Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.002%

Price spread now: Aevo against edgeX−0.088%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$460.456% of the position

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 3 days (all we have)+0.081%+$8 · spread now −0.088%, 7d avg +0.002%

Together, before fees+0.014%+ Points / potential airdropedgeX: Active · farm board+$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: Aevo is 0.090% cheaper against edgeX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOLUSDC	118.05	0.0100	pay 0.0050% / 4h	6m 32s	$94.8M	$384.6M	75x
Short	Aevo SOL-PERP	117.95	0.0096	get 0.0012% / 1h	6m 32s	$350K	$748K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now −0.088%Rate

Funding earned: −$0.84
Price spread: −0.088% → +0.002%: −$8.97
Slippage, 4 orders: −$20.63
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$55.45
Costs to cover: 0.456%
Break-even: never at this rate

Slippage from edgeX: live order book, 2 min ago; Aevo: live order book, 27 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 edgeX live order book, 2 min ago	2.12 bp	6.6 bp −$7	6.6 bp −$66	6.7 bp −$670	10.1 bp −$5,046
Sell Aevo live order book, 27 min ago	4.42 bp	16.4 bp −$16	29.2 bp −$292	45.3 bp −$4,529	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	−0.0627%	1h	118.30	+0.211%	$4K	$41K	12x	as long as short
dYdX SOL-USD	−0.0127%	1h	117.94	−0.094%	$4.7M	$25.3M	20x	as long as short
Vest SOL-PERP	−0.0106%	1h	117.86	−0.160%	—	$731K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.95	−0.088%	$836	$8K	25x	as long as short
Derive SOL-PERP	−0.0041%	1h	117.93	−0.105%	$1.9M	$3.0M	13x	as long as short
Aftermath Perps SOLUSD	−0.0009%	1h	118.06	+0.004%	$24K	$45K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	118.04	−0.008%	$56K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.07	+0.018%	$1.3M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.91	−0.120%	$166K	$4.0M	8.3x	as long as short
HTX SOL-USDT	+0.0037%	8h	117.93	−0.107%	$230.0M	$41.9M	75x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SOL-USDT	+0.0052%	8h	117.88	−0.147%	—	$363.5M	—	as long as short
Orderly PERP_SOL_USDC	+0.0052%	8h	118.02	−0.027%	$1.1M	$5.6M	100x	as long as short
KuCoin SOLUSDTM	+0.0053%	8h	117.87	−0.152%	$140.8M	$172.6M	75x	as long as short
Kraken Futures PF_SOLUSD	+0.0061%	1h	118.00	−0.045%	$34.1M	$84.4M	100x	as long as short
ApeX Omni SOLUSDT	+0.0064%	1h	118.04	−0.010%	$1.5M	$6.3M	50x	as long as short
Bitget SOLUSDT	+0.0065%	8h	117.88	−0.142%	$494.4M	$436.8M	100x	as long as short
Gate SOL_USDT	+0.0077%	8h	117.90	−0.128%	$856.0M	$666.8M	100x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	117.95	−0.086%	$114K	$133K	20x	as long as short
OKX SOL-USDT-SWAP	+0.0086%	8h	117.88	−0.145%	$366.3M	$1.66B	100x	as long as short
Lighter SOL	+0.0096%	1h	117.90	−0.132%	$13.3M	$50.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.90	−0.129%	$2.0M	$16.8M	25x	as long as short
Aevo SOL-PERPshort	+0.0096%	1h	117.95	−0.088%	$350K	$748K	20x
Paradex SOL-USD-PERP	+0.0097%	8h	117.87	−0.156%	$1.0M	$437K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.98	−0.061%	$42K	$735K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.87	−0.151%	$5.5M	$39.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.00	−0.044%	$710.3M	$424.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.92	−0.111%	$178.0M	$169.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.94	−0.092%	$13.3M	$106.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.90	−0.128%	$965.3M	$3.64B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.90	−0.128%	$814.0M	$1.23B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.88	−0.145%	$233K	$854K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.93	−0.102%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.05	−0.001%	$131.0M	$16.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.87	−0.154%	$481.8M	$1.06B	300x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.97	−0.069%	$24.1M	$37.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.99	−0.048%	$28.0M	$118.5M	—	as long as short
edgeX SOLUSDClong	+0.0100%	4h	118.05	long leg	$94.8M	$384.6M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	118.04	−0.008%	$48.3M	$32.6M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.00	−0.044%	$1.4M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.91	−0.120%	$358K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.89	−0.141%	$199K	$1.8M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.98	−0.059%	$37K	$14K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.98	−0.059%	$191K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.95	−0.086%	$6.2M	$10.9M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.00	−0.044%	$45.9M	$96.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.86	−0.159%	$8.6M	$37.1M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0104%	1h	118.00	−0.040%	$7.8M	$398.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0048%	1h	118.04	−0.011%	—	$206.8M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0123%	1h	118.04	−0.006%	$26.5M	$27.2M	50x	as long as short
Hibachi SOL/USDT-P	+0.0144%	1h	118.04	−0.007%	$121K	$562K	20x	as long as short
Phoenix SOL	+0.0149%	1h	118.13	+0.067%	$7.3M	$11.4M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0172% / S −0.0075%	1h	118.04	−0.012%	$3.7M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	117.88	−0.146%	$1.1M	$534K	25x	as long as short
RISEx SOL/USDC	+0.0185%	1h	117.96	−0.078%	$1.6M	$6.5M	20x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.95	−0.086%	$51.7M	$90.2M	125x	as long as short