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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOLUSDT | 116.66 | −0.0113 | get 0.0113% / 8h | 1h 08m | $739.5M | $1.43B | 100x |
| Short | BingX SOL-USDT | 116.66 | 0.0100 | get 0.0100% / 8h | 1h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 6 min ago | 0.43 bp | 6.2 bp −$6 | 6.8 bp −$68 | 9.9 bp −$987 | 22.2 bp −$11.1K |
| Sell BingX live order book, 16 min ago | 0.81 bp | 5.8 bp −$6 | 5.8 bp −$58 | 7.6 bp −$762 | 11.1 bp −$5,572 |
SOL on 54 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0200% | 1h | 116.61 | −0.043% | $97K | $678K | 20x | as long as short |
| Bybit SOLUSDTlong | −0.0113% | 8h | 116.66 | long leg | $739.5M | $1.43B | 100x | |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.63 | −0.030% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0072% | 1h | 116.70 | +0.032% | $32.3M | $106.1M | 100x | as long as short |
| Vest SOL-PERP | −0.0046% | 1h | 116.63 | −0.028% | — | $634K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.69 | +0.024% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.65 | −0.008% | $1.5M | $19.3M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.65 | −0.005% | $106K | $3.5M | 8.3x | as long as short |
| dYdX SOL-USD | +0.0017% | 1h | 116.62 | −0.034% | $4.3M | $23.6M | 20x | as long as short |
| Bitget SOLUSDT | +0.0038% | 8h | 116.66 | −0.003% | $480.9M | $459.2M | 100x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0048% | 1h | 116.66 | 0.000% | $99K | $178K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.69 | +0.027% | $8.0M | $402.8M | 50x | as long as short |
| Lighter RH SOL | +0.0056% | 1h | 116.62 | −0.036% | $2.2M | $16.9M | 25x | as long as short |
| Aster SOLUSDT | +0.0076% | 8h | 116.65 | −0.009% | $176.5M | $169.5M | 100x | as long as short |
| SoDEX SOL-USD | +0.0080% | 1h | 116.66 | 0.000% | $6.1M | $11.0M | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0083% | 8h | 116.66 | −0.002% | $1.0M | $5.9M | 100x | as long as short |
| Paradex SOL-USD-PERP | +0.0092% | 8h | 116.61 | −0.045% | $1.0M | $554K | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.64 | −0.021% | $13.1M | $61.1M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.64 | −0.016% | $351K | $252K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.60 | −0.051% | $66K | $910K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.62 | −0.033% | $5.6M | $41.2M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.76 | +0.086% | $701.5M | $408.2M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.69 | +0.022% | $15.7M | $130.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.65 | −0.009% | $967.0M | $3.87B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.67 | +0.009% | $367.5M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.62 | −0.034% | $216K | $837K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.65 | −0.012% | $900K | $8.7M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.55 | −0.094% | $125.4M | $26.0M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.63 | −0.026% | $850.3M | $675.4M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.66 | 0.000% | $369.5M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.64 | −0.017% | $133.0M | $233.2M | 75x | as long as short |
| BingX SOL-USDTshort | +0.0100% | 8h | 116.66 | −0.004% | — | $372.6M | — | |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.61 | −0.043% | $23.1M | $37.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.52 | −0.117% | $25.1M | $111.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.56 | −0.089% | $93.6M | $408.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.59 | −0.061% | $47.7M | $30.2M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.59 | −0.060% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.63 | −0.026% | $1.3M | $11.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.66 | 0.000% | $313K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.67 | +0.011% | $242K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.67 | +0.010% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.63 | −0.024% | $189K | $1.8M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.64 | −0.019% | $225.8M | $50.5M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.66 | 0.000% | $45.4M | $104.9M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.62 | −0.032% | $8.0M | $38.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.65 | −0.008% | — | $233.7M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0139% | 1h | 116.74 | +0.065% | $26.4M | $21.7M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0176% | 1h | 116.69 | +0.026% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0178% | 1h | 116.72 | +0.051% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0195% | 1h | 116.63 | −0.024% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.58 | −0.069% | $52.1M | $66.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.69 | +0.022% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0451% | 1h | 116.72 | +0.049% | $2.1M | $4.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0492% | 1h | 116.69 | +0.022% | $25K | $57K | 20x | as long as short |
Bybit SOLUSDT
BingX SOL-USDT
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Bitget SOLUSDT
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Lighter RH SOL
Aster SOLUSDT
SoDEX SOL-USD
Paradex SOL-USD-PERP
Lighter SOL
Katana Perps SOL-USD
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD