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+0.0140%/8h= +15.3% APRnext payment +$1.40 per $10,000 · paid last 24h +0.043%
Price spread now: BloFin against BingX+0.087%81s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.230%+$23 on $10k
Price spread, last 3 days (all we have)−0.311%−$31 · spread now +0.087%, 7d avg −0.002%
Together, before fees−0.081%−$8 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 0.089% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDT119.470.0080pay 0.0080% / 8h2h 15m$374.0M
ShortBloFin SOL-USDT119.570.0220get 0.0220% / 8h2h 15m$51.7M$86.9M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$29.4
Price spread: +0.087% → −0.002%
$8.89
Slippage, 4 orders
−$2.42
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$13.87
Costs to cover
0.244%
Break-even
3.7 days
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 3 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 BingX live order book, 8 min ago0.79 bp5.8 bp −$65.8 bp −$586.5 bp −$6538.7 bp −$4,344
Sell BloFin live order book, 3 min ago0.42 bp6.4 bp −$66.4 bp −$648.3 bp −$82812.9 bp −$6,447

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
Injective SOL/USDC PERP−0.0151%1h119.15−0.265%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.49+0.023%$847$8K25xas long as short
Vest SOL-PERP−0.0073%1h119.45−0.014%$724K20xas long as short
Derive SOL-PERP−0.0056%1h119.41−0.044%$2.0M$3.2M13xas long as short
dYdX SOL-USD−0.0004%1h119.57+0.089%$5.0M$27.0M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.45−0.009%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.50+0.030%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.47+0.006%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.52+0.041%$26.8M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0027%1h119.62+0.128%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0051%8h119.44−0.018%$232.7M$44.6M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.51+0.034%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.66+0.166%$120K$622K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.52+0.045%$105K$152K20xas long as short
BingX SOL-USDTlong+0.0080%8h119.47long leg$374.0M
Gate SOL_USDT+0.0091%8h119.41−0.047%$871.8M$687.8M100xas long as short
Lighter SOL+0.0096%1h119.44−0.025%$13.6M$55.1M25xas long as short
Lighter RH SOL+0.0096%1h119.43−0.033%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.47+0.006%$355K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.48+0.009%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.51+0.037%$49K$784K20xas long as short
Nado SOL-PERP+0.0100%1h119.52+0.045%$6.3M$41.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.54+0.062%$721.8M$414.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.42−0.039%$179.8M$175.8M100xas long as short
Pacifica SOL+0.0100%1h119.54+0.059%$12.4M$115.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.46−0.005%$979.3M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h119.46−0.003%$826.2M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.43−0.030%$371.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.48+0.012%$235K$872K10xas long as short
Arcus SOL-USD+0.0100%1h119.56+0.078%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.66+0.160%$134.1M$11.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.42−0.039%$430.7M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.42−0.035%$141.0M$197.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.44−0.026%$498.5M$452.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.45−0.013%$24.3M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.82+0.295%$27.5M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.86+0.330%$96.3M$401.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.72+0.215%$49.0M$33.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.75+0.234%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.80+0.280%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.46−0.005%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.45−0.014%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.49+0.023%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.45−0.017%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.45−0.013%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.49+0.020%$46.7M$101.6M50xas long as short
Extended SOL-USD+0.0104%1h119.40−0.059%$8.8M$36.8M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.50+0.028%$8.2M$417.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.50+0.027%$221.2M500xas long as short
Phoenix SOL+0.0154%1h119.75+0.238%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0090%1h119.45−0.013%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.53+0.051%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.44−0.025%$1.1M$562K25xas long as short
BloFin SOL-USDTshort+0.0220%8h119.57+0.087%$51.7M$86.9M125x
Kraken Futures PF_SOLUSD+0.0223%1h119.49+0.022%$35.6M$91.2M100xas long as short