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+0.0197%/8h= +21.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.041%
Price spread now: Ondo Perps against Vest−0.051%7-day average −0.005% · 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)+0.100%+$10 on $10k
Price spread, last 7 days−0.062%−$6 · spread now −0.051%, 7d avg −0.005%
Together, before fees+0.038%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.046% cheaper against Vest than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.005%). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SOL-PERP116.49−0.0097get 0.0012% / 1h18m 23s$601K20x
ShortOndo Perps SOL-USD.P116.430.0100get 0.0013% / 1h18m 23s$231K$845K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Vest. 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
$41.33
Price spread: −0.051% → −0.005%
−$4.61
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$29.72
Costs to cover
0.070%
Break-even
2.0 days
Slippage unknown: Vest: 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 Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest 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 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
Hibachi SOL/USDT-P−0.0136%1h116.61+0.100%$103K$701K20xas long as short
Vest SOL-PERPlong−0.0097%1h116.49long leg$601K20x
Hotstuff SOL-PERP−0.0080%1h116.53+0.034%$911$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.54+0.043%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.59+0.083%$1.5M$18.7M3.1xas long as short
dYdX SOL-USD+0.0001%1h116.55+0.051%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0031%1h116.53+0.037%$1.9M$2.9M13xas long as short
01 Exchange SOLUSD+0.0056%1h116.56+0.060%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.59+0.086%$7.4M$404.4M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.59+0.082%$31.0M$100.1M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0091%8h116.55+0.051%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.52+0.029%$13.0M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h116.50+0.009%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.59+0.088%$347K$244K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0098%1h116.64+0.128%$26.3M$25.3M50xas long as short
Katana Perps SOL-USD+0.0099%8h116.50+0.009%$51K$866K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.61+0.103%$1.0M$549K50xas long as short
Nado SOL-PERP+0.0100%1h116.49+0.003%$5.3M$39.8M40xas long as short
Hyperliquid SOL+0.0100%1h116.64+0.129%$704.2M$395.7M20xas long as short
Aster SOLUSDT+0.0100%8h116.53+0.033%$174.6M$182.5M100xas long as short
Pacifica SOL+0.0100%1h116.56+0.057%$15.7M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h116.54+0.043%$968.7M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.48−0.008%$781.0M$1.35B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.54+0.043%$368.9M$1.68B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h116.43−0.051%$231K$845K10x
Arcus SOL-USD+0.0100%1h116.57+0.068%$926K$9.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.54+0.043%$840.9M$663.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.53+0.035%$386.1M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.53+0.035%$128.3M$219.9M75xas long as short
Bitget SOLUSDT+0.0100%8h116.50+0.012%$478.6M$441.2M100xas long as short
BingX SOL-USDT+0.0100%8h116.51+0.020%$365.3Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.55+0.052%$23.4M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h116.50+0.012%$24.4M$113.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.67+0.159%$93.7M$398.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.70+0.182%$47.7M$30.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.63+0.119%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.63+0.120%$1.3M$12.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.52+0.026%$321K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.51+0.020%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.55+0.047%$25K$30K25xas long as short
SunX SOL-USDT+0.0100%8h116.59+0.088%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.59+0.086%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.54+0.046%$226.2M$47.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.58+0.077%$45.7M$102.1M50xas long as short
Bulk SOL-USD+0.0100%1h116.70+0.180%$133.2M$21.0M20xas long as short
Extended SOL-USD+0.0104%1h116.50+0.006%$8.2M$37.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.53+0.034%$231.1M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.73+0.206%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.77+0.241%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.48−0.006%$1.1M$540K25xas long as short
BloFin SOL-USDT+0.0220%8h116.58+0.077%$52.0M$67.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0171%1h116.53+0.039%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.55+0.048%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0537%1h116.65+0.134%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.61+0.106%$1.9M$4.9M20xas long as short