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−0.0122%/8h= −13.4% APRnext payment $0.15 per $10,000 · paid last 24h −0.040%
Price spread now: Derive against Jupiter Perps+0.080%7-day average −0.029% · 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)−0.073%−$7 on $10k
Price spread, last 4 days (all we have)−0.412%−$41 · spread now +0.080%, 7d avg −0.029%
Together, before fees−0.485%−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Derive is 0.109% dearer against Jupiter Perps than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.029%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps SOL-PERP117.21L +0.0112% / S +0.0056%pay 0.0014% / 1h45m 57s$220.8M500x
ShortDerive SOL-PERP117.30−0.0010pay 0.0001% / 1h45m 57s$1.9M$2.8M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Jupiter Perps. 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
−$25.67
Price spread: +0.080% → −0.029%
$10.92
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee Derive: 3 bp × 2 orders
−$6
Net
−$32.75
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; Derive: 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 Jupiter Perps no order-book sample
Sell Derive no order-book sample
Jupiter Perps and Derive: 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-PERP−0.0080%1h117.26+0.045%$917$8K25xas long as short
Vest SOL-PERP−0.0059%1h117.29+0.068%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.36+0.134%$31.4M$98.0M100xas long as short
Derive SOL-PERPshort−0.0010%1h117.30+0.080%$1.9M$2.8M13x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.38+0.152%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.29+0.070%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.32+0.095%$1.4M$19.4M3.1xas long as short
HTX SOL-USDT+0.0043%8h117.33+0.107%$227.9M$45.6M75xas long as short
01 Exchange SOLUSD+0.0056%1h117.35+0.123%$100K$162K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h117.37+0.137%$8.0M$402.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOL-USDC+0.0080%8h117.32+0.098%$10.6Mas long as short
Hibachi SOL/USDT-P+0.0080%1h117.28+0.064%$100K$690K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0087%1h117.42+0.181%$26.4M$25.2M50xas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.38+0.144%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.35+0.125%$13.0M$59.1M25xas long as short
Lighter RH SOL+0.0096%1h117.35+0.122%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.39+0.154%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.28+0.063%$67K$831K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.30+0.083%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.36+0.136%$5.7M$39.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.35+0.123%$176.1M$176.7M100xas long as short
Pacifica SOL+0.0100%1h117.33+0.105%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.36+0.134%$966.5M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.37+0.141%$819.2M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.36+0.132%$365.6M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.21+0.004%$237K$847K10xas long as short
Arcus SOL-USD+0.0100%1h117.30+0.083%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.40+0.166%$134.9M$15.4M20xas long as short
Gate SOL_USDT+0.0100%8h117.37+0.140%$858.2M$645.9M100xas long as short
MEXC SOL_USDT+0.0100%8h117.35+0.123%$423.7M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.34+0.119%$130.1M$211.9M75xas long as short
Bitget SOLUSDT+0.0100%8h117.34+0.117%$486.4M$432.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.38+0.149%$23.7M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h117.36+0.135%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.31+0.087%$94.2M$400.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.56+0.304%$48.1M$28.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.29+0.072%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.28+0.063%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.36+0.132%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.38+0.152%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.34+0.119%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.37+0.139%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.37+0.140%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.34+0.115%$45.7M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h117.33+0.103%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPlongL +0.0112% / S +0.0056%1h117.21long leg$220.8M500x
Phoenix SOL+0.0129%1h117.38+0.149%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.37+0.138%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0156%1h117.49+0.243%$717.4M$393.1M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.36+0.129%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38+0.149%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.21+0.004%$70.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.38+0.149%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0379%1h117.43+0.195%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.37+0.142%$127K$3.8M8.3xas long as short