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−0.0279%/8h= −30.6% APRnext payment $0.35 per $10,000 · paid last 24h −0.072%
Price spread now: Derive against RISEx−0.049%7-day average −0.048% · you buy dearer than you sell
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)−0.140%−$14 on $10k
Price spread, last 3 days (all we have)−0.171%−$17 · spread now −0.049%, 7d avg −0.048%
Together, before fees−0.311%−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC118.800.0175pay 0.0022% / 1h45m 37s$1.6M$6.1M20x
ShortDerive SOL-PERP118.75−0.0104pay 0.0013% / 1h45m 37s$2.0M$3.2M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against RISEx. 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
−$58.69
Price spread: −0.049% → −0.048%
−$0.1
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Derive: 3 bp × 2 orders
−$6
Net
−$70.79
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; Derive: 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 RISEx live order book, 3 min ago0.04 bp3.9 bp −$48.6 bp −$86doesn't fitdoesn't fit
Sell Derive no order-book sample
Derive: 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+0.072%$4K$2K12xas long as short
Derive SOL-PERPshort−0.0104%1h118.75−0.049%$2.0M$3.2M13x
ApeX Omni SOLUSDT−0.0100%1h118.77−0.027%$1.5M$6.2M50xas long as short
Vest SOL-PERP−0.0081%1h118.81+0.004%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.87+0.058%$843$8K25xas long as short
Aftermath Perps SOLUSD−0.0052%1h118.91+0.092%$24K$48K20xas long as short
dYdX SOL-USD−0.0006%1h118.80−0.004%$4.9M$26.8M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.86+0.048%$48K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.88+0.063%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.87+0.056%$180K$4.1M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL0.0000%1h118.86+0.050%$26.7M$27.7M50xas long as short
Orderly PERP_SOL_USDC+0.0058%8h118.84+0.031%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.91+0.089%$105K$153K20xas long as short
HTX SOL-USDT+0.0074%8h118.80−0.008%$231.5M$43.6M75xas long as short
Gate SOL_USDT+0.0083%8h118.79−0.012%$857.8M$676.5M100xas long as short
KuCoin SOLUSDTM+0.0093%8h118.78−0.021%$143.8M$196.9M75xas long as short
Lighter SOL+0.0096%1h118.77−0.027%$13.4M$53.1M25xas long as short
Lighter RH SOL+0.0096%1h118.77−0.033%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.81+0.003%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.74−0.057%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.78−0.021%$46K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.83+0.022%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.86+0.047%$716.7M$424.5M20xas long as short
Aster SOLUSDT+0.0100%8h118.78−0.019%$179.1M$173.5M100xas long as short
Pacifica SOL+0.0100%1h118.78−0.021%$12.3M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.75−0.046%$970.7M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.77−0.030%$821.1M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.73−0.063%$370.0M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.92+0.097%$233K$862K10xas long as short
Arcus SOL-USD+0.0100%1h118.82+0.009%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.065%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.75−0.046%$466.3M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.73−0.062%$495.6M$448.7M100xas long as short
BingX SOL-USDC+0.0100%8h118.76−0.039%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.81+0.004%$24.3M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h118.86+0.043%$28.3M$126.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.79−0.010%$95.4M$396.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.77−0.031%$48.6M$33.1M20xas long as short
StandX SOL-USD+0.0100%1h118.96+0.131%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.85+0.038%$361K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.83+0.018%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.84+0.031%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.80−0.001%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.80−0.004%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.82+0.013%$46.4M$100.0M50xas long as short
Extended SOL-USD+0.0104%1h118.74−0.056%$8.6M$37.2M50xas long as short
Hibachi SOL/USDT-P+0.0112%1h118.87+0.052%$123K$606K20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0048%1h118.89+0.069%$218.3M500xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.85+0.038%$8.1M$413.7M50xas long as short
Phoenix SOL+0.0154%1h118.99+0.156%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.86+0.043%$3.6M200xas long as short
RISEx SOL/USDClong+0.0175%1h118.80long leg$1.6M$6.1M20x
Reya SOLRUSDPERP+0.0180%1h118.84+0.031%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.81+0.004%$51.7M$87.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.81+0.007%$36.1M$89.9M100xas long as short