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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against Bybit+0.010%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT119.330.0100pay 0.0100% / 8h1h 56m$823.8M$1.27B100x
ShortHotstuff SOL-PERP119.34−0.0080pay 0.0010% / 1h56m 38s$846$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Bybit. 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: +0.010% → 0.000%
$1.01
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$52.79
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bybit: 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 Bybit live order book, 3 min ago0.42 bp5.9 bp −$67.0 bp −$7011.0 bp −$1,09519.8 bp −$9,916
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
Derive SOL-PERP−0.0100%1h119.11−0.185%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERPshort−0.0080%1h119.34+0.010%$846$8K25x
Vest SOL-PERP−0.0063%1h119.23−0.086%$724K20xas long as short
dYdX SOL-USD−0.0011%1h119.33−0.001%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.15−0.150%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.17−0.131%$1.2M$20.7M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.17−0.137%$120K$625K20xas long as short
Perpl SOL0.0000%43m119.13−0.168%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.17−0.134%$26.7M$27.6M50xas long as short
Aftermath Perps SOLUSD+0.0051%1h119.20−0.112%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0063%8h119.17−0.131%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0065%8h119.15−0.155%$232.1M$44.7M75xas long as short
BingX SOL-USDT+0.0080%8h119.36+0.026%$374.8Mas long as short
01 Exchange SOLUSD+0.0088%1h119.36+0.024%$104K$153K20xas long as short
Gate SOL_USDT+0.0092%8h119.35+0.016%$869.8M$674.8M100xas long as short
ApeX Omni SOLUSDT+0.0095%1h119.15−0.152%$1.5M$6.2M50xas long as short
Lighter SOL+0.0096%1h119.36+0.024%$13.6M$54.7M25xas long as short
Lighter RH SOL+0.0096%1h119.34+0.008%$2.1M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h119.11−0.182%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.31−0.015%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.28−0.043%$46K$791K20xas long as short
Nado SOL-PERP+0.0100%1h119.33−0.001%$6.3M$42.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.45+0.100%$720.6M$415.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.32−0.009%$178.9M$175.8M100xas long as short
Pacifica SOL+0.0100%1h119.37+0.032%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.31−0.017%$978.1M$3.79B100xas long as short
Bybit SOLUSDTlong+0.0100%8h119.33long leg$823.8M$1.27B100x
OKX SOL-USDT-SWAP+0.0100%8h119.30−0.026%$372.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.19−0.118%$233K$875K10xas long as short
Arcus SOL-USD+0.0100%1h119.42+0.070%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.232%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.36+0.024%$437.3M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.36+0.020%$140.7M$199.0M75xas long as short
Bitget SOLUSDT+0.0100%8h119.36+0.022%$497.5M$453.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.23−0.085%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.18−0.127%$27.4M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.12−0.175%$95.7M$396.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.08−0.210%$48.7M$33.0M20xas long as short
StandX SOL-USD+0.0100%1h119.17−0.135%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30−0.026%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.10−0.191%$203K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.17−0.137%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.08−0.206%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.11−0.185%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.16−0.143%$46.6M$102.1M50xas long as short
Extended SOL-USD+0.0104%1h119.36+0.021%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.16−0.142%$8.2M$415.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.11−0.189%$222.2M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.11−0.188%$33.6M$93.6M100xas long as short
Phoenix SOL+0.0154%1h119.22−0.093%$6.5M$12.3M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.14−0.158%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0180%1h119.18−0.128%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.36+0.025%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41+0.066%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.11−0.185%$52.0M$86.9M125xas long as short