Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against StandX−0.069%48s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as 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−$600.597% of the position

Long on StandX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.069%, 7d avg −0.021%

Together, before fees−0.007%+ Points / potential airdropStandX: Active · farm board−$1 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 0.048% cheaper against StandX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 48 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	118.98	0.0100	pay 0.0013% / 1h	11m 30s	$1.4M	$13.4M	30x
Short	SunX SOL-USDT	118.90	0.0100	get 0.0100% / 8h	1h 11m	$193K	$1.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.021%: −$4.8
Slippage, 4 orders: −$43.72
Fee StandX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$64.52
Costs to cover: 0.597%
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; SunX: 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, 3 min ago	5.88 bp	9.9 bp −$10	10.2 bp −$102	20.6 bp −$2,055	doesn't fit
Sell SunX live order book, 4 min ago	2.85 bp	19.3 bp −$19	34.9 bp −$349	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
Bluefin SOL-PERP	−0.0287%	1h	118.91	−0.061%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0107%	1h	118.83	−0.130%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.88	−0.082%	$843	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	118.83	−0.127%	—	$723K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	118.92	−0.053%	$112K	—	150x	as long as short
dYdX SOL-USD	−0.0001%	1h	118.88	−0.081%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.98	−0.003%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.94	−0.035%	$177K	$4.0M	8.3x	as long as short
Phoenix SOL	+0.0054%	1h	118.97	−0.008%	$6.5M	$13.6M	25x	as long as short
Hibachi SOL/USDT-P	+0.0056%	1h	118.96	−0.016%	$118K	$613K	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	+0.0069%	8h	118.91	−0.057%	$1.0M	$5.9M	100x	as long as short
Aftermath Perps SOLUSD	+0.0069%	1h	119.16	+0.155%	$24K	$47K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	118.89	−0.076%	$104K	$155K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0078%	1h	118.96	−0.014%	$26.6M	$27.7M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.86	−0.103%	—	$10.5M	—	as long as short
HTX SOL-USDT	+0.0080%	8h	118.89	−0.079%	$231.4M	$45.0M	75x	as long as short
Gate SOL_USDT	+0.0089%	8h	118.87	−0.092%	$868.4M	$687.7M	100x	as long as short
Lighter SOL	+0.0096%	1h	118.89	−0.078%	$13.6M	$56.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.87	−0.092%	$2.2M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.90	−0.071%	$352K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.86	−0.105%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.84	−0.118%	$46K	$798K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.88	−0.080%	$6.0M	$41.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.97	−0.008%	$716.5M	$417.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.86	−0.101%	$178.0M	$176.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.92	−0.054%	$12.3M	$118.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.86	−0.101%	$979.5M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.88	−0.083%	$826.3M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.86	−0.101%	$371.4M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.78	−0.168%	$233K	$884K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.89	−0.074%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.28	+0.254%	$133.9M	$7.8M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.88	−0.084%	$453.8M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.88	−0.087%	$139.2M	$201.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.85	−0.112%	$494.5M	$456.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.88	−0.084%	$24.1M	$37.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.22	+0.202%	$27.3M	$128.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.00	+0.020%	$95.6M	$399.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.97	−0.009%	$48.7M	$31.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	118.93	−0.041%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USDlong	+0.0100%	1h	118.98	long leg	$1.4M	$13.4M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	118.85	−0.109%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.91	−0.057%	$200K	$1.7M	20x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	118.90	−0.069%	$193K	$1.9M	30x
SoDEX SOL-USD	+0.0100%	1h	118.90	−0.067%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.92	−0.050%	$46.5M	$102.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.82	−0.138%	$8.7M	$36.3M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.92	−0.048%	$8.2M	$415.5M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.95	−0.024%	—	$224.5M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0150%	1h	118.91	−0.056%	$32.6M	$97.0M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0170% / S −0.0072%	1h	118.91	−0.056%	$3.7M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0182%	1h	118.84	−0.117%	$1.1M	$552K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	118.88	−0.084%	$1.7M	$5.8M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.38	+0.336%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.98	0.000%	$52.0M	$82.7M	125x	as long as short