Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.040%

Price spread now: Polymarket Perps against ApeX Omni+0.134%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs$0as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$270.275% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.270%+$27 on $10k

Price spread, last 7 days−0.077%−$8 · spread now +0.134%, 7d avg +0.010%

Together, before fees+0.193%+$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.125% dearer against ApeX Omni than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOLUSDT	118.99	0.0100	pay 0.0013% / 1h	55m 07s	$1.5M	$6.2M	50x
Short	Polymarket Perps SOL-USD	119.15	0.0100	get 0.0013% / 1h	55m 07s	$362K	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now +0.134%Rate

Funding earned: $0
Price spread: +0.134% → +0.010%: $12.46
Slippage, 4 orders: −$9.49
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$15.03
Costs to cover: 0.275%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 4 min ago; Polymarket Perps: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 4 min ago	1.26 bp	7.0 bp −$7	9.6 bp −$96	66.8 bp −$6,676	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	0.84 bp	7.0 bp −$7	9.5 bp −$95	doesn't fit	doesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SOL/USDC PERP	−0.0151%	1h	118.68	−0.261%	$4K	$2K	12x	as long as short
Aftermath Perps SOLUSD	−0.0084%	1h	119.05	+0.048%	$24K	$47K	20x	as long as short
Vest SOL-PERP	−0.0083%	1h	119.05	+0.052%	—	$726K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.04	+0.042%	$844	$8K	25x	as long as short
Derive SOL-PERP	−0.0065%	1h	119.11	+0.097%	$2.0M	$3.2M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.19	+0.165%	$50K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.07	+0.066%	$4.9M	$26.8M	20x	as long as short
Perpl SOL	0.0000%	43m	119.11	+0.097%	$191K	$4.1M	8.3x	as long as short
Orderly PERP_SOL_USDC	+0.0056%	8h	119.19	+0.170%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	119.14	+0.126%	$104K	$152K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0070%	8h	119.04	+0.039%	$232.0M	$43.7M	75x	as long as short
Gate SOL_USDT	+0.0082%	8h	119.13	+0.118%	$859.4M	$673.2M	100x	as long as short
KuCoin SOLUSDTM	+0.0086%	8h	119.19	+0.169%	$145.5M	$197.3M	75x	as long as short
Lighter SOL	+0.0096%	1h	119.17	+0.148%	$13.5M	$52.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.17	+0.150%	$2.0M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.17	+0.151%	$354K	$746K	20x	as long as short
Bitget SOLUSDT	+0.0097%	8h	119.14	+0.125%	$497.2M	$451.1M	100x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	119.05	+0.054%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.12	+0.109%	$47K	$781K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.07	+0.064%	$5.6M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.23	+0.202%	$719.6M	$444.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.15	+0.134%	$179.9M	$174.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.09	+0.084%	$12.4M	$113.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.16	+0.144%	$978.4M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.17	+0.151%	$824.1M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.13	+0.118%	$369.9M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.97	−0.017%	$233K	$868K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.12	+0.112%	$1.9M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.09	+0.082%	$133.4M	$13.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.14	+0.126%	$473.2M	$1.07B	300x	as long as short
BingX SOL-USDT	+0.0100%	8h	119.14	+0.126%	—	$372.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.19	+0.168%	$24.2M	$37.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.07	+0.071%	$27.7M	$126.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.93	−0.050%	$95.5M	$395.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.07	+0.069%	$48.7M	$33.6M	20x	as long as short
ApeX Omni SOLUSDTlong	+0.0100%	1h	118.99	long leg	$1.5M	$6.2M	50x
StandX SOL-USD	+0.0100%	1h	119.06	+0.059%	$1.4M	$13.1M	30x	as long as short
Polymarket Perps SOL-USDshort	+0.0100%	1h	119.15	+0.134%	$362K	$2.4M	20x
Bullet SOL-USD	+0.0100%	1h	119.15	+0.133%	$201K	$1.8M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.18	+0.161%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.04	+0.044%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.18	+0.160%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.11	+0.101%	$46.5M	$99.9M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0101%	1h	119.25	+0.222%	$26.8M	$27.8M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.16	+0.142%	$8.7M	$37.3M	50x	as long as short
Kalshi KXSOLPERP	+0.0104%	8h	119.14	+0.125%	$1.2M	$20.9M	3.1x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.23	+0.201%	$8.1M	$415.2M	50x	as long as short
Hibachi SOL/USDT-P	+0.0120%	1h	119.02	+0.028%	$123K	$621K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.07	+0.064%	—	$217.6M	500x	as long as short
Phoenix SOL	+0.0149%	1h	119.15	+0.134%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.12	+0.111%	$1.6M	$6.2M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.15	+0.133%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.18	+0.160%	$52.0M	$91.2M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.20	+0.173%	$36.1M	$89.9M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0174%	1h	119.18	+0.160%	$3.6M	—	200x	as long as short