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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0151%/8h= −16.6% APRnext payment $0.19 per $10,000 · paid last 24h −0.045%
Price spread now: Vest against Backpack−0.038%7-day average −0.103% · you buy dearer than you sell
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 4 days (all we have)−0.108%−$11 on $10k
Price spread, last 7 days+0.918%+$92 · spread now −0.038%, 7d avg −0.103%
Together, before fees+0.810%+ Points / potential airdropVest: Active · farm board+$81 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.066% dearer against Backpack than usual: you sell high and buy low (spread −0.038% now, against its 7-day average of −0.103%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SOL_USDC_PERP116.070.0100pay 0.0013% / 1h24m 19s$22.8M$35.9M50x
ShortVest SOL-PERP116.03−0.0051pay 0.0006% / 1h24m 19s$756K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$31.75
Price spread: −0.038% → −0.103%
$6.58
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$37.17
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 5 min ago; Vest: 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, 5 min ago0.43 bp5.4 bp −$55.5 bp −$558.4 bp −$8441586.1 bp −$793.0K
Sell Vest no order-book sample
Vest: 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
Kraken Futures PF_SOLUSD−0.0153%1h116.06−0.008%$32.4M$106.9M100xas long as short
Hibachi SOL/USDT-P−0.0120%1h116.14+0.059%$99K$673K20xas long as short
Bybit SOLUSDT−0.0108%8h116.01−0.052%$733.0M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.17+0.082%$1K$8K25xas long as short
Derive SOL-PERP−0.0075%1h115.96−0.096%$1.8M$3.0M13xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.250%$4K$2K12xas long as short
Vest SOL-PERPshort−0.0051%1h116.03−0.038%$756K20x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.11+0.033%$42K150xas long as short
Variational Omni SOL0.0000%8h116.07+0.003%$24.8M$107.5Mas long as short
Kalshi KXSOLPERP0.0000%8h116.09+0.020%$1.4M$19.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m116.02−0.043%$103K$3.5M8.3xas long as short
dYdX SOL-USD+0.0005%1h116.10+0.024%$4.3M$23.5M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0012%1h116.09+0.016%$26.3M$21.6M50xas long as short
Bitget SOLUSDT+0.0023%8h116.00−0.058%$478.5M$456.1M100xas long as short
SoDEX SOL-USD+0.0045%1h116.03−0.034%$6.1M$11.0M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.04−0.023%$7.8M$398.8M50xas long as short
Aster SOLUSDT+0.0049%8h116.04−0.026%$176.7M$168.5M100xas long as short
01 Exchange SOLUSD+0.0056%1h116.070.000%$98K$180K20xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.03−0.033%$1.0M$5.9M100xas long as short
Lighter RH SOL+0.0072%1h116.04−0.028%$2.1M$16.7M25xas long as short
Paradex SOL-USD-PERP+0.0093%8h116.04−0.024%$1.0M$555K50xas long as short
Lighter SOL+0.0096%1h116.06−0.006%$13.1M$60.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.04−0.027%$350K$256K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.01−0.052%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.03−0.031%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.12+0.043%$695.8M$407.7M20xas long as short
Pacifica SOL+0.0100%1h116.10+0.026%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.02−0.043%$959.1M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.02−0.043%$366.3M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.99−0.069%$217K$839K10xas long as short
Arcus SOL-USD+0.0100%1h116.05−0.017%$921K$8.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.01−0.052%$843.9M$666.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.02−0.043%$370.5M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.03−0.038%$129.1M$236.0M75xas long as short
BingX SOL-USDC+0.0100%8h115.97−0.084%$10.7Mas long as short
Backpack SOL_USDC_PERPlong+0.0100%1h116.07long leg$22.8M$35.9M50x
edgeX SOLUSDC+0.0100%4h116.26+0.162%$93.3M$405.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.18+0.095%$47.5M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.36+0.246%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.18+0.095%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.02−0.043%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.04−0.024%$284K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.20+0.978%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.03−0.034%$188K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h115.97−0.088%$224.6M$50.6M75xas long as short
Phemex SOLUSDT+0.0100%8h116.04−0.026%$45.1M$104.3M50xas long as short
Bulk SOL-USD+0.0100%1h116.35+0.241%$125.8M$26.4M20xas long as short
Extended SOL-USD+0.0104%1h115.98−0.074%$8.2M$37.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.04−0.028%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.20+0.112%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.00−0.061%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.070.000%$52.1M$65.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.11+0.033%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0465%1h116.25+0.155%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.10+0.023%$2.1M$4.8M20xas long as short