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+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.126%
Price spread now: Injective against Bluefin+0.195%59s7-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+0.664%+$66 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 0.195% dearer against Bluefin than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SOL-PERP118.680.0100pay 0.0013% / 1h7m 47s$37K$17K25x
ShortInjective SOL/USDC PERP118.910.0170get 0.0021% / 1h7m 47s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$14.77
Price spread: +0.195% → 0.000%
$19.55
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$27.3
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Bluefin: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
Bluefin and Injective: 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
Derive SOL-PERP−0.0100%1h118.62−0.046%$2.0M$2.8M13xas long as short
Hotstuff SOL-PERP−0.0080%1h118.64−0.035%$841$8K25xas long as short
Vest SOL-PERP−0.0077%1h118.61−0.061%$723K20xas long as short
dYdX SOL-USD−0.0020%1h118.67−0.004%$4.8M$28.0M20xas long as short
ApeX Omni SOLUSDT−0.0014%1h118.53−0.126%$1.5M$6.2M50xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.72+0.035%$113K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.68+0.006%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.65−0.027%$175K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0048%1h118.75+0.063%$26.6M$25.7M50xas long as short
Gate SOL_USDT+0.0069%8h118.67−0.007%$866.0M$687.5M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0076%8h118.72+0.033%$1.0M$5.9M100xas long as short
HTX SOL-USDT+0.0078%8h118.62−0.046%$230.9M$45.1M75xas long as short
01 Exchange SOLUSD+0.0080%1h118.72+0.035%$104K$158K20xas long as short
BingX SOL-USDT+0.0080%8h118.67−0.006%$372.7Mas long as short
Lighter SOL+0.0096%1h118.62−0.051%$13.4M$56.6M25xas long as short
Lighter RH SOL+0.0096%1h118.61−0.056%$2.1M$17.1M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h118.68+0.006%$120K$631K20xas long as short
Aevo SOL-PERP+0.0096%1h118.70+0.022%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.73+0.048%$8.1M$416.1M50xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.66−0.016%$1.0M$521K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.67−0.007%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.61−0.053%$5.7M$40.9M40xas long as short
Hyperliquid SOL+0.0100%1h118.75+0.061%$718.1M$407.2M20xas long as short
Aster SOLUSDT+0.0100%8h118.66−0.012%$178.4M$177.2M100xas long as short
Pacifica SOL+0.0100%1h118.67−0.004%$12.2M$122.3M20xas long as short
Binance SOLUSDT+0.0100%8h118.62−0.045%$978.2M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.67−0.007%$822.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.63−0.040%$370.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.55−0.108%$229K$877K10xas long as short
Arcus SOL-USD+0.0100%1h118.68+0.002%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.65−0.026%$133.6M$4.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.68+0.002%$426.7M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.68+0.005%$137.9M$206.4M75xas long as short
Bitget SOLUSDT+0.0100%8h118.62−0.048%$492.1M$458.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.73+0.044%$24.1M$38.6M50xas long as short
Variational Omni SOL+0.0100%8h118.48−0.169%$26.9M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h118.54−0.115%$95.2M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.48−0.164%$48.5M$30.8M20xas long as short
StandX SOL-USD+0.0100%1h118.62−0.049%$1.3M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.68+0.002%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.69+0.013%$200K$1.7M20xas long as short
Bluefin SOL-PERPlong+0.0100%1h118.68long leg$37K$17K25x
SunX SOL-USDT+0.0100%8h118.63−0.044%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.70+0.019%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.72+0.035%$46.4M$102.4M50xas long as short
Phoenix SOL+0.0100%1h118.69+0.010%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.68−0.001%$8.6M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.72+0.034%$32.5M$97.0M100xas long as short
Aftermath Perps SOLUSD+0.0118%1h118.64−0.029%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.66−0.015%$226.0M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0167% / S −0.0070%1h118.71+0.024%$3.7M200xas long as short
Injective SOL/USDC PERPshort+0.0170%1h118.91+0.195%$4K$2K12x
Reya SOLRUSDPERP+0.0184%1h118.67−0.010%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.63−0.040%$51.8M$80.0M125xas long as short
RISEx SOL/USDC+0.0226%1h118.66−0.019%$1.8M$4.9M20xas long as short