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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0048%/8h= −5.2% APRnext payment $0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Vest against Derive−0.039%7-day average +0.014% · 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)−0.039%−$4 on $10k
Price spread, last 4 days (all we have)+0.430%+$43 · spread now −0.039%, 7d avg +0.014%
Together, before fees+0.391%+ Points / potential airdropVest: Active · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.053% cheaper against Derive than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive SOL-PERP117.40−0.0010get 0.0001% / 1h43m 25s$1.9M$2.8M13x
ShortVest SOL-PERP117.35−0.0058pay 0.0007% / 1h43m 25s$605K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$10.01
Price spread: −0.039% → +0.014%
−$5.31
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$23.32
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Vest: 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 Vest no order-book sample
Derive and Vest: 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
Hotstuff SOL-PERP−0.0080%1h117.36−0.029%$918$8K25xas long as short
Vest SOL-PERPshort−0.0058%1h117.35−0.039%$605K20x
Kraken Futures PF_SOLUSD−0.0055%1h117.49+0.076%$31.5M$98.1M100xas long as short
Derive SOL-PERPlong−0.0010%1h117.40long leg$1.9M$2.8M13x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.44+0.035%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.46+0.051%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.43+0.024%$1.4M$19.5M3.1xas long as short
HTX SOL-USDT+0.0047%8h117.27−0.112%$227.8M$45.6M75xas long as short
01 Exchange SOLUSD+0.0056%1h117.41+0.009%$100K$163K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h117.37−0.025%$8.0M$402.5M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOL-USDT+0.0070%8h117.43+0.025%$362.6Mas long as short
Hibachi SOL/USDT-P+0.0072%1h117.34−0.054%$100K$691K20xas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.48+0.066%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.47+0.063%$13.0M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.45+0.046%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.48+0.066%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.36−0.033%$67K$835K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.45+0.045%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.42+0.022%$5.8M$39.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.43+0.026%$176.2M$176.8M100xas long as short
Pacifica SOL+0.0100%1h117.50+0.086%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.43+0.025%$967.1M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.46+0.052%$820.3M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.49+0.077%$365.4M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.21−0.161%$237K$847K10xas long as short
Arcus SOL-USD+0.0100%1h117.43+0.028%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.043%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.39−0.008%$857.7M$646.6M100xas long as short
MEXC SOL_USDT+0.0100%8h117.41+0.009%$423.9M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.39−0.012%$130.0M$212.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.47+0.063%$486.5M$433.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.36−0.033%$23.6M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h117.36−0.030%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.39−0.009%$94.3M$401.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.27−0.114%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.48+0.069%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.38−0.016%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.40+0.001%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.42+0.019%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.44+0.033%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.42+0.017%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.48+0.069%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.37−0.025%$45.7M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h117.46+0.051%$8.2M$36.0M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0112%1h117.54+0.119%$26.4M$25.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.35−0.046%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.137%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.47+0.062%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0160%1h117.51+0.095%$717.6M$393.3M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.40+0.002%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38−0.016%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.47+0.060%$70.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.43+0.028%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0381%1h117.46+0.048%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.46+0.052%$127K$3.8M8.3xas long as short