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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT119.770.0100pay 0.0100% / 8h1h 40m$827.5M$1.27B100x
ShortGate SOL_USDT119.730.0090get 0.0090% / 8h1h 40m$873.7M$679.3M100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago0.42 bp5.9 bp −$66.5 bp −$659.3 bp −$93318.1 bp −$9,075
Sell Gate live order book, 3 min ago0.42 bp7.9 bp −$811.2 bp −$11216.4 bp −$1,64130.2 bp −$15.1K

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0426%1h119.66−0.087%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.59−0.150%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.73−0.028%$849$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.65−0.099%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.74−0.025%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.70−0.058%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.75−0.018%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.72−0.039%$179K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.53−0.200%$120K$611K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0044%1h119.74−0.024%$26.8M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SOL+0.0054%1h119.50−0.223%$6.6M$13.6M25xas long as short
Aftermath Perps SOLUSD+0.0061%1h119.49−0.231%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0066%8h119.67−0.083%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0076%8h119.68−0.072%$233.1M$44.6M75xas long as short
BingX SOL-USDT+0.0080%8h119.74−0.024%$374.5Mas long as short
01 Exchange SOLUSD+0.0088%1h119.74−0.023%$105K$153K20xas long as short
Gate SOL_USDTshort+0.0090%8h119.73−0.031%$873.7M$679.3M100x
Lighter SOL+0.0096%1h119.68−0.071%$13.6M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.69−0.064%$2.1M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h119.60−0.138%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.71−0.048%$1.1M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.71−0.048%$46K$790K20xas long as short
Nado SOL-PERP+0.0100%1h119.70−0.052%$6.2M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.80+0.028%$722.4M$416.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.75−0.016%$179.3M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.76−0.008%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.74−0.023%$990.4M$3.79B100xas long as short
Bybit SOLUSDTlong+0.0100%8h119.77long leg$827.5M$1.27B100x
OKX SOL-USDT-SWAP+0.0100%8h119.67−0.081%$373.1M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.74−0.023%$234K$889K10xas long as short
Arcus SOL-USD+0.0100%1h119.81+0.037%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.75−0.014%$459.7M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.75−0.015%$141.3M$199.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.68−0.070%$496.9M$454.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.72−0.039%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.38−0.320%$27.7M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.51−0.217%$96.0M$398.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44−0.274%$48.9M$32.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.49−0.230%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.68−0.073%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.70−0.056%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.69−0.063%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.67−0.081%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.69−0.064%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.63−0.114%$46.7M$101.8M50xas long as short
Bulk SOL-USD+0.0100%1h119.75−0.016%$134.3M$8.4M20xas long as short
Extended SOL-USD+0.0104%1h119.72−0.042%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.73−0.028%$8.2M$415.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.77+0.005%$221.9M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.70−0.055%$32.7M$95.3M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.69−0.060%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.68−0.072%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.78+0.012%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.532%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.69−0.064%$52.1M$82.8M125xas long as short