Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.025%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$140.137% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.025%, 7d avg −0.002%

Together, before fees+0.023%+$2 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: MEXC is 0.023% 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 −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	118.69	0.0100	pay 0.0100% / 8h	2h 39m	$970.4M	$3.74B	100x
Short	MEXC SOL_USDT	118.66	0.0100	get 0.0100% / 8h	2h 39m	$466.4M	$1.08B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → −0.002%: −$2.34
Slippage, 4 orders: −$1.68
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$16.02
Costs to cover: 0.137%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago	0.42 bp	5.4 bp −$5	5.7 bp −$57	9.5 bp −$947	17.9 bp −$8,951
Sell MEXC live order book, 5 min ago	0.42 bp	1.4 bp −$1	1.4 bp −$14	2.4 bp −$237	3.5 bp −$1,762

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	118.89	+0.169%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.61	−0.064%	$2.0M	$3.2M	13x	as long as short
Vest SOL-PERP	−0.0080%	1h	118.64	−0.046%	—	$724K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.75	+0.051%	$842	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0033%	1h	118.81	+0.102%	$24K	$48K	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.70	+0.007%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.70	+0.009%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.65	−0.032%	$179K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	118.73	+0.037%	$26.6M	$27.7M	50x	as long as short
dYdX SOL-USD	0.0000%	1h	118.73	+0.035%	$4.9M	$26.8M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni SOLUSDT	+0.0042%	1h	118.74	+0.042%	$1.5M	$6.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0060%	8h	118.70	+0.009%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0068%	8h	118.58	−0.089%	$231.0M	$43.6M	75x	as long as short
BingX SOL-USDC	+0.0070%	8h	118.71	+0.015%	—	$10.5M	—	as long as short
01 Exchange SOLUSD	+0.0072%	1h	118.68	−0.008%	$104K	$151K	20x	as long as short
Gate SOL_USDT	+0.0082%	8h	118.65	−0.034%	$856.7M	$678.5M	100x	as long as short
Hibachi SOL/USDT-P	+0.0088%	1h	118.79	+0.087%	$123K	$606K	20x	as long as short
Lighter SOL	+0.0096%	1h	118.65	−0.030%	$13.4M	$53.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.64	−0.041%	$2.0M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.67	−0.017%	$353K	$741K	20x	as long as short
KuCoin SOLUSDTM	+0.0097%	8h	118.64	−0.040%	$143.3M	$196.6M	75x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.66	−0.028%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.66	−0.025%	$45K	$780K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.72	+0.029%	$5.5M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.77	+0.067%	$716.1M	$412.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.68	−0.008%	$178.7M	$174.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.74	+0.044%	$12.4M	$114.1M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	118.69	long leg	$970.4M	$3.74B	100x
Bybit SOLUSDT	+0.0100%	8h	118.67	−0.013%	$821.0M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.64	−0.042%	$369.3M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.76	+0.059%	$233K	$861K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.72	+0.025%	$1.9M	$8.9M	20x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	118.66	−0.025%	$466.4M	$1.08B	300x
Bitget SOLUSDT	+0.0100%	8h	118.67	−0.016%	$495.5M	$448.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.68	−0.008%	$24.2M	$38.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.76	+0.055%	$27.4M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.71	+0.018%	$95.3M	$397.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.74	+0.044%	$48.6M	$33.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.80	+0.093%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.65	−0.034%	$363K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.67	−0.013%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.68	−0.011%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.67	−0.015%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.64	−0.042%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.64	−0.042%	$46.3M	$99.9M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.71	+0.016%	$133.1M	$11.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	118.65	−0.030%	$8.6M	$37.1M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.68	−0.010%	$8.1M	$413.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.67	−0.014%	—	$217.3M	500x	as long as short
Phoenix SOL	+0.0154%	1h	118.79	+0.084%	$6.7M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0091%	1h	118.70	+0.007%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0175%	1h	118.68	−0.008%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.65	−0.034%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.63	−0.051%	$51.6M	$86.7M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.66	−0.021%	$36.0M	$89.7M	100x	as long as short