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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.038%
Price spread now: Jupiter Perps against Kraken Futures+0.005%7-day average +0.002% · 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)−0.149%−$15 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.005%, 7d avg +0.002%
Together, before fees−0.097%−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.149%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOLUSD116.68−0.0193get 0.0024% / 1h27m 45s$31.0M$101.1M100x
ShortJupiter Perps SOL-PERP116.69L +0.0120% / S +0.0048%pay 0.0006% / 1h27m 45s$231.5M500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Jupiter Perps against Kraken Futures. 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
$30.44
Price spread: +0.005% → +0.002%
$0.32
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
$8.76
Costs to cover
0.220%
Break-even
5.0 days
Slippage unknown: Kraken Futures: live order book, 1 min ago; Jupiter 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 Kraken Futures live order book, 1 min ago1.28 bp6.3 bp −$66.9 bp −$6911.1 bp −$1,10919.9 bp −$9,933
Sell Jupiter Perps no order-book sample
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 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
Kraken Futures PF_SOLUSDlong−0.0193%1h116.68long leg$31.0M$101.1M100x
Hibachi SOL/USDT-P−0.0176%1h116.72+0.030%$103K$701K20xas long as short
Vest SOL-PERP−0.0092%1h116.60−0.072%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.69+0.002%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.67−0.015%$42K150xas long as short
Bybit SOLUSDT+0.0001%8h116.52−0.141%$757.4M$1.38B100xas long as short
dYdX SOL-USD+0.0010%1h116.69+0.003%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0032%1h116.59−0.078%$1.9M$2.9M13xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.69+0.006%$7.6M$405.2M50xas long as short
01 Exchange SOLUSD+0.0072%1h116.66−0.021%$99K$174K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SOL-USD+0.0093%1h116.62−0.053%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDC+0.0093%8h116.66−0.018%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.64−0.042%$13.1M$60.2M25xas long as short
Lighter RH SOL+0.0096%1h116.63−0.046%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.67−0.014%$350K$246K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.63−0.047%$61K$895K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.66−0.022%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.68−0.006%$5.4M$40.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.76+0.065%$704.9M$394.7M20xas long as short
Aster SOLUSDT+0.0100%8h116.65−0.030%$174.7M$183.2M100xas long as short
Pacifica SOL+0.0100%1h116.72+0.027%$15.8M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.66−0.020%$973.8M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.65−0.030%$366.5M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.69+0.005%$229K$842K10xas long as short
Arcus SOL-USD+0.0100%1h116.71+0.021%$921K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.75+0.056%$133.5M$19.9M20xas long as short
Gate SOL_USDT+0.0100%8h116.66−0.021%$852.6M$663.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.66−0.021%$367.1M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.66−0.021%$129.1M$223.2M75xas long as short
Bitget SOLUSDT+0.0100%8h116.63−0.046%$481.4M$444.6M100xas long as short
BingX SOL-USDC+0.0100%8h116.60−0.071%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.65−0.030%$23.1M$40.0M50xas long as short
Variational Omni SOL+0.0100%8h116.79+0.094%$24.6M$113.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.77+0.072%$93.7M$400.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.90+0.185%$47.8M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.87+0.159%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.77+0.073%$1.3M$12.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.60−0.072%$320K$2.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.63−0.045%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.67−0.011%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.70+0.013%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.58−0.090%$225.9M$48.0M75xas long as short
Phemex SOLUSDT+0.0100%8h116.69+0.005%$45.7M$103.1M50xas long as short
Extended SOL-USD+0.0104%1h116.62−0.057%$8.3M$37.6M50xas long as short
Kalshi KXSOLPERP+0.0106%8h116.65−0.028%$1.5M$19.0M3.1xas long as short
Injective SOL/USDC PERP+0.0107%1h116.99+0.262%$4K$2K12xas long as short
Jupiter Perps SOL-PERPshortL +0.0120% / S +0.0048%1h116.69+0.005%$231.5M500x
Phoenix SOL+0.0151%1h116.89+0.176%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0171%1h116.73+0.039%$26.3M$23.3M50xas long as short
Reya SOLRUSDPERP+0.0191%1h116.58−0.093%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.71+0.022%$52.0M$67.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.65−0.030%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.68−0.001%$138K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0541%1h116.81+0.104%$25K$51K20xas long as short
RISEx SOL/USDC+0.0561%1h116.73+0.041%$1.9M$4.8M20xas long as short