Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%

Price spread now: StandX against Gate+0.249%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on Gate Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 7 days−0.244%−$24 · spread now +0.249%, 7d avg +0.025%

Together, before fees−0.122%+ Points / potential airdropStandX: Active · farm board−$12 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: StandX is 0.224% dearer against Gate than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOL_USDT	116.70	0.0100	pay 0.0100% / 8h	3h 49m	$850.3M	$657.0M	100x
Short	StandX SOL-USD	116.99	0.0100	get 0.0013% / 1h	49m 44s	$1.3M	$12.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Gate. 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 GatebpFee StandXbpOrdersPrice spread, now +0.249%Rate

Funding earned: $0
Price spread: +0.249% → +0.025%: $22.38
Slippage, 4 orders: −$14.42
Fee Gate: 7.5 bp × 2 orders: −$15
Fee StandX: 4 bp × 2 orders: −$8
Net: −$15.05
Costs to cover: 0.374%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; StandX: 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 Gate live order book, 4 min ago	0.43 bp	7.9 bp −$8	11.8 bp −$118	16.7 bp −$1,675	29.8 bp −$14.9K
Sell StandX live order book, 4 min ago	4.28 bp	9.1 bp −$9	9.6 bp −$96	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
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.79	+0.081%	$31.2M	$100.8M	100x	as long as short
Hibachi SOL/USDT-P	−0.0160%	1h	117.03	+0.287%	$103K	$699K	20x	as long as short
Vest SOL-PERP	−0.0092%	1h	116.75	+0.047%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.98	+0.237%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.76	+0.051%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.98	+0.243%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0004%	1h	116.81	+0.095%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0030%	1h	116.69	−0.011%	$1.9M	$2.8M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.78	+0.064%	$7.4M	$404.8M	50x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	116.76	+0.051%	$99K	$174K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0093%	8h	116.76	+0.050%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.72	+0.013%	$13.0M	$59.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.71	+0.008%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.76	+0.053%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.72	+0.017%	$50K	$882K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.80	+0.086%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.79	+0.075%	$5.4M	$40.1M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.82	+0.103%	$705.1M	$393.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.70	0.000%	$174.7M	$183.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.84	+0.116%	$15.8M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.72	+0.017%	$974.0M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.62	−0.067%	$770.2M	$1.37B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.72	+0.017%	$367.7M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.90	+0.171%	$230K	$838K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.82	+0.101%	$926K	$8.8M	20x	as long as short
Gate SOL_USDTlong	+0.0100%	8h	116.70	long leg	$850.3M	$657.0M	100x
MEXC SOL_USDT	+0.0100%	8h	116.72	+0.017%	$365.8M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.71	+0.009%	$129.1M	$222.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.68	−0.020%	$480.1M	$443.0M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.69	−0.005%	—	$365.8M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.75	+0.043%	$23.1M	$39.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.95	+0.218%	$24.6M	$113.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.88	+0.156%	$93.8M	$398.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.05	+0.300%	$47.8M	$30.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.99	+0.252%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USDshort	+0.0100%	1h	116.99	+0.249%	$1.3M	$12.8M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	116.72	+0.017%	$322K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.77	+0.063%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.75	+0.042%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.96	+0.221%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.78	+0.069%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.80	+0.087%	$226.4M	$47.8M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.83	+0.111%	$45.8M	$102.7M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.90	+0.171%	$134.0M	$22.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.65	−0.039%	$8.3M	$37.5M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.72	+0.017%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.95	+0.218%	—	$231.4M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0143%	1h	116.82	+0.104%	$26.4M	$23.3M	50x	as long as short
Phoenix SOL	+0.0151%	1h	117.05	+0.300%	$6.5M	$13.8M	25x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.71	+0.010%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.00	+0.257%	$52.0M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.75	+0.040%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0447%	43m	116.79	+0.079%	$138K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0515%	1h	116.88	+0.152%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.87	+0.150%	$1.9M	$4.8M	20x	as long as short