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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.019%
Price spread now: ApeX Omni against Bullet+0.269%66s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.144%−$14 on $10k
Price spread, last 7 days−0.233%−$23 · spread now +0.269%, 7d avg −0.025%
Together, before fees−0.377%−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.293% dearer against Bullet than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 3 days funding on this pair cost −0.144%, so the current rate has only just turned in your favour. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD116.400.0060pay 0.0007% / 1h12m 09s$146K$1.6M20x
ShortApeX Omni SOLUSDT116.710.0100get 0.0013% / 1h12m 09s$1.3M$6.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bullet. 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
$8.43
Price spread: +0.269% → −0.025%
$29.35
Slippage, 4 orders
−$8.24
Fee Bullet: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$11.54
Costs to cover
0.262%
Break-even
from the start
Slippage from Bullet: live order book, 2 min ago; ApeX Omni: live order book, 2 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 Bullet live order book, 2 min ago0.13 bp5.6 bp −$69.1 bp −$91doesn't fitdoesn't fit
Sell ApeX Omni live order book, 2 min ago1.72 bp6.9 bp −$79.7 bp −$9771.8 bp −$7,180doesn'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
Hibachi SOL/USDT-P−0.0216%1h116.50+0.092%$105K$703K20xas long as short
Kraken Futures PF_SOLUSD−0.0193%1h116.45+0.046%$31.4M$102.4M100xas long as short
Vest SOL-PERP−0.0107%1h116.38−0.012%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.47+0.063%$1K$8K25xas long as short
Bybit SOLUSDT−0.0059%8h116.36−0.029%$750.5M$1.40B100xas long as short
Derive SOL-PERP−0.0030%1h116.35−0.037%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.42+0.020%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.50+0.086%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0011%1h116.49+0.079%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.47+0.059%$7.6M$404.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SOL-USDlong+0.0060%1h116.40long leg$146K$1.6M20x
01 Exchange SOLUSD+0.0064%1h116.44+0.037%$99K$175K20xas long as short
Bitget SOLUSDT+0.0091%8h116.42+0.020%$480.5M$447.3M100xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.44+0.039%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.44+0.036%$13.1M$60.5M25xas long as short
Lighter RH SOL+0.0096%1h116.43+0.027%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.44+0.039%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.43+0.028%$61K$896K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.48+0.068%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.44+0.038%$5.4M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.54+0.123%$702.1M$395.8M20xas long as short
Aster SOLUSDT+0.0100%8h116.43+0.025%$174.4M$183.4M100xas long as short
Pacifica SOL+0.0100%1h116.50+0.091%$15.7M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.45+0.049%$971.3M$3.83B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.47+0.063%$367.3M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.44+0.037%$227K$846K10xas long as short
Arcus SOL-USD+0.0100%1h116.48+0.074%$919K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.46+0.054%$132.4M$15.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.41+0.011%$855.2M$668.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.44+0.037%$367.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.42+0.016%$128.7M$224.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.41+0.015%$364.9Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.45+0.046%$23.0M$40.2M50xas long as short
Variational Omni SOL+0.0100%8h116.48+0.075%$24.4M$113.5Mas long as short
edgeX SOLUSDC+0.0100%4h116.58+0.157%$93.6M$401.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.51+0.095%$47.7M$30.8M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h116.71+0.269%$1.3M$6.7M50x
StandX SOL-USD+0.0100%1h116.50+0.088%$1.3M$12.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.40+0.003%$319K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.43+0.027%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.42+0.024%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.44+0.037%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.40−0.001%$225.6M$48.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.42+0.020%$45.3M$103.4M50xas long as short
Extended SOL-USD+0.0104%1h116.39−0.009%$8.2M$37.8M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.70+0.260%$4K$2K12xas long as short
Deribit SOL_USDC-PERPETUAL+0.0110%1h116.49+0.079%$26.3M$23.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.47+0.064%$235.7M500xas long as short
Phoenix SOL+0.0151%1h116.60+0.174%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0192%1h116.39−0.010%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.50+0.088%$51.8M$67.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.41+0.013%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.48+0.070%$131K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0561%1h116.52+0.109%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0576%1h116.57+0.146%$25K$52K20xas long as short