SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against Bybit−0.272%112s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.247% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.269%+$27 on $10k

Price spread, last 3 days (all we have)+0.172%+$17 · spread now −0.272%, 7d avg −0.005%

Together, before fees+0.442%+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.267% cheaper against Bybit than usual: you would sell low and buy high (spread −0.272% now, against its 7-day average of −0.005%). If the spread goes back, that is −$27 on $10k: about 7.4 days of funding at the current rate (+$4 a day). The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SOLUSDT	117.95	0.0100	pay 0.0100% / 8h	6h 53m	$820.7M	$1.28B	100x
Short	BloFin SOL-USDT	117.63	0.0220	get 0.0220% / 8h	6h 53m	$52.2M	$73.9M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.272%Rate

Funding earned: $25.2
Price spread: −0.272% → −0.005%: −$26.71
Slippage, 4 orders: −$1.69
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$26.2
Costs to cover: 0.247%
Break-even: 14.3 days

Slippage from Bybit: live order book, 6 min ago; BloFin: live order book, 11 min ago.

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 Bybit live order book, 6 min ago	0.42 bp	5.9 bp −$6	6.2 bp −$62	11.2 bp −$1,121	20.8 bp −$10.4K
Sell BloFin live order book, 11 min ago	0.42 bp	6.4 bp −$6	6.4 bp −$64	8.3 bp −$829	12.1 bp −$6,062

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
ApeX Omni SOLUSDT	−0.1080%	1h	118.05	+0.082%	$1.5M	$6.1M	50x	as long as short
Hibachi SOL/USDT-P	−0.0088%	1h	117.62	−0.279%	$92K	$705K	20x	as long as short
HTX SOL-USDT	−0.0081%	8h	117.66	−0.243%	$228.8M	$44.8M	75x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.56	−0.330%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0078%	1h	117.77	−0.150%	—	$610K	20x	as long as short
Derive SOL-PERP	−0.0050%	1h	117.58	−0.312%	$2.0M	$2.7M	13x	as long as short
Gate SOL_USDT	−0.0008%	8h	117.92	−0.026%	$851.5M	$649.4M	100x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.93	−0.018%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.82	−0.111%	$4.5M	$25.9M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.67	−0.238%	$1.6M	$21.3M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	117.84	−0.095%	$131K	$4.0M	8.3x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.82	−0.111%	$1.8M	$4.6M	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.77	−0.155%	$31.5M	$98.6M	100x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	117.88	−0.060%	$102K	$162K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0066%	1h	117.77	−0.156%	$26.4M	$25.3M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.75	−0.174%	$7.9M	$409.5M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.92	−0.023%	—	$369.2M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	117.96	+0.004%	$1.1M	$5.9M	100x	as long as short
Lighter RH SOL	+0.0088%	1h	117.77	−0.153%	$2.2M	$16.6M	25x	as long as short
Lighter SOL	+0.0096%	1h	117.74	−0.178%	$13.1M	$57.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.68	−0.233%	$345K	$262K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	117.75	−0.173%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.74	−0.179%	$45K	$819K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.82	−0.107%	$5.7M	$41.4M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.80	−0.130%	$177.8M	$180.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.81	−0.117%	$12.8M	$128.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.94	−0.012%	$976.3M	$3.81B	100x	as long as short
Bybit SOLUSDTlong	+0.0100%	8h	117.95	long leg	$820.7M	$1.28B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	117.93	−0.018%	$366.3M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.74	−0.179%	$255K	$901K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.84	−0.092%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.15	+0.169%	$136.0M	$13.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.92	−0.026%	$422.6M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.84	−0.091%	$133.5M	$207.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.89	−0.055%	$489.3M	$445.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.74	−0.179%	$23.8M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.61	−0.292%	$24.4M	$130.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.09	+0.118%	$94.9M	$399.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.64	−0.266%	$48.2M	$29.6M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.58	−0.315%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.88	−0.060%	$351K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.93	−0.016%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.92	−0.030%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.60	−0.295%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.72	−0.196%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.74	−0.179%	$45.9M	$100.7M	50x	as long as short
Phoenix SOL	+0.0101%	1h	117.72	−0.196%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.76	−0.159%	$8.3M	$35.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.74	−0.180%	—	$228.6M	500x	as long as short
Hyperliquid SOL	+0.0121%	1h	117.95	−0.001%	$716.9M	$400.8M	20x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	117.89	−0.050%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDTshort	+0.0220%	8h	117.63	−0.272%	$52.2M	$73.9M	125x
Injective SOL/USDC PERP	+0.0222%	1h	119.50	+1.313%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	117.92	−0.026%	$3.7M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0290%	1h	118.04	+0.079%	$25K	$51K	20x	as long as short