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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0441%/8h= +48.3% APRnext payment +$0.55 per $10,000 · paid last 24h +0.028%
Price spread now: RISEx against Jupiter Perps−0.010%45s7-day average +0.018% · 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)+0.070%+$7 on $10k
Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.010%, 7d avg +0.018%
Together, before fees+0.197%+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.028% cheaper against Jupiter Perps than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.018%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$13 a day). At the pace of the last 3 days (+0.070% in total) that is about 33 hours. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.070% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps SOL-PERP116.46L +0.0120% / S +0.0048%pay 0.0015% / 1h10m 29s$235.8M500x
ShortRISEx SOL/USDC116.450.0561get 0.0070% / 1h10m 29s$1.9M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$92.6
Price spread: −0.010% → +0.018%
−$2.85
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$71.75
Costs to cover
0.180%
Break-even
1.6 days
Slippage unknown: Jupiter Perps: no order-book sample; RISEx: live order book, 3 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 Jupiter Perps no order-book sample
Sell RISEx live order book, 3 min ago0.04 bp3.8 bp −$46.7 bp −$67doesn't fitdoesn't fit
Jupiter 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
Hibachi SOL/USDT-P−0.0208%1h116.43−0.024%$104K$703K20xas long as short
Kraken Futures PF_SOLUSD−0.0193%1h116.44−0.018%$31.4M$102.4M100xas long as short
Vest SOL-PERP−0.0106%1h116.33−0.107%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.41−0.043%$1K$8K25xas long as short
Bybit SOLUSDT−0.0066%8h116.28−0.153%$749.9M$1.40B100xas long as short
Derive SOL-PERP−0.0030%1h116.33−0.112%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.38−0.067%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.46+0.004%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0011%1h116.43−0.025%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.44−0.011%$7.6M$404.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SOL-USD+0.0062%1h116.35−0.089%$147K$1.6M20xas long as short
01 Exchange SOLUSD+0.0064%1h116.38−0.067%$99K$175K20xas long as short
Bitget SOLUSDT+0.0090%8h116.35−0.092%$480.2M$447.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0093%1h116.47+0.011%$26.2M$23.1M50xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.41−0.044%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.38−0.068%$13.1M$60.5M25xas long as short
Lighter RH SOL+0.0096%1h116.36−0.082%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.42−0.036%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.34−0.101%$61K$896K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.41−0.043%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.36−0.086%$5.4M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.48+0.019%$701.6M$395.9M20xas long as short
Aster SOLUSDT+0.0100%8h116.36−0.084%$174.3M$183.3M100xas long as short
Pacifica SOL+0.0100%1h116.41−0.043%$15.7M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.37−0.075%$970.6M$3.83B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.39−0.058%$367.3M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.37−0.075%$224K$846K10xas long as short
Arcus SOL-USD+0.0100%1h116.41−0.041%$920K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.46+0.002%$132.4M$15.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.36−0.084%$854.7M$668.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.38−0.067%$367.9M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.38−0.071%$128.7M$224.3M75xas long as short
BingX SOL-USDT+0.0100%8h116.36−0.080%$365.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.41−0.041%$23.0M$40.2M50xas long as short
Variational Omni SOL+0.0100%8h116.28−0.150%$25.0M$114.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.48+0.018%$93.5M$400.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.47+0.010%$47.7M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.54+0.067%$1.3M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.46+0.002%$1.3M$12.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.36−0.084%$319K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.41−0.038%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.41−0.045%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.42−0.032%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.38−0.069%$225.5M$48.2M75xas long as short
Phemex SOLUSDT+0.0100%8h116.42−0.032%$45.3M$103.4M50xas long as short
Extended SOL-USD+0.0104%1h116.33−0.114%$8.2M$37.8M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.70+0.208%$4K$2K12xas long as short
Jupiter Perps SOL-PERPlongL +0.0120% / S +0.0048%1h116.46long leg$235.8M500x
Phoenix SOL+0.0151%1h116.60+0.122%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0192%1h116.33−0.108%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.42−0.032%$51.9M$67.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.40−0.048%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.38−0.070%$129K$3.7M8.3xas long as short
RISEx SOL/USDCshort+0.0561%1h116.45−0.010%$1.9M$4.8M20x
Aftermath Perps SOLUSD+0.0575%1h116.52+0.051%$25K$52K20xas long as short