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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Ondo Perps against Bybit−0.151%47s7-day average −0.009% · you buy dearer than you sell
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 7 days+0.108%+$11 on $10k
Price spread, last 7 days−0.116%−$12 · spread now −0.151%, 7d avg −0.009%
Together, before fees−0.008%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.142% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.009%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT119.060.0100pay 0.0100% / 8h2h 56m$823.3M$1.27B100x
ShortOndo Perps SOL-USD.P118.880.0100get 0.0013% / 1h56m 44s$234K$866K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0
Price spread: −0.151% → −0.009%
−$14.21
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$30.21
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Ondo Perps: 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, 2 min ago0.42 bp6.7 bp −$77.7 bp −$7711.0 bp −$1,09621.6 bp −$10.8K
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Injective SOL/USDC PERP−0.0151%1h118.68−0.319%$4K$2K12xas long as short
Vest SOL-PERP−0.0084%1h118.96−0.086%$731K20xas long as short
Aftermath Perps SOLUSD−0.0083%1h119.03−0.022%$24K$48K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.95−0.088%$843$8K25xas long as short
Derive SOL-PERP−0.0065%1h118.92−0.118%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.02−0.034%$49K150xas long as short
dYdX SOL-USD0.0000%1h118.98−0.067%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.95−0.093%$191K$4.1M8.3xas long as short
01 Exchange SOLUSD+0.0040%1h119.03−0.025%$104K$153K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0053%1h119.06+0.003%$26.7M$27.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0055%8h119.00−0.047%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0067%8h118.94−0.098%$231.8M$43.7M75xas long as short
ApeX Omni SOLUSDT+0.0079%1h119.08+0.020%$1.5M$6.2M50xas long as short
Gate SOL_USDT+0.0080%8h119.09+0.025%$859.0M$672.8M100xas long as short
KuCoin SOLUSDTM+0.0084%8h119.11+0.038%$144.6M$197.0M75xas long as short
Bullet SOL-USD+0.0091%1h118.97−0.072%$199K$1.8M20xas long as short
Lighter SOL+0.0096%1h119.03−0.024%$13.4M$52.7M25xas long as short
Lighter RH SOL+0.0096%1h118.98−0.063%$2.0M$16.6M25xas long as short
Bitget SOLUSDT+0.0096%8h119.03−0.027%$496.7M$452.1M100xas long as short
Aevo SOL-PERP+0.0096%1h118.98−0.067%$353K$746K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.89−0.140%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.00−0.050%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h119.03−0.029%$5.6M$40.8M40xas long as short
Hyperliquid SOL+0.0100%1h119.13+0.059%$719.0M$443.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.04−0.017%$179.7M$175.9M100xas long as short
Pacifica SOL+0.0100%1h118.96−0.081%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.04−0.013%$977.5M$3.76B100xas long as short
Bybit SOLUSDTlong+0.0100%8h119.06long leg$823.3M$1.27B100x
OKX SOL-USDT-SWAP+0.0100%8h119.01−0.042%$368.2M$1.72B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h118.88−0.151%$234K$866K10x
Arcus SOL-USD+0.0100%1h118.99−0.062%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.023%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h119.10+0.034%$471.4M$1.07B300xas long as short
BingX SOL-USDT+0.0100%8h119.05−0.008%$372.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.09+0.025%$24.2M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.33+0.224%$27.8M$126.3Mas long as short
edgeX SOLUSDC+0.0100%4h119.13+0.058%$95.7M$394.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.06+0.004%$48.7M$33.5M20xas long as short
StandX SOL-USD+0.0100%1h119.00−0.050%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.04−0.017%$361K$2.4M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.02−0.038%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.97−0.073%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.98−0.067%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.99−0.059%$46.4M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h119.07+0.012%$8.7M$37.4M50xas long as short
Kalshi KXSOLPERP+0.0109%8h119.01−0.042%$1.2M$20.9M3.1xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.05−0.010%$8.1M$415.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.96−0.082%$218.2M500xas long as short
Hibachi SOL/USDT-P+0.0128%1h118.97−0.073%$123K$619K20xas long as short
Phoenix SOL+0.0149%1h119.15+0.076%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h118.99−0.062%$1.6M$6.3M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.00−0.050%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h118.99−0.059%$51.9M$91.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h119.02−0.029%$36.1M$90.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0176%1h119.01−0.042%$3.5M200xas long as short