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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.008%
Price spread now: SunX against BingX−0.070%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$370.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 3 days (all we have)−0.101%−$10 · spread now −0.070%, 7d avg −0.017%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.053% cheaper against BingX than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.017%). If the spread goes back, that is −$5 on $10k: about 8.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDT119.820.0080pay 0.0080% / 8h2h 20m$372.1M
ShortSunX SOL-USDT119.740.0100get 0.0100% / 8h2h 20m$195K$1.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.070% → −0.017%
−$5.3
Slippage, 4 orders
−$19.15
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$38.24
Costs to cover
0.371%
Break-even
70.7 days
Slippage from BingX: live order book, 3 min ago; SunX: live order book, 5 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, 3 min ago0.79 bp5.8 bp −$65.8 bp −$586.5 bp −$6538.7 bp −$4,344
Sell SunX live order book, 5 min ago1.46 bp18.3 bp −$1825.8 bp −$258doesn't fitdoesn't fit

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
Injective SOL/USDC PERP−0.0151%1h119.15−0.558%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.59−0.194%$848$8K25xas long as short
Vest SOL-PERP−0.0075%1h119.70−0.097%$724K20xas long as short
Derive SOL-PERP−0.0047%1h119.69−0.107%$2.0M$3.2M13xas long as short
dYdX SOL-USD−0.0001%1h119.82+0.001%$4.9M$26.9M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.77−0.044%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.72−0.086%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.77−0.043%$180K$4.0M8.3xas long as short
Aftermath Perps SOLUSD+0.0017%1h119.49−0.276%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0044%1h119.85+0.027%$26.9M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0055%8h119.71−0.089%$233.0M$44.6M75xas long as short
Hibachi SOL/USDT-P+0.0056%1h119.59−0.190%$120K$605K20xas long as short
Orderly PERP_SOL_USDC+0.0061%8h119.78−0.036%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h119.80−0.016%$105K$152K20xas long as short
BingX SOL-USDTlong+0.0080%8h119.82long leg$372.1M
Gate SOL_USDT+0.0089%8h119.80−0.016%$875.3M$686.2M100xas long as short
Lighter SOL+0.0096%1h119.77−0.038%$13.7M$54.6M25xas long as short
Lighter RH SOL+0.0096%1h119.77−0.040%$2.1M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.78−0.036%$356K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.74−0.067%$1.1M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.75−0.058%$48K$787K20xas long as short
Nado SOL-PERP+0.0100%1h119.78−0.037%$6.5M$41.8M40xas long as short
Hyperliquid SOL+0.0100%1h119.92+0.084%$724.2M$411.4M20xas long as short
Aster SOLUSDT+0.0100%8h119.82+0.003%$180.5M$175.5M100xas long as short
Pacifica SOL+0.0100%1h119.80−0.017%$12.4M$114.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.81−0.006%$978.8M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h119.86+0.034%$832.3M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.81−0.008%$373.0M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.68−0.116%$235K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.81−0.007%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.66−0.135%$134.1M$11.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.80−0.016%$436.3M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.83+0.006%$141.7M$197.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.86+0.033%$501.0M$452.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.84+0.018%$24.5M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.50−0.266%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.60−0.182%$96.1M$399.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.58−0.200%$49.0M$33.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.59−0.190%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.65−0.141%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.80−0.016%$372K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.73−0.070%$203K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.77−0.041%$38K$16K25xas long as short
SunX SOL-USDTshort+0.0100%8h119.74−0.070%$195K$1.9M30x
SoDEX SOL-USD+0.0100%1h119.80−0.016%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.78−0.033%$46.8M$101.0M50xas long as short
Extended SOL-USD+0.0104%1h119.78−0.030%$8.8M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.85+0.028%$8.2M$418.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.76−0.049%$219.6M500xas long as short
Phoenix SOL+0.0154%1h119.75−0.058%$6.6M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.80−0.017%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0179%1h119.71−0.090%$1.1M$562K25xas long as short
BloFin SOL-USDT+0.0220%8h119.77−0.041%$51.6M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0222%1h119.84+0.015%$35.9M$90.7M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0171%1h119.77−0.045%$3.6M200xas long as short