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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.038%
Price spread now: Aevo against Derive−0.015%238s7-day average +0.022% · 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 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.015%, 7d avg +0.022%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.037% cheaper against Derive than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.022%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day). The two prices were read 238 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive SOL-PERP116.380.0007pay 0.0001% / 1h53m 17s$1.9M$3.0M13x
ShortAevo SOL-PERP116.360.0096get 0.0012% / 1h53m 17s$351K$256K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Derive. 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
$18.73
Price spread: −0.015% → +0.022%
−$3.7
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$6.97
Costs to cover
0.220%
Break-even
9.6 days
Slippage unknown: Derive: no order-book sample; Aevo: live order book, 46 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 Derive no order-book sample
Sell Aevo live order book, 46 min ago31.46 bp49.1 bp −$4977.4 bp −$774doesn't fitdoesn't fit
Derive: 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
Phemex SOLUSDT−0.0196%8h116.39+0.007%$45.2M$103.8M50xas long as short
Hotstuff SOL-PERP−0.0080%1h116.32−0.053%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.42+0.037%$32.3M$106.8M100xas long as short
Vest SOL-PERP−0.0015%1h116.35−0.031%$636K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.31−0.063%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.32−0.053%$4.3M$23.4M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.39+0.011%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.38−0.001%$99K$3.4M8.3xas long as short
Derive SOL-PERPlong+0.0007%1h116.38long leg$1.9M$3.0M13x
Bybit SOLUSDT+0.0023%8h116.38−0.001%$731.9M$1.41B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOLUSDT+0.0025%8h116.38−0.003%$480.2M$455.0M100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h116.41+0.021%$7.8M$396.2M50xas long as short
Hibachi SOL/USDT-P+0.0048%1h116.22−0.139%$103K$679K20xas long as short
Aster SOLUSDT+0.0054%8h116.40+0.013%$176.9M$169.2M100xas long as short
Orderly PERP_SOL_USDC+0.0069%8h116.39+0.005%$1.0M$6.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0078%1h116.44+0.053%$26.2M$21.9M50xas long as short
Lighter SOL+0.0096%1h116.38+0.002%$13.1M$55.7M25xas long as short
Lighter RH SOL+0.0096%1h116.39+0.005%$2.1M$14.6M25xas long as short
Aevo SOL-PERPshort+0.0096%1h116.36−0.015%$351K$256K20x
Paradex SOL-USD-PERP+0.0097%8h116.33−0.046%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.32−0.053%$64K$903K20xas long as short
Nado SOL-PERP+0.0100%1h116.34−0.039%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.48+0.085%$695.7M$406.3M20xas long as short
Pacifica SOL+0.0100%1h116.35−0.025%$15.7M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.40+0.018%$963.0M$3.85B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.40+0.016%$366.5M$1.76B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.07−0.268%$219K$849K10xas long as short
Arcus SOL-USD+0.0100%1h116.35−0.026%$919K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.33−0.047%$125.6M$25.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.39+0.007%$848.5M$605.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.38−0.001%$369.7M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.39+0.003%$129.7M$237.2M75xas long as short
BingX SOL-USDC+0.0100%8h116.33−0.045%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.28−0.087%$22.8M$36.2M50xas long as short
Variational Omni SOL+0.0100%8h116.26−0.108%$24.8M$105.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.10−0.238%$93.2M$404.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.33−0.046%$47.6M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.14−0.205%$1.1M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.33−0.044%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.40+0.016%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.39+0.012%$282K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.37−0.013%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.29−0.079%$189K$1.7M30xas long as short
SoDEX SOL-USD+0.0100%1h116.38−0.001%$6.1M$11.0M20xas long as short
HTX SOL-USDT+0.0100%8h116.36−0.019%$225.3M$50.6M75xas long as short
Extended SOL-USD+0.0104%1h116.34−0.035%$8.3M$36.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.30−0.067%$231.7M500xas long as short
Phoenix SOL+0.0124%1h116.35−0.027%$6.5M$13.4M25xas long as short
01 Exchange SOLUSD+0.0128%1h116.41+0.025%$100K$181K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34−0.036%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0196%1h116.35−0.026%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.37−0.010%$52.5M$64.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.39+0.004%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0420%1h116.35−0.030%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.41+0.026%$2.1M$4.7M20xas long as short