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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0092%/8h= −10.0% APRnext payment $0.11 per $10,000 · paid last 24h −0.037%
Price spread now: Arcus against RISEx+0.007%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$140.135% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.087%−$9 on $10k
Price spread, last 7 days+0.040%+$4 · spread now +0.007%, 7d avg +0.031%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Arcus is 0.024% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC119.590.0192pay 0.0024% / 1h43m 06s$1.7M$5.9M20x
ShortArcus SOL-USD119.600.0100get 0.0013% / 1h43m 06s$2.0M$8.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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
−$19.24
Price spread: +0.007% → +0.031%
−$2.44
Slippage, 4 orders
−$3
Fee RISEx: 3 bp × 2 orders
−$6
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$35.19
Costs to cover
0.135%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; Arcus: live order book, 1 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 RISEx live order book, 1 min ago0.04 bp4.2 bp −$46.1 bp −$61doesn't fitdoesn't fit
Sell Arcus live order book, 1 min ago0.54 bp3.1 bp −$33.8 bp −$387.6 bp −$763doesn'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
Bluefin SOL-PERP−0.0525%1h119.49−0.082%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.41−0.152%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.56−0.027%$848$8K25xas long as short
Vest SOL-PERP−0.0065%1h119.46−0.113%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.51−0.070%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.50−0.080%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.58−0.009%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.55−0.037%$182K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.50−0.075%$120K$610K20xas long as short
Phoenix SOL+0.0054%1h119.50−0.076%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0063%1h119.39−0.170%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0066%8h119.51−0.064%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0073%8h119.46−0.110%$232.7M$44.5M75xas long as short
BingX SOL-USDT+0.0080%8h119.56−0.023%$373.9Mas long as short
01 Exchange SOLUSD+0.0088%1h119.59−0.001%$104K$154K20xas long as short
Lighter SOL+0.0096%1h119.51−0.068%$13.6M$55.4M25xas long as short
Lighter RH SOL+0.0096%1h119.50−0.074%$2.1M$16.7M25xas long as short
Gate SOL_USDT+0.0096%8h119.50−0.076%$871.4M$678.5M100xas long as short
Aevo SOL-PERP+0.0096%1h119.47−0.097%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.53−0.055%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.51−0.068%$46K$789K20xas long as short
Nado SOL-PERP+0.0100%1h119.50−0.076%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.67+0.066%$722.2M$414.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.58−0.007%$179.0M$175.8M100xas long as short
Pacifica SOL+0.0100%1h119.56−0.025%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.63+0.033%$985.9M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.70+0.089%$827.7M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.67+0.066%$373.0M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.50−0.076%$234K$887K10xas long as short
Arcus SOL-USDshort+0.0100%1h119.60+0.007%$2.0M$8.9M20x
Bulk SOL-USD+0.0100%1h119.15−0.367%$133.6M$9.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.56−0.026%$435.7M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.50−0.072%$141.0M$199.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.69+0.085%$496.8M$454.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.57−0.018%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.38−0.173%$27.7M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.46−0.111%$95.9M$398.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44−0.128%$48.9M$32.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.49−0.084%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.48−0.093%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.53−0.051%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.47−0.097%$200K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.49−0.086%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.50−0.076%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.54−0.043%$46.7M$101.9M50xas long as short
Extended SOL-USD+0.0104%1h119.68+0.072%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.56−0.029%$8.2M$415.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.51−0.070%$221.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.51−0.065%$32.7M$95.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0151%1h119.57−0.021%$26.8M$27.6M50xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.49−0.088%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.51−0.070%$1.1M$558K25xas long as short
RISEx SOL/USDClong+0.0192%1h119.59long leg$1.7M$5.9M20x
Injective SOL/USDC PERP+0.0213%1h119.13−0.385%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.52−0.059%$52.1M$82.5M125xas long as short