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−0.0030%/8h= −3.3% APRnext payment $0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Coinbase International against SoDEX+0.022%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.022%, 7d avg +0.026%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD116.170.0078pay 0.0010% / 1h17m 28s$6.1M$11.0M20x
ShortCoinbase International SOL-PERP-INTX116.200.0048get 0.0006% / 1h17m 28s$7.8M$398.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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
−$6.25
Price spread: +0.022% → +0.026%
−$0.38
Slippage, 4 orders
−$1.57
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$26.2
Costs to cover
0.196%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; Coinbase International: live order book, 2 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 SoDEX live order book, 2 min ago0.43 bp4.4 bp −$44.9 bp −$4914.2 bp −$1,415doesn't fit
Sell Coinbase International live order book, 2 min ago0.04 bp5.2 bp −$59.0 bp −$9016.0 bp −$1,596458.8 bp −$229.4K

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−0.0153%1h116.19+0.016%$32.4M$107.0M100xas long as short
Bybit SOLUSDT−0.0101%8h116.13−0.039%$733.1M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.31+0.118%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0080%1h116.20+0.029%$101K$676K20xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.164%$4K$2K12xas long as short
Vest SOL-PERP−0.0041%1h116.13−0.032%$649K20xas long as short
Derive SOL-PERP−0.0026%1h116.08−0.082%$1.8M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.17+0.002%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.21+0.034%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.16−0.005%$99K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0004%1h116.17−0.003%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0023%8h116.12−0.045%$479.1M$456.1M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0041%1h116.23+0.048%$26.3M$21.6M50xas long as short
Coinbase International SOL-PERP-INTXshort+0.0048%1h116.20+0.022%$7.8M$398.9M50x
Aster SOLUSDT+0.0051%8h116.14−0.026%$176.9M$169.0M100xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.17+0.003%$1.0M$6.1M100xas long as short
01 Exchange SOLUSD+0.0072%1h116.170.000%$100K$182K20xas long as short
SoDEX SOL-USDlong+0.0078%1h116.17long leg$6.1M$11.0M20x
Lighter RH SOL+0.0080%1h116.13−0.031%$2.2M$16.8M25xas long as short
Paradex SOL-USD-PERP+0.0094%8h116.17−0.003%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.15−0.015%$13.1M$60.9M25xas long as short
Aevo SOL-PERP+0.0096%1h116.16−0.009%$350K$256K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.12−0.043%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.15−0.017%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.22+0.043%$695.5M$408.5M20xas long as short
Pacifica SOL+0.0100%1h116.19+0.018%$15.6M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.14−0.024%$960.3M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.14−0.026%$365.8M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.15−0.017%$224K$845K10xas long as short
Arcus SOL-USD+0.0100%1h116.17+0.003%$923K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.21+0.033%$125.5M$25.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.14−0.026%$842.4M$668.5M100xas long as short
MEXC SOL_USDT+0.0100%8h116.15−0.017%$371.6M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.16−0.009%$129.2M$236.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.16−0.010%$373.9Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.16−0.009%$22.8M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h115.97−0.168%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.15−0.017%$93.3M$406.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.23+0.049%$47.6M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.24+0.064%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.170.000%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.14−0.026%$314K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.16−0.012%$282K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.18+0.012%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.16−0.009%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.16−0.011%$224.9M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.15−0.017%$45.1M$104.3M50xas long as short
Extended SOL-USD+0.0104%1h116.11−0.048%$8.2M$37.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.17−0.001%$236.3M500xas long as short
Phoenix SOL+0.0130%1h116.170.000%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.11−0.049%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.24+0.060%$52.2M$65.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.17+0.001%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0455%1h116.18+0.013%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.22+0.040%$2.1M$4.8M20xas long as short