Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Gate against Binance−0.017%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.017%, 7d avg −0.007%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	115.89	0.0100	pay 0.0100% / 8h	2h 32m	$962.4M	$3.88B	100x
Short	Gate SOL_USDT	115.87	0.0100	get 0.0100% / 8h	2h 32m	$839.7M	$666.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → −0.007%: −$1.06
Slippage, 4 orders: −$2.18
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$28.24
Costs to cover: 0.272%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Gate: 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 Binance live order book, 12 min ago	0.43 bp	5.4 bp −$5	6.5 bp −$65	9.9 bp −$992	20.0 bp −$10.0K
Sell Gate live order book, 1 min ago	0.43 bp	8.4 bp −$8	13.2 bp −$132	17.8 bp −$1,777	26.9 bp −$13.4K

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
Kraken Futures PF_SOLUSD	−0.0241%	1h	115.81	−0.066%	$31.7M	$103.8M	100x	as long as short
Hibachi SOL/USDT-P	−0.0200%	1h	115.86	−0.028%	$104K	$693K	20x	as long as short
Derive SOL-PERP	−0.0125%	1h	115.70	−0.161%	$1.9M	$2.9M	13x	as long as short
Bybit SOLUSDT	−0.0116%	8h	115.83	−0.052%	$740.7M	$1.42B	100x	as long as short
BingX SOL-USDT	−0.0115%	8h	115.86	−0.025%	—	$368.3M	—	as long as short
Vest SOL-PERP	−0.0103%	1h	115.80	−0.075%	—	$625K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.05	+0.141%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.79	−0.086%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.83	−0.053%	$1.5M	$19.2M	3.1x	as long as short
Perpl SOL	0.0000%	43m	115.81	−0.066%	$113K	$3.7M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0014%	1h	115.86	−0.025%	$4.3M	$24.6M	20x	as long as short
01 Exchange SOLUSD	+0.0016%	1h	115.90	+0.009%	$99K	$176K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	115.81	−0.072%	$7.8M	$403.7M	50x	as long as short
Bitget SOLUSDT	+0.0069%	8h	115.85	−0.035%	$480.3M	$455.4M	100x	as long as short
Bullet SOL-USD	+0.0083%	1h	115.77	−0.100%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	115.80	−0.079%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	115.86	−0.025%	$12.9M	$60.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	115.83	−0.052%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	115.80	−0.077%	$348K	$247K	20x	as long as short
Aster SOLUSDT	+0.0099%	8h	115.86	−0.026%	$173.7M	$184.2M	100x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	115.82	−0.060%	$62K	$911K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.88	−0.007%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.80	−0.077%	$5.2M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.92	+0.026%	$686.7M	$399.2M	20x	as long as short
Pacifica SOL	+0.0100%	1h	115.92	+0.022%	$15.5M	$130.6M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	115.89	long leg	$962.4M	$3.88B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	115.80	−0.078%	$361.1M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.85	−0.035%	$216K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.91	+0.016%	$915K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	115.84	−0.042%	$125.6M	$19.8M	20x	as long as short
Gate SOL_USDTshort	+0.0100%	8h	115.87	−0.017%	$839.7M	$666.7M	100x
MEXC SOL_USDT	+0.0100%	8h	115.89	0.000%	$358.8M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	115.88	−0.011%	$124.2M	$229.2M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	115.83	−0.052%	$22.8M	$40.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.00	+0.092%	$24.8M	$114.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.13	+0.205%	$93.2M	$406.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.99	+0.086%	$47.5M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.19	+0.257%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	115.84	−0.043%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	115.76	−0.112%	$318K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.77	−0.100%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	115.79	−0.090%	$188K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	115.79	−0.086%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.77	−0.100%	$224.2M	$50.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	115.84	−0.043%	$45.1M	$104.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.79	−0.084%	$7.9M	$38.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.79	−0.089%	—	$239.4M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0120%	1h	115.85	−0.030%	$26.2M	$22.0M	50x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.570%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.11	+0.190%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.75	−0.124%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	115.81	−0.069%	$51.8M	$67.8M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.78	−0.095%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	115.94	+0.047%	$2.0M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0604%	1h	116.02	+0.115%	$25K	$53K	20x	as long as short