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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Bulk+0.494%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$33as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 7 days−0.509%−$51 · spread now +0.494%, 7d avg −0.057%
Together, before fees−0.505%+ Points / potential airdropExtended: Active · farm board−$50 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: Extended is 0.551% dearer against Bulk than usual: you sell high and buy low, +$55 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SOL-USD115.850.0100pay 0.0013% / 1h17m 45s$123.9M$22.0M20x
ShortExtended SOL-USD116.420.0104get 0.0013% / 1h17m 45s$8.0M$39.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bulk. 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
$0.84
Price spread: +0.494% → −0.057%
$55.08
Slippage, 4 orders
−$10.13
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$33.8
Costs to cover
0.221%
Break-even
from the start
Slippage from Bulk: live order book, 1 min ago; Extended: live order book, 1 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 Bulk live order book, 1 min ago4.30 bp7.8 bp −$87.8 bp −$787.8 bp −$78011.4 bp −$5,676
Sell Extended live order book, 1 min ago0.43 bp2.9 bp −$32.9 bp −$295.3 bp −$533doesn'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
Kraken Futures PF_SOLUSD−0.0240%1h116.49+0.549%$31.9M$102.9M100xas long as short
Hibachi SOL/USDT-P−0.0136%1h116.29+0.381%$104K$693K20xas long as short
BingX SOL-USDC−0.0112%8h116.48+0.544%$10.6Mas long as short
Bybit SOLUSDT−0.0107%8h116.53+0.587%$741.1M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.46+0.528%$1K$8K25xas long as short
Vest SOL-PERP−0.0056%1h116.44+0.507%$625K20xas long as short
Derive SOL-PERP−0.0015%1h116.41+0.482%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.48+0.547%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.50+0.561%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.48+0.544%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0009%1h116.49+0.548%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0032%1h116.49+0.551%$99K$177K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.49+0.554%$7.7M$405.4M50xas long as short
Bitget SOLUSDT+0.0064%8h116.54+0.593%$479.6M$460.2M100xas long as short
Orderly PERP_SOL_USDC+0.0096%8h116.50+0.557%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.48+0.542%$13.0M$61.3M25xas long as short
Lighter RH SOL+0.0096%1h116.50+0.558%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h116.48+0.540%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.41+0.482%$64K$912K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.59+0.639%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h116.46+0.523%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h116.58+0.629%$696.5M$406.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.53+0.586%$176.2M$176.8M100xas long as short
Pacifica SOL+0.0100%1h116.54+0.596%$15.7M$130.5M20xas long as short
Binance SOLUSDT+0.0100%8h116.52+0.577%$972.0M$3.89B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.56+0.611%$364.2M$1.75B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.40+0.473%$216K$878K10xas long as short
Arcus SOL-USD+0.0100%1h116.60+0.642%$913K$8.8M20xas long as short
Bulk SOL-USDlong+0.0100%1h115.85long leg$123.9M$22.0M20x
Gate SOL_USDT+0.0100%8h116.49+0.551%$842.2M$672.5M100xas long as short
MEXC SOL_USDT+0.0100%8h116.57+0.620%$355.0M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.48+0.542%$126.5M$230.4M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.50+0.560%$23.0M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h115.99+0.123%$24.8M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.07+0.185%$93.2M$407.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.84−0.010%$47.4M$30.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h115.75−0.085%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.23+0.327%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.46+0.525%$320K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.48+0.544%$147K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.46+0.526%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.49+0.548%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.48+0.542%$6.1M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h116.34+0.422%$225.3M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h116.46+0.525%$45.3M$105.1M50xas long as short
Extended SOL-USDshort+0.0104%1h116.42+0.494%$8.0M$39.3M50x
Deribit SOL_USDC-PERPETUAL+0.0105%1h116.52+0.577%$26.3M$22.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.49+0.550%$239.4M500xas long as short
Injective SOL/USDC PERP+0.0173%1h115.66−0.165%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.37+0.447%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h116.46+0.524%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.44+0.508%$51.7M$68.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.47+0.537%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h116.53+0.584%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0568%1h116.10+0.215%$25K$55K20xas long as short