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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Bulk+0.559%55s7-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 − costsprices read too far apart to compare
costs, in and out, $10k−$280.277% 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 7 days−0.567%−$57 · spread now +0.559%, 7d avg −0.001%
Together, before fees−0.567%−$57 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: Bybit is 0.560% dearer against Bulk than usual: you sell high and buy low, +$56 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SOL-USD118.760.0100pay 0.0013% / 1h10m 38s$137.0M$12.6M20x
ShortBybit SOLUSDT119.420.0100get 0.0100% / 8h7h 10m$829.6M$1.25B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bulk. 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: +0.559% → −0.001%
$56.03
Slippage, 4 orders
−$9.69
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$28.34
Costs to cover
0.277%
Break-even
from the start
Slippage from Bulk: live order book, 4 min ago; Bybit: 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 Bulk live order book, 4 min ago4.20 bp7.7 bp −$87.7 bp −$777.7 bp −$77012.9 bp −$6,458
Sell Bybit live order book, 4 min ago0.42 bp5.9 bp −$66.4 bp −$6410.9 bp −$1,08819.6 bp −$9,825

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
Derive SOL-PERP−0.0082%1h119.08+0.273%$2.0M$2.7M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.19+0.361%$932$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.17+0.347%$608K20xas long as short
Hibachi SOL/USDT-P−0.0040%1h119.30+0.454%$109K$670K20xas long as short
HTX SOL-USDT−0.0026%8h119.14+0.322%$231.8M$44.2M75xas long as short
dYdX SOL-USD−0.0018%1h119.36+0.507%$4.9M$25.5M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.16+0.338%$32.4M$97.1M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.19+0.360%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.20+0.376%$1.2M$20.0M3.1xas long as short
Perpl SOL0.0000%43m119.25+0.413%$125K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.23+0.398%$104K$160K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0055%1h119.21+0.380%$26.7M$24.8M50xas long as short
BingX SOL-USDC+0.0080%8h119.29+0.451%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h119.19+0.360%$1.0M$5.9M100xas long as short
Bluefin SOL-PERP+0.0085%1h119.18+0.352%$37K$17K25xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.20+0.370%$8.1M$409.9M50xas long as short
Gate SOL_USDT+0.0094%8h119.34+0.490%$857.0M$672.4M100xas long as short
Lighter SOL+0.0096%1h119.39+0.530%$14.0M$56.7M25xas long as short
Lighter RH SOL+0.0096%1h119.37+0.515%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.15+0.329%$349K$253K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.37+0.513%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.33+0.482%$46K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.17+0.347%$6.1M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.45+0.583%$731.6M$399.5M20xas long as short
Aster SOLUSDT+0.0100%8h119.32+0.475%$180.4M$176.5M100xas long as short
Pacifica SOL+0.0100%1h119.41+0.549%$12.3M$125.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.40+0.541%$983.2M$3.73B100xas long as short
Bybit SOLUSDTshort+0.0100%8h119.42+0.559%$829.6M$1.25B100x
OKX SOL-USDT-SWAP+0.0100%8h119.31+0.465%$373.4M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.29+0.448%$234K$833K10xas long as short
Arcus SOL-USD+0.0100%1h119.29+0.446%$2.0M$8.9M20xas long as short
Bulk SOL-USDlong+0.0100%1h118.76long leg$137.0M$12.6M20x
MEXC SOL_USDT+0.0100%8h119.37+0.515%$434.0M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.37+0.519%$139.3M$203.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.33+0.478%$495.2M$438.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.16+0.339%$24.0M$36.7M50xas long as short
Variational Omni SOL+0.0100%8h119.19+0.360%$24.9M$130.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.20+0.372%$95.7M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.13+0.317%$48.8M$29.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.26+0.423%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h119.18+0.355%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.22+0.389%$361K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.17+0.350%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.20+0.375%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.16+0.339%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.18+0.355%$46.7M$99.5M50xas long as short
Extended SOL-USD+0.0104%1h119.28+0.438%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.28+0.440%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25+0.413%$226.5M500xas long as short
RISEx SOL/USDC+0.0161%1h119.35+0.495%$1.8M$4.5M20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01+0.212%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h119.20+0.371%$1.1M$524K25xas long as short
Aftermath Perps SOLUSD+0.0219%1h119.22+0.388%$25K$51K20xas long as short
BloFin SOL-USDT+0.0220%8h119.15+0.330%$51.9M$74.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h119.18+0.354%$3.7M200xas long as short