Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h 0.000%

Price spread now: StandX against Bitget+0.149%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on Bitget Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 7 days−0.139%−$14 · spread now +0.149%, 7d avg +0.028%

Together, before fees−0.029%+ Points / potential airdropStandX: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and StandX is 0.121% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SOLUSDT	115.67	0.0069	pay 0.0069% / 8h	2h 31m	$479.6M	$455.5M	100x
Short	StandX SOL-USD	115.84	0.0100	get 0.0013% / 1h	31m 47s	$1.3M	$12.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Bitget. 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 BitgetbpFee StandXbpOrdersPrice spread, now +0.149%Rate

Funding earned: $6.51
Price spread: +0.149% → +0.028%: $12.09
Slippage, 4 orders: −$15.74
Fee Bitget: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$17.14
Costs to cover: 0.357%
Break-even: 25.4 days

Slippage from Bitget: live order book, 2 min ago; StandX: live order book, 2 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 Bitget live order book, 2 min ago	0.04 bp	7.7 bp −$8	8.8 bp −$88	14.9 bp −$1,491	doesn't fit
Sell StandX live order book, 2 min ago	3.45 bp	8.3 bp −$8	8.8 bp −$88	doesn't fit	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
Kraken Futures PF_SOLUSD	−0.0241%	1h	115.79	+0.101%	$31.7M	$103.8M	100x	as long as short
Hibachi SOL/USDT-P	−0.0200%	1h	115.86	+0.164%	$104K	$693K	20x	as long as short
Derive SOL-PERP	−0.0125%	1h	115.71	+0.039%	$1.9M	$2.9M	13x	as long as short
Bybit SOLUSDT	−0.0116%	8h	115.70	+0.028%	$739.9M	$1.42B	100x	as long as short
BingX SOL-USDC	−0.0115%	8h	115.73	+0.054%	—	$10.6M	—	as long as short
Vest SOL-PERP	−0.0100%	1h	115.81	+0.126%	—	$625K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.05	+0.333%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.82	+0.132%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.86	+0.169%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	115.80	+0.112%	$113K	$3.7M	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	+0.0014%	1h	115.86	+0.167%	$4.3M	$24.6M	20x	as long as short
01 Exchange SOLUSD	+0.0016%	1h	115.90	+0.201%	$99K	$176K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	115.81	+0.123%	$7.8M	$403.5M	50x	as long as short
Bitget SOLUSDTlong	+0.0069%	8h	115.67	long leg	$479.6M	$455.5M	100x
Bullet SOL-USD	+0.0087%	1h	115.81	+0.125%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0096%	8h	115.83	+0.136%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	115.79	+0.103%	$12.9M	$60.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	115.77	+0.090%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	115.80	+0.114%	$348K	$247K	20x	as long as short
Aster SOLUSDT	+0.0099%	8h	115.74	+0.063%	$173.6M	$184.4M	100x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	115.82	+0.131%	$62K	$911K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.88	+0.185%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.80	+0.114%	$5.2M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.85	+0.157%	$686.3M	$399.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	115.92	+0.214%	$15.5M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.75	+0.071%	$961.2M	$3.88B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.69	+0.019%	$360.8M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.85	+0.157%	$216K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.91	+0.207%	$915K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	115.84	+0.150%	$125.6M	$19.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	115.74	+0.062%	$838.6M	$666.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.76	+0.080%	$359.5M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	115.74	+0.062%	$124.3M	$229.2M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	115.78	+0.097%	$22.8M	$40.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.00	+0.284%	$24.8M	$114.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.13	+0.397%	$93.2M	$406.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.99	+0.278%	$47.5M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.19	+0.450%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USDshort	+0.0100%	1h	115.84	+0.149%	$1.3M	$12.0M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	115.82	+0.131%	$317K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.80	+0.114%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	115.83	+0.136%	$188K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	115.78	+0.097%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.74	+0.060%	$224.4M	$50.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	115.83	+0.140%	$45.1M	$104.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.71	+0.038%	$7.9M	$38.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.88	+0.187%	—	$239.4M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0121%	1h	115.82	+0.134%	$26.2M	$21.9M	50x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.763%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.11	+0.382%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.77	+0.090%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	115.81	+0.123%	$51.8M	$67.8M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.82	+0.133%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	115.94	+0.239%	$2.0M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0599%	1h	115.99	+0.279%	$25K	$53K	20x	as long as short