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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.3% APRnext payment +$2.13 per $10,000 · paid last 24h −0.010%
Price spread now: BingX against Bybit−0.004%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days+0.007%+$1 · spread now −0.004%, 7d avg −0.003%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT116.66−0.0113get 0.0113% / 8h1h 08m$739.5M$1.43B100x
ShortBingX SOL-USDT116.660.0100get 0.0100% / 8h1h 08m$372.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$44.71
Price spread: −0.004% → −0.003%
−$0.12
Slippage, 4 orders
−$2.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
$20.83
Costs to cover
0.238%
Break-even
3.7 days
Slippage from Bybit: live order book, 6 min ago; BingX: live order book, 16 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, 6 min ago0.43 bp6.2 bp −$66.8 bp −$689.9 bp −$98722.2 bp −$11.1K
Sell BingX live order book, 16 min ago0.81 bp5.8 bp −$65.8 bp −$587.6 bp −$76211.1 bp −$5,572

SOL on 54 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
Hibachi SOL/USDT-P−0.0200%1h116.61−0.043%$97K$678K20xas long as short
Bybit SOLUSDTlong−0.0113%8h116.66long leg$739.5M$1.43B100x
Hotstuff SOL-PERP−0.0080%1h116.63−0.030%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.70+0.032%$32.3M$106.1M100xas long as short
Vest SOL-PERP−0.0046%1h116.63−0.028%$634K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.69+0.024%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.65−0.008%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.65−0.005%$106K$3.5M8.3xas long as short
dYdX SOL-USD+0.0017%1h116.62−0.034%$4.3M$23.6M20xas long as short
Bitget SOLUSDT+0.0038%8h116.66−0.003%$480.9M$459.2M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0048%1h116.660.000%$99K$178K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.69+0.027%$8.0M$402.8M50xas long as short
Lighter RH SOL+0.0056%1h116.62−0.036%$2.2M$16.9M25xas long as short
Aster SOLUSDT+0.0076%8h116.65−0.009%$176.5M$169.5M100xas long as short
SoDEX SOL-USD+0.0080%1h116.660.000%$6.1M$11.0M20xas long as short
Orderly PERP_SOL_USDC+0.0083%8h116.66−0.002%$1.0M$5.9M100xas long as short
Paradex SOL-USD-PERP+0.0092%8h116.61−0.045%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.64−0.021%$13.1M$61.1M25xas long as short
Aevo SOL-PERP+0.0096%1h116.64−0.016%$351K$252K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.60−0.051%$66K$910K20xas long as short
Nado SOL-PERP+0.0100%1h116.62−0.033%$5.6M$41.2M40xas long as short
Hyperliquid SOL+0.0100%1h116.76+0.086%$701.5M$408.2M20xas long as short
Pacifica SOL+0.0100%1h116.69+0.022%$15.7M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h116.65−0.009%$967.0M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.67+0.009%$367.5M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.62−0.034%$216K$837K10xas long as short
Arcus SOL-USD+0.0100%1h116.65−0.012%$900K$8.7M20xas long as short
Bulk SOL-USD+0.0100%1h116.55−0.094%$125.4M$26.0M20xas long as short
Gate SOL_USDT+0.0100%8h116.63−0.026%$850.3M$675.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.660.000%$369.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.64−0.017%$133.0M$233.2M75xas long as short
BingX SOL-USDTshort+0.0100%8h116.66−0.004%$372.6M
Backpack SOL_USDC_PERP+0.0100%1h116.61−0.043%$23.1M$37.0M50xas long as short
Variational Omni SOL+0.0100%8h116.52−0.117%$25.1M$111.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.56−0.089%$93.6M$408.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.59−0.061%$47.7M$30.2M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.59−0.060%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.63−0.026%$1.3M$11.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.660.000%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.67+0.011%$242K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.67+0.010%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.63−0.024%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.64−0.019%$225.8M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.660.000%$45.4M$104.9M50xas long as short
Extended SOL-USD+0.0104%1h116.62−0.032%$8.0M$38.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.65−0.008%$233.7M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0139%1h116.74+0.065%$26.4M$21.7M50xas long as short
Injective SOL/USDC PERP+0.0176%1h116.69+0.026%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.72+0.051%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0195%1h116.63−0.024%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.58−0.069%$52.1M$66.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.69+0.022%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.72+0.049%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0492%1h116.69+0.022%$25K$57K20xas long as short