Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: BingX against Binance−0.027%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$220.225% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days+0.030%+$3 · spread now −0.027%, 7d avg −0.005%

Together, before fees+0.028%+$3 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: BingX is 0.022% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	117.70	0.0100	pay 0.0100% / 8h	7h 05m	$974.4M	$3.63B	100x
Short	BingX SOL-USDT	117.67	0.0100	get 0.0100% / 8h	7h 05m	—	$354.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → −0.005%: −$2.21
Slippage, 4 orders: −$2.47
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$24.68
Costs to cover: 0.225%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; BingX: live order book, 9 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, 9 min ago	0.43 bp	5.4 bp −$5	5.4 bp −$54	8.8 bp −$884	19.8 bp −$9,911
Sell BingX live order book, 9 min ago	0.81 bp	5.8 bp −$6	5.8 bp −$58	7.5 bp −$747	12.0 bp −$6,016

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
Hotstuff SOL-PERP	−0.0080%	1h	117.90	+0.170%	$1K	$8K	25x	as long as short
Phemex SOLUSDT	−0.0063%	8h	117.69	−0.008%	$45.7M	$101.7M	50x	as long as short
Kraken Futures PF_SOLUSD	−0.0056%	1h	117.78	+0.070%	$32.6M	$99.7M	100x	as long as short
Bybit SOLUSDT	−0.0045%	8h	117.69	−0.005%	$739.7M	$1.32B	100x	as long as short
Vest SOL-PERP	−0.0006%	1h	117.75	+0.040%	—	$520K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.95	+0.214%	$40K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.87	+0.147%	$1.3M	$18.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.73	+0.029%	$100K	$3.0M	8.3x	as long as short
Bitget SOLUSDT	+0.0025%	8h	117.67	−0.026%	$484.5M	$426.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	117.76	+0.050%	$8.1M	$388.0M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOLUSDT	+0.0054%	8h	117.71	+0.008%	$178.9M	$165.1M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0064%	8h	117.72	+0.016%	$1.0M	$5.5M	100x	as long as short
dYdX SOL-USD	+0.0070%	1h	117.84	+0.120%	$8.2M	$21.2M	20x	as long as short
SoDEX SOL-USD	+0.0092%	1h	117.72	+0.017%	$6.2M	$11.1M	20x	as long as short
Lighter SOL	+0.0096%	1h	117.72	+0.014%	$13.2M	$57.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.70	+0.004%	$2.2M	$15.0M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	117.93	+0.192%	$103K	$657K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.68	−0.013%	$359K	$236K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	117.83	+0.110%	$1.0M	$555K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.75	+0.042%	$46K	$831K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.78	+0.070%	$5.5M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.81	+0.093%	$716.6M	$386.1M	20x	as long as short
Pacifica SOL	+0.0100%	1h	117.86	+0.140%	$15.9M	$122.6M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	117.70	long leg	$974.4M	$3.63B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	117.69	−0.008%	$366.6M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.79	+0.076%	$221K	$815K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.80	+0.087%	$978K	$8.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.71	+0.008%	$857.9M	$632.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.68	−0.017%	$425.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.69	−0.006%	$134.2M	$231.9M	75x	as long as short
BingX SOL-USDTshort	+0.0100%	8h	117.67	−0.027%	—	$354.0M	—
Backpack SOL_USDC_PERP	+0.0100%	1h	117.70	0.000%	$23.3M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.85	+0.124%	$25.2M	$101.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.65	−0.046%	$94.4M	$408.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.74	+0.032%	$48.2M	$26.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.73	+0.025%	$1.1M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.92	+0.187%	$1.3M	$10.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.69	−0.008%	$323K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.71	+0.008%	$285K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.73	+0.025%	$28K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.72	+0.015%	$191K	$1.6M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.70	−0.002%	$227.8M	$46.9M	75x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.65	−0.045%	$127.3M	$25.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	117.68	−0.017%	$8.4M	$34.7M	50x	as long as short
01 Exchange SOLUSD	+0.0104%	1h	117.78	+0.068%	$102K	$182K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	117.72	+0.017%	—	$215.5M	500x	as long as short
Phoenix SOL	+0.0124%	1h	117.89	+0.161%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0129%	1h	117.80	+0.087%	$26.5M	$20.1M	50x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−1.155%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0198%	1h	117.65	−0.046%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.69	−0.008%	$51.9M	$59.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0170%	1h	117.90	+0.173%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0407%	1h	117.60	−0.082%	$25K	$53K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	117.76	+0.048%	$2.2M	$4.8M	20x	as long as short