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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h 0.000%
Price spread now: 01 Exchange against Katana Perps+0.067%7-day average +0.040% · 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)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.067%, 7d avg +0.040%
Together, before fees+0.015%+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.027% dearer against Katana Perps than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.040%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps SOL-USD119.020.0100pay 0.0100% / 8h7h 26m$45K$782K20x
Short01 Exchange SOLUSD119.100.0032get 0.0004% / 1h26m 51s$104K$159K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Katana 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
−$14.24
Price spread: +0.067% → +0.040%
$2.73
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$22.3
Costs to cover
0.108%
Break-even
never at this rate
Slippage unknown: Katana Perps: no order-book sample; 01 Exchange: live order book, 47 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 Katana Perps no order-book sample
Sell 01 Exchange live order book, 47 min ago0.84 bp6.8 bp −$712.1 bp −$121doesn't fitdoesn't fit
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
Hotstuff SOL-PERP−0.0080%1h119.05+0.028%$844$8K25xas long as short
Vest SOL-PERP−0.0077%1h119.01−0.009%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.96−0.054%$2.0M$2.7M13xas long as short
Bluefin SOL-PERP−0.0056%1h119.06+0.031%$37K$17K25xas long as short
dYdX SOL-USD−0.0020%1h119.00−0.016%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.05+0.027%$32.4M$96.5M100xas long as short
HTX SOL-USDT−0.0005%8h119.00−0.014%$231.5M$43.9M75xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.06+0.031%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.04+0.019%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.06+0.032%$154K$3.8M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSDshort+0.0032%1h119.10+0.067%$104K$159K20x
Hibachi SOL/USDT-P+0.0032%1h119.09+0.056%$101K$657K20xas long as short
Phemex SOLUSDT+0.0046%8h119.07+0.042%$46.6M$99.9M50xas long as short
BingX SOL-USDC+0.0080%8h119.03+0.006%$10.5Mas long as short
Orderly PERP_SOL_USDC+0.0082%8h119.05+0.024%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.08+0.051%$8.1M$410.3M50xas long as short
Lighter SOL+0.0096%1h119.04+0.013%$14.2M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.02+0.003%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.05+0.027%$349K$249K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.01−0.005%$1.0M$520K50xas long as short
Katana Perps SOL-USDlong+0.0100%8h119.02long leg$45K$782K20x
Nado SOL-PERP+0.0100%1h119.07+0.046%$5.9M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.14+0.103%$722.5M$399.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.06+0.034%$179.6M$176.8M100xas long as short
Pacifica SOL+0.0100%1h119.03+0.008%$12.2M$124.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.05+0.025%$980.2M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.15+0.109%$825.2M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.13+0.092%$371.1M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.08+0.050%$233K$834K10xas long as short
Arcus SOL-USD+0.0100%1h119.04+0.018%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.07+0.042%$136.4M$9.7M20xas long as short
Gate SOL_USDT+0.0100%8h119.05+0.025%$854.2M$666.6M100xas long as short
MEXC SOL_USDT+0.0100%8h119.05+0.025%$432.3M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.05+0.029%$138.5M$202.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.03+0.009%$494.1M$440.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.07+0.042%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h118.98−0.036%$27.0M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h118.93−0.079%$95.5M$401.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.95−0.059%$48.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.93−0.076%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h119.05+0.025%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.07+0.042%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.07+0.039%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.97−0.042%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.04+0.017%$6.3M$10.8M20xas long as short
Extended SOL-USD+0.0104%1h119.02−0.001%$8.6M$35.0M50xas long as short
Phoenix SOL+0.0114%1h119.19+0.143%$6.6M$13.6M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0118%1h119.10+0.066%$26.7M$24.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.11+0.073%$219.2M500xas long as short
RISEx SOL/USDC+0.0161%1h119.05+0.022%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.06+0.032%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.008%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0176%1h119.02+0.001%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h119.06+0.032%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.05+0.025%$51.9M$76.3M125xas long as short