Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Aevo against Binance+0.004%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$420.425% of the position

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 3 days (all we have)−0.139%−$14 · spread now +0.004%, 7d avg −0.020%

Together, before fees−0.149%−$15 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: Aevo is 0.024% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	119.42	0.0100	pay 0.0100% / 8h	1h 00m	$983.6M	$3.81B	100x
Short	Aevo SOL-PERP	119.42	0.0096	get 0.0012% / 1h	0m 03s	$354K	$748K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now +0.004%Rate

Funding earned: −$0.84
Price spread: +0.004% → −0.020%: $2.43
Slippage, 4 orders: −$16.49
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$40.9
Costs to cover: 0.425%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Aevo: live order book, 19 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 Binance live order book, 14 min ago	0.42 bp	5.4 bp −$5	5.4 bp −$54	7.4 bp −$744	17.0 bp −$8,488
Sell Aevo live order book, 19 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	−0.0160%	1h	119.43	+0.013%	$37K	$17K	25x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.37	−0.039%	$846	$8K	25x	as long as short
Vest SOL-PERP	−0.0064%	1h	119.33	−0.071%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0052%	1h	119.36	−0.052%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.44	+0.016%	$115K	—	150x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.42	+0.003%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.43	+0.012%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.38	−0.035%	$177K	$4.0M	8.3x	as long as short
Phoenix SOL	+0.0054%	1h	119.28	−0.116%	$6.6M	$13.6M	25x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	119.43	+0.009%	$104K	$157K	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	+0.0071%	8h	119.45	+0.028%	$1.1M	$5.9M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0073%	1h	119.47	+0.039%	$26.7M	$26.2M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.41	−0.006%	—	$372.8M	—	as long as short
HTX SOL-USDT	+0.0082%	8h	119.37	−0.037%	$232.4M	$45.0M	75x	as long as short
Gate SOL_USDT	+0.0086%	8h	119.40	−0.016%	$871.9M	$691.0M	100x	as long as short
Hibachi SOL/USDT-P	+0.0088%	1h	119.29	−0.112%	$118K	$608K	20x	as long as short
Aftermath Perps SOLUSD	+0.0088%	1h	119.23	−0.156%	$24K	$47K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.40	−0.013%	$13.6M	$56.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.39	−0.026%	$2.2M	$17.0M	25x	as long as short
Aevo SOL-PERPshort	+0.0096%	1h	119.42	+0.004%	$354K	$748K	20x
Paradex SOL-USD-PERP	+0.0099%	8h	119.35	−0.057%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.39	−0.024%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.36	−0.048%	$6.1M	$41.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.51	+0.076%	$720.8M	$410.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.43	+0.009%	$178.8M	$175.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.41	−0.009%	$12.4M	$119.0M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	119.42	long leg	$983.6M	$3.81B	100x
Bybit SOLUSDT	+0.0100%	8h	119.44	+0.014%	$830.6M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.39	−0.024%	$373.1M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.28	−0.116%	$233K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.43	+0.008%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.35	−0.058%	$133.8M	$7.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.41	−0.008%	$451.8M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.42	+0.003%	$140.0M	$202.7M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.41	−0.012%	$497.2M	$455.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.44	+0.018%	$24.2M	$37.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.26	−0.134%	$27.3M	$128.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.22	−0.169%	$95.8M	$401.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.21	−0.175%	$48.8M	$31.5M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.17	−0.204%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.29	−0.108%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.40	−0.016%	$370K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.42	−0.003%	$203K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.40	−0.012%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.41	−0.008%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.40	−0.016%	$46.6M	$102.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.38	−0.036%	$8.7M	$36.2M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.44	+0.020%	$8.3M	$417.5M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.42	+0.004%	—	$224.4M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0149%	1h	119.41	−0.007%	$32.7M	$96.9M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0169% / S −0.0071%	1h	119.43	+0.012%	$3.8M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0182%	1h	119.40	−0.017%	$1.1M	$547K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.45	+0.027%	$1.7M	$5.5M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.02	−0.334%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.36	−0.049%	$52.1M	$84.1M	125x	as long as short