Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against StandX+0.130%63s7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.307% of the position

Long on StandX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days−0.156%−$16 · spread now +0.130%, 7d avg −0.043%

Together, before fees−0.177%+ Points / potential airdropStandX: Active · edgeX: Active · farm board−$18 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: edgeX is 0.173% dearer against StandX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.043%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	116.12	0.0100	pay 0.0013% / 1h	39m 54s	$1.3M	$12.0M	30x
Short	edgeX SOLUSDC	116.27	0.0100	get 0.0050% / 4h	2h 39m	$93.3M	$402.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against StandX. 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 StandXbpFee edgeXbpOrdersPrice spread, now +0.130%Rate

Funding earned: $0
Price spread: +0.130% → −0.043%: $17.33
Slippage, 4 orders: −$13.65
Fee StandX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$13.32
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from StandX: live order book, 4 min ago; edgeX: live order book, 4 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 StandX live order book, 4 min ago	3.44 bp	9.1 bp −$9	11.5 bp −$115	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	2.15 bp	6.7 bp −$7	6.7 bp −$67	6.7 bp −$674	10.2 bp −$5,106

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
Kraken Futures PF_SOLUSD	−0.0241%	1h	115.82	−0.257%	$31.5M	$103.6M	100x	as long as short
Hibachi SOL/USDT-P	−0.0224%	1h	116.07	−0.045%	$104K	$705K	20x	as long as short
Vest SOL-PERP	−0.0122%	1h	115.83	−0.252%	—	$625K	20x	as long as short
Bybit SOLUSDT	−0.0115%	8h	115.72	−0.344%	$739.6M	$1.41B	100x	as long as short
BingX SOL-USDT	−0.0115%	8h	115.76	−0.309%	—	$367.9M	—	as long as short
Derive SOL-PERP	−0.0097%	1h	115.73	−0.339%	$1.9M	$2.9M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	115.85	−0.236%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.83	−0.245%	$41K	—	150x	as long as short
01 Exchange SOLUSD	0.0000%	1h	115.78	−0.293%	$98K	$177K	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.81	−0.269%	$1.5M	$19.2M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	115.78	−0.291%	$112K	$3.7M	8.3x	as long as short
dYdX SOL-USD	+0.0014%	1h	115.75	−0.319%	$4.3M	$24.6M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	115.82	−0.257%	$7.7M	$403.5M	50x	as long as short
Bullet SOL-USD	+0.0050%	1h	115.81	−0.270%	$146K	$1.6M	20x	as long as short
Bitget SOLUSDT	+0.0071%	8h	115.73	−0.332%	$478.6M	$453.9M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0077%	1h	115.87	−0.214%	$26.2M	$22.4M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	115.83	−0.247%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	115.80	−0.276%	$12.9M	$60.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	115.79	−0.282%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	115.81	−0.268%	$348K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	115.71	−0.353%	$65K	$906K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.73	−0.333%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.75	−0.321%	$5.2M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.90	−0.189%	$689.2M	$400.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	115.80	−0.273%	$173.6M	$183.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	115.78	−0.291%	$15.6M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.77	−0.301%	$965.5M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.76	−0.310%	$360.3M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.71	−0.353%	$213K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.77	−0.299%	$912K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.24	+0.101%	$130.1M	$16.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	115.80	−0.276%	$843.6M	$662.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.77	−0.301%	$354.7M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	115.80	−0.277%	$123.3M	$227.9M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	115.83	−0.250%	$22.8M	$40.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.96	−0.141%	$25.0M	$114.1M	—	as long as short
edgeX SOLUSDCshort	+0.0100%	4h	116.27	+0.130%	$93.3M	$402.8M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	116.31	+0.164%	$47.6M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.31	+0.164%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USDlong	+0.0100%	1h	116.12	long leg	$1.3M	$12.0M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	115.78	−0.293%	$316K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.80	−0.280%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	115.81	−0.264%	$188K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	115.80	−0.276%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.71	−0.350%	$224.2M	$49.9M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	115.82	−0.258%	$45.1M	$103.6M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.74	−0.326%	$8.0M	$38.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.77	−0.306%	—	$238.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.370%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.27	+0.129%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.78	−0.291%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	115.81	−0.267%	$51.7M	$67.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.82	−0.255%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	115.81	−0.269%	$1.9M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0596%	1h	116.24	+0.106%	$25K	$52K	20x	as long as short