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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.051%
Price spread now: Hotstuff against Paradex+0.030%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.030% dearer against Paradex than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex SOL-USD-PERP116.740.0100pay 0.0100% / 8h4h 42m$989K$534K50x
ShortHotstuff SOL-PERP116.78−0.0080pay 0.0010% / 1h42m 59s$913$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Paradex. 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
−$37.73
Price spread: +0.030% → 0.000%
$3.04
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$43.69
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: live order book, 6 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 Paradex live order book, 6 min ago1.46 bp3.5 bp −$38.3 bp −$83doesn'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
Vest SOL-PERP−0.0089%1h116.57−0.141%$602K20xas long as short
Hotstuff SOL-PERPshort−0.0080%1h116.78+0.030%$913$8K25x
Hibachi SOL/USDT-P−0.0056%1h116.78+0.035%$103K$700K20xas long as short
Derive SOL-PERP−0.0016%1h116.47−0.230%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.59−0.129%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.72−0.017%$1.4M$18.7M3.1xas long as short
dYdX SOL-USD0.0000%1h116.70−0.036%$4.4M$24.2M20xas long as short
01 Exchange SOLUSD+0.0032%1h116.63−0.094%$99K$169K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.57−0.143%$7.5M$404.3M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0073%1h116.61−0.114%$26.3M$25.3M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.56−0.152%$31.0M$100.3M100xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.57−0.149%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.57−0.143%$13.1M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h116.56−0.153%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.57−0.146%$342K$236K20xas long as short
Katana Perps SOL-USD+0.0098%8h116.56−0.154%$50K$866K20xas long as short
Paradex SOL-USD-PERPlong+0.0100%8h116.74long leg$989K$534K50x
Nado SOL-PERP+0.0100%1h116.57−0.145%$5.4M$39.5M40xas long as short
Hyperliquid SOL+0.0100%1h116.64−0.085%$705.8M$395.7M20xas long as short
Aster SOLUSDT+0.0100%8h116.57−0.147%$175.2M$182.0M100xas long as short
Pacifica SOL+0.0100%1h116.75+0.005%$15.7M$129.8M20xas long as short
Binance SOLUSDT+0.0100%8h116.45−0.248%$963.9M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h116.46−0.239%$787.5M$1.33B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.46−0.239%$366.7M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.66−0.068%$232K$848K10xas long as short
Arcus SOL-USD+0.0100%1h116.51−0.197%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.65−0.077%$133.5M$20.6M20xas long as short
Gate SOL_USDT+0.0100%8h116.55−0.162%$846.0M$655.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.41−0.282%$418.8M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.40−0.292%$126.0M$217.0M75xas long as short
Bitget SOLUSDT+0.0100%8h116.37−0.318%$478.0M$441.4M100xas long as short
BingX SOL-USDT+0.0100%8h116.42−0.270%$364.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.54−0.171%$23.3M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h116.49−0.211%$24.4M$114.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.46−0.236%$93.5M$398.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.62−0.102%$47.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.67−0.056%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.62−0.102%$1.3M$13.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.59−0.128%$322K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.56−0.156%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.53−0.181%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.61−0.112%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.56−0.154%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.51−0.200%$226.0M$46.6M75xas long as short
Phemex SOLUSDT+0.0100%8h116.62−0.102%$45.6M$101.4M50xas long as short
Extended SOL-USD+0.0104%1h116.32−0.358%$7.9M$36.6M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.70−0.034%$228.4M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.56−0.154%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.52−0.188%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.53−0.179%$1.1M$539K25xas long as short
BloFin SOL-USDT+0.0220%8h116.56−0.154%$51.7M$72.0M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.58−0.139%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.62−0.105%$140K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0501%1h116.72−0.014%$25K$51K20xas long as short
RISEx SOL/USDC+0.0559%1h116.70−0.031%$1.9M$4.9M20xas long as short