Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: StandX against edgeX+0.046%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$300.298% of the position

Long on edgeX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.046%, 7d avg +0.043%

Together, before fees+0.004%+ Points / potential airdropedgeX: Active · StandX: Active · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOLUSDC	116.76	0.0100	pay 0.0050% / 4h	29m 12s	$93.7M	$398.9M	75x
Short	StandX SOL-USD	116.81	0.0100	get 0.0013% / 1h	29m 12s	$1.3M	$12.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee StandXbpOrdersPrice spread, now +0.046%Rate

Funding earned: $0
Price spread: +0.046% → +0.043%: $0.29
Slippage, 4 orders: −$12.81
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee StandX: 4 bp × 2 orders: −$8
Net: −$29.51
Costs to cover: 0.298%
Break-even: never at this rate

Slippage from edgeX: live order book, 5 min ago; StandX: live order book, 5 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 edgeX live order book, 5 min ago	2.15 bp	6.6 bp −$7	6.6 bp −$66	6.7 bp −$673	10.4 bp −$5,178
Sell StandX live order book, 5 min ago	3.43 bp	8.3 bp −$8	10.6 bp −$106	doesn't fit	doesn't fit

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
Hibachi SOL/USDT-P	−0.0112%	1h	116.88	+0.110%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.90	+0.125%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.88	+0.106%	$914	$8K	25x	as long as short
Derive SOL-PERP	−0.0060%	1h	116.92	+0.140%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.99	+0.201%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.99	+0.200%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.98	+0.190%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.95	+0.166%	$100K	$171K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.99	+0.204%	$7.5M	$405.9M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.98	+0.196%	$31.1M	$100.3M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0091%	8h	117.00	+0.210%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.92	+0.141%	$13.1M	$60.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.97	+0.180%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.98	+0.194%	$348K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.90	+0.123%	$51K	$868K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.99	+0.199%	$1.0M	$549K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.89	+0.119%	$5.4M	$39.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.04	+0.243%	$706.5M	$396.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.00	+0.209%	$175.3M	$182.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.96	+0.179%	$15.8M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.91	+0.132%	$968.0M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.82	+0.055%	$785.9M	$1.34B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.77	+0.012%	$370.0M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.87	+0.098%	$231K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.95	+0.168%	$929K	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	−0.262%	$133.2M	$20.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.99	+0.201%	$845.2M	$660.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.99	+0.201%	$350.1M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.91	+0.130%	$126.8M	$218.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.96	+0.178%	$480.8M	$441.1M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.97	+0.183%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.96	+0.175%	$23.5M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.77	+0.016%	$24.4M	$114.1M	—	as long as short
edgeX SOLUSDClong	+0.0100%	4h	116.76	long leg	$93.7M	$398.9M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	116.89	+0.111%	$47.8M	$29.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.60	−0.133%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USDshort	+0.0100%	1h	116.81	+0.046%	$1.3M	$12.9M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	116.96	+0.175%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.98	+0.193%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.96	+0.171%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.97	+0.184%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.98	+0.192%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.92	+0.139%	$227.0M	$47.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.94	+0.158%	$45.7M	$101.8M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.93	+0.152%	$8.1M	$36.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.94	+0.162%	—	$230.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	−0.168%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.94	+0.158%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0139%	1h	117.04	+0.239%	$26.4M	$25.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.95	+0.166%	$1.1M	$540K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.97	+0.183%	$51.9M	$71.4M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0236% / S −0.0180%	1h	116.99	+0.200%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.94	+0.155%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0532%	1h	116.76	+0.007%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.99	+0.200%	$1.9M	$4.9M	20x	as long as short