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−0.0058%/8h= −6.3% APRpaid last 24h −0.025%
Price spread now: dYdX against Orderly+0.104%7-day average +0.005% · 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−0.092%−$9 on $10k
Price spread, last 3 days (all we have)+0.104%+$10 · spread now +0.104%, 7d avg +0.005%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.099% dearer against Orderly than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.005%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SOL_USDC118.860.0058pay 0.0058% / 8h2h 47m$1.1M$5.9M100x
ShortdYdX SOL-USD118.980get 0.0000% / 1h47m 11s$4.9M$26.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$12.1
Price spread: +0.104% → +0.005%
$9.94
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$18.16
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: 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 Orderly no order-book sample
Sell dYdX live order book, 2 min ago0.84 bp8.0 bp −$815.6 bp −$15628.0 bp −$2,80356.7 bp −$28.3K
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
Injective SOL/USDC PERP−0.0151%1h118.89+0.029%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.76−0.081%$2.0M$3.2M13xas long as short
ApeX Omni SOLUSDT−0.0100%1h118.77−0.070%$1.5M$6.2M50xas long as short
Vest SOL-PERP−0.0081%1h118.83−0.026%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.92+0.055%$843$8K25xas long as short
Aftermath Perps SOLUSD−0.0056%1h118.93+0.058%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.86−0.001%$48K150xas long as short
dYdX SOL-USDshort0.0000%1h118.98+0.104%$4.9M$26.8M20x
Kalshi KXSOLPERP0.0000%8h118.96+0.089%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.93+0.066%$180K$4.1M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL0.0000%1h118.88+0.019%$26.7M$27.7M50xas long as short
Orderly PERP_SOL_USDClong+0.0058%8h118.86long leg$1.1M$5.9M100x
01 Exchange SOLUSD+0.0072%1h118.90+0.037%$105K$152K20xas long as short
HTX SOL-USDT+0.0074%8h118.78−0.067%$231.5M$43.6M75xas long as short
Gate SOL_USDT+0.0084%8h118.81−0.039%$857.7M$676.2M100xas long as short
KuCoin SOLUSDTM+0.0092%8h118.85−0.003%$144.0M$197.3M75xas long as short
Lighter SOL+0.0096%1h118.81−0.040%$13.4M$53.1M25xas long as short
Lighter RH SOL+0.0096%1h118.80−0.051%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.84−0.016%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.89+0.026%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.95+0.079%$46K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.90+0.038%$5.5M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h118.91+0.045%$717.1M$424.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.84−0.016%$179.2M$173.7M100xas long as short
Pacifica SOL+0.0100%1h118.96+0.087%$12.4M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.80−0.046%$971.2M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.84−0.013%$822.1M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.80−0.047%$370.2M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.92+0.054%$233K$865K10xas long as short
Arcus SOL-USD+0.0100%1h118.95+0.082%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.022%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.81−0.039%$467.3M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.82−0.032%$496.0M$448.9M100xas long as short
BingX SOL-USDT+0.0100%8h118.82−0.028%$372.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.84−0.013%$24.3M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h118.860.000%$28.3M$126.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.79−0.053%$95.4M$396.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.77−0.074%$48.6M$33.1M20xas long as short
StandX SOL-USD+0.0100%1h118.96+0.088%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.86+0.003%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.82−0.029%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.85−0.008%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.90+0.033%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.80−0.047%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.78−0.064%$46.3M$99.9M50xas long as short
Extended SOL-USD+0.0104%1h118.81−0.042%$8.6M$37.2M50xas long as short
Hibachi SOL/USDT-P+0.0112%1h118.81−0.042%$123K$606K20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0048%1h118.92+0.054%$218.6M500xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.86+0.005%$8.1M$413.7M50xas long as short
Phoenix SOL+0.0154%1h118.99+0.113%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.84−0.012%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h118.95+0.082%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.86+0.003%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.81−0.039%$51.7M$87.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.81−0.040%$36.1M$90.1M100xas long as short