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−0.0017%/8h= −1.9% APRnext payment $0.17 per $10,000 · paid last 24h −0.008%
Price spread now: Orderly against Variational Omni+0.138%7-day average +0.009% · 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 3 days (all we have)−0.015%−$2 on $10k
Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.138%, 7d avg +0.009%
Together, before fees−0.098%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.129% dearer against Variational Omni than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of +0.009%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SOL119.190.0100pay 0.0100% / 8h7h 10m$24.9M$130.2M
ShortOrderly PERP_SOL_USDC119.350.0083get 0.0083% / 8h7h 10m$1.1M$5.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Variational Omni. 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
−$3.57
Price spread: +0.138% → +0.009%
$12.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.35
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Orderly: 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 Variational Omni RFQ quote, 4 min ago1.22 bpdoesn't fit1.2 bp −$125.8 bp −$583doesn't fit
Sell Orderly no order-book sample
Orderly: 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
Derive SOL-PERP−0.0082%1h119.26+0.059%$2.0M$2.7M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.36+0.147%$933$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.30+0.098%$608K20xas long as short
Hibachi SOL/USDT-P−0.0040%1h119.30+0.093%$109K$670K20xas long as short
HTX SOL-USDT−0.0027%8h119.19+0.001%$231.9M$43.9M75xas long as short
dYdX SOL-USD−0.0018%1h119.36+0.147%$4.9M$25.5M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.25+0.055%$32.4M$97.0M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.39+0.174%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.40+0.178%$1.2M$20.0M3.1xas long as short
Perpl SOL0.0000%43m119.38+0.161%$125K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0020%1h119.28+0.081%$26.7M$24.8M50xas long as short
01 Exchange SOLUSD+0.0032%1h119.39+0.172%$104K$160K20xas long as short
BingX SOL-USDC+0.0080%8h119.27+0.069%$10.6Mas long as short
Orderly PERP_SOL_USDCshort+0.0083%8h119.35+0.138%$1.1M$5.9M100x
Coinbase International SOL-PERP-INTX+0.0088%1h119.29+0.089%$8.1M$410.3M50xas long as short
Bluefin SOL-PERP+0.0092%1h119.34+0.128%$37K$17K25xas long as short
Gate SOL_USDT+0.0094%8h119.31+0.105%$856.9M$672.8M100xas long as short
Lighter SOL+0.0096%1h119.25+0.057%$13.7M$57.1M25xas long as short
Lighter RH SOL+0.0096%1h119.24+0.046%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.30+0.098%$350K$253K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.37+0.152%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.33+0.121%$46K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.39+0.173%$6.2M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.43+0.205%$731.5M$399.6M20xas long as short
Aster SOLUSDT+0.0100%8h119.38+0.164%$180.4M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.41+0.189%$12.3M$125.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.29+0.086%$982.2M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h119.35+0.138%$829.4M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.29+0.088%$373.0M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.29+0.088%$234K$833K10xas long as short
Arcus SOL-USD+0.0100%1h119.29+0.086%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.76−0.359%$137.0M$12.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.28+0.079%$433.7M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.25+0.057%$139.1M$203.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.31+0.106%$495.2M$438.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.32+0.113%$24.1M$36.7M50xas long as short
Variational Omni SOLlong+0.0100%8h119.19long leg$24.9M$130.2M
edgeX SOLUSDC+0.0100%4h119.20+0.012%$95.7M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.13−0.043%$48.8M$29.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.26+0.063%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h119.20+0.012%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.39+0.172%$361K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.38+0.162%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.36+0.149%$194K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24+0.046%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.32+0.113%$46.7M$99.4M50xas long as short
Extended SOL-USD+0.0104%1h119.26+0.067%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.28+0.079%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.17−0.014%$225.6M500xas long as short
RISEx SOL/USDC+0.0161%1h119.35+0.134%$1.8M$4.5M20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.147%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h119.37+0.159%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.15−0.030%$51.9M$74.3M125xas long as short
Aftermath Perps SOLUSD+0.0222%1h119.24+0.047%$25K$51K20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h119.40+0.178%$3.7M200xas long as short