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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0022%/8h= −2.5% APRpaid last 24h −0.008%
Price spread now: Paradex against Jupiter Perps−0.013%7-day average +0.007% · 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)−0.015%−$1 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.013%, 7d avg +0.007%
Together, before fees+0.221%+ Points / potential airdropParadex: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.021% cheaper against Jupiter Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps SOL-PERP116.05L +0.0120% / S +0.0056%pay 0.0015% / 1h32m 47s$230.4M500x
ShortParadex SOL-USD-PERP116.030.0098get 0.0098% / 8h7h 32m$1.0M$554K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Jupiter Perps. 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
−$4.72
Price spread: −0.013% → +0.007%
−$2.06
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$22.78
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; Paradex: 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 Jupiter Perps no order-book sample
Sell Paradex live order book, 1 min ago26.96 bp29.0 bp −$2981.6 bp −$816doesn't fitdoesn't fit
Jupiter Perps: 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
Hotstuff SOL-PERP−0.0080%1h116.18+0.118%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.08+0.030%$32.2M$105.2M100xas long as short
Bybit SOLUSDT−0.0003%8h115.99−0.049%$728.5M$1.39B100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.07+0.021%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.05+0.004%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.08+0.025%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.20+0.130%$99K$3.4M8.3xas long as short
Vest SOL-PERP+0.0002%1h116.05+0.002%$636K20xas long as short
Derive SOL-PERP+0.0007%1h116.15+0.090%$1.8M$2.9M13xas long as short
Bitget SOLUSDT+0.0024%8h116.03−0.017%$478.6M$446.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h116.08+0.027%$7.7M$390.7M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0042%1h116.11+0.052%$26.1M$21.4M50xas long as short
Aster SOLUSDT+0.0052%8h116.02−0.025%$176.1M$169.4M100xas long as short
Orderly PERP_SOL_USDC+0.0067%8h116.02−0.023%$1.0M$5.9M100xas long as short
SoDEX SOL-USD+0.0078%1h116.04−0.006%$6.1M$11.0M20xas long as short
Lighter SOL+0.0096%1h116.03−0.014%$13.0M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h116.02−0.022%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.03−0.017%$350K$249K20xas long as short
Paradex SOL-USD-PERPshort+0.0098%8h116.03−0.013%$1.0M$554K50x
Gate SOL_USDT+0.0099%8h116.04−0.006%$845.0M$612.7M100xas long as short
Katana Perps SOL-USD+0.0100%8h116.03−0.014%$58K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.03−0.014%$5.4M$41.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.15+0.089%$693.8M$404.8M20xas long as short
Pacifica SOL+0.0100%1h116.08+0.033%$15.6M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.02−0.024%$959.0M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.01−0.032%$365.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.07+0.020%$217K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.05+0.006%$947K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h116.05+0.003%$373.5M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.03−0.015%$129.3M$237.5M75xas long as short
BingX SOL-USDC+0.0100%8h116.01−0.035%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.05+0.003%$22.8M$36.3M50xas long as short
Variational Omni SOL+0.0100%8h116.19+0.120%$24.8M$104.7Mas long as short
edgeX SOLUSDC+0.0100%4h116.19+0.122%$93.3M$404.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.20+0.131%$47.5M$28.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.33+0.241%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.17+0.106%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.06+0.012%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.04−0.004%$281K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h116.00−0.039%$188K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.32+0.237%$225.2M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.06+0.012%$45.1M$102.9M50xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.174%$125.8M$25.7M20xas long as short
Extended SOL-USD+0.0104%1h116.01−0.035%$8.3M$36.5M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.08+0.029%$101K$183K20xas long as short
Jupiter Perps SOL-PERPlongL +0.0120% / S +0.0056%1h116.05long leg$230.4M500x
Phoenix SOL+0.0124%1h116.12+0.063%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0136%1h116.23+0.158%$101K$682K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.253%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h116.12+0.062%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.02−0.023%$51.9M$63.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.04−0.005%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0407%1h116.26+0.180%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.08+0.030%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0548%1h116.050.000%$27K$36K25xas long as short