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+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.022%
Price spread now: StandX against Deribit+0.127%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 3 days (all we have)−0.055%−$6 · spread now +0.127%, 7d avg −0.018%
Together, before fees+0.091%+ Points / potential airdropStandX: Active · farm board+$9 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 StandX is 0.145% dearer against Deribit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOL_USDC-PERPETUAL119.210.0060pay 0.0008% / 1h20m 00s$26.7M$27.7M50x
ShortStandX SOL-USD119.360.0100get 0.0013% / 1h20m 00s$1.4M$13.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$8.3
Price spread: +0.127% → −0.018%
$14.5
Slippage, 4 orders
−$13.15
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$5.35
Costs to cover
0.281%
Break-even
11.5 days
Slippage from Deribit: live order book, 4 min ago; StandX: live order book, 4 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, 4 min ago0.04 bp3.5 bp −$45.9 bp −$5922.8 bp −$2,278doesn't fit
Sell StandX live order book, 4 min ago5.87 bp9.9 bp −$1010.5 bp −$105doesn'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−0.0424%1h119.17−0.030%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.08−0.110%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.28+0.059%$846$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.21+0.001%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.29+0.071%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.23+0.016%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.30+0.074%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.30+0.080%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.39+0.156%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.127%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUALlong+0.0060%1h119.21long leg$26.7M$27.7M50x
Aftermath Perps SOLUSD+0.0065%1h119.31+0.088%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.18−0.027%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.25+0.035%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h119.17−0.031%$10.5Mas long as short
HTX SOL-USDT+0.0082%8h119.17−0.031%$232.0M$45.0M75xas long as short
Gate SOL_USDT+0.0089%8h119.16−0.040%$869.6M$685.3M100xas long as short
Lighter SOL+0.0096%1h119.17−0.036%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.15−0.051%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16−0.040%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.26+0.045%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.25+0.035%$47K$796K20xas long as short
Nado SOL-PERP+0.0100%1h119.28+0.058%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.25+0.035%$718.4M$417.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.17−0.033%$178.4M$177.0M100xas long as short
Pacifica SOL+0.0100%1h119.31+0.088%$12.4M$117.8M20xas long as short
Binance SOLUSDT+0.0100%8h119.17−0.032%$984.5M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.22+0.010%$824.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.20−0.007%$372.3M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.38+0.144%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.34+0.111%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.062%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.17−0.032%$456.6M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.17−0.030%$140.2M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.16−0.045%$495.2M$455.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.18−0.024%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.34+0.111%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.14−0.053%$95.7M$400.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.37+0.136%$48.9M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.24+0.027%$1.5M$6.2M50xas long as short
StandX SOL-USDshort+0.0100%1h119.36+0.127%$1.4M$13.4M30x
Polymarket Perps SOL-USD+0.0100%1h119.21+0.002%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.21−0.002%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.17−0.034%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.16−0.040%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.21+0.002%$46.6M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.12−0.070%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.18−0.020%$8.1M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.29+0.071%$223.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.17−0.035%$32.6M$96.0M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0068%1h119.22+0.011%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.20−0.009%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.33+0.105%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.144%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.33+0.102%$52.2M$82.9M125xas long as short