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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: Aevo against Coinbase International−0.023%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.023%, 7d avg −0.034%
Together, before fees−0.072%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX117.370.0064pay 0.0008% / 1h44m 02s$8.0M$402.5M50x
ShortAevo SOL-PERP117.340.0096get 0.0012% / 1h44m 02s$344K$225K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$6.72
Price spread: −0.023% → −0.034%
$1.13
Slippage, 4 orders
−$17.92
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$36.07
Costs to cover
0.439%
Break-even
44.6 days
Slippage from Coinbase International: live order book, 5 min ago; Aevo: live order book, 20 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 Coinbase International live order book, 5 min ago0.04 bp5.2 bp −$57.1 bp −$7115.2 bp −$1,523doesn't fit
Sell Aevo live order book, 20 min ago1.79 bp16.7 bp −$1730.3 bp −$303doesn'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%1h117.42+0.040%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.34−0.025%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.34−0.022%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.27−0.082%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.32−0.043%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.41+0.033%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.43+0.049%$1.4M$19.5M3.1xas long as short
HTX SOL-USDT+0.0047%8h117.27−0.087%$227.8M$45.6M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0056%1h117.39+0.013%$26.4M$25.2M50xas long as short
01 Exchange SOLUSD+0.0056%1h117.39+0.017%$100K$163K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTXlong+0.0064%1h117.37long leg$8.0M$402.5M50x
Hibachi SOL/USDT-P+0.0072%1h117.49+0.101%$100K$691K20xas long as short
BingX SOL-USDC+0.0080%8h117.38+0.011%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.37−0.001%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.35−0.016%$13.0M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.33−0.030%$2.1M$16.2M25xas long as short
Aevo SOL-PERPshort+0.0096%1h117.34−0.023%$344K$225K20x
Katana Perps SOL-USD+0.0100%8h117.35−0.017%$67K$835K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.43+0.052%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.39+0.016%$5.7M$39.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.39+0.021%$176.2M$176.7M100xas long as short
Pacifica SOL+0.0100%1h117.44+0.063%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.40+0.026%$966.9M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.44+0.060%$820.3M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.44+0.060%$365.5M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.21−0.136%$237K$847K10xas long as short
Arcus SOL-USD+0.0100%1h117.41+0.031%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.068%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.370.000%$857.6M$646.4M100xas long as short
MEXC SOL_USDT+0.0100%8h117.40+0.026%$423.9M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.35−0.020%$130.0M$212.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.41+0.037%$486.2M$433.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.36−0.009%$23.6M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h117.36−0.005%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.27−0.088%$94.2M$400.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.27−0.089%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.29−0.068%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.36−0.009%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.36−0.009%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.32−0.043%$199K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.33−0.032%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.35−0.018%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.35−0.017%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.370.000%$45.7M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h117.32−0.044%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.48+0.091%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.162%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.47+0.085%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0159%1h117.49+0.102%$717.4M$393.2M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.34−0.028%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38+0.009%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.47+0.085%$70.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.31−0.048%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0381%1h117.40+0.026%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.40+0.027%$128K$3.8M8.3xas long as short