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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Bullet against Extended+0.029%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$180.177% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.009%−$1 on $10k
Price spread, last 7 days+0.001%$0 · spread now +0.029%, 7d avg +0.074%
Together, before fees−0.008%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.046% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD116.620.0104pay 0.0013% / 1h53m 44s$8.0M$36.5M50x
ShortBullet SOL-USD116.650.0100get 0.0013% / 1h53m 44s$148K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Extended. 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
−$0.84
Price spread: +0.029% → +0.074%
−$4.59
Slippage, 4 orders
−$4.7
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$23.12
Costs to cover
0.177%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Bullet: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 5 min ago0.43 bp3.7 bp −$44.4 bp −$447.5 bp −$747doesn't fit
Sell Bullet live order book, just now0.51 bp6.5 bp −$68.7 bp −$87doesn'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
ApeX Omni SOLUSDT−0.0435%1h116.33−0.247%$1.7M$6.0M50xas long as short
Hotstuff SOL-PERP−0.0080%1h116.67+0.042%$912$8K25xas long as short
Vest SOL-PERP−0.0076%1h116.63+0.014%$602K20xas long as short
Hibachi SOL/USDT-P−0.0008%1h116.68+0.055%$103K$700K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.67+0.046%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.69+0.062%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.68+0.052%$1.4M$18.7M3.1xas long as short
Derive SOL-PERP+0.0012%1h116.59−0.025%$1.9M$2.8M13xas long as short
01 Exchange SOLUSD+0.0056%1h116.68+0.053%$99K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.70+0.070%$7.6M$404.3M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.69+0.066%$30.8M$100.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0080%1h116.73+0.095%$26.3M$25.2M50xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.65+0.029%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.68+0.055%$13.0M$59.5M25xas long as short
Lighter RH SOL+0.0096%1h116.67+0.048%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.62+0.003%$342K$229K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.70+0.073%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.64+0.019%$50K$845K20xas long as short
Nado SOL-PERP+0.0100%1h116.66+0.037%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.76+0.122%$707.5M$394.9M20xas long as short
Aster SOLUSDT+0.0100%8h116.68+0.057%$175.3M$182.0M100xas long as short
Pacifica SOL+0.0100%1h116.70+0.073%$15.5M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.69+0.061%$962.1M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.64+0.019%$795.1M$1.32B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.67+0.045%$365.0M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.66+0.036%$232K$849K10xas long as short
Arcus SOL-USD+0.0100%1h116.69+0.060%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.034%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.68+0.053%$848.7M$651.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.69+0.062%$416.0M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.68+0.050%$126.5M$216.6M75xas long as short
Bitget SOLUSDT+0.0100%8h116.65+0.026%$481.7M$439.1M100xas long as short
BingX SOL-USDT+0.0100%8h116.67+0.046%$365.3Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.66+0.036%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.68+0.050%$24.4M$115.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.36−0.219%$93.5M$396.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.56−0.047%$47.6M$29.2M20xas long as short
StandX SOL-USD+0.0100%1h116.62+0.002%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.67+0.045%$332K$2.5M20xas long as short
Bullet SOL-USDshort+0.0100%1h116.65+0.029%$148K$1.6M20x
Bluefin SOL-PERP+0.0100%1h116.62+0.003%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.65+0.030%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.67+0.045%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.65+0.025%$226.4M$46.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.72+0.088%$45.6M$101.1M50xas long as short
Extended SOL-USDlong+0.0104%1h116.62long leg$8.0M$36.5M50x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.71+0.078%$221.3M500xas long as short
Phoenix SOL+0.0129%1h116.77+0.130%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.808%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0190%1h116.65+0.031%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h116.62+0.002%$51.8M$71.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.67+0.048%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.73+0.096%$128K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0457%1h116.79+0.148%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.74+0.107%$1.9M$4.9M20xas long as short