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+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against 01 Exchange−0.120%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.026%−$3 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.120%, 7d avg −0.072%
Together, before fees−0.058%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.048% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.072%). If the spread goes back, that is −$5 on $10k: about 10 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD119.290.0088pay 0.0011% / 1h31m 13s$104K$153K20x
ShortExtended SOL-USD119.150.0104get 0.0013% / 1h31m 13s$8.7M$36.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$3.36
Price spread: −0.120% → −0.072%
−$4.8
Slippage, 4 orders
−$11.04
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$24.48
Costs to cover
0.230%
Break-even
58.0 days
Slippage from 01 Exchange: live order book, 53 min ago; Extended: live order book, 3 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, 53 min ago0.83 bp8.4 bp −$815.0 bp −$150doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.42 bp2.9 bp −$32.9 bp −$294.4 bp −$443doesn'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
Bluefin SOL-PERP−0.0162%1h119.17−0.100%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.09−0.167%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.28−0.005%$846$8K25xas long as short
Vest SOL-PERP−0.0060%1h119.22−0.056%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.28−0.005%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.25−0.032%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.26−0.023%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.24−0.043%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0024%1h119.29+0.002%$120K$611K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.059%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0066%1h119.23−0.051%$26.7M$27.6M50xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.19−0.083%$1.1M$5.9M100xas long as short
Aftermath Perps SOLUSD+0.0075%1h119.41+0.103%$24K$47K20xas long as short
BingX SOL-USDT+0.0080%8h119.24−0.040%$374.2Mas long as short
Gate SOL_USDT+0.0083%8h119.24−0.042%$869.9M$682.4M100xas long as short
HTX SOL-USDT+0.0083%8h119.11−0.149%$232.0M$44.8M75xas long as short
01 Exchange SOLUSDlong+0.0088%1h119.29long leg$104K$153K20x
Lighter SOL+0.0096%1h119.17−0.101%$13.6M$55.6M25xas long as short
Lighter RH SOL+0.0096%1h119.16−0.112%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.19−0.083%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.18−0.089%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.25−0.034%$47K$794K20xas long as short
Nado SOL-PERP+0.0100%1h119.24−0.041%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.36+0.059%$718.7M$416.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.23−0.051%$178.5M$176.2M100xas long as short
Pacifica SOL+0.0100%1h119.28−0.009%$12.4M$117.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.17−0.101%$985.7M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h119.18−0.092%$823.3M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.14−0.126%$371.3M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.26−0.025%$233K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.31+0.018%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.26−0.025%$451.5M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.27−0.017%$140.9M$200.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.16−0.109%$495.0M$455.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.25−0.034%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.41+0.102%$27.9M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.40+0.094%$95.9M$399.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.40+0.088%$48.9M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.40+0.090%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.27−0.017%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.26−0.025%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.24−0.038%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.18−0.095%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.18−0.092%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.19−0.084%$46.6M$101.9M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.384%$134.3M$8.4M20xas long as short
Extended SOL-USDshort+0.0104%1h119.15−0.120%$8.7M$36.2M50x
Coinbase International SOL-PERP-INTX+0.0112%1h119.21−0.070%$8.2M$414.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.30+0.011%$223.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.17−0.101%$32.6M$95.7M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0085%1h119.24−0.039%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.23−0.048%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.31+0.015%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.134%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.17−0.101%$52.2M$82.7M125xas long as short