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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.005%
Price spread now: Katana Perps against Coinbase International−0.020%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.020%, 7d avg −0.021%
Together, before fees+0.202%+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX117.250.0040pay 0.0005% / 1h53m 35s$8.4M$369.0M50x
ShortKatana Perps SOL-USD117.230.0100get 0.0100% / 8h5h 53m$45K$885K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
$12.56
Price spread: −0.020% → −0.021%
$0.16
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$1.09
Costs to cover
0.138%
Break-even
7.6 days
Slippage unknown: Coinbase International: live order book, 4 min ago; Katana Perps: no order-book sample. Net counts fees only.

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 bp5.7 bp −$69.6 bp −$9616.8 bp −$1,677doesn't fit
Sell Katana Perps no order-book sample
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.051%$99K$647K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.44+0.155%$1K$8K25xas long as short
Bybit SOLUSDT−0.0053%8h117.20−0.045%$734.0M$1.24B100xas long as short
SoDEX SOL-USD−0.0029%1h117.23−0.020%$6.1M$11.1M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.20−0.045%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.27+0.011%$1.3M$15.7M3.1xas long as short
Perpl SOL0.0000%43m117.22−0.030%$98K$2.8M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h117.29+0.033%$26.4M$18.3M50xas long as short
Vest SOL-PERP+0.0007%1h117.21−0.040%$272K20xas long as short
Bitget SOLUSDT+0.0029%8h117.20−0.041%$482.5M$396.9M100xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTXlong+0.0040%1h117.25long leg$8.4M$369.0M50x
Aster SOLUSDT+0.0042%8h117.20−0.045%$177.8M$155.2M100xas long as short
ApeX Omni SOLUSDT+0.0044%1h117.25−0.003%$1.1M$6.5M50xas long as short
Orderly PERP_SOL_USDC+0.0050%8h117.19−0.057%$995K$5.1M100xas long as short
01 Exchange SOLUSD+0.0056%1h117.22−0.028%$101K$181K20xas long as short
Binance SOLUSDT+0.0080%8h117.19−0.056%$971.0M$3.42B100xas long as short
MEXC SOL_USDT+0.0080%8h117.22−0.028%$430.7M$911.3M300xas long as short
Aevo SOL-PERP+0.0080%1h117.15−0.090%$348K$258K20xas long as short
Kraken Futures PF_SOLUSD+0.0083%1h117.27+0.016%$33.7M$93.1M100xas long as short
Gate SOL_USDT+0.0087%8h117.22−0.028%$842.4M$585.1M100xas long as short
dYdX SOL-USD+0.0090%1h117.27+0.014%$9.3M$17.9M20xas long as short
Lighter SOL+0.0096%1h117.24−0.008%$13.2M$54.4M25xas long as short
Lighter RH SOL+0.0096%1h117.23−0.020%$2.3M$13.5M25xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.25−0.005%$1.0M$551K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h117.23−0.020%$45K$885K20x
Nado SOL-PERP+0.0100%1h117.21−0.032%$5.6M$39.0M40xas long as short
Pacifica SOL+0.0100%1h117.28+0.025%$15.9M$116.2M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.18−0.062%$361.6M$1.55B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.20−0.045%$223K$758K10xas long as short
Arcus SOL-USD+0.0100%1h117.27+0.018%$1.2M$8.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.35+0.081%$127.4M$14.3M20xas long as short
KuCoin SOLUSDTM+0.0100%8h117.24−0.014%$134.5M$226.1M75xas long as short
BingX SOL-USDC+0.0100%8h117.19−0.055%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.25−0.003%$23.2M$35.2M50xas long as short
Variational Omni SOL+0.0100%8h117.28+0.019%$25.1M$99.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.28+0.020%$94.2M$374.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.24−0.011%$48.0M$25.6M20xas long as short
StandX SOL-USD+0.0100%1h117.25−0.003%$1.3M$10.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.19−0.054%$323K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.21−0.034%$284K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.21−0.039%$27K$35K25xas long as short
SunX SOL-USDT+0.0100%8h117.21−0.041%$190K$1.4M30xas long as short
HTX SOL-USDT+0.0100%8h117.23−0.022%$226.8M$40.9M75xas long as short
Phemex SOLUSDT+0.0100%8h117.25−0.003%$45.5M$99.5M50xas long as short
Extended SOL-USD+0.0104%1h117.18−0.065%$8.5M$33.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.21−0.034%$210.5M500xas long as short
Phoenix SOL+0.0129%1h117.41+0.134%$6.6M$12.2M25xas long as short
Reya SOLRUSDPERP+0.0199%1h117.18−0.066%$1.1M$93K25xas long as short
BloFin SOL-USDT+0.0202%8h117.23−0.020%$51.6M$57.1M125xas long as short
Injective SOL/USDC PERP+0.0206%1h116.85−0.344%$4K$11712xas long as short
Hyperliquid SOL+0.0231%1h117.40+0.125%$724.0M$364.7M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0171%1h117.24−0.008%$3.5M200xas long as short
RISEx SOL/USDC+0.0250%1h117.25−0.001%$2.2M$4.4M20xas long as short
Aftermath Perps SOLUSD+0.0384%1h117.32+0.056%$25K$51K20xas long as short