After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.066%7d average+0.110%fees + slippage, in and out−$15spread needed0.149%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SOL-USD | 117.51 | 0.0100 | pay 0.0013% / 1h | 36m 50s | $1.7M | $8.5M | 20x |
| Short | Phoenix SOL | 117.59 | 0.0143 | get 0.0018% / 1h | 36m 50s | $7.2M | $11.1M | 25x |
Arcus SOL-USD
Phoenix SOLPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.64
- Funding while held
- $1.29
- Slippage, 4 orders
- −$3.36
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$6.94
- Spread needed to break even
- 0.149%
Slippage from Arcus: live order book, 4 min ago; Phoenix: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0043%
- Per $10,000 a day
- +$1.29
- Average in range /8h
- —
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 Arcus live order book, 4 min ago | 0.13 bp | 3.1 bp −$3 | 4.1 bp −$41 | 8.9 bp −$892 | doesn't fit |
| Sell Phoenix live order book, 9 min ago | 0.85 bp | 4.6 bp −$5 | 5.7 bp −$57 | 11.7 bp −$1,175 | doesn't fit |
SOL price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni117.22cheapestApeX Omni117.25+0.024%Extended117.26+0.036%edgeX117.27+0.039%Gate117.27+0.041%Binance117.28+0.050%MEXC117.28+0.050%Bitget117.29+0.055%KuCoin117.29+0.057%OKX117.30+0.067%Bybit117.30+0.070%BingX117.30+0.070%HTX117.38+0.135%Aster117.38+0.139%SoDEX117.39+0.144%Derive117.40+0.151%Hyperliquid117.40+0.152%Vest117.42+0.166%Ondo Perps117.43+0.178%Aevo117.44+0.183%Backpack117.44+0.186%Nado117.44+0.191%Reya117.45+0.193%Phemex117.45+0.195%Lighter RH117.45+0.196%Bullet117.46+0.206%Paradex117.47+0.209%BloFin117.47+0.212%Aftermath Perps117.47+0.212%Lighter117.47+0.213%SunX117.47+0.216%Perpl117.48+0.218%Katana Perps117.48+0.221%Polymarket Perps117.49+0.229%Kraken Futures117.49+0.231%GMX117.49+0.233%Pacifica117.50+0.234%01 Exchange117.50+0.238%gTrade (Gains Network)117.50+0.238%Bluefin117.50+0.240%Jupiter Perps117.50+0.241%Kalshi117.50+0.241%Orderly117.51+0.245%Coinbase International117.51+0.245%Hotstuff117.51+0.246%StandX117.51+0.246%
Variational Omni
ApeX Omni
Extended
Gate
Binance
MEXC
Bitget
KuCoin
OKX
Bybit
BingX
HTX
Aster
SoDEX
Derive
Hyperliquid
Vest
Ondo Perps
Aevo
Backpack
Nado
Reya
Phemex
Lighter RH
Bullet
Paradex
BloFin
Lighter
SunX
Perpl
Katana Perps
Polymarket Perps
Kraken Futures
GMX
Pacifica
gTrade (Gains Network)
Bluefin
Jupiter Perps
Orderly
Coinbase International
Hotstuff
StandXArcus117.51+0.248%
Hibachi117.52+0.257%Deribit117.53+0.261%RISEx117.54+0.272%Bulk117.55+0.277%dYdX117.55+0.279%
Hibachi
Deribit
RISEx
Bulk
dYdXPhoenix117.59+0.314%
Injective117.77+0.468%
InjectiveSOL on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SOL | −0.247% | +0.0100% | 8h | $28.4M | $116.5M | — | as long as short |
| ApeX Omni SOLUSDT | −0.223% | −0.0156% | 1h | $1.6M | $6.2M | 50x | as long as short |
| Extended SOL-USD | −0.211% | +0.0104% | 1h | $8.7M | $36.1M | 50x | as long as short |
| edgeX SOLUSDC | −0.208% | +0.0100% | 4h | $94.2M | $383.2M | 75x | as long as short |
| Gate SOL_USDT | −0.206% | +0.0009% | 8h | $850.6M | $643.2M | 100x | as long as short |
| Binance SOLUSDT | −0.197% | +0.0087% | 8h | $950.6M | $3.59B | 100x | as long as short |
| MEXC SOL_USDT | −0.197% | +0.0086% | 8h | $436.4M | $1.08B | 300x | as long as short |
| Bitget SOLUSDT | −0.192% | +0.0070% | 8h | $493.5M | $436.7M | 100x | as long as short |
| KuCoin SOLUSDTM | −0.191% | +0.0057% | 8h | $139.8M | $168.2M | 75x | as long as short |
| OKX SOL-USDT-SWAP | −0.180% | +0.0004% | 8h | $369.8M | $1.64B | 100x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SOLUSDT | −0.178% | +0.0100% | 8h | $813.8M | $1.22B | 100x | as long as short |
| BingX SOL-USDC | −0.177% | +0.0003% | 8h | — | $10.3M | — | as long as short |
