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+0.0154%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h +0.168%
Price spread now: Injective against Coinbase International−0.086%7-day average · 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 7 days+0.036%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 0.086% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 45 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.036% in total) that is about 17 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX117.480.0064pay 0.0008% / 1h44m 38s$8.0M$402.7M50x
ShortInjective SOL/USDC PERP117.380.0218get 0.0027% / 1h44m 38s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$32.24
Price spread: −0.086% → 0.000%
−$8.6
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$13.63
Costs to cover
0.100%
Break-even
4.0 days
Slippage unknown: Coinbase International: live order book, 5 min ago; Injective: 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 Coinbase International live order book, 5 min ago0.04 bp5.2 bp −$57.1 bp −$7115.2 bp −$1,523doesn't fit
Sell Injective no order-book sample
Injective: 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%1h117.42−0.054%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.39−0.076%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.45−0.025%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.40−0.071%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.48−0.001%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.41−0.061%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.53+0.046%$1.4M$19.4M3.1xas long as short
HTX SOL-USDT+0.0045%8h117.42−0.049%$228.1M$45.6M75xas long as short
01 Exchange SOLUSD+0.0056%1h117.39−0.077%$100K$163K20xas long as short
Coinbase International SOL-PERP-INTXlong+0.0064%1h117.48long leg$8.0M$402.7M50x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0064%1h117.51+0.025%$26.4M$25.2M50xas long as short
BingX SOL-USDC+0.0080%8h117.38−0.087%$10.6Mas long as short
Hibachi SOL/USDT-P+0.0080%1h117.28−0.170%$100K$690K20xas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.48+0.002%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.41−0.060%$13.0M$59.1M25xas long as short
Lighter RH SOL+0.0096%1h117.40−0.068%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.46−0.018%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.35−0.112%$67K$835K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.43−0.043%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.48−0.001%$5.7M$39.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.41−0.056%$176.2M$176.7M100xas long as short
Pacifica SOL+0.0100%1h117.44−0.031%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.38−0.082%$966.7M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.40−0.069%$820.1M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.37−0.094%$365.4M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.21−0.231%$237K$847K10xas long as short
Arcus SOL-USD+0.0100%1h117.41−0.064%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45−0.026%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.40−0.069%$857.9M$646.3M100xas long as short
MEXC SOL_USDT+0.0100%8h117.41−0.060%$423.9M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.41−0.065%$130.1M$212.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.37−0.093%$486.6M$433.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.50+0.016%$23.7M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h117.36−0.099%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.27−0.182%$94.2M$400.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.27−0.183%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.29−0.163%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.36−0.103%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.48−0.001%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.48−0.002%$201K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.47−0.009%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.49+0.007%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.47−0.009%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.45−0.026%$45.7M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h117.37−0.095%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.35−0.112%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.067%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.47−0.010%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0161%1h117.52+0.033%$717.6M$393.2M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.47−0.008%$1.1M$523K25xas long as short
Injective SOL/USDC PERPshort+0.0218%1h117.38−0.086%$4K$2K12x
BloFin SOL-USDT+0.0220%8h117.47−0.009%$70.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.47−0.005%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0379%1h117.44−0.033%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.50+0.015%$127K$3.8M8.3xas long as short