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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%
Price spread now: Hyperliquid against Bluefin+0.110%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.633%+$63 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.110% dearer against Bluefin than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SOL-PERP118.850.0100pay 0.0013% / 1h29m 25s$38K$14K25x
ShortHyperliquid SOL118.980.0100get 0.0013% / 1h29m 25s$718.7M$436.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.110% → 0.000%
$11.02
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$4.98
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bluefin: no order-book sample; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bluefin no order-book sample
Sell Hyperliquid live order book, 5 min ago0.42 bp4.9 bp −$55.4 bp −$549.9 bp −$991doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SOL-PERP−0.0096%1h118.89+0.031%$731K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.05+0.172%$844$8K25xas long as short
Aftermath Perps SOLUSD−0.0063%1h119.09+0.203%$24K$48K20xas long as short
dYdX SOL-USD−0.0018%1h119.10+0.211%$4.9M$26.4M20xas long as short
Derive SOL-PERP−0.0001%1h118.80−0.042%$1.9M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.88+0.028%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.21+0.308%$1.2M$21.0M3.1xas long as short
Perpl SOL0.0000%43m119.00+0.130%$196K$4.1M8.3xas long as short
01 Exchange SOLUSD+0.0024%1h118.98+0.110%$105K$148K20xas long as short
HTX SOL-USDT+0.0052%8h119.18+0.279%$232.3M$43.1M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0055%8h118.87+0.020%$1.1M$5.8M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0061%1h119.13+0.240%$26.7M$27.8M50xas long as short
KuCoin SOLUSDTM+0.0066%8h118.86+0.008%$136.6M$182.8M75xas long as short
Gate SOL_USDT+0.0078%8h118.91+0.051%$857.9M$674.8M100xas long as short
Bitget SOLUSDT+0.0080%8h118.86+0.008%$497.2M$448.1M100xas long as short
Lighter SOL+0.0096%1h119.02+0.141%$13.4M$51.3M25xas long as short
Lighter RH SOL+0.0096%1h119.00+0.127%$2.1M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h118.86+0.008%$353K$749K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h119.02+0.144%$1.0M$504K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.06+0.178%$48K$778K20xas long as short
Nado SOL-PERP+0.0100%1h118.83−0.016%$5.6M$40.2M40xas long as short
Hyperliquid SOLshort+0.0100%1h118.98+0.110%$718.7M$436.9M20x
Aster SOLUSDT+0.0100%8h119.03+0.154%$179.6M$172.9M100xas long as short
Pacifica SOL+0.0100%1h119.05+0.168%$13.4M$109.6M20xas long as short
Binance SOLUSDT+0.0100%8h118.84−0.004%$975.4M$3.72B100xas long as short
Bybit SOLUSDT+0.0100%8h118.86+0.009%$819.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.84−0.008%$366.8M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.98+0.110%$234K$858K10xas long as short
Arcus SOL-USD+0.0100%1h119.11+0.220%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.26+0.343%$133.2M$15.2M20xas long as short
MEXC SOL_USDT+0.0100%8h118.86+0.009%$479.3M$1.05B300xas long as short
BingX SOL-USDT+0.0100%8h118.86+0.010%$367.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.06+0.178%$24.4M$37.7M50xas long as short
Variational Omni SOL+0.0100%8h119.18+0.281%$27.8M$120.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.14+0.248%$95.7M$393.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.22+0.309%$48.8M$33.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.02+0.144%$1.5M$6.3M50xas long as short
StandX SOL-USD+0.0100%1h119.16+0.262%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.88+0.026%$360K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.08+0.198%$200K$1.8M20xas long as short
Bluefin SOL-PERPlong+0.0100%1h118.85long leg$38K$14K25x
SunX SOL-USDT+0.0100%8h119.21+0.305%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.06+0.178%$6.2M$10.9M20xas long as short
Phemex SOLUSDT+0.0100%8h119.08+0.194%$46.5M$98.5M50xas long as short
Extended SOL-USD+0.0104%1h118.83−0.014%$8.7M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0104%1h119.10+0.210%$8.1M$409.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.09+0.202%$216.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0131%1h119.09+0.200%$36.4M$90.8M100xas long as short
Hibachi SOL/USDT-P+0.0136%1h119.14+0.248%$122K$590K20xas long as short
Phoenix SOL+0.0149%1h119.25+0.337%$7.3M$11.3M25xas long as short
RISEx SOL/USDC+0.0160%1h119.08+0.191%$1.6M$6.5M20xas long as short
Reya SOLRUSDPERP+0.0181%1h118.86+0.012%$1.1M$553K25xas long as short
BloFin SOL-USDT+0.0220%8h119.14+0.245%$51.5M$89.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0181%1h118.88+0.023%$3.5M200xas long as short
Injective SOL/USDC PERP+0.0533%1h118.29−0.470%$4K$2K12xas long as short