Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against Phemex−0.017%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)+0.210%+$21 · spread now −0.017%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOLUSDT | 119.01 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $46.5M | $100.0M | 50x |
| Short | MEXC SOL_USDT | 118.99 | 0.0100 | get 0.0100% / 8h | 2h 33m | $471.2M | $1.08B | 300x |
Phemex SOLUSDT
MEXC SOL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.017% → −0.003%
- −$1.42
- Slippage, 4 orders
- −$3.79
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 1 bp × 2 orders
- −$2
- Net
- −$19.21
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; MEXC: 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 Phemex live order book, 6 min ago | 0.42 bp | 7.4 bp −$7 | 8.0 bp −$80 | 16.8 bp −$1,680 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.42 bp | 1.4 bp −$1 | 1.4 bp −$14 | 2.9 bp −$288 | 4.5 bp −$2,250 |
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 | −0.101% | $4K | $2K | 12x | as long as short |
| Derive SOL-PERP | −0.0104% | 1h | 118.87 | −0.116% | $2.0M | $3.2M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.98 | −0.028% | $844 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0080% | 1h | 118.94 | −0.059% | — | $724K | 20x | as long as short |
| Aftermath Perps SOLUSD | −0.0012% | 1h | 118.98 | −0.027% | $24K | $47K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.98 | −0.029% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.99 | −0.017% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.96 | −0.041% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 119.05 | +0.031% | $26.7M | $27.7M | 50x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 118.99 | −0.020% | $4.9M | $26.9M | 20x | as long as short |
Injective SOL/USDC PERP
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
Aftermath Perps SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
dYdX SOL-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0060% | 8h | 118.97 | −0.033% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0064% | 8h | 118.87 | −0.121% | $231.6M | $43.6M | 75x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 118.96 | −0.042% | $104K | $152K | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0072% | 1h | 119.13 | +0.099% | $123K | $600K | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0075% | 1h | 119.12 | +0.092% | $1.5M | $6.2M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.99 | −0.016% | — | $370.6M | — | as long as short |
| Gate SOL_USDT | +0.0083% | 8h | 118.98 | −0.025% | $868.5M | $681.2M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.99 | −0.018% | $13.4M | $53.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.99 | −0.018% | $2.0M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.99 | −0.020% | $354K | $741K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.91 | −0.084% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.96 | −0.042% | $45K | $780K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.94 | −0.059% | $5.5M | $40.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.08 | +0.059% | $718.5M | $414.1M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.98 | −0.025% | $179.6M | $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 | 118.99 | −0.015% | $971.9M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.02 | +0.005% | $825.3M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.97 | −0.034% | $370.6M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.95 | −0.050% | $234K | $862K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.01 | 0.000% | $2.0M | $8.9M | 20x | as long as short |
| MEXC SOL_USDTshort | +0.0100% | 8h | 118.99 | −0.017% | $471.2M | $1.08B | 300x | |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.00 | −0.005% | $143.0M | $196.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.00 | −0.009% | $496.6M | $448.6M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.01 | 0.000% | $24.4M | $38.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.00 | −0.008% | $27.4M | $127.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.99 | −0.014% | $95.6M | $397.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.12 | +0.093% | $48.8M | $33.4M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.06 | +0.042% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.95 | −0.050% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.94 | −0.057% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.97 | −0.029% | $37K | $15K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.94 | −0.059% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.98 | −0.025% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDTlong | +0.0100% | 8h | 119.01 | long leg | $46.5M | $100.0M | 50x | |
| Bulk SOL-USD | +0.0100% | 1h | 118.71 | −0.252% | $133.1M | $11.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.92 | −0.080% | $8.6M | $36.9M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.03 | +0.015% | $8.1M | $414.3M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.96 | −0.041% | — | $216.8M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.03 | +0.017% | $6.7M | $12.5M | 25x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 118.98 | −0.025% | $1.6M | $6.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.94 | −0.056% | $1.1M | $557K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.98 | −0.025% | $51.7M | $86.9M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0224% | 1h | 119.02 | +0.012% | $36.0M | $89.4M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0237% / S −0.0173% | 1h | 118.97 | −0.032% | $3.6M | — | 200x | as long as short |
Orderly PERP_SOL_USDC
HTX SOL-USDT
01 Exchange SOLUSD
Hibachi SOL/USDT-P
ApeX Omni SOLUSDT
BingX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Phoenix SOL
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]