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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:05 UTC+0.0235%/8h= +25.7% APRpaid last 24h −0.013%
Price spread now: Perpl against Bulk+0.217%50s7-day average −0.027% · 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 4 days (all we have)−0.204%−$20 on $10k
Price spread, last 7 days−0.178%−$18 · spread now +0.217%, 7d avg −0.027%
Together, before fees−0.383%+ Points / potential airdropPerpl: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Perpl is 0.244% dearer against Bulk than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 4 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SOL-USD116.450.0100pay 0.0013% / 1h31m 31s$133.2M$20.7M20x
ShortPerpl SOL116.700.0335get 0.0030% / 43m2m 31s$140K$3.7M8.3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl against Bulk. 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
$49.33
Price spread: +0.217% → −0.027%
$24.41
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
$52.93
Costs to cover
0.208%
Break-even
from the start
Slippage unknown: Bulk: live order book, 3 min ago; Perpl: 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 Bulk live order book, 3 min ago4.29 bp7.8 bp −$87.8 bp −$787.8 bp −$7797.8 bp −$3,897
Sell Perpl no order-book sample
Perpl: 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
Hibachi SOL/USDT-P−0.0096%1h116.63+0.154%$103K$701K20xas long as short
Vest SOL-PERP−0.0096%1h116.62+0.146%$602K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.71+0.222%$913$8K25xas long as short
Derive SOL-PERP−0.0060%1h116.64+0.163%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.71+0.223%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.74+0.247%$1.5M$18.7M3.1xas long as short
dYdX SOL-USD+0.0001%1h116.79+0.290%$4.4M$24.2M20xas long as short
01 Exchange SOLUSD+0.0040%1h116.86+0.352%$100K$171K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.73+0.240%$7.5M$405.2M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.71+0.226%$31.1M$100.3M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0091%8h116.73+0.240%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.81+0.310%$13.1M$59.9M25xas long as short
Lighter RH SOL+0.0096%1h116.79+0.295%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.71+0.219%$347K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.75+0.258%$51K$867K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.84+0.338%$989K$534K50xas long as short
Nado SOL-PERP+0.0100%1h116.83+0.329%$5.4M$39.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.84+0.335%$705.6M$395.6M20xas long as short
Aster SOLUSDT+0.0100%8h116.81+0.309%$175.1M$182.5M100xas long as short
Pacifica SOL+0.0100%1h116.84+0.337%$15.7M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.85+0.343%$967.5M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.82+0.319%$786.6M$1.34B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.86+0.352%$369.5M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.67+0.189%$231K$847K10xas long as short
Arcus SOL-USD+0.0100%1h116.84+0.334%$928K$9.1M20xas long as short
Bulk SOL-USDlong+0.0100%1h116.45long leg$133.2M$20.7M20x
Gate SOL_USDT+0.0100%8h116.80+0.301%$843.2M$659.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.82+0.318%$416.9M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.80+0.298%$126.6M$218.2M75xas long as short
Bitget SOLUSDT+0.0100%8h116.79+0.291%$480.1M$441.6M100xas long as short
BingX SOL-USDT+0.0100%8h116.80+0.302%$365.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.70+0.215%$23.5M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h116.25−0.168%$24.4M$114.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.43−0.020%$93.5M$398.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.45−0.004%$47.6M$29.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.60+0.130%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.68+0.198%$1.3M$13.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.69+0.206%$321K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.69+0.206%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.66+0.183%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.68+0.199%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.71+0.223%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.62+0.146%$226.3M$47.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.70+0.215%$45.7M$101.9M50xas long as short
Extended SOL-USD+0.0104%1h116.77+0.271%$8.1M$36.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.70+0.219%$230.2M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.56+0.094%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.63+0.155%$6.5M$13.4M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0160%1h116.77+0.277%$26.3M$25.3M50xas long as short
Reya SOLRUSDPERP+0.0190%1h116.66+0.183%$1.1M$540K25xas long as short
BloFin SOL-USDT+0.0220%8h116.66+0.180%$51.7M$72.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0171%1h116.70+0.217%$3.5M200xas long as short
Perpl SOLshort+0.0335%43m116.70+0.217%$140K$3.7M8.3x
Aftermath Perps SOLUSD+0.0533%1h116.61+0.139%$25K$51K20xas long as short
RISEx SOL/USDC+0.0559%1h116.89+0.380%$1.9M$4.9M20xas long as short