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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.036%
Price spread now: Bluefin against Backpack−0.015%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.656%−$66 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.656%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SOL_USDC_PERP116.680.0100pay 0.0013% / 1h54m 48s$23.3M$37.6M50x
ShortBluefin SOL-PERP116.660.0205get 0.0026% / 1h54m 48s$25K$29K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Backpack. 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
$22.08
Price spread: −0.015% → 0.000%
−$1.54
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
$3.54
Costs to cover
0.170%
Break-even
5.9 days
Slippage unknown: Backpack: live order book, 4 min ago; Bluefin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 4 min ago0.43 bp6.0 bp −$67.1 bp −$719.3 bp −$9341870.8 bp −$935.4K
Sell Bluefin no order-book sample
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
ApeX Omni SOLUSDT−0.0435%1h116.33−0.300%$1.7M$6.0M50xas long as short
Hotstuff SOL-PERP−0.0080%1h116.77+0.081%$913$8K25xas long as short
Vest SOL-PERP−0.0075%1h116.59−0.079%$605K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.69+0.004%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.69+0.009%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.69+0.009%$1.4M$18.8M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h116.76+0.066%$103K$700K20xas long as short
Derive SOL-PERP+0.0012%1h116.63−0.040%$1.9M$2.8M13xas long as short
Deribit SOL_USDC-PERPETUAL+0.0047%1h116.71+0.027%$26.3M$25.2M50xas long as short
01 Exchange SOLUSD+0.0056%1h116.72+0.034%$100K$168K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h116.66−0.015%$7.6M$404.1M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.65−0.028%$30.8M$100.0M100xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.70+0.018%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.70+0.017%$13.0M$59.5M25xas long as short
Lighter RH SOL+0.0096%1h116.69+0.008%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.66−0.019%$342K$228K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.70+0.020%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.66−0.017%$50K$845K20xas long as short
Nado SOL-PERP+0.0100%1h116.62−0.051%$5.6M$39.2M40xas long as short
Hyperliquid SOL+0.0100%1h116.77+0.077%$707.7M$394.8M20xas long as short
Aster SOLUSDT+0.0100%8h116.68−0.004%$175.3M$181.9M100xas long as short
Pacifica SOL+0.0100%1h116.70+0.020%$15.5M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.66−0.017%$961.8M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.61−0.060%$795.0M$1.32B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.65−0.026%$364.9M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.75+0.060%$232K$849K10xas long as short
Arcus SOL-USD+0.0100%1h116.77+0.077%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.86+0.150%$134.6M$18.3M20xas long as short
Gate SOL_USDT+0.0100%8h116.67−0.009%$848.7M$651.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.65−0.026%$415.9M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.68+0.002%$126.6M$216.5M75xas long as short
Bitget SOLUSDT+0.0100%8h116.68−0.003%$481.8M$439.0M100xas long as short
BingX SOL-USDT+0.0100%8h116.66−0.015%$365.2Mas long as short
Backpack SOL_USDC_PERPlong+0.0100%1h116.68long leg$23.3M$37.6M50x
Variational Omni SOL+0.0100%8h116.68−0.004%$24.4M$115.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.36−0.272%$93.5M$396.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.56−0.101%$47.6M$29.2M20xas long as short
StandX SOL-USD+0.0100%1h116.76+0.069%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.65−0.026%$336K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.69+0.005%$148K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h116.61−0.057%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.65−0.026%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.65−0.028%$226.4M$46.4M75xas long as short
Phemex SOLUSDT+0.0100%8h116.72+0.034%$45.6M$101.1M50xas long as short
Extended SOL-USD+0.0104%1h116.65−0.030%$8.0M$36.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.76+0.064%$221.3M500xas long as short
Phoenix SOL+0.0129%1h116.77+0.077%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.754%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0190%1h116.61−0.060%$1.1M$538K25xas long as short
Bluefin SOL-PERPshort+0.0205%1h116.66−0.015%$25K$29K25x
BloFin SOL-USDT+0.0220%8h116.62−0.051%$51.8M$71.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.70+0.015%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.67−0.008%$128K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0453%1h116.81+0.111%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.81+0.116%$1.9M$4.9M20xas long as short