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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Coinbase International against SoDEX+0.029%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)−0.005%−$1 · spread now +0.029%, 7d avg +0.028%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD118.530.0100pay 0.0013% / 1h6m 03s$6.2M$10.8M20x
ShortCoinbase International SOL-PERP-INTX118.560.0096get 0.0012% / 1h6m 03s$8.1M$415.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$0.84
Price spread: +0.029% → +0.028%
$0.11
Slippage, 4 orders
−$1.3
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$20.03
Costs to cover
0.193%
Break-even
never at this rate
Slippage from SoDEX: live order book, 3 min ago; Coinbase International: 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 SoDEX live order book, 3 min ago0.42 bp4.4 bp −$44.6 bp −$4613.6 bp −$1,360doesn't fit
Sell Coinbase International live order book, 3 min ago0.04 bp5.1 bp −$58.3 bp −$8316.9 bp −$1,69467.4 bp −$33.7K

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
Derive SOL-PERP−0.0100%1h118.41−0.103%$2.0M$2.8M13xas long as short
Hotstuff SOL-PERP−0.0080%1h118.56+0.024%$841$8K25xas long as short
Vest SOL-PERP−0.0078%1h118.48−0.043%$723K20xas long as short
dYdX SOL-USD−0.0020%1h118.59+0.054%$4.8M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.50−0.027%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.56+0.026%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m118.58+0.040%$174K$3.9M8.3xas long as short
ApeX Omni SOLUSDT+0.0003%1h118.58+0.042%$1.5M$6.1M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0010%1h118.57+0.036%$26.6M$25.7M50xas long as short
Gate SOL_USDT+0.0066%8h118.51−0.017%$865.5M$687.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0076%8h118.50−0.030%$1.0M$5.9M100xas long as short
HTX SOL-USDT+0.0078%8h118.48−0.039%$230.6M$45.1M75xas long as short
01 Exchange SOLUSD+0.0080%1h118.56+0.025%$104K$158K20xas long as short
BingX SOL-USDT+0.0080%8h118.53+0.002%$372.9Mas long as short
Hibachi SOL/USDT-P+0.0088%1h118.72+0.158%$120K$631K20xas long as short
Lighter SOL+0.0096%1h118.52−0.006%$13.4M$56.7M25xas long as short
Lighter RH SOL+0.0096%1h118.52−0.013%$2.1M$17.1M25xas long as short
Aevo SOL-PERP+0.0096%1h118.48−0.046%$351K$748K20xas long as short
Coinbase International SOL-PERP-INTXshort+0.0096%1h118.56+0.029%$8.1M$415.4M50x
Paradex SOL-USD-PERP+0.0100%8h118.57+0.032%$1.0M$521K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.56+0.025%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.54+0.008%$5.8M$40.9M40xas long as short
Hyperliquid SOL+0.0100%1h118.65+0.101%$717.5M$407.2M20xas long as short
Aster SOLUSDT+0.0100%8h118.54+0.009%$178.2M$177.2M100xas long as short
Pacifica SOL+0.0100%1h118.60+0.058%$12.2M$122.3M20xas long as short
Binance SOLUSDT+0.0100%8h118.54+0.008%$977.5M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.56+0.022%$821.7M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.55+0.017%$370.1M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.44−0.076%$230K$872K10xas long as short
Arcus SOL-USD+0.0100%1h118.60+0.058%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.65+0.099%$133.6M$4.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.49−0.034%$427.8M$1.14B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.51−0.015%$137.0M$206.4M75xas long as short
Bitget SOLUSDT+0.0100%8h118.54+0.007%$491.7M$458.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.54+0.008%$24.1M$38.6M50xas long as short
Variational Omni SOL+0.0100%8h118.48−0.043%$27.0M$128.9Mas long as short
edgeX SOLUSDC+0.0100%4h118.58+0.040%$95.2M$402.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.64+0.093%$48.6M$30.8M20xas long as short
StandX SOL-USD+0.0100%1h118.56+0.025%$1.3M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.530.000%$361K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.48−0.041%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.50−0.023%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.53−0.003%$192K$1.9M30xas long as short
SoDEX SOL-USDlong+0.0100%1h118.53long leg$6.2M$10.8M20x
Phemex SOLUSDT+0.0100%8h118.52−0.008%$46.4M$102.5M50xas long as short
Phoenix SOL+0.0100%1h118.73+0.169%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.53+0.002%$8.6M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0106%1h118.53−0.002%$32.5M$96.9M100xas long as short
Aftermath Perps SOLUSD+0.0116%1h118.62+0.076%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.60+0.061%$225.8M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0166% / S −0.0070%1h118.49−0.030%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0170%1h118.66+0.110%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0184%1h118.47−0.051%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.57+0.034%$51.7M$80.0M125xas long as short
RISEx SOL/USDC+0.0226%1h118.54+0.009%$1.8M$4.8M20xas long as short