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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.041%
Price spread now: RISEx against Arcus0.000%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.188% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.090%+$9 on $10k
Price spread, last 7 days−0.051%−$5 · spread now 0.000%, 7d avg −0.031%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and RISEx is 0.030% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus SOL-USD119.140.0100pay 0.0013% / 1h13m 25s$2.0M$8.9M20x
ShortRISEx SOL/USDC119.140.0161get 0.0020% / 1h13m 25s$1.8M$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Arcus. 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
$12.82
Price spread: 0.000% → −0.031%
$3.05
Slippage, 4 orders
−$8.33
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$2.96
Costs to cover
0.188%
Break-even
8.6 days
Slippage from Arcus: live order book, 1 min ago; RISEx: live order book, 1 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 Arcus live order book, 1 min ago1.80 bp6.5 bp −$710.1 bp −$10114.6 bp −$1,459doesn't fit
Sell RISEx live order book, 1 min ago0.67 bp4.6 bp −$58.9 bp −$89doesn'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
Derive SOL-PERP−0.0082%1h119.12−0.018%$2.0M$2.7M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.17+0.022%$932$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.16+0.014%$608K20xas long as short
Hibachi SOL/USDT-P−0.0024%1h119.29+0.119%$100K$660K20xas long as short
dYdX SOL-USD−0.0019%1h119.27+0.107%$4.9M$25.8M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.18+0.034%$32.4M$97.6M100xas long as short
HTX SOL-USDT−0.0010%8h119.25+0.092%$232.0M$44.2M75xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.25+0.086%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.37+0.191%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.21+0.060%$136K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.19+0.039%$104K$160K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0049%1h119.25+0.094%$26.7M$24.8M50xas long as short
Bluefin SOL-PERP+0.0072%1h119.23+0.071%$37K$17K25xas long as short
BingX SOL-USDT+0.0080%8h119.22+0.064%$366.8Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h119.21+0.057%$1.1M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.19+0.038%$8.1M$410.4M50xas long as short
Gate SOL_USDT+0.0093%8h119.18+0.031%$855.6M$671.5M100xas long as short
Lighter SOL+0.0096%1h119.20+0.052%$14.1M$56.5M25xas long as short
Lighter RH SOL+0.0096%1h119.20+0.044%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.21+0.058%$349K$253K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.19+0.037%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.16+0.014%$46K$786K20xas long as short
Nado SOL-PERP+0.0100%1h119.19+0.040%$6.1M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.31+0.140%$727.1M$397.5M20xas long as short
Aster SOLUSDT+0.0100%8h119.21+0.056%$180.2M$176.4M100xas long as short
Pacifica SOL+0.0100%1h119.23+0.076%$12.3M$125.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.22+0.065%$981.7M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.28+0.115%$828.4M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.19+0.039%$372.7M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.28+0.115%$233K$834K10xas long as short
Arcus SOL-USDlong+0.0100%1h119.14long leg$2.0M$8.9M20x
Bulk SOL-USD+0.0100%1h118.76−0.323%$137.0M$12.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.18+0.031%$432.7M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.20+0.044%$139.0M$203.5M75xas long as short
Bitget SOLUSDT+0.0100%8h119.19+0.040%$494.4M$439.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.37+0.191%$24.1M$36.8M50xas long as short
Variational Omni SOL+0.0100%8h119.18+0.028%$24.9M$130.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.20+0.048%$95.7M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.28+0.118%$48.8M$29.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.26+0.098%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h119.28+0.115%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.18+0.031%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.20+0.050%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.20+0.050%$194K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.18+0.031%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.36+0.182%$46.8M$99.7M50xas long as short
Extended SOL-USD+0.0104%1h119.17+0.022%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.10−0.036%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.37+0.188%$218.7M500xas long as short
RISEx SOL/USDCshort+0.0161%1h119.140.000%$1.8M$4.5M20x
Injective SOL/USDC PERP+0.0173%1h119.01−0.112%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h119.15+0.009%$1.1M$524K25xas long as short
Aftermath Perps SOLUSD+0.0197%1h119.18+0.031%$25K$51K20xas long as short
BloFin SOL-USDT+0.0220%8h119.27+0.107%$51.9M$75.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0172%1h119.22+0.064%$3.7M200xas long as short