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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Paradex against Bullet+0.034%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$190.189% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.542%−$54 · spread now +0.034%, 7d avg −0.042%
Together, before fees−0.536%+ Points / potential airdropParadex: Active · farm board−$54 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: Paradex is 0.076% dearer against Bullet than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD118.880.0100pay 0.0013% / 1h29m 35s$201K$1.7M20x
ShortParadex SOL-USD-PERP118.920.0100get 0.0100% / 8h7h 29m$1.0M$520K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bullet. 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
−$0.05
Price spread: +0.034% → −0.042%
$7.63
Slippage, 4 orders
−$6.89
Fee Bullet: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$11.31
Costs to cover
0.189%
Break-even
never at this rate
Slippage from Bullet: live order book, 5 min ago; Paradex: 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 Bullet live order book, 5 min ago0.34 bp5.8 bp −$68.6 bp −$86doesn't fitdoesn't fit
Sell Paradex live order book, 5 min ago1.85 bp3.8 bp −$49.5 bp −$95doesn't fitdoesn'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
Bluefin SOL-PERP−0.0102%1h118.91+0.029%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h118.95+0.059%$843$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.85−0.025%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.82−0.048%$2.0M$2.7M13xas long as short
HTX SOL-USDT−0.0024%8h118.86−0.015%$231.3M$44.1M75xas long as short
dYdX SOL-USD−0.0020%1h118.99+0.093%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.92+0.033%$32.4M$96.5M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.90+0.013%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.00+0.098%$1.2M$20.2M3.1xas long as short
Perpl SOL0.0000%43m118.92+0.032%$158K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h118.97+0.076%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0048%1h119.00+0.097%$101K$657K20xas long as short
Phemex SOLUSDT+0.0080%8h118.91+0.025%$46.6M$100.3M50xas long as short
BingX SOL-USDT+0.0080%8h118.94+0.053%$366.6Mas long as short
Orderly PERP_SOL_USDC+0.0081%8h118.92+0.029%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.95+0.057%$8.1M$410.3M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0088%1h118.96+0.064%$26.7M$24.8M50xas long as short
Lighter SOL+0.0096%1h118.91+0.022%$14.2M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h118.93+0.045%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.89+0.008%$348K$250K20xas long as short
Paradex SOL-USD-PERPshort+0.0100%8h118.92+0.034%$1.0M$520K50x
Katana Perps SOL-USD+0.0100%8h118.93+0.042%$47K$778K20xas long as short
Nado SOL-PERP+0.0100%1h118.90+0.021%$5.9M$40.8M40xas long as short
Hyperliquid SOL+0.0100%1h119.06+0.151%$721.6M$399.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.95+0.059%$179.3M$176.6M100xas long as short
Pacifica SOL+0.0100%1h118.97+0.072%$12.2M$124.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.91+0.028%$979.1M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.94+0.054%$823.9M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.95+0.059%$371.3M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.059%$233K$837K10xas long as short
Arcus SOL-USD+0.0100%1h118.97+0.078%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.80−0.067%$134.2M$6.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.93+0.042%$858.8M$665.5M100xas long as short
MEXC SOL_USDT+0.0100%8h118.92+0.034%$429.1M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.99+0.093%$138.2M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h118.93+0.039%$493.6M$440.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.99+0.093%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h118.98+0.081%$27.0M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h118.98+0.085%$95.6M$405.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.95+0.059%$48.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.98+0.088%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.86−0.017%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.87−0.008%$358K$2.4M20xas long as short
Bullet SOL-USDlong+0.0100%1h118.88long leg$201K$1.7M20x
SunX SOL-USDT+0.0100%8h118.89+0.008%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.89+0.008%$6.3M$10.8M20xas long as short
Extended SOL-USD+0.0104%1h118.91+0.029%$8.6M$35.2M50xas long as short
Phoenix SOL+0.0114%1h119.01+0.109%$6.5M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.89+0.009%$219.5M500xas long as short
RISEx SOL/USDC+0.0161%1h118.95+0.059%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.89+0.012%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0172%1h118.93+0.043%$25K$50K20xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.185%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0186%1h118.86−0.018%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.96+0.067%$51.9M$77.5M125xas long as short