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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Coinbase International against 01 Exchange−0.020%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.233% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.018%−$2 on $10k
Price spread, last 3 days (all we have)−0.097%−$10 · spread now −0.020%, 7d avg −0.014%
Together, before fees−0.115%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD119.580.0064pay 0.0008% / 1h49m 30s$104K$157K20x
ShortCoinbase International SOL-PERP-INTX119.560.0096get 0.0012% / 1h49m 30s$8.3M$418.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against 01 Exchange. 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
$6.72
Price spread: −0.020% → −0.014%
−$0.57
Slippage, 4 orders
−$6.35
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.2
Costs to cover
0.233%
Break-even
24.9 days
Slippage from 01 Exchange: live order book, 30 min ago; Coinbase International: live order book, 5 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 01 Exchange live order book, 30 min ago0.84 bp6.2 bp −$611.2 bp −$112doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago0.04 bp5.0 bp −$57.8 bp −$7816.7 bp −$1,668197.0 bp −$98.5K

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%1h119.55−0.022%$848$8K25xas long as short
Vest SOL-PERP−0.0066%1h119.51−0.060%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.45−0.107%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.55−0.025%$113K150xas long as short
dYdX SOL-USD0.0000%1h119.61+0.028%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.64+0.049%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.57−0.010%$177K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0045%1h119.580.000%$26.7M$26.0M50xas long as short
ApeX Omni SOLUSDT+0.0060%1h119.63+0.042%$1.5M$6.2M50xas long as short
01 Exchange SOLUSDlong+0.0064%1h119.58long leg$104K$157K20x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0071%8h119.50−0.069%$1.1M$5.9M100xas long as short
BingX SOL-USDC+0.0080%8h119.52−0.054%$10.5Mas long as short
Gate SOL_USDT+0.0089%8h119.52−0.050%$870.9M$674.4M100xas long as short
HTX SOL-USDT+0.0089%8h119.54−0.031%$232.7M$45.0M75xas long as short
Lighter SOL+0.0096%1h119.56−0.021%$13.7M$55.4M25xas long as short
Lighter RH SOL+0.0096%1h119.59+0.007%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.51−0.057%$354K$748K20xas long as short
Coinbase International SOL-PERP-INTXshort+0.0096%1h119.56−0.020%$8.3M$418.4M50x
Paradex SOL-USD-PERP+0.0100%8h119.52−0.053%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.55−0.025%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.57−0.005%$6.1M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.64+0.053%$725.0M$410.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.53−0.039%$179.0M$175.3M100xas long as short
Pacifica SOL+0.0100%1h119.60+0.017%$12.4M$120.3M20xas long as short
Binance SOLUSDT+0.0100%8h119.52−0.052%$986.3M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.51−0.059%$831.1M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.48−0.084%$373.0M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.66+0.067%$234K$875K10xas long as short
Arcus SOL-USD+0.0100%1h119.58+0.001%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.65+0.059%$134.3M$6.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.54−0.033%$447.1M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.54−0.033%$139.6M$203.7M75xas long as short
Bitget SOLUSDT+0.0100%8h119.53−0.041%$497.8M$456.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.54−0.033%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.65+0.059%$27.4M$128.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.66+0.065%$96.1M$402.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.63+0.046%$49.0M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h119.62+0.033%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.54−0.033%$370K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.54−0.038%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.55−0.022%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h119.56−0.014%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.52−0.050%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.51−0.059%$46.7M$102.6M50xas long as short
Aftermath Perps SOLUSD+0.0100%1h119.60+0.018%$24K$47K20xas long as short
Phoenix SOL+0.0100%1h119.62+0.033%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h119.51−0.057%$8.7M$35.9M50xas long as short
Hibachi SOL/USDT-P+0.0104%1h119.69+0.096%$122K$639K20xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h119.53−0.042%$32.6M$96.9M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.56−0.021%$224.7M500xas long as short
Injective SOL/USDC PERP+0.0170%1h119.02−0.468%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h119.52−0.051%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h119.64+0.050%$52.0M$84.5M125xas long as short
RISEx SOL/USDC+0.0226%1h119.58−0.002%$1.7M$5.2M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0241% / S −0.0181%1h119.55−0.022%$3.8M200xas long as short