Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against Binance−0.236%110s7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as 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−$240.241% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days+0.220%+$22 · spread now −0.236%, 7d avg −0.026%

Together, before fees+0.277%+ Points / potential airdropedgeX: Active · farm board+$28 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: edgeX is 0.210% cheaper against Binance than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 110 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	116.96	0.0100	pay 0.0100% / 8h	3h 53m	$976.0M	$3.80B	100x
Short	edgeX SOLUSDC	116.68	0.0100	get 0.0050% / 4h	3h 53m	$93.7M	$398.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.236%Rate

Funding earned: $0
Price spread: −0.236% → −0.026%: −$21.05
Slippage, 4 orders: −$5.15
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$45.19
Costs to cover: 0.241%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; edgeX: live order book, 5 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, 5 min ago	0.43 bp	5.4 bp −$5	6.5 bp −$65	9.7 bp −$971	18.3 bp −$9,147
Sell edgeX live order book, 5 min ago	2.14 bp	6.6 bp −$7	6.6 bp −$66	6.7 bp −$673	9.9 bp −$4,947

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
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.76	−0.169%	$31.1M	$100.4M	100x	as long as short
Hibachi SOL/USDT-P	−0.0168%	1h	116.92	−0.030%	$103K	$698K	20x	as long as short
Vest SOL-PERP	−0.0095%	1h	116.78	−0.155%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.95	−0.006%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.82	−0.119%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.82	−0.117%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0006%	1h	116.94	−0.017%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0030%	1h	116.72	−0.208%	$1.9M	$2.8M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.79	−0.148%	$7.4M	$404.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0093%	8h	116.79	−0.147%	$1.0M	$5.8M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0095%	1h	116.82	−0.119%	$26.3M	$23.3M	50x	as long as short
Lighter SOL	+0.0096%	1h	116.89	−0.058%	$13.1M	$59.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.89	−0.058%	$2.2M	$16.7M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	116.87	−0.076%	$99K	$174K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.65	−0.266%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.86	−0.085%	$50K	$882K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.99	+0.024%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.80	−0.132%	$5.4M	$40.1M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.98	+0.018%	$706.3M	$393.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.87	−0.075%	$175.0M	$182.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.00	+0.033%	$15.8M	$130.2M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	116.96	long leg	$976.0M	$3.80B	100x
Bybit SOLUSDT	+0.0100%	8h	116.89	−0.062%	$775.5M	$1.36B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.94	−0.017%	$368.3M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.84	−0.102%	$231K	$837K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.94	−0.015%	$927K	$8.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.86	−0.085%	$848.2M	$655.2M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.86	−0.085%	$367.6M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.82	−0.120%	$129.3M	$222.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.85	−0.094%	$480.0M	$442.3M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.85	−0.096%	—	$365.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.73	−0.196%	$23.2M	$39.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.63	−0.278%	$24.5M	$113.9M	—	as long as short
edgeX SOLUSDCshort	+0.0100%	4h	116.68	−0.236%	$93.7M	$398.0M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	116.61	−0.299%	$47.7M	$30.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.73	−0.194%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.86	−0.085%	$1.3M	$12.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.80	−0.136%	$322K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.80	−0.139%	$149K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.78	−0.158%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.81	−0.130%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.77	−0.162%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.74	−0.191%	$226.4M	$47.9M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.79	−0.145%	$45.7M	$102.5M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.90	−0.051%	$134.0M	$22.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.78	−0.150%	$8.3M	$37.5M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.72	−0.205%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.96	−0.001%	—	$231.4M	500x	as long as short
Phoenix SOL	+0.0137%	1h	116.80	−0.136%	$6.5M	$13.8M	25x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.76	−0.172%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.94	−0.017%	$52.1M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.81	−0.128%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0447%	43m	116.83	−0.112%	$138K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0533%	1h	116.84	−0.105%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.98	+0.022%	$1.9M	$4.8M	20x	as long as short