Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: MEXC against Aevo−0.221%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1000.997% of the position

Long on Aevo Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.616%+$62 · spread now −0.221%, 7d avg +0.022%

Together, before fees+0.635%+$63 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: MEXC is 0.242% cheaper against Aevo than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	116.28	0.0096	pay 0.0012% / 1h	33m 34s	$351K	$249K	20x
Short	MEXC SOL_USDT	116.02	0.0100	get 0.0100% / 8h	7h 33m	$372.9M	$1.05B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.221%Rate

Funding earned: $0.84
Price spread: −0.221% → +0.022%: −$24.25
Slippage, 4 orders: −$81.69
Fee Aevo: 8 bp × 2 orders: −$16
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$123.1
Costs to cover: 0.997%
Break-even: 1032.8 days

Slippage from Aevo: live order book, 65 min ago; MEXC: 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, 65 min ago	31.46 bp	47.7 bp −$48	56.2 bp −$562	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.8 bp −$284	4.4 bp −$2,194

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
Hotstuff SOL-PERP	−0.0080%	1h	116.34	+0.055%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	116.25	−0.026%	$32.3M	$105.3M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.22	−0.049%	$42K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.05	−0.194%	$4.3M	$23.3M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.24	−0.032%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.20	−0.069%	$99K	$3.4M	8.3x	as long as short
Vest SOL-PERP	+0.0002%	1h	116.15	−0.110%	—	$636K	20x	as long as short
Derive SOL-PERP	+0.0007%	1h	116.15	−0.109%	$1.8M	$2.9M	13x	as long as short
Bybit SOLUSDT	+0.0008%	8h	116.02	−0.221%	$728.8M	$1.39B	100x	as long as short
Bitget SOLUSDT	+0.0024%	8h	116.02	−0.218%	$478.5M	$446.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.28	0.000%	$7.7M	$391.6M	50x	as long as short
Aster SOLUSDT	+0.0052%	8h	116.03	−0.209%	$176.1M	$169.4M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0056%	1h	116.34	+0.055%	$26.2M	$21.4M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0068%	8h	116.31	+0.032%	$1.0M	$5.9M	100x	as long as short
SoDEX SOL-USD	+0.0084%	1h	116.21	−0.057%	$6.1M	$11.0M	20x	as long as short
Lighter SOL	+0.0096%	1h	116.04	−0.204%	$13.0M	$56.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.03	−0.213%	$2.2M	$14.8M	25x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	116.28	long leg	$351K	$249K	20x
Paradex SOL-USD-PERP	+0.0098%	8h	116.03	−0.211%	$1.0M	$554K	50x	as long as short
Gate SOL_USDT	+0.0099%	8h	116.05	−0.195%	$844.5M	$611.6M	100x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.03	−0.212%	$58K	$906K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.27	−0.010%	$5.4M	$41.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.16	−0.100%	$694.2M	$404.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.08	−0.165%	$15.6M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.03	−0.212%	$959.1M	$3.82B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.04	−0.204%	$365.6M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.07	−0.178%	$217K	$844K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.05	−0.192%	$947K	$8.4M	20x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	116.02	−0.221%	$372.9M	$1.05B	300x
KuCoin SOLUSDTM	+0.0100%	8h	116.04	−0.206%	$129.4M	$237.5M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.03	−0.215%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.20	−0.066%	$22.8M	$36.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.19	−0.078%	$24.8M	$104.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.21	−0.054%	$93.3M	$404.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.14	−0.118%	$47.5M	$28.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.33	+0.042%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.17	−0.092%	$1.3M	$11.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.18	−0.083%	$318K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.20	−0.069%	$281K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.13	−0.125%	$189K	$1.7M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.32	+0.038%	$225.2M	$50.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.19	−0.075%	$45.2M	$103.0M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.25	−0.025%	$125.8M	$25.7M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	115.99	−0.243%	$8.3M	$36.5M	50x	as long as short
01 Exchange SOLUSD	+0.0112%	1h	116.08	−0.169%	$101K	$183K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.21	−0.061%	—	$230.3M	500x	as long as short
Phoenix SOL	+0.0124%	1h	116.27	−0.006%	$6.5M	$13.4M	25x	as long as short
Hibachi SOL/USDT-P	+0.0136%	1h	116.24	−0.032%	$101K	$683K	20x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	+0.054%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0197%	1h	116.12	−0.136%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.18	−0.083%	$52.0M	$63.5M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.20	−0.063%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0410%	1h	116.28	+0.005%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	116.08	−0.168%	$2.1M	$4.8M	20x	as long as short
Bluefin SOL-PERP	+0.0591%	1h	116.32	+0.039%	$27K	$36K	25x	as long as short