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−0.0255%/8h= −27.9% APRnext payment $0.32 per $10,000 · paid last 24h −0.090%
Price spread now: Hotstuff against RISEx+0.039%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 airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.039% dearer against RISEx than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC118.850.0175pay 0.0022% / 1h51m 30s$1.6M$6.1M20x
ShortHotstuff SOL-PERP118.89−0.0080pay 0.0010% / 1h51m 30s$843$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$53.59
Price spread: +0.039% → 0.000%
$3.88
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$60.7
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 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 RISEx live order book, 3 min ago0.04 bp5.0 bp −$58.6 bp −$86doesn'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
Injective SOL/USDC PERP−0.0151%1h118.68−0.141%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.82−0.021%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0082%1h118.77−0.065%$726K20xas long as short
Hotstuff SOL-PERPshort−0.0080%1h118.89+0.039%$843$8K25x
Aftermath Perps SOLUSD−0.0072%1h118.98+0.107%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.86+0.012%$49K150xas long as short
dYdX SOL-USD0.0000%1h118.79−0.049%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.83−0.014%$180K$4.1M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h118.94+0.078%$26.7M$27.8M50xas long as short
ApeX Omni SOLUSDT+0.0042%1h118.93+0.066%$1.5M$6.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0056%8h118.90+0.047%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.86+0.010%$104K$153K20xas long as short
HTX SOL-USDT+0.0074%8h118.89+0.037%$231.7M$43.8M75xas long as short
Gate SOL_USDT+0.0081%8h118.74−0.091%$857.3M$674.6M100xas long as short
KuCoin SOLUSDTM+0.0088%8h118.83−0.018%$144.5M$197.5M75xas long as short
Lighter SOL+0.0096%1h118.77−0.069%$13.4M$52.9M25xas long as short
Lighter RH SOL+0.0096%1h118.75−0.083%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.95+0.089%$353K$746K20xas long as short
Bitget SOLUSDT+0.0098%8h118.82−0.026%$496.0M$451.5M100xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.75−0.086%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.85+0.002%$47K$781K20xas long as short
Nado SOL-PERP+0.0100%1h118.80−0.042%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.91+0.052%$717.2M$424.2M20xas long as short
Aster SOLUSDT+0.0100%8h118.81−0.032%$179.2M$174.3M100xas long as short
Pacifica SOL+0.0100%1h118.78−0.057%$12.3M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.82−0.023%$974.0M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h118.85+0.004%$822.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.81−0.032%$368.2M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.86+0.010%$233K$868K10xas long as short
Arcus SOL-USD+0.0100%1h118.84−0.006%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.028%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.80−0.040%$466.5M$1.07B300xas long as short
BingX SOL-USDC+0.0100%8h118.79−0.046%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.87+0.019%$24.3M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h119.07+0.191%$27.7M$126.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.91+0.052%$95.5M$396.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.13+0.238%$48.7M$33.2M20xas long as short
StandX SOL-USD+0.0100%1h118.92+0.061%$1.4M$13.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.82−0.023%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.80−0.037%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.90+0.042%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.86+0.007%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.86+0.010%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.86+0.010%$46.4M$99.8M50xas long as short
Kalshi KXSOLPERP+0.0100%8h118.96+0.094%$1.2M$20.8M3.1xas long as short
Extended SOL-USD+0.0104%1h118.77−0.064%$8.6M$37.4M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.92+0.062%$8.1M$414.8M50xas long as short
Hibachi SOL/USDT-P+0.0120%1h119.00+0.129%$123K$623K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.95+0.083%$218.0M500xas long as short
Phoenix SOL+0.0154%1h119.00+0.128%$6.7M$12.5M25xas long as short
RISEx SOL/USDClong+0.0175%1h118.85long leg$1.6M$6.1M20x
Reya SOLRUSDPERP+0.0180%1h118.80−0.040%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.95+0.086%$51.8M$90.8M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.89+0.032%$36.1M$90.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h118.84−0.003%$3.5M200xas long as short