Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.002%

Price spread now: Aevo against MEXC−0.021%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on MEXC Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.021%, 7d avg −0.017%

Together, before fees−0.055%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	117.53	0.0100	pay 0.0100% / 8h	6h 02m	$423.8M	$1.11B	300x
Short	Aevo SOL-PERP	117.51	0.0096	get 0.0012% / 1h	2m 15s	$344K	$256K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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 MEXCbpFee AevobpOrdersPrice spread, now −0.021%Rate

Funding earned: −$0.84
Price spread: −0.021% → −0.017%: −$0.4
Slippage, 4 orders: −$17.69
Fee MEXC: 1 bp × 2 orders: −$2
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$36.93
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Aevo: 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 MEXC live order book, 2 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.7 bp −$274	4.1 bp −$2,043
Sell Aevo live order book, 2 min ago	1.79 bp	16.7 bp −$17	30.3 bp −$303	doesn't fit	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	117.56	+0.022%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0059%	1h	117.45	−0.070%	—	$607K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.53	+0.003%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.47	−0.052%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.62	+0.077%	$1.4M	$20.3M	3.1x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.53	0.000%	$1.9M	$4.9M	20x	as long as short
Derive SOL-PERP	+0.0021%	1h	117.44	−0.078%	$2.0M	$2.8M	13x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0034%	1h	117.53	+0.004%	$26.4M	$25.4M	50x	as long as short
HTX SOL-USDT	+0.0036%	8h	117.47	−0.051%	$228.2M	$45.4M	75x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.50	−0.024%	$31.5M	$98.5M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0056%	1h	117.56	+0.025%	$100K	$690K	20x	as long as short
Gate SOL_USDT	+0.0071%	8h	117.53	0.000%	$848.4M	$668.2M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.52	−0.009%	$7.9M	$404.8M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.49	−0.037%	—	$10.6M	—	as long as short
ApeX Omni SOLUSDT	+0.0083%	1h	117.49	−0.032%	$1.5M	$6.0M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.52	−0.010%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.46	−0.057%	$13.0M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.45	−0.071%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.51	−0.017%	$100K	$161K	20x	as long as short
Aevo SOL-PERPshort	+0.0096%	1h	117.51	−0.021%	$344K	$256K	20x
Paradex SOL-USD-PERP	+0.0100%	8h	117.49	−0.034%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.47	−0.051%	$67K	$840K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.44	−0.072%	$5.8M	$40.2M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.51	−0.015%	$176.4M	$177.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.48	−0.042%	$14.5M	$128.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.52	−0.008%	$968.8M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.53	+0.003%	$820.5M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.51	−0.017%	$366.2M	$1.64B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.42	−0.094%	$238K	$852K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.48	−0.042%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	117.53	long leg	$423.8M	$1.11B	300x
KuCoin SOLUSDTM	+0.0100%	8h	117.50	−0.028%	$130.4M	$211.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.49	−0.034%	$487.0M	$436.0M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.46	−0.060%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.52	−0.005%	$24.3M	$120.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.48	−0.039%	$94.4M	$404.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.43	−0.083%	$48.1M	$28.7M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.57	+0.034%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.49	−0.034%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.52	−0.006%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.51	−0.020%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.54	+0.010%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.51	−0.017%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.52	−0.009%	$45.7M	$100.7M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	−0.063%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.52	−0.009%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.47	−0.050%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.53	−0.003%	—	$222.0M	500x	as long as short
Hyperliquid SOL	+0.0121%	1h	117.62	+0.077%	$717.4M	$395.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.49	−0.032%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.45	−0.068%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0174%	1h	117.52	−0.006%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0358%	1h	117.56	+0.030%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.50	−0.027%	$128K	$3.8M	8.3x	as long as short