Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.007%

Price spread now: StandX against Gate+0.059%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

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

costs, in and out, $10k−$340.338% of the position

Long on Gate Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 7 days−0.092%−$9 · spread now +0.059%, 7d avg +0.025%

Together, before fees+0.029%+ Points / potential airdropStandX: Active · farm board+$3 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 StandX is 0.035% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOL_USDT	118.51	0.0086	pay 0.0086% / 8h	7h 46m	$857.9M	$660.9M	100x
Short	StandX SOL-USD	118.58	0.0100	get 0.0013% / 1h	46m 18s	$1.3M	$13.6M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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

Position, each leg$Hold fordaysFee GatebpFee StandXbpOrdersPrice spread, now +0.059%Rate

Funding earned: $2.94
Price spread: +0.059% → +0.025%: $3.45
Slippage, 4 orders: −$10.76
Fee Gate: 7.5 bp × 2 orders: −$15
Fee StandX: 4 bp × 2 orders: −$8
Net: −$27.37
Costs to cover: 0.338%
Break-even: 72.2 days

Slippage from Gate: live order book, 3 min ago; StandX: live order book, 3 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, 3 min ago	0.42 bp	7.9 bp −$8	10.6 bp −$106	15.7 bp −$1,567	29.0 bp −$14.5K
Sell StandX live order book, 3 min ago	2.95 bp	7.8 bp −$8	7.9 bp −$79	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
Hotstuff SOL-PERP	−0.0080%	1h	118.64	+0.114%	$841	$8K	25x	as long as short
Vest SOL-PERP	−0.0077%	1h	118.50	−0.010%	—	$610K	20x	as long as short
Derive SOL-PERP	−0.0062%	1h	118.45	−0.053%	$2.0M	$2.8M	13x	as long as short
ApeX Omni SOLUSDT	−0.0031%	1h	118.54	+0.025%	$1.5M	$6.1M	50x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	118.52	+0.008%	$32.3M	$96.8M	100x	as long as short
dYdX SOL-USD	−0.0008%	1h	118.60	+0.076%	$4.8M	$27.4M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.53	+0.014%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.60	+0.076%	$1.2M	$20.5M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.53	+0.013%	$158K	$3.9M	8.3x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	118.57	+0.051%	$103K	$158K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0057%	1h	118.58	+0.062%	$26.6M	$25.1M	50x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	118.63	+0.105%	$121K	$634K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0079%	8h	118.54	+0.026%	$1.0M	$5.9M	100x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.53	+0.016%	—	$10.5M	—	as long as short
HTX SOL-USDT	+0.0083%	8h	118.48	−0.023%	$230.6M	$44.6M	75x	as long as short
Gate SOL_USDTlong	+0.0086%	8h	118.51	long leg	$857.9M	$660.9M	100x
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.56	+0.041%	$8.1M	$413.0M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.53	+0.013%	$14.0M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.52	+0.010%	$2.1M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.55	+0.037%	$347K	$328K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.66	+0.129%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.58	+0.059%	$47K	$787K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.53	+0.014%	$5.8M	$41.1M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.62	+0.093%	$718.1M	$404.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.53	+0.017%	$178.1M	$176.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.67	+0.137%	$12.2M	$123.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.54	+0.025%	$976.9M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.57	+0.051%	$821.6M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.54	+0.025%	$370.4M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.56	+0.042%	$232K	$871K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.65	+0.120%	$1.9M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.55	+0.034%	$133.5M	$4.7M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.53	+0.017%	$425.9M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.55	+0.031%	$137.7M	$207.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.53	+0.018%	$491.8M	$447.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.54	+0.025%	$24.1M	$37.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.61	+0.082%	$26.9M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.53	+0.015%	$95.2M	$404.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.57	+0.048%	$48.6M	$30.3M	20x	as long as short
StandX SOL-USDshort	+0.0100%	1h	118.58	+0.059%	$1.3M	$13.6M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	118.51	0.000%	$358K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.50	−0.006%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.53	+0.017%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.62	+0.091%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.53	+0.017%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.54	+0.025%	$46.4M	$101.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.51	−0.004%	$8.7M	$35.3M	50x	as long as short
Phoenix SOL	+0.0114%	1h	118.62	+0.093%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.65	+0.118%	—	$223.0M	500x	as long as short
Aftermath Perps SOLUSD	+0.0142%	1h	118.63	+0.100%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.59	+0.065%	$1.8M	$4.7M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0166% / S −0.0066%	1h	118.52	+0.006%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	118.66	+0.127%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0185%	1h	118.49	−0.014%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.61	+0.084%	$51.9M	$79.2M	125x	as long as short