After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.153%7d average−0.130%fees + slippage, in and out−$25spread needed0.247%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SOL | 117.33 | 0.0157 | pay 0.0020% / 1h | 16m 51s | $7.2M | $11.5M | 25x |
| Short | Bulk SOL-USD | 117.15 | 0.0100 | get 0.0013% / 1h | 16m 51s | $126.1M | $16.2M | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$15.34
- Funding while held
- −$1.71
- Slippage, 4 orders
- −$10.73
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$41.78
- Spread needed to break even
- 0.247%
Slippage from Phoenix: live order book, 4 min ago; Bulk: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0057%
- Per $10,000 a day
- −$1.71
- Average in range /8h
- —
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 Phoenix live order book, 4 min ago | 0.85 bp | 4.6 bp −$5 | 5.7 bp −$57 | 15.2 bp −$1,523 | doesn't fit |
| Sell Bulk live order book, 4 min ago | 4.26 bp | 7.8 bp −$8 | 7.8 bp −$78 | 7.8 bp −$776 | 7.8 bp −$3,881 |
SOL price on every exchange
against the cheapest. Click to use as the short leg.SOL on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SOL | −0.222% | +0.0100% | 8h | $27.8M | $117.1M | — | as long as short |
| edgeX SOLUSDC | −0.186% | +0.0100% | 4h | $94.1M | $380.8M | 75x | as long as short |
| Bulk SOL-USDshort | −0.153% | +0.0100% | 1h | $126.1M | $16.2M | 20x | |
| Injective SOL/USDC PERP | −0.102% | +0.5000% | 1h | $4K | $41K | 12x | as long as short |
| Ondo Perps SOL-USD.P | −0.094% | +0.0100% | 1h | $231K | $874K | 10x | as long as short |
| Derive SOL-PERP | −0.074% | −0.0056% | 1h | $1.9M | $3.0M | 13x | as long as short |
| HTX SOL-USDT | −0.073% | −0.0028% | 8h | $228.7M | $41.9M | 75x | as long as short |
| Vest SOL-PERP | −0.065% | −0.0088% | 1h | — | $728K | 20x | as long as short |
| Paradex SOL-USD-PERP | −0.061% | +0.0096% | 8h | $1.0M | $437K | 50x | as long as short |
| SunX SOL-USDT | −0.046% | +0.0100% | 8h | $190K | $1.9M | 30x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Perpl SOL | −0.040% | 0.0000% | 43m | $174K | $3.9M | 8.3x | as long as short |
| BloFin SOL-USDT | −0.034% | +0.0217% | 8h | $51.6M | $93.5M | 125x | as long as short |
| Nado SOL-PERP | −0.030% | +0.0100% | 1h | $5.3M | $39.0M | 40x | as long as short |
| Reya SOLRUSDPERP | −0.030% | +0.0188% | 1h | $1.1M | $542K | 25x | as long as short |
| Bullet SOL-USD | −0.026% | +0.0100% | 1h | $194K | $1.7M | 20x | as long as short |
| Aevo SOL-PERP | −0.025% | +0.0096% | 1h | $347K | $747K | 20x | as long as short |
| Jupiter Perps SOL-PERP | −0.022% | L +0.0112% / S +0.0048% | 1h | — | $205.3M | 500x | as long as short |
| Arcus SOL-USD | −0.018% | +0.0100% | 1h | $1.7M | $8.5M | 20x | as long as short |
| Bluefin SOL-PERP | −0.016% | +0.0100% | 1h | $37K | $12K | 25x | as long as short |
| Katana Perps SOL-USD | −0.009% | +0.0100% | 8h | $42K | $718K | 20x | as long as short |
| Polymarket Perps SOL-USD | −0.009% | +0.0100% | 1h | $380K | $2.2M | 20x | as long as short |
| Phemex SOLUSDT | −0.009% | +0.0100% | 8h | $45.5M | $95.3M | 50x | as long as short |
