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−0.0302%/8h= −33.1% APRnext payment $0.38 per $10,000 · paid last 24h −0.037%
Price spread now: Vest against Kraken Futures−0.072%7-day average −0.015% · 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)−0.087%−$9 on $10k
Price spread, last 3 days (all we have)+0.260%+$26 · spread now −0.072%, 7d avg −0.015%
Together, before fees+0.173%+ Points / potential airdropVest: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Vest is 0.057% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.087% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.38 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
LongKraken Futures PF_SOLUSD119.190.0223pay 0.0028% / 1h27m 41s$36.0M$89.4M100x
ShortVest SOL-PERP119.10−0.0079pay 0.0010% / 1h27m 41s$724K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$63.46
Price spread: −0.072% → −0.015%
−$5.74
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$81.2
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 1 min ago; Vest: 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, 1 min ago1.26 bp7.0 bp −$711.0 bp −$11016.0 bp −$1,59929.4 bp −$14.7K
Sell Vest no order-book sample
Vest: 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%1h119.15−0.033%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h119.10−0.076%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.16−0.028%$845$8K25xas long as short
Vest SOL-PERPshort−0.0079%1h119.10−0.072%$724K20x
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.19−0.001%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.20+0.011%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.20+0.009%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.32+0.106%$4.9M$26.9M20xas long as short
Aftermath Perps SOLUSD+0.0006%1h119.06−0.105%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0052%1h119.24+0.041%$26.7M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.19+0.002%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0061%8h119.03−0.130%$231.9M$43.6M75xas long as short
01 Exchange SOLUSD+0.0064%1h119.22+0.026%$104K$152K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.12−0.058%$123K$600K20xas long as short
ApeX Omni SOLUSDT+0.0074%1h119.04−0.125%$1.5M$6.2M50xas long as short
BingX SOL-USDT+0.0080%8h119.27+0.068%$370.6Mas long as short
Gate SOL_USDT+0.0084%8h119.25+0.051%$870.9M$682.2M100xas long as short
Lighter SOL+0.0096%1h119.28+0.074%$13.6M$54.2M25xas long as short
Lighter RH SOL+0.0096%1h119.27+0.071%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16−0.024%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.27+0.065%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.18−0.007%$45K$783K20xas long as short
Nado SOL-PERP+0.0100%1h119.16−0.027%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.37+0.152%$720.3M$415.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.27+0.070%$179.8M$174.8M100xas long as short
Pacifica SOL+0.0100%1h119.31+0.100%$12.4M$114.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.29+0.085%$975.2M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.32+0.107%$827.8M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.27+0.068%$371.2M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18−0.007%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.24+0.044%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.29+0.085%$475.2M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29+0.086%$142.9M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.27+0.072%$498.1M$448.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.23+0.035%$24.4M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.07−0.100%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.01−0.147%$95.6M$398.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.06−0.104%$48.7M$33.3M20xas long as short
StandX SOL-USD+0.0100%1h119.09−0.083%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.18−0.007%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.16−0.022%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.18−0.005%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.16−0.026%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.17−0.016%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.16−0.024%$46.6M$100.2M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.174%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.25+0.051%$8.7M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.22+0.024%$8.1M$415.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.19+0.001%$217.0M500xas long as short
Phoenix SOL+0.0154%1h119.04−0.125%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.23+0.034%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0179%1h119.15−0.033%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.11−0.066%$51.7M$87.0M125xas long as short
Kraken Futures PF_SOLUSDlong+0.0223%1h119.19long leg$36.0M$89.4M100x
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.18−0.004%$3.6M200xas long as short