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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.06 per $10,000 · paid last 24h −0.003%
Price spread now: Kraken Futures against StandX+0.111%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 3 days (all we have)−0.149%−$15 · spread now +0.111%, 7d avg −0.005%
Together, before fees−0.122%+ Points / potential airdropStandX: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.116% dearer against StandX than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of −0.005%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX SOL-USD117.940.0100pay 0.0013% / 1h49m 53s$1.3M$13.4M30x
ShortKraken Futures PF_SOLUSD118.070.0049get 0.0006% / 1h49m 53s$31.6M$98.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against StandX. 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
−$10.68
Price spread: +0.111% → −0.005%
$11.6
Slippage, 4 orders
−$16.68
Fee StandX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$33.76
Costs to cover
0.347%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; Kraken Futures: live order book, 4 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 StandX live order book, 4 min ago5.09 bp9.9 bp −$1011.1 bp −$11122.9 bp −$2,292doesn't fit
Sell Kraken Futures live order book, 4 min ago0.85 bp8.1 bp −$89.7 bp −$9714.4 bp −$1,44426.8 bp −$13.4K

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
ApeX Omni SOLUSDT−0.0556%1h117.84−0.086%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h118.00+0.048%$92K$705K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.92−0.014%$922$8K25xas long as short
Vest SOL-PERP−0.0078%1h117.96+0.020%$610K20xas long as short
HTX SOL-USDT−0.0053%8h117.98+0.030%$229.4M$45.0M75xas long as short
Gate SOL_USDT−0.0033%8h118.09+0.127%$853.6M$651.5M100xas long as short
Derive SOL-PERP−0.0022%1h118.00+0.054%$2.0M$2.7M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.02+0.066%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.01+0.061%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.07+0.108%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m118.08+0.118%$131K$4.0M8.3xas long as short
RISEx SOL/USDC+0.0018%1h118.07+0.112%$1.8M$4.6M20xas long as short
Kraken Futures PF_SOLUSDshort+0.0049%1h118.07+0.111%$31.6M$98.8M100x
Deribit SOL_USDC-PERPETUAL+0.0061%1h118.14+0.170%$26.4M$25.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.05+0.093%$7.9M$411.3M50xas long as short
01 Exchange SOLUSD+0.0080%1h118.10+0.136%$103K$162K20xas long as short
BingX SOL-USDT+0.0080%8h118.14+0.173%$370.0Mas long as short
Orderly PERP_SOL_USDC+0.0084%8h118.09+0.130%$1.1M$5.9M100xas long as short
Lighter SOL+0.0096%1h118.09+0.128%$13.5M$58.2M25xas long as short
Lighter RH SOL+0.0096%1h118.05+0.094%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h118.10+0.132%$346K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.09+0.124%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.02+0.068%$45K$819K20xas long as short
Nado SOL-PERP+0.0100%1h118.06+0.102%$5.7M$41.5M40xas long as short
Aster SOLUSDT+0.0100%8h118.12+0.151%$177.6M$181.1M100xas long as short
Pacifica SOL+0.0100%1h118.08+0.117%$12.9M$128.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.14+0.166%$978.3M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.16+0.189%$823.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.16+0.187%$368.6M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.97+0.025%$239K$908K10xas long as short
Arcus SOL-USD+0.0100%1h118.11+0.141%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.15+0.178%$136.0M$13.0M20xas long as short
MEXC SOL_USDT+0.0100%8h118.16+0.187%$423.0M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.14+0.167%$133.8M$207.6M75xas long as short
Bitget SOLUSDT+0.0100%8h118.14+0.170%$490.3M$445.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.15+0.178%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.97+0.023%$24.4M$129.6Mas long as short
edgeX SOLUSDC+0.0100%4h117.73−0.178%$94.6M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.06+0.103%$48.4M$29.6M20xas long as short
StandX SOL-USDlong+0.0100%1h117.94long leg$1.3M$13.4M30x
Polymarket Perps SOL-USD+0.0100%1h118.06+0.102%$352K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.03+0.075%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.03+0.075%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.02+0.064%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.11+0.144%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.07+0.110%$46.0M$101.3M50xas long as short
Phoenix SOL+0.0101%1h118.00+0.051%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.12+0.151%$8.2M$35.9M50xas long as short
Hyperliquid SOL+0.0109%1h118.24+0.254%$718.8M$401.2M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.04+0.085%$228.7M500xas long as short
Reya SOLRUSDPERP+0.0187%1h118.01+0.058%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.00+0.051%$52.2M$74.3M125xas long as short
Injective SOL/USDC PERP+0.0222%1h119.50+1.323%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h118.03+0.075%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0299%1h118.08+0.115%$25K$51K20xas long as short