Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.006%

Price spread now: Gate against 01 Exchange−0.034%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$460.455% of the position

Long on 01 Exchange Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.034%, 7d avg −0.034%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SOLUSD	116.72	0.0040	pay 0.0005% / 1h	32m 17s	$99K	$171K	20x
Short	Gate SOL_USDT	116.68	0.0100	get 0.0100% / 8h	4h 32m	$842.9M	$659.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against 01 Exchange. 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 01 ExchangebpFee GatebpOrdersPrice spread, now −0.034%Rate

Funding earned: $12.6
Price spread: −0.034% → −0.034%: −$0.02
Slippage, 4 orders: −$23.52
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$32.94
Costs to cover: 0.455%
Break-even: 25.3 days

Slippage from 01 Exchange: live order book, 27 min ago; Gate: live order book, 2 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 01 Exchange live order book, 27 min ago	0.86 bp	14.7 bp −$15	21.8 bp −$218	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	0.43 bp	8.3 bp −$8	11.4 bp −$114	18.7 bp −$1,871	30.9 bp −$15.4K

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
Hibachi SOL/USDT-P	−0.0096%	1h	116.63	−0.077%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0096%	1h	116.62	−0.086%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.71	−0.009%	$913	$8K	25x	as long as short
Derive SOL-PERP	−0.0060%	1h	116.64	−0.068%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.71	−0.009%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.56	−0.135%	$1.5M	$18.8M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.66	−0.051%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSDlong	+0.0040%	1h	116.72	long leg	$99K	$171K	20x
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.73	+0.009%	$7.5M	$405.2M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.71	−0.006%	$31.1M	$100.3M	100x	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	+0.0091%	8h	116.73	+0.008%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.72	0.000%	$13.1M	$59.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.68	−0.031%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.71	−0.013%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.63	−0.077%	$51K	$867K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.69	−0.026%	$988K	$534K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.68	−0.031%	$5.4M	$39.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.76	+0.034%	$705.3M	$395.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.70	−0.018%	$174.9M	$182.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.73	+0.007%	$15.7M	$130.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.70	−0.017%	$966.3M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.68	−0.034%	$785.7M	$1.34B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.71	−0.009%	$369.3M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.58	−0.120%	$230K	$847K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.74	+0.015%	$929K	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	−0.231%	$133.2M	$20.7M	20x	as long as short
Gate SOL_USDTshort	+0.0100%	8h	116.68	−0.034%	$842.9M	$659.6M	100x
MEXC SOL_USDT	+0.0100%	8h	116.70	−0.017%	$417.6M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.67	−0.039%	$126.5M	$218.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.69	−0.027%	$479.7M	$441.5M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.70	−0.018%	—	$364.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.66	−0.051%	$23.5M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.25	−0.399%	$24.4M	$114.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.43	−0.252%	$93.5M	$398.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.45	−0.235%	$47.6M	$29.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.53	−0.163%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.43	−0.248%	$1.3M	$13.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.69	−0.026%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.69	−0.026%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.66	−0.049%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.68	−0.033%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.71	−0.009%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.62	−0.086%	$226.3M	$47.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.70	−0.017%	$45.7M	$101.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.66	−0.054%	$7.9M	$36.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.70	−0.013%	—	$230.2M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	−0.137%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.63	−0.077%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0160%	1h	116.77	+0.045%	$26.3M	$25.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.66	−0.049%	$1.1M	$540K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.66	−0.051%	$51.7M	$72.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0171%	1h	116.70	−0.014%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.70	−0.015%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0533%	1h	116.61	−0.093%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.77	+0.044%	$1.9M	$4.9M	20x	as long as short