Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: Phemex against Gate+0.008%7-day average +0.008% · 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−$32as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.008%, 7d avg +0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOL_USDT | 119.01 | 0.0091 | pay 0.0091% / 8h | 35m 18s | $865.2M | $678.1M | 100x |
| Short | Phemex SOLUSDT | 119.02 | 0.0100 | get 0.0100% / 8h | 35m 18s | $46.5M | $102.8M | 50x |
Gate SOL_USDT
Phemex SOLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Gate. 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
- $1.89
- Price spread: +0.008% → +0.008%
- $0.04
- Slippage, 4 orders
- −$4.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$29.97
- Costs to cover
- 0.319%
- Break-even
- 118.0 days
Slippage from Gate: live order book, 4 min ago; Phemex: live order book, 4 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 Gate live order book, 4 min ago | 0.42 bp | 7.9 bp −$8 | 10.9 bp −$109 | 15.8 bp −$1,584 | 29.2 bp −$14.6K |
| Sell Phemex live order book, 4 min ago | 0.42 bp | 8.9 bp −$9 | 9.0 bp −$90 | 18.5 bp −$1,851 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.05 | +0.037% | $844 | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0073% | 1h | 118.94 | −0.056% | $2.0M | $2.8M | 13x | as long as short |
| Vest SOL-PERP | −0.0072% | 1h | 118.99 | −0.019% | — | $723K | 20x | as long as short |
| dYdX SOL-USD | −0.0017% | 1h | 119.10 | +0.072% | $4.9M | $28.0M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.02 | +0.010% | $112K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.09 | +0.064% | $1.3M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.07 | +0.051% | $177K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0031% | 1h | 119.09 | +0.068% | $26.6M | $26.0M | 50x | as long as short |
| ApeX Omni SOLUSDT | +0.0034% | 1h | 119.18 | +0.143% | $1.5M | $6.2M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0074% | 8h | 119.03 | +0.018% | $1.0M | $5.9M | 100x | as long as short |
Hotstuff SOL-PERP
Derive SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
ApeX Omni SOLUSDT
Orderly PERP_SOL_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0080% | 1h | 119.07 | +0.050% | $104K | $158K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.02 | +0.005% | — | $372.2M | — | as long as short |
| HTX SOL-USDT | +0.0089% | 8h | 118.94 | −0.058% | $231.5M | $45.0M | 75x | as long as short |
| Gate SOL_USDTlong | +0.0091% | 8h | 119.01 | long leg | $865.2M | $678.1M | 100x | |
| Lighter SOL | +0.0096% | 1h | 119.04 | +0.024% | $13.6M | $55.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.01 | −0.001% | $2.2M | $16.9M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0096% | 1h | 119.09 | +0.071% | $121K | $626K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.01 | −0.001% | $353K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0096% | 1h | 119.06 | +0.039% | $8.1M | $417.0M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.99 | −0.014% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.05 | +0.034% | $45K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.03 | +0.021% | $6.1M | $40.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.12 | +0.092% | $721.1M | $411.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.04 | +0.025% | $178.7M | $176.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.06 | +0.042% | $12.3M | $120.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.02 | +0.010% | $981.9M | $3.82B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.07 | +0.050% | $826.5M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.04 | +0.025% | $373.2M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.08 | +0.059% | $233K | $874K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.06 | +0.041% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.35 | +0.286% | $134.1M | $6.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.03 | +0.017% | $456.7M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.04 | +0.024% | $138.9M | $205.0M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.01 | −0.002% | $493.5M | $460.0M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.09 | +0.067% | $24.3M | $38.3M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.09 | +0.068% | $27.2M | $129.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.23 | +0.184% | $95.8M | $402.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.09 | +0.067% | $48.8M | $31.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.10 | +0.076% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.02 | +0.008% | $365K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.01 | +0.001% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.02 | +0.010% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.08 | +0.058% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.02 | +0.008% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDTshort | +0.0100% | 8h | 119.02 | +0.008% | $46.5M | $102.8M | 50x | |
| Phoenix SOL | +0.0100% | 1h | 119.38 | +0.311% | $6.6M | $13.7M | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0102% | 1h | 119.30 | +0.243% | $24K | $47K | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.00 | −0.007% | $8.7M | $36.0M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0105% | 1h | 119.05 | +0.032% | $32.6M | $97.1M | 100x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.08 | +0.058% | — | $225.3M | 500x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0169% / S −0.0069% | 1h | 119.02 | +0.010% | $3.8M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0170% | 1h | 119.60 | +0.496% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0183% | 1h | 119.00 | −0.011% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.99 | −0.017% | $52.2M | $82.3M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 119.08 | +0.062% | $1.7M | $5.2M | 20x | as long as short |
01 Exchange SOLUSD
BingX SOL-USDT
HTX SOL-USDT
Lighter SOL
Lighter RH SOL
Hibachi SOL/USDT-P
Aevo SOL-PERP
Coinbase International SOL-PERP-INTX
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phoenix SOL
Aftermath Perps SOLUSD
Extended SOL-USD
Kraken Futures PF_SOLUSD
Jupiter Perps SOL-PERP
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
RISEx SOL/USDC