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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.1% APRnext payment $0.02 per $10,000 · paid last 24h −0.015%
Price spread now: Deribit against Ondo Perps+0.143%7-day average +0.047% · 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 7 days−0.134%−$13 on $10k
Price spread, last 4 days (all we have)−0.647%−$65 · spread now +0.143%, 7d avg +0.047%
Together, before fees−0.781%+ Points / potential airdropOndo Perps: Active · farm board−$78 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.097% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.047%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. At the pace of the last 7 days (−0.134% in total) that is about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P116.370.0100pay 0.0013% / 1h47m 53s$219K$850K10x
ShortDeribit SOL_USDC-PERPETUAL116.540.0080get 0.0010% / 1h47m 53s$26.2M$21.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Ondo Perps. 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
−$4.1
Price spread: +0.143% → +0.047%
$9.67
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$6.43
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 1 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 Ondo Perps no order-book sample
Sell Deribit live order book, 1 min ago0.04 bp4.9 bp −$55.3 bp −$5314.4 bp −$1,439doesn't fit
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
Phemex SOLUSDT−0.0166%8h116.45+0.069%$45.3M$103.5M50xas long as short
Hotstuff SOL-PERP−0.0080%1h116.47+0.087%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.51+0.122%$32.3M$106.4M100xas long as short
Vest SOL-PERP−0.0011%1h116.45+0.073%$636K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.50+0.115%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.48+0.095%$4.3M$23.4M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.49+0.101%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.44+0.060%$99K$3.4M8.3xas long as short
Derive SOL-PERP+0.0007%1h116.38+0.009%$1.9M$3.0M13xas long as short
Bitget SOLUSDT+0.0025%8h116.47+0.089%$480.5M$453.7M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h116.51+0.118%$7.8M$395.6M50xas long as short
Bybit SOLUSDT+0.0047%8h116.47+0.082%$732.4M$1.41B100xas long as short
Aster SOLUSDT+0.0054%8h116.48+0.094%$177.2M$169.3M100xas long as short
Orderly PERP_SOL_USDC+0.0069%8h116.49+0.104%$1.0M$6.0M100xas long as short
Hibachi SOL/USDT-P+0.0072%1h116.49+0.100%$103K$680K20xas long as short
Deribit SOL_USDC-PERPETUALshort+0.0080%1h116.54+0.143%$26.2M$21.8M50x
Lighter SOL+0.0096%1h116.47+0.089%$13.1M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h116.47+0.082%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.47+0.087%$351K$255K20xas long as short
Paradex SOL-USD-PERP+0.0097%8h116.44+0.063%$1.0M$555K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.43+0.052%$64K$903K20xas long as short
Nado SOL-PERP+0.0100%1h116.41+0.039%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.58+0.180%$696.4M$406.6M20xas long as short
Pacifica SOL+0.0100%1h116.48+0.094%$15.7M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h116.48+0.097%$963.4M$3.85B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.48+0.095%$366.8M$1.76B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h116.37long leg$219K$850K10x
Arcus SOL-USD+0.0100%1h116.46+0.079%$920K$8.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.49+0.103%$849.2M$607.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.49+0.103%$370.9M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.50+0.110%$129.8M$237.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.48+0.095%$372.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.49+0.103%$22.9M$36.2M50xas long as short
Variational Omni SOL+0.0100%8h116.45+0.065%$24.9M$105.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.30−0.063%$93.4M$405.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.39+0.017%$47.6M$29.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.38+0.009%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.47+0.086%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.51+0.120%$319K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.51+0.117%$283K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.48+0.099%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.42+0.043%$189K$1.7M30xas long as short
SoDEX SOL-USD+0.0100%1h116.47+0.086%$6.1M$11.0M20xas long as short
HTX SOL-USDT+0.0100%8h116.45+0.068%$225.5M$50.6M75xas long as short
Bulk SOL-USD+0.0100%1h116.45+0.069%$126.0M$25.6M20xas long as short
Extended SOL-USD+0.0104%1h116.46+0.074%$8.3M$36.6M50xas long as short
01 Exchange SOLUSD+0.0120%1h116.52+0.129%$100K$182K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.46+0.079%$231.3M500xas long as short
Phoenix SOL+0.0124%1h116.45+0.069%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34−0.026%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0196%1h116.45+0.072%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.46+0.077%$52.2M$64.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.50+0.114%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0414%1h116.43+0.053%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.51+0.124%$2.1M$4.8M20xas long as short