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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0177%/8h= −19.4% APRnext payment $0.22 per $10,000 · paid last 24h −0.040%
Price spread now: Vest against Hyperliquid−0.184%7-day average −0.023% · 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)−0.093%−$9 on $10k
Price spread, last 7 days+0.159%+$16 · spread now −0.184%, 7d avg −0.023%
Together, before fees+0.066%+ Points / potential airdropHyperliquid: Season 2 · Vest: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.161% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SOL118.850.0100pay 0.0013% / 1h16m 01s$718.6M$410.9M20x
ShortVest SOL-PERP118.63−0.0077pay 0.0010% / 1h16m 01s$723K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Hyperliquid. 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
−$37.2
Price spread: −0.184% → −0.023%
−$16.09
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$64.28
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Vest: 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 Hyperliquid live order book, 8 min ago0.42 bp4.9 bp −$55.1 bp −$517.5 bp −$748doesn't fit
Sell Vest no order-book sample
Vest: 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
Derive SOL-PERP−0.0083%1h118.58−0.225%$2.0M$2.8M13xas long as short
Hotstuff SOL-PERP−0.0080%1h118.68−0.147%$841$8K25xas long as short
Vest SOL-PERPshort−0.0077%1h118.63−0.184%$723K20x
ApeX Omni SOLUSDT−0.0026%1h118.71−0.123%$1.5M$6.2M50xas long as short
dYdX SOL-USD−0.0014%1h118.70−0.126%$4.8M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.68−0.146%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.71−0.117%$1.3M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.70−0.130%$175K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0026%1h118.74−0.092%$26.6M$25.8M50xas long as short
Gate SOL_USDT+0.0074%8h118.67−0.153%$867.3M$685.1M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0076%8h118.68−0.148%$1.0M$5.9M100xas long as short
HTX SOL-USDT+0.0079%8h118.63−0.190%$230.9M$45.2M75xas long as short
01 Exchange SOLUSD+0.0080%1h118.72−0.111%$103K$158K20xas long as short
BingX SOL-USDC+0.0080%8h118.69−0.139%$10.5Mas long as short
Lighter SOL+0.0096%1h118.69−0.136%$13.4M$56.5M25xas long as short
Lighter RH SOL+0.0096%1h118.68−0.145%$2.1M$17.1M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h118.60−0.212%$120K$632K20xas long as short
Aevo SOL-PERP+0.0096%1h118.65−0.168%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.74−0.091%$8.1M$416.9M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.73−0.105%$1.0M$521K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.67−0.153%$45K$802K20xas long as short
Nado SOL-PERP+0.0100%1h118.72−0.115%$5.7M$40.9M40xas long as short
Hyperliquid SOLlong+0.0100%1h118.85long leg$718.6M$410.9M20x
Aster SOLUSDT+0.0100%8h118.70−0.125%$178.7M$178.0M100xas long as short
Pacifica SOL+0.0100%1h118.74−0.094%$12.2M$121.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.69−0.136%$978.2M$3.84B100xas long as short
Bybit SOLUSDT+0.0100%8h118.73−0.104%$823.8M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.67−0.153%$369.9M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.63−0.187%$228K$876K10xas long as short
Arcus SOL-USD+0.0100%1h118.73−0.102%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.73−0.105%$133.6M$4.6M20xas long as short
MEXC SOL_USDT+0.0100%8h118.69−0.136%$426.0M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.69−0.139%$137.7M$205.8M75xas long as short
Bitget SOLUSDT+0.0100%8h118.67−0.149%$492.3M$460.4M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.74−0.094%$24.1M$38.6M50xas long as short
Variational Omni SOL+0.0100%8h118.70−0.129%$27.0M$129.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.65−0.169%$95.3M$403.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.69−0.139%$48.6M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h118.61−0.203%$1.3M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.68−0.144%$363K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.66−0.160%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.70−0.131%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.68−0.149%$192K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.69−0.136%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.71−0.119%$46.4M$102.9M50xas long as short
Phoenix SOL+0.0100%1h118.70−0.128%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.67−0.155%$8.6M$36.1M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.71−0.116%$32.6M$97.4M100xas long as short
Aftermath Perps SOLUSD+0.0112%1h118.70−0.127%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.69−0.136%$226.6M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0167% / S −0.0068%1h118.68−0.146%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0170%1h118.91+0.049%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0184%1h118.67−0.153%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.55−0.254%$51.9M$80.5M125xas long as short
RISEx SOL/USDC+0.0226%1h118.68−0.141%$1.8M$5.1M20xas long as short