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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h +0.036%
Price spread now: RISEx against Coinbase International+0.066%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$190.189% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.076%+$8 on $10k
Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.066%, 7d avg −0.003%
Together, before fees+0.140%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and RISEx is 0.069% dearer against Coinbase International than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX119.440.0112pay 0.0014% / 1h37m 05s$8.3M$415.0M50x
ShortRISEx SOL/USDC119.520.0192get 0.0024% / 1h37m 05s$1.7M$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$16.72
Price spread: +0.066% → −0.003%
$6.91
Slippage, 4 orders
−$2.92
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$4.71
Costs to cover
0.189%
Break-even
5.0 days
Slippage from Coinbase International: live order book, 2 min ago; RISEx: live order book, 2 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, 2 min ago0.04 bp5.0 bp −$57.5 bp −$7514.5 bp −$1,446100.8 bp −$50.4K
Sell RISEx live order book, 2 min ago0.04 bp3.0 bp −$35.6 bp −$56doesn'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
Bluefin SOL-PERP−0.0301%1h119.44−0.008%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.33−0.093%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.53+0.069%$847$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.43−0.010%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.53+0.075%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.44−0.003%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.50+0.043%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.47+0.023%$182K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0016%1h119.72+0.228%$120K$611K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0020%1h119.48+0.029%$26.7M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SOL+0.0054%1h119.84+0.332%$6.6M$13.6M25xas long as short
Aftermath Perps SOLUSD+0.0066%1h119.56+0.096%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.440.000%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0078%8h119.41−0.026%$232.6M$44.7M75xas long as short
BingX SOL-USDC+0.0080%8h119.42−0.017%$10.5Mas long as short
Gate SOL_USDT+0.0083%8h119.42−0.020%$872.8M$680.7M100xas long as short
Lighter SOL+0.0096%1h119.42−0.023%$13.6M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.41−0.028%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.48+0.030%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.41−0.026%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.45+0.004%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.47+0.022%$45K$790K20xas long as short
Nado SOL-PERP+0.0100%1h119.47+0.026%$6.2M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.55+0.089%$720.3M$415.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.44−0.003%$178.8M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.53+0.068%$12.4M$117.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.45+0.005%$988.1M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.47+0.024%$826.0M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.45+0.005%$372.0M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.74+0.248%$234K$889K10xas long as short
Arcus SOL-USD+0.0100%1h119.55+0.085%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.46+0.013%$453.5M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.45+0.002%$141.1M$200.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.47+0.021%$496.2M$454.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.45+0.005%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.76+0.266%$27.8M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.62+0.145%$96.1M$399.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.61+0.143%$49.0M$31.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.56+0.097%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.71+0.223%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.42−0.020%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.44−0.003%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.41−0.026%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.42−0.020%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.42−0.020%$46.7M$101.9M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.255%$134.3M$8.4M20xas long as short
Extended SOL-USD+0.0104%1h119.39−0.042%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTXlong+0.0112%1h119.44long leg$8.3M$415.0M50x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.55+0.092%$222.2M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.43−0.011%$32.6M$95.5M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0086%1h119.46+0.014%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.41−0.032%$1.1M$557K25xas long as short
RISEx SOL/USDCshort+0.0192%1h119.52+0.066%$1.7M$6.0M20x
Injective SOL/USDC PERP+0.0213%1h119.13−0.263%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.45+0.005%$52.2M$82.9M125xas long as short