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+0.0298%/8h= +32.7% APRnext payment +$0.37 per $10,000 · paid last 24h +0.075%
Price spread now: RISEx against Derive+0.121%7-day average +0.049% · 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)+0.144%+$14 on $10k
Price spread, last 3 days (all we have)+0.020%+$2 · spread now +0.121%, 7d avg +0.049%
Together, before fees+0.163%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.073% dearer against Derive than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive SOL-PERP119.04−0.0107get 0.0013% / 1h14m 26s$2.0M$3.0M13x
ShortRISEx SOL/USDC119.180.0192get 0.0024% / 1h14m 26s$1.7M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Derive. 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
$62.66
Price spread: +0.121% → +0.049%
$7.29
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee RISEx: 3 bp × 2 orders
−$6
Net
$57.95
Costs to cover
0.120%
Break-even
0.5 days
Slippage unknown: Derive: no order-book sample; RISEx: live order book, 5 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 Derive no order-book sample
Sell RISEx live order book, 5 min ago0.04 bp3.0 bp −$35.6 bp −$56doesn't fitdoesn't fit
Derive: 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
Bluefin SOL-PERP−0.0315%1h119.14+0.083%$37K$17K25xas long as short
Derive SOL-PERPlong−0.0107%1h119.04long leg$2.0M$3.0M13x
Hotstuff SOL-PERP−0.0080%1h119.16+0.102%$845$8K25xas long as short
Vest SOL-PERP−0.0065%1h119.11+0.061%$722K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.14+0.084%$112K150xas long as short
dYdX SOL-USD−0.0001%1h119.22+0.157%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.20+0.140%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.20+0.137%$177K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0048%1h119.18+0.119%$119K$612K20xas long as short
Phoenix SOL+0.0054%1h119.28+0.204%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0067%1h119.24+0.173%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0068%8h119.13+0.081%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h119.17+0.112%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h119.12+0.072%$10.5Mas long as short
HTX SOL-USDT+0.0081%8h119.17+0.112%$232.0M$45.0M75xas long as short
Gate SOL_USDT+0.0091%8h119.11+0.062%$869.5M$686.7M100xas long as short
Lighter SOL+0.0096%1h119.15+0.098%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.16+0.107%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.12+0.074%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.10+0.050%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.15+0.095%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.17+0.116%$6.1M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.23+0.162%$718.3M$417.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.15+0.095%$178.4M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.20+0.134%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.12+0.069%$983.8M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.15+0.092%$827.2M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.11+0.062%$372.4M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.19+0.129%$233K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.19+0.125%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.206%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.12+0.070%$459.5M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.14+0.090%$140.0M$201.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.11+0.061%$495.3M$455.4M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.21+0.146%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.22+0.154%$27.3M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23+0.165%$95.8M$401.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.17+0.112%$48.8M$31.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.19+0.130%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.18+0.120%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.16+0.104%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.12+0.070%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.15+0.093%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.12+0.070%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.19+0.129%$46.6M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.12+0.068%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.23+0.167%$8.2M$416.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.16+0.105%$224.1M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0125%1h119.18+0.123%$26.7M$27.7M50xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.24+0.168%$32.7M$96.0M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0072%1h119.13+0.079%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.13+0.079%$1.1M$552K25xas long as short
RISEx SOL/USDCshort+0.0192%1h119.18+0.121%$1.7M$5.8M20x
Injective SOL/USDC PERP+0.0213%1h119.38+0.288%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.20+0.137%$52.1M$82.8M125xas long as short