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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Extended−0.076%49s7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$160.156% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$8 on $10k
Price spread, last 7 days+0.137%+$14 · spread now −0.076%, 7d avg +0.054%
Together, before fees+0.052%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.130% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.054%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD116.490.0104pay 0.0013% / 1h52m 36s$8.1M$38.3M50x
ShortPolymarket Perps SOL-USD116.400.0100get 0.0013% / 1h52m 36s$321K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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
−$0.84
Price spread: −0.076% → +0.054%
−$13.03
Slippage, 4 orders
−$2.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$29.45
Costs to cover
0.156%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; Polymarket Perps: live order book, 1 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 Extended live order book, 1 min ago0.43 bp2.9 bp −$32.9 bp −$295.4 bp −$540doesn't fit
Sell Polymarket Perps live order book, 1 min ago0.86 bp4.9 bp −$56.8 bp −$68doesn't fitdoesn'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
Hibachi SOL/USDT-P−0.0240%1h116.33−0.139%$105K$705K20xas long as short
Kraken Futures PF_SOLUSD−0.0240%1h116.47−0.012%$31.6M$103.2M100xas long as short
Vest SOL-PERP−0.0123%1h116.33−0.138%$601K20xas long as short
Bybit SOLUSDT−0.0108%8h116.48−0.008%$745.9M$1.41B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.50+0.007%$1K$8K25xas long as short
Derive SOL-PERP−0.0025%1h116.35−0.119%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.43−0.050%$42K150xas long as short
01 Exchange SOLUSD0.0000%1h116.55+0.053%$99K$175K20xas long as short
Kalshi KXSOLPERP0.0000%8h116.45−0.031%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0016%1h116.490.000%$4.4M$24.2M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SOL-USD+0.0041%1h116.41−0.067%$147K$1.6M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.47−0.017%$7.8M$405.5M50xas long as short
Bitget SOLUSDT+0.0079%8h116.51+0.020%$481.4M$449.3M100xas long as short
Orderly PERP_SOL_USDC+0.0095%8h116.44−0.038%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.51+0.018%$13.0M$60.5M25xas long as short
Lighter RH SOL+0.0096%1h116.50+0.007%$2.2M$16.5M25xas long as short
Aevo SOL-PERP+0.0096%1h116.43−0.046%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.48−0.008%$60K$899K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.56+0.059%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.49+0.003%$5.3M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.57+0.070%$699.7M$393.2M20xas long as short
Aster SOLUSDT+0.0100%8h116.52+0.025%$174.6M$183.3M100xas long as short
Pacifica SOL+0.0100%1h116.56+0.057%$15.8M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.55+0.049%$971.4M$3.84B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.52+0.027%$367.1M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.47−0.016%$211K$873K10xas long as short
Arcus SOL-USD+0.0100%1h116.57+0.070%$917K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.45−0.033%$130.4M$16.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.49+0.001%$850.4M$658.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.54+0.044%$363.1M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.50+0.013%$124.1M$227.3M75xas long as short
BingX SOL-USDC+0.0100%8h116.50+0.008%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.48−0.008%$23.0M$40.1M50xas long as short
Variational Omni SOL+0.0100%8h116.34−0.124%$25.0M$114.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.33−0.136%$93.4M$402.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.44−0.044%$47.7M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.45−0.036%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.36−0.111%$1.3M$11.9M30xas long as short
Polymarket Perps SOL-USDshort+0.0100%1h116.40−0.076%$321K$2.7M20x
Bluefin SOL-PERP+0.0100%1h116.44−0.041%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.42−0.057%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.44−0.042%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.33−0.138%$225.4M$48.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.46−0.025%$45.4M$103.6M50xas long as short
Extended SOL-USDlong+0.0104%1h116.49long leg$8.1M$38.3M50x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.39−0.082%$236.6M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0145%1h116.52+0.023%$26.3M$22.9M50xas long as short
Injective SOL/USDC PERP+0.0173%1h116.50+0.010%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.45−0.033%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0192%1h116.40−0.080%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.40−0.076%$52.1M$67.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0169%1h116.44−0.045%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.39−0.081%$112K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0547%1h116.60+0.098%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0570%1h116.44−0.041%$25K$52K20xas long as short