Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h −0.001%

Price spread now: edgeX against Coinbase International+0.106%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on Coinbase International Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+0.335%+$33 · spread now +0.106%, 7d avg −0.038%

Together, before fees+0.349%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.144% dearer against Coinbase International than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SOL-PERP-INTX	117.74	0.0064	pay 0.0008% / 1h	13m 04s	$7.9M	$404.1M	50x
Short	edgeX SOLUSDC	117.86	0.0100	get 0.0050% / 4h	1h 13m	$94.7M	$394.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Coinbase International. 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 Coinbase InternationalbpFee edgeXbpOrdersPrice spread, now +0.106%Rate

Funding earned: $7.56
Price spread: +0.106% → −0.038%: $14.38
Slippage, 4 orders: −$5.57
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$2.63
Costs to cover: 0.246%
Break-even: 9.4 days

Slippage from Coinbase International: live order book, 1 min ago; edgeX: live order book, 1 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 Coinbase International live order book, 1 min ago	0.04 bp	5.4 bp −$5	7.4 bp −$74	16.2 bp −$1,622	doesn't fit
Sell edgeX live order book, 1 min ago	2.55 bp	7.0 bp −$7	7.0 bp −$70	7.1 bp −$714	10.5 bp −$5,271

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
Bluefin SOL-PERP	−0.0096%	1h	117.73	−0.005%	$25K	$28K	25x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.88	+0.123%	$922	$8K	25x	as long as short
Vest SOL-PERP	−0.0069%	1h	117.82	+0.075%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.71	−0.023%	$31.5M	$98.8M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.66	−0.067%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.80	+0.054%	$57K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.88	+0.119%	$4.5M	$24.1M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0017%	1h	117.76	+0.016%	$26.4M	$24.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0048%	1h	117.84	+0.084%	$105K	$696K	20x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	117.88	+0.122%	$100K	$165K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTXlong	+0.0064%	1h	117.74	long leg	$7.9M	$404.1M	50x
Orderly PERP_SOL_USDC	+0.0090%	8h	117.74	+0.001%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.72	−0.017%	$13.2M	$60.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.68	−0.047%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.73	−0.006%	$345K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.89	+0.131%	$54K	$852K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.88	+0.125%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.87	+0.115%	$5.8M	$38.8M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.72	−0.014%	$177.3M	$180.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.92	+0.154%	$14.5M	$128.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.68	−0.048%	$970.2M	$3.72B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.71	−0.022%	$831.1M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.66	−0.065%	$366.2M	$1.64B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.80	+0.054%	$239K	$864K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.89	+0.127%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.96	+0.194%	$136.3M	$17.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.67	−0.056%	$858.3M	$654.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.69	−0.039%	$426.4M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.81	+0.062%	$130.7M	$213.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.67	−0.054%	$487.6M	$431.3M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	117.67	−0.055%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.68	−0.048%	$23.7M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.04	+0.260%	$24.4M	$114.5M	—	as long as short
edgeX SOLUSDCshort	+0.0100%	4h	117.86	+0.106%	$94.7M	$394.0M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	117.96	+0.190%	$48.3M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.83	+0.080%	$1.7M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.86	+0.105%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.87	+0.114%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.82	+0.074%	$199K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.89	+0.131%	$192K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.71	−0.022%	$6.2M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.81	+0.060%	$228.8M	$45.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.71	−0.022%	$45.9M	$100.4M	50x	as long as short
Kalshi KXSOLPERP	+0.0103%	8h	117.83	+0.084%	$1.4M	$19.3M	3.1x	as long as short
Extended SOL-USD	+0.0104%	1h	117.64	−0.082%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.84	+0.091%	—	$215.6M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.89	+0.131%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.94	+0.174%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0173%	1h	117.80	+0.054%	$720.8M	$390.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.83	+0.083%	$1.1M	$537K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.49	−0.209%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.69	−0.039%	$51.8M	$71.5M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.88	+0.123%	$128K	$3.8M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.80	+0.053%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0413%	1h	117.92	+0.152%	$25K	$51K	20x	as long as short