Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: SunX against MEXC+0.177%7-day average −0.020% · 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−$11as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.078%+$8 on $10k

Price spread, last 3 days (all we have)−0.369%−$37 · spread now +0.177%, 7d avg −0.020%

Together, before fees−0.291%−$29 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: SunX is 0.197% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	118.95	0.0100	pay 0.0100% / 8h	2h 33m	$471.0M	$1.08B	300x
Short	SunX SOL-USDT	119.16	0.0100	get 0.0100% / 8h	2h 33m	$193K	$1.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.177%Rate

Funding earned: $0
Price spread: +0.177% → −0.020%: $19.68
Slippage, 4 orders: −$20.24
Fee MEXC: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$10.57
Costs to cover: 0.302%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; SunX: live order book, 12 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, 6 min ago	0.42 bp	1.4 bp −$1	1.5 bp −$15	2.9 bp −$289	4.7 bp −$2,354
Sell SunX live order book, 12 min ago	1.72 bp	19.8 bp −$20	26.1 bp −$261	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
Injective SOL/USDC PERP	−0.0151%	1h	118.89	−0.050%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	119.03	+0.066%	$2.0M	$3.2M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.19	+0.199%	$845	$8K	25x	as long as short
Vest SOL-PERP	−0.0080%	1h	119.05	+0.087%	—	$724K	20x	as long as short
Aftermath Perps SOLUSD	−0.0016%	1h	118.96	+0.012%	$24K	$47K	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.12	+0.140%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.17	+0.185%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.16	+0.172%	$180K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.15	+0.169%	$26.7M	$27.7M	50x	as long as short
dYdX SOL-USD	0.0000%	1h	118.99	+0.031%	$4.9M	$26.9M	20x	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	119.13	+0.148%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0066%	8h	119.04	+0.079%	$231.9M	$43.6M	75x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.16	+0.177%	$104K	$152K	20x	as long as short
ApeX Omni SOLUSDT	+0.0075%	1h	119.12	+0.142%	$1.5M	$6.2M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.05	+0.082%	—	$10.5M	—	as long as short
Hibachi SOL/USDT-P	+0.0080%	1h	119.00	+0.039%	$122K	$600K	20x	as long as short
Gate SOL_USDT	+0.0087%	8h	119.04	+0.076%	$868.1M	$680.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	118.97	+0.013%	$13.4M	$53.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.99	+0.031%	$2.0M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.10	+0.125%	$354K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.91	−0.033%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.13	+0.151%	$45K	$780K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.10	+0.124%	$5.5M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.10	+0.126%	$718.7M	$414.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.06	+0.093%	$179.7M	$174.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.98	+0.025%	$12.4M	$114.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.94	−0.006%	$971.5M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.97	+0.021%	$825.0M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.92	−0.025%	$370.5M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.95	0.000%	$234K	$863K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.24	+0.245%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	118.95	long leg	$471.0M	$1.08B	300x
KuCoin SOLUSDTM	+0.0100%	8h	119.04	+0.074%	$143.0M	$196.3M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.99	+0.033%	$496.6M	$448.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.10	+0.126%	$24.4M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.00	+0.043%	$27.4M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.71	−0.202%	$95.3M	$397.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.11	+0.132%	$48.7M	$33.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.06	+0.092%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.11	+0.135%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.09	+0.116%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.12	+0.142%	$37K	$15K	25x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	119.16	+0.177%	$193K	$1.9M	30x
SoDEX SOL-USD	+0.0100%	1h	119.09	+0.118%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.09	+0.118%	$46.5M	$99.9M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.71	−0.202%	$133.1M	$11.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.02	+0.059%	$8.6M	$36.9M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.15	+0.166%	$8.1M	$414.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.15	+0.170%	—	$216.7M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.03	+0.067%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.19	+0.205%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.09	+0.115%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.03	+0.067%	$51.8M	$86.9M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.11	+0.138%	$36.0M	$89.4M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0173%	1h	119.11	+0.136%	$3.6M	—	200x	as long as short