Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h 0.000%

Price spread now: Binance against StandX−0.051%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$290.289% of the position

Long on StandX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 7 days+0.076%+$8 · spread now −0.051%, 7d avg −0.019%

Together, before fees+0.015%+ Points / potential airdropStandX: 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: Binance is 0.032% cheaper against StandX than usual: you would sell low and buy high, −$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	StandX SOL-USD	117.14	0.0100	pay 0.0013% / 1h	18m 49s	$1.3M	$10.3M	30x
Short	Binance SOLUSDT	117.08	0.0093	get 0.0093% / 8h	6h 18m	$966.9M	$3.49B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against StandX. 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 StandXbpFee BinancebpOrdersPrice spread, now −0.051%Rate

Funding earned: −$1.51
Price spread: −0.051% → −0.019%: −$3.25
Slippage, 4 orders: −$10.94
Fee StandX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$33.7
Costs to cover: 0.289%
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; Binance: live order book, 3 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 StandX live order book, 3 min ago	3.41 bp	9.9 bp −$10	10.9 bp −$109	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.43 bp	5.4 bp −$5	6.6 bp −$66	10.5 bp −$1,048	22.3 bp −$11.1K

SOL on 54 exchanges

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
Bluefin SOL-PERP	−0.0773%	1h	117.05	−0.076%	$27K	$35K	25x	as long as short
Hibachi SOL/USDT-P	−0.0176%	1h	117.12	−0.020%	$99K	$649K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.16	+0.017%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0047%	8h	117.07	−0.063%	$733.9M	$1.26B	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.05	−0.079%	$39K	—	150x	as long as short
Perpl SOL	0.0000%	43m	117.08	−0.049%	$100K	$2.9M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	117.10	−0.034%	$26.3M	$18.7M	50x	as long as short
Vest SOL-PERP	0.0000%	1h	117.06	−0.066%	—	$284K	20x	as long as short
Bitget SOLUSDT	+0.0027%	8h	117.08	−0.048%	$482.7M	$409.0M	100x	as long as short
Injective SOL/USDC PERP	+0.0033%	1h	116.85	−0.248%	$4K	$122	12x	as long as short

Show all 54 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0040%	1h	117.08	−0.053%	$8.4M	$374.8M	50x	as long as short
Aster SOLUSDT	+0.0044%	8h	117.05	−0.074%	$177.6M	$158.4M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0056%	8h	117.03	−0.090%	$1.0M	$5.3M	100x	as long as short
SoDEX SOL-USD	+0.0067%	1h	117.04	−0.085%	$6.2M	$11.1M	20x	as long as short
Gate SOL_USDT	+0.0071%	8h	117.05	−0.077%	$850.4M	$600.0M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	117.09	−0.043%	$101K	$181K	20x	as long as short
Binance SOLUSDTshort	+0.0093%	8h	117.08	−0.051%	$966.9M	$3.49B	100x
MEXC SOL_USDT	+0.0093%	8h	117.06	−0.068%	$430.7M	$993.4M	300x	as long as short
ApeX Omni SOLUSDT	+0.0095%	1h	117.18	+0.034%	$1.1M	$6.7M	50x	as long as short
Lighter SOL	+0.0096%	1h	117.07	−0.061%	$13.2M	$55.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.06	−0.073%	$2.2M	$13.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.99	−0.124%	$349K	$257K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	117.05	−0.079%	$1.0M	$557K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.07	−0.060%	$45K	$864K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.07	−0.057%	$5.6M	$39.4M	40x	as long as short
Pacifica SOL	+0.0100%	1h	117.11	−0.025%	$15.9M	$116.6M	20x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.08	−0.051%	$360.6M	$1.58B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.18	+0.034%	$222K	$776K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.12	−0.019%	$900K	$7.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.25	+0.096%	$127.0M	$16.9M	20x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.05	−0.076%	$134.0M	$229.5M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	117.06	−0.071%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.06	−0.068%	$23.2M	$35.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.07	−0.059%	$25.1M	$100.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.16	+0.019%	$94.1M	$383.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.14	+0.003%	$47.9M	$25.4M	20x	as long as short
StandX SOL-USDlong	+0.0100%	1h	117.14	long leg	$1.3M	$10.3M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	117.04	−0.085%	$323K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.06	−0.064%	$285K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.05	−0.081%	$190K	$1.5M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.10	−0.037%	$226.5M	$41.6M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.06	−0.068%	$45.4M	$101.4M	50x	as long as short
Kalshi KXSOLPERP	+0.0101%	8h	117.11	−0.029%	$1.3M	$16.3M	3.1x	as long as short
Extended SOL-USD	+0.0104%	1h	117.01	−0.112%	$8.5M	$33.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.09	−0.039%	—	$213.5M	500x	as long as short
dYdX SOL-USD	+0.0126%	1h	117.12	−0.020%	$9.3M	$18.3M	20x	as long as short
Phoenix SOL	+0.0129%	1h	117.26	+0.102%	$6.6M	$12.8M	25x	as long as short
Hyperliquid SOL	+0.0161%	1h	117.22	+0.068%	$718.6M	$375.0M	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0185%	1h	117.08	−0.054%	$32.5M	$93.6M	100x	as long as short
Reya SOLRUSDPERP	+0.0199%	1h	117.08	−0.053%	$1.1M	$93K	25x	as long as short
BloFin SOL-USDT	+0.0213%	8h	117.04	−0.085%	$51.6M	$57.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0170%	1h	117.06	−0.069%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0273%	1h	117.17	+0.025%	$2.2M	$4.5M	20x	as long as short
Aftermath Perps SOLUSD	+0.0403%	1h	117.13	−0.006%	$25K	$54K	20x	as long as short