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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.037%
Price spread now: Bullet against BloFin+0.049%48s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.110%−$11 on $10k
Price spread, last 3 days (all we have)+0.188%+$19 · spread now +0.049%, 7d avg −0.001%
Together, before fees+0.078%+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bullet is 0.050% dearer against BloFin than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.001%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 34 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT118.670.0220pay 0.0220% / 8h2h 43m$51.7M$87.0M125x
ShortBullet SOL-USD118.730.0100get 0.0013% / 1h43m 42s$200K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against BloFin. 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: +0.049% → −0.001%
$5.03
Slippage, 4 orders
−$4.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$44.78
Costs to cover
0.246%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Bullet: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago0.42 bp6.4 bp −$66.8 bp −$689.1 bp −$91419.3 bp −$9,672
Sell Bullet live order book, just now0.38 bp6.5 bp −$79.8 bp −$98doesn't fitdoesn't fit

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%1h118.89+0.185%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.65−0.014%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h118.64−0.025%$841$8K25xas long as short
Vest SOL-PERP−0.0080%1h118.68+0.009%$724K20xas long as short
Aftermath Perps SOLUSD−0.0046%1h118.86+0.158%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.76+0.072%$48K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.72+0.045%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.69+0.014%$179K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h118.87+0.165%$4.9M$26.8M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0053%1h118.78+0.092%$26.6M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0059%8h118.74+0.057%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.75+0.067%$104K$153K20xas long as short
HTX SOL-USDT+0.0072%8h118.65−0.021%$231.2M$43.6M75xas long as short
ApeX Omni SOLUSDT+0.0074%1h118.90+0.194%$1.5M$6.2M50xas long as short
Gate SOL_USDT+0.0084%8h118.83+0.135%$858.4M$677.1M100xas long as short
KuCoin SOLUSDTM+0.0094%8h118.85+0.153%$143.7M$196.5M75xas long as short
Lighter SOL+0.0096%1h118.83+0.134%$13.4M$53.2M25xas long as short
Lighter RH SOL+0.0096%1h118.82+0.124%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.70+0.026%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.81+0.120%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.71+0.034%$45K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.65−0.021%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.92+0.211%$717.0M$424.8M20xas long as short
Aster SOLUSDT+0.0100%8h118.82+0.126%$179.1M$173.6M100xas long as short
Pacifica SOL+0.0100%1h118.86+0.159%$12.4M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.83+0.136%$971.4M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.84+0.145%$819.5M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.81+0.118%$370.2M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.65−0.017%$233K$860K10xas long as short
Arcus SOL-USD+0.0100%1h118.89+0.183%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.178%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.82+0.126%$465.9M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.84+0.146%$496.0M$448.8M100xas long as short
BingX SOL-USDC+0.0100%8h118.80+0.106%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.75+0.067%$24.3M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h118.85+0.148%$27.6M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.91+0.202%$95.5M$397.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.83+0.134%$48.6M$33.0M20xas long as short
StandX SOL-USD+0.0100%1h118.88+0.177%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.73+0.051%$365K$2.4M20xas long as short
Bullet SOL-USDshort+0.0100%1h118.73+0.049%$200K$1.7M20x
Bluefin SOL-PERP+0.0100%1h118.71+0.031%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.73+0.055%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.70+0.025%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.73+0.051%$46.3M$99.8M50xas long as short
Extended SOL-USD+0.0104%1h118.82+0.127%$8.6M$37.2M50xas long as short
Hibachi SOL/USDT-P+0.0112%1h118.77+0.086%$123K$606K20xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.76+0.076%$8.0M$413.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.69+0.020%$217.8M500xas long as short
Phoenix SOL+0.0154%1h118.92+0.211%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.75+0.068%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h118.76+0.075%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.73+0.049%$1.1M$557K25xas long as short
BloFin SOL-USDTlong+0.0220%8h118.67long leg$51.7M$87.0M125x
Kraken Futures PF_SOLUSD+0.0224%1h118.74+0.057%$36.0M$89.8M100xas long as short