SOL

Alert

After costs, if the gap returns to its 7d average, $10k−$81

spread now−0.488%7d average+0.137%fees + slippage, in and out−$19spread needed0.189%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SOLUSDT	118.61	0.0100	pay 0.0100% / 8h	1h 08m	$178.2M	$163.8M	100x
Short	Phoenix SOL	118.03	0.0163	get 0.0020% / 1h	8m 49s	$7.4M	$10.9M	25x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee AsterbpFee PhoenixbpOrdersClose when spread is

Spread captured: −$48.8
Funding while held: $1.88
Slippage, 4 orders: −$3.88
Fee Aster: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$65.81
Spread needed to break even: 0.189%

Slippage from Aster: live order book, 2 min ago; Phoenix: live order book, 2 min ago.

Cost of waiting

funding view

Funding /8h: +0.0063%
Per $10,000 a day: +$1.88
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 Aster live order book, 2 min ago	0.42 bp	5.3 bp −$5	6.0 bp −$60	9.3 bp −$933	32.9 bp −$16.4K
Sell Phoenix live order book, 2 min ago	0.85 bp	4.6 bp −$5	5.7 bp −$57	12.8 bp −$1,279	doesn't fit

SOL price on every exchange

against the cheapest. Click to use as the short leg.

edgeX117.77cheapest Bulk117.99+0.189%

Phoenix118.03+0.224%

Variational Omni118.19+0.360%Aftermath Perps118.21+0.376%ApeX Omni118.23+0.394%StandX118.24+0.403%Hibachi118.31+0.460%Hotstuff118.33+0.482%Jupiter Perps118.36+0.506%Katana Perps118.40+0.539%Ondo Perps118.41+0.547%Nado118.45+0.585%Vest118.48+0.608%RISEx118.48+0.610%HTX118.50+0.621%Arcus118.51+0.633%Derive118.51+0.635%Extended118.52+0.637%Aevo118.55+0.666%Perpl118.56+0.673%BloFin118.56+0.674%Bluefin118.56+0.676%Kraken Futures118.57+0.680%SunX118.57+0.682%Orderly118.57+0.683%SoDEX118.57+0.683%Bullet118.58+0.688%Backpack118.59+0.700%Polymarket Perps118.59+0.700%Coinbase International118.59+0.702%GMX118.60+0.705%Kalshi118.60+0.705%OKX118.60+0.708%Phemex118.60+0.708%Reya118.61+0.713%

Aster118.61+0.716%

Deribit118.61+0.717%Gate118.62+0.725%BingX118.62+0.727%Paradex118.63+0.733%gTrade (Gains Network)118.64+0.739%01 Exchange118.66+0.759%Bybit118.68+0.773%Bitget118.69+0.788%MEXC118.70+0.793%Lighter RH118.71+0.802%Binance118.71+0.802%KuCoin118.71+0.803%dYdX118.71+0.806%Lighter118.72+0.812%Pacifica118.72+0.814%Hyperliquid118.77+0.853%

Injective130.14+10.507%

SOL on 54 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX SOLUSDC	−0.711%	+0.0100%	4h	$94.6M	$364.2M	75x	as long as short
Bulk SOL-USD	−0.523%	+0.0100%	1h	$118.7M	$21.6M	20x	as long as short
Phoenix SOLshort	−0.488%	+0.0163%	1h	$7.4M	$10.9M	25x
Variational Omni SOL	−0.353%	+0.0100%	8h	$26.8M	$101.4M	—	as long as short
Aftermath Perps SOLUSD	−0.337%	+0.0312%	1h	$24K	$40K	20x	as long as short
ApeX Omni SOLUSDT	−0.319%	+0.0055%	1h	$1.6M	$6.0M	50x	as long as short
StandX SOL-USD	−0.311%	+0.0100%	1h	$1.4M	$10.4M	30x	as long as short
Hibachi SOL/USDT-P	−0.255%	+0.0448%	1h	$117K	$492K	20x	as long as short
Hotstuff SOL-PERP	−0.233%	−0.0080%	1h	$839	$8K	25x	as long as short
Jupiter Perps SOL-PERP	−0.208%	L +0.0120% / S +0.0048%	1h	—	$187.0M	500x	as long as short

