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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h −0.008%
Price spread now: Orderly against Ondo Perps+0.094%7-day average +0.033% · 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 7 days−0.083%−$8 on $10k
Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.094%, 7d avg +0.033%
Together, before fees−0.181%+ Points / potential airdropOndo Perps: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.062% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.033%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.083% in total) that is about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P117.560.0100pay 0.0013% / 1h53m 51s$255K$899K10x
ShortOrderly PERP_SOL_USDC117.670.0083get 0.0083% / 8h6h 53m$1.1M$5.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Ondo 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
−$3.54
Price spread: +0.094% → +0.033%
$6.16
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$8.39
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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 Ondo Perps no order-book sample
Sell Orderly no order-book sample
Ondo Perps and Orderly: 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
ApeX Omni SOLUSDT−0.1080%1h118.05+0.415%$1.5M$6.1M50xas long as short
HTX SOL-USDT−0.0081%8h117.66+0.088%$228.8M$44.8M75xas long as short
Hotstuff SOL-PERP−0.0080%1h117.56+0.002%$919$8K25xas long as short
Hibachi SOL/USDT-P−0.0080%1h117.55−0.011%$94K$697K20xas long as short
Vest SOL-PERP−0.0079%1h117.53−0.026%$610K20xas long as short
Derive SOL-PERP−0.0050%1h117.58+0.020%$2.0M$2.7M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.57+0.009%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.69+0.113%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.67+0.094%$1.6M$21.3M3.1xas long as short
Perpl SOL0.0000%43m117.64+0.072%$131K$4.0M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOL_USDT+0.0005%8h117.77+0.179%$845.7M$648.5M100xas long as short
RISEx SOL/USDC+0.0018%1h117.53−0.029%$1.8M$4.6M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.77+0.177%$31.5M$98.6M100xas long as short
01 Exchange SOLUSD+0.0056%1h117.54−0.017%$102K$162K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0066%1h117.77+0.176%$26.4M$25.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.75+0.158%$7.9M$409.5M50xas long as short
BingX SOL-USDC+0.0080%8h117.68+0.100%$10.6Mas long as short
Orderly PERP_SOL_USDCshort+0.0083%8h117.67+0.094%$1.1M$5.9M100x
Lighter RH SOL+0.0088%1h117.77+0.179%$2.2M$16.6M25xas long as short
Lighter SOL+0.0096%1h117.74+0.154%$13.1M$57.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.68+0.099%$345K$262K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.58+0.015%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.52−0.034%$45K$815K20xas long as short
Nado SOL-PERP+0.0100%1h117.58+0.021%$5.7M$41.4M40xas long as short
Aster SOLUSDT+0.0100%8h117.71+0.128%$177.6M$180.8M100xas long as short
Pacifica SOL+0.0100%1h117.69+0.109%$12.8M$128.1M20xas long as short
Binance SOLUSDT+0.0100%8h117.79+0.196%$975.1M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h117.73+0.145%$819.2M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.73+0.145%$365.5M$1.68B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h117.56long leg$255K$899K10x
Arcus SOL-USD+0.0100%1h117.59+0.029%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.15+0.502%$136.0M$13.0M20xas long as short
MEXC SOL_USDT+0.0100%8h117.79+0.196%$421.9M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.73+0.145%$133.3M$207.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.70+0.122%$488.6M$445.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.74+0.153%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.61+0.040%$24.4M$130.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.09+0.451%$94.9M$399.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.85+0.244%$48.3M$29.6M20xas long as short
StandX SOL-USD+0.0100%1h117.58+0.017%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.560.000%$352K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h117.56+0.002%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.59+0.029%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h117.60+0.037%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.72+0.136%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.74+0.153%$45.9M$100.7M50xas long as short
Extended SOL-USD+0.0104%1h117.76+0.168%$8.3M$35.7M50xas long as short
Hyperliquid SOL+0.0104%1h117.80+0.204%$715.8M$400.7M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.65+0.075%$228.5M500xas long as short
Phoenix SOL+0.0114%1h117.72+0.136%$6.5M$13.5M25xas long as short
Reya SOLRUSDPERP+0.0187%1h117.52−0.035%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h117.63+0.060%$52.2M$73.9M125xas long as short
Injective SOL/USDC PERP+0.0222%1h119.50+1.650%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h117.57+0.007%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0280%1h118.10+0.463%$25K$51K20xas long as short