After costs, if the gap returns to its 7d average, $10k+$9
spread now+0.068%7d average−0.140%fees + slippage, in and out−$12spread needed0.121%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SOL | 117.68 | 0.0212 | pay 0.0027% / 1h | 36m 34s | $7.3M | $10.0M | 25x |
| Short | MEXC SOL_USDT | 117.76 | 0.0100 | get 0.0100% / 8h | 2h 36m | $430.8M | $992.0M | 300x |
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
- $6.8
- Funding while held
- −$3.37
- Slippage, 4 orders
- −$3.06
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 1 bp × 2 orders
- −$2
- Net
- −$8.63
- Spread needed to break even
- 0.121%
Slippage from Phoenix: live order book, 4 min ago; MEXC: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0112%
- Per $10,000 a day
- −$3.37
- 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 −$1,516 | doesn't fit |
| Sell MEXC live order book, 9 min ago | 0.43 bp | 1.4 bp −$1 | 1.4 bp −$14 | 2.6 bp −$259 | 6.0 bp −$3,019 |
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 | −0.492% | +0.0100% | 8h | $26.0M | $82.9M | — | as long as short |
| edgeX SOLUSDC | −0.121% | +0.0100% | 4h | $106.1M | $299.9M | 75x | as long as short |
| Aftermath Perps SOLUSD | −0.103% | +0.0402% | 1h | $24K | $39K | 20x | as long as short |
| Phoenix SOLlong | 0.000% | +0.0212% | 1h | $7.3M | $10.0M | 25x | |
| Hibachi SOL/USDT-P | +0.008% | +0.0440% | 1h | $107K | $433K | 20x | as long as short |
| OKX SOL-USDT-SWAP | +0.008% | +0.0097% | 8h | $373.6M | $1.50B | 100x | as long as short |
| ApeX Omni SOLUSDT | +0.011% | −0.0144% | 1h | $1.4M | $5.6M | 50x | as long as short |
| Binance SOLUSDT | +0.018% | +0.0100% | 8h | $978.9M | $3.02B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.025% | +0.0100% | 1h | $226K | $892K | 10x | as long as short |
| Katana Perps SOL-USD | +0.034% | +0.0100% | 8h | $56K | $402K | 20x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended SOL-USD | +0.038% | +0.0104% | 1h | $8.2M | $26.8M | 50x | as long as short |
| KuCoin SOLUSDTM | +0.048% | +0.0100% | 8h | $144.0M | $135.5M | 75x | as long as short |
| Gate SOL_USDT | +0.051% | +0.0099% | 8h | $858.9M | $596.6M | 100x | as long as short |
| dYdX SOL-USD | +0.055% | −0.0028% | 1h | $4.8M | $19.7M | 20x | as long as short |
| RISEx SOL/USDC | +0.058% | +0.0091% | 1h | $1.6M | $7.4M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.059% | +0.0080% | 1h | $109K | $102K | 20x | as long as short |
| Bitget SOLUSDT | +0.060% | +0.0100% | 8h | $491.3M | $375.7M | 100x | as long as short |
| BingX SOL-USDT | +0.063% | +0.0100% | 8h | — | $354.7M | — | as long as short |
| Bybit SOLUSDT | +0.064% | +0.0100% | 8h | $818.0M | $1.08B | 100x | as long as short |
| Nado SOL-PERP | +0.064% | +0.0100% | 1h | $5.7M | $33.9M | 40x | as long as short |
| MEXC SOL_USDTshort | +0.068% | +0.0100% | 8h | $430.8M | $992.0M | 300x | |
| Lighter RH SOL | +0.074% | +0.0096% | 1h | $2.1M | $13.4M | 25x | as long as short |
| Lighter SOL | +0.088% | +0.0096% | 1h | $14.3M | $40.9M | 25x | as long as short |
| Paradex SOL-USD-PERP | +0.108% | +0.0099% | 8h | $1.5M | $91K | 50x | as long as short |
