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+0.0001%/8h= +0.1% APRpaid last 24h +0.003%
Price spread now: Bulk against Paradex+0.322%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$9as in the Price arb table
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.375%−$38 · spread now +0.322%, 7d avg +0.007%
Together, before fees−0.371%+ Points / potential airdropParadex: Active · farm board−$37 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: Bulk is 0.314% dearer against Paradex than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex SOL-USD-PERP118.970.0099pay 0.0099% / 8h32m 26s$1.0M$522K50x
ShortBulk SOL-USD119.350.0100get 0.0013% / 1h32m 26s$134.1M$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$0.15
Price spread: +0.322% → +0.007%
$31.43
Slippage, 4 orders
−$11.35
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$9.23
Costs to cover
0.223%
Break-even
from the start
Slippage from Paradex: live order book, 2 min ago; Bulk: live order book, 2 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, 2 min ago1.47 bp3.5 bp −$38.8 bp −$88doesn't fitdoesn't fit
Sell Bulk live order book, 2 min ago4.20 bp7.7 bp −$87.7 bp −$777.7 bp −$77011.8 bp −$5,891

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%1h118.97+0.005%$844$8K25xas long as short
Vest SOL-PERP−0.0075%1h118.95−0.013%$723K20xas long as short
Derive SOL-PERP−0.0073%1h118.91−0.046%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0017%1h119.03+0.054%$4.9M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.03+0.055%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.02+0.047%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.00+0.023%$177K$4.0M8.3xas long as short
ApeX Omni SOLUSDT+0.0042%1h119.02+0.044%$1.5M$6.2M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0050%1h119.06+0.078%$26.6M$26.0M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h119.00+0.027%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h119.04+0.061%$104K$158K20xas long as short
BingX SOL-USDT+0.0080%8h119.01+0.035%$371.9Mas long as short
HTX SOL-USDT+0.0088%8h118.93−0.029%$231.5M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h118.99+0.019%$864.0M$679.2M100xas long as short
Lighter SOL+0.0096%1h119.01+0.034%$13.6M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.98+0.012%$2.2M$16.9M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h119.03+0.050%$121K$627K20xas long as short
Aevo SOL-PERP+0.0096%1h118.96−0.007%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h119.00+0.026%$8.1M$416.6M50xas long as short
Paradex SOL-USD-PERPlong+0.0099%8h118.97long leg$1.0M$522K50x
Katana Perps SOL-USD+0.0100%8h119.00+0.027%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.00+0.023%$6.1M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.12+0.128%$721.1M$411.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.00+0.027%$178.6M$176.3M100xas long as short
Pacifica SOL+0.0100%1h119.04+0.061%$12.3M$120.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.01+0.035%$983.5M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h119.02+0.046%$825.9M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.98+0.011%$372.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.93−0.031%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.04+0.064%$1.9M$9.0M20xas long as short
Bulk SOL-USDshort+0.0100%1h119.35+0.322%$134.1M$6.0M20x
MEXC SOL_USDT+0.0100%8h119.01+0.036%$460.3M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.02+0.041%$138.7M$205.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.96−0.007%$493.4M$460.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.00+0.027%$24.2M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.09+0.104%$27.2M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23+0.220%$95.8M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.09+0.103%$48.8M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h119.03+0.053%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.00+0.027%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00+0.031%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.00+0.029%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.99+0.016%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.98+0.011%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.99+0.019%$46.5M$102.8M50xas long as short
Phoenix SOL+0.0100%1h119.08+0.095%$6.6M$13.7M25xas long as short
Aftermath Perps SOLUSD+0.0104%1h119.17+0.170%$24K$47K20xas long as short
Extended SOL-USD+0.0104%1h118.98+0.008%$8.7M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.99+0.020%$32.6M$97.1M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.99+0.022%$225.4M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0168% / S −0.0068%1h119.02+0.046%$3.8M200xas long as short
Injective SOL/USDC PERP+0.0170%1h119.60+0.532%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h118.98+0.013%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h119.00+0.027%$52.2M$81.7M125xas long as short
RISEx SOL/USDC+0.0226%1h119.06+0.074%$1.7M$5.2M20xas long as short