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+0.0161%/8h= +17.6% APRnext payment +$0.20 per $10,000 · paid last 24h +0.033%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.077%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.077% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SOL/USD117.15L −0.0001% / S +0.0004%get 0.0000% / 1h37m 52s$56K150x
ShortHyperliquid SOL117.240.0160get 0.0020% / 1h37m 52s$716.1M$392.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against gTrade (Gains Network). 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
$33.82
Price spread: +0.077% → 0.000%
$7.68
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$22.5
Costs to cover
0.190%
Break-even
2.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 6 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 gTrade (Gains Network) no order-book sample
Sell Hyperliquid live order book, 6 min ago0.43 bp4.9 bp −$56.7 bp −$6710.4 bp −$1,042doesn't fit
gTrade (Gains Network): 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
Hotstuff SOL-PERP−0.0080%1h117.23+0.071%$917$8K25xas long as short
Vest SOL-PERP−0.0060%1h117.11−0.036%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.13−0.019%$31.5M$98.4M100xas long as short
Derive SOL-PERP−0.0010%1h117.07−0.071%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDlongL −0.0001% / S +0.0004%1h117.15long leg$56K150x
dYdX SOL-USD0.0000%1h117.19+0.031%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.20+0.042%$1.4M$19.4M3.1xas long as short
Deribit SOL_USDC-PERPETUAL+0.0045%1h117.18+0.027%$26.3M$25.1M50xas long as short
01 Exchange SOLUSD+0.0056%1h117.150.000%$100K$163K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h117.21+0.051%$102K$691K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.13−0.017%$8.0M$402.1M50xas long as short
HTX SOL-USDT+0.0065%8h117.18+0.026%$227.6M$45.5M75xas long as short
BingX SOL-USDT+0.0080%8h117.15−0.003%$362.8Mas long as short
Orderly PERP_SOL_USDC+0.0089%8h117.15+0.003%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.14−0.010%$13.1M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.10−0.039%$2.1M$16.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.14−0.010%$343K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.12−0.026%$65K$839K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.22+0.063%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.13−0.013%$5.8M$39.3M40xas long as short
Aster SOLUSDT+0.0100%8h117.13−0.017%$176.4M$178.2M100xas long as short
Pacifica SOL+0.0100%1h117.24+0.080%$14.5M$128.2M20xas long as short
Binance SOLUSDT+0.0100%8h117.13−0.017%$964.1M$3.72B100xas long as short
Bybit SOLUSDT+0.0100%8h117.14−0.008%$820.8M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.14−0.009%$365.1M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.13−0.017%$238K$847K10xas long as short
Arcus SOL-USD+0.0100%1h117.21+0.053%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.256%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.13−0.017%$855.7M$647.9M100xas long as short
MEXC SOL_USDT+0.0100%8h117.12−0.026%$423.6M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.16+0.006%$129.6M$212.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.13−0.021%$485.5M$432.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.12−0.026%$23.6M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.24+0.079%$24.3M$117.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.31+0.141%$94.2M$398.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.46+0.265%$48.1M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.39+0.201%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.25+0.085%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.13−0.017%$351K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.14−0.007%$199K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.35−0.680%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.14−0.008%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.14−0.009%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.14−0.009%$45.6M$100.1M50xas long as short
Extended SOL-USD+0.0104%1h117.14−0.010%$8.2M$36.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.17+0.016%$219.0M500xas long as short
Phoenix SOL+0.0129%1h117.38+0.196%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.27+0.106%$1.9M$4.9M20xas long as short
Hyperliquid SOLshort+0.0160%1h117.24+0.077%$716.1M$392.0M20x
Reya SOLRUSDPERP+0.0190%1h117.11−0.034%$1.1M$526K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38+0.196%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.14−0.009%$51.6M$70.9M125xas long as short
Perpl SOL+0.0223%43m117.23+0.065%$127K$3.8M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.14−0.006%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0387%1h117.34+0.162%$25K$51K20xas long as short