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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.08 per $10,000 · paid last 24h −0.027%
Price spread now: Kraken Futures against Jupiter Perps−0.115%7-day average −0.003% · 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 4 days (all we have)−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.244%−$24 · spread now −0.115%, 7d avg −0.003%
Together, before fees−0.277%−$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.112% cheaper against Jupiter Perps than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of −0.003%). If the spread goes back, that is −$11 on $10k: about 5.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps SOL-PERP117.37L +0.0120% / S +0.0048%pay 0.0015% / 1h57m 49s$214.7M500x
ShortKraken Futures PF_SOLUSD117.240.0185get 0.0023% / 1h57m 49s$32.4M$98.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$13.6
Price spread: −0.115% → −0.003%
−$11.23
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$19.63
Costs to cover
0.220%
Break-even
17.1 days
Slippage unknown: Jupiter Perps: no order-book sample; Kraken Futures: live order book, 1 min ago. 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 Kraken Futures live order book, 1 min ago0.43 bp7.6 bp −$89.5 bp −$9514.4 bp −$1,44225.7 bp −$12.8K
Jupiter 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 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%1h117.52+0.127%$1K$8K25xas long as short
SoDEX SOL-USD−0.0053%1h117.18−0.163%$6.2M$11.1M20xas long as short
Bybit SOLUSDT−0.0053%8h117.20−0.146%$732.9M$1.31B100xas long as short
Vest SOL-PERP−0.0008%1h117.29−0.071%$288K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.56+0.158%$40K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.31−0.056%$1.3M$17.7M3.1xas long as short
Perpl SOL0.0000%43m117.29−0.068%$99K$2.9M8.3xas long as short
Bitget SOLUSDT+0.0024%8h117.20−0.149%$483.4M$425.2M100xas long as short
Phemex SOLUSDT+0.0031%8h117.25−0.103%$45.6M$101.6M50xas long as short
Injective SOL/USDC PERP+0.0033%1h116.34−0.879%$4K$12012xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0038%1h117.28−0.075%$26.4M$20.1M50xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h117.21−0.137%$8.1M$384.0M50xas long as short
01 Exchange SOLUSD+0.0048%1h117.31−0.052%$101K$182K20xas long as short
Aster SOLUSDT+0.0050%8h117.19−0.151%$178.2M$162.6M100xas long as short
Orderly PERP_SOL_USDC+0.0063%8h117.25−0.103%$1.0M$5.5M100xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.56+0.157%$98K$654K20xas long as short
dYdX SOL-USD+0.0085%1h117.32−0.046%$8.1M$19.8M20xas long as short
Lighter RH SOL+0.0088%1h117.19−0.159%$2.2M$13.4M25xas long as short
Lighter SOL+0.0096%1h117.24−0.112%$13.1M$54.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.24−0.111%$357K$236K20xas long as short
Paradex SOL-USD-PERP+0.0097%8h117.27−0.088%$1.0M$555K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.31−0.052%$44K$838K20xas long as short
Nado SOL-PERP+0.0100%1h117.24−0.108%$5.5M$40.3M40xas long as short
Hyperliquid SOL+0.0100%1h117.33−0.036%$713.3M$386.8M20xas long as short
Pacifica SOL+0.0100%1h117.33−0.039%$15.9M$121.7M20xas long as short
Binance SOLUSDT+0.0100%8h117.20−0.146%$969.3M$3.62B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.21−0.138%$363.9M$1.65B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.29−0.069%$221K$805K10xas long as short
Arcus SOL-USD+0.0100%1h117.33−0.038%$938K$8.1M20xas long as short
Gate SOL_USDT+0.0100%8h117.20−0.146%$849.9M$583.5M100xas long as short
MEXC SOL_USDT+0.0100%8h117.20−0.146%$412.5M$974.3M300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.22−0.126%$134.0M$232.1M75xas long as short
BingX SOL-USDC+0.0100%8h117.17−0.173%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.22−0.129%$23.2M$36.7M50xas long as short
Variational Omni SOL+0.0100%8h117.40+0.027%$25.3M$101.8Mas long as short
edgeX SOLUSDC+0.0100%4h117.53+0.138%$94.4M$410.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.46+0.078%$48.1M$26.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.58+0.178%$1.1M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h117.45+0.067%$1.3M$10.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.26−0.095%$321K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.27−0.090%$284K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.26−0.097%$27K$34K25xas long as short
SunX SOL-USDT+0.0100%8h117.18−0.165%$190K$1.6M30xas long as short
HTX SOL-USDT+0.0100%8h117.20−0.146%$226.8M$45.6M75xas long as short
Bulk SOL-USD+0.0100%1h117.65+0.234%$127.3M$25.1M20xas long as short
Extended SOL-USD+0.0104%1h117.17−0.172%$8.4M$34.3M50xas long as short
Jupiter Perps SOL-PERPlongL +0.0120% / S +0.0048%1h117.37long leg$214.7M500x
Phoenix SOL+0.0124%1h117.64+0.229%$6.5M$12.6M25xas long as short
Kraken Futures PF_SOLUSDshort+0.0185%1h117.24−0.115%$32.4M$98.6M100x
Reya SOLRUSDPERP+0.0198%1h117.32−0.044%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h117.39+0.016%$52.1M$59.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0170%1h117.55+0.149%$3.5M200xas long as short
RISEx SOL/USDC+0.0273%1h117.35−0.019%$2.2M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0408%1h117.54+0.147%$25K$53K20xas long as short