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−0.0029%/8h= −3.2% APRnext payment $0.29 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against MEXC−0.051%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$190.193% 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+0.059%+$6 · spread now −0.051%, 7d avg −0.003%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.047% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOL_USDT118.610.0100pay 0.0100% / 8h10m 39s$425.6M$1.13B300x
ShortGate SOL_USDT118.550.0071get 0.0071% / 8h10m 39s$864.9M$686.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$6.09
Price spread: −0.051% → −0.003%
−$4.72
Slippage, 4 orders
−$2.31
Fee MEXC: 1 bp × 2 orders
−$2
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$30.12
Costs to cover
0.193%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 3 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 MEXC live order book, 4 min ago0.42 bp1.4 bp −$11.5 bp −$152.9 bp −$2904.7 bp −$2,348
Sell Gate live order book, 3 min ago0.42 bp8.5 bp −$911.0 bp −$11017.8 bp −$1,77528.8 bp −$14.4K

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
Derive SOL-PERP−0.0100%1h118.40−0.179%$2.0M$2.8M13xas long as short
Hotstuff SOL-PERP−0.0080%1h118.49−0.098%$840$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.46−0.126%$723K20xas long as short
dYdX SOL-USD−0.0021%1h118.58−0.025%$4.8M$28.0M20xas long as short
ApeX Omni SOLUSDT−0.0014%1h118.53−0.068%$1.5M$6.2M50xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.50−0.094%$113K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.62+0.005%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.49−0.099%$174K$3.9M8.3xas long as short
Gate SOL_USDTshort+0.0071%8h118.55−0.051%$864.9M$686.8M100x
Orderly PERP_SOL_USDC+0.0076%8h118.50−0.096%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0078%8h118.44−0.141%$230.5M$45.2M75xas long as short
01 Exchange SOLUSD+0.0080%1h118.69+0.067%$104K$158K20xas long as short
BingX SOL-USDC+0.0080%8h118.59−0.013%$10.5Mas long as short
Deribit SOL_USDC-PERPETUAL+0.0083%1h118.53−0.067%$26.6M$25.8M50xas long as short
Lighter SOL+0.0096%1h118.62+0.008%$13.4M$56.6M25xas long as short
Lighter RH SOL+0.0096%1h118.61−0.001%$2.1M$17.1M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h118.62+0.004%$120K$631K20xas long as short
Aevo SOL-PERP+0.0096%1h118.45−0.131%$351K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.50−0.093%$8.1M$415.7M50xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.64+0.024%$1.0M$521K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.62+0.008%$45K$802K20xas long as short
Nado SOL-PERP+0.0100%1h118.52−0.079%$5.7M$40.9M40xas long as short
Hyperliquid SOL+0.0100%1h118.65+0.034%$717.4M$411.0M20xas long as short
Aster SOLUSDT+0.0100%8h118.60−0.012%$178.3M$177.4M100xas long as short
Pacifica SOL+0.0100%1h118.65+0.033%$12.2M$121.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.63+0.017%$977.7M$3.83B100xas long as short
Bybit SOLUSDT+0.0100%8h118.63+0.017%$822.4M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.63+0.017%$369.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.58−0.025%$229K$876K10xas long as short
Arcus SOL-USD+0.0100%1h118.68+0.056%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.73+0.099%$133.6M$4.6M20xas long as short
MEXC SOL_USDTlong+0.0100%8h118.61long leg$425.6M$1.13B300x
KuCoin SOLUSDTM+0.0100%8h118.56−0.039%$137.6M$206.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.64+0.029%$492.2M$459.4M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.49−0.101%$24.1M$38.6M50xas long as short
Variational Omni SOL+0.0100%8h118.48−0.111%$26.9M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h118.54−0.057%$95.2M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.53−0.070%$48.6M$31.1M20xas long as short
StandX SOL-USD+0.0100%1h118.57−0.034%$1.3M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.48−0.110%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.47−0.116%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.48−0.109%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.46−0.130%$192K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.47−0.118%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.48−0.110%$46.3M$102.7M50xas long as short
Phoenix SOL+0.0100%1h118.69+0.067%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.63+0.014%$8.6M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0106%1h118.49−0.101%$32.5M$97.2M100xas long as short
Aftermath Perps SOLUSD+0.0111%1h118.62+0.012%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.61+0.001%$226.1M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0167% / S −0.0064%1h118.49−0.102%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0170%1h118.91+0.253%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0184%1h118.46−0.123%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.48−0.110%$51.8M$80.0M125xas long as short
RISEx SOL/USDC+0.0226%1h118.66+0.042%$1.8M$4.9M20xas long as short