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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.043%
Price spread now: RISEx against Bullet+0.093%48s7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.197% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.086%+$9 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.093%, 7d avg −0.026%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and RISEx is 0.119% dearer against Bullet than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.026%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD119.070.0100pay 0.0013% / 1h26m 35s$201K$1.7M20x
ShortRISEx SOL/USDC119.180.0161get 0.0020% / 1h26m 35s$1.8M$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$12.82
Price spread: +0.093% → −0.026%
$11.88
Slippage, 4 orders
−$5.68
Fee Bullet: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$5.03
Costs to cover
0.197%
Break-even
4.3 days
Slippage from Bullet: live order book, 3 min ago; RISEx: 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 Bullet live order book, 3 min ago0.04 bp6.5 bp −$710.2 bp −$102doesn't fitdoesn't fit
Sell RISEx live order book, 2 min ago0.04 bp3.5 bp −$37.3 bp −$73doesn'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
Hotstuff SOL-PERP−0.0080%1h119.03−0.031%$844$8K25xas long as short
Vest SOL-PERP−0.0077%1h119.10+0.032%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.96−0.092%$2.0M$2.7M13xas long as short
Bluefin SOL-PERP−0.0056%1h119.06−0.008%$37K$17K25xas long as short
dYdX SOL-USD−0.0020%1h119.14+0.062%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.05−0.012%$32.4M$96.5M100xas long as short
HTX SOL-USDT−0.0005%8h119.00−0.053%$231.5M$43.9M75xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.06−0.008%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.04−0.019%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.06−0.007%$154K$3.8M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.19+0.104%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0032%1h119.09+0.017%$101K$657K20xas long as short
Phemex SOLUSDT+0.0046%8h119.07+0.003%$46.6M$99.9M50xas long as short
BingX SOL-USDC+0.0080%8h119.16+0.079%$10.5Mas long as short
Orderly PERP_SOL_USDC+0.0082%8h119.05−0.015%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.08+0.013%$8.1M$410.3M50xas long as short
Lighter SOL+0.0096%1h119.13+0.057%$14.2M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.11+0.039%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.05−0.012%$349K$249K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.20+0.113%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.16+0.079%$45K$782K20xas long as short
Nado SOL-PERP+0.0100%1h119.14+0.066%$5.9M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.23+0.138%$723.0M$399.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.17+0.087%$179.8M$176.8M100xas long as short
Pacifica SOL+0.0100%1h119.20+0.111%$12.2M$124.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.19+0.104%$981.4M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.22+0.129%$825.7M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.17+0.087%$371.4M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.03−0.030%$233K$834K10xas long as short
Arcus SOL-USD+0.0100%1h119.12+0.046%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.07+0.004%$136.4M$9.7M20xas long as short
Gate SOL_USDT+0.0100%8h119.14+0.062%$854.7M$666.6M100xas long as short
MEXC SOL_USDT+0.0100%8h119.15+0.071%$432.6M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.13+0.050%$138.5M$202.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.19+0.102%$494.7M$440.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.07+0.003%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h118.98−0.075%$27.0M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h118.93−0.117%$95.5M$401.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.95−0.097%$48.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.93−0.114%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h119.06−0.005%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.07+0.003%$358K$2.4M20xas long as short
Bullet SOL-USDlong+0.0100%1h119.07long leg$201K$1.7M20x
SunX SOL-USDT+0.0100%8h118.97−0.081%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.04−0.022%$6.3M$10.8M20xas long as short
Extended SOL-USD+0.0104%1h119.17+0.084%$8.6M$35.0M50xas long as short
Phoenix SOL+0.0114%1h119.19+0.104%$6.6M$13.6M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0118%1h119.10+0.028%$26.7M$24.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.11+0.034%$219.2M500xas long as short
RISEx SOL/USDCshort+0.0161%1h119.18+0.093%$1.8M$4.5M20x
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.06−0.007%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.047%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0176%1h119.02−0.038%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h119.06−0.006%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.05−0.013%$51.9M$76.3M125xas long as short