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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.001%
Price spread now: Katana Perps against Extended+0.048%7-day average +0.011% · 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 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 7 days+0.015%+$1 · spread now +0.048%, 7d avg +0.011%
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: Katana Perps is 0.037% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD118.730.0104pay 0.0013% / 1h49m 39s$8.6M$37.4M50x
ShortKatana Perps SOL-USD118.790.0100get 0.0100% / 8h2h 49m$46K$785K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
−$0.88
Price spread: +0.048% → +0.011%
$3.72
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$5.97
Costs to cover
0.088%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 min ago; Katana Perps: no order-book sample. 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 Extended live order book, 4 min ago0.42 bp3.6 bp −$44.5 bp −$458.8 bp −$876doesn't fit
Sell Katana Perps no order-book sample
Katana Perps: 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
Injective SOL/USDC PERP−0.0151%1h118.68−0.045%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.74+0.004%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0082%1h118.79+0.049%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.81+0.062%$842$8K25xas long as short
Aftermath Perps SOLUSD−0.0067%1h118.96+0.189%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.85+0.096%$49K150xas long as short
dYdX SOL-USD0.0000%1h118.85+0.099%$4.9M$26.8M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.90+0.138%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.90+0.141%$180K$4.1M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0017%1h118.85+0.102%$26.7M$27.8M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SOLUSDT+0.0042%1h118.93+0.163%$1.5M$6.2M50xas long as short
Orderly PERP_SOL_USDC+0.0057%8h118.83+0.078%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.88+0.124%$104K$153K20xas long as short
HTX SOL-USDT+0.0074%8h118.74+0.010%$231.4M$43.8M75xas long as short
Gate SOL_USDT+0.0081%8h118.78+0.040%$857.8M$675.2M100xas long as short
KuCoin SOLUSDTM+0.0089%8h118.87+0.116%$144.3M$197.6M75xas long as short
Lighter SOL+0.0096%1h118.79+0.051%$13.4M$53.0M25xas long as short
Lighter RH SOL+0.0096%1h118.85+0.097%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.85+0.096%$353K$746K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.77+0.031%$1.0M$524K50xas long as short
Bitget SOLUSDT+0.0099%8h118.76+0.023%$495.7M$450.5M100xas long as short
Katana Perps SOL-USDshort+0.0100%8h118.79+0.048%$46K$785K20x
Nado SOL-PERP+0.0100%1h118.83+0.079%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.96+0.191%$717.5M$424.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.84+0.092%$179.2M$174.2M100xas long as short
Pacifica SOL+0.0100%1h118.82+0.076%$12.3M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.79+0.048%$973.7M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h118.81+0.067%$821.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.76+0.023%$368.4M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.86+0.107%$233K$868K10xas long as short
Arcus SOL-USD+0.0100%1h118.82+0.076%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.125%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.78+0.040%$466.9M$1.07B300xas long as short
BingX SOL-USDT+0.0100%8h118.79+0.048%$372.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.82+0.073%$24.2M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h118.86+0.103%$28.3M$126.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.91+0.149%$95.5M$396.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.13+0.335%$48.7M$33.2M20xas long as short
StandX SOL-USD+0.0100%1h118.86+0.107%$1.4M$13.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.89+0.132%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.80+0.057%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.83+0.080%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.88+0.121%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.79+0.048%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.83+0.082%$46.4M$99.9M50xas long as short
Extended SOL-USDlong+0.0104%1h118.73long leg$8.6M$37.4M50x
Coinbase International SOL-PERP-INTX+0.0112%1h118.84+0.093%$8.1M$414.5M50xas long as short
Hibachi SOL/USDT-P+0.0120%1h118.85+0.096%$123K$622K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.91+0.145%$218.7M500xas long as short
Phoenix SOL+0.0154%1h119.00+0.225%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h118.81+0.066%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.82+0.072%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.81+0.065%$51.7M$90.6M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.80+0.061%$36.1M$90.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h118.82+0.076%$3.5M200xas long as short