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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Bulk against gTrade (Gains Network)−0.250%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$2862.855% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.095%+$9 on $10k
Price spread, last 3 days (all we have)+0.153%+$15 · spread now −0.250%, 7d avg +0.013%
Together, before fees+0.248%+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.263% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.250% now, against its 7-day average of +0.013%). If the spread goes back, that is −$26 on $10k: about 8.7 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SOL/USD118.85L 0.0000% / S +0.0004%get 0.0000% / 1h42m 24s$55K150x
ShortBulk SOL-USD118.550.0100get 0.0013% / 1h42m 24s$133.5M$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$21.09
Price spread: −0.250% → +0.013%
−$26.28
Slippage, 4 orders
−$268.54
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$290.74
Costs to cover
2.855%
Break-even
103.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 42 min ago; Bulk: live order book, 2 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 gTrade (Gains Network) virtual book (oracle venue), 42 min ago130.06 bp135.1 bp −$135135.1 bp −$1,351515.4 bp −$51.5K2868.9 bp −$1.43M
Sell Bulk live order book, 2 min ago4.21 bp7.7 bp −$87.7 bp −$777.7 bp −$7717.7 bp −$3,857

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%1h118.83−0.013%$843$8K25xas long as short
Vest SOL-PERP−0.0077%1h118.77−0.067%$610K20xas long as short
Derive SOL-PERP−0.0062%1h118.76−0.076%$2.0M$2.8M13xas long as short
Phemex SOLUSDT−0.0031%8h118.81−0.032%$46.5M$101.3M50xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.84−0.009%$32.4M$96.9M100xas long as short
dYdX SOL-USD−0.0009%1h118.87+0.019%$4.9M$26.5M20xas long as short
gTrade (Gains Network) SOL/USDlongL 0.0000% / S +0.0004%1h118.85long leg$55K150x
Kalshi KXSOLPERP0.0000%8h118.76−0.073%$1.2M$20.5M3.1xas long as short
Perpl SOL0.0000%43m118.86+0.014%$154K$3.9M8.3xas long as short
HTX SOL-USDT+0.0030%8h118.71−0.116%$231.1M$44.8M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0048%1h118.86+0.010%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0072%1h118.84−0.006%$121K$632K20xas long as short
Orderly PERP_SOL_USDC+0.0079%8h118.86+0.006%$1.0M$5.9M100xas long as short
ApeX Omni SOLUSDT+0.0079%1h118.62−0.192%$1.5M$6.1M50xas long as short
BingX SOL-USDT+0.0080%8h118.84−0.007%$367.8Mas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.84−0.006%$8.1M$413.2M50xas long as short
Gate SOL_USDT+0.0094%8h118.82−0.024%$858.8M$661.9M100xas long as short
Lighter SOL+0.0096%1h118.81−0.033%$14.0M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h118.79−0.045%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.84−0.004%$348K$271K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.83−0.012%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.81−0.032%$47K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.82−0.019%$5.8M$41.0M40xas long as short
Aster SOLUSDT+0.0100%8h118.84−0.004%$178.6M$176.5M100xas long as short
Pacifica SOL+0.0100%1h118.85+0.005%$12.2M$123.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.82−0.022%$979.3M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h118.86+0.010%$822.9M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.83−0.015%$370.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.78−0.057%$232K$861K10xas long as short
Arcus SOL-USD+0.0100%1h118.87+0.020%$1.9M$9.0M20xas long as short
Bulk SOL-USDshort+0.0100%1h118.55−0.250%$133.5M$4.7M20x
MEXC SOL_USDT+0.0100%8h118.82−0.024%$426.3M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.86+0.007%$137.9M$207.1M75xas long as short
Bitget SOLUSDT+0.0100%8h118.81−0.034%$493.1M$446.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.81−0.032%$24.2M$37.3M50xas long as short
Variational Omni SOL+0.0100%8h118.61−0.203%$26.9M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.57−0.234%$95.2M$405.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.67−0.146%$48.6M$30.1M20xas long as short
StandX SOL-USD+0.0100%1h118.67−0.150%$1.3M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.83−0.015%$360K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.83−0.016%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.83−0.018%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.80−0.040%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.81−0.032%$6.2M$10.8M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0101%1h118.88+0.024%$26.6M$24.8M50xas long as short
Hyperliquid SOL+0.0102%1h118.95+0.086%$720.5M$404.4M20xas long as short
Extended SOL-USD+0.0104%1h118.79−0.049%$8.7M$35.2M50xas long as short
Phoenix SOL+0.0114%1h118.68−0.141%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.86+0.007%$221.9M500xas long as short
Aftermath Perps SOLUSD+0.0153%1h118.72−0.107%$25K$51K20xas long as short
RISEx SOL/USDC+0.0161%1h118.85+0.006%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0084%1h118.84−0.007%$3.5M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.158%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0185%1h118.81−0.029%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.80−0.040%$52.0M$78.7M125xas long as short