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−0.0020%/8h= −2.2% APRnext payment $0.20 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against SunX+0.137%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.137%, 7d avg +0.017%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.120% dearer against SunX than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.017%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOL-USDT119.250.0100pay 0.0100% / 8h1h 01m$194K$1.9M30x
ShortBingX SOL-USDT119.410.0080get 0.0080% / 8h1h 01m$372.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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
−$4.2
Price spread: +0.137% → +0.017%
$12.02
Slippage, 4 orders
−$33.09
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$43.26
Costs to cover
0.511%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; BingX: 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 SunX live order book, 5 min ago3.79 bp20.8 bp −$2132.1 bp −$321doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago0.80 bp5.8 bp −$65.8 bp −$587.1 bp −$71411.1 bp −$5,533

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
Bluefin SOL-PERP−0.0169%1h119.27+0.023%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.24−0.001%$845$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.20−0.035%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.19−0.043%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.29+0.037%$115K150xas long as short
dYdX SOL-USD−0.0001%1h119.26+0.015%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.30+0.045%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.28+0.026%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h119.28+0.029%$6.6M$13.6M25xas long as short
01 Exchange SOLUSD+0.0064%1h119.27+0.021%$104K$157K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0070%8h119.28+0.028%$1.1M$5.9M100xas long as short
BingX SOL-USDTshort+0.0080%8h119.41+0.137%$372.6M
HTX SOL-USDT+0.0082%8h119.23−0.013%$232.1M$45.0M75xas long as short
Aftermath Perps SOLUSD+0.0085%1h119.18−0.051%$24K$47K20xas long as short
Gate SOL_USDT+0.0087%8h119.40+0.130%$872.2M$690.6M100xas long as short
Hibachi SOL/USDT-P+0.0088%1h119.30+0.047%$118K$608K20xas long as short
Lighter SOL+0.0096%1h119.27+0.022%$13.6M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h119.27+0.023%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.10−0.120%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.24−0.005%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.26+0.012%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.23−0.009%$6.1M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.47+0.189%$720.6M$410.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.40+0.126%$178.8M$175.3M100xas long as short
Pacifica SOL+0.0100%1h119.28+0.029%$12.3M$119.0M20xas long as short
Binance SOLUSDT+0.0100%8h119.37+0.105%$983.2M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.40+0.130%$830.2M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.37+0.105%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.26+0.012%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.28+0.028%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.85−0.331%$133.1M$7.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.41+0.138%$454.1M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29+0.034%$139.8M$202.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.37+0.103%$497.1M$455.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.39+0.121%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.17−0.064%$27.5M$128.4Mas long as short
edgeX SOLUSDC+0.0100%4h119.22−0.024%$95.8M$401.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.21−0.030%$48.8M$31.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.17−0.059%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.28+0.029%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.24−0.004%$368K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.26+0.011%$203K$1.7M20xas long as short
SunX SOL-USDTlong+0.0100%8h119.25long leg$194K$1.9M30x
SoDEX SOL-USD+0.0100%1h119.28+0.029%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.28+0.029%$46.6M$102.1M50xas long as short
Extended SOL-USD+0.0104%1h119.34+0.081%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.31+0.050%$8.3M$416.7M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0113%1h119.34+0.077%$26.7M$27.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.26+0.014%$224.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.30+0.043%$32.6M$96.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0169% / S −0.0071%1h119.28+0.031%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.23−0.013%$1.1M$547K25xas long as short
RISEx SOL/USDC+0.0192%1h119.28+0.033%$1.7M$5.5M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.02−0.189%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.36+0.096%$52.1M$84.1M125xas long as short