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−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Vest against Derive+0.044%7-day average +0.015% · 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)−0.034%−$3 on $10k
Price spread, last 3 days (all we have)+0.120%+$12 · spread now +0.044%, 7d avg +0.015%
Together, before fees+0.086%+ Points / potential airdropVest: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.028% dearer against Derive than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.015%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6.8 days. At the pace of the last 3 days (−0.034% in total) that is about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive SOL-PERP119.07−0.0056get 0.0007% / 1h6m 09s$2.0M$3.1M13x
ShortVest SOL-PERP119.12−0.0070pay 0.0009% / 1h6m 09s$724K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$2.91
Price spread: +0.044% → +0.015%
$2.81
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$8.09
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample
Sell Vest no order-book sample
Derive and 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
Injective SOL/USDC PERP−0.0151%1h119.41+0.284%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.16+0.073%$845$8K25xas long as short
Vest SOL-PERPshort−0.0070%1h119.12+0.044%$724K20x
Derive SOL-PERPlong−0.0056%1h119.07long leg$2.0M$3.1M13x
dYdX SOL-USD−0.0007%1h119.19+0.097%$4.9M$27.1M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.17+0.086%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.23+0.132%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.20+0.111%$178K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.22+0.121%$26.7M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0042%1h119.36+0.243%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0057%8h119.19+0.098%$232.2M$44.7M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.17+0.083%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.25+0.152%$120K$633K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.17+0.082%$103K$152K20xas long as short
BingX SOL-USDC+0.0080%8h119.14+0.056%$10.5Mas long as short
Gate SOL_USDT+0.0089%8h119.12+0.040%$869.9M$689.4M100xas long as short
Lighter SOL+0.0096%1h119.14+0.061%$13.6M$55.7M25xas long as short
Lighter RH SOL+0.0096%1h119.13+0.048%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.14+0.056%$354K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.14+0.055%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.18+0.091%$49K$785K20xas long as short
Nado SOL-PERP+0.0100%1h119.14+0.058%$6.3M$42.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.24+0.141%$719.3M$413.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.13+0.049%$178.7M$176.1M100xas long as short
Pacifica SOL+0.0100%1h119.21+0.112%$12.4M$115.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.13+0.049%$976.3M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h119.15+0.065%$823.9M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.13+0.049%$371.2M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.13+0.049%$233K$874K10xas long as short
Arcus SOL-USD+0.0100%1h119.21+0.116%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.25+0.150%$133.7M$10.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.14+0.057%$445.3M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.15+0.064%$140.2M$198.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.14+0.053%$497.0M$453.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.15+0.065%$24.3M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.41+0.285%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.32+0.204%$95.8M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.29+0.186%$48.8M$33.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.29+0.183%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.30+0.191%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.15+0.065%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.15+0.066%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.17+0.084%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.17+0.086%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.15+0.065%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.15+0.065%$46.5M$101.9M50xas long as short
Extended SOL-USD+0.0104%1h119.13+0.049%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.19+0.097%$8.2M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.18+0.086%$221.8M500xas long as short
Phoenix SOL+0.0154%1h119.34+0.225%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.17+0.081%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.19+0.098%$1.6M$6.0M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.13+0.050%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h119.15+0.065%$52.0M$86.7M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.16+0.077%$35.4M$91.3M100xas long as short