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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: Ondo Perps against SoDEX−0.069%7-day average −0.015% · 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)+0.005%+$1 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.069%, 7d avg −0.015%
Together, before fees+0.075%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.054% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.015%). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.005% in total) that is about 35 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD116.250.0001pay 0.0000% / 1h35m 40s$6.1M$11.0M20x
ShortOndo Perps SOL-USD.P116.170.0100get 0.0013% / 1h35m 40s$217K$829K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SoDEX. 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
$20.82
Price spread: −0.069% → −0.015%
−$5.38
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$2.44
Costs to cover
0.130%
Break-even
6.2 days
Slippage unknown: SoDEX: live order book, 3 min ago; 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 SoDEX live order book, 3 min ago0.43 bp4.4 bp −$45.2 bp −$5216.9 bp −$1,685doesn't fit
Sell Ondo Perps no order-book sample
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−0.0153%1h116.30+0.041%$32.5M$106.7M100xas long as short
Hibachi SOL/USDT-P−0.0144%1h116.48+0.196%$96K$684K20xas long as short
Bybit SOLUSDT−0.0110%8h116.18−0.059%$734.7M$1.43B100xas long as short
Derive SOL-PERP−0.0081%1h116.19−0.050%$1.8M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h116.34+0.079%$1K$8K25xas long as short
Injective SOL/USDC PERP−0.0055%1h116.85+0.516%$4K$2K12xas long as short
Vest SOL-PERP−0.0050%1h116.29+0.031%$749K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.32+0.058%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.38+0.111%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.32+0.062%$106K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SOL-USDlong+0.0001%1h116.25long leg$6.1M$11.0M20x
dYdX SOL-USD+0.0006%1h116.36+0.092%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0023%8h116.22−0.028%$479.4M$458.0M100xas long as short
01 Exchange SOLUSD+0.0048%1h116.29+0.034%$98K$180K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.30+0.040%$7.9M$400.6M50xas long as short
Aster SOLUSDT+0.0054%8h116.21−0.034%$176.5M$168.8M100xas long as short
Lighter RH SOL+0.0056%1h116.21−0.031%$2.1M$16.7M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0067%1h116.35+0.089%$26.4M$22.0M50xas long as short
Orderly PERP_SOL_USDC+0.0073%8h116.30+0.040%$1.0M$5.9M100xas long as short
Paradex SOL-USD-PERP+0.0092%8h116.24−0.011%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.23−0.019%$13.1M$60.5M25xas long as short
Aevo SOL-PERP+0.0096%1h116.27+0.014%$350K$256K20xas long as short
Gate SOL_USDT+0.0098%8h116.250.000%$845.3M$663.3M100xas long as short
Katana Perps SOL-USD+0.0100%8h116.15−0.086%$64K$913K20xas long as short
Nado SOL-PERP+0.0100%1h116.29+0.035%$5.4M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h116.38+0.111%$701.5M$406.1M20xas long as short
Pacifica SOL+0.0100%1h116.29+0.030%$15.7M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.22−0.023%$962.9M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.20−0.043%$367.7M$1.77B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h116.17−0.069%$217K$829K10x
Arcus SOL-USD+0.0100%1h116.20−0.042%$890K$8.5M20xas long as short
MEXC SOL_USDT+0.0100%8h116.19−0.052%$368.7M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.26+0.009%$132.0M$234.1M75xas long as short
BingX SOL-USDT+0.0100%8h116.19−0.055%$373.8Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.27+0.017%$23.0M$35.9M50xas long as short
Variational Omni SOL+0.0100%8h116.22−0.024%$24.8M$108.6Mas long as short
edgeX SOLUSDC+0.0100%4h116.49+0.209%$93.5M$405.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.54+0.249%$47.7M$29.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.72+0.404%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.37+0.103%$1.3M$11.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.28+0.026%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.35+0.086%$248K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.32+0.062%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.27+0.019%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.21−0.036%$225.0M$50.6M75xas long as short
Phemex SOLUSDT+0.0100%8h116.30+0.043%$45.2M$104.5M50xas long as short
Bulk SOL-USD+0.0100%1h116.55+0.258%$126.1M$26.3M20xas long as short
Extended SOL-USD+0.0104%1h116.16−0.081%$8.2M$37.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.28+0.028%$233.9M500xas long as short
Phoenix SOL+0.0130%1h116.76+0.439%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0195%1h116.26+0.012%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.27+0.017%$51.8M$65.8M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.32+0.063%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0480%1h116.55+0.262%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.250.000%$2.1M$4.8M20xas long as short