Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%

Price spread now: MEXC against ApeX Omni−0.064%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs+$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$150.154% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.248%+$25 on $10k

Price spread, last 7 days+0.039%+$4 · spread now −0.064%, 7d avg +0.004%

Together, before fees+0.287%+$29 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 0.068% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOLUSDT	116.24	0.0100	pay 0.0013% / 1h	17m 08s	$1.2M	$6.8M	50x
Short	MEXC SOL_USDT	116.17	0.0100	get 0.0100% / 8h	17m 08s	$371.8M	$1.07B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against ApeX Omni. 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 ApeX OmnibpFee MEXCbpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → +0.004%: −$6.81
Slippage, 4 orders: −$3.44
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$22.25
Costs to cover: 0.154%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 2 min ago; MEXC: 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 ApeX Omni live order book, 2 min ago	1.29 bp	6.3 bp −$6	8.4 bp −$84	65.0 bp −$6,497	doesn't fit
Sell MEXC live order book, 2 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.9 bp −$294	5.0 bp −$2,503

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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.18	−0.056%	$32.4M	$106.7M	100x	as long as short
Bybit SOLUSDT	−0.0101%	8h	116.16	−0.076%	$733.4M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.31	+0.054%	$1K	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0080%	1h	116.20	−0.034%	$101K	$676K	20x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.36	+0.100%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0041%	1h	116.13	−0.096%	—	$649K	20x	as long as short
Derive SOL-PERP	−0.0026%	1h	116.08	−0.145%	$1.8M	$3.0M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.17	−0.062%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.19	−0.045%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.16	−0.069%	$99K	$3.5M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0004%	1h	116.17	−0.066%	$4.3M	$23.5M	20x	as long as short
Bitget SOLUSDT	+0.0023%	8h	116.16	−0.074%	$479.3M	$456.1M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.20	−0.036%	$7.8M	$398.8M	50x	as long as short
Aster SOLUSDT	+0.0051%	8h	116.16	−0.071%	$177.0M	$169.0M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0071%	8h	116.16	−0.070%	$1.0M	$6.1M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	116.17	−0.064%	$100K	$182K	20x	as long as short
Lighter RH SOL	+0.0080%	1h	116.15	−0.080%	$2.2M	$16.8M	25x	as long as short
SoDEX SOL-USD	+0.0081%	1h	116.16	−0.072%	$6.1M	$11.0M	20x	as long as short
Paradex SOL-USD-PERP	+0.0094%	8h	116.17	−0.066%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.16	−0.072%	$13.1M	$60.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.15	−0.082%	$350K	$256K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.12	−0.107%	$64K	$912K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.15	−0.081%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.23	−0.012%	$695.6M	$408.5M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.19	−0.046%	$15.6M	$130.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.16	−0.070%	$960.5M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.17	−0.064%	$365.8M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.15	−0.081%	$224K	$845K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.17	−0.060%	$923K	$8.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.21	−0.031%	$125.5M	$25.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.15	−0.081%	$843.9M	$668.8M	100x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	116.17	−0.064%	$371.8M	$1.07B	300x
KuCoin SOLUSDTM	+0.0100%	8h	116.16	−0.073%	$129.2M	$236.2M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.13	−0.102%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.16	−0.072%	$22.8M	$35.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.97	−0.232%	$24.8M	$107.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.15	−0.081%	$93.3M	$406.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.23	−0.014%	$47.6M	$29.1M	20x	as long as short
ApeX Omni SOLUSDTlong	+0.0100%	1h	116.24	long leg	$1.2M	$6.8M	50x
StandX SOL-USD	+0.0100%	1h	116.17	−0.064%	$1.3M	$11.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.14	−0.089%	$314K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.16	−0.075%	$282K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.16	−0.077%	$26K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.14	−0.086%	$189K	$1.7M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.13	−0.102%	$224.8M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.17	−0.064%	$45.1M	$104.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.11	−0.111%	$8.2M	$37.0M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0106%	1h	116.21	−0.027%	$26.3M	$21.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.15	−0.079%	—	$236.2M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.17	−0.064%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.11	−0.113%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.17	−0.064%	$52.1M	$65.4M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.15	−0.080%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0455%	1h	116.18	−0.051%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.22	−0.024%	$2.1M	$4.8M	20x	as long as short