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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.009%
Price spread now: ApeX Omni against Derive+0.083%7-day average +0.017% · you sell dearer than you buy
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−0.289%−$29 on $10k
Price spread, last 3 days (all we have)−0.154%−$15 · spread now +0.083%, 7d avg +0.017%
Together, before fees−0.443%−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.066% dearer against Derive than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.289%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive SOL-PERP118.92−0.0073get 0.0009% / 1h33m 19s$2.0M$2.8M13x
ShortApeX Omni SOLUSDT119.020.0042get 0.0005% / 1h33m 19s$1.5M$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Derive. 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
$24.04
Price spread: +0.083% → +0.017%
$6.6
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$14.64
Costs to cover
0.160%
Break-even
2.7 days
Slippage unknown: Derive: no order-book sample; ApeX Omni: live order book, 1 min ago. 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 Derive no order-book sample
Sell ApeX Omni live order book, 1 min ago0.84 bp5.8 bp −$67.8 bp −$7859.2 bp −$5,923doesn't fit
Derive: 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%1h118.96+0.035%$843$8K25xas long as short
Vest SOL-PERP−0.0073%1h118.95+0.021%$723K20xas long as short
Derive SOL-PERPlong−0.0073%1h118.92long leg$2.0M$2.8M13x
dYdX SOL-USD−0.0016%1h119.03+0.093%$4.9M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.02+0.083%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.02+0.086%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m118.98+0.046%$176K$4.0M8.3xas long as short
ApeX Omni SOLUSDTshort+0.0042%1h119.02+0.083%$1.5M$6.2M50x
Deribit SOL_USDC-PERPETUAL+0.0050%1h119.06+0.117%$26.6M$26.0M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h119.01+0.078%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h119.03+0.092%$104K$158K20xas long as short
BingX SOL-USDT+0.0080%8h119.00+0.070%$371.8Mas long as short
HTX SOL-USDT+0.0088%8h118.93+0.010%$231.5M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h118.99+0.058%$864.2M$678.9M100xas long as short
Lighter SOL+0.0096%1h118.97+0.044%$13.6M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.95+0.023%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h118.98+0.051%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h119.00+0.065%$8.1M$416.6M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.95+0.021%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.99+0.058%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.99+0.058%$6.1M$40.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.10+0.154%$721.0M$411.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.00+0.066%$178.6M$176.2M100xas long as short
Pacifica SOL+0.0100%1h119.01+0.073%$12.3M$120.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.00+0.066%$981.7M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h119.02+0.083%$825.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.99+0.058%$372.7M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.93+0.007%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.02+0.084%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.35+0.361%$134.1M$6.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.00+0.066%$460.0M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.02+0.079%$138.8M$205.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.97+0.045%$493.4M$460.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.00+0.066%$24.2M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.09+0.143%$27.2M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23+0.259%$95.8M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.09+0.142%$48.8M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h119.01+0.075%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.98+0.050%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00+0.062%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.00+0.066%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.96+0.031%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.98+0.050%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.99+0.058%$46.5M$102.8M50xas long as short
Phoenix SOL+0.0100%1h119.08+0.134%$6.6M$13.7M25xas long as short
Aftermath Perps SOLUSD+0.0103%1h119.21+0.239%$24K$47K20xas long as short
Extended SOL-USD+0.0104%1h118.97+0.040%$8.7M$36.0M50xas long as short
Hibachi SOL/USDT-P+0.0104%1h119.06+0.113%$121K$626K20xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.99+0.059%$32.6M$97.1M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.98+0.054%$225.3M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0168% / S −0.0068%1h119.01+0.078%$3.8M200xas long as short
Injective SOL/USDC PERP+0.0170%1h119.60+0.571%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h118.98+0.047%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h119.00+0.066%$52.2M$81.7M125xas long as short
RISEx SOL/USDC+0.0226%1h119.05+0.112%$1.7M$5.2M20xas long as short