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+0.0156%/8h= +17.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.093%
Price spread now: Aftermath Perps against Derive−0.081%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.081% cheaper against Derive than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 42 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive SOL-PERP119.59−0.0095get 0.0012% / 1h41m 00s$2.0M$3.0M13x
ShortAftermath Perps SOLUSD119.490.0061get 0.0008% / 1h41m 00s$24K$47K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Derive. 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
$32.73
Price spread: −0.081% → 0.000%
−$8.09
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$9.64
Costs to cover
0.150%
Break-even
4.9 days
Slippage unknown: Derive: no order-book sample; Aftermath 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 Derive no order-book sample
Sell Aftermath Perps no order-book sample
Derive and Aftermath 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
Bluefin SOL-PERP−0.0426%1h119.66+0.064%$37K$17K25xas long as short
Derive SOL-PERPlong−0.0095%1h119.59long leg$2.0M$3.0M13x
Hotstuff SOL-PERP−0.0080%1h119.73+0.122%$849$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.65+0.051%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.74+0.125%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.70+0.093%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.75+0.132%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.72+0.111%$179K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.53−0.050%$120K$611K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0044%1h119.74+0.127%$26.8M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SOL+0.0054%1h119.50−0.073%$6.6M$13.6M25xas long as short
Aftermath Perps SOLUSDshort+0.0061%1h119.49−0.081%$24K$47K20x
Orderly PERP_SOL_USDC+0.0066%8h119.67+0.068%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0076%8h119.68+0.078%$233.1M$44.6M75xas long as short
BingX SOL-USDC+0.0080%8h119.73+0.120%$10.5Mas long as short
01 Exchange SOLUSD+0.0088%1h119.74+0.128%$105K$153K20xas long as short
Gate SOL_USDT+0.0090%8h119.68+0.078%$873.4M$679.3M100xas long as short
Lighter SOL+0.0096%1h119.68+0.079%$13.6M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.69+0.086%$2.1M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h119.60+0.012%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.71+0.102%$1.1M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.71+0.103%$46K$790K20xas long as short
Nado SOL-PERP+0.0100%1h119.70+0.099%$6.2M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.80+0.178%$722.4M$416.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.74+0.128%$179.2M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.76+0.143%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.74+0.128%$986.8M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.77+0.154%$827.6M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.74+0.128%$373.1M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.74+0.128%$234K$889K10xas long as short
Arcus SOL-USD+0.0100%1h119.81+0.187%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.71+0.103%$459.8M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.72+0.110%$141.3M$199.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.73+0.120%$497.1M$454.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.72+0.111%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.38−0.170%$27.7M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.51−0.067%$96.0M$398.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44−0.124%$48.9M$32.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.49−0.080%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.68+0.078%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.70+0.094%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.69+0.087%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.67+0.069%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.69+0.086%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.63+0.036%$46.7M$101.8M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.135%$134.3M$8.4M20xas long as short
Extended SOL-USD+0.0104%1h119.66+0.062%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.73+0.122%$8.2M$415.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.77+0.156%$221.9M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.70+0.096%$32.7M$95.3M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.69+0.090%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.68+0.078%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.78+0.163%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.382%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.69+0.086%$52.1M$82.8M125xas long as short