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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.008%
Price spread now: Orderly against SunX−0.035%57s7-day average +0.025% · 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−0.087%−$9 on $10k
Price spread, last 3 days (all we have)+0.053%+$5 · spread now −0.035%, 7d avg +0.025%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.060% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.025%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOL-USDT117.970.0100pay 0.0100% / 8h6h 22m$192K$1.8M30x
ShortOrderly PERP_SOL_USDC117.920.0087get 0.0087% / 8h6h 22m$1.1M$5.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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
−$2.67
Price spread: −0.035% → +0.025%
−$5.98
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$22.64
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 13 min ago; Orderly: 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 SunX live order book, 13 min ago1.81 bp10.1 bp −$1029.1 bp −$291doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h117.97+0.005%$923$8K25xas long as short
Vest SOL-PERP−0.0067%1h117.94−0.023%$607K20xas long as short
Derive SOL-PERP−0.0027%1h117.84−0.107%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0024%1h118.00+0.029%$101K$691K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.92−0.039%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.00+0.028%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.95−0.016%$1.4M$20.9M3.1xas long as short
Perpl SOL0.0000%43m118.01+0.039%$129K$3.9M8.3xas long as short
ApeX Omni SOLUSDT+0.0016%1h118.06+0.080%$1.5M$6.0M50xas long as short
RISEx SOL/USDC+0.0018%1h117.99+0.022%$2.0M$4.7M20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOL_USDT+0.0047%8h117.99+0.020%$853.5M$662.8M100xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.91−0.051%$31.6M$98.8M100xas long as short
HTX SOL-USDT+0.0051%8h117.92−0.036%$229.2M$45.5M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0059%1h117.95−0.011%$26.5M$25.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.94−0.026%$8.0M$410.1M50xas long as short
BingX SOL-USDT+0.0080%8h117.96−0.009%$369.0Mas long as short
Orderly PERP_SOL_USDCshort+0.0087%8h117.92−0.035%$1.1M$5.8M100x
Lighter SOL+0.0096%1h118.01+0.038%$13.1M$60.0M25xas long as short
Lighter RH SOL+0.0096%1h117.99+0.022%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.99+0.020%$104K$159K20xas long as short
Aevo SOL-PERP+0.0096%1h117.91−0.048%$345K$258K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.03+0.055%$1.0M$519K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.92−0.039%$65K$855K20xas long as short
Nado SOL-PERP+0.0100%1h118.00+0.024%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.98+0.015%$177.2M$179.8M100xas long as short
Pacifica SOL+0.0100%1h118.03+0.057%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.93−0.031%$972.0M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h117.94−0.022%$822.2M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.92−0.039%$366.6M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.98+0.012%$239K$894K10xas long as short
Arcus SOL-USD+0.0100%1h118.00+0.027%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.00+0.028%$135.1M$14.3M20xas long as short
MEXC SOL_USDT+0.0100%8h117.99+0.020%$426.2M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.01+0.040%$131.7M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.97+0.004%$488.6M$440.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.92−0.039%$23.8M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h118.14+0.144%$24.5M$122.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.99+0.020%$94.8M$404.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.06+0.080%$48.4M$28.8M20xas long as short
StandX SOL-USD+0.0100%1h117.94−0.022%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.99+0.020%$355K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.97+0.001%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.93−0.033%$37K$16K25xas long as short
SunX SOL-USDTlong+0.0100%8h117.97long leg$192K$1.8M30x
SoDEX SOL-USD+0.0100%1h117.91−0.048%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.94−0.022%$46.0M$101.4M50xas long as short
Phoenix SOL+0.0101%1h118.11+0.122%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.96−0.005%$8.1M$36.2M50xas long as short
Hyperliquid SOL+0.0108%1h118.10+0.114%$722.2M$399.9M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.00+0.025%$226.2M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.97+0.005%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87−0.081%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h117.94−0.022%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0335%1h117.98+0.010%$25K$51K20xas long as short