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+0.0007%/8h= +0.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.008%
Price spread now: GRVT against Orderly+0.050%7-day average −0.008% · 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+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.050%, 7d avg −0.008%
Together, before fees+0.053%+ Points / potential airdropGRVT: Active · farm board+$5 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: GRVT is 0.057% dearer against Orderly than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SOL_USDC116.810.0093pay 0.0093% / 8h3h 32m$1.0M$5.9M100x
ShortGRVT SOL_USDT_Perp116.870.0100get 0.0100% / 8h3h 32m$47.8M$30.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$1.42
Price spread: +0.050% → −0.008%
$5.73
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$7.85
Costs to cover
0.150%
Break-even
45.6 days
Slippage unknown: Orderly: no order-book sample; GRVT: 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 GRVT live order book, 2 min ago0.43 bp5.6 bp −$66.1 bp −$6110.7 bp −$1,071doesn't fit
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
Kraken Futures PF_SOLUSD−0.0193%1h116.79−0.016%$31.0M$101.0M100xas long as short
Hibachi SOL/USDT-P−0.0160%1h116.76−0.048%$103K$699K20xas long as short
Vest SOL-PERP−0.0088%1h116.72−0.076%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.77−0.034%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.79−0.021%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.80−0.009%$1.5M$19.0M3.1xas long as short
dYdX SOL-USD+0.0009%1h116.82+0.007%$4.4M$24.2M20xas long as short
Bybit SOLUSDT+0.0029%8h116.66−0.134%$762.3M$1.38B100xas long as short
Derive SOL-PERP+0.0032%1h116.74−0.058%$1.9M$2.9M13xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.81−0.001%$7.6M$405.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0072%1h116.78−0.027%$99K$174K20xas long as short
Orderly PERP_SOL_USDClong+0.0093%8h116.81long leg$1.0M$5.9M100x
Lighter SOL+0.0096%1h116.81−0.006%$13.1M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h116.80−0.015%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.81−0.003%$348K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.71−0.087%$61K$895K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.80−0.011%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.74−0.059%$5.5M$40.2M40xas long as short
Hyperliquid SOL+0.0100%1h116.89+0.067%$705.6M$394.5M20xas long as short
Aster SOLUSDT+0.0100%8h116.74−0.065%$174.9M$183.2M100xas long as short
Pacifica SOL+0.0100%1h116.83+0.019%$15.8M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.77−0.040%$974.8M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.75−0.053%$367.0M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.79−0.019%$229K$845K10xas long as short
Arcus SOL-USD+0.0100%1h116.79−0.019%$922K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.75−0.053%$133.5M$19.9M20xas long as short
Gate SOL_USDT+0.0100%8h116.78−0.027%$853.1M$662.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.78−0.027%$366.7M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.79−0.015%$129.3M$223.1M75xas long as short
Bitget SOLUSDT+0.0100%8h116.74−0.062%$481.7M$444.8M100xas long as short
BingX SOL-USDC+0.0100%8h116.74−0.059%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.79−0.019%$23.1M$39.2M50xas long as short
Variational Omni SOL+0.0100%8h116.73−0.066%$24.5M$113.5Mas long as short
edgeX SOLUSDC+0.0100%4h116.84+0.026%$93.8M$400.2M75xas long as short
GRVT SOL_USDT_Perpshort+0.0100%8h116.87+0.050%$47.8M$30.8M20x
ApeX Omni SOLUSDT+0.0100%1h116.97+0.138%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.80−0.010%$1.3M$12.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.75−0.053%$321K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.77−0.035%$147K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.77−0.035%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.76−0.043%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.79−0.019%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.73−0.068%$226.3M$48.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.80−0.010%$45.7M$103.2M50xas long as short
Extended SOL-USD+0.0104%1h116.71−0.086%$8.3M$37.5M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.99+0.152%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.75−0.054%$231.5M500xas long as short
Phoenix SOL+0.0151%1h117.04+0.195%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0191%1h116.73−0.069%$1.1M$542K25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0192%1h116.85+0.035%$26.3M$23.3M50xas long as short
BloFin SOL-USDT+0.0220%8h116.78−0.027%$52.0M$67.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.78−0.023%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.82+0.007%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0522%1h116.86+0.039%$25K$51K20xas long as short
RISEx SOL/USDC+0.0561%1h116.84+0.026%$1.9M$4.8M20xas long as short