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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.040%
Price spread now: Hyperliquid against Vest+0.149%7-day average +0.023% · 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)+0.093%+$9 on $10k
Price spread, last 7 days−0.124%−$12 · spread now +0.149%, 7d avg +0.023%
Together, before fees−0.031%+ Points / potential airdropVest: Active · Hyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.126% dearer against Vest than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SOL-PERP118.63−0.0077get 0.0010% / 1h16m 15s$723K20x
ShortHyperliquid SOL118.810.0100get 0.0013% / 1h16m 15s$718.4M$410.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Vest. 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
$37.2
Price spread: +0.149% → +0.023%
$12.61
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$38.8
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Hyperliquid: live order book, 8 min ago. 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 Vest no order-book sample
Sell Hyperliquid live order book, 8 min ago0.42 bp4.9 bp −$55.4 bp −$549.5 bp −$952doesn't fit
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
Derive SOL-PERP−0.0083%1h118.58−0.041%$2.0M$2.8M13xas long as short
Hotstuff SOL-PERP−0.0080%1h118.68+0.037%$841$8K25xas long as short
Vest SOL-PERPlong−0.0077%1h118.63long leg$723K20x
ApeX Omni SOLUSDT−0.0026%1h118.71+0.062%$1.5M$6.2M50xas long as short
dYdX SOL-USD−0.0014%1h118.70+0.058%$4.8M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.68+0.038%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.71+0.067%$1.3M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.70+0.054%$175K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0026%1h118.74+0.092%$26.6M$25.8M50xas long as short
Gate SOL_USDT+0.0074%8h118.67+0.031%$867.3M$685.0M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0076%8h118.68+0.036%$1.0M$5.9M100xas long as short
HTX SOL-USDT+0.0079%8h118.63−0.006%$230.9M$45.2M75xas long as short
01 Exchange SOLUSD+0.0080%1h118.72+0.073%$103K$158K20xas long as short
BingX SOL-USDC+0.0080%8h118.68+0.036%$10.5Mas long as short
Lighter SOL+0.0096%1h118.69+0.048%$13.4M$56.5M25xas long as short
Lighter RH SOL+0.0096%1h118.68+0.039%$2.1M$17.1M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h118.60−0.028%$120K$632K20xas long as short
Aevo SOL-PERP+0.0096%1h118.65+0.016%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.74+0.094%$8.1M$416.9M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.73+0.079%$1.0M$521K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.67+0.031%$45K$802K20xas long as short
Nado SOL-PERP+0.0100%1h118.72+0.069%$5.7M$40.9M40xas long as short
Hyperliquid SOLshort+0.0100%1h118.81+0.149%$718.4M$410.5M20x
Aster SOLUSDT+0.0100%8h118.68+0.038%$178.6M$178.0M100xas long as short
Pacifica SOL+0.0100%1h118.74+0.090%$12.2M$121.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.66+0.022%$977.5M$3.84B100xas long as short
Bybit SOLUSDT+0.0100%8h118.69+0.048%$823.5M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.65+0.014%$369.8M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.63−0.003%$228K$876K10xas long as short
Arcus SOL-USD+0.0100%1h118.73+0.082%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.73+0.079%$133.6M$4.6M20xas long as short
MEXC SOL_USDT+0.0100%8h118.69+0.048%$426.1M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.69+0.050%$137.4M$205.8M75xas long as short
Bitget SOLUSDT+0.0100%8h118.66+0.021%$492.2M$460.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.70+0.056%$24.1M$38.6M50xas long as short
Variational Omni SOL+0.0100%8h118.70+0.055%$27.0M$129.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.65+0.015%$95.3M$403.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.69+0.046%$48.6M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h118.61−0.019%$1.3M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.68+0.040%$363K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.66+0.024%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.70+0.053%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.68+0.036%$192K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.69+0.048%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.71+0.065%$46.4M$102.9M50xas long as short
Phoenix SOL+0.0100%1h118.70+0.056%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.66+0.025%$8.6M$36.1M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.71+0.068%$32.6M$97.4M100xas long as short
Aftermath Perps SOLUSD+0.0112%1h118.70+0.057%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.69+0.048%$226.6M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0167% / S −0.0068%1h118.68+0.038%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0170%1h118.91+0.233%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0184%1h118.67+0.031%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.55−0.070%$51.9M$80.5M125xas long as short
RISEx SOL/USDC+0.0226%1h118.68+0.043%$1.8M$5.1M20xas long as short