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+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against Gate+0.060%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days−0.063%−$6 · spread now +0.060%, 7d avg +0.005%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.055% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOL_USDT119.190.0088pay 0.0088% / 8h1h 02m$870.2M$690.2M100x
ShortBinance SOLUSDT119.260.0100get 0.0100% / 8h1h 02m$982.5M$3.81B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$2.52
Price spread: +0.060% → +0.005%
$5.46
Slippage, 4 orders
−$2.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$19.59
Costs to cover
0.276%
Break-even
61.4 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 11 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 Gate live order book, 1 min ago0.42 bp8.3 bp −$810.8 bp −$10816.5 bp −$1,64927.8 bp −$13.9K
Sell Binance live order book, 11 min ago0.42 bp5.4 bp −$56.1 bp −$619.7 bp −$96716.8 bp −$8,423

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−0.0186%1h119.18−0.009%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.25+0.046%$845$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.15−0.037%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.10−0.077%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.18−0.010%$115K150xas long as short
dYdX SOL-USD−0.0001%1h119.28+0.078%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.26+0.058%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.20+0.013%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h119.23+0.034%$6.5M$13.6M25xas long as short
01 Exchange SOLUSD+0.0064%1h119.190.000%$104K$156K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0070%8h119.18−0.011%$1.1M$5.9M100xas long as short
BingX SOL-USDT+0.0080%8h119.26+0.060%$372.4Mas long as short
Hibachi SOL/USDT-P+0.0080%1h119.28+0.077%$118K$608K20xas long as short
Aftermath Perps SOLUSD+0.0081%1h119.13−0.046%$24K$47K20xas long as short
HTX SOL-USDT+0.0082%8h119.10−0.076%$231.8M$45.0M75xas long as short
Gate SOL_USDTlong+0.0088%8h119.19long leg$870.2M$690.2M100x
Lighter SOL+0.0096%1h119.27+0.068%$13.6M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h119.25+0.053%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.15−0.033%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.24+0.043%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.190.000%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.25+0.046%$6.1M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.35+0.134%$720.1M$410.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.25+0.053%$178.6M$175.7M100xas long as short
Pacifica SOL+0.0100%1h119.28+0.077%$12.3M$119.0M20xas long as short
Binance SOLUSDTshort+0.0100%8h119.26+0.060%$982.5M$3.81B100x
Bybit SOLUSDT+0.0100%8h119.28+0.079%$829.4M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.27+0.067%$372.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18−0.008%$233K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.29+0.086%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.85−0.285%$133.1M$7.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.26+0.059%$452.1M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.26+0.058%$139.7M$202.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.27+0.065%$496.6M$456.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.21+0.017%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.17−0.018%$27.5M$128.4Mas long as short
edgeX SOLUSDC+0.0100%4h119.16−0.029%$95.7M$401.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.21+0.017%$48.8M$31.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.00−0.159%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.26+0.059%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.15−0.034%$367K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.17−0.019%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.25+0.047%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.21+0.017%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.20+0.008%$46.6M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.23+0.035%$8.7M$36.1M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0106%1h119.26+0.061%$26.7M$27.8M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.24+0.042%$8.3M$416.6M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.18−0.007%$224.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.22+0.028%$32.6M$96.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0169% / S −0.0071%1h119.17−0.014%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.15−0.033%$1.1M$550K25xas long as short
RISEx SOL/USDC+0.0192%1h119.24+0.039%$1.7M$5.5M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.02−0.143%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.20+0.008%$52.0M$84.0M125xas long as short