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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: Coinbase International against 01 Exchange+0.176%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$280.283% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.019%−$2 on $10k
Price spread, last 3 days (all we have)−0.393%−$39 · spread now +0.176%, 7d avg −0.016%
Together, before fees−0.412%−$41 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 Coinbase International is 0.192% dearer against 01 Exchange than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD119.400.0072pay 0.0009% / 1h13m 23s$105K$151K20x
ShortCoinbase International SOL-PERP-INTX119.610.0112get 0.0014% / 1h13m 23s$8.2M$417.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$8.4
Price spread: +0.176% → −0.016%
$19.15
Slippage, 4 orders
−$11.33
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$0.78
Costs to cover
0.283%
Break-even
7.6 days
Slippage from 01 Exchange: live order book, 11 min ago; Coinbase International: live order book, 6 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, 11 min ago0.83 bp8.4 bp −$815.0 bp −$150doesn't fitdoesn't fit
Sell Coinbase International live order book, 6 min ago0.04 bp5.6 bp −$69.0 bp −$9018.1 bp −$1,814586.9 bp −$293.5K

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
Injective SOL/USDC PERP−0.0151%1h119.15−0.209%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.49+0.075%$847$8K25xas long as short
Vest SOL-PERP−0.0071%1h119.33−0.059%$724K20xas long as short
Derive SOL-PERP−0.0056%1h119.48+0.068%$2.0M$3.2M13xas long as short
dYdX SOL-USD−0.0004%1h119.50+0.085%$5.0M$27.1M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.58+0.147%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.54+0.121%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.31−0.073%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.62+0.187%$26.8M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0033%1h119.58+0.151%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0051%8h119.52+0.102%$232.8M$44.6M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.58+0.152%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.57+0.146%$120K$622K20xas long as short
01 Exchange SOLUSDlong+0.0072%1h119.40long leg$105K$151K20x
BingX SOL-USDC+0.0080%8h119.45+0.045%$10.5Mas long as short
Gate SOL_USDT+0.0089%8h119.42+0.017%$871.7M$688.0M100xas long as short
Lighter SOL+0.0096%1h119.43+0.025%$13.6M$55.1M25xas long as short
Lighter RH SOL+0.0096%1h119.42+0.021%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.55+0.129%$355K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.41+0.006%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.400.000%$49K$785K20xas long as short
Nado SOL-PERP+0.0100%1h119.38−0.017%$6.3M$41.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.42+0.020%$721.2M$414.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.42+0.016%$179.7M$176.1M100xas long as short
Pacifica SOL+0.0100%1h119.47+0.057%$12.4M$115.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.37−0.027%$977.2M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h119.33−0.056%$825.2M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.30−0.084%$371.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.39−0.008%$235K$871K10xas long as short
Arcus SOL-USD+0.0100%1h119.49+0.078%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.66+0.216%$134.1M$11.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.42+0.017%$428.7M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.44+0.034%$140.9M$197.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.30−0.082%$497.9M$452.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.57+0.142%$24.3M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.47+0.058%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.43+0.027%$95.9M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.56+0.132%$49.0M$33.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.38−0.013%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.51+0.092%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.32−0.067%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.30−0.082%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.54+0.119%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.46+0.047%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.56+0.134%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.57+0.142%$46.7M$101.6M50xas long as short
Extended SOL-USD+0.0104%1h119.41+0.009%$8.7M$36.7M50xas long as short
Coinbase International SOL-PERP-INTXshort+0.0112%1h119.61+0.176%$8.2M$417.7M50x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.46+0.049%$221.4M500xas long as short
Phoenix SOL+0.0154%1h119.58+0.151%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0090%1h119.57+0.142%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.41+0.013%$1.6M$6.0M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.31−0.076%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h119.41+0.008%$52.0M$86.8M125xas long as short
Kraken Futures PF_SOLUSD+0.0222%1h119.59+0.160%$35.6M$91.2M100xas long as short