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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.038%
Price spread now: Hyperliquid against Vest+0.133%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 3 days (all we have)+0.087%+$9 on $10k
Price spread, last 7 days−0.122%−$12 · spread now +0.133%, 7d avg +0.021%
Together, before fees−0.035%+ Points / potential airdropVest: Active · Hyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.112% dearer against Vest than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SOL-PERP118.50−0.0096get 0.0012% / 1h23m 09s$731K20x
ShortHyperliquid SOL118.660.0100get 0.0013% / 1h23m 09s$715.0M$438.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Vest. 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
$41.14
Price spread: +0.133% → +0.021%
$11.24
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$41.38
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Hyperliquid: live order book, 6 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 Vest no order-book sample
Sell Hyperliquid live order book, 6 min ago0.42 bp4.9 bp −$58.1 bp −$8113.1 bp −$1,306doesn't fit
Vest: 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
Vest SOL-PERPlong−0.0096%1h118.50long leg$731K20x
Hotstuff SOL-PERP−0.0080%1h118.54+0.030%$840$8K25xas long as short
Aftermath Perps SOLUSD−0.0063%1h118.82+0.267%$24K$48K20xas long as short
Derive SOL-PERP−0.0060%1h118.45−0.046%$2.0M$3.1M13xas long as short
dYdX SOL-USD−0.0015%1h118.54+0.035%$4.9M$26.7M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.51+0.009%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.54+0.036%$1.2M$21.0M3.1xas long as short
Perpl SOL0.0000%43m118.50−0.005%$194K$4.1M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0015%1h118.58+0.062%$26.6M$27.9M50xas long as short
01 Exchange SOLUSD+0.0024%1h118.54+0.032%$104K$154K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0053%8h118.50−0.005%$230.9M$43.5M75xas long as short
Orderly PERP_SOL_USDC+0.0054%8h118.54+0.030%$1.1M$5.8M100xas long as short
KuCoin SOLUSDTM+0.0066%8h118.50−0.005%$135.4M$183.7M75xas long as short
Gate SOL_USDT+0.0072%8h118.52+0.015%$853.8M$677.4M100xas long as short
Bitget SOLUSDT+0.0083%8h118.58+0.065%$495.2M$450.2M100xas long as short
Lighter SOL+0.0096%1h118.52+0.013%$13.4M$51.8M25xas long as short
Lighter RH SOL+0.0096%1h118.50−0.002%$2.0M$17.1M25xas long as short
Aevo SOL-PERP+0.0096%1h118.54+0.029%$352K$749K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.47−0.026%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.52+0.015%$48K$778K20xas long as short
Nado SOL-PERP+0.0100%1h118.50−0.001%$5.3M$40.6M40xas long as short
Hyperliquid SOLshort+0.0100%1h118.66+0.133%$715.0M$438.4M20x
Aster SOLUSDT+0.0100%8h118.53+0.024%$179.1M$173.4M100xas long as short
Pacifica SOL+0.0100%1h118.54+0.033%$13.4M$109.6M20xas long as short
Binance SOLUSDT+0.0100%8h118.53+0.024%$972.7M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h118.55+0.041%$817.5M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.54+0.032%$364.9M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.38−0.103%$233K$865K10xas long as short
Arcus SOL-USD+0.0100%1h118.53+0.019%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.26+0.637%$133.2M$15.2M20xas long as short
MEXC SOL_USDT+0.0100%8h118.53+0.024%$510.7M$1.07B300xas long as short
BingX SOL-USDC+0.0100%8h118.52+0.017%$10.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.56+0.049%$24.1M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h118.98+0.401%$26.0M$122.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.76+0.222%$95.4M$392.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.69+0.158%$48.6M$33.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.68+0.150%$1.5M$6.3M50xas long as short
StandX SOL-USD+0.0100%1h118.65+0.125%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.54+0.032%$359K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.59+0.075%$200K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.51+0.008%$37K$14K25xas long as short
SunX SOL-USDT+0.0100%8h118.48−0.017%$192K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.51+0.007%$6.2M$10.9M20xas long as short
Phemex SOLUSDT+0.0100%8h118.54+0.032%$46.2M$99.4M50xas long as short
Extended SOL-USD+0.0104%1h118.50−0.004%$8.7M$37.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0104%1h118.55+0.038%$8.0M$408.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.63+0.105%$217.6M500xas long as short
Kraken Futures PF_SOLUSD+0.0131%1h118.54+0.032%$36.1M$90.8M100xas long as short
Hibachi SOL/USDT-P+0.0136%1h118.62+0.096%$122K$590K20xas long as short
Phoenix SOL+0.0149%1h118.79+0.243%$7.3M$11.3M25xas long as short
RISEx SOL/USDC+0.0160%1h118.52+0.015%$1.6M$6.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.51+0.004%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h118.53+0.023%$1.1M$559K25xas long as short
BloFin SOL-USDT+0.0220%8h118.48−0.018%$51.6M$89.7M125xas long as short
Injective SOL/USDC PERP+0.0533%1h119.06+0.471%$4K$2K12xas long as short