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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: StandX against Hotstuff−0.020%55s7-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 3 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 · StandX: Active · farm boardneeds both histories
Funding pays, the price is against you. StandX is 0.020% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$5 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP119.28−0.0080get 0.0010% / 1h18m 43s$846$8K25x
ShortStandX SOL-USD119.260.0100get 0.0013% / 1h18m 43s$1.4M$13.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$37.8
Price spread: −0.020% → 0.000%
−$2.01
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
$22.79
Costs to cover
0.130%
Break-even
2.8 days
Slippage unknown: Hotstuff: no order-book sample; StandX: live order book, 5 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 StandX live order book, 5 min ago5.87 bp9.9 bp −$1010.5 bp −$105doesn'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 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
Bluefin SOL-PERP−0.0404%1h119.26−0.022%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.17−0.098%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERPlong−0.0080%1h119.28long leg$846$8K25x
Vest SOL-PERP−0.0062%1h119.24−0.036%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.29+0.005%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.30+0.011%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.25−0.032%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.28+0.001%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.39+0.092%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.064%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0066%1h119.31+0.022%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.27−0.009%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.28−0.003%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h119.27−0.011%$10.5Mas long as short
HTX SOL-USDT+0.0081%8h119.20−0.072%$232.1M$45.0M75xas long as short
Gate SOL_USDT+0.0092%8h119.28−0.003%$870.6M$685.7M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0094%1h119.30+0.014%$26.7M$27.7M50xas long as short
Lighter SOL+0.0096%1h119.29+0.004%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.28−0.003%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.22−0.053%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.23−0.045%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.25−0.029%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.20−0.066%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.36+0.064%$719.1M$417.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.24−0.035%$178.5M$176.9M100xas long as short
Pacifica SOL+0.0100%1h119.32+0.034%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.29+0.002%$985.5M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.31+0.022%$826.4M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.27−0.012%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.28−0.003%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.31+0.018%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28−0.002%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.30+0.013%$460.6M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.25−0.028%$140.3M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.23−0.045%$495.5M$455.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.27−0.012%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.34+0.047%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.38+0.078%$95.9M$401.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.29+0.005%$48.8M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.36+0.065%$1.5M$6.2M50xas long as short
StandX SOL-USDshort+0.0100%1h119.26−0.020%$1.4M$13.4M30x
Polymarket Perps SOL-USD+0.0100%1h119.30+0.013%$368K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.28−0.007%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.24−0.039%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24−0.037%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.26−0.020%$46.6M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.24−0.041%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.27−0.013%$8.1M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25−0.029%$224.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.24−0.035%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0068%1h119.29+0.004%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.29+0.008%$1.1M$555K25xas long as short
RISEx SOL/USDC+0.0192%1h119.27−0.008%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.080%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.23−0.045%$52.1M$82.8M125xas long as short