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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.002%
Price spread now: 01 Exchange against Coinbase International−0.009%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.009%, 7d avg +0.014%
Together, before fees+0.245%+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.024% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX116.550.0064pay 0.0008% / 1h41m 07s$7.5M$404.3M50x
Short01 Exchange SOLUSD116.540.0032get 0.0004% / 1h41m 07s$99K$169K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$6.72
Price spread: −0.009% → +0.014%
−$2.36
Slippage, 4 orders
−$22.74
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$48.81
Costs to cover
0.397%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; 01 Exchange: live order book, 18 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, 3 min ago0.04 bp5.3 bp −$57.1 bp −$7114.0 bp −$1,403doesn't fit
Sell 01 Exchange live order book, 18 min ago0.86 bp14.6 bp −$1521.2 bp −$212doesn'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
Vest SOL-PERP−0.0090%1h116.45−0.084%$602K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.50−0.044%$911$8K25xas long as short
Hibachi SOL/USDT-P−0.0056%1h116.59+0.034%$103K$700K20xas long as short
Derive SOL-PERP−0.0016%1h116.47−0.073%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.54−0.009%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.51−0.039%$1.4M$18.7M3.1xas long as short
dYdX SOL-USD0.0000%1h116.46−0.081%$4.4M$24.2M20xas long as short
01 Exchange SOLUSDshort+0.0032%1h116.54−0.009%$99K$169K20x
Coinbase International SOL-PERP-INTXlong+0.0064%1h116.55long leg$7.5M$404.3M50x
Kraken Futures PF_SOLUSD+0.0075%1h116.56+0.012%$31.0M$100.4M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0091%8h116.55−0.001%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.57+0.014%$13.1M$59.8M25xas long as short
Lighter RH SOL+0.0096%1h116.55+0.001%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.56+0.006%$342K$236K20xas long as short
Katana Perps SOL-USD+0.0098%8h116.47−0.069%$50K$866K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.57+0.016%$988K$534K50xas long as short
Nado SOL-PERP+0.0100%1h116.49−0.050%$5.4M$39.5M40xas long as short
Hyperliquid SOL+0.0100%1h116.66+0.094%$705.8M$395.8M20xas long as short
Aster SOLUSDT+0.0100%8h116.54−0.009%$175.1M$182.0M100xas long as short
Pacifica SOL+0.0100%1h116.54−0.012%$15.7M$129.8M20xas long as short
Binance SOLUSDT+0.0100%8h116.57+0.016%$964.9M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h116.52−0.027%$785.5M$1.34B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.61+0.051%$367.0M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.43−0.104%$230K$846K10xas long as short
Arcus SOL-USD+0.0100%1h116.48−0.058%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.65+0.085%$133.5M$20.6M20xas long as short
Gate SOL_USDT+0.0100%8h116.60+0.042%$846.1M$656.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.58+0.025%$418.4M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.53−0.015%$126.3M$217.1M75xas long as short
Bitget SOLUSDT+0.0100%8h116.58+0.022%$479.0M$441.8M100xas long as short
BingX SOL-USDT+0.0100%8h116.57+0.018%$364.9Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.56+0.008%$23.5M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h116.49−0.049%$24.4M$114.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.67+0.099%$93.7M$396.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.62+0.059%$47.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.67+0.106%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.60+0.042%$1.3M$13.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.48−0.061%$322K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.51−0.033%$149K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.52−0.024%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.52−0.027%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.55−0.001%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.47−0.073%$226.0M$46.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.54−0.009%$45.6M$101.6M50xas long as short
Extended SOL-USD+0.0104%1h116.49−0.049%$7.9M$36.6M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.52−0.031%$228.5M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.56+0.008%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.52−0.027%$6.5M$13.4M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0164%1h116.61+0.048%$26.3M$25.3M50xas long as short
Reya SOLRUSDPERP+0.0190%1h116.46−0.080%$1.1M$539K25xas long as short
BloFin SOL-USDT+0.0220%8h116.57+0.016%$51.7M$72.0M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.53−0.021%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.53−0.016%$140K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0516%1h116.61+0.052%$25K$51K20xas long as short
RISEx SOL/USDC+0.0559%1h116.58+0.026%$1.9M$4.9M20xas long as short