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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.013%
Price spread now: ApeX Omni against gTrade (Gains Network)−0.478%67s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.478% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.478% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 16 days of funding at the current rate (+$3 a day). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SOL/USD116.31L −0.0001% / S +0.0004%get 0.0000% / 1h20m 26s$42K150x
ShortApeX Omni SOLUSDT115.750.0100get 0.0013% / 1h20m 26s$1.1M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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
$21.25
Price spread: −0.478% → 0.000%
−$47.8
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$46.56
Costs to cover
0.200%
Break-even
22.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 4 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 gTrade (Gains Network) no order-book sample
Sell ApeX Omni live order book, 4 min ago0.86 bp6.2 bp −$69.6 bp −$9666.0 bp −$6,603doesn't fit
gTrade (Gains Network): 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
Kraken Futures PF_SOLUSD−0.0241%1h116.00−0.262%$31.7M$102.7M100xas long as short
Hibachi SOL/USDT-P−0.0144%1h116.02−0.250%$104K$693K20xas long as short
BingX SOL-USDT−0.0112%8h116.30−0.008%$368.8Mas long as short
Bybit SOLUSDT−0.0108%8h116.29−0.016%$742.4M$1.42B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.33+0.015%$1K$8K25xas long as short
Vest SOL-PERP−0.0062%1h116.22−0.077%$625K20xas long as short
Derive SOL-PERP−0.0015%1h115.95−0.312%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDlongL −0.0001% / S +0.0004%1h116.31long leg$42K150x
Kalshi KXSOLPERP0.0000%8h116.15−0.133%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.23−0.064%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0010%1h116.25−0.052%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0024%1h116.26−0.042%$99K$177K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.03−0.241%$7.7M$403.6M50xas long as short
Bitget SOLUSDT+0.0065%8h116.25−0.050%$479.0M$458.6M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0094%1h116.05−0.219%$26.2M$22.0M50xas long as short
Orderly PERP_SOL_USDC+0.0096%8h116.33+0.021%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.24−0.062%$13.0M$61.2M25xas long as short
Lighter RH SOL+0.0096%1h116.23−0.071%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h115.98−0.287%$349K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.22−0.077%$64K$912K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.25−0.051%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h116.25−0.055%$5.2M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.37+0.052%$691.9M$403.6M20xas long as short
Aster SOLUSDT+0.0100%8h116.28−0.028%$175.8M$176.9M100xas long as short
Pacifica SOL+0.0100%1h116.27−0.031%$15.7M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.31+0.001%$969.4M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.31+0.001%$362.9M$1.74B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.17−0.120%$216K$875K10xas long as short
Arcus SOL-USD+0.0100%1h116.30−0.009%$913K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.85−0.393%$123.9M$22.0M20xas long as short
Gate SOL_USDT+0.0100%8h116.29−0.016%$844.5M$670.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.29−0.016%$356.2M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.27−0.034%$125.8M$230.0M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.03−0.240%$22.9M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h115.99−0.270%$24.8M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h115.75−0.485%$92.9M$407.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.84−0.403%$47.4M$30.7M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h115.75−0.478%$1.1M$6.8M50x
StandX SOL-USD+0.0100%1h116.10−0.180%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.26−0.042%$321K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.28−0.027%$147K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.29−0.018%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.09−0.192%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.01−0.257%$6.1M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h115.98−0.279%$224.7M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h116.03−0.240%$45.2M$104.8M50xas long as short
Extended SOL-USD+0.0104%1h116.23−0.070%$8.0M$39.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.28−0.023%$239.3M500xas long as short
Injective SOL/USDC PERP+0.0173%1h115.66−0.558%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h115.69−0.532%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h116.25−0.049%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.10−0.180%$51.8M$67.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.31−0.003%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h116.34+0.029%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0575%1h115.94−0.313%$25K$53K20xas long as short