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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.006%
Price spread now: Katana Perps against Jupiter Perps+0.079%7-day average −0.003% · you sell dearer than you buy
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 3 days (all we have)−0.011%−$1 on $10k
Price spread, last 3 days (all we have)+0.048%+$5 · spread now +0.079%, 7d avg −0.003%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Katana Perps is 0.082% dearer against Jupiter Perps than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.003%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps SOL-PERP119.31L +0.0120% / S +0.0048%pay 0.0015% / 1h11m 19s$221.7M500x
ShortKatana Perps SOL-USD119.400.0100get 0.0100% / 8h2h 11m$49K$785K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Jupiter Perps. 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
−$4.24
Price spread: +0.079% → −0.003%
$8.23
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$11.81
Costs to cover
0.158%
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; Katana Perps: 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 Jupiter Perps no order-book sample
Sell Katana Perps no order-book sample
Jupiter Perps and Katana Perps: 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 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
Injective SOL/USDC PERP−0.0151%1h119.15−0.131%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27−0.028%$846$8K25xas long as short
Vest SOL-PERP−0.0071%1h119.32+0.011%$724K20xas long as short
Derive SOL-PERP−0.0056%1h119.21−0.081%$2.0M$3.1M13xas long as short
dYdX SOL-USD−0.0007%1h119.34+0.029%$4.9M$27.1M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.39+0.070%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.41+0.091%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.36+0.045%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0028%1h119.43+0.105%$26.8M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0039%1h119.48+0.150%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0052%8h119.32+0.008%$232.4M$44.7M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.38+0.065%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.31+0.006%$120K$633K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.43+0.104%$105K$151K20xas long as short
BingX SOL-USDT+0.0080%8h119.39+0.070%$374.2Mas long as short
Gate SOL_USDT+0.0089%8h119.37+0.054%$871.0M$688.3M100xas long as short
Lighter SOL+0.0096%1h119.35+0.036%$13.7M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.33+0.017%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.35+0.037%$354K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.35+0.034%$1.0M$523K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h119.40+0.079%$49K$785K20x
Nado SOL-PERP+0.0100%1h119.38+0.062%$6.3M$41.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.47+0.138%$721.0M$415.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.36+0.047%$179.7M$176.1M100xas long as short
Pacifica SOL+0.0100%1h119.40+0.075%$12.4M$115.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.38+0.062%$977.3M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h119.39+0.071%$825.3M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.35+0.037%$372.0M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.28−0.022%$234K$868K10xas long as short
Arcus SOL-USD+0.0100%1h119.44+0.109%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.25−0.047%$133.7M$10.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.39+0.070%$432.6M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.40+0.076%$140.8M$197.9M75xas long as short
Bitget SOLUSDT+0.0100%8h119.36+0.044%$497.9M$453.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.29−0.013%$24.3M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.47+0.137%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.43+0.106%$95.9M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.33+0.020%$48.8M$33.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.38+0.065%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.36+0.045%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.38+0.062%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.38+0.064%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.38+0.060%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.38+0.059%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.34+0.029%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.38+0.062%$46.6M$101.7M50xas long as short
Extended SOL-USD+0.0104%1h119.34+0.030%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.40+0.078%$8.2M$417.2M50xas long as short
Jupiter Perps SOL-PERPlongL +0.0120% / S +0.0048%1h119.31long leg$221.7M500x
Phoenix SOL+0.0154%1h119.39+0.070%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0090%1h119.40+0.076%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.44+0.111%$1.6M$6.0M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.38+0.061%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h119.37+0.054%$52.0M$86.8M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.37+0.056%$35.5M$91.2M100xas long as short