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+0.0461%/8h= +50.5% APRpaid last 24h +0.034%
Price spread now: RISEx against KuCoin+0.069%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.094%+$9 on $10k
Price spread, last 7 days−0.077%−$8 · spread now +0.069%, 7d avg −0.007%
Together, before fees+0.017%+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.077% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.007%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.094% in total (about 9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOLUSDTM116.590.0100pay 0.0100% / 8h3h 15m$128.9M$223.9M75x
ShortRISEx SOL/USDC116.680.0561get 0.0070% / 1h15m 24s$1.9M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against KuCoin. 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
$96.8
Price spread: +0.069% → −0.007%
$7.69
Slippage, 4 orders
−$4.87
Fee KuCoin: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$81.63
Costs to cover
0.229%
Break-even
1.1 days
Slippage from KuCoin: live order book, 4 min ago; RISEx: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago0.04 bp6.6 bp −$710.6 bp −$10617.0 bp −$1,703doesn't fit
Sell RISEx live order book, 4 min ago0.04 bp3.0 bp −$35.5 bp −$55doesn't fitdoesn't fit

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
Hibachi SOL/USDT-P−0.0208%1h116.71+0.098%$105K$703K20xas long as short
Kraken Futures PF_SOLUSD−0.0193%1h116.61+0.011%$31.1M$101.9M100xas long as short
Vest SOL-PERP−0.0106%1h116.54−0.048%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.61+0.016%$1K$8K25xas long as short
Bybit SOLUSDT−0.0049%8h116.45−0.124%$752.2M$1.39B100xas long as short
Derive SOL-PERP−0.0030%1h116.52−0.059%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.57−0.021%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.63+0.027%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0012%1h116.63+0.028%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.62+0.025%$7.7M$405.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SOL-USD+0.0059%1h116.55−0.036%$147K$1.6M20xas long as short
01 Exchange SOLUSD+0.0064%1h116.62+0.022%$99K$175K20xas long as short
Bitget SOLUSDT+0.0093%8h116.57−0.021%$481.5M$446.8M100xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.53−0.057%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.62+0.024%$13.1M$60.5M25xas long as short
Lighter RH SOL+0.0096%1h116.61+0.014%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.58−0.010%$351K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.58−0.012%$61K$896K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.62+0.019%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.59−0.001%$5.4M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.70+0.091%$703.3M$395.4M20xas long as short
Aster SOLUSDT+0.0100%8h116.58−0.012%$174.6M$183.4M100xas long as short
Pacifica SOL+0.0100%1h116.63+0.034%$15.8M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.55−0.038%$972.1M$3.83B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.52−0.063%$367.6M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.59−0.003%$227K$842K10xas long as short
Arcus SOL-USD+0.0100%1h116.63+0.030%$919K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.45−0.121%$133.0M$16.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.57−0.021%$856.0M$667.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.57−0.021%$367.6M$1.08B300xas long as short
KuCoin SOLUSDTMlong+0.0100%8h116.59long leg$128.9M$223.9M75x
BingX SOL-USDC+0.0100%8h116.51−0.071%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.63+0.031%$23.1M$40.2M50xas long as short
Variational Omni SOL+0.0100%8h116.48−0.094%$24.4M$113.5Mas long as short
edgeX SOLUSDC+0.0100%4h116.67+0.062%$93.7M$401.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.59−0.003%$47.7M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.71+0.099%$1.3M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.60+0.005%$1.3M$12.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.57−0.021%$320K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.61+0.010%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.58−0.009%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.60+0.005%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.62+0.022%$226.0M$48.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.61+0.014%$45.4M$103.4M50xas long as short
Extended SOL-USD+0.0104%1h116.54−0.047%$8.2M$37.8M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.70+0.091%$4K$2K12xas long as short
Deribit SOL_USDC-PERPETUAL+0.0113%1h116.66+0.055%$26.3M$23.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.62+0.026%$235.7M500xas long as short
Phoenix SOL+0.0151%1h116.74+0.125%$6.5M$13.8M25xas long as short
Reya SOLRUSDPERP+0.0192%1h116.55−0.040%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.62+0.022%$51.9M$67.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.57−0.020%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.590.000%$134K$3.7M8.3xas long as short
RISEx SOL/USDCshort+0.0561%1h116.68+0.069%$1.9M$4.8M20x
Aftermath Perps SOLUSD+0.0571%1h116.69+0.079%$25K$52K20xas long as short