Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.035%

Price spread now: Vest against BingX−0.017%7-day average +0.005% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.091%−$9 on $10k

Price spread, last 7 days+0.014%+$1 · spread now −0.017%, 7d avg +0.005%

Together, before fees−0.077%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Vest is 0.022% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SOL-USDT	116.17	0.0100	pay 0.0100% / 8h	14m 30s	—	$374.3M	—
Short	Vest SOL-PERP	116.15	−0.0036	pay 0.0005% / 1h	14m 30s	—	$649K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$28.66
Price spread: −0.017% → +0.005%: −$2.2
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$42.86
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 5 min ago; Vest: no order-book sample. Net counts fees only.

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, 5 min ago	0.82 bp	5.8 bp −$6	5.8 bp −$58	6.2 bp −$622	11.5 bp −$5,772
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.13	−0.033%	$32.2M	$106.9M	100x	as long as short
Bybit SOLUSDT	−0.0097%	8h	116.15	−0.018%	$733.2M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.27	+0.089%	$1K	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0056%	1h	116.17	−0.002%	$101K	$676K	20x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.36	+0.163%	$4K	$2K	12x	as long as short
Vest SOL-PERPshort	−0.0036%	1h	116.15	−0.017%	—	$649K	20x
Derive SOL-PERP	−0.0026%	1h	116.08	−0.082%	$1.8M	$3.0M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.14	−0.027%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.16	−0.005%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.17	+0.003%	$99K	$3.5M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0005%	1h	116.17	−0.004%	$4.3M	$23.5M	20x	as long as short
Bitget SOLUSDT	+0.0023%	8h	116.16	−0.009%	$479.2M	$456.2M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.14	−0.027%	$7.8M	$398.2M	50x	as long as short
Aster SOLUSDT	+0.0052%	8h	116.15	−0.022%	$176.9M	$168.9M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0071%	8h	116.13	−0.035%	$1.0M	$6.1M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	116.20	+0.025%	$100K	$182K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0081%	1h	116.18	+0.004%	$26.3M	$21.7M	50x	as long as short
Lighter RH SOL	+0.0088%	1h	116.15	−0.022%	$2.2M	$16.8M	25x	as long as short
SoDEX SOL-USD	+0.0090%	1h	116.11	−0.053%	$6.1M	$11.0M	20x	as long as short
Paradex SOL-USD-PERP	+0.0095%	8h	116.20	+0.024%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.15	−0.018%	$13.1M	$60.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.11	−0.050%	$350K	$256K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.11	−0.053%	$64K	$912K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.15	−0.016%	$5.4M	$41.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.24	+0.059%	$695.5M	$408.7M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.22	+0.042%	$15.7M	$130.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.16	−0.012%	$960.4M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.16	−0.009%	$365.9M	$1.76B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.13	−0.035%	$223K	$856K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.18	+0.009%	$923K	$8.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.21	+0.032%	$125.5M	$25.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.15	−0.018%	$843.7M	$669.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.16	−0.009%	$370.8M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.18	+0.005%	$129.2M	$236.2M	75x	as long as short
BingX SOL-USDTlong	+0.0100%	8h	116.17	long leg	—	$374.3M	—
Backpack SOL_USDC_PERP	+0.0100%	1h	116.11	−0.053%	$22.8M	$35.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.09	−0.072%	$24.8M	$107.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.13	−0.038%	$93.3M	$406.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.23	+0.049%	$47.6M	$29.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.24	+0.063%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.10	−0.061%	$1.3M	$11.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.17	−0.001%	$315K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.13	−0.037%	$281K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.12	−0.044%	$26K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.11	−0.049%	$189K	$1.7M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.10	−0.057%	$224.8M	$50.8M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.12	−0.044%	$45.1M	$104.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.12	−0.046%	$8.2M	$36.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.13	−0.039%	—	$236.1M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.21	+0.034%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.08	−0.082%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.11	−0.053%	$51.9M	$65.4M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.12	−0.041%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0452%	1h	116.17	−0.004%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.24	+0.056%	$2.1M	$4.8M	20x	as long as short