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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0644%/8h= −70.5% APRnext payment $0.81 per $10,000 · paid last 24h −0.072%
Price spread now: Vest against RISEx−0.164%7-day average +0.008% · 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)−0.180%−$18 on $10k
Price spread, last 7 days+0.168%+$17 · spread now −0.164%, 7d avg +0.008%
Together, before fees−0.012%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Vest is 0.172% cheaper against RISEx than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.180% in total (about -19.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC116.640.0559pay 0.0070% / 1h46m 59s$1.9M$4.9M20x
ShortVest SOL-PERP116.45−0.0085pay 0.0011% / 1h46m 59s$602K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$135.25
Price spread: −0.164% → +0.008%
−$17.16
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$160.41
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 2 min ago; Vest: 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, 2 min ago0.04 bp3.0 bp −$36.5 bp −$65doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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
Vest SOL-PERPshort−0.0085%1h116.45−0.164%$602K20x
Hotstuff SOL-PERP−0.0080%1h116.47−0.149%$911$8K25xas long as short
Hibachi SOL/USDT-P−0.0040%1h116.49−0.128%$103K$700K20xas long as short
Derive SOL-PERP−0.0016%1h116.38−0.224%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.52−0.107%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.52−0.102%$1.4M$18.7M3.1xas long as short
dYdX SOL-USD+0.0001%1h116.50−0.123%$4.4M$24.2M20xas long as short
01 Exchange SOLUSD+0.0032%1h116.48−0.139%$99K$169K20xas long as short
ApeX Omni SOLUSDT+0.0037%1h116.55−0.079%$1.3M$6.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.46−0.157%$7.5M$403.8M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.43−0.182%$31.0M$100.5M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0079%1h116.50−0.118%$26.2M$25.3M50xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.47−0.148%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.46−0.156%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h116.45−0.164%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.46−0.155%$341K$236K20xas long as short
Katana Perps SOL-USD+0.0098%8h116.50−0.122%$50K$866K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.58−0.053%$988K$534K50xas long as short
Nado SOL-PERP+0.0100%1h116.48−0.135%$5.5M$39.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.60−0.036%$706.2M$395.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.47−0.148%$175.0M$182.0M100xas long as short
Pacifica SOL+0.0100%1h116.55−0.077%$15.7M$129.8M20xas long as short
Binance SOLUSDT+0.0100%8h116.50−0.119%$962.8M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.45−0.162%$791.6M$1.33B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.51−0.113%$365.2M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.37−0.234%$232K$852K10xas long as short
Arcus SOL-USD+0.0100%1h116.54−0.091%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.013%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.47−0.148%$844.8M$654.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.51−0.113%$416.5M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.44−0.174%$126.1M$216.8M75xas long as short
Bitget SOLUSDT+0.0100%8h116.46−0.157%$478.5M$441.4M100xas long as short
BingX SOL-USDT+0.0100%8h116.52−0.106%$364.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.49−0.131%$23.2M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h116.54−0.084%$24.4M$114.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.52−0.101%$93.5M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.48−0.138%$47.6M$29.4M20xas long as short
StandX SOL-USD+0.0100%1h116.55−0.079%$1.3M$13.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.51−0.113%$321K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.52−0.101%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.44−0.174%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.49−0.130%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.45−0.165%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.38−0.225%$225.9M$46.4M75xas long as short
Phemex SOLUSDT+0.0100%8h116.52−0.105%$45.5M$101.3M50xas long as short
Extended SOL-USD+0.0104%1h116.39−0.217%$7.9M$36.6M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.53−0.097%$228.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.56−0.071%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.57−0.062%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.48−0.137%$1.1M$539K25xas long as short
BloFin SOL-USDT+0.0220%8h116.46−0.156%$51.6M$71.8M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.53−0.100%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.55−0.077%$140K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0494%1h116.63−0.010%$25K$51K20xas long as short
RISEx SOL/USDClong+0.0559%1h116.64long leg$1.9M$4.9M20x