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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0112%/8h= +12.2% APRpaid last 24h +0.046%
Price spread now: RISEx against BingX+0.126%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.098%+$10 on $10k
Price spread, last 7 days−0.121%−$12 · spread now +0.126%, 7d avg −0.002%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.128% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDT119.210.0080pay 0.0080% / 8h1h 52m$374.9M
ShortRISEx SOL/USDC119.360.0192get 0.0024% / 1h52m 40s$1.6M$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$23.44
Price spread: +0.126% → −0.002%
$12.82
Slippage, 4 orders
−$5.84
Fee BingX: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$14.42
Costs to cover
0.218%
Break-even
2.7 days
Slippage from BingX: live order book, 16 min ago; RISEx: live order book, 1 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, 16 min ago0.80 bp5.8 bp −$65.8 bp −$587.1 bp −$70611.0 bp −$5,499
Sell RISEx live order book, 1 min ago0.04 bp3.7 bp −$46.0 bp −$60doesn'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
Derive SOL-PERP−0.0094%1h119.17−0.030%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.47+0.215%$847$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.29+0.066%$724K20xas long as short
dYdX SOL-USD−0.0005%1h119.29+0.066%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.29+0.068%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.41+0.165%$1.2M$20.7M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.46+0.211%$120K$625K20xas long as short
Perpl SOL0.0000%43m119.32+0.089%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0013%1h119.31+0.083%$26.8M$27.6M50xas long as short
Phoenix SOL+0.0054%1h119.37+0.133%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0059%1h119.31+0.084%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0065%8h119.28+0.056%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0068%8h119.37+0.137%$232.5M$44.7M75xas long as short
BingX SOL-USDTlong+0.0080%8h119.21long leg$374.9M
Gate SOL_USDT+0.0093%8h119.19−0.018%$867.7M$675.6M100xas long as short
Lighter SOL+0.0096%1h119.29+0.065%$13.6M$54.9M25xas long as short
Lighter RH SOL+0.0096%1h119.28+0.055%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.36+0.125%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.24+0.021%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.38+0.138%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.31+0.083%$46K$791K20xas long as short
Nado SOL-PERP+0.0100%1h119.29+0.062%$6.3M$42.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.35+0.117%$719.9M$413.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.27+0.047%$178.8M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.32+0.095%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.29+0.066%$977.9M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.31+0.079%$823.9M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.27+0.049%$371.8M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.44+0.192%$233K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.37+0.133%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.132%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.22+0.008%$437.2M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.20−0.005%$140.7M$199.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.27+0.053%$495.8M$455.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.23+0.016%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.31+0.087%$27.4M$127.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.37+0.135%$95.9M$397.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.47+0.219%$48.9M$32.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.46+0.209%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.49+0.234%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30+0.075%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27+0.046%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.28+0.054%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.26+0.038%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.26+0.041%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.25+0.033%$46.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.16−0.042%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.27+0.052%$8.2M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.40+0.156%$222.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.26+0.037%$32.8M$94.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.29+0.063%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0180%1h119.27+0.048%$1.1M$558K25xas long as short
RISEx SOL/USDCshort+0.0192%1h119.36+0.126%$1.6M$6.0M20x
Injective SOL/USDC PERP+0.0213%1h119.41+0.167%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.23+0.016%$51.9M$87.0M125xas long as short