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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h −0.051%
Price spread now: Hotstuff against Paradex+0.072%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.072% dearer against Paradex than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex SOL-USD-PERP119.350.0099pay 0.0099% / 8h1h 55m$1.0M$523K50x
ShortHotstuff SOL-PERP119.44−0.0080pay 0.0010% / 1h55m 26s$847$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Paradex. 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
−$37.67
Price spread: +0.072% → 0.000%
$7.2
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$39.47
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: live order book, 4 min ago; Hotstuff: no order-book sample. 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 Paradex live order book, 4 min ago1.93 bp3.9 bp −$49.5 bp −$95doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
Derive SOL-PERP−0.0100%1h119.25−0.090%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERPshort−0.0080%1h119.44+0.072%$847$8K25x
Vest SOL-PERP−0.0063%1h119.41+0.046%$724K20xas long as short
dYdX SOL-USD−0.0008%1h119.40+0.040%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.34−0.010%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.24−0.096%$1.2M$20.7M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.35−0.004%$120K$625K20xas long as short
Perpl SOL0.0000%43m119.53+0.153%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.38+0.025%$26.8M$27.6M50xas long as short
Aftermath Perps SOLUSD+0.0057%1h119.28−0.063%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0063%8h119.34−0.008%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0066%8h119.24−0.090%$232.3M$44.7M75xas long as short
BingX SOL-USDT+0.0080%8h119.40+0.038%$375.1Mas long as short
01 Exchange SOLUSD+0.0088%1h119.56+0.174%$104K$153K20xas long as short
Gate SOL_USDT+0.0094%8h119.39+0.032%$870.0M$675.0M100xas long as short
Lighter SOL+0.0096%1h119.39+0.031%$13.7M$54.7M25xas long as short
Lighter RH SOL+0.0096%1h119.36+0.007%$2.1M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h119.31−0.036%$353K$748K20xas long as short
Paradex SOL-USD-PERPlong+0.0099%8h119.35long leg$1.0M$523K50x
Katana Perps SOL-USD+0.0100%8h119.43+0.065%$46K$791K20xas long as short
Nado SOL-PERP+0.0100%1h119.48+0.107%$6.3M$42.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.62+0.224%$721.5M$415.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.42+0.056%$179.1M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.42+0.058%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.51+0.132%$979.7M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.55+0.166%$825.6M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.51+0.132%$372.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.38+0.023%$233K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.47+0.096%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.250%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.49+0.116%$436.8M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.36+0.008%$141.0M$199.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.52+0.137%$498.1M$453.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.35−0.002%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.18−0.144%$27.4M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.12−0.193%$95.7M$396.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.21−0.121%$48.8M$32.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.13−0.186%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.17−0.153%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.51+0.132%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.47+0.102%$203K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.33−0.021%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.32−0.030%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.33−0.019%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.32−0.027%$46.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.39+0.030%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.38+0.021%$8.2M$416.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.22−0.112%$222.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.33−0.016%$32.8M$94.7M100xas long as short
Phoenix SOL+0.0154%1h119.37+0.015%$6.6M$13.6M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.34−0.013%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0180%1h119.51+0.135%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.48+0.107%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41+0.049%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.11−0.203%$52.0M$86.9M125xas long as short