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+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.111%
Price spread now: Hibachi against Hotstuff+0.071%7-day average · you sell dearer than you buy
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 · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hibachi is 0.071% dearer against Hotstuff than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP117.76−0.0080get 0.0010% / 1h28m 43s$921$8K25x
ShortHibachi SOL/USDT-P117.85−0.0048pay 0.0006% / 1h28m 43s$92K$691K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi 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
$6.72
Price spread: +0.071% → 0.000%
$7.13
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$0.15
Costs to cover
0.140%
Break-even
7.2 days
Slippage unknown: Hotstuff: no order-book sample; Hibachi: live order book, 40 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 Hibachi live order book, 40 min ago0.67 bp5.2 bp −$520.1 bp −$201doesn't fitdoesn'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%1h117.76long leg$921$8K25x
Vest SOL-PERP−0.0070%1h117.81+0.039%$607K20xas long as short
Derive SOL-PERP−0.0049%1h117.70−0.058%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-Pshort−0.0048%1h117.85+0.071%$92K$691K20x
ApeX Omni SOLUSDT−0.0019%1h117.75−0.011%$1.5M$6.0M50xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.78+0.014%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.88+0.100%$4.5M$24.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.86+0.082%$1.4M$21.2M3.1xas long as short
Perpl SOL0.0000%43m117.92+0.134%$129K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0017%1h117.77+0.002%$26.4M$25.5M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SOL/USDC+0.0018%1h117.87+0.089%$2.0M$4.6M20xas long as short
HTX SOL-USDT+0.0023%8h117.67−0.077%$228.7M$45.5M75xas long as short
Gate SOL_USDT+0.0034%8h117.80+0.031%$853.7M$660.7M100xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.67−0.081%$31.5M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.73−0.030%$8.0M$409.9M50xas long as short
BingX SOL-USDC+0.0080%8h117.78+0.018%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h117.76+0.001%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.82+0.051%$13.1M$59.8M25xas long as short
Lighter RH SOL+0.0096%1h117.82+0.045%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.92+0.133%$103K$160K20xas long as short
Aevo SOL-PERP+0.0096%1h117.73−0.031%$345K$256K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.93+0.141%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.84+0.065%$63K$853K20xas long as short
Nado SOL-PERP+0.0100%1h117.90+0.116%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.85+0.070%$177.0M$180.1M100xas long as short
Pacifica SOL+0.0100%1h117.89+0.110%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.89+0.108%$972.7M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h117.93+0.142%$822.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.91+0.125%$366.1M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.81+0.040%$238K$893K10xas long as short
Arcus SOL-USD+0.0100%1h117.91+0.127%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.178%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.90+0.116%$423.6M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.81+0.041%$131.5M$210.4M75xas long as short
Bitget SOLUSDT+0.0100%8h117.82+0.046%$487.8M$441.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.74−0.020%$23.7M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.72−0.039%$24.4M$125.7Mas long as short
edgeX SOLUSDC+0.0100%4h117.73−0.031%$94.6M$406.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.61−0.131%$48.2M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.84+0.065%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.87+0.091%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.80+0.031%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.78+0.013%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.92+0.131%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.72−0.037%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.74−0.020%$45.8M$101.5M50xas long as short
Phoenix SOL+0.0101%1h117.98+0.184%$6.5M$13.5M25xas long as short
Hyperliquid SOL+0.0102%1h117.93+0.142%$720.6M$402.3M20xas long as short
Extended SOL-USD+0.0104%1h117.76+0.001%$8.2M$35.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.90+0.121%$227.1M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.79+0.021%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.371%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h117.80+0.029%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0318%1h117.79+0.019%$25K$51K20xas long as short