Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
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 +0.008%
Price spread now: Bybit against BingX+0.006%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 7 days−0.005%−$1 · spread now +0.006%, 7d avg +0.052%
Together, before fees−0.049%−$5 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: Bybit is 0.047% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDC119.030.0100pay 0.0100% / 8h3h 04m$10.5M
ShortBybit SOLUSDT119.030.0100get 0.0100% / 8h3h 04m$821.3M$1.26B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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

Funding earned
$0
Price spread: +0.006% → +0.052%
−$4.65
Slippage, 4 orders
−$3.46
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$29.11
Costs to cover
0.245%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago0.42 bp5.9 bp −$68.8 bp −$8813.6 bp −$1,35524.8 bp −$12.4K
Sell Bybit live order book, 5 min ago0.42 bp6.8 bp −$77.5 bp −$7511.1 bp −$1,10821.6 bp −$10.8K

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SOL-PERP−0.0086%1h118.98−0.044%$731K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.04+0.014%$844$8K25xas long as short
Aftermath Perps SOLUSD−0.0079%1h118.89−0.118%$24K$48K20xas long as short
Derive SOL-PERP−0.0065%1h118.95−0.061%$2.0M$3.2M13xas long as short
dYdX SOL-USD−0.0010%1h119.07+0.038%$4.9M$26.8M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.07+0.036%$49K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.08+0.049%$1.2M$21.0M3.1xas long as short
Perpl SOL0.0000%43m119.06+0.032%$193K$4.1M8.3xas long as short
01 Exchange SOLUSD+0.0032%1h119.08+0.045%$104K$154K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0039%1h119.09+0.053%$26.7M$27.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0055%8h119.03+0.006%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0058%8h119.00−0.023%$231.9M$43.8M75xas long as short
Gate SOL_USDT+0.0075%8h119.02−0.006%$858.6M$684.7M100xas long as short
KuCoin SOLUSDTM+0.0080%8h119.04+0.010%$147.3M$195.0M75xas long as short
ApeX Omni SOLUSDT+0.0083%1h119.03+0.003%$1.5M$6.3M50xas long as short
Bitget SOLUSDT+0.0095%8h119.03+0.003%$496.8M$451.0M100xas long as short
Lighter SOL+0.0096%1h119.03−0.002%$13.5M$53.1M25xas long as short
Lighter RH SOL+0.0096%1h119.01−0.013%$2.0M$17.1M25xas long as short
Aevo SOL-PERP+0.0096%1h119.00−0.022%$354K$749K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h119.03+0.003%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.04+0.011%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h119.03+0.005%$5.6M$40.8M40xas long as short
Hyperliquid SOL+0.0100%1h119.14+0.095%$718.8M$441.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.05+0.018%$180.1M$175.2M100xas long as short
Pacifica SOL+0.0100%1h119.07+0.036%$12.4M$112.4M20xas long as short
Binance SOLUSDT+0.0100%8h119.02−0.008%$977.7M$3.75B100xas long as short
Bybit SOLUSDTshort+0.0100%8h119.03+0.006%$821.3M$1.26B100x
OKX SOL-USDT-SWAP+0.0100%8h119.04+0.011%$367.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.00−0.023%$233K$867K10xas long as short
Arcus SOL-USD+0.0100%1h119.08+0.047%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.55−0.401%$132.6M$13.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.01−0.014%$479.7M$1.08B300xas long as short
BingX SOL-USDClong+0.0100%8h119.03long leg$10.5M
Backpack SOL_USDC_PERP+0.0100%1h119.08+0.045%$24.2M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.03+0.001%$27.7M$126.1Mas long as short
edgeX SOLUSDC+0.0100%4h118.98−0.036%$95.6M$394.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.93−0.081%$48.7M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.10+0.061%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.04+0.011%$361K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.04+0.009%$200K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.03+0.006%$38K$14K25xas long as short
SunX SOL-USDT+0.0100%8h119.01−0.013%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.01−0.014%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.05+0.019%$46.4M$100.0M50xas long as short
Extended SOL-USD+0.0104%1h118.99−0.031%$8.7M$37.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0104%1h119.07+0.037%$8.1M$414.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.08+0.046%$218.0M500xas long as short
Hibachi SOL/USDT-P+0.0128%1h118.96−0.054%$123K$607K20xas long as short
Kraken Futures PF_SOLUSD+0.0131%1h119.05+0.016%$36.2M$90.5M100xas long as short
Phoenix SOL+0.0149%1h118.86−0.140%$7.3M$11.3M25xas long as short
RISEx SOL/USDC+0.0160%1h119.09+0.052%$1.6M$6.4M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.04+0.008%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.07+0.036%$51.8M$90.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0240% / S −0.0185%1h119.07+0.037%$3.6M200xas long as short
Injective SOL/USDC PERP+0.0533%1h118.68−0.292%$4K$2K12xas long as short