| Pacifica SOL | +0.110% | +0.0100% | 1h | $12.0M | $60.8M | 20x | as long as short |
| Aster SOLUSDT | +0.167% | +0.0100% | 8h | $182.6M | $133.6M | 100x | as long as short |
| Jupiter Perps SOL-PERP | +0.246% | L +0.0120% / S +0.0048% | 1h | — | $153.1M | 500x | as long as short |
| Hyperliquid SOL | +0.246% | +0.0122% | 1h | $728.8M | $376.4M | 20x | as long as short |
| Vest SOL-PERP | +0.248% | −0.0079% | 1h | — | $808K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.255% | +0.0951% | 1h | $4K | $206K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.269% | +0.0197% | 1h | $1.1M | $541K | 25x | as long as short |
| Hotstuff SOL-PERP | +0.278% | −0.0080% | 1h | $6K | $271 | 25x | as long as short |
| StandX SOL-USD | +0.280% | +0.0100% | 1h | $1.3M | $9.1M | 30x | as long as short |
| Phemex SOLUSDT | +0.289% | +0.0100% | 8h | $46.2M | $81.1M | 50x | as long as short |
| Derive SOL-PERP | +0.292% | +0.0004% | 1h | $1.9M | $2.3M | 13x | as long as short |
| HTX SOL-USDT | +0.292% | +0.0100% | 8h | $230.9M | $34.9M | 75x | as long as short |
| Backpack SOL_USDC_PERP | +0.306% | +0.0100% | 1h | $24.4M | $31.5M | 50x | as long as short |
| SunX SOL-USDT | +0.313% | +0.0100% | 8h | $195K | $1.6M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.314% | +0.0100% | 1h | $370K | $1.6M | 20x | as long as short |
| SoDEX SOL-USD | +0.314% | +0.0008% | 1h | $7.3M | $3.6M | 20x | as long as short |
| BloFin SOL-USDT | +0.314% | +0.0220% | 8h | $52.9M | $86.8M | 125x | as long as short |
| Bullet SOL-USD | +0.318% | +0.0037% | 1h | $198K | $1.7M | 20x | as long as short |
| Aevo SOL-PERP | +0.323% | +0.0096% | 1h | $345K | $762K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | +0.327% | L 0.0000% / S +0.0004% | 1h | $57K | — | 150x | as long as short |
| GMX SOL/USD [SOL-USDC] | +0.330% | L +0.0187% / S −0.0099% | 1h | $3.7M | — | 200x | as long as short |
| Bulk SOL-USD | +0.333% | +0.0100% | 1h | $114.1M | $20.1M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.343% | −0.0129% | 1h | $31.2M | $75.8M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.353% | 0.0000% | 1h | $25.7M | $23.3M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.354% | +0.0120% | 1h | $8.3M | $317.6M | 50x | as long as short |
| Arcus SOL-USD | +0.356% | +0.0100% | 1h | $1.5M | $6.8M | 20x | as long as short |
| Kalshi KXSOLPERP | +0.357% | 0.0000% | 8h | $892K | $17.5M | 3.1x | as long as short |
| Orderly PERP_SOL_USDC | +0.361% | +0.0088% | 8h | $1.1M | $3.0M | 100x | as long as short |
| Perpl SOL | +0.362% | −0.0112% | 43m | $330K | $3.1M | 8.3x | as long as short |
| Bluefin SOL-PERP | +0.366% | +0.0100% | 1h | $38K | $25K | 25x | as long as short |
Phoenix SOL
MEXC SOL_USDT
Variational Omni
OKX
ApeX Omni
Binance
Katana Perps
Extended
KuCoin
Gate
RISEx
Bitget
BingX
Bybit
Lighter RH
Lighter
Paradex
Pacifica
Aster
Hyperliquid
Injective
StandX
Phemex
Derive
HTX
Backpack
SunX
Polymarket Perps
SoDEX
BloFin
Bullet
gTrade (Gains Network)
GMX
Bulk
Kraken Futures
Deribit
Coinbase International
Bluefin