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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Paradex against Ondo Perps+0.114%7-day average +0.031% · 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 4 days (all we have)−0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.114%, 7d avg +0.031%
Together, before fees−0.063%+ Points / potential airdropOndo Perps: Active · Paradex: Active · farm board−$6 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: Paradex is 0.084% dearer against Ondo Perps than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P117.940.0100pay 0.0013% / 1h27m 04s$238K$894K10x
ShortParadex SOL-USD-PERP118.070.0100get 0.0100% / 8h6h 27m$1.0M$519K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.09
Price spread: +0.114% → +0.031%
$8.39
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$0.7
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Paradex: live order book, 2 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 Ondo Perps no order-book sample
Sell Paradex live order book, 2 min ago1.95 bp4.0 bp −$410.3 bp −$103doesn't fitdoesn't fit
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 54 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
Hotstuff SOL-PERP−0.0080%1h118.06+0.103%$923$8K25xas long as short
Vest SOL-PERP−0.0069%1h117.96+0.016%$607K20xas long as short
Derive SOL-PERP−0.0049%1h117.89−0.041%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0040%1h117.98+0.031%$92K$682K20xas long as short
ApeX Omni SOLUSDT−0.0003%1h117.89−0.038%$1.5M$6.0M50xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.99+0.042%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.03+0.076%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.06+0.104%$1.4M$21.1M3.1xas long as short
Perpl SOL0.0000%43m118.06+0.099%$129K$3.9M8.3xas long as short
RISEx SOL/USDC+0.0018%1h118.02+0.066%$2.0M$4.7M20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0038%8h117.94+0.002%$229.2M$45.5M75xas long as short
Gate SOL_USDT+0.0038%8h117.96+0.017%$855.2M$661.1M100xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.94−0.002%$31.6M$98.8M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0070%1h118.02+0.064%$26.5M$25.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.97+0.029%$8.0M$410.2M50xas long as short
BingX SOL-USDT+0.0080%8h117.97+0.021%$369.2Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h118.00+0.049%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.96+0.018%$13.1M$59.8M25xas long as short
Lighter RH SOL+0.0096%1h117.94+0.004%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h118.06+0.102%$103K$160K20xas long as short
Aevo SOL-PERP+0.0096%1h117.97+0.028%$346K$256K20xas long as short
Paradex SOL-USD-PERPshort+0.0100%8h118.07+0.114%$1.0M$519K50x
Katana Perps SOL-USD+0.0100%8h118.00+0.051%$63K$853K20xas long as short
Nado SOL-PERP+0.0100%1h118.05+0.089%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h118.00+0.051%$177.2M$180.1M100xas long as short
Pacifica SOL+0.0100%1h118.07+0.113%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.96+0.017%$972.2M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.00+0.053%$822.6M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.940.000%$366.4M$1.68B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h117.94long leg$238K$894K10x
Arcus SOL-USD+0.0100%1h118.03+0.080%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.328%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.93−0.008%$424.9M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.98+0.038%$131.6M$210.4M75xas long as short
Bitget SOLUSDT+0.0100%8h117.95+0.005%$488.4M$440.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.96+0.017%$23.8M$37.4M50xas long as short
Variational Omni SOL+0.0100%8h117.72−0.189%$24.4M$125.7Mas long as short
edgeX SOLUSDC+0.0100%4h117.87−0.056%$94.7M$403.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.78−0.132%$48.2M$29.0M20xas long as short
StandX SOL-USD+0.0100%1h117.87−0.059%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.02+0.068%$355K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.02+0.065%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.97+0.030%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.01+0.056%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.96+0.017%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.97+0.025%$46.0M$101.6M50xas long as short
Phoenix SOL+0.0101%1h117.98+0.034%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.94−0.001%$8.2M$36.0M50xas long as short
Hyperliquid SOL+0.0108%1h118.07+0.110%$721.5M$402.6M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.05+0.093%$226.9M500xas long as short
Reya SOLRUSDPERP+0.0188%1h118.01+0.061%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87−0.059%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h118.00+0.048%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0321%1h117.86−0.068%$25K$51K20xas long as short