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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment $0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Paradex against BingX−0.104%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.104%, 7d avg +0.004%
Together, before fees+0.019%+ Points / potential airdropParadex: Active · farm board+$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: Paradex is 0.108% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDT118.870.0100pay 0.0100% / 8h2h 54m$373.1M
ShortParadex SOL-USD-PERP118.740.0098get 0.0098% / 8h2h 54m$1.0M$524K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.33
Price spread: −0.104% → +0.004%
−$10.81
Slippage, 4 orders
−$4.29
Fee BingX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$29.43
Costs to cover
0.183%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Paradex: 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, 15 min ago0.29 bp5.5 bp −$55.5 bp −$558.1 bp −$81512.1 bp −$6,065
Sell Paradex live order book, 5 min ago1.76 bp3.8 bp −$49.5 bp −$95doesn't fitdoesn't fit

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
Injective SOL/USDC PERP−0.0151%1h118.68−0.156%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.77−0.081%$2.0M$3.2M13xas long as short
Aftermath Perps SOLUSD−0.0085%1h119.04+0.142%$24K$48K20xas long as short
Vest SOL-PERP−0.0083%1h118.80−0.055%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.79−0.064%$842$8K25xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.89+0.020%$49K150xas long as short
dYdX SOL-USD0.0000%1h118.87+0.003%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m118.76−0.088%$184K$4.1M8.3xas long as short
01 Exchange SOLUSD+0.0056%1h118.80−0.056%$104K$153K20xas long as short
Orderly PERP_SOL_USDC+0.0056%8h118.86−0.005%$1.1M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0063%1h118.94+0.059%$26.7M$27.8M50xas long as short
HTX SOL-USDT+0.0070%8h118.81−0.051%$231.5M$43.8M75xas long as short
Gate SOL_USDT+0.0079%8h118.82−0.039%$857.6M$673.7M100xas long as short
KuCoin SOLUSDTM+0.0086%8h118.76−0.087%$144.9M$197.0M75xas long as short
Lighter SOL+0.0096%1h118.92+0.046%$13.4M$52.8M25xas long as short
Lighter RH SOL+0.0096%1h118.86−0.007%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.89+0.017%$353K$746K20xas long as short
Bitget SOLUSDT+0.0097%8h118.85−0.010%$496.2M$451.6M100xas long as short
Paradex SOL-USD-PERPshort+0.0098%8h118.74−0.104%$1.0M$524K50x
Katana Perps SOL-USD+0.0100%8h118.81−0.047%$47K$781K20xas long as short
Nado SOL-PERP+0.0100%1h118.75−0.102%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.88+0.012%$717.4M$423.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.81−0.047%$179.3M$174.3M100xas long as short
Pacifica SOL+0.0100%1h118.88+0.012%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.87+0.003%$974.4M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h118.87+0.003%$822.7M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.83−0.030%$368.6M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.78−0.072%$233K$867K10xas long as short
Arcus SOL-USD+0.0100%1h118.87+0.001%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.09+0.186%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.82−0.039%$472.7M$1.07B300xas long as short
BingX SOL-USDTlong+0.0100%8h118.87long leg$373.1M
Backpack SOL_USDC_PERP+0.0100%1h119.19+0.273%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.07+0.175%$27.7M$126.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.93+0.054%$95.5M$395.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.07+0.173%$48.7M$33.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.99+0.104%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.10+0.197%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.77−0.081%$360K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.81−0.044%$200K$1.8M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.86−0.008%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.83−0.027%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.86−0.005%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.85−0.013%$46.4M$99.8M50xas long as short
Extended SOL-USD+0.0104%1h118.83−0.027%$8.7M$37.3M50xas long as short
Kalshi KXSOLPERP+0.0104%8h119.14+0.230%$1.2M$20.9M3.1xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.92+0.045%$8.1M$414.4M50xas long as short
Hibachi SOL/USDT-P+0.0120%1h119.02+0.133%$123K$621K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.98+0.095%$217.6M500xas long as short
Phoenix SOL+0.0149%1h119.15+0.239%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h118.84−0.022%$1.6M$6.2M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.80−0.058%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.18+0.264%$52.0M$91.2M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.90+0.025%$36.2M$90.2M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0175%1h118.88+0.012%$3.5M200xas long as short