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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0272%/8h= −29.7% APRnext payment $0.34 per $10,000 · paid last 24h −0.092%
Price spread now: Hotstuff against RISEx−0.028%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Hotstuff is 0.028% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC119.160.0192pay 0.0024% / 1h14m 47s$1.7M$5.8M20x
ShortHotstuff SOL-PERP119.13−0.0080pay 0.0010% / 1h14m 47s$845$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against RISEx. 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
−$57.04
Price spread: −0.028% → 0.000%
−$2.78
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$70.83
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 4 min ago; Hotstuff: 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 RISEx live order book, 4 min ago0.04 bp5.0 bp −$57.7 bp −$77doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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−0.0334%1h119.13−0.029%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.06−0.087%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERPshort−0.0080%1h119.13−0.028%$845$8K25x
Vest SOL-PERP−0.0064%1h119.10−0.050%$722K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.15−0.012%$112K150xas long as short
dYdX SOL-USD−0.0001%1h119.22+0.050%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.20+0.033%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.18+0.011%$177K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0048%1h119.26+0.084%$119K$612K20xas long as short
Phoenix SOL+0.0054%1h119.28+0.097%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0067%1h119.26+0.078%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0068%8h119.160.000%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h119.16−0.003%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h119.17+0.004%$10.5Mas long as short
HTX SOL-USDT+0.0081%8h119.17+0.005%$232.0M$45.0M75xas long as short
Gate SOL_USDT+0.0092%8h119.18+0.013%$870.0M$686.6M100xas long as short
Lighter SOL+0.0096%1h119.15−0.009%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.160.000%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.17+0.002%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.10−0.057%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.14−0.020%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.12−0.036%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.27+0.089%$718.5M$417.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.17+0.005%$178.4M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.20+0.027%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.15−0.015%$984.0M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.18+0.013%$827.2M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.13−0.029%$372.6M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.19+0.022%$233K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.18+0.010%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.099%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.16−0.003%$459.7M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.15−0.009%$140.1M$201.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.18+0.011%$495.6M$455.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.21+0.038%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.22+0.047%$27.3M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23+0.058%$95.8M$401.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.17+0.005%$48.8M$31.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.19+0.023%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.26+0.080%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.13−0.029%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.13−0.031%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.13−0.031%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.19+0.022%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.19+0.022%$46.6M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.15−0.011%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.23+0.059%$8.2M$416.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.15−0.008%$224.2M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.24+0.061%$32.7M$96.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0161%1h119.26+0.080%$26.7M$27.7M50xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0072%1h119.15−0.013%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.11−0.041%$1.1M$552K25xas long as short
RISEx SOL/USDClong+0.0192%1h119.16long leg$1.7M$5.8M20x
Injective SOL/USDC PERP+0.0213%1h119.38+0.181%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.20+0.030%$52.1M$82.8M125xas long as short