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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against Paradex+0.063%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$180.184% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.063%, 7d avg 0.000%
Together, before fees−0.103%+ Points / potential airdropParadex: 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: Binance is 0.063% dearer against Paradex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex SOL-USD-PERP119.050.0098pay 0.0098% / 8h2h 55m$1.0M$524K50x
ShortBinance SOLUSDT119.130.0100get 0.0100% / 8h2h 55m$978.2M$3.74B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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
$0.34
Price spread: +0.063% → 0.000%
$6.28
Slippage, 4 orders
−$4.37
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$11.75
Costs to cover
0.184%
Break-even
251.6 days
Slippage from Paradex: live order book, 4 min ago; Binance: live order book, 4 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 Paradex live order book, 4 min ago1.76 bp3.8 bp −$49.3 bp −$93doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.42 bp5.4 bp −$55.4 bp −$548.0 bp −$80116.3 bp −$8,134

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
Injective SOL/USDC PERP−0.0151%1h118.68−0.315%$4K$2K12xas long as short
Aftermath Perps SOLUSD−0.0084%1h119.04−0.016%$24K$48K20xas long as short
Vest SOL-PERP−0.0084%1h118.92−0.115%$731K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.04−0.012%$844$8K25xas long as short
Derive SOL-PERP−0.0065%1h118.94−0.099%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.00−0.049%$49K150xas long as short
dYdX SOL-USD0.0000%1h119.07+0.012%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.97−0.074%$191K$4.1M8.3xas long as short
Orderly PERP_SOL_USDC+0.0055%8h119.03−0.022%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0056%1h119.14+0.072%$104K$152K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0068%8h118.91−0.118%$231.7M$43.7M75xas long as short
Gate SOL_USDT+0.0082%8h119.05−0.004%$858.8M$673.1M100xas long as short
KuCoin SOLUSDTM+0.0086%8h119.07+0.011%$145.4M$197.3M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0088%1h119.12+0.052%$26.7M$27.9M50xas long as short
Lighter SOL+0.0096%1h119.06+0.002%$13.5M$52.8M25xas long as short
Lighter RH SOL+0.0096%1h119.05−0.004%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h119.03−0.020%$354K$746K20xas long as short
Bitget SOLUSDT+0.0097%8h119.07+0.014%$496.9M$451.0M100xas long as short
Paradex SOL-USD-PERPlong+0.0098%8h119.05long leg$1.0M$524K50x
Katana Perps SOL-USD+0.0100%8h119.12+0.055%$47K$781K20xas long as short
Nado SOL-PERP+0.0100%1h119.07+0.009%$5.6M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.13+0.063%$718.8M$444.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.04−0.015%$179.7M$175.5M100xas long as short
Pacifica SOL+0.0100%1h119.09+0.029%$12.4M$113.1M20xas long as short
Binance SOLUSDTshort+0.0100%8h119.13+0.063%$978.2M$3.74B100x
Bybit SOLUSDT+0.0100%8h119.15+0.083%$824.1M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.13+0.063%$368.5M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.97−0.071%$233K$868K10xas long as short
Arcus SOL-USD+0.0100%1h119.12+0.057%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.027%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h119.07+0.013%$472.4M$1.07B300xas long as short
BingX SOL-USDC+0.0100%8h119.05−0.003%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.07+0.013%$24.2M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.07+0.017%$27.7M$126.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.93−0.105%$95.5M$395.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.07+0.015%$48.7M$33.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.99−0.054%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.06+0.005%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.96−0.079%$361K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.96−0.079%$201K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.01−0.036%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.02−0.027%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.03−0.021%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.02−0.029%$46.4M$100.2M50xas long as short
Extended SOL-USD+0.0104%1h119.05−0.002%$8.7M$37.3M50xas long as short
Kalshi KXSOLPERP+0.0108%8h119.11+0.047%$1.2M$20.9M3.1xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.08+0.020%$8.1M$414.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.050.000%$217.9M500xas long as short
Hibachi SOL/USDT-P+0.0128%1h118.97−0.068%$123K$619K20xas long as short
Phoenix SOL+0.0149%1h119.15+0.080%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.12+0.056%$1.6M$6.2M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.95−0.085%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h118.99−0.054%$51.9M$91.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.08+0.018%$36.1M$90.0M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0174%1h118.99−0.051%$3.5M200xas long as short