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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.014%
Price spread now: StandX against Kraken Futures−0.023%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.023%, 7d avg +0.008%
Together, before fees+0.022%+ Points / potential airdropStandX: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.030% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.008%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOLUSD116.54−0.0072get 0.0009% / 1h27m 59s$32.2M$106.2M100x
ShortStandX SOL-USD116.510.0100get 0.0013% / 1h27m 59s$1.3M$12.0M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Kraken Futures. 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
$36.1
Price spread: −0.023% → +0.008%
−$3.04
Slippage, 4 orders
−$13.96
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
$1.1
Costs to cover
0.320%
Break-even
6.8 days
Slippage from Kraken Futures: live order book, 1 min ago; StandX: 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 Kraken Futures live order book, 1 min ago0.43 bp7.0 bp −$79.3 bp −$9314.4 bp −$1,43631.9 bp −$16.0K
Sell StandX live order book, 1 min ago3.01 bp9.6 bp −$1010.0 bp −$100doesn'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−0.0152%1h116.52−0.015%$98K$689K20xas long as short
Bybit SOLUSDT−0.0115%8h116.56+0.020%$740.7M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.52−0.014%$1K$8K25xas long as short
Kraken Futures PF_SOLUSDlong−0.0072%1h116.54long leg$32.2M$106.2M100x
Derive SOL-PERP−0.0053%1h116.33−0.179%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0025%1h116.48−0.048%$628K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.51−0.019%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.58+0.033%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.49−0.040%$110K$3.6M8.3xas long as short
dYdX SOL-USD+0.0021%1h116.49−0.041%$4.3M$23.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOL+0.0032%1h116.49−0.042%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0040%1h116.52−0.014%$99K$177K20xas long as short
Bitget SOLUSDT+0.0044%8h116.58+0.033%$480.1M$460.6M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.55+0.007%$8.0M$403.9M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0076%1h116.57+0.028%$26.4M$21.7M50xas long as short
Aster SOLUSDT+0.0084%8h116.59+0.050%$176.0M$171.7M100xas long as short
Orderly PERP_SOL_USDC+0.0088%8h116.51−0.022%$1.0M$6.0M100xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.53−0.002%$1.0M$552K50xas long as short
Lighter SOL+0.0096%1h116.51−0.022%$13.0M$60.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.51−0.025%$351K$252K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.45−0.074%$64K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.48−0.047%$5.5M$41.1M40xas long as short
Hyperliquid SOL+0.0100%1h116.68+0.123%$698.5M$409.6M20xas long as short
Pacifica SOL+0.0100%1h116.55+0.012%$15.7M$130.5M20xas long as short
Binance SOLUSDT+0.0100%8h116.60+0.055%$967.9M$3.89B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.57+0.029%$368.6M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.42−0.100%$216K$877K10xas long as short
Arcus SOL-USD+0.0100%1h116.50−0.030%$900K$8.7M20xas long as short
Bulk SOL-USD+0.0100%1h116.45−0.074%$124.6M$26.6M20xas long as short
Gate SOL_USDT+0.0100%8h116.54+0.003%$846.4M$669.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.54+0.003%$367.2M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.50−0.027%$130.0M$232.6M75xas long as short
BingX SOL-USDT+0.0100%8h116.57+0.030%$374.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.58+0.037%$23.1M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.46−0.062%$24.8M$111.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.45−0.078%$93.5M$410.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.48−0.046%$47.7M$30.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.540.000%$1.2M$6.8M50xas long as short
StandX SOL-USDshort+0.0100%1h116.51−0.023%$1.3M$12.0M30x
Polymarket Perps SOL-USD+0.0100%1h116.48−0.048%$312K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.53−0.010%$248K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.51−0.021%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.48−0.045%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.50−0.031%$6.1M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h116.50−0.035%$225.6M$50.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.49−0.040%$45.3M$105.1M50xas long as short
Extended SOL-USD+0.0104%1h116.45−0.071%$8.0M$39.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.52−0.018%$236.9M500xas long as short
Injective SOL/USDC PERP+0.0176%1h116.50−0.031%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.68+0.123%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.45−0.071%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.53−0.006%$52.2M$67.8M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.57+0.030%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.56+0.021%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0499%1h116.55+0.015%$25K$57K20xas long as short