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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Katana Perps+0.009%7-day average +0.045% · 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)−0.002%$0 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.009%, 7d avg +0.045%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.036% cheaper against Katana Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps SOL-USD118.920.0100pay 0.0100% / 8h30m 02s$45K$797K20x
ShortBulk SOL-USD118.930.0100get 0.0013% / 1h30m 02s$133.7M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Katana Perps. 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
$0.04
Price spread: +0.009% → +0.045%
−$3.56
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$14.32
Costs to cover
0.108%
Break-even
2280.1 days
Slippage unknown: Katana Perps: no order-book sample; Bulk: 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
LegHalf-spread$10k$100k$1M$5M
Buy Katana Perps no order-book sample
Sell Bulk live order book, 4 min ago4.20 bp7.7 bp −$87.7 bp −$777.7 bp −$77011.8 bp −$5,891
Katana Perps: 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
Hotstuff SOL-PERP−0.0080%1h118.89−0.029%$843$8K25xas long as short
Vest SOL-PERP−0.0075%1h118.87−0.046%$723K20xas long as short
Derive SOL-PERP−0.0073%1h118.82−0.086%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0018%1h118.90−0.015%$4.9M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.92−0.001%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.94+0.020%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m118.90−0.017%$177K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0006%1h118.94+0.019%$26.6M$26.0M50xas long as short
ApeX Omni SOLUSDT+0.0038%1h118.99+0.059%$1.5M$6.2M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h118.91−0.008%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h118.96+0.034%$104K$158K20xas long as short
BingX SOL-USDC+0.0080%8h118.86−0.048%$10.5Mas long as short
HTX SOL-USDT+0.0087%8h118.83−0.074%$231.3M$45.0M75xas long as short
Gate SOL_USDT+0.0088%8h118.84−0.067%$862.6M$679.8M100xas long as short
Lighter SOL+0.0096%1h118.87−0.039%$13.6M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.86−0.052%$2.2M$16.9M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h119.04+0.097%$120K$628K20xas long as short
Aevo SOL-PERP+0.0096%1h118.89−0.025%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.91−0.013%$8.1M$416.4M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.87−0.043%$1.0M$522K50xas long as short
Katana Perps SOL-USDlong+0.0100%8h118.92long leg$45K$797K20x
Nado SOL-PERP+0.0100%1h118.91−0.013%$6.1M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h118.96+0.034%$720.0M$412.0M20xas long as short
Aster SOLUSDT+0.0100%8h118.86−0.050%$178.0M$176.5M100xas long as short
Pacifica SOL+0.0100%1h118.92+0.001%$12.3M$120.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.86−0.049%$982.3M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.88−0.031%$825.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.87−0.042%$371.9M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.88−0.034%$233K$872K10xas long as short
Arcus SOL-USD+0.0100%1h118.94+0.015%$1.9M$9.0M20xas long as short
Bulk SOL-USDshort+0.0100%1h118.93+0.009%$133.7M$5.4M20x
MEXC SOL_USDT+0.0100%8h118.88−0.034%$433.9M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.87−0.045%$138.6M$205.1M75xas long as short
Bitget SOLUSDT+0.0100%8h118.85−0.062%$492.7M$460.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.90−0.017%$24.2M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.01+0.077%$27.2M$129.0Mas long as short
edgeX SOLUSDC+0.0100%4h118.97+0.038%$95.6M$403.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.98+0.046%$48.7M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h119.04+0.101%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.89−0.025%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.90−0.021%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.90−0.015%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.94+0.013%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.88−0.034%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.91−0.008%$46.5M$102.8M50xas long as short
Phoenix SOL+0.0100%1h119.08+0.135%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.86−0.052%$8.7M$36.0M50xas long as short
Aftermath Perps SOLUSD+0.0105%1h119.10+0.154%$24K$47K20xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.88−0.030%$32.5M$97.2M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.96+0.037%$225.4M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0168% / S −0.0068%1h118.91−0.009%$3.8M200xas long as short
Injective SOL/USDC PERP+0.0170%1h119.60+0.572%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h118.88−0.036%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.95+0.025%$52.2M$81.7M125xas long as short
RISEx SOL/USDC+0.0226%1h118.95+0.022%$1.7M$5.2M20xas long as short