| dYdX SOL-USD | −0.005% | −0.0206% | 1h | $5.2M | $24.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | −0.003% | +0.0047% | 1h | $1.6M | $6.3M | 50x | as long as short |
| Aftermath Perps SOLUSD | −0.002% | −0.0016% | 1h | $24K | $47K | 20x | as long as short |
| BingX SOL-USDC | −0.001% | +0.0031% | 8h | — | $10.3M | — | as long as short |
| Kalshi KXSOLPERP | −0.001% | 0.0000% | 8h | $1.3M | $20.8M | 3.1x | as long as short |
| Phoenix SOLlong | 0.000% | +0.0157% | 1h | $7.2M | $11.5M | 25x | |
| RISEx SOL/USDC | 0.000% | +0.0158% | 1h | $1.5M | $6.9M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.002% | −0.0116% | 1h | $33.9M | $83.8M | 100x | as long as short |
| Pacifica SOL | +0.003% | +0.0100% | 1h | $13.2M | $102.7M | 20x | as long as short |
| Extended SOL-USD | +0.005% | +0.0104% | 1h | $8.6M | $36.7M | 50x | as long as short |
| KuCoin SOLUSDTM | +0.006% | +0.0044% | 8h | $139.6M | $172.2M | 75x | as long as short |
| 01 Exchange SOLUSD | +0.009% | +0.0064% | 1h | $114K | $131K | 20x | as long as short |
| MEXC SOL_USDT | +0.009% | +0.0096% | 8h | $422.6M | $1.06B | 300x | as long as short |
| gTrade (Gains Network) SOL/USD | +0.009% | L −0.0001% / S +0.0004% | 1h | $58K | — | 150x | as long as short |
| SoDEX SOL-USD | +0.009% | +0.0100% | 1h | $6.1M | $10.9M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | +0.009% | L +0.0176% / S −0.0080% | 1h | $3.6M | — | 200x | as long as short |
| Orderly PERP_SOL_USDC | +0.010% | +0.0054% | 8h | $1.1M | $5.4M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.017% | +0.0100% | 1h | $24.0M | $36.6M | 50x | as long as short |
| Aster SOLUSDT | +0.025% | +0.0099% | 8h | $176.6M | $170.9M | 100x | as long as short |
| Gate SOL_USDT | +0.026% | +0.0072% | 8h | $856.7M | $656.3M | 100x | as long as short |
| Bitget SOLUSDT | +0.026% | +0.0057% | 8h | $493.3M | $437.9M | 100x | as long as short |
| Hotstuff SOL-PERP | +0.027% | −0.0080% | 1h | $832 | $8K | 25x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.030% | +0.0088% | 1h | $7.8M | $387.4M | 50x | as long as short |
| Lighter RH SOL | +0.032% | +0.0096% | 1h | $2.0M | $16.9M | 25x | as long as short |
| Binance SOLUSDT | +0.034% | +0.0097% | 8h | $954.4M | $3.60B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.034% | +0.0043% | 8h | $365.4M | $1.65B | 100x | as long as short |
| Lighter SOL | +0.036% | +0.0096% | 1h | $13.5M | $48.7M | 25x | as long as short |
| StandX SOL-USD | +0.043% | +0.0100% | 1h | $1.3M | $12.8M | 30x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.044% | +0.0092% | 1h | $26.4M | $27.2M | 50x | as long as short |
| Bybit SOLUSDT | +0.052% | +0.0100% | 8h | $814.7M | $1.22B | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.052% | +0.0264% | 1h | $115K | $520K | 20x | as long as short |
| Hyperliquid SOL | +0.111% | +0.0100% | 1h | $704.0M | $430.5M | 20x | as long as short |
Phoenix SOL
Bulk SOL-USD
Variational Omni
Injective
Derive
HTX
Paradex
SunX
BloFin
Bullet
Bluefin
Katana Perps
Polymarket Perps
Phemex
ApeX Omni
BingX
RISEx
Kraken Futures
Pacifica
Extended
KuCoin
MEXC
gTrade (Gains Network)
SoDEX
GMX
Backpack
Aster
Gate
Bitget
Coinbase International
Lighter RH
Binance
OKX
Lighter
StandX
Deribit
Bybit
Hyperliquid