Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: Binance against Aevo+0.005%48s7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.454% of the position

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.005%, 7d avg +0.023%

Together, before fees+0.089%+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	116.62	0.0096	pay 0.0012% / 1h	8m 32s	$351K	$252K	20x
Short	Binance SOLUSDT	116.63	0.0100	get 0.0100% / 8h	1h 08m	$966.8M	$3.87B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee BinancebpOrdersPrice spread, now +0.005%Rate

Funding earned: $0.84
Price spread: +0.005% → +0.023%: −$1.82
Slippage, 4 orders: −$19.38
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$46.36
Costs to cover: 0.454%
Break-even: 393.3 days

Slippage from Aevo: live order book, 35 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo live order book, 35 min ago	5.71 bp	15.2 bp −$15	24.1 bp −$241	39.3 bp −$3,932	doesn't fit
Sell Binance live order book, 6 min ago	0.43 bp	5.4 bp −$5	6.0 bp −$60	9.0 bp −$901	18.9 bp −$9,465

SOL on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	−0.0200%	1h	116.61	−0.009%	$97K	$678K	20x	as long as short
Bybit SOLUSDT	−0.0113%	8h	116.61	−0.010%	$739.1M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.63	+0.004%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.64	+0.014%	$32.3M	$106.2M	100x	as long as short
Vest SOL-PERP	−0.0046%	1h	116.63	+0.006%	—	$634K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.62	−0.004%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.65	+0.026%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.66	+0.030%	$106K	$3.5M	8.3x	as long as short
dYdX SOL-USD	+0.0017%	1h	116.62	0.000%	$4.3M	$23.6M	20x	as long as short
Bitget SOLUSDT	+0.0038%	8h	116.64	+0.021%	$480.8M	$459.2M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0048%	1h	116.66	+0.034%	$99K	$178K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.63	+0.009%	$8.0M	$402.7M	50x	as long as short
Lighter RH SOL	+0.0056%	1h	116.62	−0.002%	$2.2M	$16.9M	25x	as long as short
Aster SOLUSDT	+0.0076%	8h	116.62	0.000%	$176.5M	$169.5M	100x	as long as short
SoDEX SOL-USD	+0.0080%	1h	116.62	0.000%	$6.1M	$11.0M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0084%	8h	116.61	−0.005%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0092%	8h	116.61	−0.012%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.64	+0.013%	$13.1M	$61.1M	25x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	116.62	long leg	$351K	$252K	20x
Katana Perps SOL-USD	+0.0099%	8h	116.60	−0.018%	$66K	$910K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.62	+0.001%	$5.6M	$41.2M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.76	+0.120%	$701.5M	$408.2M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.69	+0.055%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDTshort	+0.0100%	8h	116.63	+0.005%	$966.8M	$3.87B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	116.63	+0.008%	$367.5M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.62	0.000%	$216K	$837K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.65	+0.022%	$900K	$8.7M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	−0.060%	$125.4M	$26.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.64	+0.017%	$850.4M	$675.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.63	+0.008%	$369.2M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.63	+0.004%	$133.0M	$233.2M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.59	−0.029%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.61	−0.009%	$23.1M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.52	−0.083%	$25.1M	$111.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.56	−0.055%	$93.6M	$408.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.59	−0.027%	$47.7M	$30.2M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.59	−0.026%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.63	+0.008%	$1.3M	$11.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.66	+0.034%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.64	+0.014%	$242K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.65	+0.023%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.62	−0.002%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.59	−0.022%	$225.8M	$50.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.59	−0.026%	$45.4M	$104.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.59	−0.027%	$8.0M	$38.0M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0113%	1h	116.70	+0.069%	$26.4M	$21.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.60	−0.016%	—	$233.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.69	+0.060%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.72	+0.085%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.63	+0.010%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.58	−0.035%	$52.1M	$66.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.61	−0.009%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.72	+0.083%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0493%	1h	116.69	+0.055%	$25K	$57K	20x	as long as short