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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: ApeX Omni against OKX+0.281%100s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.245%−$25 on $10k
Price spread, last 7 days−0.248%−$25 · spread now +0.281%, 7d avg +0.007%
Together, before fees−0.493%−$49 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.274% dearer against OKX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOL-USDT-SWAP116.000.0100pay 0.0100% / 8h7h 31m$365.7M$1.72B100x
ShortApeX Omni SOLUSDT116.330.0100get 0.0013% / 1h31m 56s$1.2M$6.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
$0
Price spread: +0.281% → +0.007%
$27.42
Slippage, 4 orders
−$4.3
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$3.12
Costs to cover
0.243%
Break-even
from the start
Slippage from OKX: live order book, 2 min ago; ApeX Omni: live order book, 7 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 OKX live order book, 2 min ago0.43 bp5.4 bp −$55.4 bp −$547.7 bp −$76620.1 bp −$10.1K
Sell ApeX Omni live order book, 7 min ago1.72 bp6.7 bp −$79.7 bp −$9770.3 bp −$7,026doesn'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
Hotstuff SOL-PERP−0.0080%1h116.17+0.142%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.00−0.003%$32.2M$105.2M100xas long as short
Bybit SOLUSDT−0.0003%8h115.96−0.034%$728.0M$1.39B100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.99−0.008%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.05+0.044%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.06+0.048%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.01+0.010%$102K$3.4M8.3xas long as short
Vest SOL-PERP+0.0003%1h115.98−0.014%$636K20xas long as short
Derive SOL-PERP+0.0007%1h116.15+0.130%$1.8M$2.9M13xas long as short
Bitget SOLUSDT+0.0024%8h115.97−0.028%$478.3M$446.8M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h115.99−0.005%$7.7M$390.1M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0043%1h116.03+0.027%$26.1M$21.4M50xas long as short
Aster SOLUSDT+0.0052%8h115.97−0.030%$176.0M$169.5M100xas long as short
Orderly PERP_SOL_USDC+0.0067%8h115.98−0.016%$1.0M$5.8M100xas long as short
SoDEX SOL-USD+0.0077%1h115.96−0.034%$6.1M$11.0M20xas long as short
Gate SOL_USDT+0.0089%8h115.96−0.034%$844.2M$613.0M100xas long as short
Lighter SOL+0.0096%1h115.97−0.027%$13.0M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h115.96−0.037%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.00−0.002%$350K$249K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.04+0.036%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h115.98−0.017%$58K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.03+0.026%$5.4M$41.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.08+0.069%$693.2M$405.0M20xas long as short
Pacifica SOL+0.0100%1h116.07+0.063%$15.6M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h115.98−0.017%$958.6M$3.82B100xas long as short
OKX SOL-USDT-SWAPlong+0.0100%8h116.00long leg$365.7M$1.72B100x
Ondo Perps SOL-USD.P+0.0100%1h116.07+0.060%$217K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.02+0.016%$948K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h115.96−0.034%$372.7M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.98−0.019%$129.3M$237.5M75xas long as short
BingX SOL-USDC+0.0100%8h115.93−0.060%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.98−0.017%$22.8M$36.3M50xas long as short
Variational Omni SOL+0.0100%8h116.19+0.160%$24.8M$104.7Mas long as short
edgeX SOLUSDC+0.0100%4h116.19+0.162%$93.3M$404.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.20+0.171%$47.5M$28.0M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h116.33+0.281%$1.2M$6.6M50x
StandX SOL-USD+0.0100%1h116.09+0.078%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.000.000%$317K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h115.97−0.022%$282K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h115.98−0.016%$188K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h115.92−0.069%$224.4M$50.6M75xas long as short
Phemex SOLUSDT+0.0100%8h115.99−0.009%$45.1M$103.0M50xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.214%$125.8M$25.7M20xas long as short
Extended SOL-USD+0.0104%1h115.92−0.067%$8.3M$35.4M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.05+0.043%$101K$183K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.06+0.050%$230.4M500xas long as short
Phoenix SOL+0.0124%1h116.12+0.103%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0136%1h116.23+0.198%$101K$682K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.293%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h115.94−0.055%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.02+0.017%$51.9M$63.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h115.98−0.014%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0407%1h116.21+0.184%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.04+0.035%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0507%1h116.00−0.004%$27K$36K25xas long as short