Show all 54 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Katana Perps SOL-USD	−0.176%	+0.0100%	8h	$77K	$608K	20x	as long as short
Ondo Perps SOL-USD.P	−0.168%	+0.0100%	1h	$239K	$963K	10x	as long as short
Nado SOL-PERP	−0.130%	+0.0100%	1h	$5.5M	$37.4M	40x	as long as short
Vest SOL-PERP	−0.107%	−0.0066%	1h	—	$723K	20x	as long as short
RISEx SOL/USDC	−0.105%	+0.0137%	1h	$1.6M	$7.3M	20x	as long as short
HTX SOL-USDT	−0.094%	+0.0100%	8h	$231.5M	$38.0M	75x	as long as short
Arcus SOL-USD	−0.082%	+0.0100%	1h	$1.8M	$7.6M	20x	as long as short
Derive SOL-PERP	−0.080%	+0.0045%	1h	$1.9M	$2.3M	13x	as long as short
Extended SOL-USD	−0.078%	+0.0104%	1h	$9.0M	$32.8M	50x	as long as short
Aevo SOL-PERP	−0.049%	+0.0096%	1h	$351K	$775K	20x	as long as short
Perpl SOL	−0.043%	−0.0447%	43m	$331K	$3.6M	8.3x	as long as short
BloFin SOL-USDT	−0.041%	+0.0220%	8h	$54.0M	$91.5M	125x	as long as short
Bluefin SOL-PERP	−0.039%	−0.0199%	1h	$38K	$24K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.036%	−0.0113%	1h	$31.8M	$83.7M	100x	as long as short
SunX SOL-USDT	−0.034%	+0.0100%	8h	$196K	$1.9M	30x	as long as short
Orderly PERP_SOL_USDC	−0.033%	+0.0079%	8h	$1.1M	$4.4M	100x	as long as short
SoDEX SOL-USD	−0.033%	+0.0100%	1h	$6.2M	$11.0M	20x	as long as short
Bullet SOL-USD	−0.027%	+0.0100%	1h	$203K	$1.7M	20x	as long as short
Backpack SOL_USDC_PERP	−0.016%	+0.0100%	1h	$24.4M	$35.3M	50x	as long as short
Polymarket Perps SOL-USD	−0.016%	+0.0100%	1h	$415K	$1.9M	20x	as long as short
Coinbase International SOL-PERP-INTX	−0.013%	+0.0104%	1h	$8.3M	$357.8M	50x	as long as short
GMX SOL/USD [SOL-USDC]	−0.011%	L +0.0185% / S −0.0099%	1h	$3.7M	—	200x	as long as short
Kalshi KXSOLPERP	−0.011%	0.0000%	8h	$890K	$21.0M	3.1x	as long as short
OKX SOL-USDT-SWAP	−0.007%	+0.0046%	8h	$380.3M	$1.66B	100x	as long as short
Phemex SOLUSDT	−0.007%	+0.0093%	8h	$46.0M	$91.4M	50x	as long as short
Reya SOLRUSDPERP	−0.003%	+0.0203%	1h	$1.1M	$540K	25x	as long as short
Aster SOLUSDTlong	0.000%	+0.0100%	8h	$178.2M	$163.8M	100x
Deribit SOL_USDC-PERPETUAL	+0.001%	0.0000%	1h	$26.1M	$25.9M	50x	as long as short
Gate SOL_USDT	+0.009%	+0.0090%	8h	$871.1M	$646.4M	100x	as long as short
BingX SOL-USDT	+0.011%	+0.0038%	8h	—	$388.8M	—	as long as short
Paradex SOL-USD-PERP	+0.017%	+0.0094%	8h	$995K	$429K	50x	as long as short
gTrade (Gains Network) SOL/USD	+0.023%	L 0.0000% / S +0.0004%	1h	$60K	—	150x	as long as short
01 Exchange SOLUSD	+0.043%	+0.0248%	1h	$116K	$129K	20x	as long as short
Bybit SOLUSDT	+0.057%	+0.0100%	8h	$822.1M	$1.20B	100x	as long as short
Bitget SOLUSDT	+0.072%	+0.0100%	8h	$496.5M	$435.7M	100x	as long as short
MEXC SOL_USDT	+0.077%	+0.0100%	8h	$435.8M	$1.09B	300x	as long as short
Lighter RH SOL	+0.085%	+0.0096%	1h	$2.0M	$16.4M	25x	as long as short
Binance SOLUSDT	+0.086%	+0.0100%	8h	$983.4M	$3.46B	100x	as long as short
KuCoin SOLUSDTM	+0.087%	+0.0100%	8h	$144.2M	$156.0M	75x	as long as short
dYdX SOL-USD	+0.089%	0.0000%	1h	$4.6M	$22.1M	20x	as long as short
Lighter SOL	+0.095%	+0.0096%	1h	$14.3M	$46.0M	25x	as long as short
Pacifica SOL	+0.097%	+0.0100%	1h	$12.2M	$82.1M	20x	as long as short
Hyperliquid SOL	+0.136%	+0.0151%	1h	$733.3M	$423.2M	20x	as long as short
Injective SOL/USDC PERP	+9.722%	+0.0924%	1h	$5K	$157K	12x	as long as short