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+0.0019%/8h= +2.1% APRpaid last 24h −0.019%
Price spread now: ApeX Omni against Orderly+0.099%7-day average −0.028% · 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 7 days−0.260%−$26 on $10k
Price spread, last 3 days (all we have)−0.198%−$20 · spread now +0.099%, 7d avg −0.028%
Together, before fees−0.458%−$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.127% dearer against Orderly than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.028%. Mind the row above: over the last 7 days funding on this pair cost −0.260%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SOL_USDC118.890.0081pay 0.0081% / 8h7h 34m$1.0M$5.9M100x
ShortApeX Omni SOLUSDT119.010.0100get 0.0013% / 1h34m 59s$1.5M$6.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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
$4.07
Price spread: +0.099% → −0.028%
$12.73
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$0.81
Costs to cover
0.160%
Break-even
5.6 days
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 4 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 Orderly no order-book sample
Sell ApeX Omni live order book, 4 min ago1.68 bp6.7 bp −$711.2 bp −$11272.1 bp −$7,214doesn't fit
Orderly: 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
Bluefin SOL-PERP−0.0214%1h118.90+0.004%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.03+0.113%$844$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.86−0.023%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.81−0.070%$2.0M$2.7M13xas long as short
HTX SOL-USDT−0.0040%8h118.80−0.073%$231.5M$44.0M75xas long as short
dYdX SOL-USD−0.0017%1h119.04+0.123%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.88−0.007%$32.4M$96.7M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.90+0.008%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.02+0.109%$1.2M$20.3M3.1xas long as short
Perpl SOL0.0000%43m118.92+0.027%$154K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h118.87−0.018%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.04+0.126%$102K$656K20xas long as short
Phemex SOLUSDT+0.0065%8h118.88−0.009%$46.6M$100.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0077%1h118.94+0.038%$26.6M$24.8M50xas long as short
BingX SOL-USDC+0.0080%8h118.90+0.005%$10.6Mas long as short
Orderly PERP_SOL_USDClong+0.0081%8h118.89long leg$1.0M$5.9M100x
Coinbase International SOL-PERP-INTX+0.0088%1h118.91+0.013%$8.1M$411.1M50xas long as short
Lighter SOL+0.0096%1h118.89−0.003%$14.2M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.87−0.018%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.89+0.002%$348K$248K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.01+0.101%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.87−0.018%$47K$780K20xas long as short
Nado SOL-PERP+0.0100%1h118.92+0.029%$5.8M$41.1M40xas long as short
Aster SOLUSDT+0.0100%8h118.92+0.024%$178.9M$176.8M100xas long as short
Pacifica SOL+0.0100%1h119.02+0.107%$12.2M$123.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.91+0.016%$979.0M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h118.93+0.033%$823.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.92+0.024%$370.9M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.050%$233K$852K10xas long as short
Arcus SOL-USD+0.0100%1h118.93+0.029%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.80−0.077%$134.2M$6.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.90+0.008%$859.2M$663.9M100xas long as short
MEXC SOL_USDT+0.0100%8h118.89−0.001%$427.8M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.91+0.016%$138.1M$202.6M75xas long as short
Bitget SOLUSDT+0.0100%8h118.90+0.004%$493.6M$441.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.91+0.016%$24.2M$37.2M50xas long as short
Variational Omni SOL+0.0100%8h119.01+0.097%$27.0M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.90+0.011%$95.5M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.81−0.066%$48.7M$29.6M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h119.01+0.099%$1.5M$6.1M50x
StandX SOL-USD+0.0100%1h118.98+0.075%$1.4M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.86−0.026%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.86−0.022%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.94+0.042%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.88−0.009%$6.3M$10.8M20xas long as short
Hyperliquid SOL+0.0103%1h119.02+0.109%$721.3M$399.1M20xas long as short
Extended SOL-USD+0.0104%1h118.890.000%$8.6M$35.2M50xas long as short
Phoenix SOL+0.0114%1h118.97+0.066%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.88−0.007%$220.1M500xas long as short
RISEx SOL/USDC+0.0161%1h118.90+0.012%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.88−0.010%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.194%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0173%1h118.91+0.019%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h118.84−0.040%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.85−0.034%$51.7M$77.5M125xas long as short