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−0.0151%/8h= −16.5% APRnext payment $0.19 per $10,000 · paid last 24h +0.192%
Price spread now: Injective against gTrade (Gains Network)+0.024%55s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.024% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 12 hours. The two prices were read 55 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/USD118.86L −0.0001% / S +0.0004%get 0.0000% / 1h45m 51s$48K150x
ShortInjective SOL/USDC PERP118.89−0.0151pay 0.0019% / 1h45m 51s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$31.67
Price spread: +0.024% → 0.000%
$2.36
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$39.34
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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 PERPshort−0.0151%1h118.89+0.024%$4K$2K12x
Derive SOL-PERP−0.0104%1h118.75−0.097%$2.0M$3.2M13xas long as short
ApeX Omni SOLUSDT−0.0100%1h118.77−0.075%$1.5M$6.2M50xas long as short
Vest SOL-PERP−0.0081%1h118.81−0.044%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.87+0.010%$843$8K25xas long as short
Aftermath Perps SOLUSD−0.0052%1h118.91+0.044%$24K$48K20xas long as short
dYdX SOL-USD−0.0006%1h118.86−0.002%$4.9M$26.8M20xas long as short
gTrade (Gains Network) SOL/USDlongL −0.0001% / S +0.0004%1h118.86long leg$48K150x
Kalshi KXSOLPERP0.0000%8h118.88+0.014%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.87+0.008%$180K$4.1M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL0.0000%1h118.86+0.002%$26.7M$27.7M50xas long as short
Orderly PERP_SOL_USDC+0.0058%8h118.84−0.017%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.91+0.040%$105K$153K20xas long as short
HTX SOL-USDT+0.0074%8h118.80−0.056%$231.5M$43.6M75xas long as short
Gate SOL_USDT+0.0083%8h118.79−0.061%$857.8M$676.5M100xas long as short
KuCoin SOLUSDTM+0.0093%8h118.79−0.059%$143.8M$196.9M75xas long as short
Lighter SOL+0.0096%1h118.81−0.046%$13.4M$53.1M25xas long as short
Lighter RH SOL+0.0096%1h118.79−0.064%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.81−0.046%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.85−0.010%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.90+0.032%$46K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.83−0.026%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.88+0.015%$716.9M$424.5M20xas long as short
Aster SOLUSDT+0.0100%8h118.78−0.069%$179.1M$173.5M100xas long as short
Pacifica SOL+0.0100%1h118.87+0.003%$12.4M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.78−0.066%$971.0M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.79−0.058%$821.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.76−0.086%$370.2M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.92+0.049%$233K$862K10xas long as short
Arcus SOL-USD+0.0100%1h118.93+0.056%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.016%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.80−0.052%$466.0M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.76−0.086%$495.7M$448.8M100xas long as short
BingX SOL-USDT+0.0100%8h118.80−0.056%$372.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.81−0.044%$24.3M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h118.86−0.005%$28.3M$126.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.79−0.058%$95.4M$396.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.77−0.079%$48.6M$33.1M20xas long as short
StandX SOL-USD+0.0100%1h118.96+0.082%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.85−0.010%$361K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.83−0.031%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.84−0.018%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.80−0.049%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.80−0.052%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.82−0.035%$46.4M$100.0M50xas long as short
Extended SOL-USD+0.0104%1h118.77−0.074%$8.6M$37.2M50xas long as short
Hibachi SOL/USDT-P+0.0112%1h118.87+0.004%$123K$606K20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0048%1h118.89+0.021%$218.3M500xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.85−0.010%$8.1M$413.7M50xas long as short
Phoenix SOL+0.0154%1h118.99+0.108%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.86−0.005%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h118.92+0.052%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.84−0.017%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.81−0.044%$51.7M$87.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.81−0.041%$36.1M$89.9M100xas long as short