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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Ondo Perps against Hotstuff−0.097%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.097% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 43 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP116.95−0.0080get 0.0010% / 1h54m 17s$1K$8K25x
ShortOndo Perps SOL-USD.P116.840.0100get 0.0013% / 1h54m 17s$231K$837K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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
$37.8
Price spread: −0.097% → 0.000%
−$9.66
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$18.14
Costs to cover
0.100%
Break-even
3.6 days
Slippage unknown: Hotstuff: no order-book sample; Ondo Perps: 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 Hotstuff no order-book sample
Sell Ondo Perps no order-book sample
Hotstuff and Ondo Perps: 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
Kraken Futures PF_SOLUSD−0.0193%1h116.76−0.163%$31.1M$100.4M100xas long as short
Hibachi SOL/USDT-P−0.0168%1h116.92−0.025%$103K$698K20xas long as short
Vest SOL-PERP−0.0095%1h116.78−0.149%$601K20xas long as short
Hotstuff SOL-PERPlong−0.0080%1h116.95long leg$1K$8K25x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.82−0.114%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.82−0.111%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0008%1h116.95−0.003%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0030%1h116.72−0.202%$1.9M$2.8M13xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.79−0.143%$7.4M$404.7M50xas long as short
Orderly PERP_SOL_USDC+0.0093%8h116.79−0.141%$1.0M$5.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0095%1h116.82−0.114%$26.3M$23.3M50xas long as short
Lighter SOL+0.0096%1h116.76−0.166%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h116.76−0.168%$2.2M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h116.87−0.071%$99K$174K20xas long as short
Aevo SOL-PERP+0.0096%1h116.65−0.260%$347K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.86−0.080%$50K$882K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.99+0.029%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h116.80−0.127%$5.4M$40.1M40xas long as short
Hyperliquid SOL+0.0100%1h116.91−0.037%$705.9M$393.2M20xas long as short
Aster SOLUSDT+0.0100%8h116.92−0.025%$175.1M$182.9M100xas long as short
Pacifica SOL+0.0100%1h117.00+0.039%$15.8M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h116.80−0.130%$974.6M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h116.70−0.216%$774.4M$1.36B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.78−0.148%$368.2M$1.69B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h116.84−0.097%$231K$837K10x
Arcus SOL-USD+0.0100%1h116.94−0.009%$927K$8.8M20xas long as short
Gate SOL_USDT+0.0100%8h116.80−0.131%$846.1M$655.1M100xas long as short
MEXC SOL_USDT+0.0100%8h116.80−0.131%$367.6M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.79−0.140%$129.2M$222.0M75xas long as short
Bitget SOLUSDT+0.0100%8h116.75−0.174%$479.4M$442.1M100xas long as short
BingX SOL-USDT+0.0100%8h116.78−0.146%$365.9Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.96+0.006%$23.2M$39.1M50xas long as short
Variational Omni SOL+0.0100%8h116.63−0.272%$24.5M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.68−0.231%$93.7M$398.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.61−0.293%$47.7M$30.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.73−0.189%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.86−0.080%$1.3M$12.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.80−0.131%$322K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.80−0.133%$149K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.78−0.152%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.81−0.124%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.77−0.156%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.74−0.185%$226.4M$47.9M75xas long as short
Phemex SOLUSDT+0.0100%8h116.79−0.139%$45.7M$102.5M50xas long as short
Bulk SOL-USD+0.0100%1h116.90−0.046%$134.0M$22.8M20xas long as short
Extended SOL-USD+0.0104%1h116.72−0.198%$8.3M$37.4M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.72−0.199%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.96+0.005%$231.4M500xas long as short
Phoenix SOL+0.0137%1h116.80−0.131%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0191%1h116.76−0.167%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h116.94−0.011%$52.1M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.81−0.123%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.83−0.107%$138K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0533%1h116.84−0.099%$25K$50K20xas long as short
RISEx SOL/USDC+0.0561%1h116.98+0.027%$1.9M$4.8M20xas long as short