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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.027%
Price spread now: Polymarket Perps against ApeX Omni−0.060%63s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.213% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.250%+$25 on $10k
Price spread, last 7 days+0.085%+$8 · spread now −0.060%, 7d avg +0.008%
Together, before fees+0.334%+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.068% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.008%). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$3 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT118.060.0016pay 0.0002% / 1h22m 09s$1.5M$6.0M50x
ShortPolymarket Perps SOL-USD117.990.0100get 0.0013% / 1h22m 09s$355K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
$17.67
Price spread: −0.060% → +0.008%
−$6.76
Slippage, 4 orders
−$3.26
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$10.35
Costs to cover
0.213%
Break-even
11.1 days
Slippage from ApeX Omni: live order book, 2 min ago; Polymarket Perps: live order book, 2 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, 2 min ago0.85 bp5.8 bp −$69.0 bp −$9071.7 bp −$7,170doesn't fit
Sell Polymarket Perps live order book, 2 min ago0.42 bp4.4 bp −$46.0 bp −$60doesn't fitdoesn't fit

SOL on 54 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%1h117.97−0.075%$923$8K25xas long as short
Vest SOL-PERP−0.0067%1h117.94−0.103%$607K20xas long as short
Derive SOL-PERP−0.0027%1h117.85−0.182%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0024%1h118.00−0.052%$101K$691K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.92−0.119%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.00−0.053%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.99−0.058%$1.4M$20.9M3.1xas long as short
Perpl SOL0.0000%43m118.01−0.042%$129K$3.9M8.3xas long as short
ApeX Omni SOLUSDTlong+0.0016%1h118.06long leg$1.5M$6.0M50x
RISEx SOL/USDC+0.0018%1h117.99−0.058%$2.0M$4.7M20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0037%1h117.94−0.099%$26.5M$25.5M50xas long as short
Gate SOL_USDT+0.0047%8h117.86−0.170%$852.6M$662.8M100xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.88−0.154%$31.6M$98.8M100xas long as short
HTX SOL-USDT+0.0053%8h117.83−0.196%$229.1M$45.5M75xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.89−0.147%$8.0M$409.9M50xas long as short
BingX SOL-USDC+0.0080%8h117.87−0.163%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h117.92−0.115%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.90−0.139%$13.1M$60.0M25xas long as short
Lighter RH SOL+0.0096%1h117.86−0.169%$2.1M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.99−0.060%$104K$159K20xas long as short
Aevo SOL-PERP+0.0096%1h117.92−0.119%$346K$258K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.03−0.025%$1.0M$519K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.92−0.119%$65K$855K20xas long as short
Nado SOL-PERP+0.0100%1h118.00−0.056%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.91−0.129%$177.1M$179.8M100xas long as short
Pacifica SOL+0.0100%1h118.03−0.024%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.83−0.193%$971.2M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h117.82−0.208%$821.4M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.76−0.255%$366.3M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.98−0.069%$239K$894K10xas long as short
Arcus SOL-USD+0.0100%1h118.00−0.053%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.00−0.052%$135.1M$14.3M20xas long as short
MEXC SOL_USDT+0.0100%8h117.86−0.170%$426.0M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.91−0.127%$131.6M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.85−0.182%$488.1M$440.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.88−0.153%$23.8M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h118.14+0.063%$24.5M$122.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.99−0.061%$94.8M$404.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.06−0.001%$48.4M$28.8M20xas long as short
StandX SOL-USD+0.0100%1h117.94−0.102%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USDshort+0.0100%1h117.99−0.060%$355K$2.4M20x
Bullet SOL-USD+0.0100%1h117.97−0.080%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.92−0.118%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.01−0.047%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.89−0.145%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.89−0.145%$45.9M$101.4M50xas long as short
Phoenix SOL+0.0101%1h118.11+0.042%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.88−0.153%$8.1M$36.2M50xas long as short
Hyperliquid SOL+0.0106%1h117.96−0.086%$721.3M$399.9M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.00−0.055%$226.2M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.97−0.075%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87−0.162%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h117.94−0.102%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0335%1h117.98−0.070%$25K$51K20xas long as short