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+0.0330%/8h= +36.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.098%
Price spread now: RISEx against Hotstuff−0.197%477s7-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. RISEx is 0.197% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.197% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 48 hours of funding at the current rate (+$10 a day). The two prices were read 477 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% / 1h51m 15s$1K$8K25x
ShortRISEx SOL/USDC117.200.0250get 0.0031% / 1h51m 15s$2.2M$4.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$69.32
Price spread: −0.197% → 0.000%
−$19.7
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$38.61
Costs to cover
0.110%
Break-even
3.1 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago0.04 bp4.0 bp −$46.8 bp −$68doesn't fitdoesn't fit
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−0.0272%1h117.15−0.247%$99K$634K20xas long as short
Hotstuff SOL-PERPlong−0.0080%1h117.44long leg$1K$8K25x
Bybit SOLUSDT−0.0053%8h117.14−0.252%$733.5M$1.24B100xas long as short
SoDEX SOL-USD−0.0028%1h117.15−0.243%$6.0M$11.1M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.20−0.200%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.16−0.233%$1.3M$15.7M3.1xas long as short
Perpl SOL0.0000%43m117.25−0.161%$98K$2.8M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h117.21−0.194%$26.4M$18.3M50xas long as short
Vest SOL-PERP+0.0007%1h117.14−0.250%$272K20xas long as short
Bitget SOLUSDT+0.0028%8h117.15−0.246%$482.3M$395.8M100xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h117.18−0.217%$8.4M$367.8M50xas long as short
Aster SOLUSDT+0.0042%8h117.14−0.251%$177.7M$155.2M100xas long as short
Orderly PERP_SOL_USDC+0.0049%8h117.14−0.253%$995K$5.0M100xas long as short
ApeX Omni SOLUSDT+0.0050%1h117.22−0.186%$1.1M$6.5M50xas long as short
01 Exchange SOLUSD+0.0056%1h117.18−0.217%$101K$181K20xas long as short
Phoenix SOL+0.0075%1h117.28−0.132%$6.6M$12.2M25xas long as short
MEXC SOL_USDT+0.0078%8h117.14−0.251%$430.6M$911.6M300xas long as short
Binance SOLUSDT+0.0078%8h117.15−0.243%$970.7M$3.42B100xas long as short
Aevo SOL-PERP+0.0080%1h117.09−0.297%$348K$258K20xas long as short
Kraken Futures PF_SOLUSD+0.0083%1h117.19−0.210%$33.6M$93.1M100xas long as short
Gate SOL_USDT+0.0084%8h117.15−0.243%$841.8M$585.7M100xas long as short
Lighter SOL+0.0096%1h117.13−0.264%$13.2M$54.4M25xas long as short
Lighter RH SOL+0.0096%1h117.11−0.281%$2.3M$13.5M25xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.14−0.247%$1.0M$552K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.15−0.243%$45K$885K20xas long as short
Nado SOL-PERP+0.0100%1h117.14−0.247%$5.7M$39.0M40xas long as short
Pacifica SOL+0.0100%1h117.17−0.227%$15.9M$116.2M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.15−0.243%$361.0M$1.55B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.03−0.345%$222K$759K10xas long as short
Arcus SOL-USD+0.0100%1h117.22−0.182%$1.2M$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%8h117.15−0.244%$134.5M$226.5M75xas long as short
BingX SOL-USDT+0.0100%8h117.15−0.243%$333.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.21−0.192%$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%4h117.19−0.212%$94.1M$374.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.18−0.216%$48.0M$25.5M20xas long as short
StandX SOL-USD+0.0100%1h117.16−0.234%$1.3M$10.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.14−0.251%$323K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.17−0.225%$284K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.13−0.258%$25K$36K25xas long as short
SunX SOL-USDT+0.0100%8h117.14−0.255%$190K$1.4M30xas long as short
HTX SOL-USDT+0.0100%8h117.10−0.284%$226.5M$40.9M75xas long as short
Phemex SOLUSDT+0.0100%8h117.18−0.217%$45.5M$99.4M50xas long as short
Extended SOL-USD+0.0104%1h117.10−0.281%$8.4M$33.2M50xas long as short
dYdX SOL-USD+0.0110%1h117.18−0.218%$9.3M$17.9M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.17−0.226%$210.4M500xas long as short
Reya SOLRUSDPERP+0.0199%1h117.12−0.270%$1.1M$92K25xas long as short
BloFin SOL-USDT+0.0201%8h117.20−0.200%$51.6M$57.1M125xas long as short
Injective SOL/USDC PERP+0.0206%1h116.85−0.498%$4K$11712xas long as short
Hyperliquid SOL+0.0220%1h117.29−0.123%$722.9M$365.1M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0171%1h117.19−0.212%$3.5M200xas long as short
RISEx SOL/USDCshort+0.0250%1h117.20−0.197%$2.2M$4.4M20x
Aftermath Perps SOLUSD+0.0382%1h117.26−0.149%$25K$48K20xas long as short