Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h −0.053%
Price spread now: Hotstuff against Bullet+0.056%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.056% dearer against Bullet than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD118.890.0100pay 0.0013% / 1h21m 20s$203K$1.7M20x
ShortHotstuff SOL-PERP118.96−0.0080pay 0.0010% / 1h21m 20s$930$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Bullet. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$37.8
Price spread: +0.056% → 0.000%
$5.64
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$45.16
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Bullet: live order book, 3 min ago; Hotstuff: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bullet live order book, 3 min ago0.29 bp6.4 bp −$68.3 bp −$83doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERPshort−0.0080%1h118.96+0.056%$930$8K25x
Vest SOL-PERP−0.0077%1h118.86−0.031%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.83−0.058%$2.0M$2.7M13xas long as short
dYdX SOL-USD−0.0022%1h118.96+0.051%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.97+0.062%$32.4M$97.3M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.93+0.029%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.02+0.103%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m118.90+0.005%$154K$3.8M8.3xas long as short
HTX SOL-USDT+0.0016%8h118.87−0.021%$231.3M$44.0M75xas long as short
Hibachi SOL/USDT-P+0.0016%1h118.97+0.062%$100K$657K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP+0.0026%1h118.92+0.018%$37K$17K25xas long as short
01 Exchange SOLUSD+0.0032%1h118.87−0.021%$104K$159K20xas long as short
BingX SOL-USDT+0.0080%8h118.92+0.025%$366.3Mas long as short
Orderly PERP_SOL_USDC+0.0082%8h118.92+0.024%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.95+0.050%$8.1M$409.7M50xas long as short
Lighter SOL+0.0096%1h118.90+0.001%$14.2M$56.0M25xas long as short
Lighter RH SOL+0.0096%1h118.90+0.006%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h118.91+0.017%$348K$249K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.91+0.014%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.88−0.013%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h118.88−0.010%$5.9M$40.5M40xas long as short
Hyperliquid SOL+0.0100%1h118.99+0.080%$724.3M$396.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.87−0.021%$179.5M$177.0M100xas long as short
Pacifica SOL+0.0100%1h118.93+0.026%$12.2M$124.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.91+0.013%$979.4M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.94+0.038%$823.9M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.92+0.021%$370.7M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.86−0.029%$233K$830K10xas long as short
Arcus SOL-USD+0.0100%1h118.89−0.001%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.07+0.148%$136.4M$9.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.89−0.004%$854.6M$668.4M100xas long as short
MEXC SOL_USDT+0.0100%8h118.88−0.013%$429.5M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.89−0.003%$138.6M$202.9M75xas long as short
Bitget SOLUSDT+0.0100%8h118.93+0.026%$493.7M$439.4M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.95+0.046%$24.1M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h118.93+0.026%$25.0M$130.3Mas long as short
edgeX SOLUSDC+0.0100%4h119.00+0.092%$95.6M$403.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.15+0.214%$48.8M$29.2M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.04+0.122%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.97+0.063%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.88−0.013%$354K$2.4M20xas long as short
Bullet SOL-USDlong+0.0100%1h118.89long leg$203K$1.7M20x
SunX SOL-USDT+0.0100%8h118.91+0.014%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.94+0.038%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.97+0.063%$46.6M$99.8M50xas long as short
Extended SOL-USD+0.0104%1h118.90+0.002%$8.6M$34.9M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0106%1h119.00+0.088%$26.7M$24.8M50xas long as short
Phoenix SOL+0.0114%1h119.17+0.231%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.95+0.049%$219.4M500xas long as short
RISEx SOL/USDC+0.0161%1h118.89−0.008%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.93+0.026%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01+0.097%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0185%1h119.03+0.113%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h118.86−0.030%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.04+0.122%$51.9M$76.2M125xas long as short