Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Bitget against Binance+0.004%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$260.257% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days−0.007%−$1 · spread now +0.004%, 7d avg −0.009%

Together, before fees−0.039%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	118.77	0.0100	pay 0.0100% / 8h	2m 44s	$979.9M	$3.82B	100x
Short	Bitget SOLUSDT	118.78	0.0100	get 0.0100% / 8h	2m 44s	$492.8M	$458.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → −0.009%: $1.29
Slippage, 4 orders: −$3.71
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$24.42
Costs to cover: 0.257%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 6 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, 11 min ago	0.42 bp	5.4 bp −$5	5.6 bp −$56	8.5 bp −$846	17.2 bp −$8,583
Sell Bitget live order book, 6 min ago	0.04 bp	8.1 bp −$8	8.5 bp −$85	13.3 bp −$1,329	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
Derive SOL-PERP	−0.0100%	1h	118.69	−0.071%	$2.0M	$2.8M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.76	−0.013%	$842	$8K	25x	as long as short
Vest SOL-PERP	−0.0078%	1h	118.71	−0.051%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0020%	1h	118.76	−0.008%	$4.8M	$28.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.79	+0.013%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.81	+0.034%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.77	−0.001%	$175K	$3.9M	8.3x	as long as short
ApeX Omni SOLUSDT	+0.0002%	1h	118.55	−0.188%	$1.5M	$6.1M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0040%	1h	118.82	+0.040%	$26.6M	$25.7M	50x	as long as short
Gate SOL_USDT	+0.0065%	8h	118.75	−0.019%	$860.2M	$689.7M	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	+0.0077%	8h	118.78	+0.007%	$1.0M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0079%	8h	118.69	−0.072%	$231.0M	$45.1M	75x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	118.78	+0.006%	$104K	$158K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.74	−0.030%	—	$10.5M	—	as long as short
Hibachi SOL/USDT-P	+0.0088%	1h	118.79	+0.018%	$122K	$642K	20x	as long as short
Lighter SOL	+0.0096%	1h	118.78	+0.002%	$13.4M	$56.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.77	−0.006%	$2.1M	$17.1M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.79	+0.013%	$352K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.80	+0.023%	$8.1M	$416.5M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.76	−0.010%	$1.0M	$521K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.74	−0.028%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.75	−0.019%	$5.8M	$40.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.89	+0.098%	$719.0M	$407.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.77	−0.003%	$178.4M	$177.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.82	+0.036%	$12.2M	$122.3M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	118.77	long leg	$979.9M	$3.82B	100x
Bybit SOLUSDT	+0.0100%	8h	118.80	+0.023%	$823.4M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.78	+0.006%	$371.0M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.44	−0.281%	$230K	$871K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.79	+0.014%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.65	−0.106%	$133.6M	$4.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.78	+0.006%	$427.2M	$1.14B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.78	+0.003%	$137.5M	$206.9M	75x	as long as short
Bitget SOLUSDTshort	+0.0100%	8h	118.78	+0.004%	$492.8M	$458.7M	100x
Backpack SOL_USDC_PERP	+0.0100%	1h	118.81	+0.031%	$24.1M	$38.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.48	−0.248%	$27.0M	$128.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.60	−0.147%	$95.3M	$403.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.57	−0.174%	$48.6M	$30.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.79	+0.014%	$1.4M	$13.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.78	+0.006%	$361K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.77	−0.004%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.77	+0.001%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.74	−0.031%	$192K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.76	−0.011%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.75	−0.019%	$46.5M	$102.5M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.64	−0.112%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.73	−0.034%	$8.7M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	118.77	−0.004%	$32.6M	$97.1M	100x	as long as short
Aftermath Perps SOLUSD	+0.0117%	1h	118.67	−0.086%	$24K	$47K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.78	+0.003%	—	$225.8M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0166% / S −0.0070%	1h	118.78	+0.004%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	118.66	−0.095%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0185%	1h	118.77	−0.003%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.76	−0.011%	$51.8M	$80.1M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	118.76	−0.010%	$1.8M	$4.8M	20x	as long as short