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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0121%/8h= −13.3% APRnext payment $1.21 per $10,000 · paid last 24h −0.038%
Price spread now: Paradex against BloFin−0.027%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.123%−$12 on $10k
Price spread, last 3 days (all we have)+0.355%+$36 · spread now −0.027%, 7d avg +0.008%
Together, before fees+0.232%+ Points / potential airdropParadex: Active · farm board+$23 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 Paradex is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT119.050.0220pay 0.0220% / 8h2h 30m$51.7M$86.9M125x
ShortParadex SOL-USD-PERP119.020.0099get 0.0099% / 8h2h 30m$1.0M$524K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$25.41
Price spread: −0.027% → +0.008%
−$3.47
Slippage, 4 orders
−$6.05
Fee BloFin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$50.93
Costs to cover
0.220%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; Paradex: 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 ago0.42 bp6.4 bp −$66.4 bp −$648.1 bp −$80615.6 bp −$7,779
Sell Paradex live order book, 4 min ago1.76 bp3.8 bp −$48.8 bp −$88doesn'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%1h118.89−0.134%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h119.00−0.045%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0080%1h119.01−0.034%$724K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.00−0.040%$844$8K25xas long as short
Aftermath Perps SOLUSD−0.0002%1h119.03−0.021%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.02−0.027%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.05−0.003%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.08+0.023%$179K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.05−0.002%$4.9M$26.9M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0017%1h119.13+0.066%$26.7M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.08+0.028%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0062%8h118.96−0.078%$231.8M$43.6M75xas long as short
01 Exchange SOLUSD+0.0064%1h119.10+0.042%$104K$152K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.09+0.033%$122K$600K20xas long as short
ApeX Omni SOLUSDT+0.0067%1h118.91−0.118%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.00−0.040%$10.5Mas long as short
Gate SOL_USDT+0.0083%8h119.04−0.008%$869.3M$681.7M100xas long as short
Lighter SOL+0.0096%1h119.06+0.006%$13.4M$53.8M25xas long as short
Lighter RH SOL+0.0096%1h119.050.000%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.06+0.009%$354K$741K20xas long as short
Paradex SOL-USD-PERPshort+0.0099%8h119.02−0.027%$1.0M$524K50x
Katana Perps SOL-USD+0.0100%8h119.06+0.008%$46K$781K20xas long as short
Nado SOL-PERP+0.0100%1h119.05+0.003%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.15+0.088%$719.2M$414.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.05+0.003%$179.5M$174.7M100xas long as short
Pacifica SOL+0.0100%1h119.09+0.034%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.00−0.041%$972.8M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.08+0.029%$825.8M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.03−0.017%$370.9M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.08+0.025%$233K$872K10xas long as short
Arcus SOL-USD+0.0100%1h119.11+0.054%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.06+0.008%$474.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.06+0.004%$142.7M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.05+0.002%$496.9M$448.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.08+0.025%$24.4M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h119.00−0.041%$27.4M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.99−0.054%$95.6M$398.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.12+0.059%$48.8M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.08+0.025%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.06+0.008%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00−0.045%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.06+0.005%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.05−0.001%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.06+0.008%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.03−0.017%$46.5M$99.9M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.058%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.04−0.008%$8.7M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.11+0.054%$8.1M$414.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.08+0.026%$217.0M500xas long as short
Phoenix SOL+0.0154%1h119.06+0.008%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.10+0.042%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.05−0.003%$1.1M$557K25xas long as short
BloFin SOL-USDTlong+0.0220%8h119.05long leg$51.7M$86.9M125x
Kraken Futures PF_SOLUSD+0.0223%1h119.10+0.038%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.08+0.021%$3.6M200xas long as short