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−0.0157%/8h= −17.2% APRnext payment $0.20 per $10,000 · paid last 24h −0.039%
Price spread now: Vest against Ondo Perps−0.097%7-day average +0.009% · 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)−0.096%−$10 on $10k
Price spread, last 7 days+0.363%+$36 · spread now −0.097%, 7d avg +0.009%
Together, before fees+0.268%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.106% cheaper against Ondo Perps than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P117.610.0100pay 0.0013% / 1h56m 34s$237K$851K10x
ShortVest SOL-PERP117.50−0.0057pay 0.0007% / 1h56m 34s$605K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$32.94
Price spread: −0.097% → +0.009%
−$10.58
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$50.53
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Vest: 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 Ondo Perps no order-book sample
Sell Vest no order-book sample
Ondo Perps and Vest: 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 54 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%1h117.67+0.049%$920$8K25xas long as short
Vest SOL-PERPshort−0.0057%1h117.50−0.097%$605K20x
Kraken Futures PF_SOLUSD−0.0055%1h117.30−0.265%$31.5M$98.3M100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.58−0.022%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.56−0.043%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.34−0.232%$1.4M$20.1M3.1xas long as short
Derive SOL-PERP+0.0009%1h117.22−0.333%$2.0M$2.8M13xas long as short
HTX SOL-USDT+0.0033%8h117.23−0.325%$227.8M$45.5M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0044%1h117.33−0.236%$26.3M$25.3M50xas long as short
01 Exchange SOLUSD+0.0048%1h117.63+0.017%$100K$162K20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.31−0.252%$8.0M$402.1M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.44−0.142%$100K$690K20xas long as short
BingX SOL-USDT+0.0080%8h117.67+0.055%$363.2Mas long as short
Gate SOL_USDT+0.0086%8h117.59−0.017%$850.4M$641.4M100xas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.30−0.260%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.57−0.031%$13.1M$58.9M25xas long as short
Lighter RH SOL+0.0096%1h117.53−0.068%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.30−0.266%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.610.000%$67K$840K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.65+0.035%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.60−0.009%$5.8M$39.9M40xas long as short
Aster SOLUSDT+0.0100%8h117.54−0.061%$176.4M$177.1M100xas long as short
Pacifica SOL+0.0100%1h117.63+0.017%$14.5M$127.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.64+0.027%$969.9M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.64+0.026%$821.9M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.610.000%$366.7M$1.63B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h117.61long leg$237K$851K10x
Arcus SOL-USD+0.0100%1h117.66+0.043%$2.0M$9.0M20xas long as short
MEXC SOL_USDT+0.0100%8h117.62+0.009%$423.8M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.61+0.003%$130.7M$211.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.61−0.003%$487.6M$433.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.35−0.221%$23.7M$37.0M50xas long as short
Variational Omni SOL+0.0100%8h117.45−0.132%$24.3M$120.0Mas long as short
edgeX SOLUSDC+0.0100%4h117.44−0.148%$94.3M$405.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.55−0.055%$48.2M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.56−0.043%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h117.49−0.102%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.62+0.009%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.60−0.006%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.27−0.289%$25K$28K25xas long as short
SunX SOL-USDT+0.0100%8h117.28−0.281%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.29−0.272%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.33−0.238%$45.7M$100.3M50xas long as short
Bulk SOL-USD+0.0100%1h117.46−0.131%$134.5M$14.2M20xas long as short
Phoenix SOL+0.0101%1h117.53−0.068%$6.5M$13.2M25xas long as short
Extended SOL-USD+0.0104%1h117.65+0.032%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.43−0.152%$221.2M500xas long as short
RISEx SOL/USDC+0.0136%1h117.70+0.073%$1.9M$4.9M20xas long as short
Reya SOLRUSDPERP+0.0189%1h117.61−0.003%$1.1M$523K25xas long as short
Hyperliquid SOL+0.0201%1h117.74+0.111%$718.5M$395.5M20xas long as short
Injective SOL/USDC PERP+0.0218%1h117.45−0.136%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.30−0.263%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0364%1h117.53−0.067%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.70+0.077%$128K$3.8M8.3xas long as short