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+0.0115%/8h= +12.6% APRpaid last 24h +0.047%
Price spread now: RISEx against Orderly+0.085%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 3 days (all we have)+0.099%+$10 on $10k
Price spread, last 3 days (all we have)+0.127%+$13 · spread now +0.085%, 7d avg +0.008%
Together, before fees+0.226%+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.077% dearer against Orderly than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SOL_USDC119.000.0060pay 0.0060% / 8h2h 30m$1.1M$5.9M100x
ShortRISEx SOL/USDC119.100.0175get 0.0022% / 1h30m 11s$1.6M$6.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$24.2
Price spread: +0.085% → +0.008%
$7.74
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee RISEx: 3 bp × 2 orders
−$6
Net
$19.94
Costs to cover
0.120%
Break-even
1.2 days
Slippage unknown: Orderly: no order-book sample; RISEx: live order book, 4 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 RISEx live order book, 4 min ago0.04 bp5.5 bp −$68.6 bp −$86doesn'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
Injective SOL/USDC PERP−0.0151%1h118.89−0.091%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.91−0.072%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0080%1h119.01+0.010%$724K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.00+0.003%$844$8K25xas long as short
Aftermath Perps SOLUSD−0.0002%1h119.03+0.023%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.02+0.017%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.08+0.067%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.08+0.066%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.04+0.032%$26.7M$27.6M50xas long as short
dYdX SOL-USD0.0000%1h119.05+0.042%$4.9M$26.9M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDClong+0.0060%8h119.00long leg$1.1M$5.9M100x
HTX SOL-USDT+0.0062%8h118.98−0.016%$231.8M$43.6M75xas long as short
01 Exchange SOLUSD+0.0064%1h119.10+0.086%$104K$152K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.09+0.077%$122K$600K20xas long as short
ApeX Omni SOLUSDT+0.0067%1h118.91−0.074%$1.5M$6.2M50xas long as short
BingX SOL-USDT+0.0080%8h119.02+0.014%$371.1Mas long as short
Gate SOL_USDT+0.0083%8h119.00+0.002%$869.0M$681.8M100xas long as short
Lighter SOL+0.0096%1h118.99−0.009%$13.4M$53.8M25xas long as short
Lighter RH SOL+0.0096%1h118.98−0.012%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.96−0.028%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.02+0.017%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.06+0.052%$46K$781K20xas long as short
Nado SOL-PERP+0.0100%1h119.05+0.046%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.09+0.077%$718.9M$414.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.01+0.010%$179.4M$174.7M100xas long as short
Pacifica SOL+0.0100%1h119.09+0.078%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.03+0.027%$973.0M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.05+0.046%$825.2M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.00+0.002%$370.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.08+0.069%$233K$872K10xas long as short
Arcus SOL-USD+0.0100%1h119.11+0.097%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.99−0.007%$474.3M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.01+0.008%$142.6M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.01+0.012%$496.8M$448.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.02+0.018%$24.4M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.07+0.060%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.99−0.010%$95.6M$398.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.12+0.103%$48.8M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.08+0.069%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.06+0.052%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00−0.001%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.00−0.002%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.03+0.029%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.97−0.024%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.98−0.015%$46.4M$100.0M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.014%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h118.95−0.041%$8.7M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.01+0.013%$8.1M$414.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.08+0.069%$217.0M500xas long as short
Phoenix SOL+0.0154%1h119.06+0.052%$6.7M$12.5M25xas long as short
RISEx SOL/USDCshort+0.0175%1h119.10+0.085%$1.6M$6.1M20x
Reya SOLRUSDPERP+0.0180%1h119.05+0.040%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.05+0.044%$51.7M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.99−0.010%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.02+0.017%$3.6M200xas long as short