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−0.0068%/8h= −7.4% APRpaid last 24h 0.000%
Price spread now: 01 Exchange against Bybit+0.177%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.030%+$3 on $10k
Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.177%, 7d avg +0.030%
Together, before fees−0.106%−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.146% dearer against Bybit than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of +0.030%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT118.790.0100pay 0.0100% / 8h7h 18m$823.3M$1.25B100x
Short01 Exchange SOLUSD119.000.0032get 0.0004% / 1h18m 53s$104K$160K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Bybit. 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
−$14.28
Price spread: +0.177% → +0.030%
$14.64
Slippage, 4 orders
−$6.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$24.05
Costs to cover
0.244%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; 01 Exchange: live order book, 55 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 Bybit live order book, 5 min ago0.42 bp5.9 bp −$66.3 bp −$639.3 bp −$93319.5 bp −$9,731
Sell 01 Exchange live order book, 55 min ago0.84 bp6.8 bp −$712.1 bp −$121doesn't fitdoesn'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
Hotstuff SOL-PERP−0.0080%1h118.97+0.156%$930$8K25xas long as short
Vest SOL-PERP−0.0078%1h118.94+0.128%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.83+0.035%$2.0M$2.7M13xas long as short
dYdX SOL-USD−0.0021%1h118.98+0.160%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.80+0.012%$32.4M$97.3M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.97+0.154%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.91+0.104%$1.2M$20.1M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.00+0.180%$100K$650K20xas long as short
Perpl SOL0.0000%43m118.98+0.157%$154K$3.8M8.3xas long as short
HTX SOL-USDT+0.0010%8h118.71−0.069%$230.9M$44.0M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSDshort+0.0032%1h119.00+0.177%$104K$160K20x
Deribit SOL_USDC-PERPETUAL+0.0034%1h118.89+0.084%$26.6M$24.8M50xas long as short
Bluefin SOL-PERP+0.0047%1h118.93+0.116%$37K$17K25xas long as short
Gate SOL_USDT+0.0078%8h118.73−0.051%$854.8M$669.4M100xas long as short
BingX SOL-USDC+0.0080%8h118.75−0.035%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h118.92+0.109%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.84+0.039%$8.0M$409.2M50xas long as short
Lighter SOL+0.0096%1h118.78−0.010%$14.2M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h118.82+0.026%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h118.88+0.078%$348K$254K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.95+0.132%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.98+0.160%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h118.98+0.160%$5.9M$40.5M40xas long as short
Hyperliquid SOL+0.0100%1h118.91+0.101%$724.1M$396.6M20xas long as short
Aster SOLUSDT+0.0100%8h118.82+0.025%$179.5M$177.2M100xas long as short
Pacifica SOL+0.0100%1h118.98+0.160%$12.2M$125.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.74−0.042%$977.6M$3.74B100xas long as short
Bybit SOLUSDTlong+0.0100%8h118.79long leg$823.3M$1.25B100x
OKX SOL-USDT-SWAP+0.0100%8h118.76−0.025%$370.2M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.86+0.059%$233K$830K10xas long as short
Arcus SOL-USD+0.0100%1h118.97+0.153%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.07+0.236%$136.4M$9.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.74−0.042%$429.2M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.75−0.034%$138.4M$203.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.75−0.034%$492.5M$440.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.83+0.034%$24.0M$37.2M50xas long as short
Variational Omni SOL+0.0100%8h118.93+0.114%$25.0M$130.3Mas long as short
edgeX SOLUSDC+0.0100%4h118.89+0.081%$95.5M$403.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.91+0.100%$48.7M$29.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.86+0.059%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.97+0.152%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.00+0.177%$354K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.99+0.172%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.00+0.178%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.81+0.017%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.81+0.017%$46.6M$99.6M50xas long as short
Extended SOL-USD+0.0104%1h118.70−0.078%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h118.95+0.135%$6.5M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.04+0.209%$219.4M500xas long as short
RISEx SOL/USDC+0.0161%1h118.96+0.147%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.99+0.168%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01+0.185%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0186%1h118.99+0.168%$1.1M$524K25xas long as short
Aftermath Perps SOLUSD+0.0192%1h119.05+0.216%$25K$50K20xas long as short
BloFin SOL-USDT+0.0220%8h118.78−0.008%$51.8M$74.8M125xas long as short