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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOLUSDT119.290.0100pay 0.0100% / 8h1h 23m$985.5M$3.81B100x
ShortBloFin SOL-USDT119.330.0220get 0.0220% / 8h1h 23m$52.5M$82.9M125x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.42 bp5.7 bp −$66.7 bp −$679.7 bp −$97418.6 bp −$9,277
Sell BloFin live order book, 6 min ago0.42 bp6.4 bp −$66.7 bp −$678.5 bp −$84913.8 bp −$6,895

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0512%1h119.32+0.025%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.22−0.059%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.30+0.007%$846$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.23−0.048%$722K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0005% / S +0.0004%1h119.27−0.018%$106K150xas long as short
dYdX SOL-USD−0.0001%1h119.25−0.030%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.39+0.080%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.26−0.024%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0032%1h119.40+0.092%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.18−0.092%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0066%1h119.29+0.004%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.33+0.033%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.30+0.008%$104K$154K20xas long as short
BingX SOL-USDC+0.0080%8h119.23−0.047%$10.5Mas long as short
HTX SOL-USDT+0.0082%8h119.27−0.020%$232.2M$45.0M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0083%1h119.36+0.062%$26.7M$27.7M50xas long as short
Gate SOL_USDT+0.0087%8h119.20−0.075%$870.6M$684.4M100xas long as short
Lighter SOL+0.0096%1h119.23−0.047%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.20−0.078%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.26−0.021%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.16−0.108%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.22−0.059%$47K$796K20xas long as short
Nado SOL-PERP+0.0100%1h119.28−0.013%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.36+0.059%$719.0M$416.9M20xas long as short
Aster SOLUSDT+0.0100%8h119.27−0.017%$178.5M$176.9M100xas long as short
Pacifica SOL+0.0100%1h119.26−0.025%$12.4M$117.8M20xas long as short
Binance SOLUSDTlong+0.0100%8h119.29long leg$985.5M$3.81B100x
Bybit SOLUSDT+0.0100%8h119.32+0.025%$825.5M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.290.000%$371.3M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.24−0.042%$234K$885K10xas long as short
Arcus SOL-USD+0.0100%1h119.31+0.020%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.16−0.112%$133.7M$8.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.26−0.025%$454.4M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.30+0.006%$140.3M$201.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.26−0.023%$495.6M$455.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.31+0.017%$24.1M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.27−0.017%$27.9M$128.0Mas long as short
edgeX SOLUSDC+0.0100%4h119.14−0.122%$95.7M$400.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.37+0.067%$48.9M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.24−0.042%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.35+0.050%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.27−0.017%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27−0.020%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.33+0.031%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.30+0.008%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.34+0.042%$46.6M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.24−0.045%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.35+0.051%$8.2M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.41+0.103%$223.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.30+0.010%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0068%1h119.38+0.075%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.25−0.037%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.32+0.022%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.075%$4K$2K12xas long as short
BloFin SOL-USDTshort+0.0220%8h119.33+0.034%$52.5M$82.9M125x