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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.025%
Price spread now: Aevo against ApeX Omni+0.188%70s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.260%+$26 on $10k
Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.188%, 7d avg +0.006%
Together, before fees+0.138%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aevo is 0.183% dearer against ApeX Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT118.620.0079pay 0.0010% / 1h42m 16s$1.5M$6.1M50x
ShortAevo SOL-PERP118.840.0096get 0.0012% / 1h42m 16s$348K$271K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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
$3.48
Price spread: +0.188% → +0.006%
$18.26
Slippage, 4 orders
−$15.22
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$19.48
Costs to cover
0.412%
Break-even
46.2 days
Slippage from ApeX Omni: live order book, 2 min ago; Aevo: live order book, 32 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 ApeX Omni live order book, 2 min ago1.26 bp6.5 bp −$69.8 bp −$9871.8 bp −$7,178doesn't fit
Sell Aevo live order book, 32 min ago3.08 bp14.5 bp −$1424.9 bp −$24937.7 bp −$3,767doesn'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
Hotstuff SOL-PERP−0.0080%1h118.83+0.180%$843$8K25xas long as short
Vest SOL-PERP−0.0077%1h118.77+0.125%$610K20xas long as short
Derive SOL-PERP−0.0062%1h118.76+0.116%$2.0M$2.8M13xas long as short
Phemex SOLUSDT−0.0031%8h118.81+0.160%$46.5M$101.3M50xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.84+0.183%$32.4M$96.9M100xas long as short
dYdX SOL-USD−0.0009%1h118.87+0.211%$4.9M$26.5M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.85+0.192%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.76+0.119%$1.2M$20.5M3.1xas long as short
Perpl SOL0.0000%43m118.86+0.207%$154K$3.9M8.3xas long as short
HTX SOL-USDT+0.0030%8h118.71+0.076%$231.1M$44.8M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0048%1h118.86+0.202%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0072%1h118.84+0.186%$121K$632K20xas long as short
Orderly PERP_SOL_USDC+0.0079%8h118.86+0.198%$1.0M$5.9M100xas long as short
ApeX Omni SOLUSDTlong+0.0079%1h118.62long leg$1.5M$6.1M50x
BingX SOL-USDT+0.0080%8h118.84+0.185%$367.8Mas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.84+0.186%$8.1M$413.2M50xas long as short
Gate SOL_USDT+0.0094%8h118.82+0.169%$858.8M$661.9M100xas long as short
Lighter SOL+0.0096%1h118.81+0.159%$14.0M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h118.79+0.147%$2.2M$16.6M25xas long as short
Aevo SOL-PERPshort+0.0096%1h118.84+0.188%$348K$271K20x
Paradex SOL-USD-PERP+0.0100%8h118.83+0.180%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.81+0.160%$47K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.82+0.173%$5.8M$41.0M40xas long as short
Aster SOLUSDT+0.0100%8h118.84+0.188%$178.6M$176.5M100xas long as short
Pacifica SOL+0.0100%1h118.85+0.197%$12.2M$123.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.82+0.170%$979.3M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h118.86+0.202%$822.9M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.83+0.177%$370.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.78+0.135%$232K$861K10xas long as short
Arcus SOL-USD+0.0100%1h118.87+0.212%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.55−0.059%$133.5M$4.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.82+0.169%$426.3M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.86+0.199%$137.9M$207.1M75xas long as short
Bitget SOLUSDT+0.0100%8h118.81+0.158%$493.1M$446.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.81+0.160%$24.2M$37.3M50xas long as short
Variational Omni SOL+0.0100%8h118.61−0.011%$26.9M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.57−0.043%$95.2M$405.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.67+0.046%$48.6M$30.1M20xas long as short
StandX SOL-USD+0.0100%1h118.67+0.042%$1.3M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.83+0.177%$360K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.83+0.176%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.83+0.175%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.80+0.153%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.81+0.160%$6.2M$10.8M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0101%1h118.88+0.216%$26.6M$24.8M50xas long as short
Hyperliquid SOL+0.0102%1h118.95+0.278%$720.5M$404.4M20xas long as short
Extended SOL-USD+0.0104%1h118.79+0.144%$8.7M$35.2M50xas long as short
Phoenix SOL+0.0114%1h118.68+0.051%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.86+0.199%$221.9M500xas long as short
Aftermath Perps SOLUSD+0.0153%1h118.72+0.085%$25K$51K20xas long as short
RISEx SOL/USDC+0.0161%1h118.85+0.198%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0084%1h118.84+0.185%$3.5M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66+0.034%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0185%1h118.81+0.163%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.80+0.152%$52.0M$78.7M125xas long as short