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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against Bitget+0.055%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$15 on $10k
Price spread, last 4 days (all we have)−0.422%−$42 · spread now +0.055%, 7d avg +0.006%
Together, before fees−0.277%−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.050% dearer against Bitget than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.006%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOLUSDT116.630.0100pay 0.0100% / 8h4h 53m$481.6M$438.7M100x
ShortKraken Futures PF_SOLUSD116.690.0075get 0.0009% / 1h53m 42s$30.8M$100.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
−$5.21
Price spread: +0.055% → +0.006%
$4.97
Slippage, 4 orders
−$7.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$29.81
Costs to cover
0.296%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Kraken Futures: live order book, 5 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 Bitget live order book, 5 min ago0.04 bp6.0 bp −$67.6 bp −$7610.9 bp −$1,095doesn't fit
Sell Kraken Futures live order book, 5 min ago0.43 bp7.5 bp −$89.1 bp −$9113.6 bp −$1,36129.0 bp −$14.5K

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−0.0435%1h116.33−0.257%$1.7M$6.0M50xas long as short
Hotstuff SOL-PERP−0.0080%1h116.68+0.045%$912$8K25xas long as short
Vest SOL-PERP−0.0076%1h116.63+0.004%$602K20xas long as short
Hibachi SOL/USDT-P−0.0008%1h116.68+0.045%$103K$700K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.67+0.036%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.69+0.052%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.68+0.042%$1.4M$18.7M3.1xas long as short
Derive SOL-PERP+0.0012%1h116.59−0.035%$1.9M$2.8M13xas long as short
01 Exchange SOLUSD+0.0048%1h116.71+0.069%$100K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.70+0.059%$7.6M$404.3M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSDshort+0.0075%1h116.69+0.055%$30.8M$100.0M100x
Deribit SOL_USDC-PERPETUAL+0.0080%1h116.73+0.084%$26.3M$25.2M50xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.65+0.019%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.66+0.027%$13.0M$59.5M25xas long as short
Lighter RH SOL+0.0096%1h116.67+0.034%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.62−0.008%$342K$229K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.70+0.064%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.65+0.017%$50K$845K20xas long as short
Nado SOL-PERP+0.0100%1h116.66+0.026%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.76+0.111%$707.5M$394.9M20xas long as short
Aster SOLUSDT+0.0100%8h116.66+0.024%$175.2M$181.9M100xas long as short
Pacifica SOL+0.0100%1h116.70+0.057%$15.5M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.65+0.017%$961.8M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.60−0.023%$794.8M$1.32B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.66+0.026%$364.9M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.61−0.017%$232K$849K10xas long as short
Arcus SOL-USD+0.0100%1h116.69+0.055%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.024%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.65+0.017%$848.5M$651.9M100xas long as short
MEXC SOL_USDT+0.0100%8h116.66+0.026%$415.6M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.65+0.021%$126.5M$216.6M75xas long as short
Bitget SOLUSDTlong+0.0100%8h116.63long leg$481.6M$438.7M100x
BingX SOL-USDC+0.0100%8h116.62−0.006%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.66+0.026%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.68+0.039%$24.4M$115.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.36−0.230%$93.5M$396.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.56−0.058%$47.6M$29.2M20xas long as short
StandX SOL-USD+0.0100%1h116.62−0.009%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.67+0.034%$332K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.65+0.018%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.62−0.007%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.65+0.020%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.67+0.034%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.65+0.015%$226.4M$46.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.72+0.077%$45.6M$101.1M50xas long as short
Extended SOL-USD+0.0104%1h116.61−0.016%$8.0M$36.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.71+0.068%$221.3M500xas long as short
Phoenix SOL+0.0129%1h116.77+0.120%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.797%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0190%1h116.65+0.021%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h116.62−0.009%$51.8M$71.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.67+0.038%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.73+0.086%$128K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0457%1h116.79+0.137%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.76+0.113%$1.9M$4.9M20xas long as short