Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.031%
Price spread now: ApeX Omni against Coinbase International−0.180%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.180%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.141% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOL-PERP-INTX | 118.59 | 0.0096 | pay 0.0012% / 1h | 23m 03s | $8.1M | $415.7M | 50x |
| Short | ApeX Omni SOLUSDT | 118.38 | −0.0020 | pay 0.0003% / 1h | 23m 03s | $1.5M | $6.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$24.41
- Price spread: −0.180% → −0.039%
- −$14.08
- Slippage, 4 orders
- −$5.42
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$63.91
- Costs to cover
- 0.254%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; ApeX Omni: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 1 min ago | 0.04 bp | 5.6 bp −$6 | 9.7 bp −$97 | 18.3 bp −$1,825 | doesn't fit |
| Sell ApeX Omni live order book, 1 min ago | 2.11 bp | 7.1 bp −$7 | 8.9 bp −$89 | 66.0 bp −$6,596 | doesn't fit |
SOL on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.42 | −0.144% | $840 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0076% | 1h | 118.40 | −0.162% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0069% | 1h | 118.43 | −0.138% | $2.0M | $2.8M | 13x | as long as short |
| ApeX Omni SOLUSDTshort | −0.0020% | 1h | 118.38 | −0.180% | $1.5M | $6.2M | 50x | |
| dYdX SOL-USD | −0.0014% | 1h | 118.51 | −0.067% | $4.8M | $28.0M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 118.51 | −0.069% | $112K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.49 | −0.081% | $1.3M | $20.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.45 | −0.116% | $175K | $4.0M | 8.3x | as long as short |
| Orderly PERP_SOL_USDC | +0.0075% | 8h | 118.52 | −0.059% | $1.0M | $5.9M | 100x | as long as short |
| Gate SOL_USDT | +0.0078% | 8h | 118.53 | −0.051% | $862.6M | $682.7M | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0080% | 1h | 118.46 | −0.110% | $103K | $157K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.55 | −0.034% | — | $372.4M | — | as long as short |
| HTX SOL-USDT | +0.0081% | 8h | 118.43 | −0.134% | $230.5M | $45.1M | 75x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0088% | 1h | 118.60 | +0.006% | $26.6M | $26.1M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.55 | −0.035% | $13.4M | $56.2M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.54 | −0.042% | $2.2M | $17.0M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0096% | 1h | 118.47 | −0.099% | $119K | $629K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.52 | −0.056% | $351K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTXlong | +0.0096% | 1h | 118.59 | long leg | $8.1M | $415.7M | 50x | |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.44 | −0.130% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.38 | −0.177% | $45K | $798K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.51 | −0.067% | $5.7M | $40.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.66 | +0.059% | $717.7M | $409.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.53 | −0.051% | $177.5M | $178.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.50 | −0.076% | $12.2M | $121.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.54 | −0.042% | $978.3M | $3.84B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.54 | −0.042% | $822.2M | $1.29B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.50 | −0.076% | $367.8M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.47 | −0.101% | $232K | $868K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.45 | −0.116% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.93 | +0.287% | $133.7M | $5.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.53 | −0.051% | $425.1M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.53 | −0.052% | $137.4M | $205.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.53 | −0.054% | $491.2M | $460.9M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.57 | −0.017% | $24.1M | $38.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.69 | +0.085% | $27.1M | $129.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.51 | −0.064% | $95.2M | $402.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.79 | +0.166% | $48.6M | $31.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.47 | −0.101% | $1.3M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.46 | −0.110% | $361K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.49 | −0.085% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.52 | −0.061% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.48 | −0.089% | $192K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.53 | −0.051% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.57 | −0.017% | $46.3M | $102.9M | 50x | as long as short |
| Phoenix SOL | +0.0100% | 1h | 118.46 | −0.110% | $6.6M | $13.7M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.49 | −0.085% | $8.7M | $36.1M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0106% | 1h | 118.57 | −0.019% | $32.4M | $97.4M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0114% | 1h | 118.74 | +0.127% | $24K | $47K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.39 | −0.166% | — | $226.6M | 500x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0168% / S −0.0068% | 1h | 118.51 | −0.071% | $3.7M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0170% | 1h | 118.91 | +0.270% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0184% | 1h | 118.44 | −0.126% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.56 | −0.025% | $52.2M | $80.4M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 118.45 | −0.122% | $1.6M | $5.2M | 20x | as long as short |
Coinbase International SOL-PERP-INTX
ApeX Omni SOLUSDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Gate SOL_USDT
01 Exchange SOLUSD
BingX SOL-USDT
HTX SOL-USDT
Deribit SOL_USDC-PERPETUAL
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Kraken Futures PF_SOLUSD
Aftermath Perps SOLUSD
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
BloFin SOL-USDT
RISEx SOL/USDC