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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.018%
Price spread now: GRVT against Aevo−0.192%71s7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 3 days (all we have)+0.355%+$35 · spread now −0.192%, 7d avg +0.015%
Together, before fees+0.376%+ Points / potential airdropGRVT: Active · farm board+$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.207% cheaper against Aevo than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo SOL-PERP119.310.0096pay 0.0012% / 1h55m 49s$353K$748K20x
ShortGRVT SOL_USDT_Perp119.080.0100get 0.0100% / 8h1h 55m$48.7M$33.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Aevo. 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
$0.84
Price spread: −0.192% → +0.015%
−$20.69
Slippage, 4 orders
−$17.37
Fee Aevo: 8 bp × 2 orders
−$16
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$62.22
Costs to cover
0.424%
Break-even
525.5 days
Slippage from Aevo: live order book, 28 min ago; GRVT: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 28 min ago4.14 bp16.0 bp −$1639.3 bp −$393doesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago0.42 bp4.9 bp −$55.3 bp −$539.9 bp −$985doesn't fit

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
Derive SOL-PERP−0.0100%1h119.25−0.054%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.34+0.028%$846$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.23−0.068%$724K20xas long as short
dYdX SOL-USD−0.0011%1h119.33+0.017%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.34+0.026%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.24−0.061%$1.2M$20.7M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.14−0.142%$120K$625K20xas long as short
Perpl SOL0.0000%43m119.32+0.008%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.38+0.060%$26.8M$27.6M50xas long as short
Aftermath Perps SOLUSD+0.0053%1h119.23−0.063%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0063%8h119.34+0.028%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0066%8h119.24−0.054%$232.3M$44.7M75xas long as short
BingX SOL-USDC+0.0080%8h119.30−0.005%$10.5Mas long as short
01 Exchange SOLUSD+0.0088%1h119.36+0.042%$104K$153K20xas long as short
Gate SOL_USDT+0.0092%8h119.30−0.008%$869.3M$674.9M100xas long as short
ApeX Omni SOLUSDT+0.0095%1h119.15−0.134%$1.5M$6.2M50xas long as short
Lighter SOL+0.0096%1h119.32+0.011%$13.6M$54.7M25xas long as short
Lighter RH SOL+0.0096%1h119.31−0.003%$2.1M$16.6M25xas long as short
Aevo SOL-PERPlong+0.0096%1h119.31long leg$353K$748K20x
Paradex SOL-USD-PERP+0.0099%8h119.31+0.003%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.28−0.025%$46K$791K20xas long as short
Nado SOL-PERP+0.0100%1h119.33+0.017%$6.3M$42.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.46+0.126%$720.9M$415.4M20xas long as short
Aster SOLUSDT+0.0100%8h119.33+0.013%$178.9M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.37+0.050%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.33+0.017%$978.3M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.36+0.040%$824.3M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.34+0.026%$372.4M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.19−0.100%$233K$875K10xas long as short
Arcus SOL-USD+0.0100%1h119.42+0.088%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.214%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.33+0.017%$436.9M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.32+0.010%$140.9M$199.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.35+0.034%$497.4M$453.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.35+0.034%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.18−0.109%$27.4M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.12−0.157%$95.7M$396.6M75xas long as short
GRVT SOL_USDT_Perpshort+0.0100%8h119.08−0.192%$48.7M$33.0M20x
StandX SOL-USD+0.0100%1h119.17−0.117%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30−0.008%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.31+0.001%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.33+0.015%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.32+0.005%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.33+0.017%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.32+0.009%$46.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.30−0.006%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.38+0.057%$8.2M$416.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.22−0.077%$222.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.33+0.020%$32.8M$94.7M100xas long as short
Phoenix SOL+0.0154%1h119.22−0.075%$6.5M$12.3M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.34+0.023%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0180%1h119.29−0.018%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.36+0.043%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41+0.084%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.11−0.167%$52.0M$86.9M125xas long as short