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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRnext payment $0.03 per $10,000 · paid last 24h −0.041%
Price spread now: Kraken Futures against Bluefin+0.053%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+0.689%+$69 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.053% dearer against Bluefin than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.689%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SOL-PERP116.520.0100pay 0.0013% / 1h46m 17s$25K$29K25x
ShortKraken Futures PF_SOLUSD116.590.0075get 0.0009% / 1h46m 17s$31.0M$100.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$5.2
Price spread: +0.053% → 0.000%
$5.3
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$16.89
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bluefin: no order-book sample; Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago1.29 bp7.0 bp −$79.7 bp −$9714.5 bp −$1,44525.5 bp −$12.7K
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−0.0086%1h116.48−0.036%$602K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.51−0.009%$911$8K25xas long as short
Hibachi SOL/USDT-P−0.0040%1h116.49−0.027%$103K$700K20xas long as short
Derive SOL-PERP−0.0016%1h116.49−0.031%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.55+0.022%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.52−0.001%$1.4M$18.7M3.1xas long as short
dYdX SOL-USD0.0000%1h116.55+0.021%$4.4M$24.2M20xas long as short
01 Exchange SOLUSD+0.0032%1h116.56+0.031%$99K$169K20xas long as short
ApeX Omni SOLUSDT+0.0037%1h116.55+0.022%$1.3M$6.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.59+0.060%$7.6M$404.3M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSDshort+0.0075%1h116.59+0.053%$31.0M$100.3M100x
Orderly PERP_SOL_USDC+0.0091%8h116.57+0.039%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.53+0.003%$13.0M$59.7M25xas long as short
Lighter RH SOL+0.0096%1h116.55+0.025%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.56+0.032%$342K$236K20xas long as short
Katana Perps SOL-USD+0.0098%8h116.50−0.021%$50K$866K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.62+0.084%$988K$534K50xas long as short
Nado SOL-PERP+0.0100%1h116.52−0.003%$5.5M$39.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.63+0.091%$706.3M$395.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.53+0.006%$175.1M$182.1M100xas long as short
Pacifica SOL+0.0100%1h116.58+0.046%$15.7M$129.8M20xas long as short
Binance SOLUSDT+0.0100%8h116.54+0.014%$963.1M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.50−0.021%$791.6M$1.33B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.57+0.039%$365.6M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.37−0.132%$232K$849K10xas long as short
Arcus SOL-USD+0.0100%1h116.53+0.008%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.115%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.51−0.012%$845.0M$654.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.55+0.022%$416.7M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.51−0.013%$126.2M$216.7M75xas long as short
Bitget SOLUSDT+0.0100%8h116.54+0.010%$478.8M$441.0M100xas long as short
BingX SOL-USDT+0.0100%8h116.52−0.003%$364.8Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.49−0.029%$23.2M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h116.54+0.018%$24.4M$114.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.520.000%$93.5M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.48−0.036%$47.6M$29.4M20xas long as short
StandX SOL-USD+0.0100%1h116.52−0.003%$1.3M$13.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.53+0.005%$322K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.54+0.011%$149K$1.6M20xas long as short
Bluefin SOL-PERPlong+0.0100%1h116.52long leg$25K$29K25x
SunX SOL-USDT+0.0100%8h116.58+0.048%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.58+0.048%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.38−0.123%$225.9M$46.4M75xas long as short
Phemex SOLUSDT+0.0100%8h116.52−0.003%$45.5M$101.3M50xas long as short
Extended SOL-USD+0.0104%1h116.52+0.001%$7.9M$36.6M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0104%1h116.63+0.088%$26.3M$25.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.57+0.035%$228.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h116.56+0.031%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.57+0.039%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.49−0.031%$1.1M$539K25xas long as short
BloFin SOL-USDT+0.0220%8h116.46−0.055%$51.6M$71.8M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.54+0.012%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.54+0.011%$140K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0495%1h116.63+0.094%$25K$51K20xas long as short
RISEx SOL/USDC+0.0559%1h116.61+0.076%$1.9M$4.9M20xas long as short