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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Ondo Perps against Katana Perps−0.050%7-day average +0.033% · 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)+0.003%$0 on $10k
Price spread, last 7 days−0.228%−$23 · spread now −0.050%, 7d avg +0.033%
Together, before fees−0.224%+ Points / potential airdropOndo Perps: Active · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.083% cheaper against Katana Perps than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps SOL-USD119.020.0100pay 0.0100% / 8h2h 32m$45K$781K20x
ShortOndo Perps SOL-USD.P118.960.0100get 0.0013% / 1h32m 00s$234K$867K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Katana 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
$0.04
Price spread: −0.050% → +0.033%
−$8.3
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$17.06
Costs to cover
0.088%
Break-even
2714.4 days
Slippage unknown: Katana Perps: 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 Katana Perps no order-book sample
Sell Ondo Perps no order-book sample
Katana Perps 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
Injective SOL/USDC PERP−0.0151%1h118.89−0.109%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.95−0.056%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.06+0.035%$844$8K25xas long as short
Vest SOL-PERP−0.0080%1h118.98−0.037%$724K20xas long as short
Aftermath Perps SOLUSD−0.0008%1h118.99−0.021%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.05+0.022%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.03+0.009%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.02+0.001%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.05+0.024%$4.9M$26.9M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0006%1h119.09+0.055%$26.7M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.03+0.012%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0063%8h118.96−0.053%$231.8M$43.6M75xas long as short
01 Exchange SOLUSD+0.0072%1h119.05+0.025%$104K$152K20xas long as short
Hibachi SOL/USDT-P+0.0072%1h118.99−0.028%$122K$600K20xas long as short
ApeX Omni SOLUSDT+0.0075%1h119.12+0.083%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.00−0.017%$10.5Mas long as short
Gate SOL_USDT+0.0085%8h119.00−0.017%$868.8M$681.4M100xas long as short
Lighter SOL+0.0096%1h119.020.000%$13.4M$53.8M25xas long as short
Lighter RH SOL+0.0096%1h119.01−0.008%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.02+0.004%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.03+0.010%$1.0M$524K50xas long as short
Katana Perps SOL-USDlong+0.0100%8h119.02long leg$45K$781K20x
Nado SOL-PERP+0.0100%1h119.01−0.009%$6.5M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.11+0.076%$718.6M$414.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.00−0.014%$179.6M$174.6M100xas long as short
Pacifica SOL+0.0100%1h119.10+0.067%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.99−0.025%$972.7M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.01−0.006%$825.2M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.96−0.050%$370.8M$1.70B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h118.96−0.050%$234K$867K10x
Arcus SOL-USD+0.0100%1h119.11+0.073%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.01−0.008%$474.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.06+0.031%$142.8M$196.2M75xas long as short
Bitget SOLUSDT+0.0100%8h119.01−0.011%$496.7M$448.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.04+0.017%$24.4M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h119.00−0.016%$27.4M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.99−0.023%$95.6M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.12+0.084%$48.8M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h118.99−0.025%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.020.000%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.01−0.007%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.04+0.015%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.00−0.018%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.020.000%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.01−0.008%$46.5M$100.0M50xas long as short
Bulk SOL-USD+0.0100%1h118.71−0.261%$133.1M$11.8M20xas long as short
Extended SOL-USD+0.0104%1h119.00−0.020%$8.7M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.06+0.035%$8.1M$414.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.04+0.018%$216.8M500xas long as short
Phoenix SOL+0.0154%1h119.03+0.008%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.08+0.054%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.00−0.014%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.98−0.034%$51.7M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h119.04+0.013%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.04+0.017%$3.6M200xas long as short