Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%

Price spread now: Gate against Polymarket Perps−0.034%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$260.258% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days+0.010%+$1 · spread now −0.034%, 7d avg −0.006%

Together, before fees−0.019%−$2 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: Gate is 0.028% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SOL-USD	116.51	0.0100	pay 0.0013% / 1h	46m 59s	$321K	$2.5M	20x
Short	Gate SOL_USDT	116.47	0.0100	get 0.0100% / 8h	4h 46m	$844.8M	$654.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Polymarket Perps. 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 Polymarket PerpsbpFee GatebpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → −0.006%: −$2.81
Slippage, 4 orders: −$2.77
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$28.58
Costs to cover: 0.258%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; Gate: live order book, 2 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 Polymarket Perps live order book, 2 min ago	0.43 bp	4.4 bp −$4	5.6 bp −$56	17.2 bp −$1,715	doesn't fit
Sell Gate live order book, 2 min ago	0.43 bp	9.0 bp −$9	11.3 bp −$113	16.2 bp −$1,618	30.6 bp −$15.3K

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
Vest SOL-PERP	−0.0085%	1h	116.45	−0.051%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.47	−0.035%	$911	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0040%	1h	116.49	−0.015%	$103K	$700K	20x	as long as short
Derive SOL-PERP	−0.0016%	1h	116.38	−0.111%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.52	+0.007%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.52	+0.011%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.50	−0.009%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	116.48	−0.026%	$99K	$169K	20x	as long as short
ApeX Omni SOLUSDT	+0.0037%	1h	116.55	+0.034%	$1.3M	$6.3M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.46	−0.044%	$7.5M	$403.8M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.43	−0.068%	$31.0M	$100.5M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0079%	1h	116.50	−0.004%	$26.2M	$25.3M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0091%	8h	116.47	−0.034%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.46	−0.043%	$13.0M	$59.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.45	−0.051%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.46	−0.042%	$341K	$236K	20x	as long as short
Katana Perps SOL-USD	+0.0098%	8h	116.50	−0.009%	$50K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.58	+0.061%	$988K	$534K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.48	−0.021%	$5.5M	$39.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.60	+0.077%	$706.2M	$395.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.47	−0.034%	$175.0M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.55	+0.036%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.50	−0.005%	$962.8M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.45	−0.048%	$791.6M	$1.33B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.51	0.000%	$365.2M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.37	−0.120%	$232K	$852K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.54	+0.022%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.66	+0.127%	$133.8M	$20.4M	20x	as long as short
Gate SOL_USDTshort	+0.0100%	8h	116.47	−0.034%	$844.8M	$654.6M	100x
MEXC SOL_USDT	+0.0100%	8h	116.51	0.000%	$416.5M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.44	−0.060%	$126.1M	$216.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.46	−0.044%	$478.5M	$441.4M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.52	+0.008%	—	$364.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.49	−0.017%	$23.2M	$37.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.54	+0.030%	$24.4M	$114.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.52	+0.012%	$93.5M	$397.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.48	−0.024%	$47.6M	$29.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.55	+0.034%	$1.3M	$13.0M	30x	as long as short
Polymarket Perps SOL-USDlong	+0.0100%	1h	116.51	long leg	$321K	$2.5M	20x
Bullet SOL-USD	+0.0100%	1h	116.52	+0.012%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.44	−0.060%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.49	−0.017%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.45	−0.051%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.38	−0.111%	$225.9M	$46.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.52	+0.009%	$45.5M	$101.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.39	−0.104%	$7.9M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.53	+0.016%	—	$228.3M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	+0.043%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.57	+0.051%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.48	−0.023%	$1.1M	$539K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.46	−0.043%	$51.6M	$71.8M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.53	+0.014%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.55	+0.036%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0494%	1h	116.63	+0.103%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.64	+0.114%	$1.9M	$4.9M	20x	as long as short