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−0.0080%/8h= −8.7% APRnext payment $0.10 per $10,000 · paid last 24h −0.024%
Price spread now: Hotstuff against gTrade (Gains Network)−0.142%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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.142% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$14 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/USD117.80L 0.0000% / S +0.0004%get 0.0000% / 1h31m 45s$53K150x
ShortHotstuff SOL-PERP117.63−0.0080pay 0.0010% / 1h31m 45s$920$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$16.71
Price spread: −0.142% → 0.000%
−$14.18
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$45.89
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Hotstuff: 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 Hotstuff no order-book sample
gTrade (Gains Network) and Hotstuff: 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-PERPshort−0.0080%1h117.63−0.142%$920$8K25x
Vest SOL-PERP−0.0072%1h117.75−0.041%$609K20xas long as short
Hibachi SOL/USDT-P−0.0064%1h117.62−0.151%$92K$692K20xas long as short
ApeX Omni SOLUSDT−0.0052%1h117.67−0.114%$1.5M$6.1M50xas long as short
Derive SOL-PERP−0.0022%1h117.71−0.073%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDlongL 0.0000% / S +0.0004%1h117.80long leg$53K150x
dYdX SOL-USD0.0000%1h117.83+0.026%$4.5M$24.4M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.81+0.006%$1.4M$21.3M3.1xas long as short
Perpl SOL0.0000%43m117.83+0.025%$129K$3.9M8.3xas long as short
HTX SOL-USDT+0.0010%8h117.74−0.048%$228.9M$45.5M75xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SOL/USDC+0.0018%1h117.80+0.004%$2.0M$4.6M20xas long as short
Gate SOL_USDT+0.0026%8h117.75−0.042%$854.2M$660.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0040%1h117.82+0.014%$26.4M$25.5M50xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.73−0.058%$31.5M$98.7M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.78−0.013%$8.0M$410.2M50xas long as short
BingX SOL-USDT+0.0080%8h117.76−0.032%$369.5Mas long as short
Orderly PERP_SOL_USDC+0.0086%8h117.81+0.008%$1.1M$5.9M100xas long as short
Lighter SOL+0.0096%1h117.73−0.059%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h117.71−0.077%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.86+0.051%$103K$164K20xas long as short
Aevo SOL-PERP+0.0096%1h117.80+0.003%$345K$259K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.80+0.002%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.76−0.034%$63K$856K20xas long as short
Nado SOL-PERP+0.0100%1h117.83+0.025%$5.7M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h117.82+0.017%$719.6M$402.0M20xas long as short
Aster SOLUSDT+0.0100%8h117.76−0.034%$176.9M$180.4M100xas long as short
Pacifica SOL+0.0100%1h117.82+0.017%$14.4M$131.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.75−0.043%$971.5M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h117.74−0.051%$820.9M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.73−0.059%$365.9M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.57−0.195%$238K$891K10xas long as short
Arcus SOL-USD+0.0100%1h117.83+0.026%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.210%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.75−0.042%$428.0M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.77−0.030%$131.7M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.71−0.079%$487.2M$442.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.75−0.042%$23.7M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.66−0.122%$24.4M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h117.62−0.150%$94.5M$405.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.77−0.025%$48.2M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.60−0.170%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.84+0.034%$359K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.81+0.008%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.81+0.005%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.78−0.019%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.77−0.025%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.74−0.051%$45.8M$101.9M50xas long as short
Phoenix SOL+0.0101%1h117.33−0.399%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.71−0.073%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.73−0.059%$227.6M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.82+0.020%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.340%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0172%1h117.81+0.005%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0314%1h117.72−0.068%$25K$51K20xas long as short