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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.036%
Price spread now: Katana Perps against Bluefin0.000%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SOL-PERP119.280.0077pay 0.0010% / 1h12m 05s$37K$17K25x
ShortKatana Perps SOL-USD119.280.0100get 0.0100% / 8h7h 12m$46K$799K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
$4.75
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$6.05
Costs to cover
0.108%
Break-even
15.9 days
Slippage unknown: Bluefin: no order-book sample; Katana Perps: 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 Katana Perps no order-book sample
Bluefin and Katana Perps: 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−0.0082%1h119.20−0.067%$2.0M$2.7M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.21−0.056%$932$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.19−0.076%$608K20xas long as short
Hibachi SOL/USDT-P−0.0032%1h119.22−0.054%$109K$670K20xas long as short
dYdX SOL-USD−0.0019%1h119.21−0.058%$4.9M$25.8M20xas long as short
HTX SOL-USDT−0.0019%8h119.21−0.055%$231.9M$44.2M75xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.27−0.010%$32.4M$97.6M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.32+0.034%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.22−0.048%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.28−0.001%$125K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.33+0.042%$104K$160K20xas long as short
Bluefin SOL-PERPlong+0.0077%1h119.28long leg$37K$17K25x
BingX SOL-USDC+0.0080%8h119.26−0.013%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h119.30+0.013%$1.1M$5.9M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0087%1h119.33+0.040%$26.7M$24.8M50xas long as short
Gate SOL_USDT+0.0088%8h119.22−0.050%$856.4M$672.0M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.30+0.017%$8.1M$410.6M50xas long as short
Lighter SOL+0.0096%1h119.27−0.008%$14.0M$56.6M25xas long as short
Lighter RH SOL+0.0096%1h119.22−0.051%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.27−0.012%$349K$253K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.20−0.071%$1.0M$520K50xas long as short
Katana Perps SOL-USDshort+0.0100%8h119.280.000%$46K$799K20x
Nado SOL-PERP+0.0100%1h119.280.000%$6.1M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.34+0.050%$729.7M$398.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.27−0.007%$180.3M$176.8M100xas long as short
Pacifica SOL+0.0100%1h119.22−0.049%$12.3M$125.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.24−0.034%$981.8M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.29+0.008%$828.6M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.21−0.059%$373.0M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.09−0.159%$233K$833K10xas long as short
Arcus SOL-USD+0.0100%1h119.22−0.050%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.76−0.438%$137.0M$12.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.23−0.042%$433.4M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.28−0.001%$139.0M$203.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.25−0.029%$494.7M$438.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.25−0.025%$24.1M$36.7M50xas long as short
Variational Omni SOL+0.0100%8h119.18−0.087%$24.9M$130.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.20−0.067%$95.7M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.28+0.003%$48.8M$29.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.26−0.017%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h119.18−0.084%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.280.000%$362K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.30+0.020%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.25−0.022%$194K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.27−0.008%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.25−0.025%$46.7M$99.7M50xas long as short
Extended SOL-USD+0.0104%1h119.23−0.043%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.10−0.151%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.15−0.105%$226.5M500xas long as short
RISEx SOL/USDC+0.0161%1h119.24−0.036%$1.8M$4.5M20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.226%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h119.23−0.039%$1.1M$524K25xas long as short
Aftermath Perps SOLUSD+0.0208%1h119.20−0.063%$25K$51K20xas long as short
BloFin SOL-USDT+0.0220%8h119.17−0.092%$51.9M$74.8M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h119.32+0.031%$3.7M200xas long as short