Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against MEXC+0.017%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	119.06	0.0100	pay 0.0100% / 8h	2h 31m	$474.7M	$1.08B	300x
Short	gTrade (Gains Network) SOL/USD	119.08	L 0.0000% / S +0.0004%	pay 0.0001% / 1h	31m 16s	$54K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.017%Rate

Funding earned: −$21.86
Price spread: +0.017% → 0.000%: $1.68
Slippage, 4 orders: no order book: not counted
Fee MEXC: 1 bp × 2 orders: −$2
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$32.18
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 3 min ago	0.42 bp	1.4 bp −$1	1.4 bp −$14	2.5 bp −$251	5.1 bp −$2,570
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective SOL/USDC PERP	−0.0151%	1h	118.89	−0.143%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	119.00	−0.054%	$2.0M	$3.2M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.00	−0.049%	$844	$8K	25x	as long as short
Vest SOL-PERP	−0.0080%	1h	118.99	−0.056%	—	$724K	20x	as long as short
Aftermath Perps SOLUSD	−0.0005%	1h	119.01	−0.044%	$24K	$47K	20x	as long as short
gTrade (Gains Network) SOL/USDshort	L 0.0000% / S +0.0004%	1h	119.08	+0.017%	$54K	—	150x
Kalshi KXSOLPERP	0.0000%	8h	119.03	−0.024%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.05	−0.010%	$179K	$4.0M	8.3x	as long as short
dYdX SOL-USD	0.0000%	1h	119.05	−0.010%	$4.9M	$26.9M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0017%	1h	119.13	+0.058%	$26.7M	$27.7M	50x	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	+0.0060%	8h	119.08	+0.019%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0063%	8h	118.96	−0.087%	$231.8M	$43.6M	75x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	119.09	+0.025%	$104K	$152K	20x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.06	−0.003%	$122K	$600K	20x	as long as short
ApeX Omni SOLUSDT	+0.0067%	1h	118.91	−0.126%	$1.5M	$6.2M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.05	−0.012%	—	$371.0M	—	as long as short
Gate SOL_USDT	+0.0083%	8h	119.05	−0.008%	$869.5M	$681.6M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.01	−0.045%	$13.4M	$53.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.00	−0.055%	$2.0M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.06	0.000%	$354K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.96	−0.086%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.06	0.000%	$46K	$781K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.05	−0.009%	$6.5M	$41.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.15	+0.076%	$719.0M	$414.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.05	−0.008%	$179.7M	$174.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.04	−0.014%	$12.4M	$114.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.05	−0.008%	$973.2M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.08	+0.018%	$825.8M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.03	−0.025%	$370.9M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.98	−0.067%	$233K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.07	+0.007%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	119.06	long leg	$474.7M	$1.08B	300x
KuCoin SOLUSDTM	+0.0100%	8h	119.06	−0.001%	$142.8M	$196.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.05	−0.007%	$496.9M	$448.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.04	−0.017%	$24.4M	$38.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.00	−0.050%	$27.4M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.99	−0.062%	$95.6M	$398.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.12	+0.051%	$48.8M	$33.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.04	−0.017%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.06	0.000%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.05	−0.008%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.06	−0.003%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.05	−0.009%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.06	0.000%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.01	−0.042%	$46.5M	$100.0M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.98	−0.066%	$133.4M	$11.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.04	−0.016%	$8.7M	$36.9M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.11	+0.045%	$8.1M	$414.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.08	+0.013%	—	$217.0M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.06	0.000%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.05	−0.007%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.04	−0.013%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.98	−0.067%	$51.7M	$86.9M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.10	+0.030%	$36.0M	$89.4M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0173%	1h	119.08	+0.013%	$3.6M	—	200x	as long as short