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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.015%
Price spread now: Katana Perps against ApeX Omni+0.017%54s7-day average −0.040% · 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 4 days (all we have)+0.170%+$17 on $10k
Price spread, last 7 days−0.104%−$10 · spread now +0.017%, 7d avg −0.040%
Together, before fees+0.066%+$7 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 0.057% dearer against ApeX Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.040%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT116.010.0100pay 0.0013% / 1h26m 37s$1.1M$6.6M50x
ShortKatana Perps SOL-USD116.030.0100get 0.0100% / 8h7h 26m$58K$906K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
−$0.04
Price spread: +0.017% → −0.040%
$5.69
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$8.16
Costs to cover
0.138%
Break-even
never at this rate
Slippage unknown: ApeX Omni: 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 ApeX Omni live order book, 2 min ago1.29 bp6.3 bp −$68.7 bp −$8769.2 bp −$6,919doesn'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%1h116.26+0.212%$1K$8K25xas long as short
Derive SOL-PERP−0.0065%1h115.82−0.160%$1.8M$2.9M13xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.01−0.004%$32.2M$104.9M100xas long as short
Bybit SOLUSDT−0.0019%8h116.01+0.002%$727.8M$1.38B100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.84−0.147%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.03+0.017%$4.3M$22.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.01−0.001%$1.4M$19.3M3.1xas long as short
Perpl SOL0.0000%43m115.99−0.020%$98K$3.3M8.3xas long as short
Vest SOL-PERP+0.0004%1h115.94−0.062%$641K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0008%1h116.04+0.023%$26.1M$21.3M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOLUSDT+0.0022%8h116.02+0.005%$479.2M$441.4M100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h116.02+0.012%$7.7M$388.2M50xas long as short
Aster SOLUSDT+0.0050%8h116.02+0.009%$176.0M$169.2M100xas long as short
Gate SOL_USDT+0.0054%8h116.02+0.009%$843.8M$614.7M100xas long as short
Orderly PERP_SOL_USDC+0.0066%8h115.95−0.047%$1.0M$5.7M100xas long as short
SoDEX SOL-USD+0.0073%1h115.98−0.026%$6.0M$11.1M20xas long as short
Lighter SOL+0.0096%1h116.01−0.001%$13.1M$56.3M25xas long as short
Lighter RH SOL+0.0096%1h116.02+0.004%$2.1M$14.9M25xas long as short
Aevo SOL-PERP+0.0096%1h115.91−0.086%$350K$248K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.00−0.010%$1.0M$553K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h116.03+0.017%$58K$906K20x
Nado SOL-PERP+0.0100%1h115.94−0.060%$5.4M$41.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.11+0.086%$697.0M$408.8M20xas long as short
Pacifica SOL+0.0100%1h116.07+0.053%$15.6M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.03+0.017%$956.8M$3.80B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.03+0.017%$364.7M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.07+0.052%$217K$843K10xas long as short
Arcus SOL-USD+0.0100%1h116.05+0.030%$945K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h116.03+0.017%$384.3M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.03+0.014%$129.3M$237.3M75xas long as short
BingX SOL-USDC+0.0100%8h115.99−0.016%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.99−0.017%$22.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h115.94−0.064%$24.8M$104.4Mas long as short
edgeX SOLUSDC+0.0100%4h115.95−0.052%$93.1M$405.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.95−0.048%$47.4M$27.6M20xas long as short
ApeX Omni SOLUSDTlong+0.0100%1h116.01long leg$1.1M$6.6M50x
StandX SOL-USD+0.0100%1h115.84−0.147%$1.3M$10.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h115.99−0.017%$317K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.01−0.001%$281K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h115.93−0.067%$188K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h115.96−0.042%$224.5M$50.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.03+0.017%$45.1M$102.8M50xas long as short
Bulk SOL-USD+0.0100%1h115.76−0.219%$125.0M$25.2M20xas long as short
Extended SOL-USD+0.0104%1h115.98−0.029%$8.1M$35.6M50xas long as short
01 Exchange SOLUSD+0.0104%1h116.10+0.078%$100K$184K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.01+0.001%$229.9M500xas long as short
Phoenix SOL+0.0124%1h116.010.000%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0144%1h115.87−0.117%$103K$677K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.284%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h115.94−0.063%$1.1M$543K25xas long as short
BloFin SOL-USDT+0.0220%8h115.98−0.026%$52.2M$62.0M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.00−0.009%$3.5M200xas long as short
Bluefin SOL-PERP+0.0339%1h115.96−0.041%$27K$36K25xas long as short
Aftermath Perps SOLUSD+0.0406%1h116.05+0.035%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.07+0.050%$2.1M$4.8M20xas long as short