Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Gate against Binance+0.018%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days−0.018%−$2 · spread now +0.018%, 7d avg −0.007%

Together, before fees−0.062%−$6 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: Gate is 0.025% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	116.32	0.0100	pay 0.0100% / 8h	7h 58m	$962.7M	$3.86B	100x
Short	Gate SOL_USDT	116.34	0.0100	get 0.0100% / 8h	7h 58m	$842.6M	$603.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → −0.007%: $2.53
Slippage, 4 orders: −$2.04
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$24.51
Costs to cover: 0.270%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; Gate: live order book, 5 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 Binance live order book, 16 min ago	0.43 bp	5.4 bp −$5	6.7 bp −$67	10.0 bp −$998	20.8 bp −$10.4K
Sell Gate live order book, 5 min ago	0.43 bp	8.3 bp −$8	10.9 bp −$109	16.5 bp −$1,647	30.6 bp −$15.3K

SOL on 54 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
Bybit SOLUSDT	−0.0110%	8h	116.24	−0.065%	$731.5M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.37	+0.048%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	116.27	−0.042%	$32.3M	$106.8M	100x	as long as short
Vest SOL-PERP	−0.0020%	1h	116.27	−0.044%	—	$636K	20x	as long as short
Derive SOL-PERP	−0.0008%	1h	116.17	−0.123%	$1.8M	$3.0M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.27	−0.046%	$42K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.33	+0.013%	$4.3M	$23.5M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.30	−0.012%	$1.4M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.24	−0.066%	$99K	$3.4M	8.3x	as long as short
Bitget SOLUSDT	+0.0024%	8h	116.33	+0.012%	$480.2M	$456.5M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0024%	1h	116.24	−0.065%	$102K	$678K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.25	−0.055%	$7.7M	$396.8M	50x	as long as short
Aster SOLUSDT	+0.0053%	8h	116.31	−0.005%	$176.8M	$168.6M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0070%	8h	116.25	−0.062%	$1.0M	$6.1M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.32	+0.004%	$13.1M	$55.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.32	−0.002%	$2.1M	$14.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.19	−0.112%	$350K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0096%	8h	116.37	+0.046%	$1.0M	$554K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.31	−0.005%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.42	+0.087%	$696.0M	$408.7M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.36	+0.038%	$15.7M	$130.3M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	116.32	long leg	$962.7M	$3.86B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	116.28	−0.033%	$366.4M	$1.76B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.29	−0.025%	$217K	$855K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.35	+0.024%	$919K	$8.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.33	+0.007%	$125.6M	$25.5M	20x	as long as short
Gate SOL_USDTshort	+0.0100%	8h	116.34	+0.018%	$842.6M	$603.4M	100x
MEXC SOL_USDT	+0.0100%	8h	116.32	+0.001%	$372.1M	$1.05B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.31	−0.005%	$129.4M	$236.7M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.29	−0.025%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.25	−0.059%	$22.9M	$35.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.15	−0.145%	$24.8M	$107.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.16	−0.134%	$93.3M	$405.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.22	−0.084%	$47.6M	$29.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.19	−0.106%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.29	−0.025%	$1.3M	$11.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.24	−0.068%	$318K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.27	−0.038%	$281K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.25	−0.058%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.24	−0.068%	$189K	$1.7M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.23	−0.076%	$6.1M	$11.0M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.24	−0.066%	$225.1M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.23	−0.076%	$45.2M	$104.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.31	−0.005%	$8.2M	$36.7M	50x	as long as short
01 Exchange SOLUSD	+0.0112%	1h	116.39	+0.061%	$100K	$181K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.27	−0.046%	—	$232.5M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.26	−0.050%	$6.5M	$13.3M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0157%	1h	116.31	−0.010%	$26.2M	$21.9M	50x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	+0.018%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.20	−0.102%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.24	−0.068%	$52.0M	$64.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.26	−0.050%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0428%	1h	116.27	−0.038%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	116.39	+0.065%	$2.1M	$4.7M	20x	as long as short