Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%

Price spread now: ApeX Omni against Binance+0.139%109s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.231% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.256%−$26 on $10k

Price spread, last 7 days−0.103%−$10 · spread now +0.139%, 7d avg −0.006%

Together, before fees−0.359%−$36 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: ApeX Omni is 0.145% dearer against Binance than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	116.51	0.0100	pay 0.0100% / 8h	4h 41m	$964.5M	$3.78B	100x
Short	ApeX Omni SOLUSDT	116.67	0.0100	get 0.0013% / 1h	41m 42s	$1.2M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now +0.139%Rate

Funding earned: $0
Price spread: +0.139% → −0.006%: $14.54
Slippage, 4 orders: −$3.15
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$8.61
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; ApeX Omni: 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 Binance live order book, 2 min ago	0.43 bp	5.4 bp −$5	5.9 bp −$59	8.8 bp −$880	16.9 bp −$8,475
Sell ApeX Omni live order book, 2 min ago	0.86 bp	6.4 bp −$6	9.9 bp −$99	doesn't fit	doesn't fit

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	−0.0090%	1h	116.42	−0.075%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.46	−0.042%	$911	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0056%	1h	116.59	+0.067%	$103K	$700K	20x	as long as short
Derive SOL-PERP	−0.0016%	1h	116.34	−0.151%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.43	−0.071%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.49	−0.017%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	0.0000%	1h	116.46	−0.047%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	116.43	−0.070%	$99K	$169K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.41	−0.086%	$7.5M	$403.7M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.42	−0.081%	$31.0M	$100.4M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0091%	8h	116.43	−0.069%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.50	−0.012%	$13.0M	$59.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.49	−0.018%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.44	−0.063%	$341K	$236K	20x	as long as short
Katana Perps SOL-USD	+0.0098%	8h	116.37	−0.122%	$50K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.57	+0.050%	$988K	$534K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.39	−0.106%	$5.4M	$39.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.55	+0.033%	$705.3M	$395.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.49	−0.019%	$175.1M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.54	+0.021%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	116.51	long leg	$964.5M	$3.78B	100x
Bybit SOLUSDT	+0.0100%	8h	116.44	−0.059%	$785.0M	$1.34B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.52	+0.007%	$366.8M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.43	−0.070%	$230K	$846K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.48	−0.025%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.65	+0.119%	$133.5M	$20.6M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.45	−0.053%	$845.0M	$656.1M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.51	−0.002%	$418.2M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.46	−0.042%	$126.2M	$217.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.46	−0.047%	$478.5M	$441.7M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.46	−0.044%	—	$364.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.42	−0.079%	$23.2M	$37.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.49	−0.016%	$24.4M	$114.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.46	−0.041%	$93.5M	$398.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.62	+0.093%	$47.7M	$29.4M	20x	as long as short
ApeX Omni SOLUSDTshort	+0.0100%	1h	116.67	+0.139%	$1.2M	$6.6M	50x
StandX SOL-USD	+0.0100%	1h	116.60	+0.076%	$1.3M	$13.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.44	−0.062%	$321K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.41	−0.084%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.41	−0.085%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.42	−0.079%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.42	−0.079%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.36	−0.126%	$225.9M	$46.6M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.44	−0.062%	$45.5M	$101.6M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0104%	1h	116.46	−0.041%	$26.2M	$25.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.42	−0.077%	$7.9M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.47	−0.032%	—	$228.5M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	+0.041%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.52	+0.007%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.40	−0.098%	$1.1M	$539K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.56	+0.041%	$51.7M	$72.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.42	−0.080%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.46	−0.044%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0515%	1h	116.62	+0.090%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.47	−0.036%	$1.9M	$4.9M	20x	as long as short