After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.145%7d average+0.136%fees + slippage, in and out−$20spread needed0.202%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOLUSDT | 117.40 | 0.0086 | pay 0.0086% / 8h | 6h 39m | $951.6M | $3.59B | 100x |
| Short | Phoenix SOL | 117.57 | 0.0143 | get 0.0018% / 1h | 39m 10s | $7.2M | $11.1M | 25x |
Binance SOLUSDT
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
- $14.48
- Funding while held
- $1.71
- Slippage, 4 orders
- −$3.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$4.01
- Spread needed to break even
- 0.202%
Slippage from Binance: live order book, 6 min ago; Phoenix: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0057%
- Per $10,000 a day
- +$1.71
- 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 Binance live order book, 6 min ago | 0.43 bp | 5.4 bp −$5 | 5.7 bp −$57 | 7.8 bp −$777 | 15.9 bp −$7,929 |
| Sell Phoenix live order book, 6 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.Ondo Perps117.19cheapestApeX Omni117.20+0.009%Variational Omni117.22+0.027%Vest117.22+0.027%Hotstuff117.22+0.029%edgeX117.23+0.031%HTX117.23+0.034%Paradex117.27+0.071%SunX117.28+0.080%Reya117.29+0.085%Katana Perps117.31+0.102%StandX117.31+0.102%Polymarket Perps117.31+0.102%BloFin117.31+0.102%Nado117.31+0.103%Hibachi117.32+0.112%Arcus117.32+0.113%Kalshi117.32+0.115%Derive117.33+0.116%01 Exchange117.33+0.119%RISEx117.33+0.120%Perpl117.34+0.127%Bullet117.34+0.130%Pacifica117.35+0.137%Phemex117.35+0.137%GMX117.35+0.139%OKX117.36+0.145%Jupiter Perps117.36+0.149%dYdX117.37+0.151%Bitget117.37+0.152%Extended117.37+0.153%KuCoin117.37+0.154%BingX117.37+0.154%Gate117.38+0.162%SoDEX117.38+0.162%Lighter RH117.39+0.166%Lighter117.39+0.168%Aster117.39+0.171%MEXC117.39+0.171%gTrade (Gains Network)117.39+0.171%Aevo117.39+0.172%
Ondo Perps
ApeX Omni
Variational Omni
Vest
Hotstuff
HTX
Paradex
SunX
Reya
Katana Perps
StandX
Polymarket Perps
BloFin
Nado
Hibachi
Arcus
Derive
RISEx
Perpl
Bullet
Pacifica
Phemex
GMX
OKX
Jupiter Perps
dYdX
Bitget
Extended
KuCoin
BingX
Gate
SoDEX
Lighter RH
Lighter
Aster
MEXC
gTrade (Gains Network)
AevoBinance117.40+0.179%
Bluefin117.40+0.179%Bybit117.41+0.188%Orderly117.42+0.196%Kraken Futures117.42+0.198%Backpack117.43+0.205%Aftermath Perps117.44+0.216%Coinbase International117.45+0.225%Deribit117.46+0.231%Hyperliquid117.47+0.241%Bulk117.55+0.304%
Bluefin
Bybit
Orderly
Kraken Futures
Backpack
Coinbase International
Deribit
Hyperliquid
BulkPhoenix117.57+0.324%
Injective117.77+0.495%
InjectiveSOL on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps SOL-USD.P | −0.179% | +0.0100% | 1h | $228K | $876K | 10x | as long as short |
| ApeX Omni SOLUSDT | −0.170% | −0.0176% | 1h | $1.6M | $6.2M | 50x | as long as short |
| Variational Omni SOL | −0.152% | +0.0100% | 8h | $28.4M | $116.5M | — | as long as short |
| Vest SOL-PERP | −0.152% | −0.0118% | 1h | — | $728K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.150% | −0.0080% | 1h | $831 | $8K | 25x | as long as short |
| edgeX SOLUSDC | −0.148% | +0.0100% | 4h | $94.1M | $383.0M | 75x | as long as short |
| HTX SOL-USDT | −0.145% | +0.0049% | 8h | $228.6M | $41.4M | 75x | as long as short |
| Paradex SOL-USD-PERP | −0.108% | +0.0077% | 8h | $1.0M | $436K | 50x | as long as short |
| SunX SOL-USDT | −0.099% | +0.0100% | 8h | $190K | $1.9M | 30x | as long as short |
| Reya SOLRUSDPERP | −0.094% | +0.0196% | 1h | $1.1M | $553K | 25x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Katana Perps SOL-USD | −0.077% | +0.0100% | 8h | $42K | $708K | 20x | as long as short |
| StandX SOL-USD | −0.077% | +0.0100% | 1h | $1.3M | $11.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | −0.077% | +0.0100% | 1h | $378K | $2.1M | 20x | as long as short |
