Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%

Price spread now: ApeX Omni against edgeX−0.039%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$270.275% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.305%−$31 on $10k

Price spread, last 7 days+0.087%+$9 · spread now −0.039%, 7d avg +0.019%

Together, before fees−0.218%+ Points / potential airdropedgeX: Active · farm board−$22 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: ApeX Omni is 0.058% cheaper against edgeX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOLUSDC	117.80	0.0100	pay 0.0050% / 4h	3h 00m	$94.6M	$409.3M	75x
Short	ApeX Omni SOLUSDT	117.75	0.0100	get 0.0013% / 1h	0m 30s	$1.1M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee ApeX OmnibpOrdersPrice spread, now −0.039%Rate

Funding earned: $0
Price spread: −0.039% → +0.019%: −$5.79
Slippage, 4 orders: −$8.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$33.28
Costs to cover: 0.275%
Break-even: never at this rate

Slippage from edgeX: live order book, 4 min ago; ApeX Omni: live order book, 4 min ago.

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 edgeX live order book, 4 min ago	2.12 bp	6.6 bp −$7	6.6 bp −$66	6.7 bp −$671	10.0 bp −$4,990
Sell ApeX Omni live order book, 4 min ago	2.12 bp	7.1 bp −$7	10.5 bp −$105	76.1 bp −$7,611	doesn't fit

SOL on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SOL-PERP	−0.0080%	1h	117.53	−0.227%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	117.53	−0.222%	$32.5M	$99.0M	100x	as long as short
Bybit SOLUSDT	−0.0051%	8h	117.52	−0.234%	$736.6M	$1.31B	100x	as long as short
Phemex SOLUSDT	−0.0015%	8h	117.54	−0.217%	$45.7M	$101.5M	50x	as long as short
Vest SOL-PERP	−0.0008%	1h	117.52	−0.231%	—	$288K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.56	−0.203%	$40K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.57	−0.192%	$1.3M	$17.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.57	−0.188%	$100K	$2.9M	8.3x	as long as short
Bitget SOLUSDT	+0.0025%	8h	117.52	−0.233%	$484.3M	$427.7M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	117.55	−0.213%	$8.2M	$386.3M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOLUSDT	+0.0051%	8h	117.52	−0.234%	$178.7M	$164.3M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0063%	8h	117.53	−0.221%	$999K	$5.5M	100x	as long as short
dYdX SOL-USD	+0.0072%	1h	117.52	−0.236%	$8.2M	$20.7M	20x	as long as short
SoDEX SOL-USD	+0.0080%	1h	117.51	−0.243%	$6.2M	$11.1M	20x	as long as short
Hibachi SOL/USDT-P	+0.0080%	1h	117.57	−0.192%	$98K	$653K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0095%	1h	117.59	−0.179%	$26.4M	$20.1M	50x	as long as short
Lighter SOL	+0.0096%	1h	117.52	−0.236%	$13.1M	$57.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.50	−0.253%	$2.2M	$15.0M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.58	−0.183%	$102K	$182K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.51	−0.246%	$358K	$236K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	117.49	−0.260%	$1.0M	$555K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.54	−0.217%	$44K	$838K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.45	−0.292%	$5.5M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.65	−0.124%	$715.2M	$386.6M	20x	as long as short
Pacifica SOL	+0.0100%	1h	117.56	−0.204%	$15.9M	$122.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.54	−0.217%	$973.0M	$3.62B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.52	−0.234%	$365.3M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.49	−0.260%	$221K	$809K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.55	−0.209%	$938K	$8.2M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.55	−0.209%	$856.7M	$635.1M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.53	−0.226%	$423.3M	$1.09B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.54	−0.215%	$134.2M	$232.2M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	117.53	−0.222%	—	$351.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.47	−0.276%	$23.2M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.40	−0.333%	$25.3M	$101.8M	—	as long as short
edgeX SOLUSDClong	+0.0100%	4h	117.80	long leg	$94.6M	$409.3M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	117.73	−0.057%	$48.2M	$26.5M	20x	as long as short
ApeX Omni SOLUSDTshort	+0.0100%	1h	117.75	−0.039%	$1.1M	$6.7M	50x
StandX SOL-USD	+0.0100%	1h	117.59	−0.175%	$1.3M	$10.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.52	−0.234%	$323K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.56	−0.201%	$285K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.54	−0.215%	$27K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.54	−0.219%	$191K	$1.6M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.52	−0.237%	$227.5M	$46.7M	75x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.65	−0.127%	$127.3M	$25.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	117.45	−0.291%	$8.4M	$34.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	117.54	−0.215%	—	$214.7M	500x	as long as short
Phoenix SOL	+0.0124%	1h	117.64	−0.132%	$6.5M	$13.4M	25x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−1.236%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0198%	1h	117.48	−0.269%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.46	−0.285%	$51.9M	$59.8M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0170%	1h	117.55	−0.212%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0409%	1h	117.60	−0.162%	$25K	$53K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	117.58	−0.184%	$2.2M	$4.8M	20x	as long as short