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+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.052%
Price spread now: Aftermath Perps against Backpack+0.021%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aftermath Perps is 0.021% dearer against Backpack than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SOL_USDC_PERP118.020.0100pay 0.0013% / 1h52m 39s$23.8M$36.9M50x
ShortAftermath Perps SOLUSD118.040.0290get 0.0036% / 1h52m 39s$25K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Backpack. 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
$39.8
Price spread: +0.021% → 0.000%
$2.06
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$22.86
Costs to cover
0.190%
Break-even
3.0 days
Slippage unknown: Backpack: live order book, 2 min ago; Aftermath Perps: 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 Backpack live order book, 2 min ago0.42 bp6.9 bp −$77.8 bp −$7810.0 bp −$9982111.1 bp −$1.06M
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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
ApeX Omni SOLUSDT−0.1080%1h118.05+0.024%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h117.62−0.337%$92K$705K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.56−0.388%$919$8K25xas long as short
Vest SOL-PERP−0.0078%1h117.77−0.209%$610K20xas long as short
HTX SOL-USDT−0.0072%8h117.87−0.123%$229.2M$44.9M75xas long as short
Derive SOL-PERP−0.0022%1h117.86−0.137%$2.0M$2.7M13xas long as short
Gate SOL_USDT−0.0008%8h118.06+0.034%$852.4M$649.7M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.93−0.076%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.07+0.043%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.76−0.220%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m117.84−0.153%$131K$4.0M8.3xas long as short
RISEx SOL/USDC+0.0018%1h118.04+0.020%$1.8M$4.6M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.94−0.069%$31.5M$98.6M100xas long as short
01 Exchange SOLUSD+0.0064%1h117.88−0.119%$102K$162K20xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.98−0.031%$7.9M$410.6M50xas long as short
BingX SOL-USDC+0.0080%8h118.04+0.019%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h117.96−0.054%$1.1M$5.9M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0093%1h117.99−0.027%$26.4M$25.3M50xas long as short
Lighter SOL+0.0096%1h118.00−0.016%$13.5M$58.1M25xas long as short
Lighter RH SOL+0.0096%1h117.99−0.028%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h117.92−0.087%$346K$262K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.04+0.019%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.74−0.237%$45K$819K20xas long as short
Nado SOL-PERP+0.0100%1h117.82−0.165%$5.7M$41.4M40xas long as short
Aster SOLUSDT+0.0100%8h118.08+0.051%$177.6M$180.9M100xas long as short
Pacifica SOL+0.0100%1h118.05+0.023%$12.9M$128.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.04+0.015%$977.1M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.10+0.064%$821.8M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.05+0.025%$366.7M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.10+0.068%$255K$909K10xas long as short
Arcus SOL-USD+0.0100%1h118.08+0.049%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.15+0.110%$136.0M$13.0M20xas long as short
MEXC SOL_USDT+0.0100%8h118.07+0.042%$423.0M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.05+0.023%$133.7M$207.5M75xas long as short
Bitget SOLUSDT+0.0100%8h118.06+0.030%$490.0M$445.6M100xas long as short
Backpack SOL_USDC_PERPlong+0.0100%1h118.02long leg$23.8M$36.9M50x
Variational Omni SOL+0.0100%8h117.61−0.350%$24.4M$130.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.09+0.060%$94.9M$399.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.64−0.324%$48.2M$29.6M20xas long as short
StandX SOL-USD+0.0100%1h117.58−0.373%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.88−0.119%$351K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h117.93−0.075%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.92−0.088%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h117.93−0.073%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.94−0.068%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.96−0.051%$46.0M$100.8M50xas long as short
Phoenix SOL+0.0101%1h117.72−0.254%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.05+0.022%$8.3M$35.7M50xas long as short
Hyperliquid SOL+0.0111%1h118.12+0.085%$718.0M$400.9M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.74−0.238%$228.6M500xas long as short
Reya SOLRUSDPERP+0.0187%1h117.89−0.108%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h117.98−0.034%$52.3M$74.2M125xas long as short
Injective SOL/USDC PERP+0.0222%1h119.50+1.254%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h117.92−0.085%$3.7M200xas long as short
Aftermath Perps SOLUSDshort+0.0290%1h118.04+0.021%$25K$51K20x