Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against BloFin−0.080%65s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as 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−$300.303% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 3 days (all we have)+0.247%+$25 · spread now −0.080%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.090% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 65 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 | BloFin SOL-USDT | 119.49 | 0.0220 | pay 0.0220% / 8h | 1h 34m | $52.2M | $82.9M | 125x |
| Short | KuCoin SOLUSDTM | 119.39 | 0.0100 | get 0.0100% / 8h | 1h 34m | $141.1M | $200.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$25.2
- Price spread: −0.080% → +0.011%
- −$9.05
- Slippage, 4 orders
- −$6.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$64.57
- Costs to cover
- 0.303%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 5 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 BloFin live order book, 5 min ago | 0.42 bp | 6.4 bp −$6 | 6.4 bp −$64 | 9.0 bp −$896 | 15.7 bp −$7,870 |
| Sell KuCoin live order book, 5 min ago | 0.33 bp | 7.7 bp −$8 | 11.2 bp −$112 | 15.3 bp −$1,531 | 28.9 bp −$14.5K |
SOL on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0222% | 1h | 119.39 | −0.086% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0095% | 1h | 119.29 | −0.167% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.46 | −0.023% | $847 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0062% | 1h | 119.27 | −0.185% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.40 | −0.074% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.39 | −0.081% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.39 | −0.084% | $1.2M | $20.6M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.34 | −0.124% | $181K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0024% | 1h | 119.53 | +0.030% | $120K | $611K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.38 | −0.092% | $6.6M | $13.6M | 25x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 119.39 | −0.080% | $1.1M | $5.9M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0071% | 1h | 119.49 | −0.002% | $24K | $47K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.34 | −0.121% | — | $10.5M | — | as long as short |
| HTX SOL-USDT | +0.0081% | 8h | 119.31 | −0.149% | $232.4M | $44.7M | 75x | as long as short |
| Gate SOL_USDT | +0.0083% | 8h | 119.36 | −0.109% | $870.8M | $681.6M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0085% | 1h | 119.45 | −0.036% | $26.7M | $27.6M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.39 | −0.084% | $13.6M | $55.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.37 | −0.099% | $2.1M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 119.31 | −0.151% | $104K | $153K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.38 | −0.093% | $354K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.37 | −0.104% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.30 | −0.159% | $47K | $794K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.37 | −0.103% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.49 | 0.000% | $719.5M | $415.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.37 | −0.099% | $178.7M | $176.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.44 | −0.045% | $12.4M | $117.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.39 | −0.084% | $987.5M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.41 | −0.067% | $824.7M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.38 | −0.092% | $371.5M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.28 | −0.176% | $234K | $885K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.40 | −0.078% | $2.0M | $8.9M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.39 | −0.084% | $451.7M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTMshort | +0.0100% | 8h | 119.39 | −0.080% | $141.1M | $200.4M | 75x | |
| Bitget SOLUSDT | +0.0100% | 8h | 119.39 | −0.080% | $496.0M | $455.1M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.43 | −0.050% | $24.1M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.41 | −0.066% | $27.9M | $128.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.50 | +0.008% | $96.0M | $399.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.44 | −0.042% | $48.9M | $31.9M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.56 | +0.059% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.50 | +0.008% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.26 | −0.192% | $365K | $2.3M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.27 | −0.184% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.41 | −0.063% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.39 | −0.084% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.35 | −0.117% | $46.6M | $101.9M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.75 | +0.216% | $134.3M | $8.4M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.37 | −0.103% | $8.7M | $36.3M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.43 | −0.053% | $8.2M | $415.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.40 | −0.077% | — | $222.6M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.42 | −0.056% | $32.7M | $95.6M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0086% | 1h | 119.38 | −0.089% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.25 | −0.199% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.36 | −0.111% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.13 | −0.301% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDTlong | +0.0220% | 8h | 119.49 | long leg | $52.2M | $82.9M | 125x |
BloFin SOL-USDT
KuCoin SOLUSDTM
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
Aftermath Perps SOLUSD
BingX SOL-USDC
HTX SOL-USDT
Gate SOL_USDT
Deribit SOL_USDC-PERPETUAL
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
MEXC SOL_USDT
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
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP