Funding you earn now, next payment 16:00 UTC+0.0141%/8h= +15.5% APRnext payment +$1.41 per $10,000 · paid last 24h +0.019%
Price spread now: Binance against Bybit+0.028%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.028%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOLUSDT | 117.18 | −0.0047 | get 0.0047% / 8h | 6h 22m | $734.7M | $1.27B | 100x |
| Short | Binance SOLUSDT | 117.21 | 0.0094 | get 0.0094% / 8h | 6h 22m | $968.0M | $3.51B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $29.67
- Price spread: +0.028% → +0.003%
- $2.55
- Slippage, 4 orders
- −$2.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $8.36
- Costs to cover
- 0.239%
- Break-even
- 5.0 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 15 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 Bybit live order book, 5 min ago | 0.43 bp | 7.1 bp −$7 | 8.1 bp −$81 | 12.5 bp −$1,252 | 24.8 bp −$12.4K |
| Sell Binance live order book, 15 min ago | 0.43 bp | 5.4 bp −$5 | 5.9 bp −$59 | 8.6 bp −$862 | 19.4 bp −$9,723 |
SOL on 54 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0872% | 1h | 117.28 | +0.084% | $27K | $35K | 25x | as long as short |
| Hibachi SOL/USDT-P | −0.0160% | 1h | 117.15 | −0.027% | $100K | $651K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.17 | −0.006% | $1K | $8K | 25x | as long as short |
| Bybit SOLUSDTlong | −0.0047% | 8h | 117.18 | long leg | $734.7M | $1.27B | 100x | |
| Vest SOL-PERP | −0.0001% | 1h | 117.24 | +0.045% | — | $287K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.29 | +0.089% | $39K | — | 150x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.21 | +0.025% | $100K | $2.9M | 8.3x | as long as short |
| Bitget SOLUSDT | +0.0027% | 8h | 117.23 | +0.038% | $483.3M | $414.4M | 100x | as long as short |
| Injective SOL/USDC PERP | +0.0033% | 1h | 116.85 | −0.283% | $4K | $122 | 12x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 117.28 | +0.084% | $8.4M | $377.0M | 50x | as long as short |
Show all 54 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SOLUSDT | +0.0044% | 8h | 117.21 | +0.025% | $177.8M | $159.0M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0054% | 1h | 117.31 | +0.111% | $26.4M | $18.7M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0056% | 8h | 117.28 | +0.079% | $1.0M | $5.3M | 100x | as long as short |
| Gate SOL_USDT | +0.0057% | 8h | 117.26 | +0.067% | $851.9M | $599.0M | 100x | as long as short |
| SoDEX SOL-USD | +0.0060% | 1h | 117.25 | +0.058% | $6.2M | $11.1M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 117.30 | +0.101% | $101K | $181K | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0087% | 1h | 117.24 | +0.046% | $1.1M | $6.7M | 50x | as long as short |
| MEXC SOL_USDT | +0.0093% | 8h | 117.23 | +0.041% | $429.7M | $993.0M | 300x | as long as short |
| Binance SOLUSDTshort | +0.0094% | 8h | 117.21 | +0.028% | $968.0M | $3.51B | 100x | |
| Lighter SOL | +0.0096% | 1h | 117.26 | +0.068% | $13.2M | $55.4M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.24 | +0.051% | $2.2M | $13.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.24 | +0.046% | $357K | $250K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 117.24 | +0.052% | $1.0M | $557K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.26 | +0.067% | $45K | $867K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.26 | +0.071% | $5.6M | $39.7M | 40x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.23 | +0.038% | $16.0M | $119.9M | 20x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.18 | −0.002% | $361.2M | $1.60B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.04 | −0.121% | $222K | $781K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.27 | +0.079% | $899K | $7.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.25 | +0.060% | $127.0M | $16.9M | 20x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.24 | +0.052% | $134.2M | $230.0M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 117.16 | −0.018% | — | $10.5M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.26 | +0.067% | $23.2M | $35.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.11 | −0.061% | $25.1M | $100.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.12 | −0.050% | $94.0M | $383.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.33 | +0.123% | $48.0M | $25.4M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.13 | −0.044% | $1.3M | $10.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.28 | +0.084% | $323K | $2.7M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.29 | +0.091% | $284K | $1.6M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.15 | −0.030% | $190K | $1.5M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 117.24 | +0.046% | $226.9M | $42.0M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.23 | +0.041% | $45.5M | $101.3M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0101% | 8h | 117.26 | +0.071% | $1.3M | $16.4M | 3.1x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.22 | +0.030% | $8.5M | $33.6M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.17 | −0.010% | — | $214.3M | 500x | as long as short |
| dYdX SOL-USD | +0.0124% | 1h | 117.21 | +0.021% | $9.3M | $18.5M | 20x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.19 | +0.007% | $6.6M | $12.8M | 25x | as long as short |
| Hyperliquid SOL | +0.0151% | 1h | 117.37 | +0.161% | $718.9M | $374.5M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0185% | 1h | 117.26 | +0.071% | $32.6M | $94.1M | 100x | as long as short |
| Reya SOLRUSDPERP | +0.0199% | 1h | 117.25 | +0.060% | $1.1M | $94K | 25x | as long as short |
| BloFin SOL-USDT | +0.0214% | 8h | 117.12 | −0.053% | $51.7M | $58.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0170% | 1h | 117.29 | +0.091% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0273% | 1h | 117.33 | +0.123% | $2.2M | $4.5M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0407% | 1h | 117.18 | −0.006% | $25K | $54K | 20x | as long as short |
Bybit SOLUSDT
Binance SOLUSDT
Bluefin SOL-PERP
gTrade (Gains Network) SOL/USD
Bitget SOLUSDT
Injective SOL/USDC PERP
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
Deribit SOL_USDC-PERPETUAL
Gate SOL_USDT
SoDEX SOL-USD
01 Exchange SOLUSD
ApeX Omni SOLUSDT
MEXC SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Pacifica SOL
OKX SOL-USDT-SWAP
Bulk SOL-USD
KuCoin SOLUSDTM
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
Kalshi KXSOLPERP
Extended SOL-USD
Phoenix SOL
Hyperliquid SOL
Kraken Futures PF_SOLUSD
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD