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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:07 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Ondo Perps against Perpl−0.084%7-day average +0.025% · 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 7 days+0.320%+$32 on $10k
Price spread, last 7 days−0.233%−$23 · spread now −0.084%, 7d avg +0.025%
Together, before fees+0.087%+ Points / potential airdropPerpl: Active · Ondo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.110% cheaper against Perpl than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.025%). If the spread goes back, that is −$11 on $10k: about 3.7 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl SOL116.240get 0.0000% / 43m9m 59s$99K$3.4M8.3x
ShortOndo Perps SOL-USD.P116.140.0100get 0.0013% / 1h37m 59s$218K$844K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Perpl. 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
$21
Price spread: −0.084% → +0.025%
−$10.97
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.77
Costs to cover
0.188%
Break-even
9.9 days
Slippage unknown: Perpl: no order-book sample; Ondo 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 Perpl no order-book sample
Sell Ondo Perps no order-book sample
Perpl and 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
Hotstuff SOL-PERP−0.0080%1h116.19−0.039%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.30+0.056%$32.3M$105.5M100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.28+0.040%$42K150xas long as short
Vest SOL-PERP−0.0001%1h116.22−0.011%$636K20xas long as short
dYdX SOL-USD0.0000%1h116.25+0.012%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.18−0.050%$1.4M$19.4M3.1xas long as short
Perpl SOLlong0.0000%43m116.24long leg$99K$3.4M8.3x
Derive SOL-PERP+0.0007%1h116.19−0.040%$1.8M$2.9M13xas long as short
Deribit SOL_USDC-PERPETUAL+0.0023%1h116.33+0.078%$26.2M$21.6M50xas long as short
Bitget SOLUSDT+0.0025%8h116.29+0.048%$479.7M$451.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOLUSDT+0.0029%8h116.29+0.045%$731.2M$1.39B100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h116.30+0.052%$7.8M$393.2M50xas long as short
Aster SOLUSDT+0.0052%8h116.30+0.053%$177.0M$169.6M100xas long as short
Orderly PERP_SOL_USDC+0.0068%8h116.26+0.020%$1.0M$5.9M100xas long as short
Gate SOL_USDT+0.0073%8h116.27+0.028%$848.3M$610.4M100xas long as short
SoDEX SOL-USD+0.0089%1h116.26+0.019%$6.1M$11.0M20xas long as short
Lighter SOL+0.0096%1h116.26+0.022%$13.0M$56.0M25xas long as short
Lighter RH SOL+0.0096%1h116.25+0.013%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.25+0.012%$351K$249K20xas long as short
Paradex SOL-USD-PERP+0.0097%8h116.18−0.052%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.21−0.024%$64K$901K20xas long as short
Nado SOL-PERP+0.0100%1h116.22−0.014%$5.4M$41.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.40+0.139%$695.5M$404.4M20xas long as short
Pacifica SOL+0.0100%1h116.23−0.011%$15.7M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.30+0.051%$961.7M$3.83B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.31+0.062%$366.0M$1.74B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h116.14−0.084%$218K$844K10x
Arcus SOL-USD+0.0100%1h116.26+0.017%$932K$8.5M20xas long as short
MEXC SOL_USDT+0.0100%8h116.28+0.036%$374.4M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.26+0.022%$129.7M$237.4M75xas long as short
BingX SOL-USDT+0.0100%8h116.29+0.048%$371.8Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.31+0.062%$22.9M$36.2M50xas long as short
Variational Omni SOL+0.0100%8h116.24−0.002%$24.8M$105.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.27+0.029%$93.4M$404.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.40+0.139%$47.6M$28.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.30+0.053%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.28+0.036%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.28+0.036%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.27+0.028%$282K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h116.25+0.011%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.20−0.035%$225.0M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.26+0.019%$45.2M$103.2M50xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.009%$125.8M$25.7M20xas long as short
Extended SOL-USD+0.0104%1h116.27+0.025%$8.2M$36.4M50xas long as short
Hibachi SOL/USDT-P+0.0104%1h116.31+0.064%$100K$683K20xas long as short
01 Exchange SOLUSD+0.0112%1h116.31+0.062%$101K$182K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.15−0.074%$230.9M500xas long as short
Phoenix SOL+0.0124%1h116.33+0.079%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.088%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h116.24−0.001%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.24+0.002%$52.0M$64.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.27+0.030%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0408%1h116.34+0.086%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.29+0.041%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0800%1h116.25+0.009%$27K$36K25xas long as short