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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Kraken Futures against Bullet+0.001%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 3 days (all we have)−0.157%−$16 · spread now +0.001%, 7d avg +0.001%
Together, before fees−0.151%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD119.810.0100pay 0.0013% / 1h53m 09s$202K$1.7M20x
ShortKraken Futures PF_SOLUSD119.810.0104get 0.0013% / 1h53m 09s$32.7M$97.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$0.93
Price spread: +0.001% → +0.001%
−$0.06
Slippage, 4 orders
−$7.58
Fee Bullet: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$24.72
Costs to cover
0.256%
Break-even
193.1 days
Slippage from Bullet: live order book, 1 min ago; Kraken Futures: live order book, 1 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 ago0.25 bp6.0 bp −$69.8 bp −$98doesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago0.42 bp6.9 bp −$78.4 bp −$8413.4 bp −$1,33520.2 bp −$10.1K

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%1h119.77−0.030%$849$8K25xas long as short
Vest SOL-PERP−0.0065%1h119.77−0.034%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.71−0.082%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.81+0.001%$116K150xas long as short
dYdX SOL-USD0.0000%1h119.85+0.038%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.84+0.027%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.85+0.036%$178K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0053%1h119.85+0.034%$26.8M$26.1M50xas long as short
ApeX Omni SOLUSDT+0.0053%1h119.48−0.274%$1.5M$6.2M50xas long as short
01 Exchange SOLUSD+0.0064%1h119.90+0.077%$105K$157K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0071%8h119.81−0.003%$1.1M$5.9M100xas long as short
BingX SOL-USDC+0.0080%8h119.80−0.004%$10.5Mas long as short
HTX SOL-USDT+0.0087%8h119.78−0.020%$233.2M$45.1M75xas long as short
Gate SOL_USDT+0.0089%8h119.78−0.024%$873.9M$673.4M100xas long as short
Lighter SOL+0.0096%1h119.81+0.005%$13.7M$55.3M25xas long as short
Lighter RH SOL+0.0096%1h119.79−0.012%$2.2M$16.9M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h119.81+0.005%$122K$639K20xas long as short
Aevo SOL-PERP+0.0096%1h119.76−0.037%$355K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h119.85+0.037%$8.3M$419.4M50xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.77−0.032%$1.1M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.84+0.027%$46K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.89+0.064%$6.1M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.92+0.093%$725.7M$409.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.83+0.018%$179.4M$175.0M100xas long as short
Pacifica SOL+0.0100%1h119.86+0.044%$12.4M$119.6M20xas long as short
Binance SOLUSDT+0.0100%8h119.83+0.018%$987.4M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.85+0.038%$833.4M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.81+0.001%$374.1M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.78−0.024%$234K$876K10xas long as short
Arcus SOL-USD+0.0100%1h119.91+0.083%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.35−0.382%$133.8M$7.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.82+0.010%$457.2M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.83+0.014%$140.2M$203.5M75xas long as short
Bitget SOLUSDT+0.0100%8h119.80−0.004%$498.9M$456.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.84+0.027%$24.3M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.52−0.242%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.65−0.131%$96.1M$401.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.76−0.041%$49.0M$31.2M20xas long as short
StandX SOL-USD+0.0100%1h119.77−0.032%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.84+0.027%$371K$2.4M20xas long as short
Bullet SOL-USDlong+0.0100%1h119.81long leg$202K$1.7M20x
Bluefin SOL-PERP+0.0100%1h119.81+0.002%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h119.86+0.046%$195K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.81+0.001%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.84+0.027%$46.8M$102.4M50xas long as short
Phoenix SOL+0.0100%1h119.58−0.191%$6.6M$13.7M25xas long as short
Aftermath Perps SOLUSD+0.0102%1h119.57−0.197%$24K$47K20xas long as short
Extended SOL-USD+0.0104%1h119.77−0.034%$8.7M$36.0M50xas long as short
Kraken Futures PF_SOLUSDshort+0.0104%1h119.81+0.001%$32.7M$97.0M100x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.84+0.027%$224.5M500xas long as short
Injective SOL/USDC PERP+0.0170%1h119.02−0.658%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h119.82+0.008%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h119.81+0.001%$52.1M$84.5M125xas long as short
RISEx SOL/USDC+0.0226%1h119.92+0.097%$1.7M$5.3M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0241% / S −0.0186%1h119.81+0.004%$3.8M200xas long as short