Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: MEXC against Aevo+0.012%7-day average +0.017% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on Aevo Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)+0.053%+$5 · spread now +0.012%, 7d avg +0.017%

Together, before fees+0.063%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	117.51	0.0096	pay 0.0012% / 1h	2m 11s	$344K	$256K	20x
Short	MEXC SOL_USDT	117.52	0.0100	get 0.0100% / 8h	6h 02m	$423.8M	$1.11B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0.84
Price spread: +0.012% → +0.017%: −$0.45
Slippage, 4 orders: −$17.69
Fee Aevo: 8 bp × 2 orders: −$16
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$35.31
Costs to cover: 0.357%
Break-even: 301.2 days

Slippage from Aevo: live order book, 2 min ago; MEXC: 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 Aevo live order book, 2 min ago	1.79 bp	16.1 bp −$16	23.2 bp −$232	33.4 bp −$3,335	doesn't fit
Sell MEXC live order book, 2 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.5 bp −$254	5.1 bp −$2,549

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	117.56	+0.043%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0059%	1h	117.45	−0.049%	—	$607K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.53	+0.023%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.47	−0.031%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.55	+0.037%	$1.4M	$20.3M	3.1x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.53	+0.021%	$1.9M	$4.9M	20x	as long as short
Derive SOL-PERP	+0.0021%	1h	117.44	−0.058%	$2.0M	$2.8M	13x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0034%	1h	117.53	+0.025%	$26.4M	$25.4M	50x	as long as short
HTX SOL-USDT	+0.0037%	8h	117.40	−0.089%	$228.1M	$45.4M	75x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.50	−0.003%	$31.5M	$98.5M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0056%	1h	117.56	+0.046%	$100K	$690K	20x	as long as short
Gate SOL_USDT	+0.0071%	8h	117.49	−0.013%	$848.3M	$668.2M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.52	+0.011%	$7.9M	$404.8M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.50	−0.003%	—	$367.8M	—	as long as short
ApeX Omni SOLUSDT	+0.0083%	1h	117.49	−0.012%	$1.5M	$6.0M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.52	+0.010%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.51	+0.003%	$13.0M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.50	−0.008%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.51	+0.004%	$100K	$161K	20x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	117.51	long leg	$344K	$256K	20x
Paradex SOL-USD-PERP	+0.0100%	8h	117.49	−0.013%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.47	−0.030%	$67K	$840K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.44	−0.052%	$5.8M	$40.2M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.51	+0.003%	$176.4M	$177.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.48	−0.021%	$14.5M	$128.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.52	+0.012%	$968.8M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.51	+0.004%	$820.3M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.51	+0.004%	$366.3M	$1.64B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.42	−0.073%	$238K	$852K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.48	−0.021%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	117.52	+0.012%	$423.8M	$1.11B	300x
KuCoin SOLUSDTM	+0.0100%	8h	117.50	−0.002%	$130.5M	$211.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.48	−0.023%	$487.0M	$436.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.51	+0.004%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.52	+0.016%	$24.3M	$120.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.48	−0.018%	$94.4M	$404.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.43	−0.062%	$48.1M	$28.7M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.57	+0.055%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.49	−0.013%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.52	+0.014%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.51	0.000%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.54	+0.030%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.51	+0.004%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.52	+0.012%	$45.7M	$100.7M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	−0.043%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.52	+0.012%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.47	−0.029%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.53	+0.018%	—	$222.0M	500x	as long as short
Hyperliquid SOL	+0.0122%	1h	117.61	+0.089%	$717.3M	$395.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.49	−0.011%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.45	−0.047%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0174%	1h	117.52	+0.014%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0358%	1h	117.56	+0.050%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.50	−0.007%	$128K	$3.8M	8.3x	as long as short