Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Binance against Aevo+0.026%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$430.434% of the position

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 3 days (all we have)+0.178%+$18 · spread now +0.026%, 7d avg +0.021%

Together, before fees+0.189%+$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	119.58	0.0096	pay 0.0012% / 1h	22m 47s	$355K	$741K	20x
Short	Binance SOLUSDT	119.61	0.0100	get 0.0100% / 8h	2h 22m	$977.1M	$3.76B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.026%Rate

Funding earned: $0.84
Price spread: +0.026% → +0.021%: $0.51
Slippage, 4 orders: −$17.38
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$42.03
Costs to cover: 0.434%
Break-even: 357.2 days

Slippage from Aevo: live order book, 1 min ago; Binance: live order book, 6 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 Aevo live order book, 1 min ago	4.14 bp	16.0 bp −$16	39.3 bp −$393	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.42 bp	5.4 bp −$5	5.4 bp −$54	8.0 bp −$799	17.8 bp −$8,921

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
Injective SOL/USDC PERP	−0.0151%	1h	119.15	−0.358%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.66	+0.066%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0076%	1h	119.54	−0.035%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0047%	1h	119.50	−0.069%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.59	+0.013%	$4.9M	$26.9M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.57	−0.007%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.60	+0.018%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.63	+0.039%	$180K	$4.0M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0012%	1h	119.36	−0.181%	$24K	$47K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0027%	1h	119.64	+0.051%	$26.8M	$27.7M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0057%	8h	119.49	−0.070%	$232.7M	$44.5M	75x	as long as short
Orderly PERP_SOL_USDC	+0.0061%	8h	119.59	+0.014%	$1.1M	$5.9M	100x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.52	−0.048%	$122K	$602K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.60	+0.018%	$105K	$152K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.62	+0.032%	—	$371.5M	—	as long as short
Gate SOL_USDT	+0.0086%	8h	119.60	+0.018%	$873.1M	$684.6M	100x	as long as short
ApeX Omni SOLUSDT	+0.0091%	1h	119.29	−0.241%	$1.5M	$6.2M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.61	+0.026%	$13.7M	$54.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.60	+0.020%	$2.1M	$16.9M	25x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	119.58	long leg	$355K	$741K	20x
Paradex SOL-USD-PERP	+0.0099%	8h	119.59	+0.013%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.57	−0.007%	$47K	$787K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.56	−0.013%	$6.5M	$41.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.68	+0.085%	$722.3M	$410.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.63	+0.040%	$180.2M	$175.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.64	+0.051%	$12.4M	$114.7M	20x	as long as short
Binance SOLUSDTshort	+0.0100%	8h	119.61	+0.026%	$977.1M	$3.76B	100x
Bybit SOLUSDT	+0.0100%	8h	119.66	+0.066%	$829.9M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.62	+0.035%	$372.7M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.61	+0.026%	$234K	$876K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.64	+0.051%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.63	+0.043%	$451.0M	$1.09B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.59	+0.009%	$142.8M	$196.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.61	+0.029%	$499.9M	$450.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.60	+0.018%	$24.4M	$38.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.50	−0.065%	$27.5M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.25	−0.271%	$95.8M	$398.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.36	−0.183%	$48.8M	$33.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.56	−0.016%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.57	−0.007%	$367K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.55	−0.026%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.57	−0.005%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.55	−0.028%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.58	+0.001%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.56	−0.016%	$46.7M	$100.8M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.98	−0.500%	$133.4M	$11.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.58	+0.002%	$8.8M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.65	+0.060%	$8.2M	$417.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.57	−0.005%	—	$218.5M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.53	−0.041%	$6.6M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.63	+0.045%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.55	−0.027%	$1.1M	$555K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.59	+0.010%	$51.8M	$86.4M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0222%	1h	119.62	+0.034%	$36.1M	$89.6M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0174%	1h	119.56	−0.013%	$3.6M	—	200x	as long as short