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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0226%/8h= −24.7% APRnext payment $0.28 per $10,000 · paid last 24h −0.196%
Price spread now: gTrade (Gains Network) against Injective−0.255%7-day average · 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 3 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 against this trade now: funding costs −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.255% cheaper against Injective than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SOL/USDC PERP118.200.0222pay 0.0028% / 1h45m 16s$4K$2K12x
ShortgTrade (Gains Network) SOL/USD117.90L 0.0000% / S +0.0004%pay 0.0001% / 1h45m 16s$53K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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
−$47.42
Price spread: −0.255% → 0.000%
−$25.47
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$82.9
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): 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 Injective no order-book sample
Sell gTrade (Gains Network) no order-book sample
Injective and gTrade (Gains Network): 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
ApeX Omni SOLUSDT−0.0171%1h118.09−0.093%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h118.00−0.173%$92K$707K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.92−0.237%$922$8K25xas long as short
Vest SOL-PERP−0.0078%1h117.87−0.278%$610K20xas long as short
HTX SOL-USDT−0.0037%8h117.82−0.323%$229.1M$45.0M75xas long as short
Derive SOL-PERP−0.0022%1h117.81−0.329%$2.0M$2.7M13xas long as short
Gate SOL_USDT−0.0010%8h117.91−0.245%$852.3M$653.5M100xas long as short
gTrade (Gains Network) SOL/USDshortL 0.0000% / S +0.0004%1h117.90−0.255%$53K150x
dYdX SOL-USD0.0000%1h117.92−0.235%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.94−0.223%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m117.94−0.221%$128K$3.9M8.3xas long as short
RISEx SOL/USDC+0.0018%1h117.91−0.247%$1.8M$4.6M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0038%1h117.91−0.247%$26.4M$25.4M50xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.85−0.300%$31.6M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.90−0.255%$7.9M$411.6M50xas long as short
BingX SOL-USDC+0.0080%8h117.92−0.241%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0084%8h117.89−0.264%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0088%1h117.93−0.228%$102K$162K20xas long as short
Lighter SOL+0.0096%1h117.88−0.273%$13.4M$58.3M25xas long as short
Lighter RH SOL+0.0096%1h117.86−0.283%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h117.87−0.275%$345K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.89−0.260%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.87−0.279%$43K$829K20xas long as short
Nado SOL-PERP+0.0100%1h117.90−0.254%$5.7M$41.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.89−0.260%$177.1M$180.5M100xas long as short
Pacifica SOL+0.0100%1h117.93−0.229%$14.0M$130.7M20xas long as short
Binance SOLUSDT+0.0100%8h117.87−0.279%$976.1M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h117.93−0.228%$823.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.91−0.245%$369.4M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.96−0.203%$239K$896K10xas long as short
Arcus SOL-USD+0.0100%1h117.95−0.213%$2.0M$9.0M20xas long as short
MEXC SOL_USDT+0.0100%8h117.90−0.254%$422.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.93−0.225%$133.8M$208.0M75xas long as short
Bitget SOLUSDT+0.0100%8h117.86−0.289%$489.2M$446.4M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.95−0.212%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h118.01−0.164%$24.4M$129.7Mas long as short
edgeX SOLUSDC+0.0100%4h118.06−0.117%$94.8M$404.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.16−0.035%$48.4M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h118.01−0.161%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.90−0.254%$358K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h117.89−0.260%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.89−0.266%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.90−0.257%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.86−0.288%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.90−0.254%$45.9M$101.6M50xas long as short
Bulk SOL-USD+0.0100%1h118.07−0.110%$135.9M$13.3M20xas long as short
Phoenix SOL+0.0101%1h118.22+0.017%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.83−0.314%$8.3M$35.9M50xas long as short
Hyperliquid SOL+0.0111%1h118.00−0.169%$719.1M$402.6M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.89−0.258%$228.5M500xas long as short
Reya SOLRUSDPERP+0.0187%1h117.89−0.259%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.04−0.135%$52.1M$74.3M125xas long as short
Injective SOL/USDC PERPlong+0.0222%1h118.20long leg$4K$2K12x
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h117.89−0.263%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0309%1h118.03−0.142%$25K$51K20xas long as short