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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.07 per $10,000 · paid last 24h +0.019%
Price spread now: Coinbase International against ApeX Omni−0.126%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as 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 7 days+0.295%+$29 on $10k
Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.126%, 7d avg +0.032%
Together, before fees+0.427%+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.158% cheaper against ApeX Omni than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.295%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT116.870.0100pay 0.0013% / 1h28m 51s$1.2M$6.7M50x
ShortCoinbase International SOL-PERP-INTX116.720.0048get 0.0006% / 1h28m 51s$7.6M$405.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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
−$10.92
Price spread: −0.126% → +0.032%
−$15.78
Slippage, 4 orders
−$1.57
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$48.26
Costs to cover
0.216%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, just now; Coinbase International: live order book, 5 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 ApeX Omni live order book, just now0.43 bp5.5 bp −$58.5 bp −$8566.5 bp −$6,645doesn't fit
Sell Coinbase International live order book, 5 min ago0.04 bp5.1 bp −$58.6 bp −$8614.7 bp −$1,469329.5 bp −$164.8K

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−0.0193%1h116.71−0.135%$31.0M$101.0M100xas long as short
Hibachi SOL/USDT-P−0.0168%1h116.82−0.044%$103K$699K20xas long as short
Vest SOL-PERP−0.0091%1h116.70−0.148%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.93+0.048%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.74−0.115%$42K150xas long as short
dYdX SOL-USD+0.0011%1h116.77−0.086%$4.4M$24.2M20xas long as short
Bybit SOLUSDT+0.0013%8h116.58−0.252%$758.5M$1.38B100xas long as short
Derive SOL-PERP+0.0032%1h116.65−0.192%$1.9M$2.9M13xas long as short
Coinbase International SOL-PERP-INTXshort+0.0048%1h116.72−0.126%$7.6M$405.2M50x
01 Exchange SOLUSD+0.0072%1h116.75−0.103%$99K$174K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0093%8h116.72−0.129%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.71−0.139%$13.1M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h116.70−0.145%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.71−0.136%$350K$246K20xas long as short
Bullet SOL-USD+0.0098%1h116.71−0.133%$147K$1.6M20xas long as short
Katana Perps SOL-USD+0.0099%8h116.69−0.154%$61K$895K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.76−0.095%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.74−0.111%$5.5M$40.2M40xas long as short
Hyperliquid SOL+0.0100%1h116.80−0.060%$705.1M$394.7M20xas long as short
Aster SOLUSDT+0.0100%8h116.68−0.165%$174.8M$183.2M100xas long as short
Pacifica SOL+0.0100%1h116.79−0.068%$15.8M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.69−0.153%$974.1M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.70−0.145%$366.8M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.79−0.068%$229K$842K10xas long as short
Arcus SOL-USD+0.0100%1h116.76−0.094%$922K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.75−0.102%$133.5M$19.9M20xas long as short
Gate SOL_USDT+0.0100%8h116.67−0.171%$852.6M$663.0M100xas long as short
MEXC SOL_USDT+0.0100%8h116.69−0.154%$367.1M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.67−0.170%$129.2M$223.2M75xas long as short
Bitget SOLUSDT+0.0100%8h116.67−0.168%$481.5M$444.5M100xas long as short
BingX SOL-USDT+0.0100%8h116.67−0.174%$365.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.67−0.171%$23.0M$39.8M50xas long as short
Variational Omni SOL+0.0100%8h116.79−0.065%$24.6M$113.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.77−0.086%$93.7M$400.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.90+0.026%$47.8M$30.8M20xas long as short
ApeX Omni SOLUSDTlong+0.0100%1h116.87long leg$1.2M$6.7M50x
StandX SOL-USD+0.0100%1h116.80−0.060%$1.3M$12.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.71−0.137%$321K$2.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.71−0.136%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.70−0.144%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.72−0.128%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.68−0.166%$226.1M$48.0M75xas long as short
Phemex SOLUSDT+0.0100%8h116.74−0.111%$45.7M$103.1M50xas long as short
Extended SOL-USD+0.0104%1h116.63−0.205%$8.3M$37.6M50xas long as short
Kalshi KXSOLPERP+0.0105%8h116.75−0.101%$1.5M$19.0M3.1xas long as short
Injective SOL/USDC PERP+0.0107%1h116.99+0.103%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.78−0.081%$231.6M500xas long as short
Phoenix SOL+0.0151%1h116.89+0.017%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0162%1h116.76−0.090%$26.3M$23.3M50xas long as short
Reya SOLRUSDPERP+0.0191%1h116.69−0.150%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.71−0.137%$52.0M$67.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.73−0.124%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.80−0.057%$138K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0541%1h116.86−0.006%$25K$51K20xas long as short
RISEx SOL/USDC+0.0561%1h116.82−0.046%$1.9M$4.8M20xas long as short