| HTX SOL-USDT | −0.113% | +0.0033% | 8h | $228.9M | $41.5M | 75x | as long as short |
| Aster SOLUSDT | −0.109% | +0.0086% | 8h | $175.9M | $172.3M | 100x | as long as short |
| SoDEX SOL-USD | −0.104% | +0.0092% | 1h | $6.1M | $11.0M | 20x | as long as short |
| Derive SOL-PERP | −0.097% | −0.0142% | 1h | $1.9M | $3.1M | 13x | as long as short |
| Hyperliquid SOL | −0.095% | +0.0100% | 1h | $699.8M | $430.0M | 20x | as long as short |
| Vest SOL-PERP | −0.082% | −0.0117% | 1h | — | $728K | 20x | as long as short |
| Ondo Perps SOL-USD.P | −0.070% | +0.0100% | 1h | $228K | $879K | 10x | as long as short |
| Aevo SOL-PERP | −0.065% | +0.0080% | 1h | $347K | $749K | 20x | as long as short |
| Backpack SOL_USDC_PERP | −0.061% | +0.0100% | 1h | $24.3M | $37.1M | 50x | as long as short |
| Nado SOL-PERP | −0.057% | +0.0100% | 1h | $5.4M | $38.5M | 40x | as long as short |
| Reya SOLRUSDPERP | −0.055% | +0.0196% | 1h | $1.1M | $553K | 25x | as long as short |
| Phemex SOLUSDT | −0.053% | +0.0026% | 8h | $45.6M | $95.5M | 50x | as long as short |
| Lighter RH SOL | −0.052% | +0.0096% | 1h | $2.0M | $16.7M | 25x | as long as short |
| Bullet SOL-USD | −0.042% | +0.0100% | 1h | $200K | $1.7M | 20x | as long as short |
| Paradex SOL-USD-PERP | −0.039% | +0.0078% | 8h | $1.0M | $435K | 50x | as long as short |
| BloFin SOL-USDT | −0.036% | +0.0207% | 8h | $52.1M | $92.5M | 125x | as long as short |
| Aftermath Perps SOLUSD | −0.035% | +0.0076% | 1h | $24K | $43K | 20x | as long as short |
| Lighter SOL | −0.035% | +0.0096% | 1h | $13.4M | $48.1M | 25x | as long as short |
| SunX SOL-USDT | −0.032% | +0.0100% | 8h | $191K | $1.9M | 30x | as long as short |
| Perpl SOL | −0.030% | 0.0000% | 43m | $179K | $3.9M | 8.3x | as long as short |
| Katana Perps SOL-USD | −0.027% | +0.0100% | 8h | $42K | $708K | 20x | as long as short |
| Polymarket Perps SOL-USD | −0.019% | +0.0100% | 1h | $379K | $2.1M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.017% | −0.0173% | 1h | $33.6M | $83.2M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | −0.015% | L +0.0180% / S −0.0085% | 1h | $3.7M | — | 200x | as long as short |
| Pacifica SOL | −0.014% | +0.0100% | 1h | $13.2M | $98.6M | 20x | as long as short |
| 01 Exchange SOLUSD | −0.010% | 0.0000% | 1h | $115K | $124K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | −0.009% | L −0.0001% / S +0.0004% | 1h | $57K | — | 150x | as long as short |
| Bluefin SOL-PERP | −0.008% | +0.0642% | 1h | $38K | $13K | 25x | as long as short |
| Jupiter Perps SOL-PERP | −0.007% | L +0.0112% / S +0.0048% | 1h | — | $202.4M | 500x | as long as short |
| Kalshi KXSOLPERP | −0.007% | 0.0000% | 8h | $1.3M | $20.9M | 3.1x | as long as short |
| Orderly PERP_SOL_USDC | −0.003% | +0.0059% | 8h | $1.1M | $5.1M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | −0.003% | +0.0072% | 1h | $7.5M | $381.6M | 50x | as long as short |
| Hotstuff SOL-PERP | −0.002% | −0.0080% | 1h | $833 | $8K | 25x | as long as short |
| StandX SOL-USD | −0.002% | +0.0100% | 1h | $1.3M | $11.4M | 30x | as long as short |
| Arcus SOL-USDlong | 0.000% | +0.0100% | 1h | $1.7M | $8.5M | 20x | |
| Hibachi SOL/USDT-P | +0.009% | +0.0128% | 1h | $111K | $505K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.013% | +0.0049% | 1h | $26.3M | $27.1M | 50x | as long as short |
| RISEx SOL/USDC | +0.024% | +0.0151% | 1h | $1.6M | $7.1M | 20x | as long as short |
| Bulk SOL-USD | +0.029% | +0.0100% | 1h | $123.3M | $18.0M | 20x | as long as short |
| dYdX SOL-USD | +0.031% | −0.0006% | 1h | $4.4M | $23.0M | 20x | as long as short |
| Phoenix SOLshort | +0.066% | +0.0143% | 1h | $7.2M | $11.1M | 25x | |
| Injective SOL/USDC PERP | +0.220% | +0.0123% | 1h | $4K | $64K | 12x | as long as short |