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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.006%
Price spread now: Derive against gTrade (Gains Network)−0.102%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Derive is 0.102% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SOL/USD118.89L 0.0000% / S +0.0004%get 0.0000% / 1h53m 42s$49K150x
ShortDerive SOL-PERP118.77−0.0104pay 0.0013% / 1h53m 42s$2.0M$3.2M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against gTrade (Gains Network). 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
−$21.8
Price spread: −0.102% → 0.000%
−$10.16
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
−$47.96
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell Derive no order-book sample
gTrade (Gains Network) and 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
Injective SOL/USDC PERP−0.0151%1h118.68−0.177%$4K$2K12xas long as short
Derive SOL-PERPshort−0.0104%1h118.77−0.102%$2.0M$3.2M13x
Aftermath Perps SOLUSD−0.0085%1h119.04+0.122%$24K$48K20xas long as short
Vest SOL-PERP−0.0083%1h118.80−0.075%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.79−0.084%$842$8K25xas long as short
gTrade (Gains Network) SOL/USDlongL 0.0000% / S +0.0004%1h118.89long leg$49K150x
dYdX SOL-USD0.0000%1h118.90+0.008%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.76−0.109%$184K$4.1M8.3xas long as short
01 Exchange SOLUSD+0.0056%1h118.80−0.076%$104K$153K20xas long as short
Orderly PERP_SOL_USDC+0.0056%8h118.86−0.025%$1.1M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0063%1h118.94+0.039%$26.7M$27.8M50xas long as short
HTX SOL-USDT+0.0070%8h118.81−0.071%$231.5M$43.8M75xas long as short
Gate SOL_USDT+0.0079%8h118.92+0.025%$858.5M$673.8M100xas long as short
KuCoin SOLUSDTM+0.0086%8h118.94+0.040%$144.8M$197.0M75xas long as short
Lighter SOL+0.0096%1h118.87−0.015%$13.4M$52.9M25xas long as short
Lighter RH SOL+0.0096%1h118.87−0.017%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.89−0.003%$353K$746K20xas long as short
Bitget SOLUSDT+0.0097%8h118.92+0.028%$496.4M$451.6M100xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.74−0.124%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.81−0.067%$47K$781K20xas long as short
Nado SOL-PERP+0.0100%1h118.75−0.122%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.03+0.118%$718.2M$423.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.93+0.034%$179.5M$174.3M100xas long as short
Pacifica SOL+0.0100%1h118.88−0.008%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.86−0.021%$974.3M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h118.95+0.049%$823.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.91+0.017%$368.9M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.78−0.093%$233K$867K10xas long as short
Arcus SOL-USD+0.0100%1h118.87−0.019%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.166%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.90+0.008%$471.2M$1.07B300xas long as short
BingX SOL-USDC+0.0100%8h118.92+0.023%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.91+0.017%$24.1M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.07+0.155%$27.7M$126.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.93+0.034%$95.5M$395.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.07+0.153%$48.7M$33.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.99+0.084%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.10+0.177%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.77−0.101%$360K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.81−0.064%$200K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.86−0.029%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.83−0.047%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.86−0.025%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.85−0.034%$46.4M$99.8M50xas long as short
Extended SOL-USD+0.0104%1h118.88−0.005%$8.7M$37.4M50xas long as short
Kalshi KXSOLPERP+0.0104%8h119.14+0.209%$1.2M$20.9M3.1xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.92+0.025%$8.1M$414.4M50xas long as short
Hibachi SOL/USDT-P+0.0120%1h119.02+0.112%$123K$621K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.98+0.075%$217.6M500xas long as short
Phoenix SOL+0.0149%1h119.15+0.219%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h118.84−0.042%$1.6M$6.2M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.80−0.079%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.18+0.244%$52.0M$91.2M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.90+0.005%$36.2M$90.2M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0175%1h118.88−0.008%$3.5M200xas long as short