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 0.000%

Price spread now: BloFin against Bluefin−0.001%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bluefin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.831%+$83 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), 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	Bluefin SOL-PERP	119.81	0.0100	pay 0.0013% / 1h	52m 57s	$37K	$17K	25x
Short	BloFin SOL-USDT	119.81	0.0220	get 0.0220% / 8h	52m 57s	$52.1M	$84.5M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bluefin. 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 BluefinbpFee BloFinbpOrdersPrice spread, now −0.001%Rate

Funding earned: $25.2
Price spread: −0.001% → 0.000%: −$0.08
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $6.12
Costs to cover: 0.190%
Break-even: 5.3 days

Slippage unknown: Bluefin: no order-book sample; BloFin: live order book, 6 min ago. Net counts fees only.

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 Bluefin no order-book sample	—	—	—	—	—
Sell BloFin live order book, 6 min ago	0.42 bp	6.4 bp −$6	6.4 bp −$64	8.0 bp −$805	12.6 bp −$6,280

Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff SOL-PERP	−0.0080%	1h	119.77	−0.033%	$849	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.77	−0.036%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0052%	1h	119.71	−0.085%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.81	−0.001%	$116K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.85	+0.035%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.84	+0.024%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.85	+0.033%	$178K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0053%	1h	119.85	+0.032%	$26.8M	$26.1M	50x	as long as short
ApeX Omni SOLUSDT	+0.0053%	1h	119.48	−0.276%	$1.5M	$6.2M	50x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	119.90	+0.074%	$105K	$157K	20x	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	+0.0071%	8h	119.81	−0.005%	$1.1M	$5.9M	100x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.79	−0.015%	—	$371.1M	—	as long as short
HTX SOL-USDT	+0.0087%	8h	119.78	−0.023%	$233.2M	$45.1M	75x	as long as short
Gate SOL_USDT	+0.0089%	8h	119.80	−0.009%	$873.8M	$673.4M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.81	+0.003%	$13.7M	$55.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.79	−0.014%	$2.2M	$16.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	119.81	+0.003%	$122K	$639K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.76	−0.039%	$355K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.85	+0.035%	$8.3M	$419.4M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.77	−0.034%	$1.1M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.84	+0.024%	$46K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.89	+0.062%	$6.1M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.92	+0.091%	$725.7M	$409.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.83	+0.016%	$179.4M	$175.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.86	+0.042%	$12.4M	$119.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.78	−0.030%	$987.0M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.78	−0.026%	$832.9M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.75	−0.051%	$374.1M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.78	−0.026%	$234K	$876K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.91	+0.081%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.35	−0.385%	$133.8M	$7.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.77	−0.034%	$456.3M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.78	−0.030%	$140.1M	$203.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.78	−0.025%	$498.8M	$456.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.84	+0.024%	$24.3M	$37.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.52	−0.244%	$27.4M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.65	−0.134%	$96.1M	$401.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.76	−0.043%	$49.0M	$31.2M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.77	−0.034%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.84	+0.024%	$371K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.81	−0.002%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERPlong	+0.0100%	1h	119.81	long leg	$37K	$17K	25x
SunX SOL-USDT	+0.0100%	8h	119.86	+0.044%	$195K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.81	−0.001%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.84	+0.024%	$46.8M	$102.4M	50x	as long as short
Phoenix SOL	+0.0100%	1h	119.58	−0.193%	$6.6M	$13.7M	25x	as long as short
Aftermath Perps SOLUSD	+0.0102%	1h	119.57	−0.200%	$24K	$47K	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.76	−0.045%	$8.7M	$35.9M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0104%	1h	119.81	−0.002%	$32.7M	$97.0M	100x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.84	+0.025%	—	$224.5M	500x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.02	−0.660%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.82	+0.006%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDTshort	+0.0220%	8h	119.81	−0.001%	$52.1M	$84.5M	125x
RISEx SOL/USDC	+0.0226%	1h	119.92	+0.095%	$1.7M	$5.3M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0241% / S −0.0186%	1h	119.81	+0.001%	$3.8M	—	200x	as long as short