Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against StandX+0.027%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$630.628% of the position

Long on StandX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.446%−$45 · spread now +0.027%, 7d avg −0.020%

Together, before fees−0.446%+ Points / potential airdropStandX: Active · farm board−$45 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: SunX is 0.047% dearer against StandX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	116.17	0.0100	pay 0.0013% / 1h	34m 42s	$1.3M	$11.0M	30x
Short	SunX SOL-USDT	116.20	0.0100	get 0.0100% / 8h	7h 34m	$189K	$1.7M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → −0.020%: $4.71
Slippage, 4 orders: −$46.82
Fee StandX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$58.11
Costs to cover: 0.628%
Break-even: never at this rate

Slippage from StandX: live order book, 4 min ago; SunX: live order book, 11 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, 4 min ago	2.15 bp	7.8 bp −$8	8.7 bp −$87	21.7 bp −$2,169	doesn't fit
Sell SunX live order book, 11 min ago	4.22 bp	21.3 bp −$21	39.3 bp −$393	doesn't fit	doesn't fit

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	116.34	+0.147%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	116.22	+0.044%	$32.3M	$105.2M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.22	+0.043%	$42K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.25	+0.069%	$4.3M	$23.3M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.24	+0.064%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.22	+0.046%	$99K	$3.4M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	116.25	+0.070%	$26.1M	$21.5M	50x	as long as short
Vest SOL-PERP	+0.0001%	1h	116.20	+0.026%	—	$636K	20x	as long as short
Derive SOL-PERP	+0.0007%	1h	116.15	−0.017%	$1.8M	$2.9M	13x	as long as short
Bybit SOLUSDT	+0.0013%	8h	116.14	−0.025%	$730.2M	$1.39B	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SOLUSDT	+0.0025%	8h	116.17	+0.004%	$479.2M	$448.1M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.20	+0.029%	$7.7M	$391.7M	50x	as long as short
Aster SOLUSDT	+0.0052%	8h	116.16	−0.008%	$176.3M	$169.3M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0068%	8h	116.19	+0.019%	$1.0M	$5.8M	100x	as long as short
SoDEX SOL-USD	+0.0083%	1h	116.18	+0.009%	$6.1M	$11.0M	20x	as long as short
Lighter SOL	+0.0096%	1h	116.19	+0.019%	$13.0M	$56.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.15	−0.020%	$2.2M	$14.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.18	+0.012%	$350K	$249K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	116.14	−0.025%	$1.0M	$554K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.18	+0.009%	$64K	$901K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.19	+0.022%	$5.4M	$41.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.32	+0.129%	$695.1M	$404.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.21	+0.034%	$15.7M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.15	−0.020%	$960.4M	$3.82B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.16	−0.009%	$365.7M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.18	+0.009%	$217K	$845K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.22	+0.044%	$945K	$8.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.19	+0.017%	$847.6M	$611.2M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.15	−0.017%	$373.8M	$1.05B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.18	+0.008%	$129.5M	$237.4M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.17	−0.004%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.20	+0.026%	$22.8M	$36.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.19	+0.014%	$24.8M	$104.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.21	+0.038%	$93.3M	$404.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.14	−0.026%	$47.5M	$28.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.33	+0.134%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USDlong	+0.0100%	1h	116.17	long leg	$1.3M	$11.0M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	116.25	+0.069%	$318K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.21	+0.036%	$281K	$1.7M	20x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	116.20	+0.027%	$189K	$1.7M	30x
HTX SOL-USDT	+0.0100%	8h	116.24	+0.061%	$225.0M	$50.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.21	+0.034%	$45.2M	$103.1M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.25	+0.067%	$125.8M	$25.7M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.14	−0.022%	$8.2M	$36.4M	50x	as long as short
01 Exchange SOLUSD	+0.0112%	1h	116.26	+0.077%	$101K	$182K	20x	as long as short
Hibachi SOL/USDT-P	+0.0120%	1h	116.33	+0.140%	$101K	$683K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.23	+0.048%	—	$230.4M	500x	as long as short
Phoenix SOL	+0.0124%	1h	116.27	+0.086%	$6.5M	$13.4M	25x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	+0.146%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0197%	1h	116.16	−0.011%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.18	+0.009%	$52.0M	$63.5M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.20	+0.029%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0410%	1h	116.30	+0.114%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	116.27	+0.089%	$2.1M	$4.8M	20x	as long as short
Bluefin SOL-PERP	+0.0633%	1h	116.21	+0.033%	$27K	$36K	25x	as long as short