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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Bullet against Ondo Perps−0.015%7-day average +0.019% · 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)−0.006%−$1 on $10k
Price spread, last 7 days+0.061%+$6 · spread now −0.015%, 7d avg +0.019%
Together, before fees+0.055%+ Points / potential airdropOndo Perps: Active · farm board+$6 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: Bullet is 0.034% cheaper against Ondo Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P115.570.0100pay 0.0013% / 1h27m 17s$215K$869K10x
ShortBullet SOL-USD115.550.0093get 0.0012% / 1h27m 17s$147K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Ondo 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
−$1.57
Price spread: −0.015% → +0.019%
−$3.37
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$17.94
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bullet: 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 Ondo Perps no order-book sample
Sell Bullet live order book, 2 min ago0.30 bp5.4 bp −$58.7 bp −$87doesn't fitdoesn't fit
Ondo 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
Kraken Futures PF_SOLUSD−0.0242%1h115.56−0.005%$31.6M$103.0M100xas long as short
Hibachi SOL/USDT-P−0.0176%1h115.63+0.050%$103K$693K20xas long as short
BingX SOL-USDC−0.0116%8h115.50−0.058%$10.6Mas long as short
Bybit SOLUSDT−0.0115%8h115.52−0.043%$738.1M$1.42B100xas long as short
Vest SOL-PERP−0.0085%1h115.58+0.010%$625K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.02+0.386%$1K$8K25xas long as short
Derive SOL-PERP−0.0073%1h115.47−0.084%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.57−0.002%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h115.570.000%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m115.61+0.031%$112K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0012%1h115.60+0.027%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0016%1h115.59+0.017%$98K$177K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0021%1h115.60+0.030%$26.2M$21.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h115.56−0.012%$7.7M$402.1M50xas long as short
Bitget SOLUSDT+0.0067%8h115.52−0.043%$477.9M$456.0M100xas long as short
Bullet SOL-USDshort+0.0093%1h115.55−0.015%$147K$1.6M20x
Orderly PERP_SOL_USDC+0.0096%8h115.57−0.001%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h115.54−0.028%$12.9M$61.0M25xas long as short
Lighter RH SOL+0.0096%1h115.53−0.032%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h115.56−0.009%$348K$247K20xas long as short
Aster SOLUSDT+0.0099%8h115.55−0.022%$173.8M$185.1M100xas long as short
Katana Perps SOL-USD+0.0099%8h115.56−0.009%$62K$911K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h115.63+0.051%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h115.58+0.010%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h115.67+0.087%$684.5M$400.8M20xas long as short
Pacifica SOL+0.0100%1h115.63+0.050%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h115.55−0.016%$960.8M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h115.54−0.026%$360.0M$1.72B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h115.57long leg$215K$869K10x
Arcus SOL-USD+0.0100%1h115.59+0.016%$912K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.84+0.234%$125.6M$19.8M20xas long as short
Gate SOL_USDT+0.0100%8h115.53−0.035%$837.5M$668.1M100xas long as short
MEXC SOL_USDT+0.0100%8h115.55−0.017%$354.9M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.56−0.004%$124.3M$229.5M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.65+0.069%$22.8M$39.8M50xas long as short
Variational Omni SOL+0.0100%8h115.67+0.084%$24.7M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h115.81+0.205%$93.0M$406.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.69+0.104%$47.4M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h115.86+0.255%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h115.65+0.069%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h115.55−0.017%$318K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h115.55−0.014%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h115.56−0.012%$188K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h115.55−0.017%$6.0M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h115.51−0.048%$223.8M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h115.570.000%$45.0M$104.6M50xas long as short
Extended SOL-USD+0.0104%1h115.49−0.067%$7.9M$38.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h115.56−0.005%$240.0M500xas long as short
Injective SOL/USDC PERP+0.0173%1h115.66+0.078%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h115.87+0.260%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h115.52−0.040%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h115.56−0.009%$51.5M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h115.56−0.010%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h115.63+0.048%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0595%1h115.82+0.214%$25K$53K20xas long as short