Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.010%
Price spread now: BingX against Bulk+0.069%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$270.271% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.008%−$1 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.069%, 7d avg −0.008%
Together, before fees−0.078%−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.077% dearer against Bulk than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.008%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 3 days (−0.008% in total) that is about 35 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SOL-USD118.000.0100pay 0.0013% / 1h25m 45s$135.1M$14.3M20x
ShortBingX SOL-USDT118.080.0080get 0.0080% / 8h6h 25m$369.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bulk. 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

Funding earned
−$4.2
Price spread: +0.069% → −0.008%
$7.7
Slippage, 4 orders
−$10.11
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
−$23.61
Costs to cover
0.271%
Break-even
never at this rate
Slippage from Bulk: live order book, 3 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bulk live order book, 3 min ago4.25 bp7.7 bp −$89.2 bp −$9215.5 bp −$1,55416.1 bp −$8,049
Sell BingX live order book, 8 min ago0.81 bp5.8 bp −$65.8 bp −$588.8 bp −$87814.4 bp −$7,189

SOL on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h118.07+0.062%$923$8K25xas long as short
Vest SOL-PERP−0.0069%1h118.01+0.007%$607K20xas long as short
Derive SOL-PERP−0.0049%1h118.06+0.055%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0040%1h117.98−0.019%$92K$682K20xas long as short
ApeX Omni SOLUSDT−0.0003%1h117.89−0.088%$1.5M$6.0M50xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.13+0.110%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.03+0.026%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.99−0.011%$1.4M$21.1M3.1xas long as short
Perpl SOL0.0000%43m118.12+0.106%$129K$3.9M8.3xas long as short
RISEx SOL/USDC+0.0018%1h118.07+0.059%$2.0M$4.7M20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0044%8h118.10+0.085%$229.5M$45.5M75xas long as short
Gate SOL_USDT+0.0046%8h118.06+0.051%$854.1M$662.0M100xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.15+0.127%$31.7M$98.7M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.16+0.138%$8.0M$410.7M50xas long as short
BingX SOL-USDTshort+0.0080%8h118.08+0.069%$369.6M
Orderly PERP_SOL_USDC+0.0087%8h118.16+0.133%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h118.02+0.021%$13.1M$59.9M25xas long as short
Lighter RH SOL+0.0096%1h118.00+0.005%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h118.08+0.068%$104K$159K20xas long as short
Aevo SOL-PERP+0.0096%1h118.15+0.126%$346K$256K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.11+0.095%$1.0M$519K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.00+0.001%$65K$853K20xas long as short
Nado SOL-PERP+0.0100%1h118.01+0.013%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h118.07+0.057%$177.3M$179.9M100xas long as short
Pacifica SOL+0.0100%1h118.05+0.046%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.05+0.043%$972.9M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h118.09+0.073%$823.2M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.08+0.068%$366.6M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.01+0.009%$239K$894K10xas long as short
Arcus SOL-USD+0.0100%1h118.07+0.059%$2.0M$9.0M20xas long as short
Bulk SOL-USDlong+0.0100%1h118.00long leg$135.1M$14.3M20x
MEXC SOL_USDT+0.0100%8h118.06+0.051%$425.4M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.02+0.015%$131.7M$210.2M75xas long as short
Bitget SOLUSDT+0.0100%8h118.05+0.040%$488.9M$440.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.14+0.119%$23.8M$37.4M50xas long as short
Variational Omni SOL+0.0100%8h118.14+0.115%$24.5M$122.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.87−0.106%$94.7M$403.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.78−0.182%$48.2M$29.0M20xas long as short
StandX SOL-USD+0.0100%1h118.02+0.018%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.12+0.102%$355K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.12+0.104%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.11+0.094%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.05+0.040%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.15+0.128%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.11+0.094%$46.0M$101.5M50xas long as short
Phoenix SOL+0.0101%1h117.98−0.016%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.04+0.032%$8.1M$36.2M50xas long as short
Hyperliquid SOL+0.0107%1h118.12+0.102%$721.8M$402.8M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.05+0.047%$226.3M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0122%1h118.19+0.162%$26.5M$25.5M50xas long as short
Reya SOLRUSDPERP+0.0188%1h118.10+0.088%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87−0.110%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h118.12+0.104%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0323%1h117.90−0.088%$25K$51K20xas long as short