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−0.0071%/8h= −7.8% APRnext payment $0.09 per $10,000 · paid last 24h +0.216%
Price spread now: Injective against Hotstuff−0.458%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 Injective is 0.458% cheaper against Hotstuff than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP119.70−0.0080get 0.0010% / 1h17m 07s$849$8K25x
ShortInjective SOL/USDC PERP119.15−0.0151pay 0.0019% / 1h17m 07s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14.98
Price spread: −0.458% → 0.000%
−$45.78
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$65.78
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Injective: 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 Hotstuff no order-book sample
Sell Injective no order-book sample
Hotstuff and Injective: 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 PERPshort−0.0151%1h119.15−0.458%$4K$2K12x
Hotstuff SOL-PERPlong−0.0080%1h119.70long leg$849$8K25x
Vest SOL-PERP−0.0074%1h119.60−0.083%$724K20xas long as short
Derive SOL-PERP−0.0056%1h119.53−0.142%$2.0M$3.2M13xas long as short
dYdX SOL-USD−0.0002%1h119.70+0.005%$5.0M$27.0M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.63−0.057%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.72+0.020%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.66−0.031%$180K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.65−0.041%$26.8M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0025%1h119.65−0.041%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0052%8h119.57−0.108%$232.9M$44.6M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.63−0.061%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.79+0.076%$120K$622K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.67−0.023%$105K$152K20xas long as short
BingX SOL-USDT+0.0080%8h119.56−0.112%$373.7Mas long as short
Gate SOL_USDT+0.0091%8h119.55−0.124%$872.9M$687.6M100xas long as short
Lighter SOL+0.0096%1h119.57−0.104%$13.6M$55.0M25xas long as short
Lighter RH SOL+0.0096%1h119.55−0.120%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.60−0.082%$355K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.70+0.001%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.72+0.018%$49K$788K20xas long as short
Nado SOL-PERP+0.0100%1h119.68−0.013%$6.3M$41.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.66−0.032%$722.7M$413.9M20xas long as short
Aster SOLUSDT+0.0100%8h119.56−0.115%$180.0M$176.0M100xas long as short
Pacifica SOL+0.0100%1h119.75+0.046%$12.4M$115.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.53−0.140%$979.9M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h119.54−0.131%$826.6M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.51−0.157%$372.0M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.72+0.018%$235K$874K10xas long as short
Arcus SOL-USD+0.0100%1h119.76+0.052%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.66−0.034%$134.1M$11.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.58−0.099%$437.2M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.58−0.094%$141.2M$197.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.54−0.135%$499.6M$452.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.56−0.115%$24.3M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.82+0.101%$27.5M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.86+0.135%$96.3M$401.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.72+0.020%$49.0M$33.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.75+0.039%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.80+0.085%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.62−0.065%$370K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.62−0.069%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.61−0.072%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.58−0.102%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.57−0.107%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.58−0.099%$46.7M$101.4M50xas long as short
Extended SOL-USD+0.0104%1h119.56−0.112%$8.8M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.63−0.056%$8.2M$417.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.62−0.065%$220.9M500xas long as short
Phoenix SOL+0.0154%1h119.75+0.043%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0092%1h119.63−0.054%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.70+0.004%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.58−0.098%$1.1M$562K25xas long as short
BloFin SOL-USDT+0.0220%8h119.57−0.107%$51.7M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.58−0.100%$35.6M$91.2M100xas long as short