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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.002%
Price spread now: Arcus against 01 Exchange+0.043%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.043%, 7d avg +0.001%
Together, before fees−0.027%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.042% dearer against 01 Exchange than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD116.720.0056pay 0.0007% / 1h54m 45s$100K$168K20x
ShortArcus SOL-USD116.770.0100get 0.0013% / 1h54m 45s$2.0M$9.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against 01 Exchange. 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
$9.24
Price spread: +0.043% → +0.001%
$4.16
Slippage, 4 orders
−$23.81
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$21.91
Costs to cover
0.353%
Break-even
23.6 days
Slippage from 01 Exchange: live order book, 4 min ago; Arcus: 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 01 Exchange live order book, 4 min ago0.86 bp14.7 bp −$1521.8 bp −$218doesn't fitdoesn't fit
Sell Arcus live order book, 4 min ago0.21 bp2.8 bp −$34.2 bp −$42153.3 bp −$15.3Kdoesn'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
ApeX Omni SOLUSDT−0.0435%1h116.33−0.334%$1.7M$6.0M50xas long as short
Hotstuff SOL-PERP−0.0080%1h116.77+0.046%$913$8K25xas long as short
Vest SOL-PERP−0.0075%1h116.59−0.113%$605K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.69−0.030%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.69−0.026%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.69−0.025%$1.4M$18.8M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h116.76+0.032%$103K$700K20xas long as short
Derive SOL-PERP+0.0012%1h116.63−0.074%$1.9M$2.8M13xas long as short
Deribit SOL_USDC-PERPETUAL+0.0047%1h116.71−0.007%$26.3M$25.2M50xas long as short
01 Exchange SOLUSDlong+0.0056%1h116.72long leg$100K$168K20x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h116.66−0.050%$7.6M$404.1M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.65−0.062%$30.8M$100.0M100xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.70−0.016%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.70−0.017%$13.0M$59.5M25xas long as short
Lighter RH SOL+0.0096%1h116.69−0.027%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.66−0.054%$342K$228K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.70−0.014%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.66−0.051%$50K$845K20xas long as short
Nado SOL-PERP+0.0100%1h116.62−0.086%$5.6M$39.2M40xas long as short
Hyperliquid SOL+0.0100%1h116.77+0.043%$707.7M$394.8M20xas long as short
Aster SOLUSDT+0.0100%8h116.68−0.038%$175.3M$181.9M100xas long as short
Pacifica SOL+0.0100%1h116.70−0.014%$15.5M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.66−0.051%$961.8M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.61−0.094%$795.0M$1.32B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.65−0.060%$364.9M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.75+0.026%$232K$849K10xas long as short
Arcus SOL-USDshort+0.0100%1h116.77+0.043%$2.0M$9.1M20x
Bulk SOL-USD+0.0100%1h116.86+0.116%$134.6M$18.3M20xas long as short
Gate SOL_USDT+0.0100%8h116.67−0.043%$848.7M$651.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.65−0.060%$415.9M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.68−0.033%$126.6M$216.5M75xas long as short
Bitget SOLUSDT+0.0100%8h116.68−0.038%$481.8M$439.0M100xas long as short
BingX SOL-USDT+0.0100%8h116.66−0.049%$365.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.68−0.034%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.68−0.038%$24.4M$115.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.36−0.307%$93.5M$396.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.56−0.135%$47.6M$29.2M20xas long as short
StandX SOL-USD+0.0100%1h116.76+0.034%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.65−0.060%$336K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.69−0.030%$148K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h116.61−0.092%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.65−0.060%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.65−0.062%$226.4M$46.4M75xas long as short
Phemex SOLUSDT+0.0100%8h116.720.000%$45.6M$101.1M50xas long as short
Extended SOL-USD+0.0104%1h116.65−0.064%$8.0M$36.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.76+0.030%$221.3M500xas long as short
Phoenix SOL+0.0129%1h116.77+0.043%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.720%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0190%1h116.61−0.094%$1.1M$538K25xas long as short
Bluefin SOL-PERP+0.0205%1h116.66−0.050%$25K$29K25xas long as short
BloFin SOL-USDT+0.0220%8h116.62−0.086%$51.8M$71.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.70−0.019%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.67−0.042%$128K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0453%1h116.81+0.076%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.81+0.081%$1.9M$4.9M20xas long as short