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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:23 UTC+0.0485%/8h= +53.1% APRpaid last 24h +0.071%
Price spread now: RISEx against Perpl+0.063%7-day average +0.021% · you sell dearer than you buy
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)+0.315%+$31 on $10k
Price spread, last 7 days−0.058%−$6 · spread now +0.063%, 7d avg +0.021%
Together, before fees+0.257%+ Points / potential airdropPerpl: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and RISEx is 0.041% dearer against Perpl than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl SOL116.190get 0.0000% / 43m1m 05s$99K$3.5M8.3x
ShortRISEx SOL/USDC116.270.0485get 0.0061% / 1h12m 05s$2.1M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$101.78
Price spread: +0.063% → +0.021%
$4.1
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$86.08
Costs to cover
0.198%
Break-even
1.1 days
Slippage unknown: Perpl: no order-book sample; RISEx: 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 Perpl no order-book sample
Sell RISEx live order book, 2 min ago0.04 bp3.0 bp −$35.8 bp −$58doesn't fitdoesn't fit
Perpl: 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−0.0153%1h116.25+0.051%$32.3M$106.7M100xas long as short
Bybit SOLUSDT−0.0096%8h116.21+0.010%$733.4M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.32+0.112%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0056%1h116.21+0.014%$101K$676K20xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.143%$4K$2K12xas long as short
Vest SOL-PERP−0.0033%1h116.21+0.017%$649K20xas long as short
Derive SOL-PERP−0.0008%1h116.16−0.026%$1.8M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.25+0.044%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.25+0.046%$1.4M$19.4M3.1xas long as short
Perpl SOLlong0.0000%43m116.19long leg$99K$3.5M8.3x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0005%1h116.23+0.034%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0023%8h116.20+0.009%$479.4M$456.0M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.25+0.045%$7.8M$397.9M50xas long as short
Aster SOLUSDT+0.0052%8h116.21+0.018%$177.0M$169.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0067%1h116.27+0.067%$26.3M$21.7M50xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.24+0.040%$1.0M$6.1M100xas long as short
01 Exchange SOLUSD+0.0072%1h116.26+0.057%$100K$182K20xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.21+0.016%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.22+0.022%$13.1M$60.9M25xas long as short
Lighter RH SOL+0.0096%1h116.20+0.005%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.22+0.020%$350K$256K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.15−0.038%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.19−0.005%$5.3M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h116.30+0.094%$695.8M$408.8M20xas long as short
Pacifica SOL+0.0100%1h116.22+0.024%$15.7M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.22+0.022%$961.1M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.21+0.014%$366.0M$1.76B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.13−0.055%$223K$856K10xas long as short
Arcus SOL-USD+0.0100%1h116.21+0.011%$921K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.21+0.012%$125.5M$25.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.22+0.022%$844.3M$669.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.21+0.014%$372.6M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.22+0.020%$129.2M$236.2M75xas long as short
BingX SOL-USDC+0.0100%8h116.18−0.014%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.23+0.031%$22.8M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.09−0.092%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.11−0.073%$93.2M$406.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.13−0.055%$47.6M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.15−0.038%$1.1M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.17−0.021%$1.3M$11.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.24+0.040%$316K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.25+0.047%$281K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.21+0.015%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.24+0.036%$189K$1.7M30xas long as short
SoDEX SOL-USD+0.0100%1h116.22+0.022%$6.1M$11.0M20xas long as short
HTX SOL-USDT+0.0100%8h116.20+0.007%$225.0M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.22+0.022%$45.2M$104.2M50xas long as short
Extended SOL-USD+0.0104%1h116.17−0.019%$8.2M$36.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.20+0.001%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.21+0.014%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.22+0.021%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.21+0.014%$52.0M$65.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.25+0.045%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0445%1h116.21+0.013%$25K$57K20xas long as short
RISEx SOL/USDCshort+0.0485%1h116.27+0.063%$2.1M$4.8M20x