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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0123%/8h= −13.5% APRnext payment $0.15 per $10,000 · paid last 24h −0.001%
Price spread now: Ondo Perps against Kraken Futures−0.097%7-day average −0.022% · 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−0.027%−$3 on $10k
Price spread, last 3 days (all we have)+0.335%+$34 · spread now −0.097%, 7d avg −0.022%
Together, before fees+0.308%+ Points / potential airdropOndo Perps: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.076% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOLUSD119.100.0223pay 0.0028% / 1h31m 01s$36.0M$89.4M100x
ShortOndo Perps SOL-USD.P118.980.0100get 0.0013% / 1h31m 01s$233K$872K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Kraken Futures. 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
−$25.92
Price spread: −0.097% → −0.022%
−$7.56
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$48.47
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; 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 Kraken Futures live order book, 3 min ago0.42 bp7.7 bp −$810.5 bp −$10516.8 bp −$1,67834.9 bp −$17.4K
Sell Ondo Perps no order-book sample
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%1h118.89−0.173%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h119.00−0.084%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.00−0.079%$844$8K25xas long as short
Vest SOL-PERP−0.0080%1h118.99−0.086%$724K20xas long as short
Aftermath Perps SOLUSD−0.0005%1h119.01−0.074%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.08−0.013%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.05−0.041%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.05−0.040%$179K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.05−0.040%$4.9M$26.9M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0017%1h119.13+0.028%$26.7M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.08−0.011%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0062%8h118.96−0.117%$231.8M$43.6M75xas long as short
01 Exchange SOLUSD+0.0064%1h119.09−0.005%$104K$152K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.06−0.033%$122K$600K20xas long as short
ApeX Omni SOLUSDT+0.0067%1h118.91−0.156%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.04−0.045%$10.5Mas long as short
Gate SOL_USDT+0.0083%8h119.05−0.038%$869.4M$681.6M100xas long as short
Lighter SOL+0.0096%1h119.06−0.030%$13.4M$53.8M25xas long as short
Lighter RH SOL+0.0096%1h119.05−0.037%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.06−0.030%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.96−0.116%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.06−0.030%$46K$781K20xas long as short
Nado SOL-PERP+0.0100%1h119.05−0.039%$6.5M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.16+0.054%$719.2M$414.6M20xas long as short
Aster SOLUSDT+0.0100%8h119.06−0.030%$179.7M$174.7M100xas long as short
Pacifica SOL+0.0100%1h119.04−0.044%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.06−0.030%$973.3M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.09−0.006%$825.8M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.03−0.055%$370.9M$1.70B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h118.98−0.097%$233K$872K10x
Arcus SOL-USD+0.0100%1h119.07−0.023%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.06−0.030%$474.7M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.06−0.033%$142.8M$196.2M75xas long as short
Bitget SOLUSDT+0.0100%8h119.06−0.028%$497.0M$448.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.08−0.013%$24.4M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h119.00−0.080%$27.4M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.99−0.092%$95.6M$398.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.12+0.021%$48.8M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.04−0.047%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.06−0.030%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.05−0.038%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.06−0.033%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.05−0.039%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.06−0.030%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.03−0.055%$46.5M$99.9M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.096%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.04−0.048%$8.7M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.11+0.015%$8.1M$414.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.08−0.017%$217.0M500xas long as short
Phoenix SOL+0.0154%1h119.06−0.030%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.05−0.037%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.04−0.043%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.05−0.038%$51.7M$86.9M125xas long as short
Kraken Futures PF_SOLUSDlong+0.0223%1h119.10long leg$36.0M$89.4M100x
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.08−0.017%$3.6M200xas long as short