Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h −0.055%

Price spread now: Bitget against Aftermath Perps+0.098%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.098% dearer against Aftermath Perps than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SOLUSD	119.61	0.0023	pay 0.0003% / 1h	18m 55s	$24K	$47K	20x
Short	Bitget SOLUSDT	119.73	0.0100	get 0.0100% / 8h	2h 18m	$500.4M	$452.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aftermath Perps. 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 Aftermath PerpsbpFee BitgetbpOrdersPrice spread, now +0.098%Rate

Funding earned: $16.09
Price spread: +0.098% → 0.000%: $9.8
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: $4.9
Costs to cover: 0.210%
Break-even: 4.9 days

Slippage unknown: Aftermath Perps: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	0.04 bp	8.0 bp −$8	8.7 bp −$87	11.8 bp −$1,177	16.5 bp −$8,269

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	119.15	−0.384%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.85	+0.202%	$850	$8K	25x	as long as short
Vest SOL-PERP	−0.0075%	1h	119.76	+0.124%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0045%	1h	119.64	+0.024%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.88	+0.223%	$5.1M	$27.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.68	+0.055%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.92	+0.261%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.81	+0.163%	$180K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.77	+0.131%	$26.9M	$27.7M	50x	as long as short
Aftermath Perps SOLUSDlong	+0.0023%	1h	119.61	long leg	$24K	$47K	20x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0055%	8h	119.57	−0.030%	$232.9M	$44.6M	75x	as long as short
Hibachi SOL/USDT-P	+0.0056%	1h	119.86	+0.212%	$120K	$622K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0062%	8h	119.74	+0.106%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.88	+0.226%	$105K	$152K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.75	+0.121%	—	$373.1M	—	as long as short
Gate SOL_USDT	+0.0090%	8h	119.75	+0.117%	$874.5M	$687.2M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.71	+0.083%	$13.6M	$54.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.70	+0.072%	$2.1M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.72	+0.092%	$355K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.91	+0.247%	$1.1M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.87	+0.218%	$49K	$788K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.84	+0.193%	$6.4M	$41.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.83	+0.184%	$723.5M	$413.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.72	+0.092%	$180.2M	$175.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.89	+0.234%	$12.5M	$115.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.74	+0.113%	$981.6M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.76	+0.128%	$828.3M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.72	+0.092%	$372.6M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.91	+0.251%	$235K	$879K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.90	+0.240%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.66	+0.040%	$134.1M	$11.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.76	+0.126%	$439.5M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.77	+0.136%	$141.7M	$197.7M	75x	as long as short
Bitget SOLUSDTshort	+0.0100%	8h	119.73	+0.098%	$500.4M	$452.2M	100x
Backpack SOL_USDC_PERP	+0.0100%	1h	119.71	+0.084%	$24.3M	$38.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.82	+0.174%	$27.5M	$127.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.73	+0.100%	$96.2M	$400.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.58	−0.025%	$49.0M	$33.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.75	+0.113%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.82	+0.176%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.78	+0.142%	$373K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.74	+0.109%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.72	+0.091%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.67	+0.046%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.69	+0.067%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.73	+0.101%	$46.7M	$101.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.74	+0.108%	$8.8M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.74	+0.106%	$8.2M	$418.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.70	+0.072%	—	$220.7M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.75	+0.117%	$6.6M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.88	+0.227%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.76	+0.130%	$1.1M	$562K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.69	+0.067%	$51.7M	$87.0M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0222%	1h	119.74	+0.105%	$35.7M	$91.2M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0172%	1h	119.70	+0.073%	$3.6M	—	200x	as long as short