Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG118.11+0.0096pay 0.0012% / 1h44m 12s$573K$1.4M100xLong Popdex
SHORT120.56+0.0033get 0.0004% / 1h44m 12s$3K$70K10xShort Injective
Price gap+2.070%46s
Funding gap−0.0063% /8h

The gap pays +$207 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 4 months.

The two prices were read 46 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0063% /8h now · no funding history yet
Price—spread +2.070%46s now · prices read too far apart to compare
Costsno datano order book for Injective
Result, before costs—no pointsneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Injective price against Popdexnow
RANGE STATS · 7D
Now+2.070%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SOL on 55 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Injective: its slippage is not counted.
  • Note: Margin at max leverage$100 + $1,000
    Popdex 100x, Injective 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$1.88Long Popdex: 24 payments, −$2.88; short Injective: 24 payments, +$1.00.
  • Watch: Prices read 46 s apart+2.070% vs —
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$3K vs $573K OI
    Injective sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legPopdex No · Injective No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$13.16
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Injective—
Fee Popdex bp × 2 orders−$6.40
Fee Injective bp × 2 orders−$0.02
Net, fees only · 7 days · $10k−$19.58
price spread not counted: prices read too far apart
Costs to cover0.064%Break-evennever at this rate
Slippage: Popdex: live order book, 5 min ago; Injective: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex0.934.1 bp−$44.3 bp−$4319.3 bp−$1,930doesn’t fit
SELL · SHORTInjective—————

Closing costs about the same again.
Injective: no data.

Alert

SOL news

posts that mention SOL, from every exchangeSearch all news →
09-29 16:03PhoenixOtherUsing SOL as collateral on Phoenix is simple. Click Deposit, pick SOL, enter an amount. Your SOL counts as margin across every Phoenix perpetual market, including stocks and commodities. @PhoenixTrade on X ↗
09-29 11:00PacificaListingSOL-USDC no longer reported ($SOL) seen by our collector
09-29 06:38BingXOther#BingXBuzz 🚨 🐳 @Strategy buys 1,665 $BTC for $143M, stack climbs to 847,666 coins and counting 📈 $SOL ETFs record $188M weekly inflows, @Bitwise's BSOL takes $128M, every fund green 🇭🇰 Hong Kong's SFC and AFRC expand audit oversight to licensed crypto firms, replacing the 2021 pact 💵 10Y Treasury yield touches 5.27%, highest since 2007, 30Y climbs to 5.55% @BingXOfficial on X ↗
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-28 16:31BulletOtherTrade the flows on Bullet with $USDC, $SOL or $jitoSOL, at Bullet speed. @Bulletxyz on X ↗
09-28 16:31BulletOtherWhen price moves, quotes that are resting at the old price have to go and one order in a hundred takes at least the p99 to land (same path applied to cancel orders). Until yours lands, that stale quote is sitting there for the fastest taker on the other side to lift. A stable p99 beats a fast p50, because jitter is what costs you the most. At 100 orders per second that is one exposure every second, and on a $1M quote a single basis point of it is $100. Practical example: Say you are quoting $1M SOL ask on the venue with the longest tail on the Benchmark, one order in a hundred takes 3.9 seconds to land. $SOL has moved 1.3bp by then, meaning $129 is on the table. On the other hand, the same order lands in 28.9ms on low latency venue like Bullet, where the move is 0.03bp ~ $3, which saves you $126. Makers price the tail into the spread, meaning a tighter tail is a tighter book. @Bulletxyz on X ↗