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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0162%/8h= +17.7% APRnext payment +$0.20 per $10,000 · paid last 24h +0.170%
Price spread now: Injective against 01 Exchange−0.170%104s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 0.170% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.170% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 3.5 days of funding at the current rate (+$5 a day). The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD117.580.0056pay 0.0007% / 1h33m 32s$100K$163K20x
ShortInjective SOL/USDC PERP117.380.0218get 0.0027% / 1h33m 32s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against 01 Exchange. 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
$33.92
Price spread: −0.170% → 0.000%
−$17.01
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$9.89
Costs to cover
0.070%
Break-even
5.0 days
Slippage unknown: 01 Exchange: live order book, 31 min ago; Injective: 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 01 Exchange live order book, 31 min ago0.43 bp6.5 bp −$711.0 bp −$110doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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%1h117.60+0.019%$920$8K25xas long as short
Vest SOL-PERP−0.0062%1h117.51−0.061%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.47−0.092%$31.6M$98.4M100xas long as short
Derive SOL-PERP−0.0010%1h117.38−0.171%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.44−0.119%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.51−0.063%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.46−0.099%$1.4M$19.3M3.1xas long as short
01 Exchange SOLUSDlong+0.0056%1h117.58long leg$100K$163K20x
Hibachi SOL/USDT-P+0.0064%1h117.50−0.071%$104K$695K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h117.49−0.075%$8.0M$403.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0068%1h117.50−0.065%$26.4M$24.9M50xas long as short
BingX SOL-USDT+0.0072%8h117.58−0.002%$362.8Mas long as short
HTX SOL-USDT+0.0078%8h117.39−0.160%$228.0M$45.5M75xas long as short
Orderly PERP_SOL_USDC+0.0089%8h117.46−0.100%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.54−0.037%$13.1M$59.3M25xas long as short
Lighter RH SOL+0.0096%1h117.52−0.053%$2.1M$16.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.46−0.103%$344K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.53−0.043%$65K$839K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.61+0.026%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.51−0.060%$5.8M$39.1M40xas long as short
Aster SOLUSDT+0.0100%8h117.55−0.027%$176.3M$178.9M100xas long as short
Pacifica SOL+0.0100%1h117.59+0.012%$14.5M$128.2M20xas long as short
Binance SOLUSDT+0.0100%8h117.580.000%$967.2M$3.72B100xas long as short
Bybit SOLUSDT+0.0100%8h117.60+0.017%$825.3M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.59+0.009%$366.6M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.51−0.060%$237K$852K10xas long as short
Arcus SOL-USD+0.0100%1h117.57−0.010%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.44−0.117%$135.1M$16.1M20xas long as short
Gate SOL_USDT+0.0100%8h117.56−0.017%$858.9M$649.0M100xas long as short
MEXC SOL_USDT+0.0100%8h117.57−0.009%$426.1M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.54−0.037%$129.9M$212.4M75xas long as short
Bitget SOLUSDT+0.0100%8h117.56−0.014%$487.2M$432.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.48−0.085%$23.6M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.44−0.117%$24.3M$116.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.39−0.163%$94.3M$399.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.46−0.099%$48.1M$28.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.45−0.108%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.42−0.136%$1.3M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.42−0.136%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.44−0.120%$199K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.42−0.132%$25K$28K25xas long as short
SunX SOL-USDT+0.0100%8h117.45−0.110%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.47−0.094%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.48−0.085%$45.7M$100.2M50xas long as short
Extended SOL-USD+0.0104%1h117.55−0.028%$8.2M$36.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.46−0.102%$218.8M500xas long as short
Phoenix SOL+0.0129%1h117.52−0.051%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.66+0.064%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0169%1h117.63+0.043%$718.7M$392.2M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.41−0.141%$1.1M$526K25xas long as short
Injective SOL/USDC PERPshort+0.0218%1h117.38−0.170%$4K$2K12x
BloFin SOL-USDT+0.0220%8h117.48−0.085%$51.8M$71.3M125xas long as short
Perpl SOL+0.0223%43m117.41−0.142%$127K$3.8M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.43−0.127%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0390%1h117.41−0.148%$25K$51K20xas long as short