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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against SunX−0.349%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$550.549% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.445%+$44 · spread now −0.349%, 7d avg +0.033%
Together, before fees+0.445%+$44 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: Bulk is 0.382% cheaper against SunX than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOL-USDT119.270.0100pay 0.0100% / 8h1h 01m$194K$1.9M30x
ShortBulk SOL-USD118.850.0100get 0.0013% / 1h1m 58s$133.1M$7.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against SunX. 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
Price spread: −0.349% → +0.033%
−$38.19
Slippage, 4 orders
−$39.88
Fee SunX: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$93.07
Costs to cover
0.549%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Bulk: 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 SunX live order book, 4 min ago3.79 bp20.8 bp −$2132.1 bp −$321doesn't fitdoesn't fit
Sell Bulk live order book, 2 min ago4.19 bp7.7 bp −$87.7 bp −$777.7 bp −$76912.3 bp −$6,146

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
Bluefin SOL-PERP−0.0178%1h119.25−0.011%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27+0.001%$846$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.20−0.054%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.20−0.056%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.29+0.019%$115K150xas long as short
dYdX SOL-USD−0.0001%1h119.26−0.002%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.28+0.013%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.27+0.002%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h119.23−0.030%$6.5M$13.6M25xas long as short
01 Exchange SOLUSD+0.0064%1h119.26−0.005%$104K$156K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0070%8h119.28+0.008%$1.1M$5.9M100xas long as short
BingX SOL-USDT+0.0080%8h119.30+0.025%$372.5Mas long as short
Hibachi SOL/USDT-P+0.0080%1h119.21−0.047%$118K$608K20xas long as short
HTX SOL-USDT+0.0082%8h119.20−0.052%$232.0M$45.0M75xas long as short
Aftermath Perps SOLUSD+0.0083%1h119.16−0.086%$24K$47K20xas long as short
Gate SOL_USDT+0.0088%8h119.25−0.013%$870.4M$690.5M100xas long as short
Lighter SOL+0.0096%1h119.27+0.004%$13.6M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h119.25−0.011%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16−0.085%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.25−0.016%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.25−0.013%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.27+0.004%$6.1M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.36+0.078%$720.1M$410.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.29+0.017%$178.6M$175.6M100xas long as short
Pacifica SOL+0.0100%1h119.30+0.029%$12.3M$119.0M20xas long as short
Binance SOLUSDT+0.0100%8h119.29+0.025%$982.7M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.33+0.051%$829.6M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.30+0.029%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18−0.072%$233K$876K10xas long as short
Arcus SOL-USD+0.0100%1h119.29+0.020%$1.9M$9.0M20xas long as short
Bulk SOL-USDshort+0.0100%1h118.85−0.349%$133.1M$7.6M20x
MEXC SOL_USDT+0.0100%8h119.28+0.012%$454.0M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.30+0.025%$139.7M$202.5M75xas long as short
Bitget SOLUSDT+0.0100%8h119.28+0.011%$496.7M$455.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.28+0.012%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.17−0.081%$27.5M$128.4Mas long as short
edgeX SOLUSDC+0.0100%4h119.16−0.092%$95.7M$401.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.21−0.047%$48.8M$31.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.00−0.223%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.20−0.055%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.26−0.005%$369K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27+0.005%$203K$1.7M20xas long as short
SunX SOL-USDTlong+0.0100%8h119.27long leg$194K$1.9M30x
SoDEX SOL-USD+0.0100%1h119.27+0.004%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.26−0.005%$46.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.26−0.003%$8.7M$36.1M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.30+0.030%$8.3M$416.8M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0116%1h119.33+0.052%$26.7M$27.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25−0.015%$224.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.28+0.012%$32.6M$96.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0169% / S −0.0071%1h119.28+0.015%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.24−0.021%$1.1M$549K25xas long as short
RISEx SOL/USDC+0.0192%1h119.28+0.010%$1.7M$5.5M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.02−0.206%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.20−0.055%$52.0M$84.0M125xas long as short