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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.018%
Price spread now: GRVT against dYdX+0.212%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 7 days−0.269%−$27 · spread now +0.212%, 7d avg +0.039%
Together, before fees−0.160%+ Points / potential airdropGRVT: Active · farm board−$16 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 GRVT is 0.172% dearer against dYdX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SOL-USD119.22−0.0004get 0.0001% / 1h51m 00s$4.9M$27.2M20x
ShortGRVT SOL_USDT_Perp119.470.0100get 0.0100% / 8h1h 51m$48.9M$32.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$21.87
Price spread: +0.212% → +0.039%
$17.23
Slippage, 4 orders
−$14.24
Fee dYdX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$5.86
Costs to cover
0.332%
Break-even
5.1 days
Slippage from dYdX: live order book, 3 min ago; GRVT: 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 ago6.70 bp11.7 bp −$1215.6 bp −$15618.9 bp −$1,88936.4 bp −$18.2K
Sell GRVT live order book, 3 min ago0.42 bp4.9 bp −$54.9 bp −$498.4 bp −$836doesn'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
Derive SOL-PERP−0.0094%1h119.06−0.137%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.22+0.002%$845$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.12−0.082%$724K20xas long as short
dYdX SOL-USDlong−0.0004%1h119.22long leg$4.9M$27.2M20x
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.16−0.048%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.22−0.001%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.18−0.030%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.29+0.060%$120K$625K20xas long as short
Phoenix SOL+0.0054%1h119.37+0.126%$6.6M$13.6M25xas long as short
Aftermath Perps SOLUSD+0.0057%1h119.29+0.057%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0065%8h119.15−0.056%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0068%8h119.13−0.075%$232.0M$44.6M75xas long as short
BingX SOL-USDT+0.0080%8h119.09−0.106%$375.2Mas long as short
Deribit SOL_USDC-PERPETUAL+0.0086%1h119.18−0.037%$26.7M$27.6M50xas long as short
Gate SOL_USDT+0.0095%8h119.07−0.126%$866.5M$675.9M100xas long as short
Lighter SOL+0.0096%1h119.08−0.113%$13.6M$55.0M25xas long as short
Lighter RH SOL+0.0096%1h119.08−0.118%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.20−0.017%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.13−0.074%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.12−0.085%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.17−0.042%$46K$791K20xas long as short
Nado SOL-PERP+0.0100%1h119.15−0.058%$6.2M$41.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.19−0.025%$718.9M$413.9M20xas long as short
Aster SOLUSDT+0.0100%8h119.08−0.117%$178.5M$176.3M100xas long as short
Pacifica SOL+0.0100%1h119.21−0.010%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.10−0.101%$981.1M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.12−0.084%$822.5M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.09−0.109%$371.3M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.44+0.185%$234K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.22+0.002%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.15−0.057%$133.6M$9.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.09−0.109%$436.7M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.15−0.061%$140.6M$199.2M75xas long as short
Bitget SOLUSDT+0.0100%8h119.09−0.112%$495.1M$454.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.11−0.092%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.31+0.080%$27.4M$127.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.37+0.128%$95.9M$397.9M75xas long as short
GRVT SOL_USDT_Perpshort+0.0100%8h119.47+0.212%$48.9M$32.6M20x
ApeX Omni SOLUSDT+0.0100%1h119.31+0.078%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.34+0.101%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.14−0.067%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.13−0.074%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.15−0.057%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.15−0.061%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.12−0.084%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.10−0.101%$46.5M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.10−0.103%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.15−0.060%$8.2M$415.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.24+0.018%$222.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.13−0.077%$32.7M$94.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.17−0.044%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0180%1h119.12−0.086%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.19−0.022%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41+0.159%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.05−0.143%$52.0M$86.9M125xas long as short