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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.021%
Price spread now: ApeX Omni against dYdX+0.057%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 7 days−0.060%−$6 · spread now +0.057%, 7d avg +0.009%
Together, before fees−0.223%−$22 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 0.048% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SOL-USD117.320get 0.0000% / 1h41m 09s$4.5M$24.1M20x
ShortApeX Omni SOLUSDT117.390.0100get 0.0013% / 1h41m 09s$1.5M$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
$21
Price spread: +0.057% → +0.009%
$4.79
Slippage, 4 orders
−$17.88
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$12.1
Costs to cover
0.379%
Break-even
11.0 days
Slippage from dYdX: live order book, 3 min ago; ApeX Omni: 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 dYdX live order book, 3 min ago6.81 bp11.8 bp −$1216.2 bp −$16229.5 bp −$2,94966.6 bp −$33.3K
Sell ApeX Omni live order book, 3 min ago2.13 bp7.1 bp −$78.8 bp −$8861.4 bp −$6,144doesn'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
Hotstuff SOL-PERP−0.0080%1h117.33+0.011%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.27−0.039%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.24−0.069%$31.6M$98.4M100xas long as short
Derive SOL-PERP−0.0010%1h117.19−0.111%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.28−0.034%$56K150xas long as short
dYdX SOL-USDlong0.0000%1h117.32long leg$4.5M$24.1M20x
Kalshi KXSOLPERP0.0000%8h117.33+0.011%$1.4M$19.4M3.1xas long as short
Deribit SOL_USDC-PERPETUAL+0.0034%1h117.29−0.027%$26.3M$25.2M50xas long as short
01 Exchange SOLUSD+0.0056%1h117.31−0.008%$100K$163K20xas long as short
HTX SOL-USDT+0.0056%8h117.26−0.050%$227.8M$45.6M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.30−0.013%$8.0M$402.6M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.52+0.174%$100K$691K20xas long as short
BingX SOL-USDT+0.0080%8h117.29−0.028%$362.9Mas long as short
Orderly PERP_SOL_USDC+0.0089%8h117.27−0.041%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.25−0.060%$13.0M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.26−0.047%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.23−0.080%$343K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.30−0.016%$65K$839K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.28−0.032%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.34+0.018%$5.8M$39.5M40xas long as short
Aster SOLUSDT+0.0100%8h117.30−0.013%$176.0M$177.0M100xas long as short
Pacifica SOL+0.0100%1h117.32+0.002%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.28−0.033%$965.3M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.32+0.001%$819.0M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.30−0.016%$365.4M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.38+0.052%$238K$848K10xas long as short
Arcus SOL-USD+0.0100%1h117.32−0.002%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.112%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.33+0.009%$856.9M$647.1M100xas long as short
MEXC SOL_USDT+0.0100%8h117.29−0.025%$424.0M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.27−0.039%$129.8M$212.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.31−0.012%$486.3M$433.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.49+0.146%$23.7M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.36+0.039%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.40+0.069%$94.3M$398.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.46+0.121%$48.1M$28.4M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h117.39+0.057%$1.5M$5.9M50x
StandX SOL-USD+0.0100%1h117.52+0.171%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.29−0.025%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.28−0.035%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.25−0.061%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.28−0.034%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.24−0.067%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.28−0.033%$45.6M$100.2M50xas long as short
Extended SOL-USD+0.0104%1h117.20−0.102%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.50+0.150%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.38+0.052%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.39+0.057%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0162%1h117.41+0.078%$717.2M$393.4M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.27−0.041%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38+0.052%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.24−0.067%$51.8M$70.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.28−0.031%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0381%1h117.41+0.078%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.33+0.009%$127K$3.8M8.3xas long as short