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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h +0.004%
Price spread now: Bullet against 01 Exchange−0.045%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.025%−$3 on $10k
Price spread, last 4 days (all we have)+0.658%+$66 · spread now −0.045%, 7d avg +0.007%
Together, before fees+0.632%+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bullet is 0.052% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.007%). If the spread goes back, that is −$5 on $10k: about 6.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD116.180.0072pay 0.0009% / 1h14m 40s$100K$182K20x
ShortBullet SOL-USD116.130.0100get 0.0013% / 1h14m 40s$281K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$5.88
Price spread: −0.045% → +0.007%
−$5.18
Slippage, 4 orders
−$9.7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$24
Costs to cover
0.247%
Break-even
35.6 days
Slippage from 01 Exchange: live order book, 24 min ago; Bullet: 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, 24 min ago0.86 bp6.7 bp −$710.7 bp −$107doesn't fitdoesn't fit
Sell Bullet live order book, 4 min ago0.04 bp5.8 bp −$610.2 bp −$102doesn't fitdoesn'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
Kraken Futures PF_SOLUSD−0.0153%1h116.13−0.041%$32.2M$106.9M100xas long as short
Bybit SOLUSDT−0.0097%8h116.16−0.019%$733.2M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.27+0.081%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0064%1h116.18−0.003%$101K$676K20xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.155%$4K$2K12xas long as short
Vest SOL-PERP−0.0038%1h116.10−0.067%$649K20xas long as short
Derive SOL-PERP−0.0026%1h116.08−0.090%$1.8M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.14−0.034%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.16−0.013%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.12−0.055%$99K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0005%1h116.17−0.011%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0023%8h116.14−0.034%$479.2M$456.2M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.14−0.034%$7.8M$398.2M50xas long as short
Aster SOLUSDT+0.0052%8h116.17−0.012%$177.0M$168.8M100xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.13−0.043%$1.0M$6.1M100xas long as short
01 Exchange SOLUSDlong+0.0072%1h116.18long leg$100K$182K20x
Deribit SOL_USDC-PERPETUAL+0.0081%1h116.18−0.004%$26.3M$21.7M50xas long as short
Lighter RH SOL+0.0088%1h116.15−0.029%$2.2M$16.8M25xas long as short
SoDEX SOL-USD+0.0090%1h116.11−0.060%$6.1M$11.0M20xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.20+0.016%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.15−0.026%$13.1M$60.9M25xas long as short
Aevo SOL-PERP+0.0096%1h116.11−0.057%$350K$256K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.11−0.060%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.13−0.043%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.21+0.026%$695.4M$408.7M20xas long as short
Pacifica SOL+0.0100%1h116.22+0.035%$15.7M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.17−0.007%$960.6M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.15−0.026%$365.7M$1.76B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.13−0.043%$223K$856K10xas long as short
Arcus SOL-USD+0.0100%1h116.18+0.002%$923K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.21+0.025%$125.5M$25.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.15−0.026%$843.7M$669.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.16−0.017%$370.8M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.18−0.003%$129.2M$236.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.17−0.008%$374.3Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.11−0.060%$22.8M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.09−0.080%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.13−0.045%$93.3M$406.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.23+0.041%$47.6M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.24+0.055%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.12−0.052%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.10−0.069%$314K$2.8M20xas long as short
Bullet SOL-USDshort+0.0100%1h116.13−0.045%$281K$1.7M20x
Bluefin SOL-PERP+0.0100%1h116.12−0.052%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.11−0.057%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.10−0.065%$224.8M$50.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.12−0.052%$45.1M$104.2M50xas long as short
Extended SOL-USD+0.0104%1h116.12−0.054%$8.2M$36.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.13−0.047%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.21+0.026%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.08−0.090%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.11−0.060%$51.9M$65.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.12−0.049%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0452%1h116.17−0.012%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.24+0.049%$2.1M$4.8M20xas long as short