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+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h −0.025%
Price spread now: Bluefin against Hibachi−0.157%7-day average · you buy dearer than you sell
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−0.570%−$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Bluefin is 0.157% cheaper against Hibachi than usual: you would sell low and buy high (spread −0.157% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 3.5 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.570%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi SOL/USDT-P119.42−0.0048get 0.0006% / 1h7m 36s$109K$670K20x
ShortBluefin SOL-PERP119.230.0100get 0.0013% / 1h7m 36s$37K$17K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Hibachi. 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
$31.08
Price spread: −0.157% → 0.000%
−$15.72
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$0.64
Costs to cover
0.160%
Break-even
7.1 days
Slippage unknown: Hibachi: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi live order book, 1 min ago0.67 bp6.2 bp −$622.3 bp −$223doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Derive SOL-PERP−0.0082%1h119.17−0.208%$2.0M$2.7M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.19−0.194%$932$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.20−0.184%$608K20xas long as short
Hibachi SOL/USDT-Plong−0.0048%1h119.42long leg$109K$670K20x
HTX SOL-USDT−0.0035%8h119.18−0.204%$231.7M$43.9M75xas long as short
dYdX SOL-USD−0.0017%1h119.22−0.168%$4.9M$25.5M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.28−0.118%$32.4M$97.1M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.26−0.132%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.36−0.048%$1.2M$20.0M3.1xas long as short
Perpl SOL0.0000%43m119.26−0.138%$125K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0025%1h119.30−0.100%$26.8M$24.8M50xas long as short
01 Exchange SOLUSD+0.0040%1h119.18−0.202%$104K$161K20xas long as short
Gate SOL_USDT+0.0056%8h119.22−0.169%$855.5M$673.6M100xas long as short
BingX SOL-USDC+0.0080%8h119.18−0.205%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h119.26−0.132%$1.1M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.29−0.111%$8.1M$410.3M50xas long as short
ApeX Omni SOLUSDT+0.0090%1h119.16−0.219%$1.5M$6.0M50xas long as short
Lighter SOL+0.0096%1h119.22−0.172%$13.7M$57.3M25xas long as short
Lighter RH SOL+0.0096%1h119.21−0.176%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.23−0.161%$349K$253K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.21−0.173%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.16−0.219%$46K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.15−0.226%$6.1M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.32−0.085%$730.9M$394.4M20xas long as short
Aster SOLUSDT+0.0100%8h119.18−0.206%$180.2M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.23−0.157%$12.3M$125.6M20xas long as short
Binance SOLUSDT+0.0100%8h119.18−0.202%$982.2M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h119.22−0.169%$828.7M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.18−0.202%$372.5M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.34−0.068%$234K$831K10xas long as short
Arcus SOL-USD+0.0100%1h119.17−0.208%$2.1M$8.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.21−0.177%$434.6M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.19−0.191%$139.2M$203.5M75xas long as short
Bitget SOLUSDT+0.0100%8h119.19−0.198%$494.8M$438.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.20−0.186%$24.0M$36.7M50xas long as short
Variational Omni SOL+0.0100%8h119.19−0.198%$24.9M$130.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.20−0.190%$95.7M$400.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.13−0.241%$48.8M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h119.38−0.035%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.22−0.169%$361K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.24−0.156%$204K$1.7M20xas long as short
Bluefin SOL-PERPshort+0.0100%1h119.23−0.157%$37K$17K25x
SunX SOL-USDT+0.0100%8h119.25−0.141%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.26−0.135%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.23−0.161%$46.7M$99.5M50xas long as short
Bulk SOL-USD+0.0100%1h119.24−0.156%$137.6M$12.7M20xas long as short
Extended SOL-USD+0.0104%1h119.17−0.213%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.28−0.119%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.37−0.040%$225.6M500xas long as short
RISEx SOL/USDC+0.0161%1h119.14−0.237%$1.8M$4.5M20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.345%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0187%1h119.21−0.179%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.39−0.027%$52.1M$74.3M125xas long as short
Aftermath Perps SOLUSD+0.0226%1h119.29−0.113%$25K$51K20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h119.26−0.134%$3.7M200xas long as short