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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against SoDEX−0.034%7-day average −0.014% · 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)+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.034%, 7d avg −0.014%
Together, before fees+0.089%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.020% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.014%). If the spread goes back, that is −$2 on $10k: about 2.6 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.005% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD116.650.0074pay 0.0009% / 1h49m 29s$6.1M$10.9M20x
ShortOndo Perps SOL-USD.P116.610.0100get 0.0013% / 1h49m 29s$217K$887K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SoDEX. 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
$5.47
Price spread: −0.034% → −0.014%
−$2.04
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$9.56
Costs to cover
0.130%
Break-even
19.2 days
Slippage unknown: SoDEX: live order book, 5 min ago; 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 SoDEX live order book, 5 min ago0.43 bp4.4 bp −$45.0 bp −$5015.0 bp −$1,499doesn't fit
Sell Ondo Perps no order-book sample
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
Bybit SOLUSDT−0.0108%8h116.44−0.180%$739.9M$1.44B100xas long as short
Hibachi SOL/USDT-P−0.0088%1h116.56−0.077%$98K$689K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.54−0.098%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.69+0.036%$32.9M$103.9M100xas long as short
Derive SOL-PERP−0.0048%1h116.59−0.048%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0017%1h116.65−0.004%$625K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.69+0.034%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.72+0.057%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.67+0.018%$109K$3.6M8.3xas long as short
dYdX SOL-USD+0.0010%1h116.60−0.043%$4.3M$23.8M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOL+0.0016%1h116.50−0.126%$2.2M$16.7M25xas long as short
01 Exchange SOLUSD+0.0040%1h116.52−0.111%$100K$176K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.70+0.043%$8.0M$405.6M50xas long as short
Bitget SOLUSDT+0.0052%8h116.50−0.131%$480.2M$462.4M100xas long as short
SoDEX SOL-USDlong+0.0074%1h116.65long leg$6.1M$10.9M20x
Orderly PERP_SOL_USDC+0.0091%8h116.66+0.005%$1.0M$6.0M100xas long as short
Aster SOLUSDT+0.0093%8h116.49−0.137%$175.6M$176.5M100xas long as short
Lighter SOL+0.0096%1h116.52−0.110%$13.1M$60.3M25xas long as short
Aevo SOL-PERP+0.0096%1h116.66+0.006%$351K$247K20xas long as short
Paradex SOL-USD-PERP+0.0097%8h116.52−0.107%$1.0M$551K50xas long as short
Katana Perps SOL-USD+0.0099%8h116.50−0.129%$64K$910K20xas long as short
Nado SOL-PERP+0.0100%1h116.48−0.148%$5.5M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h116.650.000%$698.0M$409.6M20xas long as short
Pacifica SOL+0.0100%1h116.58−0.062%$15.7M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h116.49−0.137%$967.8M$3.91B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.45−0.171%$371.0M$1.77B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h116.61−0.034%$217K$887K10x
Arcus SOL-USD+0.0100%1h116.70+0.045%$904K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.55−0.086%$125.4M$23.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.52−0.111%$842.3M$664.1M100xas long as short
MEXC SOL_USDT+0.0100%8h116.51−0.120%$362.1M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.51−0.117%$128.9M$232.2M75xas long as short
BingX SOL-USDC+0.0100%8h116.53−0.105%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.650.000%$23.1M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h116.55−0.089%$24.8M$112.7Mas long as short
edgeX SOLUSDC+0.0100%4h116.66+0.004%$93.7M$410.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.64−0.009%$47.7M$31.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.72+0.064%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.69+0.034%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.68+0.026%$314K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.70+0.045%$234K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.67+0.021%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.70+0.040%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.68+0.026%$226.0M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.68+0.026%$45.4M$105.6M50xas long as short
Extended SOL-USD+0.0104%1h116.46−0.161%$8.0M$39.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.64−0.006%$235.6M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0159%1h116.73+0.067%$26.5M$21.9M50xas long as short
Injective SOL/USDC PERP+0.0176%1h117.09+0.377%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.75+0.086%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.66+0.006%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.60−0.043%$52.3M$68.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.69+0.037%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.59−0.051%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0498%1h116.76+0.091%$25K$56K20xas long as short