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−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.022%
Price spread now: dYdX against ApeX Omni+0.076%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.159%+$16 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.076%, 7d avg −0.010%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.086% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of −0.010%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.159%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT116.870.0100pay 0.0013% / 1h1m 19s$1.2M$6.7M50x
ShortdYdX SOL-USD116.960.0003get 0.0000% / 1h1m 19s$4.4M$24.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$20.37
Price spread: +0.076% → −0.010%
$8.61
Slippage, 4 orders
−$10.91
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.67
Costs to cover
0.309%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 3 min ago; dYdX: 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 ApeX Omni live order book, 3 min ago0.86 bp6.1 bp −$69.0 bp −$9069.4 bp −$6,941doesn't fit
Sell dYdX live order book, 3 min ago4.28 bp9.3 bp −$912.8 bp −$12817.4 bp −$1,74426.7 bp −$13.3K

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−0.0168%1h116.84−0.029%$103K$698K20xas long as short
Vest SOL-PERP−0.0098%1h116.89+0.018%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.85−0.015%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.96+0.075%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.03+0.134%$1.4M$18.8M3.1xas long as short
dYdX SOL-USDshort+0.0003%1h116.96+0.076%$4.4M$24.2M20x
Derive SOL-PERP+0.0016%1h116.87−0.001%$1.9M$2.8M13xas long as short
01 Exchange SOLUSD+0.0056%1h117.01+0.120%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.95+0.065%$7.5M$404.8M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.93+0.051%$31.1M$99.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0093%8h116.94+0.063%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.95+0.071%$13.1M$60.3M25xas long as short
Lighter RH SOL+0.0096%1h116.93+0.048%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.94+0.060%$348K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.99+0.103%$51K$872K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.03+0.135%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h116.94+0.058%$5.4M$39.9M40xas long as short
Hyperliquid SOL+0.0100%1h117.07+0.171%$706.9M$394.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.96+0.075%$175.1M$182.4M100xas long as short
Pacifica SOL+0.0100%1h117.01+0.119%$15.8M$129.9M20xas long as short
Binance SOLUSDT+0.0100%8h116.97+0.082%$972.9M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.89+0.017%$782.5M$1.35B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.92+0.043%$370.0M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.870.000%$231K$837K10xas long as short
Arcus SOL-USD+0.0100%1h117.01+0.122%$927K$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.70−0.148%$134.0M$22.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.95+0.068%$843.0M$666.9M100xas long as short
MEXC SOL_USDT+0.0100%8h116.97+0.086%$373.3M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.95+0.071%$129.3M$220.9M75xas long as short
Bitget SOLUSDT+0.0100%8h116.90+0.024%$480.1M$441.1M100xas long as short
BingX SOL-USDT+0.0100%8h116.96+0.074%$365.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.86−0.009%$23.3M$39.0M50xas long as short
Variational Omni SOL+0.0100%8h116.60−0.227%$24.5M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.78−0.077%$93.8M$397.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.84−0.026%$47.8M$30.0M20xas long as short
ApeX Omni SOLUSDTlong+0.0100%1h116.87long leg$1.2M$6.7M50x
StandX SOL-USD+0.0100%1h116.79−0.068%$1.3M$12.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.95+0.068%$322K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.96+0.074%$147K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.93+0.053%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.92+0.040%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.93+0.051%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.94+0.064%$226.8M$47.4M75xas long as short
Phemex SOLUSDT+0.0100%8h116.96+0.077%$45.7M$102.1M50xas long as short
Extended SOL-USD+0.0104%1h116.88+0.005%$8.3M$37.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.87+0.003%$231.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.72−0.128%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.99+0.103%$6.5M$13.4M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0139%1h116.98+0.096%$26.4M$23.5M50xas long as short
Reya SOLRUSDPERP+0.0190%1h116.93+0.050%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h116.95+0.068%$52.1M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.95+0.070%$3.6M200xas long as short
Perpl SOL+0.0447%43m117.00+0.108%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0517%1h116.82−0.040%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h117.07+0.170%$1.9M$4.8M20xas long as short