Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Bybit−0.031%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.031%, 7d avg −0.004%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.027% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOLUSDT | 119.77 | 0.0100 | pay 0.0100% / 8h | 1h 40m | $827.5M | $1.27B | 100x |
| Short | Gate SOL_USDT | 119.73 | 0.0090 | get 0.0090% / 8h | 1h 40m | $873.7M | $679.3M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.1
- Price spread: −0.031% → −0.004%
- −$2.72
- Slippage, 4 orders
- −$3.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$33.88
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 0.42 bp | 5.9 bp −$6 | 6.5 bp −$65 | 9.3 bp −$933 | 18.1 bp −$9,075 |
| Sell Gate live order book, 3 min ago | 0.42 bp | 7.9 bp −$8 | 11.2 bp −$112 | 16.4 bp −$1,641 | 30.2 bp −$15.1K |
SOL on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0426% | 1h | 119.66 | −0.087% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0095% | 1h | 119.59 | −0.150% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.73 | −0.028% | $849 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0063% | 1h | 119.65 | −0.099% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0002% | 1h | 119.74 | −0.025% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.70 | −0.058% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.75 | −0.018% | $1.2M | $20.6M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.72 | −0.039% | $179K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0008% | 1h | 119.53 | −0.200% | $120K | $611K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0044% | 1h | 119.74 | −0.024% | $26.8M | $27.6M | 50x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SOL | +0.0054% | 1h | 119.50 | −0.223% | $6.6M | $13.6M | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0061% | 1h | 119.49 | −0.231% | $24K | $47K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0066% | 8h | 119.67 | −0.083% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0076% | 8h | 119.68 | −0.072% | $233.1M | $44.6M | 75x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.74 | −0.024% | — | $374.5M | — | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 119.74 | −0.023% | $105K | $153K | 20x | as long as short |
| Gate SOL_USDTshort | +0.0090% | 8h | 119.73 | −0.031% | $873.7M | $679.3M | 100x | |
| Lighter SOL | +0.0096% | 1h | 119.68 | −0.071% | $13.6M | $55.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.69 | −0.064% | $2.1M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.60 | −0.138% | $354K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.71 | −0.048% | $1.1M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.71 | −0.048% | $46K | $790K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.70 | −0.052% | $6.2M | $41.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.80 | +0.028% | $722.4M | $416.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.75 | −0.016% | $179.3M | $175.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.76 | −0.008% | $12.4M | $116.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.74 | −0.023% | $990.4M | $3.79B | 100x | as long as short |
| Bybit SOLUSDTlong | +0.0100% | 8h | 119.77 | long leg | $827.5M | $1.27B | 100x | |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.67 | −0.081% | $373.1M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.74 | −0.023% | $234K | $889K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.81 | +0.037% | $2.0M | $8.9M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.75 | −0.014% | $459.7M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.75 | −0.015% | $141.3M | $199.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.68 | −0.070% | $496.9M | $454.3M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.72 | −0.039% | $24.2M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.38 | −0.320% | $27.7M | $127.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.51 | −0.217% | $96.0M | $398.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.44 | −0.274% | $48.9M | $32.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.49 | −0.230% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.68 | −0.073% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.70 | −0.056% | $366K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.69 | −0.063% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.67 | −0.081% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.69 | −0.064% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.63 | −0.114% | $46.7M | $101.8M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.75 | −0.016% | $134.3M | $8.4M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.72 | −0.042% | $8.7M | $36.3M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.73 | −0.028% | $8.2M | $415.8M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.77 | +0.005% | — | $221.9M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.70 | −0.055% | $32.7M | $95.3M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0089% | 1h | 119.69 | −0.060% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.68 | −0.072% | $1.1M | $558K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.78 | +0.012% | $1.7M | $5.9M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.13 | −0.532% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.69 | −0.064% | $52.1M | $82.8M | 125x | as long as short |
Bybit SOLUSDT
Gate SOL_USDT
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
Phoenix SOL
Aftermath Perps SOLUSD
HTX SOL-USDT
BingX SOL-USDT
01 Exchange SOLUSD
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT