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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0120%/8h= −13.1% APRnext payment $0.15 per $10,000 · paid last 24h −0.041%
Price spread now: dYdX against Bullet+0.039%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.013%−$1 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.039%, 7d avg −0.035%
Together, before fees−0.005%−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.074% dearer against Bullet than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.035%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 3 days (−0.013% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD119.160.0100pay 0.0013% / 1h16m 18s$203K$1.7M20x
ShortdYdX SOL-USD119.21−0.0020pay 0.0002% / 1h16m 18s$4.9M$25.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$25.1
Price spread: +0.039% → −0.035%
$7.42
Slippage, 4 orders
−$6.3
Fee Bullet: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$41.98
Costs to cover
0.243%
Break-even
never at this rate
Slippage from Bullet: live order book, 3 min ago; dYdX: live order book, 3 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, 3 min ago0.50 bp5.5 bp −$59.2 bp −$92doesn't fitdoesn't fit
Sell dYdX live order book, 3 min ago0.84 bp5.8 bp −$69.9 bp −$9920.8 bp −$2,07829.0 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
Hotstuff SOL-PERP−0.0080%1h119.00−0.133%$931$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.09−0.058%$608K20xas long as short
Derive SOL-PERP−0.0062%1h119.11−0.046%$2.0M$2.7M13xas long as short
dYdX SOL-USDshort−0.0020%1h119.21+0.039%$4.9M$25.8M20x
Kraken Futures PF_SOLUSD−0.0014%1h119.24+0.061%$32.3M$97.0M100xas long as short
Hibachi SOL/USDT-P−0.0008%1h118.90−0.219%$100K$650K20xas long as short
HTX SOL-USDT0.0000%8h119.11−0.047%$231.7M$44.1M75xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.20+0.030%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.19+0.022%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.20+0.031%$154K$3.8M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.18+0.013%$104K$160K20xas long as short
Bluefin SOL-PERP+0.0067%1h119.19+0.018%$37K$17K25xas long as short
BingX SOL-USDC+0.0080%8h119.14−0.020%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h119.18+0.014%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.24+0.065%$8.1M$410.7M50xas long as short
Gate SOL_USDT+0.0094%8h119.18+0.013%$857.6M$670.1M100xas long as short
Lighter SOL+0.0096%1h119.20+0.030%$14.1M$56.3M25xas long as short
Lighter RH SOL+0.0096%1h119.20+0.029%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.14−0.023%$349K$260K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.20+0.030%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.13−0.029%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h119.15−0.008%$6.3M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.29+0.106%$726.7M$397.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.21+0.039%$180.1M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.22+0.047%$12.3M$125.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.20+0.031%$981.4M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.25+0.072%$826.7M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.21+0.039%$371.4M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.08−0.070%$233K$832K10xas long as short
Arcus SOL-USD+0.0100%1h119.16−0.004%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.76−0.341%$137.0M$12.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.19+0.022%$430.6M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.24+0.066%$139.0M$203.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.21+0.035%$494.4M$439.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.06−0.087%$24.0M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h119.18+0.011%$24.9M$130.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.89−0.233%$95.5M$403.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.91−0.214%$48.7M$29.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.86−0.255%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h119.01−0.129%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.18+0.013%$361K$2.4M20xas long as short
Bullet SOL-USDlong+0.0100%1h119.16long leg$203K$1.7M20x
SunX SOL-USDT+0.0100%8h119.15−0.010%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.23+0.055%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.21+0.039%$46.8M$99.7M50xas long as short
Extended SOL-USD+0.0104%1h119.17+0.005%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.10−0.054%$6.6M$13.6M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0120%1h119.27+0.086%$26.7M$24.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.02−0.119%$218.9M500xas long as short
RISEx SOL/USDC+0.0161%1h119.17+0.007%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.19+0.025%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.129%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0186%1h119.17+0.003%$1.1M$524K25xas long as short
Aftermath Perps SOLUSD+0.0194%1h119.05−0.096%$25K$50K20xas long as short
BloFin SOL-USDT+0.0220%8h119.04−0.104%$51.9M$75.0M125xas long as short