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+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.055%
Price spread now: Extended against Hotstuff−0.213%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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.213% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.213% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 3.9 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP117.80−0.0080get 0.0010% / 1h33m 26s$921$8K25x
ShortExtended SOL-USD117.550.0104get 0.0013% / 1h33m 26s$8.2M$36.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hotstuff. 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
$38.64
Price spread: −0.213% → 0.000%
−$21.32
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$7.32
Costs to cover
0.100%
Break-even
5.7 days
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 6 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 Hotstuff no order-book sample
Sell Extended live order book, 6 min ago0.43 bp2.9 bp −$32.9 bp −$295.7 bp −$574doesn't fit
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-PERPlong−0.0080%1h117.80long leg$921$8K25x
Vest SOL-PERP−0.0073%1h117.60−0.167%$609K20xas long as short
Hibachi SOL/USDT-P−0.0064%1h117.77−0.022%$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%1h117.67−0.111%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.59−0.179%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.65−0.127%$4.5M$24.4M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.78−0.020%$1.4M$21.4M3.1xas long as short
Perpl SOL0.0000%43m117.64−0.133%$129K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h117.80−0.001%$26.4M$25.5M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0002%8h117.71−0.076%$228.8M$45.5M75xas long as short
Gate SOL_USDT+0.0015%8h117.58−0.187%$853.0M$659.6M100xas long as short
RISEx SOL/USDC+0.0018%1h117.58−0.187%$2.0M$4.6M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.76−0.038%$31.5M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.79−0.005%$8.0M$410.8M50xas long as short
BingX SOL-USDT+0.0080%8h117.60−0.171%$369.3Mas long as short
Orderly PERP_SOL_USDC+0.0086%8h117.77−0.027%$1.1M$5.9M100xas long as short
Lighter SOL+0.0096%1h117.64−0.138%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h117.62−0.154%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.65−0.127%$103K$164K20xas long as short
Aevo SOL-PERP+0.0096%1h117.77−0.029%$345K$259K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.67−0.106%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.60−0.170%$65K$852K20xas long as short
Nado SOL-PERP+0.0100%1h117.69−0.098%$5.7M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h117.69−0.093%$718.9M$401.5M20xas long as short
Aster SOLUSDT+0.0100%8h117.60−0.166%$176.7M$180.8M100xas long as short
Pacifica SOL+0.0100%1h117.66−0.117%$14.4M$131.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.60−0.170%$970.3M$3.83B100xas long as short
Bybit SOLUSDT+0.0100%8h117.63−0.144%$820.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.62−0.153%$365.2M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.61−0.161%$238K$891K10xas long as short
Arcus SOL-USD+0.0100%1h117.60−0.168%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.210%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.60−0.170%$427.7M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.61−0.159%$131.4M$210.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.59−0.177%$486.7M$442.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.83+0.025%$23.8M$37.5M50xas 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%1h117.66−0.119%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.60−0.170%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.61−0.161%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.73−0.056%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.75−0.044%$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%8h117.76−0.034%$45.8M$101.8M50xas long as short
Phoenix SOL+0.0101%1h117.33−0.399%$6.5M$13.5M25xas long as short
Extended SOL-USDshort+0.0104%1h117.55−0.213%$8.2M$36.1M50x
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.67−0.113%$227.8M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.59−0.180%$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%1h117.60−0.168%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0312%1h117.66−0.119%$25K$51K20xas long as short