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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Katana Perps against SoDEX−0.093%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.012%+$1 on $10k
Price spread, last 3 days (all we have)+0.143%+$14 · spread now −0.093%, 7d avg +0.003%
Together, before fees+0.154%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.096% cheaper against SoDEX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD118.150.0100pay 0.0013% / 1h26m 00s$6.2M$10.8M20x
ShortKatana Perps SOL-USD118.040.0100get 0.0100% / 8h6h 26m$63K$853K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
−$0.04
Price spread: −0.093% → +0.003%
−$9.62
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$21.46
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 3 min ago; Katana Perps: no order-book sample. Net counts fees only.

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 −$44.7 bp −$4713.1 bp −$1,307doesn't fit
Sell Katana Perps no order-book sample
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 54 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%1h117.98−0.146%$923$8K25xas long as short
Vest SOL-PERP−0.0069%1h118.01−0.120%$607K20xas long as short
Derive SOL-PERP−0.0049%1h118.06−0.073%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0040%1h117.98−0.146%$92K$682K20xas long as short
ApeX Omni SOLUSDT−0.0003%1h117.89−0.216%$1.5M$6.0M50xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.13−0.018%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.96−0.161%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.99−0.139%$1.4M$21.1M3.1xas long as short
Perpl SOL0.0000%43m118.12−0.022%$129K$3.9M8.3xas long as short
RISEx SOL/USDC+0.0018%1h118.08−0.056%$2.0M$4.7M20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOL_USDT+0.0042%8h118.13−0.017%$854.8M$661.4M100xas long as short
HTX SOL-USDT+0.0044%8h118.10−0.042%$229.5M$45.5M75xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.150.000%$31.7M$98.7M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.16+0.010%$8.0M$410.7M50xas long as short
BingX SOL-USDT+0.0080%8h118.14−0.006%$369.6Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h118.16+0.005%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h118.15+0.001%$13.1M$59.8M25xas long as short
Lighter RH SOL+0.0096%1h118.13−0.015%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h118.13−0.017%$103K$160K20xas long as short
Aevo SOL-PERP+0.0096%1h118.15−0.001%$346K$256K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.11−0.038%$1.0M$519K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h118.04−0.093%$63K$853K20x
Nado SOL-PERP+0.0100%1h118.01−0.114%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h118.16+0.007%$177.4M$180.0M100xas long as short
Pacifica SOL+0.0100%1h118.06−0.078%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.11−0.037%$973.4M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h118.11−0.031%$823.4M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.07−0.068%$367.0M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.01−0.118%$239K$894K10xas long as short
Arcus SOL-USD+0.0100%1h118.09−0.047%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.00−0.128%$135.1M$14.3M20xas long as short
MEXC SOL_USDT+0.0100%8h118.150.000%$425.3M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.14−0.007%$131.8M$210.4M75xas long as short
Bitget SOLUSDT+0.0100%8h118.05−0.085%$489.0M$440.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.14−0.008%$23.8M$37.4M50xas long as short
Variational Omni SOL+0.0100%8h118.14−0.012%$24.5M$122.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.87−0.234%$94.7M$403.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.78−0.310%$48.2M$29.0M20xas long as short
StandX SOL-USD+0.0100%1h118.02−0.110%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.12−0.025%$355K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.12−0.024%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.11−0.034%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.05−0.088%$192K$1.8M30xas long as short
SoDEX SOL-USDlong+0.0100%1h118.15long leg$6.2M$10.8M20x
Phemex SOLUSDT+0.0100%8h118.11−0.034%$46.0M$101.5M50xas long as short
Phoenix SOL+0.0101%1h117.98−0.144%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.01−0.117%$8.2M$36.0M50xas long as short
Hyperliquid SOL+0.0109%1h118.24+0.076%$722.5M$402.7M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.05−0.081%$226.3M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0122%1h118.19+0.034%$26.5M$25.5M50xas long as short
Reya SOLRUSDPERP+0.0188%1h118.10−0.040%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87−0.237%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h118.12−0.024%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0323%1h117.90−0.215%$25K$51K20xas long as short