Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h −0.055%

Price spread now: MEXC against Aftermath Perps−0.202%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.202% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SOLUSD	118.94	0.0113	pay 0.0014% / 1h	26m 22s	$24K	$47K	20x
Short	MEXC SOL_USDT	118.70	0.0100	get 0.0100% / 8h	26m 22s	$430.8M	$1.13B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aftermath Perps. 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 Aftermath PerpsbpFee MEXCbpOrdersPrice spread, now −0.202%Rate

Funding earned: −$2.68
Price spread: −0.202% → 0.000%: −$20.21
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$33.89
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; MEXC: live order book, 3 min ago. 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	0.42 bp	1.4 bp −$1	1.4 bp −$14	2.8 bp −$280	4.7 bp −$2,355

Aftermath 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 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	118.70	−0.204%	$842	$8K	25x	as long as short
Vest SOL-PERP	−0.0074%	1h	118.67	−0.226%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0073%	1h	118.58	−0.299%	$2.0M	$2.8M	13x	as long as short
dYdX SOL-USD	−0.0015%	1h	118.73	−0.180%	$4.9M	$28.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	118.71	−0.194%	$112K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.72	−0.189%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.73	−0.177%	$176K	$4.0M	8.3x	as long as short
ApeX Omni SOLUSDT	+0.0019%	1h	118.84	−0.084%	$1.5M	$6.2M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0026%	1h	118.71	−0.190%	$26.6M	$26.0M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0075%	8h	118.68	−0.222%	$1.0M	$5.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0080%	1h	118.73	−0.177%	$103K	$157K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.66	−0.238%	—	$10.5M	—	as long as short
HTX SOL-USDT	+0.0084%	8h	118.57	−0.310%	$230.8M	$45.1M	75x	as long as short
Gate SOL_USDT	+0.0087%	8h	118.67	−0.227%	$861.9M	$681.1M	100x	as long as short
Lighter SOL	+0.0096%	1h	118.70	−0.200%	$13.5M	$55.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.64	−0.249%	$2.2M	$16.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	118.76	−0.154%	$119K	$629K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.65	−0.241%	$352K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.69	−0.214%	$8.1M	$415.5M	50x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.71	−0.190%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.71	−0.194%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.69	−0.210%	$6.0M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.80	−0.118%	$718.8M	$412.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.68	−0.221%	$177.7M	$177.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.74	−0.165%	$12.2M	$121.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.69	−0.213%	$979.5M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.69	−0.207%	$822.4M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.66	−0.236%	$371.0M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.68	−0.219%	$232K	$871K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.72	−0.181%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.93	−0.008%	$133.7M	$5.4M	20x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	118.70	−0.202%	$430.8M	$1.13B	300x
KuCoin SOLUSDTM	+0.0100%	8h	118.70	−0.200%	$138.1M	$205.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.64	−0.249%	$491.9M	$460.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.79	−0.126%	$24.2M	$38.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.69	−0.209%	$27.1M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.84	−0.082%	$95.5M	$400.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.94	0.000%	$48.7M	$31.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.76	−0.152%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.68	−0.219%	$367K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.69	−0.214%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.68	−0.216%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.66	−0.232%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.66	−0.236%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.68	−0.219%	$46.4M	$102.9M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.92	−0.017%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.63	−0.262%	$8.7M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	118.65	−0.244%	$32.5M	$97.2M	100x	as long as short
Aftermath Perps SOLUSDlong	+0.0113%	1h	118.94	long leg	$24K	$47K	20x
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.78	−0.132%	—	$226.0M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0168% / S −0.0066%	1h	118.70	−0.200%	$3.8M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	118.91	−0.025%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0184%	1h	118.68	−0.221%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.76	−0.152%	$52.3M	$80.4M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	118.72	−0.185%	$1.7M	$5.2M	20x	as long as short