SOL

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.093%

7d average−0.030%if it closes, per $10,000$9funding while held, a day−$5.55

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SOL-USDT	117.28	0.0003	pay 0.0003% / 8h	6h 40m	—	$364.2M	—
Short	Derive SOL-PERP	117.17	−0.0182	pay 0.0023% / 1h	40m 44s	$1.9M	$3.1M	13x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BingXbpFee DerivebpOrdersClose when spread is

Spread captured: −$9.26
Funding while held: −$5.55
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$30.82
Spread needed to break even: 0.160%

Slippage unknown: BingX: live order book, 5 min ago; Derive: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0185%
Per $10,000 a day: −$5.55
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 BingX live order book, 5 min ago	0.81 bp	5.8 bp −$6	5.8 bp −$58	6.8 bp −$679	9.9 bp −$4,960
Sell Derive no order-book sample	—	—	—	—	—

Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL price on every exchange

against the cheapest. Click to use as the short leg.

HTX117.16cheapest

Derive117.17+0.010%

Ondo Perps117.17+0.010%Nado117.18+0.019%SunX117.19+0.031%BloFin117.20+0.036%Aevo117.20+0.037%Vest117.20+0.038%Bullet117.21+0.041%SoDEX117.21+0.045%Phemex117.21+0.045%Variational Omni117.22+0.054%Reya117.22+0.056%Jupiter Perps117.23+0.058%Backpack117.24+0.070%Kalshi117.24+0.070%Hotstuff117.25+0.075%GMX117.25+0.075%Kraken Futures117.25+0.079%Lighter RH117.25+0.080%gTrade (Gains Network)117.25+0.080%Binance117.25+0.081%Lighter117.25+0.083%Bluefin117.25+0.083%Bitget117.26+0.086%Polymarket Perps117.26+0.087%KuCoin117.26+0.091%Orderly117.26+0.091%Gate117.27+0.096%Paradex117.27+0.097%Coinbase International117.27+0.099%

BingX117.28+0.103%

Perpl117.28+0.103%Aster117.28+0.104%dYdX117.28+0.104%Katana Perps117.28+0.104%01 Exchange117.28+0.104%MEXC117.28+0.104%Extended117.28+0.108%Deribit117.29+0.109%OKX117.29+0.113%Pacifica117.30+0.121%RISEx117.31+0.130%Bybit117.31+0.130%StandX117.31+0.130%Arcus117.32+0.135%Hyperliquid117.37+0.181%ApeX Omni117.41+0.214%edgeX117.51+0.298%Aftermath Perps117.52+0.309%Bulk117.55+0.332%Phoenix117.57+0.352%Hibachi117.59+0.366%Injective117.77+0.523%

SOL on 54 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
HTX SOL-USDT	−0.103%	+0.0062%	8h	$228.5M	$41.3M	75x	as long as short
Derive SOL-PERPshort	−0.093%	−0.0182%	1h	$1.9M	$3.1M	13x
Ondo Perps SOL-USD.P	−0.092%	+0.0100%	1h	$228K	$876K	10x	as long as short
Nado SOL-PERP	−0.084%	+0.0100%	1h	$5.4M	$38.5M	40x	as long as short
SunX SOL-USDT	−0.072%	+0.0100%	8h	$190K	$1.9M	30x	as long as short
BloFin SOL-USDT	−0.067%	+0.0207%	8h	$51.9M	$92.4M	125x	as long as short
Aevo SOL-PERP	−0.065%	+0.0080%	1h	$346K	$749K	20x	as long as short
Vest SOL-PERP	−0.065%	−0.0118%	1h	—	$728K	20x	as long as short
Bullet SOL-USD	−0.061%	+0.0100%	1h	$201K	$1.7M	20x	as long as short
SoDEX SOL-USD	−0.058%	+0.0067%	1h	$6.1M	$11.0M	20x	as long as short

