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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.004%
Price spread now: StandX against Kraken Futures+0.181%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.260%+$26 · spread now +0.181%, 7d avg 0.000%
Together, before fees+0.229%+ Points / potential airdropStandX: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and StandX is 0.181% dearer against Kraken Futures than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOLUSD117.15−0.0055get 0.0007% / 1h39m 18s$31.5M$98.4M100x
ShortStandX SOL-USD117.360.0100get 0.0013% / 1h39m 18s$1.3M$13.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$32.62
Price spread: +0.181% → 0.000%
$18.1
Slippage, 4 orders
−$16.69
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
$16.03
Costs to cover
0.347%
Break-even
3.6 days
Slippage from Kraken Futures: live order book, 5 min ago; StandX: live order book, 5 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 Kraken Futures live order book, 5 min ago1.70 bp8.8 bp −$910.2 bp −$10213.2 bp −$1,32122.6 bp −$11.3K
Sell StandX live order book, 5 min ago4.26 bp9.1 bp −$99.1 bp −$91doesn't fitdoesn't fit

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%1h117.34+0.164%$918$8K25xas long as short
Vest SOL-PERP−0.0060%1h117.21+0.051%$605K20xas long as short
Kraken Futures PF_SOLUSDlong−0.0055%1h117.15long leg$31.5M$98.4M100x
Derive SOL-PERP−0.0010%1h117.08−0.061%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.19+0.036%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.25+0.086%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.15+0.006%$1.4M$19.4M3.1xas long as short
Deribit SOL_USDC-PERPETUAL+0.0011%1h117.18+0.028%$26.3M$25.2M50xas long as short
01 Exchange SOLUSD+0.0056%1h117.22+0.062%$100K$163K20xas long as short
HTX SOL-USDT+0.0063%8h117.16+0.007%$227.6M$45.5M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P+0.0064%1h117.35+0.172%$101K$689K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h117.16+0.012%$8.0M$402.0M50xas long as short
BingX SOL-USDT+0.0070%8h117.18+0.031%$363.2Mas long as short
Orderly PERP_SOL_USDC+0.0089%8h117.16+0.007%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.150.000%$13.1M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.14−0.005%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.14−0.003%$343K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.22+0.062%$65K$839K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.26+0.093%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.22+0.058%$5.8M$39.5M40xas long as short
Aster SOLUSDT+0.0100%8h117.22+0.063%$176.5M$178.1M100xas long as short
Pacifica SOL+0.0100%1h117.27+0.102%$14.5M$128.2M20xas long as short
Binance SOLUSDT+0.0100%8h117.17+0.019%$964.4M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.18+0.028%$819.8M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.14−0.006%$365.0M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.38+0.199%$238K$848K10xas long as short
Arcus SOL-USD+0.0100%1h117.23+0.073%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.258%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.20+0.045%$856.3M$647.6M100xas long as short
MEXC SOL_USDT+0.0100%8h117.21+0.053%$424.2M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.24+0.082%$129.8M$212.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.13−0.017%$485.5M$432.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.34+0.164%$23.6M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.24+0.081%$24.3M$117.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.31+0.143%$94.2M$398.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.46+0.267%$48.1M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.39+0.204%$1.5M$5.9M50xas long as short
StandX SOL-USDshort+0.0100%1h117.36+0.181%$1.3M$13.4M30x
Polymarket Perps SOL-USD+0.0100%1h117.22+0.062%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.19+0.038%$199K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.14−0.006%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.17+0.020%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.13−0.015%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.16+0.011%$45.6M$100.2M50xas long as short
Extended SOL-USD+0.0104%1h117.11−0.029%$8.2M$36.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.33+0.152%$220.9M500xas long as short
Phoenix SOL+0.0129%1h117.38+0.199%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.29+0.124%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0163%1h117.34+0.164%$716.8M$391.7M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.22+0.058%$1.1M$526K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38+0.199%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.14−0.006%$51.6M$70.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.18+0.031%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0385%1h117.38+0.199%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.23+0.075%$127K$3.8M8.3xas long as short