Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against SunX−0.044%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$490.494% of the position

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.044%, 7d avg +0.020%

Together, before fees+0.092%+$9 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: MEXC is 0.064% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOL-USDT	116.67	0.0100	pay 0.0100% / 8h	3h 28m	$190K	$1.8M	30x
Short	MEXC SOL_USDT	116.62	0.0100	get 0.0100% / 8h	3h 28m	$366.9M	$1.08B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → +0.020%: −$6.39
Slippage, 4 orders: −$39.36
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$55.75
Costs to cover: 0.494%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; MEXC: live order book, 6 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 SunX live order book, 7 min ago	10.29 bp	17.6 bp −$18	30.4 bp −$304	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.7 bp −$270	3.9 bp −$1,967

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
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.68	+0.011%	$31.0M	$101.1M	100x	as long as short
Hibachi SOL/USDT-P	−0.0176%	1h	116.72	+0.041%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0092%	1h	116.60	−0.060%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.69	+0.014%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.67	−0.004%	$42K	—	150x	as long as short
Bybit SOLUSDT	+0.0006%	8h	116.53	−0.121%	$757.6M	$1.38B	100x	as long as short
dYdX SOL-USD	+0.0011%	1h	116.69	+0.014%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0032%	1h	116.59	−0.067%	$1.9M	$2.9M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.69	+0.018%	$7.6M	$405.2M	50x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	116.66	−0.010%	$99K	$174K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SOL-USD	+0.0093%	1h	116.62	−0.041%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0093%	8h	116.66	−0.007%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.68	+0.009%	$13.1M	$60.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.68	+0.008%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.67	−0.003%	$350K	$246K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.63	−0.035%	$61K	$895K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.66	−0.011%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.68	+0.006%	$5.4M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.75	+0.068%	$704.9M	$394.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.62	−0.044%	$174.7M	$183.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.72	+0.039%	$15.8M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.64	−0.025%	$973.7M	$3.82B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.64	−0.027%	$366.6M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.69	+0.016%	$229K	$842K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.71	+0.032%	$921K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.75	+0.068%	$133.5M	$19.9M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.64	−0.027%	$852.4M	$663.1M	100x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	116.62	−0.044%	$366.9M	$1.08B	300x
KuCoin SOLUSDTM	+0.0100%	8h	116.64	−0.030%	$129.1M	$223.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.64	−0.028%	$481.4M	$444.6M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.58	−0.078%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.67	−0.001%	$23.0M	$39.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.79	+0.106%	$24.6M	$113.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.77	+0.084%	$93.7M	$400.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.90	+0.196%	$47.8M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.87	+0.170%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.77	+0.085%	$1.3M	$12.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.60	−0.061%	$320K	$2.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.63	−0.034%	$25K	$31K	25x	as long as short
SunX SOL-USDTlong	+0.0100%	8h	116.67	long leg	$190K	$1.8M	30x
SoDEX SOL-USD	+0.0100%	1h	116.70	+0.025%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.58	−0.078%	$225.9M	$48.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.69	+0.016%	$45.7M	$103.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.63	−0.039%	$8.3M	$37.6M	50x	as long as short
Kalshi KXSOLPERP	+0.0106%	8h	116.65	−0.016%	$1.5M	$19.0M	3.1x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.99	+0.273%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.69	+0.016%	—	$231.5M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.89	+0.188%	$6.5M	$13.8M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0171%	1h	116.73	+0.051%	$26.3M	$23.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.58	−0.082%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.71	+0.033%	$52.0M	$67.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.65	−0.019%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.68	+0.010%	$138K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0541%	1h	116.81	+0.116%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.73	+0.053%	$1.9M	$4.8M	20x	as long as short