Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.035%

Price spread now: StandX against BloFin−0.008%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on BloFin Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.161%−$16 on $10k

Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.008%, 7d avg +0.005%

Together, before fees−0.096%+ Points / potential airdropStandX: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SOL-USDT	118.59	0.0220	pay 0.0220% / 8h	4m 17s	$51.8M	$80.0M	125x
Short	StandX SOL-USD	118.58	0.0100	get 0.0013% / 1h	4m 17s	$1.3M	$13.6M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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

Position, each leg$Hold fordaysFee BloFinbpFee StandXbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$25.2
Price spread: −0.008% → +0.005%: −$1.33
Slippage, 4 orders: −$10.04
Fee BloFin: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$56.57
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; StandX: 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	8.4 bp −$844	17.6 bp −$8,787
Sell StandX live order book, 5 min ago	3.79 bp	8.6 bp −$9	9.2 bp −$92	doesn't fit	doesn't fit

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
Derive SOL-PERP	−0.0100%	1h	118.68	+0.079%	$2.0M	$2.8M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.66	+0.061%	$841	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	118.67	+0.063%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0019%	1h	118.70	+0.092%	$4.8M	$28.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.79	+0.167%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.65	+0.051%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.76	+0.141%	$175K	$3.9M	8.3x	as long as short
ApeX Omni SOLUSDT	+0.0007%	1h	118.55	−0.034%	$1.5M	$6.1M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0064%	1h	118.81	+0.183%	$26.6M	$25.7M	50x	as long as short
Gate SOL_USDT	+0.0065%	8h	118.76	+0.143%	$860.0M	$689.3M	100x	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	+0.0077%	8h	118.78	+0.162%	$1.0M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0078%	8h	118.69	+0.083%	$230.7M	$45.1M	75x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	118.78	+0.160%	$104K	$158K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.72	+0.109%	—	$10.6M	—	as long as short
Hibachi SOL/USDT-P	+0.0088%	1h	118.58	−0.010%	$122K	$641K	20x	as long as short
Lighter SOL	+0.0096%	1h	118.75	+0.137%	$13.4M	$56.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.74	+0.129%	$2.1M	$17.1M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.79	+0.168%	$352K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.79	+0.172%	$8.1M	$416.4M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.72	+0.109%	$1.0M	$521K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.73	+0.118%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.76	+0.144%	$5.8M	$40.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.88	+0.245%	$718.9M	$407.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.76	+0.146%	$178.4M	$177.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.75	+0.139%	$12.2M	$122.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.77	+0.152%	$979.9M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.81	+0.186%	$823.7M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.77	+0.152%	$370.8M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.44	−0.126%	$230K	$871K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.78	+0.164%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.65	+0.048%	$133.6M	$4.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.78	+0.160%	$426.5M	$1.14B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.77	+0.154%	$137.4M	$206.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.77	+0.154%	$492.8M	$458.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.81	+0.186%	$24.1M	$38.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.48	−0.094%	$27.0M	$128.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.60	+0.007%	$95.3M	$403.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.64	+0.042%	$48.6M	$30.8M	20x	as long as short
StandX SOL-USDshort	+0.0100%	1h	118.58	−0.008%	$1.3M	$13.6M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	118.76	+0.143%	$361K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.76	+0.146%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.76	+0.147%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.76	+0.140%	$192K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.75	+0.135%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.75	+0.135%	$46.5M	$102.5M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.64	+0.042%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.73	+0.121%	$8.6M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	118.76	+0.145%	$32.6M	$97.1M	100x	as long as short
Aftermath Perps SOLUSD	+0.0116%	1h	118.64	+0.045%	$24K	$47K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.70	+0.089%	—	$225.7M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0166% / S −0.0070%	1h	118.78	+0.157%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	118.66	+0.059%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0185%	1h	118.74	+0.127%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDTlong	+0.0220%	8h	118.59	long leg	$51.8M	$80.0M	125x
RISEx SOL/USDC	+0.0226%	1h	118.75	+0.137%	$1.8M	$4.8M	20x	as long as short