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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Orderly+0.039%7-day average −0.004% · 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+0.010%+$1 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.039%, 7d avg −0.004%
Together, before fees+0.025%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.043% dearer against Orderly than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SOL_USDC118.920.0082pay 0.0082% / 8h7h 20m$1.0M$5.9M100x
ShortBinance SOLUSDT118.970.0100get 0.0100% / 8h7h 20m$979.9M$3.74B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
$3.68
Price spread: +0.039% → −0.004%
$4.26
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$8.06
Costs to cover
0.160%
Break-even
22.3 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 8 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 Orderly no order-book sample
Sell Binance live order book, 8 min ago0.42 bp5.4 bp −$55.7 bp −$578.8 bp −$88318.1 bp −$9,035
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
Hotstuff SOL-PERP−0.0080%1h118.96+0.032%$930$8K25xas long as short
Vest SOL-PERP−0.0077%1h118.86−0.056%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.83−0.082%$2.0M$2.7M13xas long as short
dYdX SOL-USD−0.0022%1h118.96+0.027%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.97+0.038%$32.4M$97.3M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.93+0.005%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.95+0.021%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m118.90−0.019%$154K$3.8M8.3xas long as short
Hibachi SOL/USDT-P+0.0016%1h118.97+0.038%$100K$657K20xas long as short
HTX SOL-USDT+0.0017%8h118.88−0.039%$231.2M$44.0M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP+0.0026%1h118.92−0.007%$37K$17K25xas long as short
01 Exchange SOLUSD+0.0032%1h118.87−0.045%$104K$159K20xas long as short
BingX SOL-USDT+0.0080%8h119.00+0.062%$366.4Mas long as short
Orderly PERP_SOL_USDClong+0.0082%8h118.92long leg$1.0M$5.9M100x
Coinbase International SOL-PERP-INTX+0.0088%1h118.97+0.042%$8.1M$409.8M50xas long as short
Lighter SOL+0.0096%1h118.94+0.009%$14.2M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h118.90−0.019%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h118.91−0.008%$348K$249K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.91−0.011%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.88−0.037%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h118.88−0.034%$5.9M$40.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.02+0.081%$724.5M$396.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.96+0.030%$179.6M$177.1M100xas long as short
Pacifica SOL+0.0100%1h118.93+0.001%$12.2M$124.7M20xas long as short
Binance SOLUSDTshort+0.0100%8h118.97+0.039%$979.9M$3.74B100x
Bybit SOLUSDT+0.0100%8h119.01+0.072%$824.3M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.93+0.005%$370.8M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.86−0.054%$233K$830K10xas long as short
Arcus SOL-USD+0.0100%1h118.89−0.025%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.07+0.123%$136.4M$9.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.98+0.047%$855.1M$668.6M100xas long as short
MEXC SOL_USDT+0.0100%8h118.98+0.047%$429.2M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.01+0.070%$138.7M$203.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.91−0.010%$493.6M$439.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.93+0.005%$24.1M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h118.93+0.001%$25.0M$130.3Mas long as short
edgeX SOLUSDC+0.0100%4h119.00+0.068%$95.6M$403.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.15+0.189%$48.8M$29.2M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.04+0.098%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.97+0.039%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.88−0.037%$354K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.89−0.024%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.91−0.011%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.94+0.013%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.91−0.012%$46.6M$99.8M50xas long as short
Extended SOL-USD+0.0104%1h118.96+0.028%$8.6M$34.9M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0106%1h119.00+0.064%$26.7M$24.8M50xas long as short
Phoenix SOL+0.0114%1h119.17+0.207%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.95+0.024%$219.4M500xas long as short
RISEx SOL/USDC+0.0161%1h118.89−0.032%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.93+0.001%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01+0.072%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0185%1h119.03+0.089%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h118.86−0.054%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.91−0.012%$51.8M$76.1M125xas long as short