Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: MEXC against Extended−0.039%7-day average +0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$90.087% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days+0.065%+$7 · spread now −0.039%, 7d avg +0.053%

Together, before fees−0.001%+ Points / potential airdropExtended: Active · farm board$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: MEXC is 0.093% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SOL-USD	116.66	0.0104	pay 0.0013% / 1h	22m 03s	$8.3M	$37.2M	50x
Short	MEXC SOL_USDT	116.61	0.0100	get 0.0100% / 8h	4h 22m	$387.7M	$1.08B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$0.84
Price spread: −0.039% → +0.053%: −$9.28
Slippage, 4 orders: −$1.71
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$18.83
Costs to cover: 0.087%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; MEXC: live order book, 2 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 Extended live order book, 2 min ago	0.43 bp	2.9 bp −$3	2.9 bp −$29	5.5 bp −$546	doesn't fit
Sell MEXC live order book, 2 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.8 bp −$285	4.7 bp −$2,345

SOL on 55 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
Hibachi SOL/USDT-P	−0.0128%	1h	116.68	+0.021%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.67	+0.011%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.68	+0.019%	$912	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.69	+0.029%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.74	+0.070%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.70	+0.038%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0031%	1h	116.65	−0.007%	$1.9M	$2.9M	13x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.79	+0.115%	$99K	$172K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.69	+0.033%	$7.4M	$404.8M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.68	+0.023%	$31.1M	$100.2M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0091%	8h	116.72	+0.053%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.69	+0.026%	$13.1M	$60.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.67	+0.013%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.70	+0.042%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.70	+0.038%	$51K	$868K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.77	+0.096%	$1.0M	$549K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.68	+0.019%	$5.3M	$39.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.70	+0.038%	$704.4M	$395.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.68	+0.018%	$174.8M	$182.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.73	+0.065%	$15.7M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.65	−0.005%	$969.7M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.57	−0.073%	$782.3M	$1.35B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.66	+0.003%	$369.2M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.71	+0.046%	$231K	$847K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.77	+0.095%	$929K	$9.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.66	+0.003%	$842.2M	$662.5M	100x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	116.61	−0.039%	$387.7M	$1.08B	300x
KuCoin SOLUSDTM	+0.0100%	8h	116.60	−0.046%	$127.8M	$219.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.59	−0.058%	$479.0M	$441.5M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.60	−0.047%	—	$365.3M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.61	−0.039%	$23.3M	$38.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.61	−0.036%	$24.3M	$113.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.72	+0.056%	$93.7M	$398.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.73	+0.060%	$47.7M	$30.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.81	+0.132%	$1.3M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.69	+0.029%	$1.3M	$12.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.74	+0.072%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.67	+0.016%	$147K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.69	+0.033%	$25K	$30K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.73	+0.066%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.69	+0.029%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.61	−0.037%	$226.4M	$47.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.66	+0.003%	$45.6M	$102.1M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.70	+0.038%	$133.2M	$21.0M	20x	as long as short
Extended SOL-USDlong	+0.0104%	1h	116.66	long leg	$8.3M	$37.2M	50x
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.75	+0.077%	—	$231.0M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0127%	1h	116.74	+0.072%	$26.4M	$25.4M	50x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.73	+0.063%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.83	+0.149%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.69	+0.032%	$1.1M	$540K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.69	+0.029%	$51.8M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0181%	1h	116.69	+0.027%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.73	+0.065%	$139K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0526%	1h	116.76	+0.092%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.82	+0.141%	$1.9M	$4.9M	20x	as long as short