Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT117.18−0.0047get 0.0047% / 8h6h 22m$734.7M$1.27B100x
ShortBinance SOLUSDT117.210.0094get 0.0094% / 8h6h 22m$968.0M$3.51B100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago0.43 bp7.1 bp −$78.1 bp −$8112.5 bp −$1,25224.8 bp −$12.4K
Sell Binance live order book, 15 min ago0.43 bp5.4 bp −$55.9 bp −$598.6 bp −$86219.4 bp −$9,723

SOL on 54 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0872%1h117.28+0.084%$27K$35K25xas long as short
Hibachi SOL/USDT-P−0.0160%1h117.15−0.027%$100K$651K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.17−0.006%$1K$8K25xas long as short
Bybit SOLUSDTlong−0.0047%8h117.18long leg$734.7M$1.27B100x
Vest SOL-PERP−0.0001%1h117.24+0.045%$287K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.29+0.089%$39K150xas long as short
Perpl SOL0.0000%43m117.21+0.025%$100K$2.9M8.3xas long as short
Bitget SOLUSDT+0.0027%8h117.23+0.038%$483.3M$414.4M100xas long as short
Injective SOL/USDC PERP+0.0033%1h116.85−0.283%$4K$12212xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h117.28+0.084%$8.4M$377.0M50xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SOLUSDT+0.0044%8h117.21+0.025%$177.8M$159.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0054%1h117.31+0.111%$26.4M$18.7M50xas long as short
Orderly PERP_SOL_USDC+0.0056%8h117.28+0.079%$1.0M$5.3M100xas long as short
Gate SOL_USDT+0.0057%8h117.26+0.067%$851.9M$599.0M100xas long as short
SoDEX SOL-USD+0.0060%1h117.25+0.058%$6.2M$11.1M20xas long as short
01 Exchange SOLUSD+0.0072%1h117.30+0.101%$101K$181K20xas long as short
ApeX Omni SOLUSDT+0.0087%1h117.24+0.046%$1.1M$6.7M50xas long as short
MEXC SOL_USDT+0.0093%8h117.23+0.041%$429.7M$993.0M300xas long as short
Binance SOLUSDTshort+0.0094%8h117.21+0.028%$968.0M$3.51B100x
Lighter SOL+0.0096%1h117.26+0.068%$13.2M$55.4M25xas long as short
Lighter RH SOL+0.0096%1h117.24+0.051%$2.2M$13.8M25xas long as short
Aevo SOL-PERP+0.0096%1h117.24+0.046%$357K$250K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.24+0.052%$1.0M$557K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.26+0.067%$45K$867K20xas long as short
Nado SOL-PERP+0.0100%1h117.26+0.071%$5.6M$39.7M40xas long as short
Pacifica SOL+0.0100%1h117.23+0.038%$16.0M$119.9M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.18−0.002%$361.2M$1.60B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.04−0.121%$222K$781K10xas long as short
Arcus SOL-USD+0.0100%1h117.27+0.079%$899K$7.8M20xas long as short
Bulk SOL-USD+0.0100%1h117.25+0.060%$127.0M$16.9M20xas long as short
KuCoin SOLUSDTM+0.0100%8h117.24+0.052%$134.2M$230.0M75xas long as short
BingX SOL-USDC+0.0100%8h117.16−0.018%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.26+0.067%$23.2M$35.5M50xas long as short
Variational Omni SOL+0.0100%8h117.11−0.061%$25.1M$100.3Mas long as short
edgeX SOLUSDC+0.0100%4h117.12−0.050%$94.0M$383.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.33+0.123%$48.0M$25.4M20xas long as short
StandX SOL-USD+0.0100%1h117.13−0.044%$1.3M$10.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.28+0.084%$323K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.29+0.091%$284K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h117.15−0.030%$190K$1.5M30xas long as short
HTX SOL-USDT+0.0100%8h117.24+0.046%$226.9M$42.0M75xas long as short
Phemex SOLUSDT+0.0100%8h117.23+0.041%$45.5M$101.3M50xas long as short
Kalshi KXSOLPERP+0.0101%8h117.26+0.071%$1.3M$16.4M3.1xas long as short
Extended SOL-USD+0.0104%1h117.22+0.030%$8.5M$33.6M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.17−0.010%$214.3M500xas long as short
dYdX SOL-USD+0.0124%1h117.21+0.021%$9.3M$18.5M20xas long as short
Phoenix SOL+0.0129%1h117.19+0.007%$6.6M$12.8M25xas long as short
Hyperliquid SOL+0.0151%1h117.37+0.161%$718.9M$374.5M20xas long as short
Kraken Futures PF_SOLUSD+0.0185%1h117.26+0.071%$32.6M$94.1M100xas long as short
Reya SOLRUSDPERP+0.0199%1h117.25+0.060%$1.1M$94K25xas long as short
BloFin SOL-USDT+0.0214%8h117.12−0.053%$51.7M$58.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0170%1h117.29+0.091%$3.5M200xas long as short
RISEx SOL/USDC+0.0273%1h117.33+0.123%$2.2M$4.5M20xas long as short
Aftermath Perps SOLUSD+0.0407%1h117.18−0.006%$25K$54K20xas long as short