Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.034%101s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.240% of the position
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 3 days (all we have)−0.191%−$19 · spread now +0.034%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.040% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOLUSDT | 119.29 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $985.5M | $3.81B | 100x |
| Short | BloFin SOL-USDT | 119.33 | 0.0220 | get 0.0220% / 8h | 1h 23m | $52.5M | $82.9M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.2
- Price spread: +0.034% → −0.006%
- $3.96
- Slippage, 4 orders
- −$1.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $5.2
- Costs to cover
- 0.240%
- Break-even
- 5.6 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 6 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 Binance live order book, 6 min ago | 0.42 bp | 5.7 bp −$6 | 6.7 bp −$67 | 9.7 bp −$974 | 18.6 bp −$9,277 |
| Sell BloFin live order book, 6 min ago | 0.42 bp | 6.4 bp −$6 | 6.7 bp −$67 | 8.5 bp −$849 | 13.8 bp −$6,895 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0512% | 1h | 119.32 | +0.025% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0107% | 1h | 119.22 | −0.059% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.30 | +0.007% | $846 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0062% | 1h | 119.23 | −0.048% | — | $722K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0005% / S +0.0004% | 1h | 119.27 | −0.018% | $106K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.25 | −0.030% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.39 | +0.080% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.26 | −0.024% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0032% | 1h | 119.40 | +0.092% | $120K | $612K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.18 | −0.092% | $6.5M | $13.6M | 25x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SOLUSD | +0.0066% | 1h | 119.29 | +0.004% | $24K | $47K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 119.33 | +0.033% | $1.1M | $5.9M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0080% | 1h | 119.30 | +0.008% | $104K | $154K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.23 | −0.047% | — | $10.5M | — | as long as short |
| HTX SOL-USDT | +0.0082% | 8h | 119.27 | −0.020% | $232.2M | $45.0M | 75x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0083% | 1h | 119.36 | +0.062% | $26.7M | $27.7M | 50x | as long as short |
| Gate SOL_USDT | +0.0087% | 8h | 119.20 | −0.075% | $870.6M | $684.4M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.23 | −0.047% | $13.6M | $55.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.20 | −0.078% | $2.1M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.26 | −0.021% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.16 | −0.108% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.22 | −0.059% | $47K | $796K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.28 | −0.013% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.36 | +0.059% | $719.0M | $416.9M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.27 | −0.017% | $178.5M | $176.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.26 | −0.025% | $12.4M | $117.8M | 20x | as long as short |
| Binance SOLUSDTlong | +0.0100% | 8h | 119.29 | long leg | $985.5M | $3.81B | 100x | |
| Bybit SOLUSDT | +0.0100% | 8h | 119.32 | +0.025% | $825.5M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.29 | 0.000% | $371.3M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.24 | −0.042% | $234K | $885K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.31 | +0.020% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.16 | −0.112% | $133.7M | $8.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.26 | −0.025% | $454.4M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.30 | +0.006% | $140.3M | $201.8M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.26 | −0.023% | $495.6M | $455.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.31 | +0.017% | $24.1M | $38.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.27 | −0.017% | $27.9M | $128.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.14 | −0.122% | $95.7M | $400.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.37 | +0.067% | $48.9M | $31.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.24 | −0.042% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.35 | +0.050% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.27 | −0.017% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.27 | −0.020% | $202K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.33 | +0.031% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.30 | +0.008% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.34 | +0.042% | $46.6M | $102.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.24 | −0.045% | $8.7M | $36.3M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.35 | +0.051% | $8.2M | $416.3M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.41 | +0.103% | — | $223.5M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.30 | +0.010% | $32.6M | $95.9M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0068% | 1h | 119.38 | +0.075% | $3.8M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.25 | −0.037% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.32 | +0.022% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.38 | +0.075% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDTshort | +0.0220% | 8h | 119.33 | +0.034% | $52.5M | $82.9M | 125x |
Binance SOLUSDT
BloFin SOL-USDT
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
Aftermath Perps SOLUSD
01 Exchange SOLUSD
BingX SOL-USDC
HTX SOL-USDT
Deribit SOL_USDC-PERPETUAL
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP