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−0.0075%/8h= −8.2% APRnext payment $0.09 per $10,000 · paid last 24h −0.036%
Price spread now: Polymarket Perps against RISEx−0.070%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.087%−$9 on $10k
Price spread, last 7 days+0.102%+$10 · spread now −0.070%, 7d avg +0.009%
Together, before fees+0.015%+$2 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 Polymarket Perps is 0.079% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC119.190.0175pay 0.0022% / 1h33m 39s$1.6M$6.1M20x
ShortPolymarket Perps SOL-USD119.110.0100get 0.0013% / 1h33m 39s$365K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
−$15.79
Price spread: −0.070% → +0.009%
−$7.9
Slippage, 4 orders
−$4.08
Fee RISEx: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$41.77
Costs to cover
0.181%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; Polymarket Perps: live order book, 5 min ago.

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, 5 min ago0.04 bp5.4 bp −$57.3 bp −$73doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago0.42 bp4.4 bp −$45.7 bp −$57doesn't fitdoesn't fit

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%1h118.89−0.255%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h119.03−0.139%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.19−0.006%$845$8K25xas long as short
Vest SOL-PERP−0.0080%1h119.05−0.118%$724K20xas long as short
Aftermath Perps SOLUSD−0.0016%1h118.96−0.193%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.12−0.065%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.17−0.020%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.16−0.033%$180K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.15−0.036%$26.7M$27.7M50xas long as short
dYdX SOL-USD0.0000%1h118.99−0.174%$4.9M$26.9M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.13−0.057%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0066%8h119.04−0.126%$231.9M$43.6M75xas long as short
01 Exchange SOLUSD+0.0072%1h119.16−0.028%$104K$152K20xas long as short
ApeX Omni SOLUSDT+0.0075%1h119.12−0.063%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.05−0.123%$10.5Mas long as short
Hibachi SOL/USDT-P+0.0080%1h119.00−0.166%$122K$600K20xas long as short
Gate SOL_USDT+0.0087%8h119.04−0.129%$868.1M$680.8M100xas long as short
Lighter SOL+0.0096%1h118.97−0.192%$13.4M$53.7M25xas long as short
Lighter RH SOL+0.0096%1h118.99−0.174%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.10−0.080%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.91−0.238%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.13−0.054%$45K$780K20xas long as short
Nado SOL-PERP+0.0100%1h119.10−0.081%$5.5M$40.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.10−0.079%$718.7M$414.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.06−0.112%$179.7M$174.5M100xas long as short
Pacifica SOL+0.0100%1h118.98−0.179%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.94−0.211%$971.5M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h118.97−0.184%$825.0M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.92−0.230%$370.5M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95−0.205%$234K$863K10xas long as short
Arcus SOL-USD+0.0100%1h119.24+0.040%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.95−0.205%$471.0M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.04−0.131%$143.0M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h118.99−0.172%$496.6M$448.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.10−0.079%$24.4M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.00−0.162%$27.4M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.71−0.406%$95.3M$397.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.11−0.073%$48.7M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.06−0.112%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USDshort+0.0100%1h119.11−0.070%$365K$2.4M20x
Bullet SOL-USD+0.0100%1h119.09−0.089%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.12−0.063%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.16−0.028%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.09−0.087%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.09−0.087%$46.5M$99.9M50xas long as short
Bulk SOL-USD+0.0100%1h118.71−0.406%$133.1M$11.8M20xas long as short
Extended SOL-USD+0.0104%1h119.02−0.146%$8.6M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.15−0.039%$8.1M$414.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.15−0.035%$216.7M500xas long as short
Phoenix SOL+0.0154%1h119.03−0.138%$6.7M$12.5M25xas long as short
RISEx SOL/USDClong+0.0175%1h119.19long leg$1.6M$6.1M20x
Reya SOLRUSDPERP+0.0180%1h119.09−0.090%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.03−0.138%$51.8M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.11−0.066%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.11−0.069%$3.6M200xas long as short