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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.028%
Price spread now: Arcus against ApeX Omni+0.140%53s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.208% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.157%+$16 on $10k
Price spread, last 7 days−0.096%−$10 · spread now +0.140%, 7d avg +0.031%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Arcus is 0.109% dearer against ApeX Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.031%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT117.67−0.0052get 0.0006% / 1h31m 45s$1.5M$6.1M50x
ShortArcus SOL-USD117.830.0100get 0.0013% / 1h31m 45s$2.0M$9.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
$31.85
Price spread: +0.140% → +0.031%
$10.95
Slippage, 4 orders
−$6.29
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$22.01
Costs to cover
0.208%
Break-even
2.2 days
Slippage from ApeX Omni: live order book, 2 min ago; Arcus: live order book, 2 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 ago2.13 bp7.1 bp −$710.3 bp −$10361.2 bp −$6,119doesn't fit
Sell Arcus live order book, 2 min ago0.21 bp3.2 bp −$33.6 bp −$36135.7 bp −$13.6Kdoesn't fit

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%1h117.63−0.028%$920$8K25xas long as short
Vest SOL-PERP−0.0072%1h117.75+0.073%$609K20xas long as short
Hibachi SOL/USDT-P−0.0064%1h117.62−0.037%$92K$692K20xas long as short
ApeX Omni SOLUSDTlong−0.0052%1h117.67long leg$1.5M$6.1M50x
Derive SOL-PERP−0.0022%1h117.71+0.041%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.80+0.114%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.83+0.140%$4.5M$24.4M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.81+0.120%$1.4M$21.3M3.1xas long as short
Perpl SOL0.0000%43m117.83+0.139%$129K$3.9M8.3xas long as short
HTX SOL-USDT+0.0010%8h117.74+0.066%$228.9M$45.5M75xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SOL/USDC+0.0018%1h117.80+0.118%$2.0M$4.6M20xas long as short
Gate SOL_USDT+0.0026%8h117.75+0.071%$854.2M$660.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0040%1h117.82+0.128%$26.4M$25.5M50xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.73+0.056%$31.5M$98.7M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.78+0.101%$8.0M$410.2M50xas long as short
BingX SOL-USDT+0.0080%8h117.76+0.082%$369.5Mas long as short
Orderly PERP_SOL_USDC+0.0086%8h117.81+0.122%$1.1M$5.9M100xas long as short
Lighter SOL+0.0096%1h117.73+0.054%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h117.71+0.037%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.86+0.165%$103K$164K20xas long as short
Aevo SOL-PERP+0.0096%1h117.80+0.117%$345K$259K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.80+0.116%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.76+0.080%$63K$856K20xas long as short
Nado SOL-PERP+0.0100%1h117.83+0.139%$5.7M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h117.82+0.131%$719.6M$402.0M20xas long as short
Aster SOLUSDT+0.0100%8h117.76+0.080%$176.9M$180.4M100xas long as short
Pacifica SOL+0.0100%1h117.82+0.131%$14.4M$131.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.75+0.070%$971.5M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h117.74+0.063%$820.9M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.73+0.054%$365.9M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.57−0.082%$238K$891K10xas long as short
Arcus SOL-USDshort+0.0100%1h117.83+0.140%$2.0M$9.0M20x
Bulk SOL-USD+0.0100%1h117.55−0.096%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.75+0.071%$428.0M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.77+0.084%$131.7M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.71+0.035%$487.2M$442.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.75+0.071%$23.7M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.66−0.008%$24.4M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h117.62−0.036%$94.5M$405.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.77+0.088%$48.2M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.60−0.056%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.84+0.148%$359K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.81+0.122%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.81+0.119%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.78+0.095%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.77+0.088%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.74+0.063%$45.8M$101.9M50xas long as short
Phoenix SOL+0.0101%1h117.33−0.286%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.71+0.041%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.73+0.054%$227.6M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.82+0.134%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.454%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0172%1h117.81+0.119%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0314%1h117.72+0.046%$25K$51K20xas long as short