Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%

Price spread now: Bluefin against edgeX−0.044%48s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.631%−$63 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bluefin is 0.044% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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	edgeX SOLUSDC	116.48	0.0100	pay 0.0050% / 4h	3h 11m	$93.5M	$400.9M	75x
Short	Bluefin SOL-PERP	116.43	0.0100	get 0.0013% / 1h	11m 37s	$25K	$31K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against edgeX. 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 edgeXbpFee BluefinbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → 0.000%: −$4.35
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$20.35
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 3 min ago; Bluefin: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 3 min ago	2.15 bp	6.6 bp −$7	6.6 bp −$66	6.7 bp −$673	10.2 bp −$5,084
Sell Bluefin no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	−0.0216%	1h	116.50	+0.022%	$105K	$703K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.45	−0.024%	$31.4M	$102.4M	100x	as long as short
Vest SOL-PERP	−0.0106%	1h	116.37	−0.089%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.47	−0.009%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0062%	8h	116.33	−0.128%	$750.1M	$1.40B	100x	as long as short
Derive SOL-PERP	−0.0030%	1h	116.35	−0.107%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.42	−0.050%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.50	+0.016%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0011%	1h	116.43	−0.043%	$4.4M	$24.2M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.47	−0.011%	$7.6M	$404.9M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SOL-USD	+0.0060%	1h	116.40	−0.070%	$146K	$1.6M	20x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	116.45	−0.025%	$99K	$175K	20x	as long as short
Bitget SOLUSDT	+0.0090%	8h	116.39	−0.078%	$480.4M	$447.1M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0094%	8h	116.44	−0.031%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.46	−0.016%	$13.1M	$60.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.44	−0.029%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.44	−0.031%	$350K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.39	−0.076%	$61K	$896K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.47	−0.009%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.44	−0.035%	$5.4M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.56	+0.070%	$702.1M	$395.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.44	−0.033%	$174.4M	$183.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.49	+0.009%	$15.7M	$130.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.43	−0.038%	$971.1M	$3.83B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.41	−0.059%	$367.4M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.45	−0.025%	$224K	$848K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.48	−0.001%	$918K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.46	−0.016%	$132.4M	$15.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.45	−0.025%	$855.4M	$668.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.47	−0.007%	$367.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.48	+0.002%	$128.8M	$224.2M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.44	−0.035%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.45	−0.025%	$23.0M	$40.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.48	+0.005%	$24.4M	$113.5M	—	as long as short
edgeX SOLUSDClong	+0.0100%	4h	116.48	long leg	$93.5M	$400.9M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	116.47	−0.008%	$47.7M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.54	+0.049%	$1.3M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.45	−0.025%	$1.3M	$12.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.40	−0.068%	$319K	$2.7M	20x	as long as short
Bluefin SOL-PERPshort	+0.0100%	1h	116.43	−0.044%	$25K	$31K	25x
SunX SOL-USDT	+0.0100%	8h	116.42	−0.046%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.44	−0.033%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.40	−0.071%	$225.6M	$48.3M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.42	−0.050%	$45.3M	$103.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.40	−0.068%	$8.2M	$37.8M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.70	+0.190%	$4K	$2K	12x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0110%	1h	116.49	+0.009%	$26.3M	$23.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.47	−0.006%	—	$235.7M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.60	+0.104%	$6.5M	$13.8M	25x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.38	−0.089%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.50	+0.018%	$51.8M	$67.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.41	−0.057%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.48	−0.001%	$131K	$3.7M	8.3x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.51	+0.026%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0576%	1h	116.57	+0.076%	$25K	$52K	20x	as long as short