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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:05 UTC+0.0224%/8h= +24.6% APRpaid last 24h +0.044%
Price spread now: RISEx against Perpl+0.040%49s7-day average +0.018% · 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)+0.295%+$30 on $10k
Price spread, last 7 days−0.076%−$8 · spread now +0.040%, 7d avg +0.018%
Together, before fees+0.219%+ Points / potential airdropPerpl: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and RISEx is 0.022% dearer against Perpl than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl SOL116.630.0335pay 0.0030% / 43m21m 32s$128K$3.7M8.3x
ShortRISEx SOL/USDC116.670.0559get 0.0070% / 1h50m 32s$1.9M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Perpl. 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
$47.1
Price spread: +0.040% → +0.018%
$2.18
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$29.48
Costs to cover
0.198%
Break-even
2.6 days
Slippage unknown: Perpl: no order-book sample; RISEx: live order book, 3 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 Perpl no order-book sample
Sell RISEx live order book, 3 min ago0.04 bp3.9 bp −$46.3 bp −$63doesn't fitdoesn't fit
Perpl: 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
Hotstuff SOL-PERP−0.0080%1h116.73+0.087%$913$8K25xas long as short
Vest SOL-PERP−0.0080%1h116.58−0.040%$602K20xas long as short
Hibachi SOL/USDT-P−0.0016%1h116.71+0.071%$103K$700K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.63+0.002%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.56−0.058%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.64+0.007%$1.4M$18.7M3.1xas long as short
Derive SOL-PERP+0.0012%1h116.56−0.060%$1.9M$2.8M13xas long as short
ApeX Omni SOLUSDT+0.0017%1h116.69+0.053%$1.7M$6.0M50xas long as short
01 Exchange SOLUSD+0.0040%1h116.61−0.015%$99K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.66+0.027%$7.6M$404.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.65+0.017%$30.8M$100.1M100xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.61−0.011%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.57−0.049%$13.0M$59.6M25xas long as short
Lighter RH SOL+0.0096%1h116.55−0.065%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.63+0.006%$342K$236K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.64+0.011%$998K$528K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.55−0.067%$48K$858K20xas long as short
Nado SOL-PERP+0.0100%1h116.59−0.030%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.79+0.139%$707.5M$395.1M20xas long as short
Aster SOLUSDT+0.0100%8h116.70+0.060%$175.3M$181.9M100xas long as short
Pacifica SOL+0.0100%1h116.62−0.007%$15.5M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.60−0.024%$963.6M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.54−0.074%$792.7M$1.33B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.61−0.015%$364.0M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.61−0.015%$232K$848K10xas long as short
Arcus SOL-USD+0.0100%1h116.60−0.026%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.025%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.58−0.041%$847.5M$652.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.60−0.024%$415.3M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.70+0.064%$126.4M$216.7M75xas long as short
Bitget SOLUSDT+0.0100%8h116.55−0.063%$481.2M$439.3M100xas long as short
BingX SOL-USDC+0.0100%8h116.52−0.089%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.65+0.019%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.54−0.072%$24.4M$114.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65+0.019%$93.7M$396.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.72+0.075%$47.7M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h116.68+0.045%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.62−0.007%$331K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.63+0.005%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.60−0.022%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.62−0.005%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.64+0.010%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.58−0.039%$226.3M$46.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.65+0.019%$45.6M$101.2M50xas long as short
Extended SOL-USD+0.0104%1h116.53−0.080%$8.0M$36.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0120%1h116.69+0.052%$26.3M$25.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.61−0.019%$221.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.799%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.76+0.113%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.58−0.038%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h116.67+0.036%$51.9M$71.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.65+0.019%$3.5M200xas long as short
Perpl SOLlong+0.0335%43m116.63long leg$128K$3.7M8.3x
Aftermath Perps SOLUSD+0.0476%1h116.73+0.089%$25K$50K20xas long as short
RISEx SOL/USDCshort+0.0559%1h116.67+0.040%$1.9M$4.9M20x