Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.022%

Price spread now: OKX against gTrade (Gains Network)+0.017%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on OKX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SOL/USD	116.38	L −0.0001% / S +0.0004%	get 0.0000% / 1h	10m 04s	$42K	—	150x
Short	OKX SOL-USDT-SWAP	116.40	0.0100	get 0.0100% / 8h	3h 10m	$367.3M	$1.70B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee OKXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $21.25
Price spread: +0.017% → 0.000%: $1.72
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $2.96
Costs to cover: 0.200%
Break-even: 6.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell OKX live order book, 4 min ago	0.43 bp	5.4 bp −$5	5.6 bp −$56	10.0 bp −$997	23.2 bp −$11.6K

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	−0.0208%	1h	116.43	+0.042%	$104K	$703K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.42	+0.033%	$31.4M	$102.3M	100x	as long as short
Vest SOL-PERP	−0.0106%	1h	116.33	−0.040%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.41	+0.024%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0066%	8h	116.31	−0.060%	$749.9M	$1.40B	100x	as long as short
Derive SOL-PERP	−0.0030%	1h	116.31	−0.057%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USDlong	L −0.0001% / S +0.0004%	1h	116.38	long leg	$42K	—	150x
Kalshi KXSOLPERP	0.0000%	8h	116.40	+0.021%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0011%	1h	116.43	+0.042%	$4.4M	$24.2M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.42	+0.034%	$7.6M	$404.5M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SOL-USD	+0.0062%	1h	116.35	−0.022%	$147K	$1.6M	20x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	116.38	0.000%	$99K	$175K	20x	as long as short
Bitget SOLUSDT	+0.0090%	8h	116.38	−0.002%	$480.3M	$447.1M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0094%	8h	116.39	+0.010%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.40	+0.015%	$13.1M	$60.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.39	+0.005%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.38	+0.004%	$350K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.34	−0.034%	$61K	$896K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.41	+0.024%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.36	−0.019%	$5.4M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.48	+0.086%	$701.6M	$396.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.39	+0.009%	$174.3M	$183.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.41	+0.024%	$15.7M	$130.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.42	+0.034%	$971.0M	$3.83B	100x	as long as short
OKX SOL-USDT-SWAPshort	+0.0100%	8h	116.40	+0.017%	$367.3M	$1.70B	100x
Ondo Perps SOL-USD.P	+0.0100%	1h	116.37	−0.009%	$224K	$846K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.41	+0.026%	$920K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.46	+0.069%	$132.4M	$15.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.37	−0.009%	$854.7M	$668.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.40	+0.017%	$368.0M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.37	−0.005%	$128.7M	$224.3M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.38	+0.003%	—	$365.1M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.39	+0.009%	$23.0M	$40.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.28	−0.083%	$25.0M	$114.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.48	+0.085%	$93.5M	$400.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.47	+0.077%	$47.7M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.54	+0.134%	$1.3M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.46	+0.069%	$1.3M	$12.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.36	−0.017%	$319K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.38	−0.002%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.36	−0.013%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.39	+0.009%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.35	−0.029%	$225.4M	$48.2M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.40	+0.017%	$45.3M	$103.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.34	−0.036%	$8.3M	$37.8M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.70	+0.275%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.38	+0.003%	—	$235.8M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0125%	1h	116.44	+0.048%	$26.2M	$23.1M	50x	as long as short
Phoenix SOL	+0.0151%	1h	116.60	+0.189%	$6.5M	$13.8M	25x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.33	−0.041%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.42	+0.034%	$51.9M	$67.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0179%	1h	116.36	−0.019%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.38	−0.003%	$129K	$3.7M	8.3x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.45	+0.057%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0575%	1h	116.52	+0.118%	$25K	$52K	20x	as long as short