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+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against 01 Exchange+0.051%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$220.216% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.525%−$52 · spread now +0.051%, 7d avg −0.040%
Together, before fees−0.552%−$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.091% dearer against 01 Exchange than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD117.010.0064pay 0.0008% / 1h5m 36s$99K$166K20x
ShortSoDEX SOL-USD117.070.0100get 0.0013% / 1h5m 36s$6.2M$10.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$7.56
Price spread: +0.051% → −0.040%
$9.14
Slippage, 4 orders
−$6.62
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$4.91
Costs to cover
0.216%
Break-even
11.5 days
Slippage from 01 Exchange: live order book, 58 min ago; SoDEX: live order book, 4 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 01 Exchange live order book, 58 min ago0.43 bp6.5 bp −$711.0 bp −$110doesn't fitdoesn't fit
Sell SoDEX live order book, 4 min ago0.43 bp4.4 bp −$44.7 bp −$4717.0 bp −$1,696doesn't fit

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%1h117.10+0.080%$916$8K25xas long as short
Vest SOL-PERP−0.0074%1h116.96−0.040%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.07+0.052%$31.4M$98.7M100xas long as short
Bluefin SOL-PERP−0.0037%1h117.09+0.072%$25K$28K25xas long as short
Derive SOL-PERP−0.0010%1h117.03+0.013%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.19+0.153%$57K150xas long as short
dYdX SOL-USD0.0000%1h116.80−0.181%$4.5M$24.1M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0014%1h117.11+0.086%$26.4M$25.0M50xas long as short
Hibachi SOL/USDT-P+0.0032%1h117.51+0.424%$104K$695K20xas long as short
01 Exchange SOLUSDlong+0.0064%1h117.01long leg$99K$166K20x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.06+0.045%$7.8M$402.0M50xas long as short
Orderly PERP_SOL_USDC+0.0090%8h117.11+0.087%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.75−0.220%$13.1M$60.3M25xas long as short
Lighter RH SOL+0.0096%1h116.76−0.216%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h117.07+0.055%$343K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.93−0.068%$63K$848K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.82−0.164%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.00−0.009%$5.8M$39.0M40xas long as short
Aster SOLUSDT+0.0100%8h116.88−0.110%$175.9M$181.1M100xas long as short
Pacifica SOL+0.0100%1h116.80−0.178%$14.4M$128.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.98−0.026%$963.9M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h116.96−0.043%$812.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.99−0.017%$363.7M$1.64B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.91−0.085%$234K$847K10xas long as short
Arcus SOL-USD+0.0100%1h116.93−0.068%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.96+0.816%$136.3M$17.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.85−0.137%$851.5M$657.0M100xas long as short
MEXC SOL_USDT+0.0100%8h116.82−0.162%$419.9M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.78−0.201%$129.7M$212.9M75xas long as short
Bitget SOLUSDT+0.0100%8h116.96−0.041%$485.5M$432.4M100xas long as short
BingX SOL-USDT+0.0100%8h116.89−0.100%$363.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.99−0.017%$23.5M$37.4M50xas long as short
Variational Omni SOL+0.0100%8h117.16+0.130%$24.7M$115.3Mas long as short
edgeX SOLUSDC+0.0100%4h117.50+0.422%$94.4M$392.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.66+0.556%$48.2M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.69+0.581%$1.7M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h117.50+0.419%$1.3M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.96−0.043%$351K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.23+0.190%$199K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h117.10+0.080%$190K$1.8M30xas long as short
SoDEX SOL-USDshort+0.0100%1h117.07+0.051%$6.2M$10.7M20x
HTX SOL-USDT+0.0100%8h117.05+0.034%$227.3M$45.5M75xas long as short
Phemex SOLUSDT+0.0100%8h117.09+0.068%$45.8M$100.6M50xas long as short
Kalshi KXSOLPERP+0.0102%8h117.35+0.288%$1.4M$18.5M3.1xas long as short
Extended SOL-USD+0.0104%1h116.81−0.175%$8.1M$36.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.29+0.238%$215.4M500xas long as short
Phoenix SOL+0.0129%1h117.99+0.838%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.03+0.014%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0164%1h116.95−0.051%$714.5M$389.0M20xas long as short
Reya SOLRUSDPERP+0.0190%1h116.95−0.052%$1.1M$537K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.56+0.470%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.45+0.376%$51.7M$71.4M125xas long as short
Perpl SOL+0.0223%43m117.25+0.208%$131K$3.7M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.22+0.180%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0411%1h117.68+0.569%$25K$50K20xas long as short