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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0026%/8h= −2.9% APRnext payment $0.03 per $10,000 · paid last 24h −0.032%
Price spread now: ApeX Omni against SoDEX−0.268%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$200.197% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.142%−$14 on $10k
Price spread, last 3 days (all we have)+0.321%+$32 · spread now −0.268%, 7d avg −0.008%
Together, before fees+0.179%+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.260% cheaper against SoDEX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD119.360.0100pay 0.0013% / 1h27m 08s$6.2M$10.8M20x
ShortApeX Omni SOLUSDT119.040.0074get 0.0009% / 1h27m 08s$1.5M$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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
−$5.54
Price spread: −0.268% → −0.008%
−$25.99
Slippage, 4 orders
−$1.7
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$51.24
Costs to cover
0.197%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; ApeX Omni: 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 SoDEX live order book, 2 min ago0.42 bp4.4 bp −$45.0 bp −$5017.0 bp −$1,697doesn't fit
Sell ApeX Omni live order book, 2 min ago0.42 bp5.4 bp −$58.0 bp −$8064.4 bp −$6,437doesn'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
Injective SOL/USDC PERP−0.0151%1h119.15−0.176%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27−0.075%$846$8K25xas long as short
Vest SOL-PERP−0.0078%1h119.22−0.121%$724K20xas long as short
Derive SOL-PERP−0.0054%1h119.28−0.071%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.33−0.027%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.30−0.049%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.27−0.075%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.32−0.038%$4.9M$26.9M20xas long as short
Aftermath Perps SOLUSD+0.0009%1h119.10−0.216%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0040%1h119.43+0.056%$26.8M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P+0.0056%1h119.19−0.138%$122K$600K20xas long as short
Orderly PERP_SOL_USDC+0.0060%8h119.37+0.011%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0061%8h119.22−0.116%$232.3M$43.7M75xas long as short
01 Exchange SOLUSD+0.0072%1h119.32−0.034%$104K$152K20xas long as short
ApeX Omni SOLUSDTshort+0.0074%1h119.04−0.268%$1.5M$6.2M50x
BingX SOL-USDC+0.0080%8h119.33−0.024%$10.5Mas long as short
Gate SOL_USDT+0.0085%8h119.35−0.008%$871.5M$682.4M100xas long as short
Lighter SOL+0.0096%1h119.360.000%$13.6M$54.2M25xas long as short
Lighter RH SOL+0.0096%1h119.35−0.009%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.35−0.010%$355K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.27−0.078%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.28−0.067%$45K$783K20xas long as short
Nado SOL-PERP+0.0100%1h119.29−0.063%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.45+0.075%$720.6M$415.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.32−0.033%$179.9M$174.7M100xas long as short
Pacifica SOL+0.0100%1h119.31−0.044%$12.4M$114.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.36+0.002%$975.8M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.39+0.028%$828.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.35−0.008%$371.4M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18−0.151%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.34−0.017%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.37+0.008%$473.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.36+0.004%$143.0M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.36−0.001%$498.5M$448.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.40+0.034%$24.5M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.07−0.243%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.01−0.290%$95.6M$398.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.06−0.247%$48.7M$33.3M20xas long as short
StandX SOL-USD+0.0100%1h119.14−0.184%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.29−0.059%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.31−0.041%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.35−0.007%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.25−0.089%$194K$1.9M30xas long as short
SoDEX SOL-USDlong+0.0100%1h119.36long leg$6.2M$10.8M20x
Phemex SOLUSDT+0.0100%8h119.33−0.025%$46.7M$100.2M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.317%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.34−0.017%$8.7M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.41+0.044%$8.1M$415.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.31−0.046%$217.3M500xas long as short
Phoenix SOL+0.0154%1h119.04−0.268%$6.6M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.32−0.032%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0179%1h119.28−0.067%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.33−0.025%$51.7M$86.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.39+0.022%$36.1M$89.5M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0174%1h119.33−0.025%$3.5M200xas long as short