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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Katana Perps against Bullet−0.182%48s7-day average −0.066% · you buy dearer than you sell
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 3 days (all we have)+0.009%+$1 on $10k
Price spread, last 7 days+0.140%+$14 · spread now −0.182%, 7d avg −0.066%
Together, before fees+0.150%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.116% cheaper against Bullet than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.066%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD117.510.0100pay 0.0013% / 1h41m 32s$200K$1.6M20x
ShortKatana Perps SOL-USD117.300.0100get 0.0100% / 8h5h 41m$65K$839K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
−$0.04
Price spread: −0.182% → −0.066%
−$11.56
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$23.41
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: Bullet: live order book, 3 min ago; Katana Perps: 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 Bullet live order book, 3 min ago0.38 bp6.7 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell Katana Perps no order-book sample
Katana Perps: 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
Hotstuff SOL-PERP−0.0080%1h117.33−0.154%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.27−0.204%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.51−0.004%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.42−0.078%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.50−0.011%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.32−0.166%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.56+0.040%$1.4M$19.5M3.1xas long as short
HTX SOL-USDT+0.0055%8h117.49−0.017%$228.2M$45.6M75xas long as short
01 Exchange SOLUSD+0.0056%1h117.31−0.173%$100K$163K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0057%1h117.55+0.028%$26.4M$25.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.55+0.029%$8.0M$403.4M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.34−0.152%$100K$691K20xas long as short
BingX SOL-USDT+0.0080%8h117.31−0.176%$362.8Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.51−0.005%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.29−0.193%$13.0M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.28−0.203%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.50−0.007%$344K$225K20xas long as short
Katana Perps SOL-USDshort+0.0100%8h117.30−0.182%$65K$839K20x
Paradex SOL-USD-PERP+0.0100%8h117.28−0.197%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.34−0.148%$5.8M$39.5M40xas long as short
Aster SOLUSDT+0.0100%8h117.32−0.165%$176.1M$176.9M100xas long as short
Pacifica SOL+0.0100%1h117.32−0.163%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.32−0.165%$965.6M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.36−0.131%$819.4M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.30−0.182%$365.2M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.38−0.114%$238K$848K10xas long as short
Arcus SOL-USD+0.0100%1h117.32−0.168%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45−0.054%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.27−0.207%$856.5M$647.0M100xas long as short
MEXC SOL_USDT+0.0100%8h117.28−0.199%$423.2M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.29−0.189%$129.9M$212.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.28−0.199%$485.7M$433.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.49−0.020%$23.7M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.36−0.127%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.40−0.096%$94.3M$398.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.46−0.045%$48.1M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.39−0.108%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.52+0.006%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.50−0.011%$352K$2.4M20xas long as short
Bullet SOL-USDlong+0.0100%1h117.51long leg$200K$1.6M20x
Bluefin SOL-PERP+0.0100%1h117.48−0.024%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.53+0.013%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.51−0.003%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.50−0.011%$45.7M$100.2M50xas long as short
Extended SOL-USD+0.0104%1h117.27−0.203%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.44−0.061%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.040%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.39−0.109%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0160%1h117.41−0.088%$717.2M$393.4M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.49−0.019%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38−0.114%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.48−0.028%$51.9M$71.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.50−0.014%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0382%1h117.47−0.036%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.53+0.016%$128K$3.8M8.3xas long as short