| BloFin SOL-USDT | −0.077% | +0.0206% | 8h | $52.1M | $92.4M | 125x | as long as short |
| Nado SOL-PERP | −0.076% | +0.0100% | 1h | $5.5M | $38.5M | 40x | as long as short |
| Hibachi SOL/USDT-P | −0.067% | +0.0128% | 1h | $111K | $508K | 20x | as long as short |
| Arcus SOL-USD | −0.066% | +0.0100% | 1h | $1.7M | $8.5M | 20x | as long as short |
| Kalshi KXSOLPERP | −0.064% | 0.0000% | 8h | $1.3M | $20.9M | 3.1x | as long as short |
| Derive SOL-PERP | −0.063% | −0.0142% | 1h | $1.9M | $3.1M | 13x | as long as short |
| 01 Exchange SOLUSD | −0.060% | 0.0000% | 1h | $115K | $124K | 20x | as long as short |
| RISEx SOL/USDC | −0.059% | +0.0151% | 1h | $1.5M | $7.1M | 20x | as long as short |
| Perpl SOL | −0.052% | 0.0000% | 43m | $179K | $3.9M | 8.3x | as long as short |
| Bullet SOL-USD | −0.049% | +0.0100% | 1h | $201K | $1.7M | 20x | as long as short |
| Pacifica SOL | −0.043% | +0.0100% | 1h | $13.2M | $98.6M | 20x | as long as short |
| Phemex SOLUSDT | −0.043% | +0.0047% | 8h | $45.6M | $95.4M | 50x | as long as short |
| GMX SOL/USD [SOL-USDC] | −0.040% | L +0.0181% / S −0.0070% | 1h | $3.8M | — | 200x | as long as short |
| OKX SOL-USDT-SWAP | −0.034% | +0.0003% | 8h | $370.4M | $1.64B | 100x | as long as short |
| Jupiter Perps SOL-PERP | −0.030% | L +0.0112% / S +0.0048% | 1h | — | $202.3M | 500x | as long as short |
| dYdX SOL-USD | −0.028% | −0.0007% | 1h | $4.4M | $23.0M | 20x | as long as short |
| Bitget SOLUSDT | −0.027% | +0.0071% | 8h | $493.8M | $436.5M | 100x | as long as short |
| Extended SOL-USD | −0.026% | +0.0104% | 1h | $8.7M | $36.1M | 50x | as long as short |
| KuCoin SOLUSDTM | −0.026% | +0.0056% | 8h | $139.9M | $168.2M | 75x | as long as short |
| BingX SOL-USDC | −0.025% | +0.0003% | 8h | — | $10.3M | — | as long as short |
| Gate SOL_USDT | −0.017% | +0.0002% | 8h | $852.4M | $642.4M | 100x | as long as short |
| SoDEX SOL-USD | −0.017% | +0.0077% | 1h | $6.1M | $11.0M | 20x | as long as short |
| Lighter RH SOL | −0.013% | +0.0096% | 1h | $2.0M | $16.7M | 25x | as long as short |
| Lighter SOL | −0.011% | +0.0096% | 1h | $13.4M | $48.0M | 25x | as long as short |
| Aster SOLUSDT | −0.009% | +0.0083% | 8h | $175.9M | $172.2M | 100x | as long as short |
| MEXC SOL_USDT | −0.009% | +0.0086% | 8h | $435.5M | $1.08B | 300x | as long as short |
| gTrade (Gains Network) SOL/USD | −0.009% | L −0.0001% / S +0.0004% | 1h | $57K | — | 150x | as long as short |
| Aevo SOL-PERP | −0.008% | +0.0080% | 1h | $347K | $749K | 20x | as long as short |
| Binance SOLUSDTlong | 0.000% | +0.0086% | 8h | $951.6M | $3.59B | 100x | |
| Bluefin SOL-PERP | 0.000% | +0.0764% | 1h | $38K | $13K | 25x | as long as short |
| Bybit SOLUSDT | +0.009% | +0.0100% | 8h | $813.4M | $1.22B | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.017% | +0.0059% | 8h | $1.2M | $5.1M | 100x | as long as short |
| Kraken Futures PF_SOLUSD | +0.019% | −0.0173% | 1h | $33.6M | $83.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.026% | +0.0100% | 1h | $24.5M | $36.9M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.037% | +0.0075% | 1h | $24K | $43K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.046% | +0.0072% | 1h | $7.5M | $381.0M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.052% | +0.0051% | 1h | $26.3M | $27.1M | 50x | as long as short |
| Hyperliquid SOL | +0.062% | +0.0100% | 1h | $700.8M | $429.1M | 20x | as long as short |
| Bulk SOL-USD | +0.125% | +0.0100% | 1h | $123.3M | $18.0M | 20x | as long as short |
| Phoenix SOLshort | +0.145% | +0.0143% | 1h | $7.2M | $11.1M | 25x | |
| Injective SOL/USDC PERP | +0.315% | +0.0123% | 1h | $4K | $64K | 12x | as long as short |