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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.008%
Price spread now: Paradex against Orderly+0.054%7-day average −0.002% · 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)+0.010%+$1 on $10k
Price spread, last 3 days (all we have)+0.105%+$10 · spread now +0.054%, 7d avg −0.002%
Together, before fees+0.114%+ Points / potential airdropParadex: Active · farm board+$11 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 Paradex is 0.056% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SOL_USDC119.460.0066pay 0.0066% / 8h1h 43m$1.1M$5.9M100x
ShortParadex SOL-USD-PERP119.530.0099get 0.0099% / 8h1h 43m$1.0M$523K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$7.02
Price spread: +0.054% → −0.002%
$5.57
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
$2.6
Costs to cover
0.100%
Break-even
4.4 days
Slippage unknown: Orderly: no order-book sample; Paradex: live order book, 1 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 Paradex live order book, 1 min ago1.80 bp3.8 bp −$49.6 bp −$96doesn't fitdoesn'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
Bluefin SOL-PERP−0.0576%1h119.45−0.005%$37K$17K25xas long as short
Derive SOL-PERP−0.0086%1h119.37−0.076%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.56+0.082%$848$8K25xas long as short
Vest SOL-PERP−0.0065%1h119.38−0.067%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.51+0.038%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.45−0.010%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.50+0.029%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.47+0.010%$179K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.50+0.034%$120K$610K20xas long as short
Phoenix SOL+0.0054%1h119.20−0.218%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0061%1h119.35−0.090%$24K$47K20xas long as short
Orderly PERP_SOL_USDClong+0.0066%8h119.46long leg$1.1M$5.9M100x
HTX SOL-USDT+0.0072%8h119.41−0.046%$232.6M$44.5M75xas long as short
BingX SOL-USDT+0.0080%8h119.57+0.089%$373.8Mas long as short
01 Exchange SOLUSD+0.0088%1h119.59+0.108%$104K$154K20xas long as short
Lighter SOL+0.0096%1h119.53+0.054%$13.6M$55.3M25xas long as short
Lighter RH SOL+0.0096%1h119.51+0.044%$2.1M$16.7M25xas long as short
Gate SOL_USDT+0.0096%8h119.50+0.033%$870.9M$678.4M100xas long as short
Aevo SOL-PERP+0.0096%1h119.44−0.015%$354K$748K20xas long as short
Paradex SOL-USD-PERPshort+0.0099%8h119.53+0.054%$1.0M$523K50x
Katana Perps SOL-USD+0.0100%8h119.51+0.041%$46K$789K20xas long as short
Nado SOL-PERP+0.0100%1h119.50+0.033%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.63+0.141%$721.8M$414.6M20xas long as short
Aster SOLUSDT+0.0100%8h119.55+0.075%$179.0M$175.8M100xas long as short
Pacifica SOL+0.0100%1h119.56+0.083%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.56+0.079%$985.3M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.58+0.101%$826.5M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.52+0.049%$373.0M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.50+0.033%$234K$887K10xas long as short
Arcus SOL-USD+0.0100%1h119.60+0.116%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.15−0.259%$133.6M$9.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.56+0.083%$435.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.52+0.053%$141.0M$199.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.52+0.048%$496.6M$454.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.52+0.049%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.38−0.065%$27.7M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.46−0.003%$95.9M$398.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44−0.019%$48.9M$32.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.49+0.025%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.48+0.016%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.42−0.034%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.43−0.022%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.41−0.044%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.46−0.001%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.43−0.026%$46.7M$102.0M50xas long as short
Extended SOL-USD+0.0104%1h119.52+0.051%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.51+0.040%$8.2M$415.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.49+0.028%$221.8M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0146%1h119.53+0.057%$26.8M$27.5M50xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.49+0.023%$32.7M$94.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.45−0.008%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.41−0.046%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.59+0.109%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.277%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.44−0.018%$52.1M$84.7M125xas long as short