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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.008%
Price spread now: Ondo Perps against Orderly−0.088%7-day average −0.029% · 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 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.088%, 7d avg −0.029%
Together, before fees+0.260%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.060% cheaper against Orderly than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.029%). If the spread goes back, that is −$6 on $10k: about 3.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SOL_USDC116.590.0039pay 0.0039% / 8h4h 49m$961K$5.0M100x
ShortOndo Perps SOL-USD.P116.490.0100get 0.0013% / 1h49m 31s$219K$728K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Orderly. 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
$12.87
Price spread: −0.088% → −0.029%
−$5.98
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$4.11
Costs to cover
0.110%
Break-even
9.2 days
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Ondo Perps no order-book sample
Orderly 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P−0.0184%1h116.74+0.125%$99K$646K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.10+0.431%$1K$8K25xas long as short
Bybit SOLUSDT−0.0046%8h116.60+0.003%$725.2M$1.22B100xas long as short
Derive SOL-PERP−0.0036%1h116.53−0.056%$1.8M$2.5M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.39−0.172%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.71+0.105%$1.3M$15.3M3.1xas long as short
Perpl SOL0.0000%43m116.50−0.081%$99K$2.6M8.3xas long as short
Vest SOL-PERP+0.0015%1h116.55−0.037%$272K20xas long as short
Bitget SOLUSDT+0.0017%8h116.53−0.052%$478.8M$390.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0024%1h116.53−0.051%$8.5M$360.1M50xas long as short
Show all 55 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SOL/USDC PERP+0.0033%1h116.85+0.220%$4K$11312xas long as short
Deribit SOL_USDC-PERPETUAL+0.0036%1h116.63+0.033%$26.3M$17.6M50xas long as short
Orderly PERP_SOL_USDClong+0.0039%8h116.59long leg$961K$5.0M100x
Aster SOLUSDT+0.0044%8h116.60+0.006%$175.9M$156.1M100xas long as short
01 Exchange SOLUSD+0.0048%1h116.63+0.032%$102K$185K20xas long as short
SoDEX SOL-USD+0.0061%1h116.61+0.015%$6.0M$11.2M20xas long as short
MEXC SOL_USDT+0.0064%8h116.53−0.054%$460.2M$949.5M300xas long as short
Aevo SOL-PERP+0.0064%1h116.56−0.028%$341K$259K20xas long as short
Binance SOLUSDT+0.0065%8h116.59−0.003%$967.4M$3.39B100xas long as short
ApeX Omni SOLUSDT+0.0082%1h116.58−0.011%$996K$6.6M50xas long as short
Gate SOL_USDT+0.0091%8h116.56−0.028%$836.4M$571.5M100xas long as short
Lighter SOL+0.0096%1h116.47−0.104%$12.9M$54.0M25xas long as short
Lighter RH SOL+0.0096%1h116.47−0.108%$2.2M$12.8M25xas long as short
Katana Perps SOL-USD+0.0100%8h116.54−0.045%$24K$891K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.54−0.047%$1.0M$554K50xas long as short
Nado SOL-PERP+0.0100%1h116.56−0.024%$5.5M$38.8M40xas long as short
Hyperliquid SOL+0.0100%1h116.66+0.057%$718.3M$364.2M20xas long as short
Pacifica SOL+0.0100%1h116.52−0.059%$15.8M$116.2M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.56−0.028%$358.5M$1.53B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h116.49−0.088%$219K$728K10x
Arcus SOL-USD+0.0100%1h116.62+0.026%$1.2M$7.7M20xas long as short
KuCoin SOLUSDTM+0.0100%8h116.52−0.066%$132.8M$224.3M75xas long as short
BingX SOL-USDC+0.0100%8h116.38−0.180%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.56−0.028%$23.1M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.53−0.051%$24.9M$94.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.55−0.038%$93.6M$356.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.58−0.007%$47.7M$25.7M20xas long as short
StandX SOL-USD+0.0100%1h116.71+0.100%$1.3M$9.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.54−0.045%$324K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.47−0.105%$283K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.60+0.005%$26K$34K25xas long as short
SunX SOL-USDT+0.0100%8h116.53−0.052%$189K$1.4M30xas long as short
HTX SOL-USDT+0.0100%8h116.51−0.070%$225.3M$39.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.54−0.045%$45.3M$98.6M50xas long as short
Bulk SOL-USD+0.0100%1h116.75+0.135%$127.3M$9.4M20xas long as short
Phoenix SOL+0.0103%1h116.81+0.186%$6.7M$11.6M25xas long as short
Extended SOL-USD+0.0104%1h116.51−0.075%$8.4M$32.6M50xas long as short
dYdX SOL-USD+0.0108%1h116.51−0.075%$9.1M$17.9M20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.57−0.023%$210.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0129%1h116.56−0.032%$33.2M$91.9M100xas long as short
BloFin SOL-USDT+0.0185%8h116.57−0.020%$51.6M$55.6M125xas long as short
Reya SOLRUSDPERP+0.0201%1h116.51−0.071%$1.1M$90K25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0181%1h116.45−0.125%$3.6M200xas long as short
RISEx SOL/USDC+0.0250%1h116.62+0.019%$2.2M$3.7M20xas long as short
Aftermath Perps SOLUSD+0.0428%1h116.68+0.073%$25K$45K20xas long as short