Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.007%

Price spread now: Gate against StandX+0.103%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on StandX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 7 days−0.098%−$10 · spread now +0.103%, 7d avg −0.026%

Together, before fees−0.208%+ Points / potential airdropStandX: Active · farm board−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.129% dearer against StandX than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of −0.026%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	116.37	0.0100	pay 0.0013% / 1h	51m 19s	$1.3M	$11.0M	30x
Short	Gate SOL_USDT	116.49	0.0040	get 0.0040% / 8h	7h 51m	$849.0M	$606.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.103%Rate

Funding earned: −$12.6
Price spread: +0.103% → −0.026%: $12.89
Slippage, 4 orders: −$13.78
Fee StandX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.48
Costs to cover: 0.368%
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; Gate: 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	4.30 bp	10.9 bp −$11	12.7 bp −$127	27.6 bp −$2,758	doesn't fit
Sell Gate live order book, 3 min ago	0.43 bp	9.0 bp −$9	11.3 bp −$113	15.7 bp −$1,565	29.6 bp −$14.8K

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
Phemex SOLUSDT	−0.0244%	8h	116.43	+0.052%	$45.3M	$103.7M	50x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.50	+0.107%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	116.52	+0.126%	$32.3M	$106.5M	100x	as long as short
Vest SOL-PERP	−0.0013%	1h	116.43	+0.055%	—	$636K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.50	+0.112%	$42K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.38	+0.009%	$4.3M	$23.4M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.34	−0.023%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.52	+0.128%	$99K	$3.4M	8.3x	as long as short
Derive SOL-PERP	+0.0007%	1h	116.38	+0.010%	$1.9M	$3.0M	13x	as long as short
Bitget SOLUSDT	+0.0025%	8h	116.48	+0.091%	$480.5M	$454.2M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SOL_USDTshort	+0.0040%	8h	116.49	+0.103%	$849.0M	$606.6M	100x
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.51	+0.122%	$7.8M	$396.2M	50x	as long as short
Bybit SOLUSDT	+0.0046%	8h	116.47	+0.083%	$732.6M	$1.41B	100x	as long as short
Aster SOLUSDT	+0.0054%	8h	116.48	+0.095%	$177.2M	$169.3M	100x	as long as short
Hibachi SOL/USDT-P	+0.0056%	1h	116.41	+0.036%	$103K	$680K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0069%	8h	116.49	+0.101%	$1.0M	$6.0M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0090%	1h	116.55	+0.152%	$26.2M	$21.9M	50x	as long as short
Lighter SOL	+0.0096%	1h	116.47	+0.090%	$13.1M	$55.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.40	+0.022%	$2.1M	$14.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.47	+0.087%	$351K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0097%	8h	116.40	+0.029%	$1.0M	$555K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.43	+0.052%	$64K	$903K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.44	+0.056%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.59	+0.189%	$696.5M	$406.5M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.44	+0.057%	$15.7M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.48	+0.096%	$963.6M	$3.85B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.47	+0.086%	$366.4M	$1.76B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.37	0.000%	$219K	$850K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.47	+0.083%	$920K	$8.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.33	−0.037%	$125.6M	$25.5M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.48	+0.095%	$370.2M	$1.05B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.49	+0.104%	$129.8M	$237.2M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.43	+0.050%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.31	−0.052%	$22.8M	$36.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.26	−0.098%	$24.8M	$105.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.30	−0.063%	$93.4M	$405.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.39	+0.017%	$47.6M	$29.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.38	+0.009%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USDlong	+0.0100%	1h	116.37	long leg	$1.3M	$11.0M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	116.52	+0.129%	$319K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.50	+0.115%	$283K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.47	+0.088%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.39	+0.017%	$189K	$1.7M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.47	+0.086%	$6.1M	$11.0M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.46	+0.079%	$225.5M	$50.7M	75x	as long as short
Extended SOL-USD	+0.0104%	1h	116.44	+0.058%	$8.2M	$36.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.34	−0.029%	—	$231.7M	500x	as long as short
Phoenix SOL	+0.0124%	1h	116.45	+0.069%	$6.5M	$13.4M	25x	as long as short
01 Exchange SOLUSD	+0.0128%	1h	116.52	+0.129%	$100K	$181K	20x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−0.026%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.46	+0.080%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.45	+0.069%	$52.2M	$64.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.49	+0.107%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0416%	1h	116.38	+0.007%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	116.54	+0.145%	$2.1M	$4.7M	20x	as long as short