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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0156%/8h= −17.1% APRnext payment $0.20 per $10,000 · paid last 24h −0.044%
Price spread now: Jupiter Perps against Ondo Perps−0.086%7-day average +0.022% · 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)−0.149%−$15 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now −0.086%, 7d avg +0.022%
Together, before fees−0.242%+ Points / potential airdropOndo Perps: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Jupiter Perps is 0.108% cheaper against Ondo Perps than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P117.800.0100pay 0.0013% / 1h12m 14s$239K$864K10x
ShortJupiter Perps SOL-PERP117.70L +0.0112% / S +0.0056%pay 0.0007% / 1h12m 14s$215.6M500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Jupiter Perps 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
−$32.76
Price spread: −0.086% → +0.022%
−$10.76
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
−$60.52
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Jupiter Perps: no order-book sample. 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 Jupiter Perps no order-book sample
Ondo Perps and 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
Bluefin SOL-PERP−0.0086%1h117.66−0.121%$25K$28K25xas long as short
Hotstuff SOL-PERP−0.0080%1h117.73−0.056%$921$8K25xas long as short
Vest SOL-PERP−0.0070%1h117.65−0.127%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.65−0.124%$31.5M$98.8M100xas long as short
Derive SOL-PERP−0.0010%1h117.58−0.184%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.67−0.111%$57K150xas long as short
dYdX SOL-USD0.0000%1h117.74−0.054%$4.5M$24.1M20xas long as short
Hibachi SOL/USDT-P+0.0040%1h117.85+0.038%$105K$696K20xas long as short
01 Exchange SOLUSD+0.0064%1h117.71−0.076%$100K$165K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h117.67−0.107%$7.9M$403.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0069%1h117.70−0.084%$26.4M$24.9M50xas long as short
Orderly PERP_SOL_USDC+0.0090%8h117.66−0.117%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.65−0.126%$13.2M$60.0M25xas long as short
Lighter RH SOL+0.0096%1h117.64−0.137%$2.1M$16.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.65−0.127%$345K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.69−0.093%$54K$852K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.73−0.056%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.73−0.056%$5.8M$38.8M40xas long as short
Aster SOLUSDT+0.0100%8h117.66−0.122%$177.2M$180.3M100xas long as short
Pacifica SOL+0.0100%1h117.76−0.036%$14.5M$128.5M20xas long as short
Binance SOLUSDT+0.0100%8h117.63−0.141%$969.8M$3.72B100xas long as short
Bybit SOLUSDT+0.0100%8h117.67−0.110%$830.8M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.64−0.136%$366.0M$1.64B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h117.80long leg$239K$864K10x
Arcus SOL-USD+0.0100%1h117.72−0.065%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h117.96+0.139%$136.3M$17.1M20xas long as short
Gate SOL_USDT+0.0100%8h117.63−0.144%$857.8M$654.3M100xas long as short
MEXC SOL_USDT+0.0100%8h117.65−0.127%$425.3M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.70−0.087%$130.6M$213.4M75xas long as short
Bitget SOLUSDT+0.0100%8h117.64−0.132%$487.5M$431.3M100xas long as short
BingX SOL-USDT+0.0100%8h117.66−0.118%$363.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.65−0.127%$23.7M$37.2M50xas long as short
Variational Omni SOL+0.0100%8h118.04+0.205%$24.4M$114.5Mas long as short
edgeX SOLUSDC+0.0100%4h117.86+0.052%$94.7M$394.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.96+0.136%$48.3M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.83+0.025%$1.7M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.86+0.051%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.67−0.110%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.68−0.102%$199K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h117.67−0.110%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.65−0.127%$6.2M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h117.81+0.006%$228.8M$45.5M75xas long as short
Phemex SOLUSDT+0.0100%8h117.68−0.102%$45.9M$100.5M50xas long as short
Kalshi KXSOLPERP+0.0103%8h117.72−0.068%$1.4M$19.3M3.1xas long as short
Extended SOL-USD+0.0104%1h117.61−0.161%$8.2M$36.1M50xas long as short
Jupiter Perps SOL-PERPshortL +0.0112% / S +0.0056%1h117.70−0.086%$215.6M500x
Phoenix SOL+0.0129%1h117.89+0.076%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.77−0.026%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0173%1h117.77−0.025%$720.6M$390.1M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.64−0.136%$1.1M$537K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.49−0.263%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.69−0.093%$51.8M$71.5M125xas long as short
Perpl SOL+0.0223%43m117.76−0.036%$127K$3.8M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.68−0.098%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0412%1h117.85+0.042%$25K$51K20xas long as short