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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0059%/8h= −6.5% APRnext payment $0.07 per $10,000 · paid last 24h −0.173%
Price spread now: Coinbase International against Injective−0.153%7-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 7 days−0.040%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.153% cheaper against Injective than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SOL/USDC PERP116.990.0107pay 0.0013% / 1h32m 42s$4K$2K12x
ShortCoinbase International SOL-PERP-INTX116.810.0048get 0.0006% / 1h32m 42s$7.6M$405.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
−$12.38
Price spread: −0.153% → 0.000%
−$15.3
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$37.7
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 1 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 Injective no order-book sample
Sell Coinbase International live order book, 1 min ago0.04 bp5.1 bp −$58.6 bp −$8614.7 bp −$1,469329.5 bp −$164.8K
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
Kraken Futures PF_SOLUSD−0.0193%1h116.79−0.168%$31.0M$101.0M100xas long as short
Hibachi SOL/USDT-P−0.0160%1h116.76−0.200%$103K$699K20xas long as short
Vest SOL-PERP−0.0088%1h116.72−0.228%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.91−0.066%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.79−0.173%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.80−0.161%$1.5M$19.0M3.1xas long as short
dYdX SOL-USD+0.0009%1h116.82−0.145%$4.4M$24.2M20xas long as short
Bybit SOLUSDT+0.0029%8h116.69−0.258%$762.5M$1.38B100xas long as short
Derive SOL-PERP+0.0032%1h116.74−0.210%$1.9M$2.9M13xas long as short
Coinbase International SOL-PERP-INTXshort+0.0048%1h116.81−0.153%$7.6M$405.2M50x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0072%1h116.78−0.180%$99K$174K20xas long as short
Orderly PERP_SOL_USDC+0.0093%8h116.81−0.152%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.81−0.158%$13.1M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h116.80−0.167%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.81−0.155%$348K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.73−0.222%$61K$893K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.78−0.177%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.77−0.192%$5.4M$40.2M40xas long as short
Hyperliquid SOL+0.0100%1h116.89−0.085%$705.6M$394.5M20xas long as short
Aster SOLUSDT+0.0100%8h116.77−0.188%$174.9M$183.2M100xas long as short
Pacifica SOL+0.0100%1h116.83−0.133%$15.8M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.80−0.160%$975.1M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.78−0.180%$367.1M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.88−0.094%$229K$846K10xas long as short
Arcus SOL-USD+0.0100%1h116.80−0.161%$922K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.75−0.205%$133.5M$19.9M20xas long as short
Gate SOL_USDT+0.0100%8h116.79−0.171%$853.1M$662.1M100xas long as short
MEXC SOL_USDT+0.0100%8h116.80−0.162%$366.7M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.80−0.166%$129.3M$223.1M75xas long as short
Bitget SOLUSDT+0.0100%8h116.77−0.186%$481.9M$444.9M100xas long as short
BingX SOL-USDC+0.0100%8h116.73−0.221%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.79−0.171%$23.1M$39.2M50xas long as short
Variational Omni SOL+0.0100%8h116.73−0.218%$24.5M$113.5Mas long as short
edgeX SOLUSDC+0.0100%4h116.84−0.126%$93.8M$400.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.87−0.103%$47.8M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.97−0.015%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.80−0.162%$1.3M$12.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.75−0.205%$321K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.77−0.187%$147K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.77−0.187%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.76−0.195%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.79−0.171%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.73−0.220%$226.3M$48.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.80−0.162%$45.7M$103.2M50xas long as short
Extended SOL-USD+0.0104%1h116.74−0.214%$8.3M$37.5M50xas long as short
Injective SOL/USDC PERPlong+0.0107%1h116.99long leg$4K$2K12x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.75−0.206%$231.5M500xas long as short
Phoenix SOL+0.0151%1h117.04+0.043%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0191%1h116.73−0.221%$1.1M$542K25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0192%1h116.85−0.118%$26.3M$23.3M50xas long as short
BloFin SOL-USDT+0.0220%8h116.78−0.180%$52.0M$67.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.78−0.175%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.82−0.145%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0522%1h116.86−0.113%$25K$51K20xas long as short
RISEx SOL/USDC+0.0561%1h116.87−0.105%$1.9M$4.8M20xas long as short