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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.8% APRpaid last 24h −0.019%
Price spread now: dYdX against GRVT+0.048%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 7 days+0.014%+$1 · spread now +0.048%, 7d avg −0.039%
Together, before fees−0.095%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.087% dearer against GRVT than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.039%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.109% in total) that is about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SOL_USDT_Perp118.980.0100pay 0.0100% / 8h31m 21s$48.7M$31.3M20x
ShortdYdX SOL-USD119.03−0.0016pay 0.0002% / 1h31m 21s$4.9M$28.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against GRVT. 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
−$24.47
Price spread: +0.048% → −0.039%
$8.7
Slippage, 4 orders
−$9.24
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$44.01
Costs to cover
0.282%
Break-even
never at this rate
Slippage from GRVT: live order book, 3 min ago; dYdX: live order book, 3 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 GRVT live order book, 3 min ago0.42 bp4.9 bp −$55.2 bp −$529.4 bp −$945doesn't fit
Sell dYdX live order book, 3 min ago4.20 bp9.2 bp −$914.8 bp −$14827.3 bp −$2,72983.8 bp −$41.9K

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%1h118.98+0.008%$844$8K25xas long as short
Vest SOL-PERP−0.0075%1h118.95−0.019%$723K20xas long as short
Derive SOL-PERP−0.0073%1h118.91−0.052%$2.0M$2.8M13xas long as short
dYdX SOL-USDshort−0.0016%1h119.03+0.048%$4.9M$28.0M20x
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.03+0.046%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.03+0.047%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.02+0.034%$177K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0033%1h119.01+0.031%$26.6M$26.0M50xas long as short
ApeX Omni SOLUSDT+0.0038%1h118.99+0.012%$1.5M$6.2M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h119.00+0.024%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h119.04+0.054%$104K$158K20xas long as short
BingX SOL-USDT+0.0080%8h119.00+0.021%$372.0Mas long as short
HTX SOL-USDT+0.0087%8h118.93−0.041%$231.5M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h118.99+0.012%$864.0M$679.4M100xas long as short
Lighter SOL+0.0096%1h118.95−0.019%$13.6M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.97−0.004%$2.2M$16.9M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h119.04+0.050%$121K$627K20xas long as short
Aevo SOL-PERP+0.0096%1h118.94−0.027%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.98+0.001%$8.1M$416.6M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.96−0.010%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.98+0.004%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.99+0.017%$6.1M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.12+0.118%$721.0M$411.9M20xas long as short
Aster SOLUSDT+0.0100%8h118.99+0.012%$178.6M$176.3M100xas long as short
Pacifica SOL+0.0100%1h119.03+0.043%$12.3M$120.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.00+0.022%$983.5M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h119.02+0.033%$825.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.97−0.004%$372.4M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.93−0.038%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.04+0.051%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.35+0.315%$134.1M$6.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.01+0.029%$460.3M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.01+0.028%$138.7M$205.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.93−0.036%$493.3M$460.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.02+0.038%$24.3M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.01+0.030%$27.2M$129.0Mas long as short
edgeX SOLUSDC+0.0100%4h118.97−0.008%$95.6M$403.0M75xas long as short
GRVT SOL_USDT_Perplong+0.0100%8h118.98long leg$48.7M$31.3M20x
StandX SOL-USD+0.0100%1h119.04+0.054%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.00+0.021%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00+0.023%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.00+0.024%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.98+0.001%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.96−0.013%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.98+0.004%$46.5M$102.8M50xas long as short
Phoenix SOL+0.0100%1h119.08+0.088%$6.6M$13.7M25xas long as short
Aftermath Perps SOLUSD+0.0104%1h119.14+0.139%$24K$47K20xas long as short
Extended SOL-USD+0.0104%1h118.92−0.047%$8.7M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.98+0.002%$32.6M$97.1M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.99+0.016%$225.3M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0168% / S −0.0068%1h119.02+0.038%$3.8M200xas long as short
Injective SOL/USDC PERP+0.0170%1h119.60+0.525%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h118.98+0.006%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.95−0.021%$52.2M$81.7M125xas long as short
RISEx SOL/USDC+0.0226%1h119.05+0.064%$1.7M$5.2M20xas long as short