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+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.002%
Price spread now: Arcus against Coinbase International0.000%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.168% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now 0.000%, 7d avg +0.020%
Together, before fees+0.054%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX116.420.0048pay 0.0006% / 1h34m 32s$8.0M$403.8M50x
ShortArcus SOL-USD116.420.0100get 0.0013% / 1h34m 32s$899K$8.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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
$10.92
Price spread: 0.000% → +0.020%
−$1.99
Slippage, 4 orders
−$2.31
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$7.88
Costs to cover
0.168%
Break-even
12.1 days
Slippage from Coinbase International: live order book, 5 min ago; Arcus: 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 Coinbase International live order book, 5 min ago0.04 bp5.2 bp −$57.9 bp −$7917.9 bp −$1,791doesn't fit
Sell Arcus live order book, 5 min ago0.51 bp3.1 bp −$33.3 bp −$335.3 bp −$529doesn'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
Hibachi SOL/USDT-P−0.0136%1h116.39−0.024%$96K$688K20xas long as short
Bybit SOLUSDT−0.0116%8h116.35−0.057%$739.9M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.42−0.003%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.43+0.008%$33.0M$105.3M100xas long as short
Derive SOL-PERP−0.0053%1h116.33−0.078%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0019%1h116.37−0.045%$628K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.40−0.014%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.43+0.011%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.43+0.008%$110K$3.6M8.3xas long as short
dYdX SOL-USD+0.0017%1h116.41−0.007%$4.3M$23.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOL+0.0024%1h116.38−0.033%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0040%1h116.44+0.019%$100K$177K20xas long as short
Bitget SOLUSDT+0.0046%8h116.39−0.021%$479.4M$461.0M100xas long as short
Coinbase International SOL-PERP-INTXlong+0.0048%1h116.42long leg$8.0M$403.8M50x
Aster SOLUSDT+0.0085%8h116.39−0.024%$175.7M$173.6M100xas long as short
SoDEX SOL-USD+0.0088%1h116.38−0.033%$6.1M$10.9M20xas long as short
Orderly PERP_SOL_USDC+0.0089%8h116.38−0.033%$1.0M$6.0M100xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.43+0.008%$1.0M$551K50xas long as short
Lighter SOL+0.0096%1h116.41−0.010%$13.1M$60.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.40−0.019%$351K$252K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.38−0.033%$64K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.35−0.059%$5.5M$41.1M40xas long as short
Hyperliquid SOL+0.0100%1h116.50+0.070%$697.2M$409.2M20xas long as short
Pacifica SOL+0.0100%1h116.44+0.018%$15.7M$130.5M20xas long as short
Binance SOLUSDT+0.0100%8h116.41−0.007%$966.5M$3.89B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.36−0.050%$367.9M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.39−0.024%$216K$884K10xas long as short
Arcus SOL-USDshort+0.0100%1h116.420.000%$899K$8.7M20x
Gate SOL_USDT+0.0100%8h116.39−0.024%$843.0M$667.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.41−0.007%$361.6M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.39−0.021%$129.7M$232.8M75xas long as short
BingX SOL-USDC+0.0100%8h116.36−0.052%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.40−0.015%$23.0M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.35−0.054%$24.9M$111.1Mas long as short
edgeX SOLUSDC+0.0100%4h116.44+0.017%$93.5M$410.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.41−0.010%$47.6M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.52+0.088%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.41−0.007%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.36−0.050%$312K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.38−0.035%$237K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.39−0.026%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.36−0.046%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.36−0.047%$225.4M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.39−0.024%$45.3M$105.4M50xas long as short
Bulk SOL-USD+0.0100%1h116.55+0.113%$124.9M$24.9M20xas long as short
Extended SOL-USD+0.0104%1h116.36−0.054%$8.0M$39.0M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0108%1h116.46+0.039%$26.4M$21.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.42−0.001%$237.1M500xas long as short
Injective SOL/USDC PERP+0.0176%1h116.50+0.070%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.55+0.113%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.36−0.052%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.38−0.033%$52.1M$67.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.41−0.004%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.48+0.056%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0497%1h116.49+0.066%$25K$56K20xas long as short