Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.010%

Price spread now: Polymarket Perps against MEXC0.000%7-day average 0.000% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$130.132% of the position

Long on MEXC Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days−0.039%−$4 · spread now 0.000%, 7d avg 0.000%

Together, before fees−0.059%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	118.04	0.0027	pay 0.0027% / 8h	3h 10m	$402.4M	$828.9M	300x
Short	Polymarket Perps SOL-USD	118.04	0.0100	get 0.0013% / 1h	10m 11s	$339K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now 0.000%Rate

Funding earned: $15.33
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: −$3.15
Fee MEXC: 1 bp × 2 orders: −$2
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $2.18
Costs to cover: 0.132%
Break-even: 6.0 days

Slippage from MEXC: live order book, 2 min ago; Polymarket Perps: 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	0.42 bp	1.4 bp −$1	1.4 bp −$14	2.7 bp −$275	3.8 bp −$1,923
Sell Polymarket Perps live order book, 2 min ago	0.42 bp	5.2 bp −$5	6.3 bp −$63	doesn't fit	doesn't fit

SOL on 55 exchanges

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
Bluefin SOL-PERP	−0.0256%	1h	118.05	+0.006%	$19K	$40K	25x	as long as short
ApeX Omni SOLUSDT	−0.0214%	1h	118.01	−0.025%	$1.7M	$5.0M	50x	as long as short
Extended SOL-USD	−0.0144%	1h	118.03	−0.009%	$8.0M	$19.3M	50x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.04	+0.003%	$1K	$593	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0079%	1h	118.10	+0.050%	$33.3M	$84.2M	100x	as long as short
Derive SOL-PERP	−0.0051%	1h	118.00	−0.033%	$1.8M	$1.6M	13x	as long as short
Bybit SOLUSDT	−0.0029%	8h	118.04	0.000%	$705.0M	$1.07B	100x	as long as short
Gate SOL_USDT	−0.0029%	8h	118.02	−0.017%	$823.3M	$519.5M	100x	as long as short
Bitget SOLUSDT	−0.0018%	8h	118.04	+0.002%	$479.5M	$278.1M	100x	as long as short
Vest SOL-PERP	−0.0008%	1h	118.02	−0.014%	—	$189K	20x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	−0.0008%	1h	118.11	+0.055%	$8.3M	$293.0M	50x	as long as short
Orderly PERP_SOL_USDC	−0.0003%	8h	118.07	+0.026%	$1.0M	$2.5M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	118.08	+0.034%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.09	+0.041%	$1.5M	$13.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.05	+0.007%	$121K	$1.8M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	118.12	+0.064%	$26.3M	$15.3M	50x	as long as short
KuCoin SOLUSDTM	+0.0007%	8h	118.05	+0.008%	$130.8M	$206.9M	75x	as long as short
Injective SOL/USDC PERP	+0.0015%	1h	119.34	+1.101%	$4K	$76	12x	as long as short
Aevo SOL-PERP	+0.0024%	1h	118.03	−0.009%	$343K	$318K	20x	as long as short
MEXC SOL_USDTlong	+0.0027%	8h	118.04	long leg	$402.4M	$828.9M	300x
Binance SOLUSDT	+0.0028%	8h	118.04	0.000%	$970.2M	$2.66B	100x	as long as short
BingX SOL-USDC	+0.0031%	8h	118.05	+0.006%	—	$10.6M	—	as long as short
OKX SOL-USDT-SWAP	+0.0031%	8h	118.06	+0.017%	$359.9M	$1.39B	100x	as long as short
RISEx SOL/USDC	+0.0040%	1h	118.06	+0.017%	$2.2M	$3.2M	20x	as long as short
Aster SOLUSDT	+0.0060%	8h	118.03	−0.006%	$176.7M	$125.3M	100x	as long as short
SoDEX SOL-USD	+0.0061%	1h	118.03	−0.008%	$6.2M	$3.5M	20x	as long as short
Variational Omni SOL	+0.0073%	8h	118.14	+0.081%	$27.1M	$45.7M	—	as long as short
01 Exchange SOLUSD	+0.0088%	1h	118.12	+0.068%	$108K	$129K	20x	as long as short
Lighter RH SOL	+0.0088%	1h	118.03	−0.008%	$2.2M	$13.0M	25x	as long as short
Phemex SOLUSDT	+0.0094%	8h	118.05	+0.008%	$45.9M	$81.6M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.06	+0.013%	$13.5M	$47.4M	25x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.04	0.000%	$39K	$802K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.05	+0.009%	$1.0M	$104K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.02	−0.015%	$5.2M	$36.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.14	+0.085%	$744.1M	$284.0M	20x	as long as short
Pacifica SOL	+0.0100%	1h	118.07	+0.021%	$13.3M	$99.9M	20x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.05	+0.008%	$217K	$630K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.03	−0.008%	$1.0M	$4.7M	20x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.11	+0.059%	$25.0M	$32.3M	50x	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.04	−0.001%	$94.8M	$273.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.13	+0.077%	$48.4M	$25.8M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.08	+0.034%	$1.3M	$5.5M	30x	as long as short
Polymarket Perps SOL-USDshort	+0.0100%	1h	118.04	0.000%	$339K	$2.3M	20x
Bullet SOL-USD	+0.0100%	1h	118.03	−0.011%	$262K	$1.5M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.00	−0.036%	$192K	$915K	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.97	−0.058%	$227.6M	$30.0M	75x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.15	+0.093%	$140.4M	$17.2M	20x	as long as short
BloFin SOL-USDT	+0.0109%	8h	118.03	−0.008%	$53.1M	$39.5M	125x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	118.06	+0.021%	—	$179.6M	500x	as long as short
Phoenix SOL	+0.0142%	1h	118.13	+0.076%	$7.3M	$8.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0152%	1h	118.08	+0.030%	$106K	$757K	20x	as long as short
Reya SOLRUSDPERP	+0.0222%	1h	118.03	−0.011%	$1.1M	$66K	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0171%	1h	118.09	+0.038%	$3.8M	—	200x	as long as short
dYdX SOL-USD	+0.0275%	1h	118.05	+0.009%	$9.8M	$29.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0316%	1h	118.16	+0.099%	$25K	$28K	20x	as long as short