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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0154%/8h= +16.8% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against Bybit+0.152%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.209%−$21 on $10k
Price spread, last 7 days−0.134%−$13 · spread now +0.152%, 7d avg −0.004%
Together, before fees−0.343%−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.155% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.209%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT117.19−0.0054get 0.0054% / 8h5h 54m$734.0M$1.24B100x
ShortApeX Omni SOLUSDT117.370.0100get 0.0013% / 1h54m 52s$1.1M$6.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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
$32.27
Price spread: +0.152% → −0.004%
$15.55
Slippage, 4 orders
−$3.58
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$23.24
Costs to cover
0.246%
Break-even
2.0 days
Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 2 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 Bybit live order book, 2 min ago0.43 bp6.5 bp −$67.8 bp −$7811.7 bp −$1,17323.2 bp −$11.6K
Sell ApeX Omni live order book, 2 min ago0.85 bp5.9 bp −$68.5 bp −$8567.6 bp −$6,758doesn't fit

SOL on 54 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P−0.0264%1h117.31+0.105%$99K$647K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.44+0.209%$1K$8K25xas long as short
Bybit SOLUSDTlong−0.0054%8h117.19long leg$734.0M$1.24B100x
SoDEX SOL-USD−0.0025%1h117.23+0.034%$6.1M$11.1M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.35+0.137%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.30+0.091%$1.3M$15.8M3.1xas long as short
Perpl SOL0.0000%43m117.28+0.079%$98K$2.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h117.29+0.087%$26.4M$18.5M50xas long as short
Vest SOL-PERP+0.0007%1h117.25+0.053%$272K20xas long as short
Bitget SOLUSDT+0.0029%8h117.18−0.008%$482.4M$397.3M100xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h117.26+0.061%$8.4M$369.3M50xas long as short
Aster SOLUSDT+0.0043%8h117.22+0.024%$177.8M$155.4M100xas long as short
Orderly PERP_SOL_USDC+0.0050%8h117.23+0.033%$996K$5.1M100xas long as short
01 Exchange SOLUSD+0.0064%1h117.26+0.060%$101K$181K20xas long as short
dYdX SOL-USD+0.0071%1h117.29+0.085%$9.3M$17.9M20xas long as short
Aevo SOL-PERP+0.0080%1h117.18−0.008%$348K$258K20xas long as short
Binance SOLUSDT+0.0081%8h117.19+0.003%$971.0M$3.43B100xas long as short
MEXC SOL_USDT+0.0081%8h117.21+0.017%$430.2M$910.8M300xas long as short
Kraken Futures PF_SOLUSD+0.0083%1h117.25+0.055%$32.6M$92.0M100xas long as short
Gate SOL_USDT+0.0090%8h117.24+0.043%$842.6M$584.8M100xas long as short
Lighter SOL+0.0096%1h117.25+0.047%$13.2M$54.4M25xas long as short
Lighter RH SOL+0.0096%1h117.23+0.031%$2.3M$13.5M25xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.28+0.079%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.26+0.060%$45K$879K20xas long as short
Nado SOL-PERP+0.0100%1h117.25+0.055%$5.7M$39.1M40xas long as short
Pacifica SOL+0.0100%1h117.31+0.101%$15.9M$116.2M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.17−0.017%$361.5M$1.55B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.27+0.068%$223K$759K10xas long as short
Arcus SOL-USD+0.0100%1h117.32+0.111%$1.3M$8.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.35+0.135%$127.4M$14.3M20xas long as short
KuCoin SOLUSDTM+0.0100%8h117.24+0.044%$134.5M$225.8M75xas long as short
BingX SOL-USDT+0.0100%8h117.23+0.035%$334.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.24+0.043%$23.2M$35.2M50xas long as short
Variational Omni SOL+0.0100%8h117.28+0.073%$25.1M$99.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.28+0.074%$94.2M$374.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.33+0.119%$48.0M$25.8M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h117.37+0.152%$1.1M$6.5M50x
StandX SOL-USD+0.0100%1h117.28+0.077%$1.3M$10.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.24+0.043%$323K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.27+0.065%$284K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.27+0.064%$27K$35K25xas long as short
SunX SOL-USDT+0.0100%8h117.25+0.048%$190K$1.4M30xas long as short
HTX SOL-USDT+0.0100%8h117.36+0.142%$227.0M$40.9M75xas long as short
Phemex SOLUSDT+0.0100%8h117.28+0.077%$45.5M$99.5M50xas long as short
Extended SOL-USD+0.0104%1h117.19−0.003%$8.5M$33.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.26+0.058%$210.5M500xas long as short
Phoenix SOL+0.0129%1h117.41+0.188%$6.6M$12.2M25xas long as short
Reya SOLRUSDPERP+0.0199%1h117.21+0.013%$1.1M$93K25xas long as short
BloFin SOL-USDT+0.0202%8h117.23+0.034%$51.6M$57.1M125xas long as short
Injective SOL/USDC PERP+0.0206%1h116.85−0.290%$4K$11712xas long as short
Hyperliquid SOL+0.0208%1h117.37+0.156%$723.2M$366.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0171%1h117.24+0.045%$3.5M200xas long as short
RISEx SOL/USDC+0.0250%1h117.35+0.135%$2.2M$4.4M20xas long as short
Aftermath Perps SOLUSD+0.0382%1h117.34+0.125%$25K$52K20xas long as short