Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.003%
Price spread now: Phemex against StandX+0.017%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.017%, 7d avg +0.002%
Together, before fees−0.129%+ Points / potential airdropStandX: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX SOL-USD118.860.0100pay 0.0013% / 1h32m 58s$1.4M$13.5M30x
ShortPhemex SOLUSDT118.880.0045get 0.0045% / 8h7h 32m$46.6M$100.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
−$11.53
Price spread: +0.017% → +0.002%
$1.52
Slippage, 4 orders
−$12.65
Fee StandX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$42.66
Costs to cover
0.326%
Break-even
never at this rate
Slippage from StandX: live order book, 1 min ago; Phemex: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 1 min ago3.78 bp9.4 bp −$99.8 bp −$9822.9 bp −$2,291doesn't fit
Sell Phemex live order book, 6 min ago0.42 bp6.9 bp −$79.4 bp −$9416.5 bp −$1,651doesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0166%1h118.87+0.010%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h118.99+0.112%$844$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.89+0.028%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.78−0.070%$2.0M$2.7M13xas long as short
HTX SOL-USDT−0.0050%8h118.85−0.010%$231.2M$43.9M75xas long as short
dYdX SOL-USD−0.0019%1h118.98+0.101%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.86+0.001%$32.4M$96.5M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.87+0.008%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.00+0.120%$1.2M$20.3M3.1xas long as short
Perpl SOL0.0000%43m118.94+0.066%$158K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h118.95+0.076%$104K$159K20xas long as short
Phemex SOLUSDTshort+0.0045%8h118.88+0.017%$46.6M$100.5M50x
Hibachi SOL/USDT-P+0.0056%1h119.00+0.118%$101K$656K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0065%1h118.91+0.045%$26.6M$24.8M50xas long as short
BingX SOL-USDC+0.0080%8h118.86−0.003%$10.5Mas long as short
Orderly PERP_SOL_USDC+0.0081%8h118.87+0.006%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.89+0.029%$8.1M$410.5M50xas long as short
Lighter SOL+0.0096%1h118.85−0.009%$14.2M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.85−0.008%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.86−0.002%$348K$247K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.00+0.120%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.91+0.042%$47K$778K20xas long as short
Nado SOL-PERP+0.0100%1h119.00+0.118%$5.9M$40.9M40xas long as short
Aster SOLUSDT+0.0100%8h118.87+0.008%$179.1M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.04+0.150%$12.2M$123.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.90+0.034%$978.9M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.92+0.052%$823.5M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.90+0.034%$371.0M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.076%$233K$848K10xas long as short
Arcus SOL-USD+0.0100%1h118.98+0.103%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.80−0.050%$134.2M$6.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.87+0.008%$859.0M$664.5M100xas long as short
MEXC SOL_USDT+0.0100%8h118.88+0.017%$428.2M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.89+0.024%$138.1M$202.5M75xas long as short
Bitget SOLUSDT+0.0100%8h118.88+0.018%$493.5M$441.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.88+0.017%$24.2M$37.2M50xas long as short
Variational Omni SOL+0.0100%8h119.01+0.123%$27.0M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.94+0.068%$95.5M$404.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.92+0.050%$48.7M$29.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.01+0.125%$1.5M$6.1M50xas long as short
StandX SOL-USDlong+0.0100%1h118.86long leg$1.4M$13.5M30x
Polymarket Perps SOL-USD+0.0100%1h118.92+0.050%$359K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.85−0.010%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.92+0.051%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.85−0.008%$6.2M$10.8M20xas long as short
Hyperliquid SOL+0.0101%1h118.98+0.101%$721.1M$399.2M20xas long as short
Extended SOL-USD+0.0104%1h118.83−0.029%$8.7M$35.2M50xas long as short
Phoenix SOL+0.0114%1h119.01+0.126%$6.5M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.95+0.074%$219.9M500xas long as short
RISEx SOL/USDC+0.0161%1h118.98+0.103%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.86+0.002%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.168%$4K$2K12xas long as short
Aftermath Perps SOLUSD+0.0174%1h118.91+0.043%$25K$50K20xas long as short
Reya SOLRUSDPERP+0.0186%1h118.89+0.029%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.90+0.034%$51.9M$77.5M125xas long as short