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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.001%
Price spread now: Extended against Katana Perps−0.056%7-day average −0.009% · 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 4 days (all we have)+0.011%+$1 on $10k
Price spread, last 7 days+0.086%+$9 · spread now −0.056%, 7d avg −0.009%
Together, before fees+0.097%+ Points / potential airdropExtended: Active · farm board+$10 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: Extended is 0.047% cheaper against Katana Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps SOL-USD116.180.0100pay 0.0100% / 8h1m 52s$64K$912K20x
ShortExtended SOL-USD116.110.0104get 0.0013% / 1h1m 52s$8.2M$36.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.93
Price spread: −0.056% → −0.009%
−$4.67
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$12.54
Costs to cover
0.088%
Break-even
100.9 days
Slippage unknown: Katana Perps: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago0.43 bp2.9 bp −$32.9 bp −$297.5 bp −$748doesn't fit
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
Kraken Futures PF_SOLUSD−0.0153%1h116.23+0.040%$32.3M$106.8M100xas long as short
Bybit SOLUSDT−0.0092%8h116.14−0.030%$732.7M$1.42B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.32+0.123%$1K$8K25xas long as short
Injective SOL/USDC PERP−0.0055%1h116.34+0.138%$4K$2K12xas long as short
Vest SOL-PERP−0.0023%1h116.20+0.015%$649K20xas long as short
Derive SOL-PERP−0.0008%1h116.14−0.039%$1.8M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.21+0.026%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.25+0.059%$1.4M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.19+0.010%$99K$3.5M8.3xas long as short
dYdX SOL-USD+0.0007%1h116.26+0.072%$4.3M$23.5M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P+0.0008%1h116.21+0.028%$102K$678K20xas long as short
Bitget SOLUSDT+0.0025%8h116.14−0.034%$479.4M$455.5M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0036%1h116.25+0.059%$26.2M$21.7M50xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.23+0.043%$7.8M$396.8M50xas long as short
Aster SOLUSDT+0.0053%8h116.17−0.012%$176.6M$168.5M100xas long as short
Orderly PERP_SOL_USDC+0.0070%8h116.20+0.016%$1.0M$6.1M100xas long as short
01 Exchange SOLUSD+0.0080%1h116.25+0.060%$100K$181K20xas long as short
Paradex SOL-USD-PERP+0.0096%8h116.25+0.056%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.19+0.012%$13.1M$61.0M25xas long as short
Lighter RH SOL+0.0096%1h116.17−0.004%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.19+0.012%$350K$256K20xas long as short
Katana Perps SOL-USDlong+0.0100%8h116.18long leg$64K$912K20x
Nado SOL-PERP+0.0100%1h116.21+0.023%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.26+0.069%$695.4M$408.5M20xas long as short
Pacifica SOL+0.0100%1h116.27+0.075%$15.7M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.17−0.009%$961.5M$3.86B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.16−0.017%$366.1M$1.76B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.180.000%$218K$854K10xas long as short
Arcus SOL-USD+0.0100%1h116.24+0.048%$919K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.060%$125.4M$25.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.15−0.026%$844.3M$671.9M100xas long as short
MEXC SOL_USDT+0.0100%8h116.17−0.009%$370.3M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.16−0.015%$129.2M$236.7M75xas long as short
BingX SOL-USDC+0.0100%8h116.15−0.022%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.21+0.026%$22.8M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.14−0.035%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.19+0.008%$93.3M$404.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.22+0.034%$47.6M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.28+0.086%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.21+0.026%$1.3M$11.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.20+0.017%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.20+0.019%$282K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.21+0.029%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.18−0.001%$189K$1.7M30xas long as short
SoDEX SOL-USD+0.0100%1h116.19+0.009%$6.1M$11.0M20xas long as short
HTX SOL-USDT+0.0100%8h116.15−0.025%$224.9M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.20+0.017%$45.2M$104.2M50xas long as short
Extended SOL-USDshort+0.0104%1h116.11−0.056%$8.2M$36.6M50x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.23+0.039%$232.7M500xas long as short
Phoenix SOL+0.0130%1h116.33+0.129%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.17−0.013%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.25+0.060%$52.0M$65.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.21+0.023%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0429%1h116.25+0.057%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.28+0.088%$2.1M$4.7M20xas long as short