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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0126%/8h= −13.8% APRnext payment $0.16 per $10,000 · paid last 24h −0.041%
Price spread now: Derive against Extended−0.058%7-day average +0.001% · 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−0.049%−$5 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.058%, 7d avg +0.001%
Together, before fees−0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Derive is 0.059% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD117.560.0104pay 0.0013% / 1h33m 14s$8.2M$36.1M50x
ShortDerive SOL-PERP117.49−0.0022pay 0.0003% / 1h33m 14s$2.0M$2.8M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Extended. 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
−$26.37
Price spread: −0.058% → +0.001%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Derive: 3 bp × 2 orders
−$6
Net
−$43.28
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 6 min ago; Derive: 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 Extended live order book, 6 min ago0.43 bp2.9 bp −$34.2 bp −$427.7 bp −$773doesn't fit
Sell Derive no order-book sample
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 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%1h117.80+0.205%$921$8K25xas long as short
Vest SOL-PERP−0.0073%1h117.60+0.038%$609K20xas long as short
Hibachi SOL/USDT-P−0.0064%1h117.77+0.183%$92K$692K20xas long as short
ApeX Omni SOLUSDT−0.0052%1h117.67+0.091%$1.5M$6.1M50xas long as short
Derive SOL-PERPshort−0.0022%1h117.49−0.058%$2.0M$2.8M13x
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.59+0.026%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.65+0.078%$4.5M$24.4M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.78+0.185%$1.4M$21.4M3.1xas long as short
Perpl SOL0.0000%43m117.64+0.072%$129K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h117.62+0.053%$26.4M$25.5M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0001%8h117.53−0.021%$228.5M$45.5M75xas long as short
Gate SOL_USDT+0.0015%8h117.63+0.061%$853.3M$659.7M100xas long as short
RISEx SOL/USDC+0.0018%1h117.58+0.018%$2.0M$4.6M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.55−0.006%$31.5M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.56−0.001%$8.0M$409.8M50xas long as short
BingX SOL-USDC+0.0080%8h117.64+0.071%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0086%8h117.60+0.035%$1.1M$5.9M100xas long as short
Lighter SOL+0.0096%1h117.55−0.008%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h117.53−0.023%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.65+0.078%$103K$164K20xas long as short
Aevo SOL-PERP+0.0096%1h117.59+0.022%$345K$259K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.67+0.099%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.60+0.035%$65K$852K20xas long as short
Nado SOL-PERP+0.0100%1h117.69+0.107%$5.7M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h117.69+0.112%$718.9M$401.5M20xas long as short
Aster SOLUSDT+0.0100%8h117.64+0.071%$176.7M$180.8M100xas long as short
Pacifica SOL+0.0100%1h117.66+0.088%$14.4M$131.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.55−0.008%$969.9M$3.83B100xas long as short
Bybit SOLUSDT+0.0100%8h117.58+0.018%$820.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.59+0.027%$365.4M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.61+0.044%$238K$891K10xas long as short
Arcus SOL-USD+0.0100%1h117.60+0.037%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.005%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.60+0.035%$427.7M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.61+0.046%$131.4M$210.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.57+0.008%$486.7M$442.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.83+0.231%$23.8M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h117.66+0.083%$24.4M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h117.62+0.055%$94.5M$405.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.77+0.180%$48.2M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.66+0.086%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.60+0.035%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.61+0.043%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.59+0.023%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.59+0.024%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.58+0.018%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.53−0.025%$45.7M$102.0M50xas long as short
Phoenix SOL+0.0101%1h117.33−0.195%$6.5M$13.5M25xas long as short
Extended SOL-USDlong+0.0104%1h117.56long leg$8.2M$36.1M50x
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.67+0.092%$227.8M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.59+0.025%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.545%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0172%1h117.60+0.037%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0312%1h117.66+0.086%$25K$51K20xas long as short