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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.23 per $10,000 · paid last 24h +0.047%
Price spread now: RISEx against SoDEX+0.149%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$160.160% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.120%+$12 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.149%, 7d avg +0.030%
Together, before fees+0.071%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and RISEx is 0.119% dearer against SoDEX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD117.250.0064pay 0.0008% / 1h9m 32s$6.1M$11.3M20x
ShortRISEx SOL/USDC117.420.0250get 0.0031% / 1h9m 32s$2.2M$3.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against SoDEX. 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
$39.12
Price spread: +0.149% → +0.030%
$11.92
Slippage, 4 orders
−$1.95
Fee SoDEX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$35.08
Costs to cover
0.160%
Break-even
0.7 days
Slippage from SoDEX: live order book, 3 min ago; RISEx: live order book, 3 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 SoDEX live order book, 3 min ago0.43 bp4.4 bp −$44.9 bp −$4915.0 bp −$1,501doesn't fit
Sell RISEx live order book, 3 min ago0.04 bp4.1 bp −$46.1 bp −$61doesn't fitdoesn't fit

SOL on 55 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P−0.0176%1h117.27+0.020%$100K$648K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.27+0.015%$1K$8K25xas long as short
Bybit SOLUSDT−0.0040%8h117.35+0.085%$725.0M$1.20B100xas long as short
Derive SOL-PERP−0.0019%1h117.19−0.051%$1.8M$2.5M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.28+0.026%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.34+0.076%$1.3M$15.0M3.1xas long as short
Perpl SOL0.0000%43m117.25+0.004%$98K$2.5M8.3xas long as short
Vest SOL-PERP+0.0009%1h117.36+0.090%$243K20xas long as short
Bitget SOLUSDT+0.0014%8h117.37+0.100%$481.7M$383.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0024%1h117.28+0.022%$8.5M$359.9M50xas long as short
Show all 55 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0030%8h117.24−0.006%$981K$4.8M100xas long as short
Injective SOL/USDC PERP+0.0033%1h116.85−0.341%$4K$11312xas long as short
Aster SOLUSDT+0.0048%8h117.40+0.128%$177.0M$155.3M100xas long as short
Aevo SOL-PERP+0.0056%1h117.19−0.047%$343K$257K20xas long as short
MEXC SOL_USDT+0.0058%8h117.41+0.136%$430.4M$970.8M300xas long as short
Binance SOLUSDT+0.0058%8h117.38+0.107%$974.4M$3.33B100xas long as short
SoDEX SOL-USDlong+0.0064%1h117.25long leg$6.1M$11.3M20x
dYdX SOL-USD+0.0068%1h117.40+0.126%$9.2M$16.1M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0071%1h117.32+0.060%$26.4M$17.1M50xas long as short
01 Exchange SOLUSD+0.0072%1h117.40+0.128%$103K$189K20xas long as short
Gate SOL_USDT+0.0087%8h117.40+0.128%$843.9M$585.6M100xas long as short
Lighter SOL+0.0096%1h117.40+0.125%$13.2M$55.0M25xas long as short
Lighter RH SOL+0.0096%1h117.39+0.119%$2.2M$13.1M25xas long as short
Katana Perps SOL-USD+0.0100%8h117.35+0.085%$24K$907K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.43+0.156%$1.0M$554K50xas long as short
Nado SOL-PERP+0.0100%1h117.40+0.130%$5.6M$38.5M40xas long as short
Pacifica SOL+0.0100%1h117.45+0.167%$15.9M$116.0M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.34+0.077%$362.6M$1.53B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.27+0.017%$223K$754K10xas long as short
Arcus SOL-USD+0.0100%1h117.43+0.156%$1.2M$7.5M20xas long as short
Bulk SOL-USD+0.0100%1h117.37+0.103%$128.5M$9.1M20xas long as short
KuCoin SOLUSDTM+0.0100%8h117.38+0.110%$133.2M$227.8M75xas long as short
BingX SOL-USDT+0.0100%8h117.41+0.140%$327.9Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.26+0.009%$23.1M$34.0M50xas long as short
Variational Omni SOL+0.0100%8h117.22−0.023%$25.0M$93.6Mas long as short
edgeX SOLUSDC+0.0100%4h117.35+0.083%$94.2M$353.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.29+0.034%$48.0M$25.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.28+0.026%$1.0M$4.1M50xas long as short
StandX SOL-USD+0.0100%1h117.250.000%$1.3M$9.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.38+0.111%$323K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h117.27+0.020%$284K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.26+0.010%$26K$34K25xas long as short
SunX SOL-USDT+0.0100%8h117.25−0.004%$190K$1.4M30xas long as short
HTX SOL-USDT+0.0100%8h117.24−0.008%$226.9M$39.5M75xas long as short
Phemex SOLUSDT+0.0100%8h117.27+0.017%$45.6M$97.9M50xas long as short
Phoenix SOL+0.0103%1h117.40+0.128%$6.6M$11.6M25xas long as short
Extended SOL-USD+0.0104%1h117.36+0.094%$8.4M$32.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h117.31+0.049%$207.7M500xas long as short
Kraken Futures PF_SOLUSD+0.0128%1h117.28+0.022%$33.3M$90.2M100xas long as short
BloFin SOL-USDT+0.0179%8h117.33+0.068%$51.9M$55.2M125xas long as short
Hyperliquid SOL+0.0183%1h117.54+0.247%$737.9M$365.1M20xas long as short
Reya SOLRUSDPERP+0.0202%1h117.32+0.059%$1.1M$91K25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0240% / S −0.0186%1h117.27+0.015%$3.6M200xas long as short
RISEx SOL/USDCshort+0.0250%1h117.42+0.149%$2.2M$3.6M20x
Aftermath Perps SOLUSD+0.0420%1h117.32+0.060%$25K$45K20xas long as short