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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0164%/8h= +17.9% APRpaid last 24h +0.037%
Price spread now: Katana Perps against Vest+0.012%52s7-day average −0.048% · 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)+0.088%+$9 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.012%, 7d avg −0.048%
Together, before fees+0.096%+ Points / potential airdropVest: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Katana Perps is 0.060% dearer against Vest than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SOL-PERP119.31−0.0064get 0.0008% / 1h46m 38s$722K20x
ShortKatana Perps SOL-USD119.320.0100get 0.0100% / 8h1h 46m$46K$789K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Vest. 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
$34.41
Price spread: +0.012% → −0.048%
$5.98
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$34.59
Costs to cover
0.058%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample
Sell Katana Perps no order-book sample
Vest and 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
Bluefin SOL-PERP−0.0788%1h119.30−0.007%$37K$17K25xas long as short
Derive SOL-PERP−0.0080%1h119.23−0.062%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.42+0.093%$847$8K25xas long as short
Vest SOL-PERPlong−0.0064%1h119.31long leg$722K20x
dYdX SOL-USD−0.0003%1h119.37+0.053%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.30−0.005%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.40+0.076%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.30−0.008%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.25−0.044%$120K$618K20xas long as short
Phoenix SOL+0.0054%1h119.20−0.089%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0057%1h119.27−0.030%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0065%8h119.32+0.008%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0069%8h119.27−0.029%$232.3M$44.5M75xas long as short
BingX SOL-USDC+0.0080%8h119.35+0.038%$10.5Mas long as short
01 Exchange SOLUSD+0.0088%1h119.37+0.054%$104K$153K20xas long as short
Lighter SOL+0.0096%1h119.33+0.017%$13.6M$55.0M25xas long as short
Lighter RH SOL+0.0096%1h119.31+0.007%$2.1M$16.7M25xas long as short
Gate SOL_USDT+0.0096%8h119.33+0.020%$870.0M$677.6M100xas long as short
Aevo SOL-PERP+0.0096%1h119.30−0.002%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.29−0.011%$1.0M$523K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h119.32+0.012%$46K$789K20x
Nado SOL-PERP+0.0100%1h119.40+0.075%$6.3M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.47+0.137%$720.8M$414.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.34+0.025%$178.6M$176.0M100xas long as short
Pacifica SOL+0.0100%1h119.36+0.043%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.35+0.033%$983.6M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.36+0.045%$825.0M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.32+0.012%$372.1M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.25−0.047%$234K$883K10xas long as short
Arcus SOL-USD+0.0100%1h119.39+0.073%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.15−0.129%$133.6M$9.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.33+0.020%$439.0M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.36+0.041%$140.8M$199.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.33+0.022%$496.1M$453.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.34+0.028%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.16−0.118%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.18−0.108%$95.7M$398.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.10−0.173%$48.7M$32.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.10−0.173%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.15−0.131%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.40+0.079%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27−0.032%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.40+0.077%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.29−0.013%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.25−0.047%$46.6M$102.0M50xas long as short
Extended SOL-USD+0.0104%1h119.31+0.004%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.32+0.014%$8.2M$415.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.35+0.041%$221.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.28−0.021%$32.6M$94.9M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0152%1h119.36+0.048%$26.8M$27.6M50xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.29−0.010%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.36+0.046%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.38+0.064%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.148%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.36+0.045%$52.2M$84.6M125xas long as short