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+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: Ondo Perps against Coinbase International−0.183%7-day average −0.044% · 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+0.030%+$3 on $10k
Price spread, last 3 days (all we have)+0.163%+$16 · spread now −0.183%, 7d avg −0.044%
Together, before fees+0.193%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.139% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of −0.044%). If the spread goes back, that is −$14 on $10k: about 16 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX117.780.0072pay 0.0009% / 1h31m 41s$8.0M$410.2M50x
ShortOndo Perps SOL-USD.P117.570.0100get 0.0013% / 1h31m 41s$238K$890K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. 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
$5.88
Price spread: −0.183% → −0.044%
−$13.85
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$22.97
Costs to cover
0.150%
Break-even
34.3 days
Slippage unknown: Coinbase International: 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 Coinbase International live order book, 2 min ago0.04 bp5.0 bp −$57.4 bp −$7416.2 bp −$1,625doesn't fit
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 54 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-PERP−0.0080%1h117.75−0.028%$921$8K25xas long as short
Vest SOL-PERP−0.0072%1h117.75−0.028%$609K20xas long as short
Hibachi SOL/USDT-P−0.0064%1h117.62−0.138%$92K$692K20xas long as short
ApeX Omni SOLUSDT−0.0052%1h117.67−0.101%$1.5M$6.1M50xas long as short
Derive SOL-PERP−0.0022%1h117.71−0.060%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.80+0.013%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.77−0.013%$4.5M$24.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.81+0.019%$1.4M$21.3M3.1xas long as short
Perpl SOL0.0000%43m117.83+0.037%$129K$3.9M8.3xas long as short
HTX SOL-USDT+0.0010%8h117.74−0.035%$228.9M$45.5M75xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SOL/USDC+0.0018%1h117.73−0.049%$2.0M$4.6M20xas long as short
Gate SOL_USDT+0.0032%8h117.73−0.047%$854.1M$660.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0040%1h117.82+0.027%$26.4M$25.5M50xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.73−0.045%$31.5M$98.7M100xas long as short
Coinbase International SOL-PERP-INTXlong+0.0072%1h117.78long leg$8.0M$410.2M50x
BingX SOL-USDC+0.0080%8h117.73−0.042%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0086%8h117.81+0.021%$1.1M$5.9M100xas long as short
Lighter SOL+0.0096%1h117.73−0.047%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h117.71−0.065%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.78−0.004%$103K$164K20xas long as short
Aevo SOL-PERP+0.0096%1h117.80+0.016%$345K$259K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.76−0.025%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.68−0.089%$63K$853K20xas long as short
Nado SOL-PERP+0.0100%1h117.83+0.038%$5.7M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h117.82+0.030%$719.6M$402.0M20xas long as short
Aster SOLUSDT+0.0100%8h117.76−0.021%$176.9M$180.4M100xas long as short
Pacifica SOL+0.0100%1h117.77−0.013%$14.4M$131.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.75−0.030%$971.5M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h117.76−0.018%$821.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.75−0.030%$365.8M$1.68B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h117.57−0.183%$238K$890K10x
Arcus SOL-USD+0.0100%1h117.76−0.025%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.197%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.72−0.055%$427.9M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.73−0.050%$131.7M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.73−0.044%$487.3M$441.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.75−0.030%$23.7M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.66−0.109%$24.4M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h117.62−0.137%$94.5M$405.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.61−0.149%$48.2M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.60−0.157%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.84+0.047%$359K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.81+0.021%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.81+0.018%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.78−0.006%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.77−0.013%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.74−0.038%$45.8M$101.9M50xas long as short
Phoenix SOL+0.0101%1h117.33−0.386%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.72−0.056%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.73−0.047%$227.6M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.82+0.033%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.352%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0172%1h117.81+0.018%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0314%1h117.72−0.055%$25K$51K20xas long as short