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+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: Katana Perps against Hotstuff+0.038%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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Katana Perps is 0.038% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP118.95−0.0080get 0.0010% / 1h57m 24s$843$8K25x
ShortKatana Perps SOL-USD119.000.0100get 0.0100% / 8h2h 57m$47K$786K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
$37.76
Price spread: +0.038% → 0.000%
$3.78
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$32.74
Costs to cover
0.088%
Break-even
0.9 days
Slippage unknown: Hotstuff: no order-book sample; Katana Perps: 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 Katana Perps no order-book sample
Hotstuff and Katana Perps: 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%1h118.68−0.231%$4K$2K12xas long as short
Vest SOL-PERP−0.0084%1h118.96+0.003%$731K20xas long as short
Aftermath Perps SOLUSD−0.0083%1h119.03+0.066%$24K$48K20xas long as short
Hotstuff SOL-PERPlong−0.0080%1h118.95long leg$843$8K25x
Derive SOL-PERP−0.0065%1h118.92−0.030%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.02+0.054%$49K150xas long as short
dYdX SOL-USD0.0000%1h118.98+0.021%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.95−0.005%$191K$4.1M8.3xas long as short
01 Exchange SOLUSD+0.0040%1h119.03+0.063%$104K$153K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0053%1h119.06+0.091%$26.7M$27.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0055%8h119.00+0.041%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0065%8h118.86−0.078%$231.6M$43.8M75xas long as short
SoDEX SOL-USD+0.0067%1h118.87−0.071%$6.2M$10.8M20xas long as short
ApeX Omni SOLUSDT+0.0079%1h119.08+0.108%$1.5M$6.2M50xas long as short
Gate SOL_USDT+0.0080%8h119.02+0.055%$858.5M$672.7M100xas long as short
KuCoin SOLUSDTM+0.0084%8h119.04+0.074%$144.7M$197.0M75xas long as short
Bullet SOL-USD+0.0091%1h118.97+0.016%$199K$1.8M20xas long as short
Lighter SOL+0.0096%1h118.950.000%$13.4M$52.7M25xas long as short
Lighter RH SOL+0.0096%1h118.94−0.013%$2.0M$16.6M25xas long as short
Bitget SOLUSDT+0.0096%8h118.98+0.024%$496.3M$452.0M100xas long as short
Aevo SOL-PERP+0.0096%1h118.98+0.021%$353K$746K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.89−0.052%$1.0M$525K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h119.00+0.038%$47K$786K20x
Nado SOL-PERP+0.0100%1h119.03+0.059%$5.6M$40.8M40xas long as short
Hyperliquid SOL+0.0100%1h119.14+0.156%$719.1M$443.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.98+0.021%$179.9M$175.9M100xas long as short
Pacifica SOL+0.0100%1h118.96+0.008%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.98+0.021%$976.9M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h119.01+0.046%$823.1M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.97+0.013%$368.1M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.88−0.063%$234K$866K10xas long as short
Arcus SOL-USD+0.0100%1h118.99+0.026%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.111%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h119.02+0.055%$471.7M$1.07B300xas long as short
BingX SOL-USDC+0.0100%8h118.97+0.012%$10.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.88−0.063%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.33+0.313%$27.8M$126.3Mas long as short
edgeX SOLUSDC+0.0100%4h119.13+0.146%$95.7M$394.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.06+0.092%$48.7M$33.5M20xas long as short
StandX SOL-USD+0.0100%1h119.00+0.038%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.04+0.071%$361K$2.4M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.02+0.050%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.97+0.015%$193K$1.9M30xas long as short
Phemex SOLUSDT+0.0100%8h118.85−0.088%$46.4M$100.1M50xas long as short
Extended SOL-USD+0.0104%1h118.92−0.033%$8.7M$37.4M50xas long as short
Kalshi KXSOLPERP+0.0111%8h119.05+0.084%$1.2M$21.0M3.1xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.92−0.033%$8.0M$414.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.96+0.006%$218.2M500xas long as short
Hibachi SOL/USDT-P+0.0128%1h118.97+0.015%$123K$619K20xas long as short
Phoenix SOL+0.0149%1h119.15+0.164%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h118.99+0.026%$1.6M$6.3M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.00+0.038%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h119.07+0.097%$51.7M$91.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.89−0.054%$36.1M$90.7M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0176%1h119.01+0.046%$3.5M200xas long as short