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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.059%
Price spread now: RISEx against Deribit+0.106%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$160.159% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.172%+$17 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now +0.106%, 7d avg −0.006%
Together, before fees+0.220%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and RISEx is 0.111% dearer against Deribit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOL_USDC-PERPETUAL119.110.0109pay 0.0014% / 1h6m 38s$26.7M$27.8M50x
ShortRISEx SOL/USDC119.230.0192get 0.0024% / 1h6m 38s$1.7M$5.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Deribit. 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
$17.43
Price spread: +0.106% → −0.006%
$11.14
Slippage, 4 orders
−$2.94
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$12.63
Costs to cover
0.159%
Break-even
1.9 days
Slippage from Deribit: live order book, 3 min ago; RISEx: live order book, 2 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 Deribit live order book, 3 min ago0.34 bp4.9 bp −$56.1 bp −$6115.7 bp −$1,565doesn't fit
Sell RISEx live order book, 2 min ago0.04 bp3.4 bp −$37.3 bp −$73doesn't fitdoesn't fit

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
Bluefin SOL-PERP−0.0230%1h119.03−0.063%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h118.91−0.163%$843$8K25xas long as short
Vest SOL-PERP−0.0064%1h118.95−0.133%$723K20xas long as short
Derive SOL-PERP−0.0052%1h118.96−0.122%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.05−0.051%$112K150xas long as short
dYdX SOL-USD−0.0001%1h119.14+0.031%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.95−0.130%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.03−0.065%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h118.90−0.174%$6.5M$13.6M25xas long as short
Orderly PERP_SOL_USDC+0.0069%8h119.04−0.053%$1.1M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0072%1h119.01−0.081%$104K$156K20xas long as short
Hibachi SOL/USDT-P+0.0072%1h118.91−0.169%$119K$614K20xas long as short
Aftermath Perps SOLUSD+0.0074%1h119.02−0.075%$24K$47K20xas long as short
BingX SOL-USDT+0.0080%8h119.19+0.074%$374.6Mas long as short
HTX SOL-USDT+0.0082%8h118.92−0.156%$231.5M$45.1M75xas long as short
Gate SOL_USDT+0.0088%8h119.12+0.011%$869.8M$689.2M100xas long as short
Lighter SOL+0.0096%1h119.17+0.054%$13.6M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h119.15+0.036%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.01−0.080%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.15+0.041%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.97−0.115%$45K$807K20xas long as short
Nado SOL-PERP+0.0100%1h119.00−0.090%$6.0M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.25+0.120%$718.1M$408.4M20xas long as short
Aster SOLUSDT+0.0100%8h119.16+0.045%$178.4M$176.4M100xas long as short
Pacifica SOL+0.0100%1h119.20+0.082%$12.3M$119.0M20xas long as short
Binance SOLUSDT+0.0100%8h119.18+0.061%$981.8M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h119.19+0.070%$829.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.19+0.070%$372.1M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.08−0.022%$233K$888K10xas long as short
Arcus SOL-USD+0.0100%1h119.23+0.102%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.85−0.216%$133.1M$7.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.18+0.062%$452.8M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.17+0.051%$139.6M$202.2M75xas long as short
Bitget SOLUSDT+0.0100%8h119.19+0.070%$496.3M$456.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.15+0.036%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h118.87−0.200%$27.5M$128.4Mas long as short
edgeX SOLUSDC+0.0100%4h118.86−0.207%$95.5M$400.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.99−0.098%$48.7M$31.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.96−0.123%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h118.91−0.165%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.04−0.056%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.04−0.056%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.90−0.176%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.07−0.031%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.10−0.006%$46.5M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.15+0.033%$8.7M$36.2M50xas long as short
Deribit SOL_USDC-PERPETUALlong+0.0109%1h119.11long leg$26.7M$27.8M50x
Coinbase International SOL-PERP-INTX+0.0112%1h119.12+0.013%$8.3M$416.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.00−0.086%$225.0M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.09−0.012%$32.6M$97.0M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0072%1h119.05−0.052%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.03−0.064%$1.1M$551K25xas long as short
RISEx SOL/USDCshort+0.0192%1h119.23+0.106%$1.7M$5.6M20x
Injective SOL/USDC PERP+0.0213%1h119.02−0.073%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.10−0.006%$52.1M$84.2M125xas long as short