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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.042%
Price spread now: dYdX against Bullet+0.043%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$290.295% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.016%−$2 on $10k
Price spread, last 7 days−0.030%−$3 · spread now +0.043%, 7d avg −0.036%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.079% dearer against Bullet than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.036%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 3 days (−0.016% in total) that is about 17 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD117.630.0100pay 0.0013% / 1h8m 19s$199K$1.6M20x
ShortdYdX SOL-USD117.680get 0.0000% / 1h8m 19s$4.5M$24.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.043% → −0.036%
$7.86
Slippage, 4 orders
−$11.47
Fee Bullet: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.61
Costs to cover
0.295%
Break-even
never at this rate
Slippage from Bullet: live order book, 1 min ago; dYdX: live order book, 1 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, 1 min ago0.51 bp6.5 bp −$78.6 bp −$86doesn't fitdoesn't fit
Sell dYdX live order book, 1 min ago0.85 bp8.0 bp −$813.3 bp −$13339.4 bp −$3,943106.0 bp −$53.0K

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
Hotstuff SOL-PERP−0.0080%1h117.65+0.016%$920$8K25xas long as short
Vest SOL-PERP−0.0072%1h117.59−0.029%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.60−0.026%$31.6M$98.9M100xas long as short
Bluefin SOL-PERP−0.0053%1h117.61−0.010%$25K$28K25xas long as short
Derive SOL-PERP−0.0010%1h117.54−0.071%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.66+0.027%$57K150xas long as short
dYdX SOL-USDshort0.0000%1h117.68+0.043%$4.5M$24.1M20x
Deribit SOL_USDC-PERPETUAL+0.0031%1h117.65+0.017%$26.4M$24.9M50xas long as short
Hibachi SOL/USDT-P+0.0032%1h117.88+0.214%$105K$696K20xas long as short
01 Exchange SOLUSD+0.0064%1h117.65+0.019%$100K$166K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.62−0.005%$7.9M$403.6M50xas long as short
Orderly PERP_SOL_USDC+0.0090%8h117.63+0.002%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.60−0.023%$13.2M$60.0M25xas long as short
Lighter RH SOL+0.0096%1h117.59−0.034%$2.1M$16.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.61−0.012%$345K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.64+0.011%$56K$856K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.70+0.062%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.63+0.007%$5.8M$38.8M40xas long as short
Aster SOLUSDT+0.0100%8h117.59−0.031%$176.9M$180.4M100xas long as short
Pacifica SOL+0.0100%1h117.69+0.057%$14.5M$128.4M20xas long as short
Binance SOLUSDT+0.0100%8h117.59−0.031%$968.9M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.60−0.025%$828.9M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.53−0.083%$365.4M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.61−0.015%$234K$862K10xas long as short
Arcus SOL-USD+0.0100%1h117.65+0.023%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h117.96+0.286%$136.3M$17.1M20xas long as short
Gate SOL_USDT+0.0100%8h117.61−0.015%$858.8M$655.3M100xas long as short
MEXC SOL_USDT+0.0100%8h117.58−0.040%$424.4M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.59−0.033%$130.5M$213.6M75xas long as short
Bitget SOLUSDT+0.0100%8h117.63+0.001%$487.3M$431.5M100xas long as short
BingX SOL-USDC+0.0100%8h117.60−0.027%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.70+0.062%$23.7M$37.3M50xas long as short
Variational Omni SOL+0.0100%8h117.77+0.123%$24.4M$114.5Mas long as short
edgeX SOLUSDC+0.0100%4h117.72+0.076%$94.6M$391.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.93+0.257%$48.3M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.83+0.172%$1.7M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h117.96+0.283%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.62−0.006%$352K$2.4M20xas long as short
Bullet SOL-USDlong+0.0100%1h117.63long leg$199K$1.6M20x
SunX SOL-USDT+0.0100%8h117.63+0.004%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.60−0.023%$6.2M$10.7M20xas long as short
HTX SOL-USDT+0.0100%8h117.67+0.033%$228.5M$45.2M75xas long as short
Phemex SOLUSDT+0.0100%8h117.60−0.023%$45.9M$100.4M50xas long as short
Kalshi KXSOLPERP+0.0103%8h117.66+0.029%$1.3M$19.3M3.1xas long as short
Extended SOL-USD+0.0104%1h117.56−0.054%$8.2M$36.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.61−0.011%$215.3M500xas long as short
Phoenix SOL+0.0129%1h117.99+0.308%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.70+0.061%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0173%1h117.72+0.079%$720.2M$387.5M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.60−0.024%$1.1M$537K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.49−0.117%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.69+0.053%$51.9M$71.6M125xas long as short
Perpl SOL+0.0223%43m117.68+0.044%$127K$3.7M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.62−0.004%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0412%1h117.81+0.151%$25K$52K20xas long as short