Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC−0.025%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$90.087% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days+0.004%$0 · spread now −0.025%, 7d avg −0.052%

Together, before fees+0.061%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.027% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	119.03	0.0100	pay 0.0100% / 8h	7h 17m	$430.6M	$1.13B	300x
Short	Extended SOL-USD	119.00	0.0104	get 0.0013% / 1h	17m 53s	$8.6M	$34.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0.84
Price spread: −0.025% → −0.052%: $2.7
Slippage, 4 orders: −$1.68
Fee MEXC: 1 bp × 2 orders: −$2
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$5.15
Costs to cover: 0.087%
Break-even: 49.9 days

Slippage from MEXC: live order book, 1 min ago; Extended: live order book, 1 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 MEXC live order book, 1 min ago	0.42 bp	1.4 bp −$1	1.4 bp −$14	2.4 bp −$241	4.8 bp −$2,397
Sell Extended live order book, 1 min ago	0.42 bp	2.9 bp −$3	3.1 bp −$31	7.4 bp −$736	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	118.79	−0.202%	$929	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	118.77	−0.216%	—	$608K	20x	as long as short
Derive SOL-PERP	−0.0062%	1h	118.89	−0.115%	$2.0M	$2.7M	13x	as long as short
dYdX SOL-USD	−0.0020%	1h	118.80	−0.193%	$4.9M	$25.8M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	119.05	+0.018%	$32.4M	$97.3M	100x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.94	−0.077%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.86	−0.140%	$1.2M	$20.1M	3.1x	as long as short
Hibachi SOL/USDT-P	0.0000%	1h	119.00	−0.022%	$100K	$650K	20x	as long as short
Perpl SOL	0.0000%	43m	118.86	−0.142%	$154K	$3.8M	8.3x	as long as short
HTX SOL-USDT	+0.0009%	8h	118.88	−0.127%	$231.3M	$44.1M	75x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0032%	1h	118.83	−0.168%	$103K	$160K	20x	as long as short
Bluefin SOL-PERP	+0.0054%	1h	118.98	−0.039%	$37K	$17K	25x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.07	+0.034%	—	$366.4M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	118.98	−0.043%	$1.0M	$5.8M	100x	as long as short
Gate SOL_USDT	+0.0084%	8h	119.01	−0.017%	$856.7M	$669.7M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	119.06	+0.024%	$8.0M	$410.1M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.99	−0.030%	$14.1M	$56.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.99	−0.034%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.91	−0.102%	$348K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.72	−0.261%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.79	−0.202%	$47K	$786K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.81	−0.181%	$5.9M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.15	+0.101%	$725.6M	$396.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.02	−0.008%	$179.8M	$177.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.78	−0.209%	$12.2M	$125.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.03	0.000%	$980.0M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.07	+0.034%	$825.2M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.02	−0.008%	$370.9M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.78	−0.210%	$233K	$830K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.82	−0.179%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.76	−0.229%	$137.0M	$12.6M	20x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	119.03	long leg	$430.6M	$1.13B	300x
KuCoin SOLUSDTM	+0.0100%	8h	119.04	+0.011%	$138.7M	$203.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.02	−0.008%	$493.6M	$439.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.05	+0.017%	$24.0M	$37.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.93	−0.088%	$25.0M	$130.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.89	−0.120%	$95.5M	$403.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.91	−0.101%	$48.7M	$29.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	118.86	−0.143%	$1.5M	$6.1M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.00	−0.025%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.83	−0.168%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.91	−0.105%	$203K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.88	−0.124%	$193K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.98	−0.042%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.05	+0.017%	$46.7M	$99.8M	50x	as long as short
Extended SOL-USDshort	+0.0104%	1h	119.00	−0.025%	$8.6M	$34.9M	50x
Phoenix SOL	+0.0114%	1h	118.95	−0.067%	$6.5M	$13.6M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0116%	1h	119.03	−0.001%	$26.7M	$24.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.87	−0.136%	—	$219.4M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.77	−0.215%	$1.8M	$4.5M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0165% / S −0.0081%	1h	118.93	−0.087%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.01	−0.017%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0186%	1h	118.82	−0.178%	$1.1M	$524K	25x	as long as short
Aftermath Perps SOLUSD	+0.0201%	1h	118.98	−0.043%	$25K	$50K	20x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.78	−0.210%	$51.8M	$74.8M	125x	as long as short