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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: StandX against Coinbase International−0.185%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 3 days (all we have)+0.582%+$58 · spread now −0.185%, 7d avg −0.015%
Together, before fees+0.618%+ Points / potential airdropStandX: Active · farm board+$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and StandX is 0.170% cheaper against Coinbase International than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX119.020.0112pay 0.0014% / 1h52m 43s$8.1M$415.0M50x
ShortStandX SOL-USD118.800.0100get 0.0013% / 1h52m 43s$1.4M$13.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$2.52
Price spread: −0.185% → −0.015%
−$16.97
Slippage, 4 orders
−$10.12
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$47.6
Costs to cover
0.281%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; StandX: live order book, 1 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, 1 min ago0.04 bp5.4 bp −$59.1 bp −$9117.4 bp −$1,737doesn't fit
Sell StandX live order book, 1 min ago3.79 bp8.6 bp −$98.6 bp −$86doesn'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
Injective SOL/USDC PERP−0.0151%1h118.68−0.286%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.88−0.121%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0083%1h118.91−0.095%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.81−0.176%$842$8K25xas long as short
Aftermath Perps SOLUSD−0.0078%1h119.02−0.002%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.99−0.025%$49K150xas long as short
dYdX SOL-USD0.0000%1h118.98−0.035%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.96−0.050%$180K$4.1M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.03+0.006%$26.7M$27.8M50xas long as short
Orderly PERP_SOL_USDC+0.0056%8h118.95−0.056%$1.1M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0064%1h119.00−0.017%$105K$153K20xas long as short
HTX SOL-USDT+0.0073%8h118.87−0.130%$231.6M$43.8M75xas long as short
Gate SOL_USDT+0.0079%8h118.97−0.042%$859.1M$674.2M100xas long as short
KuCoin SOLUSDTM+0.0086%8h118.98−0.031%$144.8M$197.3M75xas long as short
Lighter SOL+0.0096%1h118.91−0.096%$13.4M$52.9M25xas long as short
Lighter RH SOL+0.0096%1h118.91−0.092%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h119.00−0.018%$354K$746K20xas long as short
Bitget SOLUSDT+0.0098%8h118.91−0.097%$496.4M$451.5M100xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.90−0.103%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.94−0.067%$47K$781K20xas long as short
Nado SOL-PERP+0.0100%1h118.91−0.093%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.020.000%$718.2M$423.8M20xas long as short
Aster SOLUSDT+0.0100%8h118.93−0.072%$179.5M$174.3M100xas long as short
Pacifica SOL+0.0100%1h118.91−0.094%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.90−0.101%$974.6M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h118.94−0.067%$823.0M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.88−0.118%$368.8M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.86−0.134%$233K$868K10xas long as short
Arcus SOL-USD+0.0100%1h119.02+0.003%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.057%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.89−0.109%$469.8M$1.07B300xas long as short
BingX SOL-USDT+0.0100%8h118.90−0.103%$371.8Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.99−0.025%$24.1M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.07+0.046%$27.7M$126.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.04+0.020%$95.6M$395.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.13+0.093%$48.7M$33.2M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.99−0.025%$1.5M$6.2M50xas long as short
StandX SOL-USDshort+0.0100%1h118.80−0.185%$1.4M$13.1M30x
Polymarket Perps SOL-USD+0.0100%1h118.97−0.042%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.96−0.048%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.97−0.045%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.97−0.046%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.97−0.042%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.97−0.042%$46.4M$99.9M50xas long as short
Kalshi KXSOLPERP+0.0100%8h118.96−0.053%$1.2M$20.9M3.1xas long as short
Extended SOL-USD+0.0104%1h118.95−0.060%$8.6M$37.4M50xas long as short
Coinbase International SOL-PERP-INTXlong+0.0112%1h119.02long leg$8.1M$415.0M50x
Hibachi SOL/USDT-P+0.0120%1h118.85−0.143%$123K$623K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.95−0.056%$218.1M500xas long as short
Phoenix SOL+0.0154%1h119.00−0.017%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.01−0.009%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.97−0.039%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.95−0.059%$51.8M$90.8M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.99−0.025%$36.2M$90.2M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h118.98−0.032%$3.5M200xas long as short