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−0.0230%/8h= −25.2% APRnext payment $0.29 per $10,000 · paid last 24h +0.195%
Price spread now: Injective against ApeX Omni−0.339%7-day average · 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+0.351%+$35 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.339% cheaper against ApeX Omni than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.351%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT119.080.0079pay 0.0010% / 1h56m 27s$1.5M$6.2M50x
ShortInjective SOL/USDC PERP118.68−0.0151pay 0.0019% / 1h56m 27s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$48.38
Price spread: −0.339% → 0.000%
−$33.93
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$92.33
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 3 min ago; Injective: 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, 3 min ago1.26 bp7.0 bp −$79.6 bp −$9666.8 bp −$6,676doesn't fit
Sell Injective no order-book sample
Injective: 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 PERPshort−0.0151%1h118.68−0.339%$4K$2K12x
Aftermath Perps SOLUSD−0.0084%1h119.04−0.041%$24K$48K20xas long as short
Vest SOL-PERP−0.0084%1h118.92−0.140%$731K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.04−0.037%$844$8K25xas long as short
Derive SOL-PERP−0.0065%1h118.92−0.138%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.00−0.074%$49K150xas long as short
dYdX SOL-USD0.0000%1h119.13+0.038%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.97−0.099%$191K$4.1M8.3xas long as short
01 Exchange SOLUSD+0.0048%1h118.95−0.113%$104K$152K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0053%1h119.06−0.017%$26.7M$27.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0055%8h119.00−0.067%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0067%8h118.94−0.118%$231.8M$43.7M75xas long as short
ApeX Omni SOLUSDTlong+0.0079%1h119.08long leg$1.5M$6.2M50x
Gate SOL_USDT+0.0081%8h119.00−0.071%$858.4M$672.9M100xas long as short
KuCoin SOLUSDTM+0.0085%8h118.94−0.118%$144.4M$197.0M75xas long as short
Lighter SOL+0.0096%1h119.05−0.028%$13.5M$52.7M25xas long as short
Lighter RH SOL+0.0096%1h119.03−0.042%$2.0M$16.6M25xas long as short
Bitget SOLUSDT+0.0096%8h118.95−0.113%$496.3M$451.1M100xas long as short
Aevo SOL-PERP+0.0096%1h118.98−0.087%$353K$746K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.97−0.099%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.96−0.104%$47K$781K20xas long as short
Nado SOL-PERP+0.0100%1h118.97−0.100%$5.6M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.03−0.045%$718.3M$443.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.00−0.069%$179.6M$175.5M100xas long as short
Pacifica SOL+0.0100%1h119.07−0.012%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.93−0.129%$976.5M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h118.96−0.104%$822.6M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.94−0.121%$367.7M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.97−0.096%$233K$868K10xas long as short
Arcus SOL-USD+0.0100%1h119.03−0.041%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.003%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.95−0.113%$470.9M$1.07B300xas long as short
BingX SOL-USDT+0.0100%8h118.98−0.090%$372.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.09+0.005%$24.2M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.33+0.204%$27.8M$126.3Mas long as short
edgeX SOLUSDC+0.0100%4h119.13+0.038%$95.7M$394.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.06−0.017%$48.7M$33.5M20xas long as short
StandX SOL-USD+0.0100%1h119.06−0.020%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.96−0.104%$361K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.96−0.104%$201K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.02−0.058%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.97−0.093%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.98−0.087%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.99−0.079%$46.4M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h118.92−0.134%$8.7M$37.3M50xas long as short
Kalshi KXSOLPERP+0.0109%8h119.01−0.062%$1.2M$20.9M3.1xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.05−0.030%$8.1M$415.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.96−0.102%$218.2M500xas long as short
Hibachi SOL/USDT-P+0.0128%1h118.97−0.093%$123K$619K20xas long as short
Phoenix SOL+0.0149%1h119.15+0.055%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h118.97−0.092%$1.6M$6.3M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.95−0.109%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h118.99−0.079%$51.9M$91.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h119.02−0.050%$36.1M$90.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0176%1h119.01−0.062%$3.5M200xas long as short