Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bulk against StandX−0.284%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$330.334% of the position

Long on StandX Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days+0.321%+$32 · spread now −0.284%, 7d avg −0.018%

Together, before fees+0.321%+ Points / potential airdropStandX: Active · farm board+$32 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: Bulk is 0.266% cheaper against StandX than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	119.69	0.0100	pay 0.0013% / 1h	50m 55s	$1.4M	$13.4M	30x
Short	Bulk SOL-USD	119.35	0.0100	get 0.0013% / 1h	50m 55s	$133.8M	$7.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against StandX. 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 StandXbpFee BulkbpOrdersPrice spread, now −0.284%Rate

Funding earned: $0
Price spread: −0.284% → −0.018%: −$26.61
Slippage, 4 orders: −$18.37
Fee StandX: 4 bp × 2 orders: −$8
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$59.98
Costs to cover: 0.334%
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; Bulk: live order book, 3 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 StandX live order book, 3 min ago	5.01 bp	9.0 bp −$9	10.0 bp −$100	21.3 bp −$2,131	doesn't fit
Sell Bulk live order book, 3 min ago	4.18 bp	7.7 bp −$8	7.7 bp −$77	7.7 bp −$768	10.4 bp −$5,225

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	119.69	−0.002%	$849	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.62	−0.058%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0052%	1h	119.57	−0.099%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.67	−0.018%	$113K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.71	+0.018%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.72	+0.023%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.71	+0.013%	$177K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0031%	1h	119.70	+0.012%	$26.8M	$26.0M	50x	as long as short
ApeX Omni SOLUSDT	+0.0045%	1h	119.83	+0.117%	$1.5M	$6.2M	50x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	119.68	−0.008%	$104K	$157K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0071%	8h	119.67	−0.018%	$1.1M	$5.9M	100x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.68	−0.011%	—	$371.8M	—	as long as short
HTX SOL-USDT	+0.0089%	8h	119.54	−0.123%	$232.7M	$45.1M	75x	as long as short
Gate SOL_USDT	+0.0089%	8h	119.63	−0.050%	$872.1M	$673.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.64	−0.041%	$13.7M	$55.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.63	−0.049%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.61	−0.065%	$354K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.68	−0.010%	$8.3M	$419.1M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.62	−0.055%	$1.1M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.67	−0.017%	$46K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.72	+0.021%	$6.1M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.73	+0.033%	$725.3M	$410.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.67	−0.013%	$179.2M	$175.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.71	+0.018%	$12.4M	$119.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.67	−0.019%	$986.1M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.67	−0.016%	$831.8M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.64	−0.042%	$373.4M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.66	−0.025%	$234K	$875K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.69	−0.003%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USDshort	+0.0100%	1h	119.35	−0.284%	$133.8M	$7.0M	20x
MEXC SOL_USDT	+0.0100%	8h	119.65	−0.033%	$457.2M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.65	−0.036%	$139.8M	$203.7M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.63	−0.053%	$498.1M	$456.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.64	−0.042%	$24.2M	$37.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.52	−0.143%	$27.4M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.65	−0.033%	$96.1M	$401.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.76	+0.058%	$49.0M	$31.2M	20x	as long as short
StandX SOL-USDlong	+0.0100%	1h	119.69	long leg	$1.4M	$13.4M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	119.65	−0.033%	$372K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.65	−0.037%	$203K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.68	−0.007%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.64	−0.039%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.65	−0.033%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.64	−0.042%	$46.7M	$102.5M	50x	as long as short
Phoenix SOL	+0.0100%	1h	119.88	+0.159%	$6.6M	$13.7M	25x	as long as short
Aftermath Perps SOLUSD	+0.0103%	1h	119.62	−0.057%	$24K	$47K	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.61	−0.065%	$8.7M	$35.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0104%	1h	119.69	+0.004%	$122K	$639K	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	119.67	−0.021%	$32.7M	$97.0M	100x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.66	−0.022%	—	$224.6M	500x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.02	−0.560%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.63	−0.049%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.64	−0.042%	$52.0M	$84.5M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.69	−0.002%	$1.7M	$5.2M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0241% / S −0.0186%	1h	119.66	−0.025%	$3.8M	—	200x	as long as short