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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Hyperliquid against Aevo+0.040%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 3 days (all we have)+0.307%+$31 · spread now +0.040%, 7d avg +0.072%
Together, before fees+0.349%+ Points / potential airdropHyperliquid: Season 2 · farm board+$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.032% cheaper against Aevo than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo SOL-PERP118.680.0096pay 0.0012% / 1h44m 37s$353K$741K20x
ShortHyperliquid SOL118.730.0100get 0.0013% / 1h44m 37s$715.9M$424.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aevo. 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
$0.84
Price spread: +0.040% → +0.072%
−$3.24
Slippage, 4 orders
−$33.04
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$60.44
Costs to cover
0.580%
Break-even
510.7 days
Slippage from Aevo: live order book, 44 min ago; Hyperliquid: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 44 min ago9.60 bp28.5 bp −$2935.5 bp −$35549.3 bp −$4,929doesn't fit
Sell Hyperliquid live order book, 9 min ago0.42 bp4.9 bp −$55.9 bp −$599.1 bp −$90814.7 bp −$7,369

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
Injective SOL/USDC PERP−0.0151%1h118.89+0.175%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.62−0.049%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0080%1h118.73+0.039%$724K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.64−0.036%$841$8K25xas long as short
Aftermath Perps SOLUSD−0.0049%1h118.89+0.177%$24K$48K20xas long as short
dYdX SOL-USD−0.0006%1h118.67−0.011%$4.9M$26.8M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.76+0.065%$48K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.79+0.091%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.81+0.105%$179K$4.1M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0009%1h118.73+0.041%$26.6M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0058%8h118.72+0.032%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.75+0.057%$104K$153K20xas long as short
HTX SOL-USDT+0.0073%8h118.61−0.064%$231.1M$43.6M75xas long as short
ApeX Omni SOLUSDT+0.0074%1h118.90+0.183%$1.5M$6.2M50xas long as short
Gate SOL_USDT+0.0084%8h118.67−0.011%$857.2M$676.9M100xas long as short
KuCoin SOLUSDTM+0.0093%8h118.65−0.029%$143.5M$196.5M75xas long as short
Lighter SOL+0.0096%1h118.65−0.024%$13.4M$53.2M25xas long as short
Lighter RH SOL+0.0096%1h118.67−0.011%$2.0M$16.6M25xas long as short
Aevo SOL-PERPlong+0.0096%1h118.68long leg$353K$741K20x
Paradex SOL-USD-PERP+0.0099%8h118.65−0.029%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.71+0.023%$45K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.76+0.066%$5.5M$40.7M40xas long as short
Hyperliquid SOLshort+0.0100%1h118.73+0.040%$715.9M$424.5M20x
Aster SOLUSDT+0.0100%8h118.67−0.011%$178.9M$173.6M100xas long as short
Pacifica SOL+0.0100%1h118.70+0.017%$12.3M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.67−0.011%$970.1M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.680.000%$818.4M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.65−0.027%$369.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.65−0.027%$233K$860K10xas long as short
Arcus SOL-USD+0.0100%1h118.77+0.069%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.168%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.67−0.011%$465.7M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.70+0.012%$495.4M$448.7M100xas long as short
BingX SOL-USDC+0.0100%8h118.65−0.026%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.66−0.019%$24.2M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h118.85+0.137%$27.6M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.91+0.191%$95.5M$397.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.83+0.123%$48.6M$33.0M20xas long as short
StandX SOL-USD+0.0100%1h118.88+0.166%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.76+0.065%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.73+0.037%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.72+0.031%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.74+0.052%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.65−0.027%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.69+0.006%$46.3M$100.0M50xas long as short
Extended SOL-USD+0.0104%1h118.69+0.004%$8.6M$37.2M50xas long as short
Hibachi SOL/USDT-P+0.0112%1h118.87+0.159%$123K$606K20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0048%1h118.77+0.076%$218.1M500xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.72+0.027%$8.0M$413.3M50xas long as short
Phoenix SOL+0.0154%1h118.92+0.200%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.76+0.062%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h118.76+0.064%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.75+0.056%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.67−0.011%$51.7M$87.0M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.68−0.004%$36.0M$89.8M100xas long as short