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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h −0.009%
Price spread now: gTrade (Gains Network) against Kraken Futures+0.176%52s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.176% dearer against Kraken Futures than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOLUSD117.45−0.0057get 0.0007% / 1h11m 29s$32.5M$100.1M100x
ShortgTrade (Gains Network) SOL/USD117.66L −0.0001% / S +0.0004%pay 0.0001% / 1h11m 29s$40K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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
$11.04
Price spread: +0.176% → 0.000%
$17.64
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$8.68
Costs to cover
0.200%
Break-even
1.5 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. 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 Kraken Futures live order book, 3 min ago1.28 bp6.9 bp −$79.5 bp −$9515.6 bp −$1,56432.9 bp −$16.4K
Sell gTrade (Gains Network) no order-book sample
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 54 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%1h117.24−0.179%$1K$8K25xas long as short
Kraken Futures PF_SOLUSDlong−0.0057%1h117.45long leg$32.5M$100.1M100x
Bybit SOLUSDT−0.0054%8h117.57+0.104%$737.1M$1.32B100xas long as short
Vest SOL-PERP−0.0007%1h117.54+0.079%$520K20xas long as short
gTrade (Gains Network) SOL/USDshortL −0.0001% / S +0.0004%1h117.66+0.176%$40K150x
Kalshi KXSOLPERP0.0000%8h117.36−0.071%$1.3M$18.1M3.1xas long as short
Perpl SOL0.0000%43m117.45+0.002%$100K$3.0M8.3xas long as short
Phemex SOLUSDT+0.0015%8h117.39−0.049%$45.6M$102.3M50xas long as short
Bitget SOLUSDT+0.0023%8h117.61+0.135%$486.8M$424.4M100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h117.44−0.009%$8.1M$387.1M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SOLUSDT+0.0053%8h117.57+0.104%$178.7M$165.2M100xas long as short
Orderly PERP_SOL_USDC+0.0065%8h117.43−0.015%$1.0M$5.5M100xas long as short
dYdX SOL-USD+0.0073%1h117.62+0.148%$8.2M$21.4M20xas long as short
Lighter SOL+0.0096%1h117.60+0.126%$13.2M$56.9M25xas long as short
Lighter RH SOL+0.0096%1h117.59+0.123%$2.2M$15.0M25xas long as short
Aevo SOL-PERP+0.0096%1h117.40−0.040%$354K$234K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h117.60+0.133%$1.0M$555K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.55+0.087%$48K$833K20xas long as short
Nado SOL-PERP+0.0100%1h117.63+0.159%$5.4M$40.3M40xas long as short
Hyperliquid SOL+0.0100%1h117.75+0.257%$715.3M$393.8M20xas long as short
Pacifica SOL+0.0100%1h117.63+0.151%$15.8M$127.5M20xas long as short
Binance SOLUSDT+0.0100%8h117.59+0.121%$970.0M$3.64B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.62+0.147%$367.8M$1.65B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.61+0.138%$221K$826K10xas long as short
Arcus SOL-USD+0.0100%1h117.62+0.147%$936K$8.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.93−0.442%$126.5M$25.4M20xas long as short
Gate SOL_USDT+0.0100%8h117.62+0.147%$850.4M$626.3M100xas long as short
MEXC SOL_USDT+0.0100%8h117.62+0.147%$404.8M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.60+0.130%$132.9M$231.6M75xas long as short
BingX SOL-USDC+0.0100%8h117.57+0.103%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.45+0.002%$23.3M$36.5M50xas long as short
Variational Omni SOL+0.0100%8h117.15−0.255%$25.1M$102.1Mas long as short
edgeX SOLUSDC+0.0100%4h117.05−0.334%$94.0M$408.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.10−0.296%$47.9M$27.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.24−0.177%$1.1M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h117.31−0.117%$1.3M$10.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.61+0.138%$323K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.64+0.162%$286K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.45+0.001%$27K$34K25xas long as short
SunX SOL-USDT+0.0100%8h117.36−0.078%$190K$1.6M30xas long as short
SoDEX SOL-USD+0.0100%1h117.41−0.032%$6.2M$11.1M20xas long as short
HTX SOL-USDT+0.0100%8h117.38−0.058%$227.2M$47.5M75xas long as short
Extended SOL-USD+0.0104%1h117.57+0.103%$8.4M$34.9M50xas long as short
01 Exchange SOLUSD+0.0104%1h117.61+0.138%$101K$182K20xas long as short
Hibachi SOL/USDT-P+0.0112%1h117.45+0.004%$104K$656K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h117.35−0.086%$215.4M500xas long as short
Phoenix SOL+0.0124%1h117.19−0.220%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34−0.943%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h117.14−0.259%$1.1M$541K25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0217%1h117.50+0.043%$26.4M$20.3M50xas long as short
BloFin SOL-USDT+0.0220%8h117.15−0.254%$52.1M$59.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0170%1h117.44−0.010%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0407%1h117.16−0.248%$25K$53K20xas long as short
RISEx SOL/USDC+0.0480%1h117.61+0.140%$2.2M$4.7M20xas long as short