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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0043%/8h= −4.8% APRnext payment $0.05 per $10,000 · paid last 24h +0.002%
Price spread now: SoDEX against Coinbase International−0.014%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.014%, 7d avg −0.026%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX117.390.0040pay 0.0005% / 1h58m 55s$8.4M$371.2M50x
ShortSoDEX SOL-USD117.37−0.0003pay 0.0000% / 1h58m 55s$6.1M$11.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$9.11
Price spread: −0.014% → −0.026%
$1.16
Slippage, 4 orders
−$1.63
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$27.58
Costs to cover
0.196%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; SoDEX: live order book, 3 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, 3 min ago0.04 bp5.1 bp −$57.1 bp −$7116.7 bp −$1,672doesn't fit
Sell SoDEX live order book, 3 min ago0.43 bp4.4 bp −$45.1 bp −$5118.6 bp −$1,856doesn't fit

SOL on 54 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P−0.0264%1h117.49+0.084%$100K$647K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.44+0.041%$1K$8K25xas long as short
Bybit SOLUSDT−0.0058%8h117.41+0.020%$734.7M$1.24B100xas long as short
SoDEX SOL-USDshort−0.0003%1h117.37−0.014%$6.1M$11.1M20x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.34−0.038%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.43+0.035%$1.3M$15.8M3.1xas long as short
Perpl SOL0.0000%43m117.42+0.025%$98K$2.9M8.3xas long as short
Vest SOL-PERP+0.0008%1h117.37−0.015%$272K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0011%1h117.43+0.039%$26.4M$18.6M50xas long as short
Bitget SOLUSDT+0.0030%8h117.41+0.018%$483.3M$399.9M100xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h117.38−0.006%$102K$181K20xas long as short
Coinbase International SOL-PERP-INTXlong+0.0040%1h117.39long leg$8.4M$371.2M50x
Aster SOLUSDT+0.0044%8h117.41+0.019%$178.1M$156.0M100xas long as short
Orderly PERP_SOL_USDC+0.0051%8h117.39+0.003%$997K$5.2M100xas long as short
Aevo SOL-PERP+0.0080%1h117.30−0.076%$348K$258K20xas long as short
Kraken Futures PF_SOLUSD+0.0083%1h117.39+0.005%$32.6M$92.3M100xas long as short
MEXC SOL_USDT+0.0084%8h117.41+0.020%$431.2M$909.9M300xas long as short
Binance SOLUSDT+0.0084%8h117.40+0.011%$972.5M$3.44B100xas long as short
Gate SOL_USDT+0.0093%8h117.44+0.045%$844.7M$583.7M100xas long as short
Lighter SOL+0.0096%1h117.39+0.004%$13.2M$54.4M25xas long as short
Lighter RH SOL+0.0096%1h117.36−0.019%$2.3M$13.5M25xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.40+0.014%$1.0M$556K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.34−0.040%$45K$873K20xas long as short
Nado SOL-PERP+0.0100%1h117.38−0.002%$5.6M$39.1M40xas long as short
Pacifica SOL+0.0100%1h117.46+0.059%$16.0M$116.2M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.40+0.011%$362.0M$1.56B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.37−0.014%$223K$765K10xas long as short
Arcus SOL-USD+0.0100%1h117.47+0.070%$1.0M$7.7M20xas long as short
Bulk SOL-USD+0.0100%1h117.22−0.144%$127.1M$14.8M20xas long as short
KuCoin SOLUSDTM+0.0100%8h117.45+0.050%$134.7M$228.0M75xas long as short
BingX SOL-USDC+0.0100%8h117.39+0.007%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.36−0.023%$23.3M$35.2M50xas long as short
Variational Omni SOL+0.0100%8h117.25−0.119%$25.1M$100.0Mas long as short
edgeX SOLUSDC+0.0100%4h117.24−0.127%$94.1M$381.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.37−0.014%$48.1M$25.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.33−0.052%$1.1M$6.5M50xas long as short
StandX SOL-USD+0.0100%1h117.45+0.054%$1.3M$10.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.36−0.023%$324K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.38−0.004%$284K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.39+0.004%$27K$35K25xas long as short
SunX SOL-USDT+0.0100%8h117.35−0.035%$191K$1.5M30xas long as short
HTX SOL-USDT+0.0100%8h117.37−0.018%$227.0M$41.1M75xas long as short
Phemex SOLUSDT+0.0100%8h117.39+0.003%$45.6M$99.5M50xas long as short
Extended SOL-USD+0.0104%1h117.36−0.026%$8.5M$33.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.38−0.009%$210.8M500xas long as short
Phoenix SOL+0.0129%1h117.51+0.105%$6.6M$11.6M25xas long as short
dYdX SOL-USD+0.0130%1h117.41+0.020%$9.3M$17.9M20xas long as short
Hyperliquid SOL+0.0157%1h117.49+0.088%$723.8M$366.3M20xas long as short
Reya SOLRUSDPERP+0.0199%1h117.33−0.049%$1.1M$93K25xas long as short
BloFin SOL-USDT+0.0204%8h117.38−0.006%$51.7M$57.4M125xas long as short
Injective SOL/USDC PERP+0.0206%1h116.85−0.457%$4K$11712xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0171%1h117.38−0.008%$3.5M200xas long as short
RISEx SOL/USDC+0.0250%1h117.41+0.019%$2.2M$4.4M20xas long as short
Aftermath Perps SOLUSD+0.0382%1h117.37−0.012%$25K$52K20xas long as short