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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Gate against BingX+0.004%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.275% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 7 days+0.002%$0 · spread now +0.004%, 7d avg −0.002%

Together, before fees−0.048%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SOL-USDT	116.53	0.0100	pay 0.0100% / 8h	4h 49m	—	$365.3M	—
Short	Gate SOL_USDT	116.54	0.0100	get 0.0100% / 8h	4h 49m	$846.8M	$653.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → −0.002%: $0.6
Slippage, 4 orders: −$2.47
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$26.87
Costs to cover: 0.275%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; Gate: live order book, 4 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 BingX live order book, 4 min ago	0.77 bp	5.8 bp −$6	5.8 bp −$58	7.4 bp −$743	11.3 bp −$5,630
Sell Gate live order book, 4 min ago	0.43 bp	8.0 bp −$8	10.5 bp −$105	16.5 bp −$1,654	28.5 bp −$14.3K

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
Vest SOL-PERP	−0.0081%	1h	116.56	+0.021%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.73	+0.167%	$913	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0024%	1h	116.63	+0.085%	$103K	$700K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.60	+0.055%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.61	+0.068%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.56	+0.021%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0012%	1h	116.51	−0.021%	$1.9M	$2.8M	13x	as long as short
ApeX Omni SOLUSDT	+0.0017%	1h	116.69	+0.133%	$1.7M	$6.0M	50x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.61	+0.064%	$99K	$168K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.58	+0.035%	$7.6M	$403.9M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.56	+0.023%	$30.9M	$100.4M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0084%	1h	116.62	+0.072%	$26.3M	$25.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0091%	8h	116.59	+0.046%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.55	+0.010%	$13.0M	$59.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.53	−0.004%	$2.2M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.57	+0.033%	$342K	$236K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.61	+0.060%	$994K	$530K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.55	+0.013%	$48K	$858K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.55	+0.011%	$5.5M	$39.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.62	+0.073%	$706.3M	$395.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.53	−0.004%	$175.1M	$181.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.59	+0.049%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.55	+0.013%	$963.2M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.48	−0.047%	$792.2M	$1.33B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.51	−0.021%	$364.0M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.47	−0.056%	$232K	$852K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.54	+0.001%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.66	+0.105%	$133.8M	$20.4M	20x	as long as short
Gate SOL_USDTshort	+0.0100%	8h	116.54	+0.004%	$846.8M	$653.1M	100x
MEXC SOL_USDT	+0.0100%	8h	116.54	+0.004%	$415.0M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.53	0.000%	$126.2M	$216.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.49	−0.036%	$481.2M	$439.3M	100x	as long as short
BingX SOL-USDTlong	+0.0100%	8h	116.53	long leg	—	$365.3M	—
Backpack SOL_USDC_PERP	+0.0100%	1h	116.54	+0.004%	$23.3M	$37.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.54	+0.008%	$24.4M	$114.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.65	+0.099%	$93.7M	$396.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.72	+0.155%	$47.7M	$29.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.62	+0.073%	$1.3M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.58	+0.039%	$331K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.59	+0.051%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.56	+0.021%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.59	+0.048%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.57	+0.030%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.64	+0.094%	$226.2M	$46.3M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.58	+0.039%	$45.6M	$101.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.47	−0.058%	$8.0M	$36.5M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.61	+0.061%	—	$221.3M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	117.56	+0.880%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.76	+0.193%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.56	+0.019%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.67	+0.116%	$51.9M	$71.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.61	+0.062%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.61	+0.062%	$141K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0480%	1h	116.72	+0.159%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.67	+0.120%	$1.9M	$4.9M	20x	as long as short