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−0.0120%/8h= −13.1% APRnext payment $0.15 per $10,000 · paid last 24h −0.040%
Price spread now: dYdX against SoDEX−0.033%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$530.532% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.012%−$1 on $10k
Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.033%, 7d avg +0.020%
Together, before fees+0.046%+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and dYdX is 0.053% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD119.040.0100pay 0.0013% / 1h27m 07s$6.3M$10.8M20x
ShortdYdX SOL-USD119.00−0.0020pay 0.0002% / 1h27m 07s$5.0M$25.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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
−$25.19
Price spread: −0.033% → +0.020%
−$5.33
Slippage, 4 orders
−$35.25
Fee SoDEX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$83.76
Costs to cover
0.532%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; dYdX: live order book, 2 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 SoDEX live order book, 2 min ago0.42 bp4.4 bp −$44.9 bp −$4915.7 bp −$1,573doesn't fit
Sell dYdX live order book, 2 min ago15.53 bp20.5 bp −$2128.2 bp −$28255.1 bp −$5,508101.1 bp −$50.6K

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+0.011%$844$8K25xas long as short
Vest SOL-PERP−0.0077%1h119.01−0.026%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.96−0.070%$2.0M$2.7M13xas long as short
Bluefin SOL-PERP−0.0056%1h119.06+0.014%$37K$17K25xas long as short
dYdX SOL-USDshort−0.0020%1h119.00−0.033%$5.0M$25.7M20x
Kraken Futures PF_SOLUSD−0.0014%1h119.05+0.010%$32.4M$96.5M100xas long as short
HTX SOL-USDT−0.0005%8h119.00−0.031%$231.5M$43.9M75xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.06+0.014%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.04+0.003%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.06+0.015%$154K$3.8M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.10+0.050%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0032%1h119.09+0.039%$101K$657K20xas long as short
Phemex SOLUSDT+0.0046%8h119.07+0.025%$46.6M$99.9M50xas long as short
BingX SOL-USDT+0.0080%8h119.05+0.007%$366.2Mas long as short
Orderly PERP_SOL_USDC+0.0082%8h119.05+0.007%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.08+0.034%$8.1M$410.3M50xas long as short
Lighter SOL+0.0096%1h119.04−0.003%$14.2M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.02−0.013%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.05+0.010%$349K$249K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.01−0.022%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.02−0.017%$45K$782K20xas long as short
Nado SOL-PERP+0.0100%1h119.07+0.029%$5.9M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.14+0.087%$722.5M$399.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.06+0.017%$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%8h119.03−0.010%$980.0M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.06+0.021%$824.6M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.03−0.008%$371.2M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.08+0.034%$233K$834K10xas long as short
Arcus SOL-USD+0.0100%1h119.04+0.001%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.07+0.026%$136.4M$9.7M20xas long as short
Gate SOL_USDT+0.0100%8h119.03−0.008%$854.1M$666.5M100xas long as short
MEXC SOL_USDT+0.0100%8h119.040.000%$432.2M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.05+0.008%$138.4M$202.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.03−0.008%$494.1M$440.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.07+0.025%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h118.98−0.053%$27.0M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h118.93−0.096%$95.5M$401.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.95−0.076%$48.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.93−0.092%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h119.05+0.008%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.07+0.025%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.07+0.022%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.97−0.059%$193K$1.8M30xas long as short
SoDEX SOL-USDlong+0.0100%1h119.04long leg$6.3M$10.8M20x
Extended SOL-USD+0.0104%1h119.01−0.022%$8.6M$35.0M50xas long as short
Phoenix SOL+0.0114%1h119.19+0.126%$6.6M$13.6M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0118%1h119.10+0.049%$26.7M$24.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.11+0.056%$219.2M500xas long as short
RISEx SOL/USDC+0.0161%1h119.05+0.006%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.06+0.015%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.025%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0176%1h119.02−0.016%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h119.06+0.015%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.05+0.008%$51.9M$76.3M125xas long as short