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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:05 UTC−0.0235%/8h= −25.8% APRpaid last 24h +0.010%
Price spread now: Paradex against Perpl+0.072%7-day average −0.008% · 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)+0.194%+$19 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.072%, 7d avg −0.008%
Together, before fees+0.162%+ Points / potential airdropPerpl: Active · Paradex: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Paradex is 0.080% dearer against Perpl than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.008%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 4 days funding on this pair paid +0.194%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl SOL116.600.0335pay 0.0030% / 43m34m 24s$139K$3.7M8.3x
ShortParadex SOL-USD-PERP116.680.0100get 0.0100% / 8h4h 20m$1.0M$549K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$49.39
Price spread: +0.072% → −0.008%
$8.01
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$59.19
Costs to cover
0.178%
Break-even
never at this rate
Slippage unknown: Perpl: no order-book sample; Paradex: 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 Paradex live order book, 4 min ago1.75 bp3.8 bp −$48.9 bp −$89doesn't fitdoesn'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
Hibachi SOL/USDT-P−0.0128%1h116.69+0.081%$103K$701K20xas long as short
Vest SOL-PERP−0.0097%1h116.54−0.049%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.62+0.015%$912$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.61+0.009%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.65+0.045%$1.5M$18.7M3.1xas long as short
dYdX SOL-USD+0.0001%1h116.63+0.027%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0031%1h116.52−0.065%$1.9M$2.9M13xas long as short
01 Exchange SOLUSD+0.0056%1h116.60+0.002%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.61+0.009%$7.4M$404.5M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.62+0.022%$31.0M$100.1M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0091%8h116.61+0.012%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.62+0.020%$13.0M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h116.61+0.010%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.60−0.002%$347K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.59−0.007%$51K$866K20xas long as short
Paradex SOL-USD-PERPshort+0.0100%8h116.68+0.072%$1.0M$549K50x
Nado SOL-PERP+0.0100%1h116.60+0.005%$5.3M$39.8M40xas long as short
Hyperliquid SOL+0.0100%1h116.68+0.070%$704.3M$395.6M20xas long as short
Aster SOLUSDT+0.0100%8h116.59−0.004%$174.7M$182.2M100xas long as short
Pacifica SOL+0.0100%1h116.65+0.047%$15.7M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.60+0.002%$969.2M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.54−0.050%$781.7M$1.35B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.60+0.002%$369.0M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.74+0.122%$231K$847K10xas long as short
Arcus SOL-USD+0.0100%1h116.64+0.039%$926K$9.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.58−0.015%$841.6M$663.0M100xas long as short
MEXC SOL_USDT+0.0100%8h116.59−0.007%$386.6M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.60+0.005%$128.0M$219.7M75xas long as short
Bitget SOLUSDT+0.0100%8h116.56−0.031%$478.9M$441.1M100xas long as short
BingX SOL-USDC+0.0100%8h116.54−0.048%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.58−0.015%$23.4M$38.3M50xas long as short
Variational Omni SOL+0.0100%8h116.50−0.081%$24.4M$113.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.67+0.066%$93.7M$398.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.70+0.089%$47.7M$30.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.81+0.182%$1.3M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.77+0.148%$1.3M$12.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.58−0.015%$321K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.58−0.016%$147K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.59−0.009%$25K$30K25xas long as short
SunX SOL-USDT+0.0100%8h116.55−0.039%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.61+0.010%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.54−0.049%$226.2M$47.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.60+0.002%$45.6M$102.1M50xas long as short
Bulk SOL-USD+0.0100%1h116.70+0.087%$133.2M$21.0M20xas long as short
Extended SOL-USD+0.0104%1h116.58−0.019%$8.2M$37.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.58−0.015%$231.0M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.73+0.113%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.77+0.148%$6.5M$13.4M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0138%1h116.67+0.058%$26.3M$25.4M50xas long as short
Reya SOLRUSDPERP+0.0190%1h116.55−0.045%$1.1M$540K25xas long as short
BloFin SOL-USDT+0.0220%8h116.62+0.019%$51.7M$67.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0171%1h116.60+0.004%$3.5M200xas long as short
Perpl SOLlong+0.0335%43m116.60long leg$139K$3.7M8.3x
Aftermath Perps SOLUSD+0.0529%1h116.68+0.073%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.69+0.076%$1.9M$4.9M20xas long as short