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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Coinbase International−0.103%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$160.161% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.103%, 7d avg −0.051%
Together, before fees+0.200%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.052% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.051%). If the spread goes back, that is −$5 on $10k: about 3.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.025% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX116.780.0048pay 0.0006% / 1h49m 59s$7.4M$404.8M50x
ShortExtended SOL-USD116.650.0104get 0.0013% / 1h49m 59s$8.3M$37.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.76
Price spread: −0.103% → −0.051%
−$5.22
Slippage, 4 orders
−$1.14
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$9.6
Costs to cover
0.161%
Break-even
12.7 days
Slippage from Coinbase International: live order book, 4 min ago; Extended: 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 Coinbase International live order book, 4 min ago0.04 bp5.1 bp −$57.9 bp −$7916.9 bp −$1,693doesn't fit
Sell Extended live order book, 4 min ago0.43 bp2.9 bp −$33.0 bp −$307.2 bp −$724doesn't fit

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
Kraken Futures PF_SOLUSD−0.0193%1h116.79+0.017%$31.2M$100.8M100xas long as short
Hibachi SOL/USDT-P−0.0160%1h117.03+0.222%$103K$699K20xas long as short
Vest SOL-PERP−0.0092%1h116.75−0.017%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.98+0.172%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.76−0.013%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.98+0.178%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0004%1h116.81+0.030%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0030%1h116.69−0.075%$1.9M$2.8M13xas long as short
Coinbase International SOL-PERP-INTXlong+0.0048%1h116.78long leg$7.4M$404.8M50x
01 Exchange SOLUSD+0.0088%1h116.76−0.013%$99K$174K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0093%8h116.76−0.015%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.84+0.058%$13.1M$59.8M25xas long as short
Lighter RH SOL+0.0096%1h116.77−0.007%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.76−0.011%$347K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.72−0.047%$50K$882K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.80+0.021%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.79+0.011%$5.4M$40.1M40xas long as short
Hyperliquid SOL+0.0100%1h116.88+0.090%$705.4M$393.8M20xas long as short
Aster SOLUSDT+0.0100%8h116.74−0.030%$174.8M$183.0M100xas long as short
Pacifica SOL+0.0100%1h116.84+0.051%$15.8M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h116.72−0.050%$973.9M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h116.64−0.118%$771.0M$1.37B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.71−0.056%$367.7M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.90+0.107%$230K$838K10xas long as short
Arcus SOL-USD+0.0100%1h116.82+0.037%$926K$8.8M20xas long as short
Gate SOL_USDT+0.0100%8h116.73−0.039%$850.5M$656.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.72−0.047%$365.8M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.71−0.055%$129.1M$222.2M75xas long as short
Bitget SOLUSDT+0.0100%8h116.68−0.079%$479.9M$442.9M100xas long as short
BingX SOL-USDT+0.0100%8h116.79+0.015%$365.8Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.75−0.021%$23.1M$39.1M50xas long as short
Variational Omni SOL+0.0100%8h116.95+0.154%$24.6M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.88+0.091%$93.8M$398.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.05+0.235%$47.8M$30.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.99+0.188%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.99+0.184%$1.3M$12.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.72−0.047%$322K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.77−0.002%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.75−0.022%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.96+0.157%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.78+0.004%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.80+0.023%$226.4M$47.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.83+0.047%$45.8M$102.7M50xas long as short
Bulk SOL-USD+0.0100%1h116.90+0.107%$134.0M$22.8M20xas long as short
Extended SOL-USDshort+0.0104%1h116.65−0.103%$8.3M$37.5M50x
Injective SOL/USDC PERP+0.0107%1h116.72−0.047%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.95+0.153%$231.4M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0143%1h116.82+0.039%$26.4M$23.3M50xas long as short
Phoenix SOL+0.0151%1h117.05+0.235%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0191%1h116.71−0.054%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h117.00+0.193%$52.0M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.75−0.024%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.79+0.015%$138K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0515%1h116.88+0.088%$25K$51K20xas long as short
RISEx SOL/USDC+0.0561%1h116.87+0.085%$1.9M$4.8M20xas long as short