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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Katana Perps against SoDEX+0.228%7-day average +0.004% · 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 3 days (all we have)+0.013%+$1 on $10k
Price spread, last 3 days (all we have)−0.167%−$17 · spread now +0.228%, 7d avg +0.004%
Together, before fees−0.154%−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.224% dearer against SoDEX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD118.170.0100pay 0.0013% / 1h2m 12s$6.2M$10.8M20x
ShortKatana Perps SOL-USD118.440.0100get 0.0100% / 8h7h 02m$44K$797K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
−$0.04
Price spread: +0.228% → +0.004%
$22.44
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$10.59
Costs to cover
0.118%
Break-even
from the start
Slippage unknown: SoDEX: live order book, 2 min ago; Katana Perps: 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 SoDEX live order book, 2 min ago0.42 bp4.4 bp −$44.7 bp −$4716.9 bp −$1,690doesn't fit
Sell Katana Perps no order-book sample
Katana Perps: 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
Hotstuff SOL-PERP−0.0080%1h118.41+0.206%$926$8K25xas long as short
Vest SOL-PERP−0.0079%1h118.43+0.221%$608K20xas long as short
HTX SOL-USDT−0.0068%8h118.12−0.045%$229.7M$44.0M75xas long as short
Derive SOL-PERP−0.0063%1h118.29+0.106%$2.0M$2.7M13xas long as short
Hibachi SOL/USDT-P−0.0056%1h119.13+0.816%$106K$673K20xas long as short
dYdX SOL-USD−0.0016%1h118.44+0.228%$4.8M$25.5M20xas long as short
Gate SOL_USDT−0.0015%8h118.25+0.068%$848.3M$675.3M100xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.17+0.004%$31.9M$97.3M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.42+0.212%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.51+0.285%$1.2M$20.0M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m118.47+0.250%$124K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h118.26+0.076%$26.6M$24.9M50xas long as short
01 Exchange SOLUSD+0.0040%1h118.47+0.254%$103K$161K20xas long as short
ApeX Omni SOLUSDT+0.0079%1h119.02+0.720%$1.5M$6.1M50xas long as short
BingX SOL-USDC+0.0080%8h118.27+0.083%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h118.38+0.181%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.24+0.061%$8.1M$407.3M50xas long as short
Lighter SOL+0.0096%1h118.23+0.048%$13.2M$57.9M25xas long as short
Lighter RH SOL+0.0096%1h118.29+0.100%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h118.36+0.157%$347K$254K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.39+0.182%$1.0M$520K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h118.44+0.228%$44K$797K20x
Nado SOL-PERP+0.0100%1h118.41+0.203%$5.8M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h118.41+0.203%$724.4M$396.5M20xas long as short
Aster SOLUSDT+0.0100%8h118.35+0.150%$179.0M$177.7M100xas long as short
Pacifica SOL+0.0100%1h118.48+0.266%$12.2M$125.6M20xas long as short
Binance SOLUSDT+0.0100%8h118.31+0.118%$975.0M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.31+0.118%$822.9M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.26+0.076%$370.4M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.38+0.178%$233K$824K10xas long as short
Arcus SOL-USD+0.0100%1h118.41+0.201%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.31+0.118%$427.5M$1.14B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.25+0.069%$138.0M$203.9M75xas long as short
Bitget SOLUSDT+0.0100%8h118.29+0.099%$490.1M$441.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.29+0.102%$23.9M$36.6M50xas long as short
Variational Omni SOL+0.0100%8h119.00+0.705%$24.9M$130.0Mas long as short
edgeX SOLUSDC+0.0100%4h119.17+0.849%$95.7M$401.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.04+0.735%$48.7M$29.5M20xas long as short
StandX SOL-USD+0.0100%1h118.73+0.474%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.41+0.203%$353K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.41+0.201%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.38+0.177%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.34+0.145%$192K$1.8M30xas long as short
SoDEX SOL-USDlong+0.0100%1h118.17long leg$6.2M$10.8M20x
Phemex SOLUSDT+0.0100%8h118.30+0.110%$46.3M$99.6M50xas long as short
Bulk SOL-USD+0.0100%1h119.24+0.901%$137.6M$12.7M20xas long as short
Extended SOL-USD+0.0104%1h118.16−0.006%$8.5M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.25+0.914%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.51+0.292%$225.2M500xas long as short
RISEx SOL/USDC+0.0161%1h118.38+0.181%$1.8M$4.5M20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.50+1.125%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h118.40+0.192%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.42+0.212%$51.9M$73.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h118.42+0.209%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0243%1h118.99+0.694%$25K$51K20xas long as short