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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0176%/8h= −19.3% APRnext payment $0.22 per $10,000 · paid last 24h −0.116%
Price spread now: Hotstuff against Hibachi−0.083%7-day average · you buy dearer than you sell
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 airdropHibachi: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.083% cheaper against Hibachi than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi SOL/USDT-P118.720.0096pay 0.0012% / 1h24m 54s$119K$629K20x
ShortHotstuff SOL-PERP118.62−0.0080pay 0.0010% / 1h24m 54s$841$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Hibachi. 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
−$36.96
Price spread: −0.083% → 0.000%
−$8.34
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$59.3
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Hibachi: live order book, 54 min ago; Hotstuff: no order-book sample. 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 Hibachi live order book, 54 min ago0.84 bp6.6 bp −$717.3 bp −$173doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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-PERPshort−0.0080%1h118.62−0.083%$841$8K25x
Vest SOL-PERP−0.0075%1h118.49−0.199%$723K20xas long as short
Derive SOL-PERP−0.0069%1h118.48−0.207%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0015%1h118.43−0.247%$4.8M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.55−0.147%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.61−0.097%$1.3M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.51−0.181%$175K$4.0M8.3xas long as short
ApeX Omni SOLUSDT+0.0019%1h118.84+0.098%$1.5M$6.2M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0032%1h118.63−0.079%$26.6M$26.0M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h118.55−0.146%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h118.49−0.196%$103K$158K20xas long as short
BingX SOL-USDC+0.0080%8h118.48−0.203%$10.5Mas long as short
Gate SOL_USDT+0.0081%8h118.50−0.188%$860.3M$681.7M100xas long as short
HTX SOL-USDT+0.0084%8h118.44−0.239%$230.6M$45.1M75xas long as short
Lighter SOL+0.0096%1h118.56−0.136%$13.4M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h118.56−0.140%$2.2M$17.0M25xas long as short
Hibachi SOL/USDT-Plong+0.0096%1h118.72long leg$119K$629K20x
Aevo SOL-PERP+0.0096%1h118.54−0.157%$351K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.58−0.118%$8.1M$415.3M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.43−0.247%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.38−0.289%$45K$798K20xas long as short
Nado SOL-PERP+0.0100%1h118.49−0.192%$5.7M$40.9M40xas long as short
Hyperliquid SOL+0.0100%1h118.61−0.099%$717.7M$408.1M20xas long as short
Aster SOLUSDT+0.0100%8h118.51−0.179%$177.5M$178.0M100xas long as short
Pacifica SOL+0.0100%1h118.48−0.203%$12.2M$121.2M20xas long as short
Binance SOLUSDT+0.0100%8h118.53−0.166%$978.2M$3.83B100xas long as short
Bybit SOLUSDT+0.0100%8h118.53−0.160%$822.4M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.49−0.196%$368.1M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.38−0.289%$232K$872K10xas long as short
Arcus SOL-USD+0.0100%1h118.47−0.211%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.93+0.175%$133.7M$5.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.53−0.163%$428.4M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.50−0.185%$137.7M$205.2M75xas long as short
Bitget SOLUSDT+0.0100%8h118.48−0.207%$491.0M$460.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.55−0.146%$24.1M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h118.69−0.027%$27.1M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h118.84+0.101%$95.5M$400.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.79+0.053%$48.6M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h118.73+0.006%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.48−0.205%$361K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.53−0.163%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.53−0.163%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.51−0.176%$192K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.56−0.137%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.56−0.137%$46.3M$103.0M50xas long as short
Phoenix SOL+0.0100%1h118.92+0.166%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.49−0.193%$8.7M$36.1M50xas long as short
Kraken Futures PF_SOLUSD+0.0106%1h118.59−0.113%$32.4M$97.4M100xas long as short
Aftermath Perps SOLUSD+0.0111%1h118.88+0.128%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.66−0.052%$226.2M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0168% / S −0.0066%1h118.54−0.152%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0170%1h118.91+0.157%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0184%1h118.48−0.207%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.57−0.129%$52.2M$80.4M125xas long as short
RISEx SOL/USDC+0.0226%1h118.45−0.227%$1.6M$5.2M20xas long as short