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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.008%
Price spread now: Orderly against edgeX+0.223%7-day average +0.021% · 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 7 days−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.223%, 7d avg +0.021%
Together, before fees−0.279%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.202% dearer against edgeX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOLUSDC115.940.0100pay 0.0050% / 4h2h 34m$93.1M$405.7M75x
ShortOrderly PERP_SOL_USDC116.200.0095get 0.0095% / 8h2h 34m$1.0M$5.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against edgeX. 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
−$1
Price spread: +0.223% → +0.021%
$20.18
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
$4.18
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: edgeX: live order book, 5 min ago; Orderly: 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 edgeX live order book, 5 min ago2.59 bp7.1 bp −$77.1 bp −$717.2 bp −$71710.2 bp −$5,113
Sell Orderly no order-book sample
Orderly: 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
Kraken Futures PF_SOLUSD−0.0240%1h116.18+0.207%$31.8M$103.8M100xas long as short
Hibachi SOL/USDT-P−0.0216%1h116.01+0.056%$104K$706K20xas long as short
Derive SOL-PERP−0.0125%1h116.09+0.128%$1.9M$2.9M13xas long as short
Bybit SOLUSDT−0.0116%8h115.86−0.071%$739.9M$1.42B100xas long as short
BingX SOL-USDT−0.0115%8h115.91−0.030%$368.6Mas long as short
Vest SOL-PERP−0.0106%1h115.94−0.003%$625K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.15+0.180%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.17+0.199%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.19+0.211%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.18+0.202%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0008%1h115.93−0.011%$99K$176K20xas long as short
dYdX SOL-USD+0.0015%1h115.95+0.009%$4.3M$24.6M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.18+0.204%$7.8M$405.2M50xas long as short
Bitget SOLUSDT+0.0070%8h115.89−0.047%$479.9M$454.5M100xas long as short
Bullet SOL-USD+0.0078%1h116.17+0.192%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDCshort+0.0095%8h116.20+0.223%$1.0M$5.9M100x
Lighter SOL+0.0096%1h115.92−0.021%$12.9M$60.8M25xas long as short
Lighter RH SOL+0.0096%1h115.91−0.026%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.18+0.205%$349K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h115.88−0.054%$64K$906K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h115.940.000%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h115.92−0.021%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h116.01+0.061%$687.4M$398.9M20xas long as short
Aster SOLUSDT+0.0100%8h115.92−0.018%$174.0M$183.9M100xas long as short
Pacifica SOL+0.0100%1h115.96+0.011%$15.6M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h115.90−0.036%$962.5M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h115.88−0.054%$361.1M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.93−0.011%$216K$872K10xas long as short
Arcus SOL-USD+0.0100%1h115.95+0.010%$916K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.24+0.254%$130.1M$16.3M20xas long as short
Gate SOL_USDT+0.0100%8h115.91−0.028%$839.0M$666.0M100xas long as short
MEXC SOL_USDT+0.0100%8h115.93−0.011%$357.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.90−0.036%$123.7M$229.0M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.12+0.153%$22.9M$40.4M50xas long as short
Variational Omni SOL+0.0100%8h116.00+0.047%$24.8M$114.4Mas long as short
edgeX SOLUSDClong+0.0100%4h115.94long leg$93.1M$405.7M75x
GRVT SOL_USDT_Perp+0.0100%8h115.99+0.041%$47.5M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.00+0.049%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.14+0.170%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.14+0.170%$319K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.17+0.192%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.18+0.209%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.18+0.205%$6.0M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h116.14+0.174%$225.0M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h116.15+0.179%$45.2M$104.3M50xas long as short
Extended SOL-USD+0.0104%1h115.86−0.072%$7.9M$38.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.16+0.183%$239.1M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0123%1h116.24+0.256%$26.3M$22.0M50xas long as short
Injective SOL/USDC PERP+0.0173%1h116.55+0.524%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.11+0.144%$6.4M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h116.14+0.169%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.16+0.187%$52.0M$68.0M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.17+0.196%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h115.98+0.029%$2.0M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0600%1h116.15+0.178%$25K$52K20xas long as short