Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: SoDEX against MEXC−0.017%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$120.117% of the position

Long on MEXC Short on SoDEX

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 3 days (all we have)−0.036%−$4 · spread now −0.017%, 7d avg −0.010%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	117.53	0.0100	pay 0.0100% / 8h	6h 15m	$426.5M	$1.11B	300x
Short	SoDEX SOL-USD	117.51	0.0100	get 0.0013% / 1h	15m 31s	$6.2M	$10.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against MEXC. 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 MEXCbpFee SoDEXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → −0.010%: −$0.71
Slippage, 4 orders: −$1.7
Fee MEXC: 1 bp × 2 orders: −$2
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$12.41
Costs to cover: 0.117%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; SoDEX: 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 MEXC live order book, 4 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.8 bp −$282	4.7 bp −$2,365
Sell SoDEX live order book, 4 min ago	0.43 bp	4.4 bp −$4	5.1 bp −$51	15.1 bp −$1,509	doesn't fit

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	117.53	+0.001%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0063%	1h	117.51	−0.019%	—	$607K	20x	as long as short
Derive SOL-PERP	−0.0027%	1h	117.45	−0.065%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.54	+0.011%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.57	+0.031%	$4.5M	$24.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.54	+0.009%	$1.4M	$20.8M	3.1x	as long as short
Hibachi SOL/USDT-P	+0.0008%	1h	117.62	+0.074%	$100K	$691K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0010%	1h	117.55	+0.020%	$26.4M	$25.6M	50x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.56	+0.025%	$1.9M	$4.8M	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.50	−0.025%	$31.5M	$99.0M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni SOLUSDT	+0.0055%	1h	117.69	+0.136%	$1.5M	$6.0M	50x	as long as short
Gate SOL_USDT	+0.0057%	8h	117.52	−0.009%	$849.7M	$664.4M	100x	as long as short
HTX SOL-USDT	+0.0063%	8h	117.47	−0.047%	$228.3M	$45.6M	75x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.53	+0.003%	$8.0M	$408.5M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.48	−0.041%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.53	+0.001%	$1.1M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.52	−0.009%	$13.1M	$60.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.51	−0.017%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.56	+0.026%	$103K	$157K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.53	+0.002%	$344K	$258K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.56	+0.022%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.52	−0.009%	$64K	$855K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.54	+0.009%	$5.8M	$41.5M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.53	0.000%	$176.4M	$179.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.56	+0.027%	$14.4M	$128.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.54	+0.009%	$968.4M	$3.80B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.57	+0.034%	$819.7M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.58	+0.043%	$365.6M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.51	−0.017%	$238K	$890K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.55	+0.013%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.53	−0.004%	$134.5M	$13.2M	20x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	117.53	long leg	$426.5M	$1.11B	300x
KuCoin SOLUSDTM	+0.0100%	8h	117.54	+0.009%	$130.4M	$210.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.57	+0.034%	$487.4M	$441.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.53	0.000%	$23.7M	$37.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.52	−0.006%	$24.3M	$121.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.63	+0.088%	$94.5M	$405.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.76	+0.195%	$48.2M	$28.6M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.54	+0.009%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.55	+0.017%	$354K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.56	+0.025%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.52	−0.008%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.55	+0.014%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USDshort	+0.0100%	1h	117.51	−0.017%	$6.2M	$10.8M	20x
Phemex SOLUSDT	+0.0100%	8h	117.55	+0.017%	$45.8M	$101.4M	50x	as long as short
Phoenix SOL	+0.0101%	1h	117.76	+0.196%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.51	−0.016%	$8.1M	$36.2M	50x	as long as short
Hyperliquid SOL	+0.0108%	1h	117.69	+0.136%	$719.9M	$400.7M	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.54	+0.009%	—	$225.5M	500x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.56	+0.022%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.87	+0.289%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0174%	1h	117.53	+0.003%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0341%	1h	117.73	+0.171%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.52	−0.013%	$128K	$3.9M	8.3x	as long as short