Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Aevo against Backpack−0.050%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$420.425% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 3 days (all we have)−0.065%−$7 · spread now −0.050%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.031% cheaper against Backpack than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SOL_USDC_PERP | 119.21 | 0.0100 | pay 0.0013% / 1h | 2m 32s | $24.2M | $37.8M | 50x |
| Short | Aevo SOL-PERP | 119.15 | 0.0096 | get 0.0012% / 1h | 2m 32s | $353K | $748K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.050% → −0.018%
- −$3.13
- Slippage, 4 orders
- −$16.48
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$46.46
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 2 min ago; Aevo: live order book, 17 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 Backpack live order book, 2 min ago | 0.42 bp | 5.4 bp −$5 | 6.8 bp −$68 | 9.0 bp −$898 | 1889.9 bp −$944.9K |
| Sell Aevo live order book, 17 min ago | 3.36 bp | 16.4 bp −$16 | 26.0 bp −$260 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0186% | 1h | 119.18 | −0.026% | $37K | $17K | 25x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.27 | +0.048% | $846 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0064% | 1h | 119.15 | −0.054% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0052% | 1h | 119.10 | −0.094% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.18 | −0.027% | $115K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.26 | +0.045% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.26 | +0.041% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.20 | −0.004% | $177K | $4.0M | 8.3x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.23 | +0.017% | $6.5M | $13.6M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 119.26 | +0.042% | $104K | $156K | 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 | +0.0070% | 8h | 119.18 | −0.028% | $1.1M | $5.9M | 100x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.24 | +0.029% | — | $10.5M | — | as long as short |
| Hibachi SOL/USDT-P | +0.0080% | 1h | 119.28 | +0.060% | $118K | $608K | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0081% | 1h | 119.13 | −0.063% | $24K | $47K | 20x | as long as short |
| HTX SOL-USDT | +0.0082% | 8h | 119.10 | −0.093% | $231.8M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0088% | 8h | 119.26 | +0.042% | $870.7M | $690.3M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.27 | +0.051% | $13.6M | $56.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.25 | +0.036% | $2.2M | $17.0M | 25x | as long as short |
| Aevo SOL-PERPshort | +0.0096% | 1h | 119.15 | −0.050% | $353K | $748K | 20x | |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.25 | +0.031% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.25 | +0.034% | $45K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.25 | +0.029% | $6.1M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.35 | +0.117% | $720.1M | $410.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.28 | +0.059% | $178.6M | $175.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.30 | +0.075% | $12.3M | $119.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.23 | +0.018% | $982.2M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.30 | +0.075% | $829.5M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.28 | +0.059% | $372.6M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.18 | −0.025% | $233K | $876K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.29 | +0.066% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.85 | −0.302% | $133.1M | $7.6M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.27 | +0.050% | $452.5M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.27 | +0.049% | $139.7M | $202.4M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.25 | +0.038% | $496.6M | $455.7M | 100x | as long as short |
| Backpack SOL_USDC_PERPlong | +0.0100% | 1h | 119.21 | long leg | $24.2M | $37.8M | 50x | |
| Variational Omni SOL | +0.0100% | 8h | 119.17 | −0.034% | $27.5M | $128.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.16 | −0.046% | $95.7M | $401.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.21 | 0.000% | $48.8M | $31.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.00 | −0.176% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.26 | +0.042% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.15 | −0.050% | $367K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.17 | −0.036% | $202K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.25 | +0.030% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.21 | 0.000% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.20 | −0.008% | $46.6M | $102.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.23 | +0.014% | $8.7M | $36.1M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0106% | 1h | 119.26 | +0.045% | $26.7M | $27.8M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.24 | +0.025% | $8.3M | $416.6M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.18 | −0.024% | — | $224.8M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.22 | +0.011% | $32.6M | $96.9M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0169% / S −0.0071% | 1h | 119.17 | −0.031% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 119.15 | −0.050% | $1.1M | $550K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.28 | +0.057% | $1.7M | $5.5M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.02 | −0.159% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.20 | −0.008% | $52.0M | $84.0M | 125x | as long as short |
Backpack SOL_USDC_PERP
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
01 Exchange SOLUSD
BingX SOL-USDC
Aftermath Perps SOLUSD
HTX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT