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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.029%
Price spread now: Kraken Futures against Hotstuff−0.154%258s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.154% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 3.2 days of funding at the current rate (+$5 a day). The two prices were read 258 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP117.44−0.0080get 0.0010% / 1h54m 51s$1K$8K25x
ShortKraken Futures PF_SOLUSD117.250.0083get 0.0010% / 1h54m 51s$32.6M$92.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hotstuff. 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
$34.15
Price spread: −0.154% → 0.000%
−$15.37
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$3.78
Costs to cover
0.150%
Break-even
6.2 days
Slippage unknown: Hotstuff: no order-book sample; Kraken Futures: live order book, 2 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 Hotstuff no order-book sample
Sell Kraken Futures live order book, 2 min ago0.43 bp8.6 bp −$99.8 bp −$9812.9 bp −$1,28826.3 bp −$13.1K
Hotstuff: 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 54 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−0.0264%1h117.31−0.104%$99K$647K20xas long as short
Hotstuff SOL-PERPlong−0.0080%1h117.44long leg$1K$8K25x
Bybit SOLUSDT−0.0054%8h117.19−0.209%$734.0M$1.24B100xas long as short
SoDEX SOL-USD−0.0025%1h117.23−0.175%$6.1M$11.1M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.35−0.072%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.30−0.118%$1.3M$15.8M3.1xas long as short
Perpl SOL0.0000%43m117.28−0.130%$98K$2.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h117.29−0.122%$26.4M$18.5M50xas long as short
Vest SOL-PERP+0.0007%1h117.25−0.156%$272K20xas long as short
Bitget SOLUSDT+0.0029%8h117.18−0.216%$482.4M$397.3M100xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h117.26−0.148%$8.4M$369.3M50xas long as short
Aster SOLUSDT+0.0043%8h117.22−0.185%$177.8M$155.4M100xas long as short
Orderly PERP_SOL_USDC+0.0050%8h117.23−0.175%$996K$5.1M100xas long as short
01 Exchange SOLUSD+0.0064%1h117.26−0.149%$101K$181K20xas long as short
dYdX SOL-USD+0.0071%1h117.29−0.124%$9.3M$17.9M20xas long as short
Aevo SOL-PERP+0.0080%1h117.18−0.216%$348K$258K20xas long as short
Binance SOLUSDT+0.0081%8h117.19−0.205%$971.0M$3.43B100xas long as short
MEXC SOL_USDT+0.0081%8h117.21−0.192%$430.2M$910.8M300xas long as short
Kraken Futures PF_SOLUSDshort+0.0083%1h117.25−0.154%$32.6M$92.0M100x
Gate SOL_USDT+0.0090%8h117.24−0.166%$842.6M$584.8M100xas long as short
Lighter SOL+0.0096%1h117.25−0.162%$13.2M$54.4M25xas long as short
Lighter RH SOL+0.0096%1h117.23−0.178%$2.3M$13.5M25xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.28−0.130%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.26−0.149%$45K$879K20xas long as short
Nado SOL-PERP+0.0100%1h117.25−0.153%$5.7M$39.1M40xas long as short
Pacifica SOL+0.0100%1h117.31−0.108%$15.9M$116.2M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.17−0.226%$361.5M$1.55B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.27−0.141%$223K$759K10xas long as short
Arcus SOL-USD+0.0100%1h117.32−0.098%$1.3M$8.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.35−0.074%$127.4M$14.3M20xas long as short
KuCoin SOLUSDTM+0.0100%8h117.24−0.165%$134.5M$225.8M75xas long as short
BingX SOL-USDT+0.0100%8h117.23−0.174%$334.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.24−0.166%$23.2M$35.2M50xas long as short
Variational Omni SOL+0.0100%8h117.28−0.136%$25.1M$99.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.28−0.135%$94.2M$374.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.33−0.090%$48.0M$25.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.37−0.057%$1.1M$6.5M50xas long as short
StandX SOL-USD+0.0100%1h117.28−0.132%$1.3M$10.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.24−0.166%$323K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.27−0.144%$284K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.27−0.145%$27K$35K25xas long as short
SunX SOL-USDT+0.0100%8h117.25−0.161%$190K$1.4M30xas long as short
HTX SOL-USDT+0.0100%8h117.36−0.067%$227.0M$40.9M75xas long as short
Phemex SOLUSDT+0.0100%8h117.28−0.132%$45.5M$99.5M50xas long as short
Extended SOL-USD+0.0104%1h117.19−0.212%$8.5M$33.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.26−0.151%$210.5M500xas long as short
Phoenix SOL+0.0129%1h117.41−0.021%$6.6M$12.2M25xas long as short
Reya SOLRUSDPERP+0.0199%1h117.21−0.196%$1.1M$93K25xas long as short
BloFin SOL-USDT+0.0202%8h117.23−0.175%$51.6M$57.1M125xas long as short
Injective SOL/USDC PERP+0.0206%1h116.85−0.498%$4K$11712xas long as short
Hyperliquid SOL+0.0208%1h117.37−0.053%$723.2M$366.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0171%1h117.24−0.164%$3.5M200xas long as short
RISEx SOL/USDC+0.0250%1h117.35−0.074%$2.2M$4.4M20xas long as short
Aftermath Perps SOLUSD+0.0382%1h117.34−0.084%$25K$52K20xas long as short