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 − costs—prices read too far apart to compare
costs, in and out, $10k−$240.244% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOL-USDT | 119.47 | 0.0080 | pay 0.0080% / 8h | 2h 15m | — | $374.0M | — |
| Short | BloFin SOL-USDT | 119.57 | 0.0220 | get 0.0220% / 8h | 2h 15m | $51.7M | $86.9M | 125x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 8 min ago | 0.79 bp | 5.8 bp −$6 | 5.8 bp −$58 | 6.5 bp −$653 | 8.7 bp −$4,344 |
| Sell BloFin live order book, 3 min ago | 0.42 bp | 6.4 bp −$6 | 6.4 bp −$64 | 8.3 bp −$828 | 12.9 bp −$6,447 |
SOL on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0151% | 1h | 119.15 | −0.265% | $4K | $2K | 12x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.49 | +0.023% | $847 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0073% | 1h | 119.45 | −0.014% | — | $724K | 20x | as long as short |
| Derive SOL-PERP | −0.0056% | 1h | 119.41 | −0.044% | $2.0M | $3.2M | 13x | as long as short |
| dYdX SOL-USD | −0.0004% | 1h | 119.57 | +0.089% | $5.0M | $27.0M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.45 | −0.009% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.50 | +0.030% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.47 | +0.006% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 119.52 | +0.041% | $26.8M | $27.7M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0027% | 1h | 119.62 | +0.128% | $24K | $47K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0051% | 8h | 119.44 | −0.018% | $232.7M | $44.6M | 75x | as long as short |
| Orderly PERP_SOL_USDC | +0.0062% | 8h | 119.51 | +0.034% | $1.1M | $5.9M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0064% | 1h | 119.66 | +0.166% | $120K | $622K | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.52 | +0.045% | $105K | $152K | 20x | as long as short |
| BingX SOL-USDTlong | +0.0080% | 8h | 119.47 | long leg | — | $374.0M | — | |
| Gate SOL_USDT | +0.0091% | 8h | 119.41 | −0.047% | $871.8M | $687.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.44 | −0.025% | $13.6M | $55.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.43 | −0.033% | $2.1M | $17.0M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.47 | +0.006% | $355K | $747K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.48 | +0.009% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.51 | +0.037% | $49K | $784K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.52 | +0.045% | $6.3M | $41.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.54 | +0.062% | $721.8M | $414.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.42 | −0.039% | $179.8M | $175.8M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.54 | +0.059% | $12.4M | $115.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.46 | −0.005% | $979.3M | $3.78B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.46 | −0.003% | $826.2M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.43 | −0.030% | $371.5M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.48 | +0.012% | $235K | $872K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.56 | +0.078% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.66 | +0.160% | $134.1M | $11.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.42 | −0.039% | $430.7M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.42 | −0.035% | $141.0M | $197.8M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.44 | −0.026% | $498.5M | $452.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.45 | −0.013% | $24.3M | $38.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.82 | +0.295% | $27.5M | $127.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.86 | +0.330% | $96.3M | $401.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.72 | +0.215% | $49.0M | $33.3M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.75 | +0.234% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.80 | +0.280% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.46 | −0.005% | $366K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.45 | −0.014% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.49 | +0.023% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.45 | −0.017% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.45 | −0.013% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.49 | +0.020% | $46.7M | $101.6M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.40 | −0.059% | $8.8M | $36.8M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.50 | +0.028% | $8.2M | $417.3M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.50 | +0.027% | — | $221.2M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.75 | +0.238% | $6.6M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0090% | 1h | 119.45 | −0.013% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 119.53 | +0.051% | $1.6M | $6.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 119.44 | −0.025% | $1.1M | $562K | 25x | as long as short |
| BloFin SOL-USDTshort | +0.0220% | 8h | 119.57 | +0.087% | $51.7M | $86.9M | 125x | |
| Kraken Futures PF_SOLUSD | +0.0223% | 1h | 119.49 | +0.022% | $35.6M | $91.2M | 100x | as long as short |
BingX SOL-USDT
BloFin SOL-USDT
Injective SOL/USDC PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
Aftermath Perps SOLUSD
HTX SOL-USDT
01 Exchange SOLUSD
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Kraken Futures PF_SOLUSD