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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.044%
Price spread now: RISEx against Aevo+0.340%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$400.402% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.097%+$10 on $10k
Price spread, last 3 days (all we have)−0.255%−$25 · spread now +0.340%, 7d avg +0.029%
Together, before fees−0.158%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.310% dearer against Aevo than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo SOL-PERP117.300.0096pay 0.0012% / 1h56m 27s$344K$225K20x
ShortRISEx SOL/USDC117.700.0136get 0.0017% / 1h56m 27s$1.9M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$8.33
Price spread: +0.340% → +0.029%
$31.05
Slippage, 4 orders
−$18.19
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$0.81
Costs to cover
0.402%
Break-even
7.7 days
Slippage from Aevo: live order book, 8 min ago; RISEx: live order book, 3 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, 8 min ago1.79 bp16.1 bp −$1623.2 bp −$23233.4 bp −$3,335doesn't fit
Sell RISEx live order book, 3 min ago0.04 bp4.3 bp −$47.5 bp −$75doesn't fitdoesn't fit

SOL on 54 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
Hotstuff SOL-PERP−0.0080%1h117.67+0.316%$920$8K25xas long as short
Vest SOL-PERP−0.0057%1h117.50+0.170%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.30+0.001%$31.5M$98.3M100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.58+0.245%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.56+0.224%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.34+0.034%$1.4M$20.1M3.1xas long as short
Derive SOL-PERP+0.0009%1h117.22−0.067%$2.0M$2.8M13xas long as short
HTX SOL-USDT+0.0033%8h117.23−0.060%$227.8M$45.5M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0044%1h117.33+0.030%$26.3M$25.3M50xas long as short
01 Exchange SOLUSD+0.0048%1h117.63+0.284%$100K$162K20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.31+0.014%$8.0M$402.1M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.44+0.124%$100K$690K20xas long as short
BingX SOL-USDT+0.0080%8h117.67+0.322%$363.2Mas long as short
Gate SOL_USDT+0.0086%8h117.59+0.250%$850.4M$641.4M100xas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.30+0.006%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.57+0.235%$13.1M$58.9M25xas long as short
Lighter RH SOL+0.0096%1h117.53+0.199%$2.1M$16.2M25xas long as short
Aevo SOL-PERPlong+0.0096%1h117.30long leg$344K$225K20x
Katana Perps SOL-USD+0.0100%8h117.61+0.267%$67K$840K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.65+0.302%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.60+0.258%$5.8M$39.9M40xas long as short
Aster SOLUSDT+0.0100%8h117.54+0.205%$176.4M$177.1M100xas long as short
Pacifica SOL+0.0100%1h117.63+0.284%$14.5M$127.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.64+0.294%$969.9M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.64+0.292%$821.9M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.61+0.267%$366.7M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.61+0.267%$237K$851K10xas long as short
Arcus SOL-USD+0.0100%1h117.66+0.310%$2.0M$9.0M20xas long as short
MEXC SOL_USDT+0.0100%8h117.62+0.275%$423.8M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.61+0.270%$130.7M$211.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.61+0.264%$487.6M$433.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.35+0.045%$23.7M$37.0M50xas long as short
Variational Omni SOL+0.0100%8h117.45+0.134%$24.3M$120.0Mas long as short
edgeX SOLUSDC+0.0100%4h117.44+0.118%$94.3M$405.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.55+0.212%$48.2M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.56+0.224%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h117.49+0.164%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.62+0.275%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.60+0.261%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.27−0.023%$25K$28K25xas long as short
SunX SOL-USDT+0.0100%8h117.28−0.015%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.29−0.006%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.33+0.028%$45.7M$100.3M50xas long as short
Bulk SOL-USD+0.0100%1h117.46+0.135%$134.5M$14.2M20xas long as short
Phoenix SOL+0.0101%1h117.53+0.199%$6.5M$13.2M25xas long as short
Extended SOL-USD+0.0104%1h117.65+0.298%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.43+0.114%$221.2M500xas long as short
RISEx SOL/USDCshort+0.0136%1h117.70+0.340%$1.9M$4.9M20x
Reya SOLRUSDPERP+0.0189%1h117.61+0.264%$1.1M$523K25xas long as short
Hyperliquid SOL+0.0201%1h117.74+0.378%$718.5M$395.5M20xas long as short
Injective SOL/USDC PERP+0.0218%1h117.45+0.130%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.30+0.004%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0364%1h117.53+0.199%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.70+0.344%$128K$3.8M8.3xas long as short