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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.09 per $10,000 · paid last 24h +0.035%
Price spread now: StandX against Derive−0.051%7-day average +0.036% · 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+0.064%+$6 on $10k
Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.051%, 7d avg +0.036%
Together, before fees+0.246%+ Points / potential airdropStandX: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.088% cheaper against Derive than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.036%). If the spread goes back, that is −$9 on $10k: about 4.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.064% in total) that is about 9.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive SOL-PERP116.700.0031pay 0.0004% / 1h4m 09s$1.9M$2.9M13x
ShortStandX SOL-USD116.640.0100get 0.0013% / 1h4m 09s$1.3M$12.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$14.49
Price spread: −0.051% → +0.036%
−$8.76
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee StandX: 4 bp × 2 orders
−$8
Net
−$8.27
Costs to cover
0.140%
Break-even
11.0 days
Slippage unknown: Derive: no order-book sample; StandX: live order book, 5 min ago. 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 StandX live order book, 5 min ago4.29 bp9.1 bp −$99.1 bp −$91doesn't fitdoesn't fit
Derive: 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
Hibachi SOL/USDT-P−0.0168%1h116.69−0.011%$103K$698K20xas long as short
Vest SOL-PERP−0.0098%1h116.66−0.030%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.67−0.021%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.76+0.050%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.69−0.006%$1.5M$18.6M3.1xas long as short
dYdX SOL-USD+0.0001%1h116.69−0.009%$4.4M$24.2M20xas long as short
Derive SOL-PERPlong+0.0031%1h116.70long leg$1.9M$2.9M13x
01 Exchange SOLUSD+0.0056%1h116.75+0.043%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.84+0.124%$7.4M$404.4M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.80+0.090%$31.0M$100.0M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0092%8h116.77+0.064%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.81+0.098%$13.1M$60.2M25xas long as short
Lighter RH SOL+0.0096%1h116.80+0.082%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.76+0.050%$347K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.67−0.025%$50K$871K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.64−0.052%$1.0M$549K50xas long as short
Nado SOL-PERP+0.0100%1h116.65−0.040%$5.4M$39.8M40xas long as short
Hyperliquid SOL+0.0100%1h116.90+0.172%$705.8M$394.2M20xas long as short
Aster SOLUSDT+0.0100%8h116.78+0.069%$174.8M$182.4M100xas long as short
Pacifica SOL+0.0100%1h116.71+0.009%$15.7M$129.9M20xas long as short
Binance SOLUSDT+0.0100%8h116.81+0.098%$971.7M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.76+0.049%$782.1M$1.35B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.80+0.086%$369.3M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.61−0.077%$231K$833K10xas long as short
Arcus SOL-USD+0.0100%1h116.72+0.020%$927K$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.70−0.002%$134.0M$22.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.80+0.086%$842.1M$666.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.81+0.094%$375.0M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.74+0.038%$129.1M$220.8M75xas long as short
Bitget SOLUSDT+0.0100%8h116.77+0.062%$479.8M$441.0M100xas long as short
BingX SOL-USDT+0.0100%8h116.80+0.086%$365.9Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.80+0.086%$23.2M$38.9M50xas long as short
Variational Omni SOL+0.0100%8h116.60−0.082%$24.5M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65−0.043%$93.6M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.66−0.034%$47.7M$30.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.70+0.005%$1.2M$6.7M50xas long as short
StandX SOL-USDshort+0.0100%1h116.64−0.051%$1.3M$12.9M30x
Polymarket Perps SOL-USD+0.0100%1h116.73+0.026%$320K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.75+0.041%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.74+0.031%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.70−0.002%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.77+0.060%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.74+0.038%$226.2M$47.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.82+0.103%$45.7M$102.0M50xas long as short
Extended SOL-USD+0.0104%1h116.71+0.008%$8.2M$37.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.68−0.020%$231.2M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.72+0.017%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.71+0.009%$6.5M$13.4M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0158%1h116.82+0.103%$26.4M$23.7M50xas long as short
Reya SOLRUSDPERP+0.0190%1h116.71+0.012%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h116.67−0.025%$51.9M$67.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.76+0.050%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.73+0.029%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0526%1h116.75+0.046%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.79+0.077%$1.9M$4.8M20xas long as short