ArbiLayer

SOL arbitrage

live

Live Solana price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.06%Variational → Hyperliquid · Perp–Perp
Best perp–perp spread+0.10%Variational → Hyperliquid
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.15%$116.08 – $116.26

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Variational logoVariational$116.10Hyperliquid logoHyperliquid$116.21 +0.10%-0.06% +0.10%— +0.034%— LS Chart →
Variational logoVariational$116.10KuCoin logoKuCoin$116.21 +0.09%-0.07% +0.10%— +0.007%— LS Chart →
Variational logoVariational$116.10HTX logoHTX$116.20 +0.08%-0.08% +0.09%— +0.034%— LS Chart →
Variational logoVariational$116.10MEXC logoMEXC$116.19 +0.08%-0.08% +0.08%— -0.008%— LS Chart →
Variational logoVariational$116.10Bitget logoBitget$116.18 +0.07%-0.09% +0.08%— +0.021%— LS Chart →
Variational logoVariational$116.10Binance logoBinance$116.18 +0.07%-0.09% +0.07%— -0.008%— LS Chart →
Variational logoVariational$116.10Bybit logoBybit$116.18 +0.07%-0.09% +0.07%— -0.010%— LS Chart →
Variational logoVariational$116.10Gate logoGate$116.18 +0.07%-0.09% +0.08%— +0.017%— LS Chart →
Variational logoVariational$116.10OKX logoOKX$116.18 +0.07%-0.09% +0.07%— -0.006%— LS Chart →
Variational logoVariational$116.10Aster logoAster$116.18 +0.07%-0.09% +0.07%— -0.003%— LS Chart →
Bitget logoBitget$116.18Hyperliquid logoHyperliquid$116.21 +0.02%-0.14% +0.02%— +0.013%— LS Chart →
Bitget logoBitget$116.18KuCoin logoKuCoin$116.21 +0.02%-0.14% +0.02%— -0.014%— LS Chart →
Binance logoBinance$116.19Hyperliquid logoHyperliquid$116.21 +0.02%-0.14% +0.02%— +0.042%— LS Chart →
Bybit logoBybit$116.19Hyperliquid logoHyperliquid$116.21 +0.02%-0.14% +0.02%— +0.044%— LS Chart →
Gate logoGate$116.19Hyperliquid logoHyperliquid$116.21 +0.02%-0.14% +0.01%— +0.017%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

SOL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · SOL-USDT-SWAPPerpetual $116.18$116.19$116.19-0.01% -0.010%$1.04B
Bybit logoBybitPerpetual · SOLUSDTPerpetual $116.18$116.19$116.19-0.01% -0.014%$779.92M
MEXC logoMEXCPerpetual · SOL_USDTPerpetual $116.19$116.20$116.20-0.01% -0.012%$778.89M
Bitget logoBitgetPerpetual · SOLUSDTPerpetual $116.18$116.18$116.18-0.02% +0.017%$257.11M
Hyperliquid logoHyperliquidPerpetual · SOLPerpetual $116.21$116.22$116.22+0.01% +0.030%$240.17M
KuCoin logoKuCoinPerpetual · SOLUSDTMPerpetual $116.21$116.21$116.21+0.01% +0.003%$95.93M
Gate logoGateSpot · SOL_USDTSpot $116.25$116.26$116.26+0.05% —$87.35M
OKX logoOKXSpot · SOL-USDTSpot $116.23$116.24$116.24+0.03% —$84.86M
Bybit logoBybitSpot · SOLUSDTSpot $116.23$116.24$116.24+0.03% —$44.40M
Variational logoVariationalPerpetual · SOLPerpetual $116.07$116.10$116.08-0.10% -0.004%$40.23M
Bitget logoBitgetSpot · SOLUSDTSpot $116.23$116.24$116.24+0.03% —$32.38M
KuCoin logoKuCoinSpot · SOL-USDTSpot $116.23$116.24$116.24+0.03% —$25.32M
HTX logoHTXPerpetual · SOL-USDTPerpetual $116.20$116.20$116.20-0.01% +0.030%$16.67M
Gate logoGatePerpetual · SOL_USDTPerpetual $116.18$116.19$116.19-0.01% +0.013%$5.31M
Binance logoBinancePerpetual · SOLUSDTPerpetual $116.18$116.19$116.19-0.01% -0.012%—
Aster logoAsterPerpetual · SOLUSDTPerpetual $116.18$116.19$116.19-0.01% -0.007%—
Binance logoBinanceSpot · SOLUSDTSpot $116.23$116.24$116.24+0.03% ——
MEXC logoMEXCSpot · SOLUSDTSpot $116.23$116.25$116.24+0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SOL arbitrage explained

Right now Solana (SOL) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $116.10 and the highest bid on Gate spot at $116.25.

The widest SOL perpetual spread is between Variational and Hyperliquid: long SOL on Variational at $116.10 and short on Hyperliquid at $116.21 for +0.10% gross, or -0.06% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.034% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best SOL route is to buy spot on Binance and short the perpetual on Hyperliquid: -0.03% gross, -0.23% net, with +0.030% a day of funding on the short leg.

Spot–spot SOL arbitrage (buy on Binance, withdraw, deposit and sell on Gate) shows +0.01% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small SOL gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: SOL funding rates · SOL spread charts · Solana price · arbitrage scanner for all coins.

Is there a SOL arbitrage opportunity right now?

The best SOL route right now is to buy on Variational → sell on Hyperliquid (Perp–Perp): +0.10% gross and -0.06% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest SOL?

Variational (perp) has the lowest SOL ask at $116.10, and Gate (spot) the highest bid at $116.25. Prices update every 15 seconds on this page.

How many exchanges list SOL?

ArbiLayer tracks 18 SOL markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage SOL without transferring coins?

Use two perpetual contracts: go long SOL on the cheaper exchange (Variational now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins