Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%

Price spread now: Extended against Gate−0.007%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$240.238% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 7 days−0.027%−$3 · spread now −0.007%, 7d avg −0.048%

Together, before fees+0.079%+ Points / potential airdropExtended: Active · farm board+$8 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: Extended is 0.041% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOL_USDT	117.32	0.0100	pay 0.0100% / 8h	5h 40m	$857.1M	$647.3M	100x
Short	Extended SOL-USD	117.31	0.0104	get 0.0013% / 1h	40m 14s	$8.2M	$36.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now −0.007%Rate

Funding earned: $0.84
Price spread: −0.007% → −0.048%: $4.11
Slippage, 4 orders: −$3.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$18.89
Costs to cover: 0.238%
Break-even: 164.4 days

Slippage from Gate: live order book, 4 min ago; Extended: 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 Gate live order book, 4 min ago	0.43 bp	8.1 bp −$8	9.6 bp −$96	13.7 bp −$1,374	24.9 bp −$12.5K
Sell Extended live order book, 4 min ago	0.43 bp	3.8 bp −$4	4.6 bp −$46	7.9 bp −$788	doesn't fit

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
Hotstuff SOL-PERP	−0.0080%	1h	117.39	+0.057%	$918	$8K	25x	as long as short
Vest SOL-PERP	−0.0059%	1h	117.30	−0.019%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.33	+0.007%	$31.6M	$98.4M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.27	−0.045%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.34	+0.014%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.38	+0.051%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.41	+0.078%	$1.4M	$19.4M	3.1x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0048%	1h	117.39	+0.056%	$26.4M	$25.2M	50x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	117.40	+0.068%	$100K	$163K	20x	as long as short
HTX SOL-USDT	+0.0061%	8h	117.29	−0.025%	$227.8M	$45.5M	75x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.34	+0.021%	$8.0M	$402.8M	50x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.52	+0.173%	$100K	$691K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.34	+0.018%	—	$363.0M	—	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	117.35	+0.029%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.33	+0.008%	$13.0M	$59.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.32	+0.001%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.33	+0.005%	$344K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.33	+0.009%	$65K	$839K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.39	+0.064%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.38	+0.048%	$5.8M	$39.5M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.33	+0.009%	$176.1M	$178.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.38	+0.048%	$14.5M	$127.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.32	+0.004%	$965.6M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.35	+0.026%	$819.2M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.32	0.000%	$365.3M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.38	+0.051%	$238K	$848K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.37	+0.039%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.45	+0.111%	$134.7M	$15.8M	20x	as long as short
Gate SOL_USDTlong	+0.0100%	8h	117.32	long leg	$857.1M	$647.3M	100x
MEXC SOL_USDT	+0.0100%	8h	117.32	0.000%	$423.3M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.35	+0.024%	$129.9M	$212.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.33	+0.011%	$486.4M	$433.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.34	+0.017%	$23.6M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.24	−0.066%	$24.3M	$117.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.40	+0.068%	$94.3M	$398.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.46	+0.120%	$48.1M	$28.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.39	+0.056%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.52	+0.170%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.34	+0.017%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.33	+0.007%	$200K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.31	−0.004%	$25K	$27K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.36	+0.034%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.33	+0.009%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.32	0.000%	$45.7M	$100.2M	50x	as long as short
Extended SOL-USDshort	+0.0104%	1h	117.31	−0.007%	$8.2M	$36.0M	50x
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.31	−0.011%	—	$220.9M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.38	+0.051%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.44	+0.103%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0164%	1h	117.45	+0.111%	$717.4M	$393.5M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.32	−0.004%	$1.1M	$526K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.38	+0.051%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.24	−0.068%	$51.8M	$70.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.33	+0.010%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0383%	1h	117.40	+0.068%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.39	+0.060%	$127K	$3.8M	8.3x	as long as short