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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0103%/8h= +11.3% APRnext payment +$1.03 per $10,000 · paid last 24h +0.011%
Price spread now: OKX against Bybit+0.035%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 days−0.049%−$5 · spread now +0.035%, 7d avg −0.011%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.046% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT115.94−0.0003get 0.0003% / 8h7h 32m$727.9M$1.39B100x
ShortOKX SOL-USDT-SWAP115.980.0100get 0.0100% / 8h7h 32m$365.7M$1.72B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$21.64
Price spread: +0.035% → −0.011%
$4.57
Slippage, 4 orders
−$1.72
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
$3.48
Costs to cover
0.227%
Break-even
5.9 days
Slippage from Bybit: live order book, 2 min ago; OKX: 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 bp5.9 bp −$66.5 bp −$659.3 bp −$92722.6 bp −$11.3K
Sell OKX live order book, 2 min ago0.43 bp5.4 bp −$56.0 bp −$6010.1 bp −$1,00521.4 bp −$10.7K

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
Hotstuff SOL-PERP−0.0080%1h116.17+0.194%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.00+0.049%$32.2M$105.2M100xas long as short
Bybit SOLUSDTlong−0.0003%8h115.94long leg$727.9M$1.39B100x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.99+0.044%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.05+0.096%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.06+0.100%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.01+0.062%$102K$3.4M8.3xas long as short
Vest SOL-PERP+0.0003%1h115.98+0.037%$636K20xas long as short
Derive SOL-PERP+0.0007%1h116.15+0.182%$1.8M$2.9M13xas long as short
Bitget SOLUSDT+0.0024%8h115.95+0.009%$478.2M$446.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h115.99+0.047%$7.7M$390.1M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0043%1h116.03+0.079%$26.1M$21.4M50xas long as short
Aster SOLUSDT+0.0052%8h115.95+0.009%$176.0M$169.5M100xas long as short
Orderly PERP_SOL_USDC+0.0067%8h115.98+0.035%$1.0M$5.8M100xas long as short
SoDEX SOL-USD+0.0077%1h115.96+0.017%$6.1M$11.0M20xas long as short
Gate SOL_USDT+0.0089%8h115.96+0.017%$844.3M$612.9M100xas long as short
Lighter SOL+0.0096%1h115.97+0.025%$13.0M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h115.96+0.015%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.00+0.049%$350K$249K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.04+0.088%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h115.98+0.035%$58K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.03+0.078%$5.4M$41.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.08+0.121%$693.2M$405.0M20xas long as short
Pacifica SOL+0.0100%1h116.07+0.114%$15.6M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h115.95+0.009%$958.4M$3.82B100xas long as short
OKX SOL-USDT-SWAPshort+0.0100%8h115.98+0.035%$365.7M$1.72B100x
Ondo Perps SOL-USD.P+0.0100%1h116.07+0.112%$217K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.02+0.068%$948K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h115.96+0.017%$371.2M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.97+0.022%$129.3M$237.5M75xas long as short
BingX SOL-USDC+0.0100%8h115.93−0.009%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.98+0.035%$22.8M$36.3M50xas long as short
Variational Omni SOL+0.0100%8h116.19+0.212%$24.8M$104.7Mas long as short
edgeX SOLUSDC+0.0100%4h116.19+0.214%$93.3M$404.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.20+0.223%$47.5M$28.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.33+0.333%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.09+0.129%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.00+0.052%$317K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h115.97+0.029%$282K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h115.98+0.036%$188K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h115.92−0.017%$224.4M$50.6M75xas long as short
Phemex SOLUSDT+0.0100%8h115.99+0.043%$45.1M$103.0M50xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.266%$125.8M$25.7M20xas long as short
Extended SOL-USD+0.0104%1h115.93−0.010%$8.3M$35.9M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.05+0.095%$101K$183K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.06+0.102%$230.4M500xas long as short
Phoenix SOL+0.0124%1h116.12+0.155%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0136%1h116.23+0.250%$101K$682K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.345%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h115.94−0.003%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.02+0.069%$51.9M$63.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h115.98+0.037%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0407%1h116.21+0.236%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.04+0.086%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0507%1h116.00+0.047%$27K$36K25xas long as short