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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0147%/8h= −16.1% APRnext payment $0.18 per $10,000 · paid last 24h −0.181%
Price spread now: Deribit against Injective−0.078%63s7-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 7 days−0.138%−$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.078% cheaper against Injective than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SOL/USDC PERP119.410.0213pay 0.0027% / 1h51m 46s$4K$2K12x
ShortDeribit SOL_USDC-PERPETUAL119.320.0066get 0.0008% / 1h51m 46s$26.8M$27.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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
−$30.94
Price spread: −0.078% → 0.000%
−$7.76
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$45.72
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 2 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 Injective no order-book sample
Sell Deribit live order book, 2 min ago0.42 bp4.5 bp −$55.4 bp −$5418.5 bp −$1,849doesn't fit
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
Derive SOL-PERP−0.0094%1h119.16−0.207%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.28−0.107%$846$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.27−0.118%$724K20xas long as short
dYdX SOL-USD−0.0005%1h119.29−0.101%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.26−0.126%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.25−0.131%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.32−0.073%$179K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.31−0.087%$120K$625K20xas long as short
Phoenix SOL+0.0054%1h119.37−0.033%$6.6M$13.6M25xas long as short
Aftermath Perps SOLUSD+0.0060%1h119.30−0.089%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0065%8h119.27−0.118%$1.1M$5.9M100xas long as short
Deribit SOL_USDC-PERPETUALshort+0.0066%1h119.32−0.078%$26.8M$27.6M50x
HTX SOL-USDT+0.0068%8h119.13−0.230%$232.1M$44.6M75xas long as short
BingX SOL-USDT+0.0080%8h119.22−0.161%$375.0Mas long as short
Lighter SOL+0.0096%1h119.17−0.204%$13.6M$55.0M25xas long as short
Lighter RH SOL+0.0096%1h119.24−0.145%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.36−0.042%$104K$153K20xas long as short
Gate SOL_USDT+0.0096%8h119.21−0.167%$867.8M$675.8M100xas long as short
Aevo SOL-PERP+0.0096%1h119.23−0.152%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.24−0.139%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.30−0.092%$46K$791K20xas long as short
Nado SOL-PERP+0.0100%1h119.30−0.089%$6.3M$41.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.30−0.092%$719.6M$413.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.21−0.165%$178.7M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.32−0.071%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.21−0.167%$982.0M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.23−0.152%$823.4M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.20−0.176%$371.8M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.44+0.025%$233K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.36−0.045%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.298%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.22−0.159%$437.1M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.22−0.160%$140.7M$199.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.19−0.180%$495.6M$454.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.25−0.134%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.31−0.080%$27.4M$127.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.37−0.032%$95.9M$397.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.47+0.052%$48.9M$32.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.46+0.042%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.36−0.042%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.31−0.084%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.24−0.144%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.26−0.127%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.31−0.086%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24−0.142%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.25−0.134%$46.6M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.19−0.185%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.27−0.121%$8.2M$415.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.22−0.160%$222.6M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.23−0.148%$32.8M$94.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.27−0.121%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0180%1h119.31−0.086%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.34−0.057%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERPlong+0.0213%1h119.41long leg$4K$2K12x
BloFin SOL-USDT+0.0220%8h119.23−0.151%$51.9M$87.0M125xas long as short