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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Coinbase International against Bullet+0.035%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.035%, 7d avg +0.022%
Together, before fees−0.078%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD118.860.0100pay 0.0013% / 1h35m 11s$201K$1.7M20x
ShortCoinbase International SOL-PERP-INTX118.910.0088get 0.0011% / 1h35m 11s$8.1M$411.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bullet. 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
−$2.52
Price spread: +0.035% → +0.022%
$1.24
Slippage, 4 orders
−$4.12
Fee Bullet: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$23.41
Costs to cover
0.221%
Break-even
never at this rate
Slippage from Bullet: live order book, 4 min ago; Coinbase International: 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 Bullet live order book, 4 min ago0.17 bp6.9 bp −$79.3 bp −$93doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago0.04 bp5.1 bp −$58.3 bp −$8317.8 bp −$1,783203.3 bp −$101.7K

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−0.0214%1h118.90+0.026%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.03+0.135%$844$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.860.000%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.81−0.048%$2.0M$2.7M13xas long as short
HTX SOL-USDT−0.0040%8h118.80−0.051%$231.5M$44.0M75xas long as short
dYdX SOL-USD−0.0017%1h119.04+0.145%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.88+0.016%$32.4M$96.7M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.90+0.030%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.02+0.132%$1.2M$20.3M3.1xas long as short
Perpl SOL0.0000%43m118.92+0.049%$154K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h118.87+0.005%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.04+0.148%$102K$656K20xas long as short
Phemex SOLUSDT+0.0065%8h118.88+0.013%$46.6M$100.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0077%1h118.94+0.060%$26.6M$24.8M50xas long as short
BingX SOL-USDT+0.0080%8h118.91+0.039%$367.2Mas long as short
Orderly PERP_SOL_USDC+0.0081%8h118.89+0.022%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTXshort+0.0088%1h118.91+0.035%$8.1M$411.1M50x
Lighter SOL+0.0096%1h118.89+0.020%$14.2M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.87+0.005%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.89+0.024%$348K$248K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.01+0.123%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.87+0.005%$47K$780K20xas long as short
Nado SOL-PERP+0.0100%1h118.92+0.051%$5.8M$41.1M40xas long as short
Aster SOLUSDT+0.0100%8h118.87+0.004%$178.8M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.02+0.129%$12.2M$123.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.89+0.021%$978.8M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h118.93+0.055%$823.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.93+0.055%$370.9M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.072%$233K$852K10xas long as short
Arcus SOL-USD+0.0100%1h118.93+0.052%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.80−0.054%$134.2M$6.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.90+0.030%$859.2M$663.9M100xas long as short
MEXC SOL_USDT+0.0100%8h118.89+0.021%$427.8M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.91+0.038%$138.1M$202.6M75xas long as short
Bitget SOLUSDT+0.0100%8h118.89+0.019%$493.5M$441.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.91+0.038%$24.2M$37.2M50xas long as short
Variational Omni SOL+0.0100%8h119.01+0.119%$27.0M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.90+0.034%$95.5M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.81−0.044%$48.7M$29.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.01+0.121%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.98+0.097%$1.4M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.86−0.004%$358K$2.4M20xas long as short
Bullet SOL-USDlong+0.0100%1h118.86long leg$201K$1.7M20x
SunX SOL-USDT+0.0100%8h118.94+0.064%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.88+0.013%$6.3M$10.8M20xas long as short
Hyperliquid SOL+0.0103%1h119.02+0.131%$721.3M$399.1M20xas long as short
Extended SOL-USD+0.0104%1h118.86−0.007%$8.6M$35.2M50xas long as short
Phoenix SOL+0.0114%1h118.97+0.089%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.88+0.015%$220.1M500xas long as short
RISEx SOL/USDC+0.0161%1h118.90+0.034%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.88+0.012%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.172%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0173%1h118.91+0.041%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h118.84−0.018%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.85−0.012%$51.7M$77.5M125xas long as short