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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0156%/8h= −17.1% APRnext payment $0.20 per $10,000 · paid last 24h −0.002%
Price spread now: Derive against ApeX Omni−0.214%7-day average −0.019% · 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+0.303%+$30 on $10k
Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.214%, 7d avg −0.019%
Together, before fees+0.465%+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Derive is 0.195% cheaper against ApeX Omni than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.019%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.303%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT119.610.0100pay 0.0013% / 1h15m 13s$1.5M$6.2M50x
ShortDerive SOL-PERP119.36−0.0056pay 0.0007% / 1h15m 13s$2.0M$3.2M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
−$32.84
Price spread: −0.214% → −0.019%
−$19.52
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
−$68.36
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 4 min ago; Derive: 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 ApeX Omni live order book, 4 min ago1.67 bp7.5 bp −$711.9 bp −$11972.4 bp −$7,244doesn't fit
Sell Derive no order-book sample
Derive: 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
Injective SOL/USDC PERP−0.0151%1h119.15−0.387%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.42−0.163%$847$8K25xas long as short
Vest SOL-PERP−0.0072%1h119.37−0.200%$724K20xas long as short
Derive SOL-PERPshort−0.0056%1h119.36−0.214%$2.0M$3.2M13x
dYdX SOL-USD−0.0004%1h119.44−0.141%$5.0M$27.1M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.47−0.115%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.47−0.119%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.44−0.145%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.49−0.102%$26.8M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0029%1h119.59−0.019%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0050%8h119.38−0.193%$232.6M$44.7M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.45−0.134%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.66+0.043%$120K$622K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.46−0.128%$105K$152K20xas long as short
BingX SOL-USDT+0.0080%8h119.46−0.130%$374.1Mas long as short
Gate SOL_USDT+0.0090%8h119.38−0.195%$871.5M$687.8M100xas long as short
Lighter SOL+0.0096%1h119.43−0.153%$13.6M$55.1M25xas long as short
Lighter RH SOL+0.0096%1h119.42−0.163%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.42−0.164%$354K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.42−0.165%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.44−0.145%$49K$784K20xas long as short
Nado SOL-PERP+0.0100%1h119.46−0.128%$6.3M$41.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.49−0.102%$721.5M$414.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.45−0.136%$179.8M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.47−0.121%$12.4M$115.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.45−0.136%$979.2M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h119.48−0.111%$826.4M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.42−0.161%$371.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.39−0.186%$235K$872K10xas long as short
Arcus SOL-USD+0.0100%1h119.49−0.106%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.66+0.037%$134.1M$11.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.40−0.178%$429.5M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.40−0.176%$141.0M$197.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.46−0.131%$498.6M$452.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.45−0.136%$24.3M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.47−0.120%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.69+0.068%$96.1M$402.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.56−0.047%$49.0M$33.3M20xas long as short
ApeX Omni SOLUSDTlong+0.0100%1h119.61long leg$1.5M$6.2M50x
StandX SOL-USD+0.0100%1h119.48−0.111%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.40−0.178%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.45−0.137%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.47−0.117%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.40−0.182%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.42−0.161%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.45−0.136%$46.7M$101.7M50xas long as short
Extended SOL-USD+0.0104%1h119.40−0.177%$8.7M$36.8M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.49−0.103%$8.2M$417.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.50−0.096%$221.2M500xas long as short
Phoenix SOL+0.0154%1h119.58−0.028%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0090%1h119.47−0.121%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.46−0.132%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.38−0.195%$1.1M$560K25xas long as short
BloFin SOL-USDT+0.0220%8h119.41−0.170%$52.0M$86.8M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.45−0.136%$35.6M$91.2M100xas long as short