Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Bybit against BingX−0.035%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 days+0.039%+$4 · spread now −0.035%, 7d avg +0.003%
Together, before fees+0.002%$0 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: Bybit is 0.038% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDT116.580.0100pay 0.0100% / 8h4h 50m$365.2M
ShortBybit SOLUSDT116.540.0100get 0.0100% / 8h4h 50m$792.6M$1.33B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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

Funding earned
$0
Price spread: −0.035% → +0.003%
−$3.8
Slippage, 4 orders
−$2.4
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$27.2
Costs to cover
0.234%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago0.77 bp5.8 bp −$65.8 bp −$587.4 bp −$74311.3 bp −$5,630
Sell Bybit live order book, 4 min ago0.43 bp5.9 bp −$67.6 bp −$7615.9 bp −$1,59332.8 bp −$16.4K

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SOL-PERP−0.0081%1h116.56−0.018%$602K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.73+0.128%$913$8K25xas long as short
Hibachi SOL/USDT-P−0.0024%1h116.63+0.046%$103K$700K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.60+0.015%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.56−0.018%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.64+0.047%$1.4M$18.7M3.1xas long as short
Derive SOL-PERP+0.0012%1h116.56−0.020%$1.9M$2.8M13xas long as short
ApeX Omni SOLUSDT+0.0017%1h116.69+0.093%$1.7M$6.0M50xas long as short
01 Exchange SOLUSD+0.0040%1h116.61+0.025%$99K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.66+0.067%$7.6M$404.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.65+0.057%$30.8M$100.1M100xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.59+0.007%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.57−0.009%$13.0M$59.6M25xas long as short
Lighter RH SOL+0.0096%1h116.55−0.025%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.63+0.046%$342K$236K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.64+0.051%$998K$528K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.55−0.027%$48K$858K20xas long as short
Nado SOL-PERP+0.0100%1h116.55−0.029%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.67+0.076%$706.8M$395.1M20xas long as short
Aster SOLUSDT+0.0100%8h116.59+0.008%$175.2M$181.9M100xas long as short
Pacifica SOL+0.0100%1h116.62+0.033%$15.5M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.60+0.015%$963.6M$3.77B100xas long as short
Bybit SOLUSDTshort+0.0100%8h116.54−0.035%$792.6M$1.33B100x
OKX SOL-USDT-SWAP+0.0100%8h116.56−0.018%$364.1M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.61+0.025%$232K$848K10xas long as short
Arcus SOL-USD+0.0100%1h116.60+0.015%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.066%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.58−0.001%$847.4M$653.0M100xas long as short
MEXC SOL_USDT+0.0100%8h116.61+0.025%$415.2M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.55−0.027%$126.2M$216.7M75xas long as short
Bitget SOLUSDT+0.0100%8h116.57−0.013%$481.5M$439.3M100xas long as short
BingX SOL-USDTlong+0.0100%8h116.58long leg$365.2M
Backpack SOL_USDC_PERP+0.0100%1h116.65+0.059%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.54−0.031%$24.4M$114.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65+0.059%$93.7M$396.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.72+0.116%$47.7M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h116.62+0.033%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.58−0.001%$331K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.59+0.011%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.56−0.018%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.62+0.035%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.64+0.051%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.58+0.002%$226.3M$46.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.65+0.059%$45.6M$101.2M50xas long as short
Extended SOL-USD+0.0104%1h116.53−0.040%$8.0M$36.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0120%1h116.69+0.092%$26.3M$25.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.61+0.021%$221.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.840%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.76+0.154%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.56−0.021%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h116.67+0.076%$51.9M$71.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.61+0.022%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.61+0.022%$141K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0480%1h116.72+0.119%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.67+0.080%$1.9M$4.9M20xas long as short