Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%

Price spread now: Gate against Aevo−0.010%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1421.415% of the position

Long on Aevo Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.010%, 7d avg +0.013%

Together, before fees+0.180%+$18 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 0.023% cheaper against Aevo than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	116.50	0.0096	pay 0.0012% / 1h	49m 02s	$341K	$236K	20x
Short	Gate SOL_USDT	116.49	0.0100	get 0.0100% / 8h	4h 49m	$845.2M	$653.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aevo. 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 AevobpFee GatebpOrdersPrice spread, now −0.010%Rate

Funding earned: $0.84
Price spread: −0.010% → +0.013%: −$2.27
Slippage, 4 orders: −$110.52
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$142.95
Costs to cover: 1.415%
Break-even: 1198.2 days

Slippage from Aevo: live order book, 10 min ago; Gate: live order book, 5 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 Aevo live order book, 10 min ago	54.80 bp	62.8 bp −$63	62.8 bp −$628	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	0.43 bp	8.0 bp −$8	10.5 bp −$105	16.5 bp −$1,654	28.5 bp −$14.3K

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	−0.0083%	1h	116.50	−0.003%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.73	+0.196%	$913	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0032%	1h	116.61	+0.098%	$103K	$700K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.52	+0.015%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.56	+0.054%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.56	+0.051%	$4.4M	$24.2M	20x	as long as short
ApeX Omni SOLUSDT	+0.0005%	1h	116.61	+0.093%	$1.3M	$6.2M	50x	as long as short
Derive SOL-PERP	+0.0012%	1h	116.44	−0.055%	$1.9M	$2.8M	13x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.56	+0.051%	$99K	$168K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.52	+0.017%	$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	116.50	−0.003%	$30.9M	$100.5M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0085%	1h	116.56	+0.052%	$26.2M	$25.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0091%	8h	116.50	−0.004%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.50	+0.003%	$13.0M	$59.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.49	−0.007%	$2.2M	$16.6M	25x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	116.50	long leg	$341K	$236K	20x
Paradex SOL-USD-PERP	+0.0100%	8h	116.61	+0.089%	$994K	$530K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.50	−0.001%	$48K	$858K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.52	+0.021%	$5.5M	$39.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.57	+0.059%	$706.0M	$395.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.48	−0.018%	$175.0M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.59	+0.078%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.52	+0.016%	$963.0M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.48	−0.018%	$791.9M	$1.33B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.54	+0.033%	$364.0M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.47	−0.027%	$232K	$852K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.54	+0.030%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.66	+0.134%	$133.8M	$20.4M	20x	as long as short
Gate SOL_USDTshort	+0.0100%	8h	116.49	−0.010%	$845.2M	$653.4M	100x
MEXC SOL_USDT	+0.0100%	8h	116.50	−0.001%	$415.3M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.49	−0.006%	$126.4M	$216.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.50	+0.003%	$481.3M	$439.6M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.46	−0.038%	—	$365.4M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.47	−0.027%	$23.3M	$37.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.54	+0.037%	$24.4M	$114.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.65	+0.128%	$93.7M	$396.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.72	+0.184%	$47.7M	$29.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.60	+0.085%	$1.3M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.51	+0.008%	$331K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.51	+0.005%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.48	−0.022%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.49	−0.009%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.51	+0.008%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.50	−0.001%	$226.1M	$46.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.54	+0.033%	$45.5M	$101.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.49	−0.010%	$8.0M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.57	+0.063%	—	$228.2M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	117.56	+0.909%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.76	+0.222%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.49	−0.008%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.49	−0.010%	$51.8M	$71.8M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.52	+0.014%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.60	+0.087%	$141K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0484%	1h	116.69	+0.163%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.59	+0.077%	$1.9M	$4.9M	20x	as long as short