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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0061%/8h= −6.7% APRnext payment $0.08 per $10,000 · paid last 24h −0.042%
Price spread now: SoDEX against RISEx+0.063%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$160.163% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.082%−$8 on $10k
Price spread, last 3 days (all we have)−0.163%−$16 · spread now +0.063%, 7d avg −0.024%
Together, before fees−0.245%−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.087% dearer against RISEx than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.024%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SOL/USDC118.790.0161pay 0.0020% / 1h56m 22s$1.8M$4.8M20x
ShortSoDEX SOL-USD118.870.0100get 0.0013% / 1h56m 22s$6.2M$10.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$12.82
Price spread: +0.063% → −0.024%
$8.66
Slippage, 4 orders
−$2.27
Fee RISEx: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$20.42
Costs to cover
0.163%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; SoDEX: live order book, 3 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, 3 min ago0.04 bp3.0 bp −$36.1 bp −$61doesn't fitdoesn't fit
Sell SoDEX live order book, 3 min ago0.42 bp4.4 bp −$44.6 bp −$4615.5 bp −$1,549doesn'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
Hotstuff SOL-PERP−0.0080%1h118.86+0.056%$843$8K25xas long as short
Vest SOL-PERP−0.0079%1h118.71−0.069%$723K20xas long as short
Derive SOL-PERP−0.0062%1h118.80+0.008%$2.0M$2.8M13xas long as short
Bluefin SOL-PERP−0.0049%1h118.88+0.075%$37K$17K25xas long as short
dYdX SOL-USD−0.0031%1h118.87+0.063%$4.9M$28.0M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.87+0.066%$32.6M$97.0M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.75−0.038%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.86+0.057%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.73−0.056%$175K$3.9M8.3xas long as short
ApeX Omni SOLUSDT+0.0029%1h118.78−0.012%$1.5M$6.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOL_USDT+0.0037%8h118.81+0.013%$861.2M$657.8M100xas long as short
01 Exchange SOLUSD+0.0040%1h118.77−0.021%$103K$159K20xas long as short
Orderly PERP_SOL_USDC+0.0078%8h118.88+0.072%$1.0M$5.9M100xas long as short
BingX SOL-USDT+0.0080%8h118.74−0.047%$370.0Mas long as short
Hibachi SOL/USDT-P+0.0080%1h118.87+0.062%$121K$642K20xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.88+0.070%$8.1M$416.5M50xas long as short
Lighter SOL+0.0096%1h118.86+0.054%$13.5M$54.6M25xas long as short
Lighter RH SOL+0.0096%1h118.83+0.029%$2.1M$16.5M25xas long as short
Aevo SOL-PERP+0.0096%1h118.87+0.060%$352K$570K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.79−0.002%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.81+0.013%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.74−0.049%$5.8M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h118.89+0.080%$719.9M$408.6M20xas long as short
Aster SOLUSDT+0.0100%8h118.77−0.021%$178.4M$177.3M100xas long as short
Pacifica SOL+0.0100%1h118.87+0.060%$12.2M$122.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.75−0.038%$978.6M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.76−0.029%$823.1M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.72−0.063%$370.9M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.70−0.080%$231K$877K10xas long as short
Arcus SOL-USD+0.0100%1h118.83+0.034%$1.9M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h118.81+0.016%$133.9M$4.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.73−0.055%$429.1M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.73−0.051%$138.0M$207.3M75xas long as short
Bitget SOLUSDT+0.0100%8h118.71−0.072%$492.4M$457.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.88+0.072%$24.2M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h118.79−0.005%$27.0M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.86+0.053%$95.5M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.90+0.088%$48.7M$30.5M20xas long as short
StandX SOL-USD+0.0100%1h118.86+0.055%$1.4M$13.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.74−0.046%$355K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h118.72−0.061%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.84+0.036%$193K$1.9M30xas long as short
SoDEX SOL-USDshort+0.0100%1h118.87+0.063%$6.2M$10.8M20x
HTX SOL-USDT+0.0100%8h118.72−0.065%$231.0M$45.0M75xas long as short
Phemex SOLUSDT+0.0100%8h118.89+0.080%$46.6M$102.4M50xas long as short
Phoenix SOL+0.0100%1h118.85+0.046%$6.6M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.78−0.012%$8.7M$36.0M50xas long as short
Aftermath Perps SOLUSD+0.0119%1h118.80+0.008%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.88+0.074%$224.9M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0143%1h118.94+0.119%$26.6M$25.5M50xas long as short
RISEx SOL/USDClong+0.0161%1h118.79long leg$1.8M$4.8M20x
GMX SOL/USD [SOL-USDC]L +0.0166% / S −0.0084%1h118.91+0.093%$3.5M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.114%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0185%1h118.70−0.080%$1.1M$531K25xas long as short
BloFin SOL-USDT+0.0220%8h118.84+0.038%$51.8M$80.2M125xas long as short