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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.03 per $10,000 · paid last 24h +0.033%
Price spread now: 01 Exchange against ApeX Omni−0.185%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.185%+$18 on $10k
Price spread, last 4 days (all we have)−0.308%−$31 · spread now −0.185%, 7d avg +0.017%
Together, before fees−0.123%−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.203% 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 +0.017%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.185%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT119.190.0100pay 0.0013% / 1h12m 50s$1.5M$6.2M50x
Short01 Exchange SOLUSD118.970.0072get 0.0009% / 1h12m 50s$104K$155K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$5.88
Price spread: −0.185% → +0.017%
−$20.26
Slippage, 4 orders
−$8.61
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$51.75
Costs to cover
0.256%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 1 min ago; 01 Exchange: live order book, 6 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, 1 min ago0.42 bp5.8 bp −$68.7 bp −$8763.8 bp −$6,378doesn't fit
Sell 01 Exchange live order book, 6 min ago0.84 bp6.5 bp −$612.0 bp −$120doesn't fitdoesn't fit

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
Bluefin SOL-PERP−0.0299%1h118.97−0.188%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h118.89−0.256%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.04−0.123%$844$8K25xas long as short
Vest SOL-PERP−0.0066%1h118.94−0.210%$722K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.98−0.177%$112K150xas long as short
dYdX SOL-USD−0.0001%1h118.95−0.205%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.00−0.159%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.00−0.162%$177K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0048%1h119.18−0.011%$119K$612K20xas long as short
Phoenix SOL+0.0054%1h119.28+0.075%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0068%8h118.98−0.180%$1.1M$5.9M100xas long as short
Aftermath Perps SOLUSD+0.0069%1h119.21+0.014%$24K$47K20xas long as short
01 Exchange SOLUSDshort+0.0072%1h118.97−0.185%$104K$155K20x
BingX SOL-USDT+0.0080%8h118.95−0.204%$374.0Mas long as short
HTX SOL-USDT+0.0080%8h118.94−0.212%$231.6M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h118.93−0.219%$867.7M$687.3M100xas long as short
Lighter SOL+0.0096%1h118.94−0.214%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h118.93−0.220%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.98−0.180%$352K$748K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0096%1h119.04−0.124%$26.6M$27.7M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.00−0.159%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.98−0.177%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.05−0.122%$6.1M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.02−0.143%$717.0M$417.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.92−0.227%$178.1M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.04−0.127%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h118.95−0.202%$982.4M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.96−0.194%$826.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.92−0.227%$371.8M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.98−0.177%$233K$883K10xas long as short
Arcus SOL-USD+0.0100%1h118.99−0.168%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.076%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h118.94−0.211%$454.1M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.97−0.181%$139.9M$201.9M75xas long as short
Bitget SOLUSDT+0.0100%8h118.94−0.215%$494.6M$455.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.00−0.160%$24.1M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.22+0.024%$27.3M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23+0.035%$95.8M$401.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.17−0.018%$48.8M$31.7M20xas long as short
ApeX Omni SOLUSDTlong+0.0100%1h119.19long leg$1.5M$6.2M50x
StandX SOL-USD+0.0100%1h119.18−0.009%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.93−0.219%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.96−0.192%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.97−0.187%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.98−0.177%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.00−0.160%$46.5M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h118.95−0.201%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.02−0.143%$8.2M$415.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.97−0.184%$224.2M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.00−0.160%$32.6M$96.1M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0072%1h118.97−0.183%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h118.92−0.229%$1.1M$552K25xas long as short
RISEx SOL/USDC+0.0192%1h119.00−0.161%$1.7M$5.8M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.159%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h118.98−0.177%$52.0M$82.7M125xas long as short