Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.011%

Price spread now: Extended against BingX+0.005%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$180.183% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SOL-USDC	117.32	0.0080	pay 0.0080% / 8h	5h 45m	—	$10.6M	—
Short	Extended SOL-USD	117.33	0.0104	get 0.0013% / 1h	45m 53s	$8.2M	$36.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BingXbpFee ExtendedbpOrdersPrice spread, now +0.005%Rate

Funding earned: $5.04
Price spread: +0.005% → 0.000%: $0.5
Slippage, 4 orders: −$3.28
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$12.74
Costs to cover: 0.183%
Break-even: 24.7 days

Slippage from BingX: live order book, 7 min ago; Extended: live order book, 3 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 BingX live order book, 7 min ago	0.38 bp	5.5 bp −$6	8.3 bp −$83	13.5 bp −$1,352	28.2 bp −$14.1K
Sell Extended live order book, 3 min ago	0.43 bp	2.9 bp −$3	3.5 bp −$35	6.5 bp −$646	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
Hotstuff SOL-PERP	−0.0080%	1h	117.26	−0.053%	$917	$8K	25x	as long as short
Vest SOL-PERP	−0.0059%	1h	117.29	−0.030%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.36	+0.035%	$31.4M	$98.0M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.30	−0.019%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.38	+0.054%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.29	−0.028%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.32	−0.003%	$1.4M	$19.4M	3.1x	as long as short
HTX SOL-USDT	+0.0043%	8h	117.33	+0.008%	$227.9M	$45.6M	75x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	117.35	+0.025%	$100K	$162K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.37	+0.038%	$8.0M	$402.2M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SOL-USDClong	+0.0080%	8h	117.32	long leg	—	$10.6M	—
Hibachi SOL/USDT-P	+0.0080%	1h	117.28	−0.034%	$100K	$690K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0087%	1h	117.42	+0.082%	$26.4M	$25.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.38	+0.046%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.35	+0.026%	$13.0M	$59.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.35	+0.024%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.39	+0.056%	$344K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.28	−0.035%	$67K	$831K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.30	−0.016%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.36	+0.038%	$5.7M	$39.6M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.35	+0.025%	$176.1M	$176.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.33	+0.007%	$14.5M	$127.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.36	+0.036%	$966.5M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.37	+0.043%	$819.2M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.36	+0.033%	$365.6M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.21	−0.095%	$237K	$847K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.30	−0.015%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.40	+0.067%	$134.9M	$15.4M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.37	+0.042%	$858.2M	$645.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.35	+0.025%	$423.7M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.34	+0.020%	$130.1M	$211.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.34	+0.019%	$486.4M	$432.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.38	+0.050%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.36	+0.037%	$24.3M	$119.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.31	−0.011%	$94.2M	$400.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.56	+0.205%	$48.1M	$28.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.29	−0.026%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.28	−0.035%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.36	+0.033%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.38	+0.053%	$200K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.34	+0.020%	$25K	$27K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.37	+0.040%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.37	+0.042%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.34	+0.016%	$45.7M	$100.3M	50x	as long as short
Extended SOL-USDshort	+0.0104%	1h	117.33	+0.005%	$8.2M	$36.0M	50x
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.21	−0.098%	—	$220.8M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.38	+0.050%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.37	+0.040%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0156%	1h	117.49	+0.144%	$717.4M	$393.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.36	+0.031%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.38	+0.050%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.21	−0.095%	—	$70.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.38	+0.051%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0379%	1h	117.43	+0.097%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.37	+0.043%	$127K	$3.8M	8.3x	as long as short