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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.23 per $10,000 · paid last 24h +0.206%
Price spread now: Injective against gTrade (Gains Network)+0.232%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.232% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SOL/USD116.07L −0.0001% / S +0.0004%get 0.0000% / 1h32m 32s$42K150x
ShortInjective SOL/USDC PERP116.340.0179get 0.0022% / 1h32m 32s$4K$12412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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
$37.93
Price spread: +0.232% → 0.000%
$23.18
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$51.09
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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 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+0.081%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.08+0.009%$32.2M$105.2M100xas long as short
Bybit SOLUSDT−0.0003%8h115.95−0.104%$728.2M$1.39B100xas long as short
gTrade (Gains Network) SOL/USDlongL −0.0001% / S +0.0004%1h116.07long leg$42K150x
dYdX SOL-USD0.0000%1h116.05−0.017%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.08+0.004%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.20+0.109%$99K$3.4M8.3xas long as short
Vest SOL-PERP+0.0002%1h116.05−0.019%$636K20xas long as short
Derive SOL-PERP+0.0007%1h116.15+0.068%$1.8M$2.9M13xas long as short
Bitget SOLUSDT+0.0024%8h115.99−0.066%$478.4M$446.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h116.08+0.006%$7.7M$390.7M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0042%1h116.11+0.031%$26.1M$21.4M50xas long as short
Aster SOLUSDT+0.0052%8h115.97−0.085%$176.0M$169.4M100xas long as short
Orderly PERP_SOL_USDC+0.0067%8h116.02−0.044%$1.0M$5.9M100xas long as short
SoDEX SOL-USD+0.0078%1h116.04−0.027%$6.1M$11.0M20xas long as short
Gate SOL_USDT+0.0089%8h116.03−0.035%$844.9M$612.7M100xas long as short
Lighter SOL+0.0096%1h116.03−0.035%$13.0M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h116.02−0.043%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.03−0.038%$350K$249K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.04−0.025%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h115.98−0.078%$58K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.03−0.035%$5.4M$41.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.15+0.068%$693.8M$404.8M20xas long as short
Pacifica SOL+0.0100%1h116.07+0.001%$15.6M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h115.97−0.083%$958.6M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h115.98−0.078%$365.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.07−0.001%$217K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.02−0.045%$948K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h116.00−0.061%$373.4M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.04−0.028%$129.3M$237.5M75xas long as short
BingX SOL-USDT+0.0100%8h116.00−0.061%$370.9Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.05−0.018%$22.8M$36.3M50xas long as short
Variational Omni SOL+0.0100%8h116.19+0.099%$24.8M$104.7Mas long as short
edgeX SOLUSDC+0.0100%4h116.19+0.101%$93.3M$404.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.20+0.110%$47.5M$28.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.33+0.220%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.09+0.016%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.06−0.009%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.04−0.025%$281K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h116.00−0.060%$188K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.32+0.216%$225.2M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.06−0.009%$45.1M$102.9M50xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.153%$125.8M$25.7M20xas long as short
Extended SOL-USD+0.0104%1h115.95−0.103%$8.3M$36.0M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.05−0.018%$101K$183K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.05−0.021%$230.4M500xas long as short
Phoenix SOL+0.0124%1h116.12+0.042%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0136%1h116.23+0.136%$101K$682K20xas long as short
Injective SOL/USDC PERPshort+0.0179%1h116.34+0.232%$4K$12412x
Reya SOLRUSDPERP+0.0197%1h116.12+0.041%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.02−0.044%$51.9M$63.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.04−0.026%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0407%1h116.26+0.159%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.04−0.027%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0548%1h116.05−0.021%$27K$36K25xas long as short