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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0061%/8h= −6.7% APRnext payment $0.08 per $10,000 · paid last 24h −0.042%
Price spread now: Ondo Perps against RISEx−0.075%7-day average −0.002% · 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)−0.091%−$9 on $10k
Price spread, last 7 days−0.245%−$25 · spread now −0.075%, 7d avg −0.002%
Together, before fees−0.336%+ Points / potential airdropOndo Perps: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.072% cheaper against RISEx than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC119.180.0161pay 0.0020% / 1h11m 05s$1.8M$4.5M20x
ShortOndo Perps SOL-USD.P119.090.0100get 0.0013% / 1h11m 05s$234K$833K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$12.82
Price spread: −0.075% → −0.002%
−$7.24
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$31.06
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; Ondo Perps: 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 ago0.67 bp3.7 bp −$47.3 bp −$73doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.0082%1h119.08−0.081%$2.0M$2.7M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.19+0.007%$932$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.17−0.007%$608K20xas long as short
Hibachi SOL/USDT-P−0.0040%1h119.30+0.099%$109K$670K20xas long as short
HTX SOL-USDT−0.0026%8h119.14−0.033%$231.8M$44.2M75xas long as short
dYdX SOL-USD−0.0019%1h119.23+0.044%$4.9M$25.8M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.16−0.017%$32.4M$97.1M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.19+0.005%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.20+0.021%$1.2M$20.0M3.1xas long as short
Perpl SOL0.0000%43m119.25+0.058%$125K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.23+0.043%$104K$160K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0055%1h119.21+0.025%$26.7M$24.8M50xas long as short
BingX SOL-USDT+0.0080%8h119.18−0.001%$367.1Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h119.19+0.005%$1.0M$5.9M100xas long as short
Bluefin SOL-PERP+0.0085%1h119.18−0.002%$37K$17K25xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.20+0.015%$8.1M$409.9M50xas long as short
Gate SOL_USDT+0.0091%8h119.15−0.024%$856.3M$672.3M100xas long as short
Lighter SOL+0.0096%1h119.16−0.015%$14.0M$56.7M25xas long as short
Lighter RH SOL+0.0096%1h119.15−0.027%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.15−0.025%$349K$253K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.25+0.062%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.19+0.009%$46K$799K20xas long as short
Nado SOL-PERP+0.0100%1h119.17−0.007%$6.1M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.27+0.078%$729.3M$398.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.17−0.007%$180.1M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.26+0.068%$12.3M$125.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.22+0.035%$981.7M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h119.27+0.077%$828.6M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.27+0.077%$372.8M$1.68B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h119.09−0.075%$234K$833K10x
Arcus SOL-USD+0.0100%1h119.20+0.016%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.76−0.353%$137.0M$12.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.15−0.024%$433.5M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.17−0.006%$139.1M$203.2M75xas long as short
Bitget SOLUSDT+0.0100%8h119.29+0.093%$495.0M$438.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.16−0.016%$24.0M$36.7M50xas long as short
Variational Omni SOL+0.0100%8h119.19+0.005%$24.9M$130.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.20+0.018%$95.7M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.13−0.038%$48.8M$29.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.26+0.068%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h119.18+0.001%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.22+0.035%$361K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.17−0.005%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.20+0.020%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.16−0.016%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.18+0.001%$46.7M$99.5M50xas long as short
Extended SOL-USD+0.0104%1h119.27+0.080%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.28+0.085%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25+0.059%$226.5M500xas long as short
RISEx SOL/USDClong+0.0161%1h119.18long leg$1.8M$4.5M20x
Injective SOL/USDC PERP+0.0173%1h119.01−0.142%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h119.20+0.016%$1.1M$524K25xas long as short
Aftermath Perps SOLUSD+0.0219%1h119.22+0.033%$25K$51K20xas long as short
BloFin SOL-USDT+0.0220%8h119.15−0.024%$51.9M$74.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h119.180.000%$3.7M200xas long as short