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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.043%
Price spread now: Gate against BloFin−0.017%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.282%−$28 on $10k
Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.017%, 7d avg +0.004%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.021% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT116.670.0220pay 0.0220% / 8h4h 05m$51.9M$67.6M125x
ShortGate SOL_USDT116.650.0100get 0.0100% / 8h4h 05m$841.0M$666.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.017% → +0.004%
−$2.07
Slippage, 4 orders
−$2.7
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$56.96
Costs to cover
0.297%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; Gate: live order book, 4 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 BloFin live order book, 4 min ago0.43 bp6.4 bp −$66.7 bp −$678.3 bp −$83016.3 bp −$8,142
Sell Gate live order book, 4 min ago0.43 bp7.9 bp −$811.0 bp −$11016.4 bp −$1,64228.9 bp −$14.5K

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
Hibachi SOL/USDT-P−0.0160%1h116.68+0.008%$103K$698K20xas long as short
Vest SOL-PERP−0.0097%1h116.62−0.040%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.65−0.019%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.68+0.007%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.69+0.018%$1.5M$18.6M3.1xas long as short
dYdX SOL-USD+0.0002%1h116.69+0.016%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0031%1h116.61−0.055%$1.9M$2.9M13xas long as short
01 Exchange SOLUSD+0.0056%1h116.70+0.026%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.670.000%$7.4M$403.9M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.68+0.007%$31.0M$100.0M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0092%8h116.68+0.009%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.67−0.001%$13.0M$60.2M25xas long as short
Lighter RH SOL+0.0096%1h116.66−0.013%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.67+0.001%$347K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.65−0.017%$50K$871K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.75+0.065%$1.0M$549K50xas long as short
Nado SOL-PERP+0.0100%1h116.66−0.008%$5.4M$39.8M40xas long as short
Hyperliquid SOL+0.0100%1h116.74+0.060%$704.9M$394.2M20xas long as short
Aster SOLUSDT+0.0100%8h116.64−0.022%$174.6M$182.4M100xas long as short
Pacifica SOL+0.0100%1h116.70+0.029%$15.7M$129.9M20xas long as short
Binance SOLUSDT+0.0100%8h116.68+0.009%$970.5M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.63−0.034%$781.4M$1.35B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.68+0.009%$368.9M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.61−0.051%$231K$833K10xas long as short
Arcus SOL-USD+0.0100%1h116.70+0.030%$927K$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.65−0.018%$134.0M$22.4M20xas long as short
Gate SOL_USDTshort+0.0100%8h116.65−0.017%$841.0M$666.2M100x
MEXC SOL_USDT+0.0100%8h116.66−0.009%$375.0M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.66−0.007%$129.0M$220.6M75xas long as short
Bitget SOLUSDT+0.0100%8h116.64−0.022%$479.2M$440.9M100xas long as short
BingX SOL-USDC+0.0100%8h116.61−0.050%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.66−0.009%$23.2M$38.9M50xas long as short
Variational Omni SOL+0.0100%8h116.60−0.056%$24.5M$113.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65−0.018%$93.6M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.66−0.009%$47.7M$30.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.70+0.030%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.64−0.026%$1.3M$12.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.66−0.009%$320K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.67−0.002%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.66−0.007%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.68+0.007%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.670.000%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.63−0.031%$226.3M$47.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.68+0.009%$45.7M$102.0M50xas long as short
Extended SOL-USD+0.0104%1h116.62−0.045%$8.2M$37.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.69+0.017%$231.3M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0137%1h116.73+0.049%$26.3M$23.7M50xas long as short
Injective SOL/USDC PERP+0.0137%1h116.72+0.043%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.71+0.034%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.64−0.025%$1.1M$541K25xas long as short
BloFin SOL-USDTlong+0.0220%8h116.67long leg$51.9M$67.6M125x
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.68+0.006%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.68+0.009%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0526%1h116.75+0.071%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.77+0.082%$1.9M$4.8M20xas long as short