Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%

Price spread now: Aevo against Paradex+0.014%7-day average −0.019% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on Paradex Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.014%, 7d avg −0.019%

Together, before fees−0.125%+ Points / potential airdropParadex: Active · farm board−$13 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 0.032% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SOL-USD-PERP	117.28	0.0100	pay 0.0100% / 8h	5h 57m	$1.0M	$516K	50x
Short	Aevo SOL-PERP	117.30	0.0096	get 0.0012% / 1h	57m 22s	$344K	$225K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Paradex. 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 ParadexbpFee AevobpOrdersPrice spread, now +0.014%Rate

Funding earned: −$0.8
Price spread: +0.014% → −0.019%: $3.22
Slippage, 4 orders: −$20.24
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$37.82
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from Paradex: live order book, 2 min ago; Aevo: live order book, 7 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 Paradex live order book, 2 min ago	1.70 bp	3.7 bp −$4	9.1 bp −$91	doesn't fit	doesn't fit
Sell Aevo live order book, 7 min ago	1.79 bp	16.7 bp −$17	30.3 bp −$303	doesn't fit	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	117.59	+0.268%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0057%	1h	117.25	−0.025%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.43	+0.128%	$31.5M	$98.4M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.30	+0.019%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.33	+0.043%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.56	+0.238%	$1.4M	$20.1M	3.1x	as long as short
Derive SOL-PERP	+0.0009%	1h	117.22	−0.053%	$2.0M	$2.8M	13x	as long as short
HTX SOL-USDT	+0.0035%	8h	117.34	+0.052%	$228.1M	$45.4M	75x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	117.27	−0.010%	$100K	$162K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0044%	1h	117.33	+0.044%	$26.3M	$25.3M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.44	+0.139%	$8.0M	$403.1M	50x	as long as short
Lighter SOL	+0.0072%	1h	117.33	+0.037%	$13.0M	$58.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.44	+0.138%	$100K	$690K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.28	−0.001%	—	$10.6M	—	as long as short
Gate SOL_USDT	+0.0086%	8h	117.29	+0.007%	$848.3M	$641.2M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.30	+0.019%	$1.0M	$5.8M	100x	as long as short
Lighter RH SOL	+0.0096%	1h	117.31	+0.025%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERPshort	+0.0096%	1h	117.30	+0.014%	$344K	$225K	20x
Katana Perps SOL-USD	+0.0100%	8h	117.24	−0.035%	$67K	$840K	20x	as long as short
Paradex SOL-USD-PERPlong	+0.0100%	8h	117.28	long leg	$1.0M	$516K	50x
Nado SOL-PERP	+0.0100%	1h	117.27	−0.010%	$5.8M	$40.1M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.27	−0.010%	$176.0M	$177.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.34	+0.050%	$14.5M	$127.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.30	+0.016%	$967.0M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.31	+0.025%	$819.6M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.28	−0.001%	$365.4M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.37	+0.076%	$238K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.28	+0.002%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.25	−0.027%	$423.3M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.27	−0.009%	$130.3M	$211.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.26	−0.015%	$486.2M	$433.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.38	+0.084%	$23.7M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.45	+0.148%	$24.3M	$120.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.44	+0.132%	$94.3M	$405.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.55	+0.225%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.56	+0.238%	$1.5M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.49	+0.178%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.26	−0.018%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.31	+0.024%	$201K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.27	−0.010%	$25K	$28K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.28	−0.001%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.43	+0.127%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.42	+0.118%	$45.7M	$100.4M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	+0.149%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.53	+0.212%	$6.5M	$13.2M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.22	−0.050%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.43	+0.128%	—	$221.2M	500x	as long as short
Hyperliquid SOL	+0.0133%	1h	117.38	+0.084%	$716.3M	$395.5M	20x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.32	+0.034%	$1.9M	$4.9M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.25	−0.028%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.45	+0.144%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.30	+0.017%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0363%	1h	117.48	+0.167%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.34	+0.047%	$128K	$3.8M	8.3x	as long as short