Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%

Price spread now: ApeX Omni against OKX−0.066%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.264%−$26 on $10k

Price spread, last 7 days+0.037%+$4 · spread now −0.066%, 7d avg +0.006%

Together, before fees−0.228%−$23 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: ApeX Omni is 0.073% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOL-USDT-SWAP	119.57	0.0100	pay 0.0100% / 8h	1h 43m	$372.7M	$1.72B	100x
Short	ApeX Omni SOLUSDT	119.49	0.0100	get 0.0013% / 1h	43m 09s	$1.5M	$6.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee ApeX OmnibpOrdersPrice spread, now −0.066%Rate

Funding earned: $0
Price spread: −0.066% → +0.006%: −$7.25
Slippage, 4 orders: −$4.19
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$31.44
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; ApeX Omni: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 6 min ago	0.42 bp	5.4 bp −$5	5.7 bp −$57	10.0 bp −$998	21.8 bp −$10.9K
Sell ApeX Omni live order book, 1 min ago	1.67 bp	6.7 bp −$7	9.5 bp −$95	68.5 bp −$6,849	doesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin SOL-PERP	−0.0525%	1h	119.49	−0.064%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0095%	1h	119.41	−0.134%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.56	−0.009%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.46	−0.095%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0002%	1h	119.51	−0.053%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.50	−0.063%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.58	+0.008%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.55	−0.019%	$182K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0008%	1h	119.50	−0.057%	$120K	$610K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.50	−0.059%	$6.6M	$13.6M	25x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SOLUSD	+0.0063%	1h	119.39	−0.152%	$24K	$47K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0066%	8h	119.51	−0.047%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0073%	8h	119.46	−0.093%	$232.7M	$44.5M	75x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.50	−0.060%	—	$10.5M	—	as long as short
01 Exchange SOLUSD	+0.0088%	1h	119.59	+0.017%	$104K	$154K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.51	−0.050%	$13.6M	$55.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.50	−0.057%	$2.1M	$16.7M	25x	as long as short
Gate SOL_USDT	+0.0096%	8h	119.54	−0.025%	$871.1M	$678.4M	100x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.47	−0.080%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.53	−0.038%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.51	−0.050%	$46K	$789K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.50	−0.059%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.62	+0.042%	$721.9M	$414.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.52	−0.043%	$178.9M	$175.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.56	−0.008%	$12.4M	$116.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.57	0.000%	$985.4M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.59	+0.017%	$827.0M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAPlong	+0.0100%	8h	119.57	long leg	$372.7M	$1.72B	100x
Ondo Perps SOL-USD.P	+0.0100%	1h	119.50	−0.059%	$234K	$887K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.60	+0.024%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.15	−0.350%	$133.6M	$9.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.56	−0.008%	$435.7M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.50	−0.054%	$141.0M	$199.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.48	−0.071%	$495.9M	$454.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.52	−0.042%	$24.2M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.38	−0.156%	$27.7M	$127.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.46	−0.094%	$95.9M	$398.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.44	−0.110%	$48.9M	$32.0M	20x	as long as short
ApeX Omni SOLUSDTshort	+0.0100%	1h	119.49	−0.066%	$1.5M	$6.2M	50x
StandX SOL-USD	+0.0100%	1h	119.48	−0.075%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.53	−0.033%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.47	−0.080%	$200K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.49	−0.068%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.50	−0.059%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.54	−0.025%	$46.7M	$101.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.47	−0.084%	$8.7M	$36.5M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.56	−0.012%	$8.2M	$415.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.51	−0.053%	—	$221.8M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0149%	1h	119.51	−0.047%	$32.7M	$95.0M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0151%	1h	119.57	−0.003%	$26.8M	$27.6M	50x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0089%	1h	119.49	−0.070%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.51	−0.053%	$1.1M	$558K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.59	+0.018%	$1.7M	$5.9M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.368%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.52	−0.042%	$52.1M	$82.5M	125x	as long as short