Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: BloFin against Jupiter Perps−0.054%52s7-day average −0.001% · you buy dearer than you sell

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

Long on Jupiter Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.094%+$9 on $10k

Price spread, last 3 days (all we have)−0.390%−$39 · spread now −0.054%, 7d avg −0.001%

Together, before fees−0.296%−$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.053% cheaper against Jupiter Perps than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.001%). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day). The two prices were read 52 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	Jupiter Perps SOL-PERP	119.05	L +0.0120% / S +0.0048%	pay 0.0015% / 1h	56m 09s	—	$217.9M	500x
Short	BloFin SOL-USDT	118.99	0.0220	get 0.0220% / 8h	2h 56m	$51.9M	$91.1M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Jupiter Perps. 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 Jupiter PerpsbpFee BloFinbpOrdersPrice spread, now −0.054%Rate

Funding earned: $21
Price spread: −0.054% → −0.001%: −$5.31
Slippage, 4 orders: no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$8.31
Costs to cover: 0.240%
Break-even: 9.8 days

Slippage unknown: Jupiter Perps: no order-book sample; BloFin: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Jupiter Perps no order-book sample	—	—	—	—	—
Sell BloFin live order book, 3 min ago	0.42 bp	6.4 bp −$6	6.4 bp −$64	7.6 bp −$756	11.4 bp −$5,714

Jupiter Perps: 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
Injective SOL/USDC PERP	−0.0151%	1h	118.68	−0.315%	$4K	$2K	12x	as long as short
Aftermath Perps SOLUSD	−0.0084%	1h	119.04	−0.016%	$24K	$48K	20x	as long as short
Vest SOL-PERP	−0.0084%	1h	118.92	−0.115%	—	$731K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.04	−0.012%	$844	$8K	25x	as long as short
Derive SOL-PERP	−0.0065%	1h	118.94	−0.099%	$2.0M	$3.2M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.00	−0.049%	$49K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.13	+0.062%	$4.9M	$26.8M	20x	as long as short
Perpl SOL	0.0000%	43m	118.97	−0.074%	$191K	$4.1M	8.3x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	118.95	−0.088%	$104K	$152K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0055%	8h	119.03	−0.022%	$1.1M	$5.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0068%	8h	118.91	−0.117%	$231.7M	$43.7M	75x	as long as short
ApeX Omni SOLUSDT	+0.0079%	1h	119.08	+0.025%	$1.5M	$6.2M	50x	as long as short
Gate SOL_USDT	+0.0081%	8h	119.02	−0.029%	$858.5M	$673.0M	100x	as long as short
KuCoin SOLUSDTM	+0.0085%	8h	119.03	−0.016%	$144.4M	$197.0M	75x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0088%	1h	119.12	+0.053%	$26.7M	$27.9M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.03	−0.016%	$13.5M	$52.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.03	−0.025%	$2.0M	$16.6M	25x	as long as short
Bitget SOLUSDT	+0.0096%	8h	119.03	−0.022%	$496.7M	$451.1M	100x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.03	−0.020%	$354K	$746K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	118.97	−0.074%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.96	−0.079%	$47K	$781K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.97	−0.075%	$5.6M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.11	+0.047%	$718.7M	$443.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.04	−0.012%	$179.7M	$175.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.07	+0.013%	$12.4M	$113.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.03	−0.020%	$977.3M	$3.76B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.05	−0.004%	$823.4M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.01	−0.037%	$368.1M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.97	−0.071%	$233K	$868K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.03	−0.016%	$1.9M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.09	+0.028%	$133.4M	$13.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.03	−0.021%	$471.1M	$1.07B	300x	as long as short
BingX SOL-USDC	+0.0100%	8h	119.02	−0.033%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.07	+0.013%	$24.2M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.33	+0.229%	$27.8M	$126.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.13	+0.062%	$95.7M	$394.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.06	+0.008%	$48.7M	$33.5M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.06	+0.005%	$1.4M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.96	−0.079%	$361K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.96	−0.079%	$201K	$1.8M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.01	−0.036%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.02	−0.027%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.03	−0.021%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.02	−0.029%	$46.4M	$100.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.03	−0.022%	$8.7M	$37.3M	50x	as long as short
Kalshi KXSOLPERP	+0.0108%	8h	119.11	+0.047%	$1.2M	$20.9M	3.1x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.08	+0.020%	$8.1M	$414.7M	50x	as long as short
Jupiter Perps SOL-PERPlong	L +0.0120% / S +0.0048%	1h	119.05	long leg	—	$217.9M	500x
Hibachi SOL/USDT-P	+0.0128%	1h	118.97	−0.068%	$123K	$619K	20x	as long as short
Phoenix SOL	+0.0149%	1h	119.15	+0.080%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	118.97	−0.067%	$1.6M	$6.3M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.95	−0.085%	$1.1M	$558K	25x	as long as short
BloFin SOL-USDTshort	+0.0220%	8h	118.99	−0.054%	$51.9M	$91.1M	125x
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.08	+0.018%	$36.1M	$90.0M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0174%	1h	118.99	−0.051%	$3.5M	—	200x	as long as short