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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Coinbase International against Bullet+0.013%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)−0.352%−$35 · spread now +0.013%, 7d avg +0.021%
Together, before fees−0.338%−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD118.900.0087pay 0.0011% / 1h58m 17s$199K$1.8M20x
ShortCoinbase International SOL-PERP-INTX118.920.0112get 0.0014% / 1h58m 17s$8.0M$414.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$5.35
Price spread: +0.013% → +0.021%
−$0.74
Slippage, 4 orders
−$3.96
Fee Bullet: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.34
Costs to cover
0.220%
Break-even
29.7 days
Slippage from Bullet: live order book, 1 min ago; Coinbase International: live order book, 6 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, 1 min ago0.08 bp5.2 bp −$58.5 bp −$85doesn't fitdoesn't fit
Sell Coinbase International live order book, 6 min ago0.04 bp5.1 bp −$57.5 bp −$7516.1 bp −$1,61494.7 bp −$47.3K

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
Injective SOL/USDC PERP−0.0151%1h118.68−0.185%$4K$2K12xas long as short
Vest SOL-PERP−0.0084%1h118.94+0.033%$731K20xas long as short
Aftermath Perps SOLUSD−0.0083%1h119.05+0.128%$24K$48K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.05+0.122%$844$8K25xas long as short
Derive SOL-PERP−0.0065%1h118.83−0.062%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.94+0.034%$49K150xas long as short
dYdX SOL-USD0.0000%1h119.04+0.119%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m119.01+0.092%$191K$4.1M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0017%1h118.95+0.040%$26.7M$27.9M50xas long as short
01 Exchange SOLUSD+0.0048%1h118.98+0.067%$104K$154K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0055%8h118.92+0.013%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0065%8h118.86−0.032%$231.6M$43.8M75xas long as short
SoDEX SOL-USD+0.0067%1h118.87−0.025%$6.2M$10.8M20xas long as short
ApeX Omni SOLUSDT+0.0076%1h119.13+0.193%$1.5M$6.3M50xas long as short
Gate SOL_USDT+0.0079%8h118.95+0.042%$858.5M$672.3M100xas long as short
KuCoin SOLUSDTM+0.0083%8h118.97+0.058%$144.1M$196.5M75xas long as short
Bullet SOL-USDlong+0.0087%1h118.90long leg$199K$1.8M20x
Lighter SOL+0.0096%1h118.88−0.019%$13.4M$52.6M25xas long as short
Lighter RH SOL+0.0096%1h118.86−0.034%$2.0M$16.5M25xas long as short
Bitget SOLUSDT+0.0096%8h118.87−0.025%$495.9M$452.2M100xas long as short
Aevo SOL-PERP+0.0096%1h118.87−0.024%$353K$746K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.98+0.066%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.00+0.084%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h119.05+0.127%$5.6M$40.8M40xas long as short
Hyperliquid SOL+0.0100%1h119.05+0.126%$718.7M$443.2M20xas long as short
Aster SOLUSDT+0.0100%8h118.94+0.031%$179.9M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.06+0.134%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.84−0.051%$975.8M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h118.93+0.025%$822.1M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.88−0.017%$367.9M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.16+0.219%$234K$868K10xas long as short
Arcus SOL-USD+0.0100%1h119.03+0.109%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.157%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.93+0.025%$470.7M$1.07B300xas long as short
BingX SOL-USDT+0.0100%8h118.91+0.011%$372.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.08+0.151%$24.2M$38.3M50xas long as short
Variational Omni SOL+0.0100%8h119.33+0.359%$27.8M$126.3Mas long as short
edgeX SOLUSDC+0.0100%4h119.09+0.156%$95.6M$395.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.08+0.148%$48.7M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.10+0.168%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.96+0.050%$361K$2.4M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.92+0.018%$38K$14K25xas long as short
SunX SOL-USDT+0.0100%8h118.86−0.031%$193K$1.9M30xas long as short
Phemex SOLUSDT+0.0100%8h118.85−0.042%$46.4M$100.1M50xas long as short
Extended SOL-USD+0.0104%1h118.87−0.024%$8.7M$37.4M50xas long as short
Kalshi KXSOLPERP+0.0111%8h119.05+0.130%$1.2M$21.0M3.1xas long as short
Coinbase International SOL-PERP-INTXshort+0.0112%1h118.92+0.013%$8.0M$414.9M50x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.07+0.147%$218.3M500xas long as short
Hibachi SOL/USDT-P+0.0128%1h119.10+0.169%$123K$608K20xas long as short
Phoenix SOL+0.0149%1h119.28+0.320%$7.3M$11.2M25xas long as short
RISEx SOL/USDC+0.0175%1h119.00+0.085%$1.6M$6.4M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.94+0.030%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h119.07+0.143%$51.7M$91.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.89−0.008%$36.1M$90.7M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0178%1h118.94+0.030%$3.5M200xas long as short