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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0098%/8h= −10.8% APRnext payment $0.12 per $10,000 · paid last 24h −0.096%
Price spread now: Hotstuff against RISEx+0.004%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 3 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 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC117.490.0018pay 0.0002% / 1h1m 30s$1.9M$4.9M20x
ShortHotstuff SOL-PERP117.50−0.0080pay 0.0010% / 1h1m 30s$919$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against RISEx. 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
−$20.64
Price spread: +0.004% → 0.000%
$0.41
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$31.24
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 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 RISEx live order book, 3 min ago0.04 bp3.9 bp −$48.3 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 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-PERPshort−0.0080%1h117.50+0.004%$919$8K25x
Vest SOL-PERP−0.0058%1h117.41−0.072%$607K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.46−0.025%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.42−0.060%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.55+0.048%$1.4M$20.3M3.1xas long as short
RISEx SOL/USDClong+0.0018%1h117.49long leg$1.9M$4.9M20x
Derive SOL-PERP+0.0021%1h117.44−0.046%$2.0M$2.8M13xas long as short
Deribit SOL_USDC-PERPETUAL+0.0034%1h117.53+0.036%$26.4M$25.4M50xas long as short
HTX SOL-USDT+0.0037%8h117.40−0.077%$228.1M$45.4M75xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.50+0.008%$31.5M$98.5M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P+0.0064%1h117.54+0.039%$100K$690K20xas long as short
Gate SOL_USDT+0.0071%8h117.46−0.027%$848.5M$668.5M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.52+0.023%$7.9M$404.8M50xas long as short
BingX SOL-USDT+0.0080%8h117.46−0.027%$367.9Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.52+0.022%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.44−0.048%$13.0M$60.4M25xas long as short
Lighter RH SOL+0.0096%1h117.45−0.032%$2.1M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.47−0.019%$100K$161K20xas long as short
Aevo SOL-PERP+0.0096%1h117.51+0.011%$344K$256K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.47−0.018%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.43−0.053%$67K$840K20xas long as short
Nado SOL-PERP+0.0100%1h117.49−0.002%$5.8M$40.2M40xas long as short
Aster SOLUSDT+0.0100%8h117.46−0.027%$176.3M$177.9M100xas long as short
Pacifica SOL+0.0100%1h117.47−0.018%$14.5M$128.5M20xas long as short
Binance SOLUSDT+0.0100%8h117.46−0.027%$968.3M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h117.47−0.018%$820.0M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.46−0.027%$366.0M$1.64B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.42−0.061%$238K$850K10xas long as short
Arcus SOL-USD+0.0100%1h117.44−0.040%$2.0M$9.0M20xas long as short
MEXC SOL_USDT+0.0100%8h117.46−0.027%$423.7M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.45−0.038%$130.4M$211.1M75xas long as short
Bitget SOLUSDT+0.0100%8h117.44−0.048%$486.8M$435.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.51+0.015%$23.7M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h117.52+0.027%$24.3M$120.3Mas long as short
edgeX SOLUSDC+0.0100%4h117.52+0.027%$94.4M$404.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.43−0.057%$48.1M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.51+0.015%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.48−0.010%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.44−0.044%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.46−0.026%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.51+0.012%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.54+0.042%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.51+0.015%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.52+0.024%$45.7M$100.7M50xas long as short
Bulk SOL-USD+0.0100%1h117.46−0.031%$134.5M$14.2M20xas long as short
Phoenix SOL+0.0101%1h117.53+0.032%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.40−0.077%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.46−0.027%$221.8M500xas long as short
Hyperliquid SOL+0.0122%1h117.56+0.057%$717.0M$395.1M20xas long as short
Reya SOLRUSDPERP+0.0189%1h117.43−0.051%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.45−0.036%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h117.52+0.026%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0362%1h117.52+0.020%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.50+0.007%$128K$3.8M8.3xas long as short