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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:23 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.014%
Price spread now: ApeX Omni against Perpl−0.008%65s7-day average +0.020% · 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 7 days−0.003%$0 on $10k
Price spread, last 7 days+0.042%+$4 · spread now −0.008%, 7d avg +0.020%
Together, before fees+0.039%+ Points / potential airdropPerpl: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.028% cheaper against Perpl than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.020%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl SOL116.080get 0.0000% / 43m9m 25s$99K$3.5M8.3x
ShortApeX Omni SOLUSDT116.070.0100get 0.0013% / 1h20m 25s$1.2M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Perpl. 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
$21
Price spread: −0.008% → +0.020%
−$2.76
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$5.56
Costs to cover
0.238%
Break-even
8.9 days
Slippage unknown: Perpl: no order-book sample; ApeX Omni: live order book, 4 min ago. 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 Perpl no order-book sample
Sell ApeX Omni live order book, 4 min ago1.72 bp6.7 bp −$710.2 bp −$10269.1 bp −$6,907doesn't fit
Perpl: 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
Kraken Futures PF_SOLUSD−0.0154%1h116.03−0.041%$32.3M$107.0M100xas long as short
Bybit SOLUSDT−0.0103%8h116.07−0.008%$732.9M$1.43B100xas long as short
Hibachi SOL/USDT-P−0.0096%1h116.06−0.020%$100K$675K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.20+0.101%$1K$8K25xas long as short
Derive SOL-PERP−0.0075%1h116.00−0.069%$1.8M$3.0M13xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.242%$4K$2K12xas long as short
Vest SOL-PERP−0.0046%1h116.04−0.032%$756K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.03−0.042%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.04−0.034%$1.4M$19.4M3.1xas long as short
Perpl SOLlong0.0000%43m116.08long leg$99K$3.5M8.3x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL0.0000%1h116.06−0.019%$26.3M$21.6M50xas long as short
dYdX SOL-USD+0.0005%1h116.04−0.036%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0022%8h116.11+0.023%$479.1M$456.3M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.03−0.047%$7.8M$398.6M50xas long as short
Aster SOLUSDT+0.0049%8h116.07−0.008%$177.0M$168.7M100xas long as short
SoDEX SOL-USD+0.0056%1h116.00−0.068%$6.1M$11.0M20xas long as short
01 Exchange SOLUSD+0.0064%1h116.13+0.044%$100K$181K20xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.12+0.037%$1.0M$5.9M100xas long as short
Lighter RH SOL+0.0072%1h115.99−0.076%$2.1M$16.8M25xas long as short
Paradex SOL-USD-PERP+0.0094%8h116.05−0.022%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.00−0.069%$13.1M$60.9M25xas long as short
Aevo SOL-PERP+0.0096%1h116.12+0.036%$350K$257K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.04−0.034%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.03−0.042%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.17+0.078%$695.6M$408.2M20xas long as short
Pacifica SOL+0.0100%1h116.04−0.034%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.10+0.018%$959.8M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.13+0.044%$365.7M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.98−0.085%$224K$842K10xas long as short
Arcus SOL-USD+0.0100%1h116.08−0.003%$922K$8.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.06−0.016%$842.2M$668.0M100xas long as short
MEXC SOL_USDT+0.0100%8h116.08+0.001%$371.5M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.08+0.004%$129.1M$236.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.08−0.003%$374.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.00−0.068%$22.8M$35.6M50xas long as short
Variational Omni SOL+0.0100%8h115.97−0.090%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h115.98−0.088%$93.1M$406.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.07−0.008%$47.5M$28.9M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h116.07−0.008%$1.2M$6.8M50x
StandX SOL-USD+0.0100%1h116.07−0.008%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.07−0.008%$314K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.080.000%$284K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.10+0.019%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.01−0.059%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.04−0.037%$224.7M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.03−0.042%$45.1M$104.3M50xas long as short
Bulk SOL-USD+0.0100%1h116.35+0.233%$125.8M$26.4M20xas long as short
Extended SOL-USD+0.0104%1h116.00−0.069%$8.2M$37.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.08+0.002%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.17+0.078%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.05−0.028%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.03−0.042%$52.1M$65.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.02−0.050%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0461%1h116.14+0.052%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.13+0.045%$2.1M$4.8M20xas long as short