Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: edgeX against Aevo+0.179%72s7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as 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−$610.614% of the position

Long on Aevo Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 3 days (all we have)+0.303%+$30 · spread now +0.179%, 7d avg −0.004%

Together, before fees+0.370%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.183% dearer against Aevo than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	118.87	0.0096	pay 0.0012% / 1h	58m 14s	$353K	$746K	20x
Short	edgeX SOLUSDC	119.09	0.0100	get 0.0050% / 4h	2h 58m	$95.6M	$395.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.179%Rate

Funding earned: $0.84
Price spread: +0.179% → −0.004%: $18.33
Slippage, 4 orders: −$36.4
Fee Aevo: 8 bp × 2 orders: −$16
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$42.24
Costs to cover: 0.614%
Break-even: 359.0 days

Slippage from Aevo: live order book, 31 min ago; edgeX: live order book, 1 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, 31 min ago	9.60 bp	28.5 bp −$29	35.5 bp −$355	49.3 bp −$4,929	doesn't fit
Sell edgeX live order book, 1 min ago	2.10 bp	6.6 bp −$7	6.6 bp −$66	6.7 bp −$668	10.0 bp −$4,990

SOL on 55 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
Injective SOL/USDC PERP	−0.0151%	1h	118.68	−0.161%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0084%	1h	118.94	+0.057%	—	$731K	20x	as long as short
Aftermath Perps SOLUSD	−0.0083%	1h	119.05	+0.151%	$24K	$48K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.05	+0.146%	$844	$8K	25x	as long as short
Derive SOL-PERP	−0.0065%	1h	118.83	−0.038%	$2.0M	$3.2M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.94	+0.057%	$49K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.04	+0.142%	$4.9M	$26.8M	20x	as long as short
Perpl SOL	0.0000%	43m	119.01	+0.115%	$191K	$4.1M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0017%	1h	118.95	+0.064%	$26.7M	$27.9M	50x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	118.98	+0.091%	$104K	$154K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0055%	8h	118.92	+0.036%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0065%	8h	118.86	−0.008%	$231.6M	$43.8M	75x	as long as short
SoDEX SOL-USD	+0.0067%	1h	118.87	−0.002%	$6.2M	$10.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0076%	1h	119.13	+0.216%	$1.5M	$6.3M	50x	as long as short
Gate SOL_USDT	+0.0079%	8h	118.95	+0.066%	$858.5M	$672.3M	100x	as long as short
KuCoin SOLUSDTM	+0.0083%	8h	118.97	+0.082%	$144.1M	$196.5M	75x	as long as short
Bullet SOL-USD	+0.0087%	1h	118.90	+0.024%	$199K	$1.8M	20x	as long as short
Lighter SOL	+0.0096%	1h	118.88	+0.005%	$13.4M	$52.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.86	−0.010%	$2.0M	$16.5M	25x	as long as short
Bitget SOLUSDT	+0.0096%	8h	118.87	−0.002%	$495.9M	$452.2M	100x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	118.87	long leg	$353K	$746K	20x
Paradex SOL-USD-PERP	+0.0098%	8h	118.98	+0.089%	$1.0M	$525K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.00	+0.108%	$47K	$786K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.05	+0.150%	$5.6M	$40.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.05	+0.150%	$718.7M	$443.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.94	+0.055%	$179.9M	$175.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.06	+0.158%	$12.4M	$113.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.84	−0.027%	$975.8M	$3.76B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.93	+0.049%	$822.1M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.88	+0.007%	$367.9M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.16	+0.242%	$234K	$868K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.03	+0.133%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.09	+0.181%	$133.4M	$13.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.93	+0.049%	$470.7M	$1.07B	300x	as long as short
BingX SOL-USDT	+0.0100%	8h	118.91	+0.035%	—	$372.4M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.08	+0.175%	$24.2M	$38.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.33	+0.383%	$27.8M	$126.3M	—	as long as short
edgeX SOLUSDCshort	+0.0100%	4h	119.09	+0.179%	$95.6M	$395.2M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	119.08	+0.171%	$48.7M	$33.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.10	+0.192%	$1.4M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.96	+0.074%	$361K	$2.4M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.92	+0.041%	$38K	$14K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.86	−0.008%	$193K	$1.9M	30x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.85	−0.018%	$46.4M	$100.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.87	0.000%	$8.7M	$37.4M	50x	as long as short
Kalshi KXSOLPERP	+0.0111%	8h	119.05	+0.154%	$1.2M	$21.0M	3.1x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.92	+0.037%	$8.0M	$414.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.07	+0.171%	—	$218.3M	500x	as long as short
Hibachi SOL/USDT-P	+0.0128%	1h	119.10	+0.193%	$123K	$608K	20x	as long as short
Phoenix SOL	+0.0149%	1h	119.28	+0.343%	$7.3M	$11.2M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.00	+0.109%	$1.6M	$6.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.94	+0.054%	$1.1M	$558K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.07	+0.167%	$51.7M	$91.1M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.89	+0.015%	$36.1M	$90.7M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0178%	1h	118.94	+0.054%	$3.5M	—	200x	as long as short