Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.044%

Price spread now: Jupiter Perps against SunX+0.020%7-day average +0.014% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Jupiter Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.151%−$15 on $10k

Price spread, last 3 days (all we have)−0.024%−$2 · spread now +0.020%, 7d avg +0.014%

Together, before fees−0.175%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOL-USDT	117.75	0.0100	pay 0.0100% / 8h	6h 33m	$191K	$1.8M	30x
Short	Jupiter Perps SOL-PERP	117.77	L +0.0112% / S +0.0056%	pay 0.0007% / 1h	33m 37s	—	$228.0M	500x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Jupiter Perps 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

Position, each leg$Hold fordaysFee SunXbpFee Jupiter PerpsbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$32.76
Price spread: +0.020% → +0.014%: $0.58
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Net: −$52.18
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 min ago; Jupiter Perps: no order-book sample. Net counts fees only.

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 SunX live order book, 12 min ago	4.18 bp	21.8 bp −$22	32.6 bp −$326	doesn't fit	doesn't fit
Sell Jupiter Perps no order-book sample	—	—	—	—	—

Jupiter Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 54 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
ApeX Omni SOLUSDT	−0.0089%	1h	117.61	−0.117%	$1.5M	$6.1M	50x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.80	+0.044%	$921	$8K	25x	as long as short
Vest SOL-PERP	−0.0073%	1h	117.69	−0.046%	—	$609K	20x	as long as short
Hibachi SOL/USDT-P	−0.0072%	1h	117.68	−0.053%	$92K	$695K	20x	as long as short
Derive SOL-PERP	−0.0022%	1h	117.67	−0.067%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.77	+0.019%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.65	−0.083%	$4.5M	$24.4M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.78	+0.025%	$1.4M	$21.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.80	+0.043%	$129K	$3.9M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	117.80	+0.043%	$26.4M	$25.5M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0002%	8h	117.71	−0.032%	$228.8M	$45.5M	75x	as long as short
Gate SOL_USDT	+0.0015%	8h	117.58	−0.143%	$853.0M	$659.6M	100x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.58	−0.143%	$2.0M	$4.6M	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.76	+0.007%	$31.5M	$98.8M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.79	+0.039%	$8.0M	$410.8M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.61	−0.117%	—	$369.2M	—	as long as short
Orderly PERP_SOL_USDC	+0.0086%	8h	117.77	+0.017%	$1.1M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.64	−0.093%	$13.0M	$59.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.62	−0.109%	$2.2M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.65	−0.083%	$103K	$164K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.77	+0.015%	$345K	$259K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.67	−0.062%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.60	−0.126%	$65K	$852K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.74	−0.007%	$5.7M	$41.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.76	+0.010%	$719.4M	$401.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.76	+0.011%	$176.9M	$180.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.66	−0.072%	$14.4M	$131.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.61	−0.117%	$970.4M	$3.83B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.60	−0.124%	$820.2M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.58	−0.143%	$365.5M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.61	−0.117%	$238K	$891K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.60	−0.124%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.55	−0.165%	$134.7M	$14.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.60	−0.126%	$427.0M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.67	−0.063%	$131.5M	$210.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.57	−0.154%	$486.6M	$442.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.83	+0.070%	$23.8M	$37.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.66	−0.077%	$24.4M	$128.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.62	−0.105%	$94.5M	$405.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.52	−0.193%	$48.2M	$29.7M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.66	−0.075%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.75	+0.002%	$360K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.77	+0.018%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.73	−0.012%	$37K	$16K	25x	as long as short
SunX SOL-USDTlong	+0.0100%	8h	117.75	long leg	$191K	$1.8M	30x
SoDEX SOL-USD	+0.0100%	1h	117.77	+0.019%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.76	+0.010%	$45.8M	$101.8M	50x	as long as short
Phoenix SOL	+0.0101%	1h	117.33	−0.355%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.55	−0.169%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERPshort	L +0.0112% / S +0.0056%	1h	117.77	+0.020%	—	$228.0M	500x
Reya SOLRUSDPERP	+0.0188%	1h	117.75	0.000%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	118.20	+0.384%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0172%	1h	117.76	+0.007%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0321%	1h	117.70	−0.037%	$25K	$51K	20x	as long as short