Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Ondo Perps against Hotstuff−0.176%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 4 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 · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.176% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.176% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 3.3 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP117.42−0.0080get 0.0010% / 1h44m 03s$918$8K25x
ShortOndo Perps SOL-USD.P117.210.0100get 0.0013% / 1h44m 03s$237K$847K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo 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
$37.8
Price spread: −0.176% → 0.000%
−$17.63
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$10.17
Costs to cover
0.100%
Break-even
5.1 days
Slippage unknown: Hotstuff: no order-book sample; Ondo 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 Ondo Perps no order-book sample
Hotstuff and Ondo 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
Hotstuff SOL-PERPlong−0.0080%1h117.42long leg$918$8K25x
Vest SOL-PERP−0.0058%1h117.34−0.065%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.34−0.062%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.27−0.122%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.32−0.083%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.41−0.007%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.43+0.009%$1.4M$19.5M3.1xas long as short
HTX SOL-USDT+0.0047%8h117.27−0.127%$227.8M$45.6M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0056%1h117.39−0.027%$26.4M$25.2M50xas long as short
01 Exchange SOLUSD+0.0056%1h117.39−0.023%$100K$163K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.37−0.040%$8.0M$402.5M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.49+0.061%$100K$691K20xas long as short
BingX SOL-USDC+0.0080%8h117.38−0.029%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.37−0.041%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.35−0.056%$13.0M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.33−0.070%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.34−0.063%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.35−0.057%$67K$835K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.43+0.012%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.39−0.024%$5.7M$39.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.39−0.019%$176.2M$176.7M100xas long as short
Pacifica SOL+0.0100%1h117.44+0.023%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.40−0.014%$966.9M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.44+0.020%$820.3M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.44+0.020%$365.5M$1.63B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h117.21−0.176%$237K$847K10x
Arcus SOL-USD+0.0100%1h117.41−0.009%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.028%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.37−0.040%$857.6M$646.4M100xas long as short
MEXC SOL_USDT+0.0100%8h117.40−0.014%$423.9M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.35−0.060%$130.0M$212.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.41−0.003%$486.2M$433.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.36−0.049%$23.6M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h117.36−0.045%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.27−0.128%$94.2M$400.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.27−0.129%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.29−0.108%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.36−0.049%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.36−0.049%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.32−0.083%$199K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.33−0.072%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.35−0.058%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.35−0.057%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.37−0.040%$45.7M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h117.32−0.084%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.48+0.051%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.122%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.47+0.045%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0159%1h117.49+0.062%$717.4M$393.2M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.34−0.068%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38−0.032%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.47+0.045%$70.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.31−0.088%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0381%1h117.40−0.014%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.40−0.013%$128K$3.8M8.3xas long as short