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−0.0020%/8h= −2.2% APRpaid last 24h −0.008%
Price spread now: BingX against Bulk+0.359%7-day average −0.005% · 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−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.012%−$1 on $10k
Price spread, last 7 days−0.375%−$37 · spread now +0.359%, 7d avg −0.005%
Together, before fees−0.387%−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.364% dearer against Bulk than usual: you sell high and buy low (spread +0.359% now, against its 7-day average of −0.005%): +$36 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SOL-USD118.850.0100pay 0.0013% / 1h2m 01s$133.1M$7.6M20x
ShortBingX SOL-USDT119.280.0080get 0.0080% / 8h1h 02m$372.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bulk. 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
−$4.2
Price spread: +0.359% → −0.005%
$36.42
Slippage, 4 orders
−$9.98
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
$5.24
Costs to cover
0.270%
Break-even
from the start
Slippage from Bulk: live order book, 2 min ago; BingX: live order book, 2 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 Bulk live order book, 2 min ago4.19 bp7.7 bp −$87.7 bp −$777.7 bp −$76913.2 bp −$6,618
Sell BingX live order book, 2 min ago0.80 bp5.8 bp −$65.8 bp −$587.1 bp −$71411.1 bp −$5,533

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
Bluefin SOL-PERP−0.0178%1h119.25+0.338%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27+0.351%$846$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.20+0.296%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.20+0.294%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.29+0.369%$115K150xas long as short
dYdX SOL-USD−0.0001%1h119.26+0.348%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.28+0.363%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.27+0.352%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h119.23+0.320%$6.5M$13.6M25xas long as short
01 Exchange SOLUSD+0.0064%1h119.26+0.345%$104K$156K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0070%8h119.28+0.358%$1.1M$5.9M100xas long as short
BingX SOL-USDTshort+0.0080%8h119.28+0.359%$372.5M
Hibachi SOL/USDT-P+0.0080%1h119.21+0.303%$118K$608K20xas long as short
HTX SOL-USDT+0.0082%8h119.20+0.297%$232.0M$45.0M75xas long as short
Aftermath Perps SOLUSD+0.0083%1h119.16+0.264%$24K$47K20xas long as short
Gate SOL_USDT+0.0088%8h119.26+0.345%$870.6M$690.4M100xas long as short
Lighter SOL+0.0096%1h119.27+0.353%$13.6M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h119.25+0.338%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16+0.265%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.25+0.334%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.25+0.337%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.27+0.353%$6.1M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.36+0.428%$720.1M$410.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.27+0.357%$178.6M$175.6M100xas long as short
Pacifica SOL+0.0100%1h119.30+0.379%$12.3M$119.0M20xas long as short
Binance SOLUSDT+0.0100%8h119.28+0.363%$982.6M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.32+0.395%$829.6M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.28+0.362%$372.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18+0.278%$233K$876K10xas long as short
Arcus SOL-USD+0.0100%1h119.29+0.369%$1.9M$9.0M20xas long as short
Bulk SOL-USDlong+0.0100%1h118.85long leg$133.1M$7.6M20x
MEXC SOL_USDT+0.0100%8h119.27+0.353%$454.0M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29+0.369%$139.7M$202.5M75xas long as short
Bitget SOLUSDT+0.0100%8h119.27+0.349%$496.6M$455.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.28+0.362%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.17+0.268%$27.5M$128.4Mas long as short
edgeX SOLUSDC+0.0100%4h119.16+0.257%$95.7M$401.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.21+0.303%$48.8M$31.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.00+0.126%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.20+0.294%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.26+0.345%$369K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27+0.355%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.27+0.350%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.27+0.353%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.26+0.345%$46.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.25+0.334%$8.7M$36.1M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.30+0.380%$8.3M$416.8M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0116%1h119.33+0.402%$26.7M$27.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25+0.335%$224.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.28+0.361%$32.6M$96.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0169% / S −0.0071%1h119.28+0.365%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.24+0.329%$1.1M$549K25xas long as short
RISEx SOL/USDC+0.0192%1h119.28+0.360%$1.7M$5.5M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.02+0.143%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.20+0.294%$52.0M$84.0M125xas long as short