Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bitget−0.065%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 3 days (all we have)−0.096%−$10 · spread now −0.065%, 7d avg −0.012%

Together, before fees+0.014%+$1 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: SunX is 0.053% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SOLUSDT	119.81	0.0100	pay 0.0100% / 8h	2h 21m	$500.9M	$451.9M	100x
Short	SunX SOL-USDT	119.74	0.0100	get 0.0100% / 8h	2h 21m	$195K	$1.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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 BitgetbpFee SunXbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → −0.012%: −$5.31
Slippage, 4 orders: −$19.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$45.27
Costs to cover: 0.400%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; SunX: 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 Bitget live order book, 3 min ago	0.04 bp	6.4 bp −$6	6.6 bp −$66	10.9 bp −$1,088	doesn't fit
Sell SunX live order book, 4 min ago	1.46 bp	18.3 bp −$18	25.8 bp −$258	doesn't fit	doesn't fit

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
Injective SOL/USDC PERP	−0.0151%	1h	119.15	−0.553%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.59	−0.189%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0075%	1h	119.70	−0.092%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0047%	1h	119.69	−0.102%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.82	+0.006%	$4.9M	$26.9M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.77	−0.039%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.72	−0.081%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.77	−0.038%	$180K	$4.0M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0017%	1h	119.49	−0.271%	$24K	$47K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0044%	1h	119.85	+0.032%	$26.9M	$27.7M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0055%	8h	119.71	−0.084%	$233.0M	$44.6M	75x	as long as short
Hibachi SOL/USDT-P	+0.0056%	1h	119.59	−0.185%	$120K	$605K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0061%	8h	119.78	−0.031%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.80	−0.011%	$105K	$152K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.82	+0.006%	—	$372.1M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.76	−0.044%	$874.9M	$686.1M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.80	−0.010%	$13.7M	$54.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.78	−0.026%	$2.1M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.78	−0.031%	$356K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.74	−0.062%	$1.1M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.75	−0.053%	$48K	$787K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.78	−0.032%	$6.5M	$41.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.91	+0.081%	$724.3M	$411.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.77	−0.036%	$180.4M	$175.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.80	−0.012%	$12.4M	$114.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.81	−0.003%	$978.8M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.85	+0.034%	$832.0M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.80	−0.011%	$372.9M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.68	−0.111%	$235K	$877K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.81	−0.002%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.66	−0.130%	$134.1M	$11.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.81	−0.003%	$427.5M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.82	+0.007%	$141.7M	$197.4M	75x	as long as short
Bitget SOLUSDTlong	+0.0100%	8h	119.81	long leg	$500.9M	$451.9M	100x
Backpack SOL_USDC_PERP	+0.0100%	1h	119.84	+0.023%	$24.5M	$38.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.50	−0.261%	$27.5M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.60	−0.177%	$96.1M	$399.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.58	−0.195%	$49.0M	$33.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.59	−0.185%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.65	−0.136%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.80	−0.011%	$372K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.73	−0.065%	$203K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.77	−0.036%	$38K	$16K	25x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	119.74	−0.065%	$195K	$1.9M	30x
SoDEX SOL-USD	+0.0100%	1h	119.80	−0.011%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.78	−0.028%	$46.8M	$101.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.77	−0.040%	$8.8M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.85	+0.033%	$8.2M	$418.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.76	−0.044%	—	$219.6M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.75	−0.053%	$6.6M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.80	−0.012%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.71	−0.085%	$1.1M	$562K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.77	−0.036%	$51.6M	$86.9M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0222%	1h	119.84	+0.020%	$35.9M	$90.7M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0171%	1h	119.77	−0.040%	$3.6M	—	200x	as long as short