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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0269%/8h= −29.5% APRnext payment $0.34 per $10,000 · paid last 24h +0.031%
Price spread now: Bluefin against Hyperliquid−0.056%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−0.624%−$62 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bluefin is 0.056% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SOL119.340.0100pay 0.0013% / 1h1m 08s$719.9M$410.1M20x
ShortBluefin SOL-PERP119.27−0.0169pay 0.0021% / 1h1m 08s$37K$17K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Hyperliquid. 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
−$56.59
Price spread: −0.056% → 0.000%
−$5.61
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$78.2
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 13 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 Hyperliquid live order book, 13 min ago0.42 bp4.9 bp −$54.9 bp −$496.8 bp −$681doesn'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
Bluefin SOL-PERPshort−0.0169%1h119.27−0.056%$37K$17K25x
Hotstuff SOL-PERP−0.0080%1h119.24−0.080%$845$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.20−0.114%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.19−0.123%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.29−0.043%$115K150xas long as short
dYdX SOL-USD−0.0001%1h119.26−0.064%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.30−0.034%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.28−0.054%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h119.28−0.050%$6.6M$13.6M25xas long as short
01 Exchange SOLUSD+0.0064%1h119.27−0.059%$104K$157K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0070%8h119.28−0.052%$1.1M$5.9M100xas long as short
BingX SOL-USDC+0.0080%8h119.38+0.032%$10.5Mas long as short
HTX SOL-USDT+0.0082%8h119.23−0.092%$232.1M$45.0M75xas long as short
Aftermath Perps SOLUSD+0.0085%1h119.18−0.130%$24K$47K20xas long as short
Gate SOL_USDT+0.0087%8h119.25−0.075%$870.3M$690.6M100xas long as short
Hibachi SOL/USDT-P+0.0088%1h119.30−0.033%$118K$608K20xas long as short
Lighter SOL+0.0096%1h119.27−0.057%$13.6M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h119.27−0.056%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.10−0.199%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.24−0.084%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.26−0.067%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.23−0.088%$6.1M$41.6M40xas long as short
Hyperliquid SOLlong+0.0100%1h119.34long leg$719.9M$410.1M20x
Aster SOLUSDT+0.0100%8h119.31−0.025%$178.7M$175.3M100xas long as short
Pacifica SOL+0.0100%1h119.28−0.050%$12.3M$119.0M20xas long as short
Binance SOLUSDT+0.0100%8h119.29−0.042%$982.5M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.45+0.092%$830.6M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.41+0.059%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.26−0.067%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.28−0.052%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.85−0.411%$133.1M$7.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.41+0.059%$454.1M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29−0.045%$139.8M$202.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.36+0.018%$497.0M$455.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.39+0.042%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.17−0.143%$27.5M$128.4Mas long as short
edgeX SOLUSDC+0.0100%4h119.22−0.103%$95.8M$401.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.21−0.109%$48.8M$31.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.17−0.138%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.28−0.050%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.24−0.084%$368K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.26−0.069%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.25−0.079%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.28−0.050%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.28−0.050%$46.6M$102.1M50xas long as short
Extended SOL-USD+0.0104%1h119.24−0.083%$8.7M$36.1M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.31−0.029%$8.3M$416.7M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0113%1h119.34−0.003%$26.7M$27.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.26−0.065%$224.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.30−0.037%$32.6M$96.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0169% / S −0.0071%1h119.28−0.049%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.23−0.092%$1.1M$547K25xas long as short
RISEx SOL/USDC+0.0192%1h119.28−0.047%$1.7M$5.5M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.02−0.268%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.36+0.017%$52.1M$84.1M125xas long as short