Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bitget+0.036%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$570.575% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.075%−$7 · spread now +0.036%, 7d avg −0.011%

Together, before fees+0.035%+$4 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: SunX is 0.047% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SOLUSDT	118.62	0.0100	pay 0.0100% / 8h	7h 44m	$492.3M	$446.6M	100x
Short	SunX SOL-USDT	118.66	0.0100	get 0.0100% / 8h	7h 44m	$193K	$1.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → −0.011%: $4.71
Slippage, 4 orders: −$37.48
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$52.77
Costs to cover: 0.575%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; SunX: live order book, 11 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, 5 min ago	0.04 bp	7.2 bp −$7	8.9 bp −$89	14.7 bp −$1,471	doesn't fit
Sell SunX live order book, 11 min ago	3.41 bp	20.5 bp −$21	31.5 bp −$315	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
Hotstuff SOL-PERP	−0.0080%	1h	118.68	+0.054%	$841	$8K	25x	as long as short
Vest SOL-PERP	−0.0077%	1h	118.57	−0.038%	—	$610K	20x	as long as short
Derive SOL-PERP	−0.0062%	1h	118.55	−0.054%	$2.0M	$2.8M	13x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	118.63	+0.015%	$32.4M	$96.6M	100x	as long as short
dYdX SOL-USD	−0.0007%	1h	118.69	+0.063%	$4.8M	$26.8M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.65	+0.026%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.68	+0.058%	$1.2M	$20.5M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.68	+0.053%	$154K	$3.9M	8.3x	as long as short
HTX SOL-USDT	+0.0042%	8h	118.56	−0.045%	$230.7M	$44.8M	75x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0049%	1h	118.68	+0.050%	$26.6M	$25.1M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0056%	1h	118.65	+0.029%	$104K	$159K	20x	as long as short
ApeX Omni SOLUSDT	+0.0061%	1h	118.57	−0.037%	$1.5M	$6.1M	50x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	118.61	−0.007%	$121K	$633K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0079%	8h	118.64	+0.024%	$1.0M	$5.9M	100x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.63	+0.015%	—	$10.6M	—	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.67	+0.046%	$8.1M	$412.8M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.62	+0.002%	$14.0M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.63	+0.008%	$2.1M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.64	+0.020%	$348K	$258K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.68	+0.057%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.64	+0.020%	$47K	$786K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.63	+0.016%	$5.8M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.72	+0.088%	$718.9M	$404.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.63	+0.012%	$178.2M	$176.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.70	+0.074%	$12.2M	$123.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.64	+0.021%	$977.8M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.67	+0.046%	$821.8M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.67	+0.046%	$370.4M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.65	+0.029%	$232K	$860K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.70	+0.073%	$1.9M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.55	−0.055%	$133.5M	$4.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	118.62	+0.003%	$858.2M	$661.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.62	+0.003%	$426.2M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.68	+0.051%	$137.8M	$207.2M	75x	as long as short
Bitget SOLUSDTlong	+0.0100%	8h	118.62	long leg	$492.3M	$446.6M	100x
Backpack SOL_USDC_PERP	+0.0100%	1h	118.69	+0.062%	$24.1M	$37.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.61	−0.008%	$26.9M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.53	−0.074%	$95.2M	$404.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.57	−0.042%	$48.6M	$30.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.56	−0.047%	$1.3M	$13.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.62	+0.003%	$359K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.61	−0.003%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.63	+0.013%	$37K	$17K	25x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	118.66	+0.036%	$193K	$1.9M	30x
SoDEX SOL-USD	+0.0100%	1h	118.62	+0.003%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.65	+0.029%	$46.5M	$101.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.61	−0.009%	$8.7M	$35.2M	50x	as long as short
Phoenix SOL	+0.0114%	1h	118.68	+0.054%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.67	+0.048%	—	$222.5M	500x	as long as short
Aftermath Perps SOLUSD	+0.0150%	1h	118.65	+0.029%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.67	+0.045%	$1.8M	$4.6M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0165% / S −0.0065%	1h	118.63	+0.009%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	118.66	+0.037%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0185%	1h	118.58	−0.028%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.55	−0.056%	$51.9M	$78.9M	125x	as long as short