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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h +0.164%
Price spread now: Injective against Extended−0.118%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Injective is 0.118% cheaper against Extended than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.016% in total) that is about 53 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD118.010.0104pay 0.0013% / 1h22m 54s$8.1M$36.2M50x
ShortInjective SOL/USDC PERP117.870.0222get 0.0028% / 1h22m 54s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Extended. 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
$24.72
Price spread: −0.118% → 0.000%
−$11.76
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$7.94
Costs to cover
0.050%
Break-even
4.8 days
Slippage unknown: Extended: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago0.42 bp2.9 bp −$32.9 bp −$296.3 bp −$626doesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 54 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%1h117.97−0.031%$923$8K25xas long as short
Vest SOL-PERP−0.0068%1h117.88−0.109%$607K20xas long as short
Derive SOL-PERP−0.0027%1h117.84−0.143%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0024%1h118.00−0.007%$101K$691K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.91−0.084%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.98−0.024%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.95−0.052%$1.4M$20.9M3.1xas long as short
Perpl SOL0.0000%43m117.95−0.051%$129K$3.9M8.3xas long as short
ApeX Omni SOLUSDT+0.0016%1h118.06+0.044%$1.5M$6.0M50xas long as short
RISEx SOL/USDC+0.0018%1h117.94−0.057%$2.0M$4.7M20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOL_USDT+0.0044%8h117.93−0.067%$853.2M$662.7M100xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.91−0.087%$31.6M$98.8M100xas long as short
HTX SOL-USDT+0.0051%8h117.92−0.072%$229.2M$45.5M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0059%1h117.95−0.047%$26.5M$25.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.94−0.062%$8.0M$410.1M50xas long as short
BingX SOL-USDT+0.0080%8h117.93−0.070%$368.8Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h117.92−0.079%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.91−0.080%$13.1M$60.0M25xas long as short
Lighter RH SOL+0.0096%1h117.90−0.089%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.94−0.058%$103K$159K20xas long as short
Aevo SOL-PERP+0.0096%1h117.91−0.084%$345K$258K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.98−0.023%$1.0M$519K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.90−0.092%$65K$854K20xas long as short
Nado SOL-PERP+0.0100%1h117.97−0.029%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.91−0.082%$177.1M$180.0M100xas long as short
Pacifica SOL+0.0100%1h117.99−0.015%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.98−0.024%$972.4M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h118.01+0.001%$822.8M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.99−0.016%$366.4M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.98−0.024%$239K$894K10xas long as short
Arcus SOL-USD+0.0100%1h117.95−0.051%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.00−0.008%$135.1M$14.3M20xas long as short
MEXC SOL_USDT+0.0100%8h118.04+0.027%$426.6M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.03+0.018%$131.7M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h118.03+0.018%$488.8M$440.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.92−0.075%$23.8M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h118.14+0.107%$24.5M$122.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.99−0.016%$94.8M$404.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.06+0.043%$48.4M$28.8M20xas long as short
StandX SOL-USD+0.0100%1h117.94−0.058%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.90−0.092%$354K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.91−0.084%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.93−0.069%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.97−0.036%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.91−0.084%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.94−0.058%$46.0M$101.4M50xas long as short
Phoenix SOL+0.0101%1h118.11+0.086%$6.5M$13.5M25xas long as short
Extended SOL-USDlong+0.0104%1h118.01long leg$8.1M$36.2M50x
Hyperliquid SOL+0.0107%1h118.03+0.018%$721.7M$399.9M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.92−0.075%$226.2M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.89−0.103%$1.1M$523K25xas long as short
Injective SOL/USDC PERPshort+0.0222%1h117.87−0.118%$4K$2K12x
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h117.91−0.088%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0332%1h117.96−0.039%$25K$51K20xas long as short