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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against BingX+0.084%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 7 days−0.078%−$8 · spread now +0.084%, 7d avg −0.002%
Together, before fees−0.128%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.086% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDT117.330.0080pay 0.0080% / 8h5h 41m$362.8M
ShortGate SOL_USDT117.430.0100get 0.0100% / 8h5h 41m$857.7M$647.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$4.2
Price spread: +0.084% → −0.002%
$8.61
Slippage, 4 orders
−$3.77
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$15.96
Costs to cover
0.288%
Break-even
33.6 days
Slippage from BingX: live order book, 12 min ago; Gate: live order book, 2 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, 12 min ago0.81 bp5.8 bp −$65.8 bp −$587.3 bp −$73410.8 bp −$5,398
Sell Gate live order book, 2 min ago0.43 bp9.1 bp −$912.4 bp −$12418.7 bp −$1,87027.9 bp −$14.0K

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
Hotstuff SOL-PERP−0.0080%1h117.36+0.029%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.44+0.094%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.51+0.152%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.42+0.077%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.50+0.144%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.32−0.010%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.56+0.195%$1.4M$19.5M3.1xas long as short
HTX SOL-USDT+0.0055%8h117.49+0.139%$228.2M$45.6M75xas long as short
01 Exchange SOLUSD+0.0056%1h117.54+0.178%$100K$163K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0057%1h117.55+0.183%$26.4M$25.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.55+0.185%$8.0M$403.4M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.34+0.004%$100K$691K20xas long as short
BingX SOL-USDTlong+0.0080%8h117.33long leg$362.8M
Orderly PERP_SOL_USDC+0.0088%8h117.51+0.151%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.29−0.038%$13.0M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.28−0.048%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.50+0.148%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.49+0.136%$67K$835K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.51+0.151%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.49+0.140%$5.7M$39.5M40xas long as short
Aster SOLUSDT+0.0100%8h117.36+0.023%$176.1M$176.9M100xas long as short
Pacifica SOL+0.0100%1h117.32−0.008%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.30−0.026%$965.4M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.31−0.019%$819.0M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.29−0.035%$365.2M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.38+0.042%$237K$849K10xas long as short
Arcus SOL-USD+0.0100%1h117.52+0.161%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.101%$134.7M$15.8M20xas long as short
Gate SOL_USDTshort+0.0100%8h117.43+0.084%$857.7M$647.0M100x
MEXC SOL_USDT+0.0100%8h117.33−0.001%$423.5M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.35+0.015%$129.9M$212.4M75xas long as short
Bitget SOLUSDT+0.0100%8h117.29−0.038%$485.7M$433.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.49+0.136%$23.7M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.36+0.029%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.39+0.049%$94.3M$401.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.27−0.056%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.48+0.127%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.38+0.042%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.50+0.144%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.51+0.155%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.48+0.131%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.53+0.168%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.51+0.153%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.50+0.144%$45.7M$100.2M50xas long as short
Extended SOL-USD+0.0104%1h117.32−0.012%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.44+0.095%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.195%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.60+0.233%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0160%1h117.41+0.067%$717.2M$393.4M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.49+0.137%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38+0.042%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.48+0.127%$51.9M$71.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.50+0.141%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0382%1h117.47+0.120%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.53+0.171%$128K$3.8M8.3xas long as short