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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h +0.192%
Price spread now: Injective against Deribit+0.159%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 7 days+0.146%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.159% dearer against Deribit than usual: you sell high and buy low (spread +0.159% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.146%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOL_USDC-PERPETUAL116.180.0081pay 0.0010% / 1h14m 43s$26.3M$21.7M50x
ShortInjective SOL/USDC PERP116.36−0.0055pay 0.0007% / 1h14m 43s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Deribit. 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
−$28.56
Price spread: +0.159% → 0.000%
$15.9
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$19.68
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Deribit: live order book, 4 min ago; Injective: 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 Deribit live order book, 4 min ago0.04 bp4.2 bp −$44.6 bp −$4614.3 bp −$1,433doesn't fit
Sell Injective no order-book sample
Injective: 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
Kraken Futures PF_SOLUSD−0.0153%1h116.13−0.037%$32.2M$106.9M100xas long as short
Bybit SOLUSDT−0.0097%8h116.16−0.015%$733.2M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.27+0.085%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0064%1h116.18+0.001%$101K$676K20xas long as short
Injective SOL/USDC PERPshort−0.0055%1h116.36+0.159%$4K$2K12x
Vest SOL-PERP−0.0038%1h116.10−0.063%$649K20xas long as short
Derive SOL-PERP−0.0026%1h116.08−0.086%$1.8M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.14−0.030%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.16−0.009%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.12−0.051%$99K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0005%1h116.17−0.007%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0023%8h116.14−0.030%$479.2M$456.2M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.14−0.030%$7.8M$398.2M50xas long as short
Aster SOLUSDT+0.0052%8h116.17−0.008%$177.0M$168.8M100xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.13−0.039%$1.0M$6.1M100xas long as short
01 Exchange SOLUSD+0.0072%1h116.18+0.004%$100K$182K20xas long as short
Deribit SOL_USDC-PERPETUALlong+0.0081%1h116.18long leg$26.3M$21.7M50x
Lighter RH SOL+0.0088%1h116.15−0.025%$2.2M$16.8M25xas long as short
SoDEX SOL-USD+0.0090%1h116.11−0.056%$6.1M$11.0M20xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.20+0.021%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.15−0.022%$13.1M$60.9M25xas long as short
Aevo SOL-PERP+0.0096%1h116.11−0.053%$350K$256K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.11−0.056%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.13−0.039%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.21+0.030%$695.4M$408.7M20xas long as short
Pacifica SOL+0.0100%1h116.22+0.039%$15.7M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.17−0.003%$960.6M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.15−0.022%$365.7M$1.76B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.13−0.039%$223K$856K10xas long as short
Arcus SOL-USD+0.0100%1h116.18+0.006%$923K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.21+0.029%$125.5M$25.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.15−0.022%$843.7M$669.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.16−0.013%$370.8M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.18+0.001%$129.2M$236.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.17−0.004%$374.3Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.11−0.056%$22.8M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.09−0.076%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.13−0.041%$93.3M$406.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.23+0.045%$47.6M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.24+0.059%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.12−0.048%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.10−0.065%$314K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.13−0.041%$281K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.12−0.048%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.11−0.053%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.10−0.061%$224.8M$50.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.12−0.048%$45.1M$104.2M50xas long as short
Extended SOL-USD+0.0104%1h116.12−0.050%$8.2M$36.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.13−0.043%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.21+0.030%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.08−0.086%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.11−0.056%$51.9M$65.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.12−0.045%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0452%1h116.17−0.008%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.24+0.053%$2.1M$4.8M20xas long as short