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+0.0212%/8h= +23.2% APRnext payment +$2.12 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.094%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$150.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 7 days−0.094%−$9 · spread now +0.094%, 7d avg 0.000%
Together, before fees−0.064%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.094% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of 0.000%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.12 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 SOLUSDT116.42−0.0112get 0.0112% / 8h1h 42m$740.8M$1.44B100x
ShortMEXC SOL_USDT116.530.0100get 0.0100% / 8h1h 42m$361.9M$1.08B300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$44.56
Price spread: +0.094% → 0.000%
$9.4
Slippage, 4 orders
−$1.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 1 bp × 2 orders
−$2
Net
$39.1
Costs to cover
0.149%
Break-even
0.9 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago0.43 bp5.9 bp −$65.9 bp −$598.9 bp −$89123.2 bp −$11.6K
Sell MEXC live order book, 1 min ago0.43 bp1.4 bp −$11.4 bp −$142.8 bp −$2774.2 bp −$2,110

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
Hibachi SOL/USDT-P−0.0120%1h116.63+0.180%$97K$687K20xas long as short
Bybit SOLUSDTlong−0.0112%8h116.42long leg$740.8M$1.44B100x
Hotstuff SOL-PERP−0.0080%1h116.56+0.121%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.59+0.145%$33.1M$105.3M100xas long as short
Derive SOL-PERP−0.0053%1h116.51+0.076%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0011%1h116.54+0.105%$628K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.62+0.168%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.58+0.141%$1.5M$19.5M3.1xas long as short
Perpl SOL0.0000%43m116.63+0.180%$109K$3.6M8.3xas long as short
dYdX SOL-USD+0.0013%1h116.51+0.074%$4.3M$23.8M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h116.59+0.146%$100K$176K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.58+0.137%$8.1M$405.2M50xas long as short
Bitget SOLUSDT+0.0049%8h116.51+0.081%$479.8M$462.4M100xas long as short
Lighter RH SOL+0.0056%1h116.53+0.094%$2.2M$16.8M25xas long as short
SoDEX SOL-USD+0.0061%1h116.54+0.103%$6.1M$10.9M20xas long as short
Orderly PERP_SOL_USDC+0.0089%8h116.57+0.129%$1.0M$6.0M100xas long as short
Aster SOLUSDT+0.0090%8h116.57+0.129%$175.8M$176.2M100xas long as short
Lighter SOL+0.0096%1h116.55+0.108%$13.1M$60.4M25xas long as short
Aevo SOL-PERP+0.0096%1h116.60+0.156%$351K$252K20xas long as short
Paradex SOL-USD-PERP+0.0096%8h116.54+0.100%$1.0M$551K50xas long as short
Katana Perps SOL-USD+0.0099%8h116.55+0.112%$64K$908K20xas long as short
Nado SOL-PERP+0.0100%1h116.55+0.110%$5.5M$41.1M40xas long as short
Hyperliquid SOL+0.0100%1h116.63+0.181%$697.7M$410.4M20xas long as short
Pacifica SOL+0.0100%1h116.57+0.131%$15.7M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h116.49+0.061%$967.7M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.45+0.026%$370.3M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.63+0.180%$217K$888K10xas long as short
Arcus SOL-USD+0.0100%1h116.62+0.168%$903K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.55+0.112%$125.4M$23.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.52+0.086%$844.0M$666.2M100xas long as short
MEXC SOL_USDTshort+0.0100%8h116.53+0.094%$361.9M$1.08B300x
KuCoin SOLUSDTM+0.0100%8h116.51+0.078%$129.2M$232.5M75xas long as short
BingX SOL-USDT+0.0100%8h116.49+0.057%$373.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.53+0.094%$23.0M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h116.33−0.073%$24.8M$112.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.37−0.045%$93.4M$411.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.44+0.016%$47.7M$31.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.44+0.016%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.65+0.198%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.55+0.112%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.60+0.156%$234K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.60+0.151%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.59+0.142%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.50+0.071%$225.6M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.53+0.094%$45.3M$105.7M50xas long as short
Extended SOL-USD+0.0104%1h116.50+0.065%$8.0M$39.3M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0116%1h116.62+0.171%$26.4M$21.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.57+0.126%$237.0M500xas long as short
Injective SOL/USDC PERP+0.0176%1h116.50+0.069%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.66+0.206%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.53+0.095%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.51+0.077%$52.4M$68.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.62+0.168%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.68+0.220%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0494%1h116.65+0.196%$25K$56K20xas long as short