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 −0.044%
Price spread now: OKX against BloFin−0.077%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.253%−$25 on $10k
Price spread, last 4 days (all we have)+0.297%+$30 · spread now −0.077%, 7d avg −0.007%
Together, before fees+0.044%+$4 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 OKX is 0.070% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT116.670.0220pay 0.0220% / 8h4h 50m$51.9M$71.9M125x
ShortOKX SOL-USDT-SWAP116.580.0100get 0.0100% / 8h4h 50m$364.7M$1.66B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.077% → −0.007%
−$7.01
Slippage, 4 orders
−$2.34
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$56.55
Costs to cover
0.243%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; OKX: 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 BloFin live order book, 3 min ago0.43 bp7.1 bp −$77.3 bp −$739.1 bp −$90616.6 bp −$8,291
Sell OKX live order book, 3 min ago0.43 bp5.4 bp −$55.8 bp −$589.9 bp −$99421.6 bp −$10.8K

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
Hotstuff SOL-PERP−0.0080%1h116.59−0.072%$912$8K25xas long as short
Vest SOL-PERP−0.0080%1h116.58−0.076%$602K20xas long as short
Hibachi SOL/USDT-P−0.0016%1h116.71+0.035%$103K$700K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.63−0.034%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.56−0.094%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.64−0.029%$1.4M$18.7M3.1xas long as short
Derive SOL-PERP+0.0012%1h116.56−0.096%$1.9M$2.8M13xas long as short
ApeX Omni SOLUSDT+0.0017%1h116.69+0.017%$1.7M$6.0M50xas long as short
01 Exchange SOLUSD+0.0040%1h116.63−0.034%$99K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.66−0.009%$7.6M$404.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.65−0.019%$30.8M$100.1M100xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.61−0.047%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.57−0.085%$13.0M$59.6M25xas long as short
Lighter RH SOL+0.0096%1h116.55−0.101%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.63−0.030%$342K$236K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.65−0.017%$1.0M$526K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.57−0.086%$48K$858K20xas long as short
Nado SOL-PERP+0.0100%1h116.59−0.066%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.79+0.103%$707.5M$395.1M20xas long as short
Aster SOLUSDT+0.0100%8h116.71+0.032%$175.3M$181.9M100xas long as short
Pacifica SOL+0.0100%1h116.65−0.017%$15.5M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.57−0.086%$963.4M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.52−0.132%$792.5M$1.33B100xas long as short
OKX SOL-USDT-SWAPshort+0.0100%8h116.58−0.077%$364.7M$1.66B100x
Ondo Perps SOL-USD.P+0.0100%1h116.61−0.051%$232K$848K10xas long as short
Arcus SOL-USD+0.0100%1h116.63−0.032%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66−0.011%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.72+0.043%$848.4M$652.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.73+0.051%$415.7M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.70+0.028%$126.4M$216.6M75xas long as short
Bitget SOLUSDT+0.0100%8h116.70+0.027%$481.8M$438.9M100xas long as short
BingX SOL-USDT+0.0100%8h116.71+0.033%$365.1Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.65−0.017%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.54−0.107%$24.4M$114.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65−0.017%$93.7M$396.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.72+0.039%$47.7M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h116.68+0.009%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.62−0.043%$331K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.63−0.031%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.60−0.058%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.62−0.041%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.64−0.026%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.58−0.075%$226.3M$46.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.65−0.017%$45.6M$101.2M50xas long as short
Extended SOL-USD+0.0104%1h116.68+0.013%$8.0M$36.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0120%1h116.69+0.016%$26.3M$25.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.61−0.055%$221.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.763%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.76+0.077%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.58−0.074%$1.1M$538K25xas long as short
BloFin SOL-USDTlong+0.0220%8h116.67long leg$51.9M$71.9M125x
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.65−0.017%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.63−0.036%$128K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0476%1h116.73+0.053%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.71+0.033%$1.9M$4.9M20xas long as short