Show all 54 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex SOLUSDT	−0.058%	+0.0068%	8h	$45.5M	$95.4M	50x	as long as short
Variational Omni SOL	−0.048%	+0.0100%	8h	$28.4M	$116.5M	—	as long as short
Reya SOLRUSDPERP	−0.046%	+0.0196%	1h	$1.1M	$553K	25x	as long as short
Jupiter Perps SOL-PERP	−0.045%	L +0.0112% / S +0.0048%	1h	—	$202.2M	500x	as long as short
Backpack SOL_USDC_PERP	−0.032%	+0.0100%	1h	$24.5M	$36.9M	50x	as long as short
Kalshi KXSOLPERP	−0.032%	0.0000%	8h	$1.3M	$20.9M	3.1x	as long as short
Hotstuff SOL-PERP	−0.028%	−0.0080%	1h	$831	$8K	25x	as long as short
GMX SOL/USD [SOL-USDC]	−0.027%	L +0.0181% / S −0.0061%	1h	$3.9M	—	200x	as long as short
Kraken Futures PF_SOLUSD	−0.024%	−0.0173%	1h	$33.5M	$83.2M	100x	as long as short
Lighter RH SOL	−0.023%	+0.0096%	1h	$2.0M	$16.7M	25x	as long as short
gTrade (Gains Network) SOL/USD	−0.023%	L −0.0001% / S +0.0004%	1h	$57K	—	150x	as long as short
Binance SOLUSDT	−0.021%	+0.0086%	8h	$950.4M	$3.59B	100x	as long as short
Lighter SOL	−0.020%	+0.0096%	1h	$13.4M	$48.0M	25x	as long as short
Bluefin SOL-PERP	−0.020%	+0.0918%	1h	$38K	$13K	25x	as long as short
Bitget SOLUSDT	−0.016%	+0.0072%	8h	$493.4M	$436.5M	100x	as long as short
Polymarket Perps SOL-USD	−0.015%	+0.0100%	1h	$378K	$2.1M	20x	as long as short
KuCoin SOLUSDTM	−0.012%	+0.0057%	8h	$139.8M	$168.2M	75x	as long as short
Orderly PERP_SOL_USDC	−0.012%	+0.0059%	8h	$1.1M	$5.1M	100x	as long as short
Gate SOL_USDT	−0.007%	+0.0004%	8h	$850.8M	$641.7M	100x	as long as short
Paradex SOL-USD-PERP	−0.005%	+0.0077%	8h	$1.0M	$436K	50x	as long as short
Coinbase International SOL-PERP-INTX	−0.003%	+0.0072%	1h	$7.5M	$380.2M	50x	as long as short
BingX SOL-USDTlong	0.000%	+0.0003%	8h	—	$364.2M	—
Perpl SOL	0.000%	0.0000%	43m	$179K	$3.9M	8.3x	as long as short
Aster SOLUSDT	+0.002%	+0.0083%	8h	$175.7M	$172.2M	100x	as long as short
dYdX SOL-USD	+0.002%	−0.0007%	1h	$4.4M	$23.0M	20x	as long as short
Katana Perps SOL-USD	+0.002%	+0.0100%	8h	$42K	$708K	20x	as long as short
01 Exchange SOLUSD	+0.002%	0.0000%	1h	$115K	$124K	20x	as long as short
MEXC SOL_USDT	+0.002%	+0.0086%	8h	$433.5M	$1.08B	300x	as long as short
Extended SOL-USD	+0.006%	+0.0104%	1h	$8.7M	$36.1M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.006%	0.0000%	1h	$26.3M	$27.1M	50x	as long as short
OKX SOL-USDT-SWAP	+0.010%	+0.0003%	8h	$370.2M	$1.64B	100x	as long as short
Pacifica SOL	+0.018%	+0.0100%	1h	$13.1M	$97.9M	20x	as long as short
RISEx SOL/USDC	+0.027%	+0.0151%	1h	$1.5M	$7.1M	20x	as long as short
Bybit SOLUSDT	+0.027%	+0.0100%	8h	$813.8M	$1.21B	100x	as long as short
StandX SOL-USD	+0.027%	+0.0100%	1h	$1.3M	$11.4M	30x	as long as short
Arcus SOL-USD	+0.032%	+0.0100%	1h	$1.7M	$8.4M	20x	as long as short
Hyperliquid SOL	+0.078%	+0.0100%	1h	$700.4M	$430.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.112%	+0.0007%	1h	$1.6M	$6.2M	50x	as long as short
edgeX SOLUSDC	+0.195%	+0.0100%	4h	$94.4M	$391.7M	75x	as long as short
Aftermath Perps SOLUSD	+0.207%	+0.0082%	1h	$25K	$42K	20x	as long as short
Bulk SOL-USD	+0.229%	+0.0100%	1h	$123.3M	$18.0M	20x	as long as short
Phoenix SOL	+0.249%	+0.0143%	1h	$7.2M	$11.1M	25x	as long as short
Hibachi SOL/USDT-P	+0.263%	+0.0112%	1h	$112K	$507K	20x	as long as short
Injective SOL/USDC PERP	+0.420%	+0.0123%	1h	$4K	$64K	12x	as long as short