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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Coinbase International+0.081%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 3 days (all we have)−0.076%−$8 · spread now +0.081%, 7d avg −0.055%
Together, before fees−0.062%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Extended is 0.136% dearer against Coinbase International than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX119.290.0088pay 0.0011% / 1h9m 39s$8.1M$410.3M50x
ShortExtended SOL-USD119.390.0104get 0.0013% / 1h9m 39s$8.6M$34.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$3.36
Price spread: +0.081% → −0.055%
$13.56
Slippage, 4 orders
−$5.72
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$3.8
Costs to cover
0.207%
Break-even
14.9 days
Slippage from Coinbase International: live order book, 5 min ago; Extended: live order book, 4 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 bp6.5 bp −$69.4 bp −$9417.4 bp −$1,744doesn't fit
Sell Extended live order book, 4 min ago0.42 bp2.9 bp −$32.9 bp −$295.2 bp −$522doesn'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
Derive SOL-PERP−0.0082%1h119.26−0.031%$2.0M$2.7M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.36+0.061%$933$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.30+0.008%$608K20xas long as short
Hibachi SOL/USDT-P−0.0040%1h119.30+0.004%$109K$670K20xas long as short
HTX SOL-USDT−0.0027%8h119.19−0.089%$231.9M$43.9M75xas long as short
dYdX SOL-USD−0.0018%1h119.40+0.091%$4.9M$25.5M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.25−0.035%$32.4M$97.0M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.39+0.085%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.40+0.088%$1.2M$20.0M3.1xas long as short
Perpl SOL0.0000%43m119.38+0.071%$125K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0020%1h119.28−0.008%$26.7M$24.8M50xas long as short
01 Exchange SOLUSD+0.0032%1h119.41+0.099%$104K$160K20xas long as short
Gate SOL_USDT+0.0074%8h119.43+0.116%$857.5M$672.9M100xas long as short
BingX SOL-USDC+0.0080%8h119.36+0.060%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h119.35+0.049%$1.1M$5.9M100xas long as short
Coinbase International SOL-PERP-INTXlong+0.0088%1h119.29long leg$8.1M$410.3M50x
ApeX Omni SOLUSDT+0.0090%1h119.16−0.111%$1.5M$6.0M50xas long as short
Bluefin SOL-PERP+0.0092%1h119.34+0.039%$37K$17K25xas long as short
Lighter SOL+0.0096%1h119.36+0.055%$13.7M$57.2M25xas long as short
Lighter RH SOL+0.0096%1h119.34+0.044%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.30+0.008%$350K$253K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.40+0.092%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.37+0.065%$46K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.39+0.084%$6.2M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.49+0.166%$731.8M$394.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.39+0.082%$180.5M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.40+0.091%$12.3M$125.6M20xas long as short
Binance SOLUSDT+0.0100%8h119.40+0.091%$983.2M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h119.43+0.116%$829.9M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.39+0.082%$373.1M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.38+0.074%$234K$834K10xas long as short
Arcus SOL-USD+0.0100%1h119.30+0.008%$2.1M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.76−0.448%$137.0M$12.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.41+0.099%$434.7M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.38+0.077%$139.3M$203.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.42+0.107%$495.6M$438.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.32+0.023%$24.1M$36.7M50xas long as short
Variational Omni SOL+0.0100%8h119.19−0.089%$24.9M$130.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.20−0.081%$95.7M$400.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.13−0.133%$48.8M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h119.20−0.077%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.39+0.082%$361K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.38+0.073%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.36+0.059%$194K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24−0.044%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.32+0.023%$46.7M$99.4M50xas long as short
Extended SOL-USDshort+0.0104%1h119.39+0.081%$8.6M$34.9M50x
Phoenix SOL+0.0114%1h119.28−0.010%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.17−0.104%$225.6M500xas long as short
RISEx SOL/USDC+0.0161%1h119.41+0.099%$1.8M$4.5M20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.236%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h119.37+0.069%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.15−0.119%$51.9M$74.3M125xas long as short
Aftermath Perps SOLUSD+0.0222%1h119.24−0.042%$25K$51K20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h119.40+0.089%$3.7M200xas long as short