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+0.0103%/8h= +11.3% APRpaid last 24h +0.025%
Price spread now: Paradex against ApeX Omni+0.178%50s7-day average −0.014% · 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−$200.195% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.163%+$16 on $10k
Price spread, last 4 days (all we have)−0.647%−$65 · spread now +0.178%, 7d avg −0.014%
Together, before fees−0.484%+ Points / potential airdropParadex: Active · farm board−$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.193% dearer against ApeX Omni than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT117.89−0.0003get 0.0000% / 1h26m 42s$1.5M$6.0M50x
ShortParadex SOL-USD-PERP118.110.0100get 0.0100% / 8h6h 26m$1.0M$519K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$21.62
Price spread: +0.178% → −0.014%
$19.26
Slippage, 4 orders
−$5.53
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
$21.35
Costs to cover
0.195%
Break-even
0.1 days
Slippage from ApeX Omni: live order book, 2 min ago; Paradex: 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 ago0.42 bp5.9 bp −$68.6 bp −$8666.3 bp −$6,629doesn't fit
Sell Paradex live order book, 2 min ago1.95 bp4.0 bp −$410.3 bp −$103doesn't fitdoesn'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%1h118.06+0.141%$923$8K25xas long as short
Vest SOL-PERP−0.0069%1h117.96+0.054%$607K20xas long as short
Derive SOL-PERP−0.0049%1h117.89−0.003%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0040%1h117.98+0.069%$92K$682K20xas long as short
ApeX Omni SOLUSDTlong−0.0003%1h117.89long leg$1.5M$6.0M50x
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.99+0.080%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.96+0.055%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.06+0.142%$1.4M$21.1M3.1xas long as short
Perpl SOL0.0000%43m118.06+0.137%$129K$3.9M8.3xas long as short
RISEx SOL/USDC+0.0018%1h118.02+0.104%$2.0M$4.7M20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0038%8h117.94+0.040%$229.2M$45.5M75xas long as short
Gate SOL_USDT+0.0038%8h117.95+0.047%$855.1M$661.3M100xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.94+0.037%$31.6M$98.8M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0070%1h118.02+0.102%$26.5M$25.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.97+0.067%$8.0M$410.2M50xas long as short
BingX SOL-USDT+0.0080%8h117.94+0.042%$369.2Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h118.00+0.087%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h118.01+0.098%$13.1M$59.8M25xas long as short
Lighter RH SOL+0.0096%1h117.96+0.059%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h118.06+0.140%$103K$160K20xas long as short
Aevo SOL-PERP+0.0096%1h117.97+0.066%$346K$256K20xas long as short
Paradex SOL-USD-PERPshort+0.0100%8h118.11+0.178%$1.0M$519K50x
Katana Perps SOL-USD+0.0100%8h118.00+0.089%$63K$853K20xas long as short
Nado SOL-PERP+0.0100%1h118.05+0.127%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.98+0.073%$177.2M$179.9M100xas long as short
Pacifica SOL+0.0100%1h118.06+0.138%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.04+0.123%$972.9M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.09+0.167%$823.2M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.08+0.157%$366.5M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.94+0.038%$238K$894K10xas long as short
Arcus SOL-USD+0.0100%1h118.03+0.118%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.290%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h118.05+0.131%$425.2M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.97+0.067%$131.6M$210.4M75xas long as short
Bitget SOLUSDT+0.0100%8h117.95+0.050%$488.5M$440.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.96+0.055%$23.8M$37.4M50xas long as short
Variational Omni SOL+0.0100%8h117.72−0.151%$24.4M$125.7Mas long as short
edgeX SOLUSDC+0.0100%4h117.87−0.018%$94.7M$403.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.78−0.094%$48.2M$29.0M20xas long as short
StandX SOL-USD+0.0100%1h117.87−0.021%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.02+0.106%$355K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.02+0.104%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.97+0.068%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.01+0.094%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.96+0.055%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.97+0.064%$46.0M$101.6M50xas long as short
Phoenix SOL+0.0101%1h117.98+0.072%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.89−0.005%$8.2M$35.9M50xas long as short
Hyperliquid SOL+0.0108%1h118.08+0.157%$721.5M$402.6M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.05+0.131%$226.9M500xas long as short
Reya SOLRUSDPERP+0.0188%1h118.01+0.099%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87−0.021%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h118.00+0.086%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0321%1h117.86−0.030%$25K$51K20xas long as short