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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.03 per $10,000 · paid last 24h +0.029%
Price spread now: Bluefin against Jupiter Perps−0.043%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bluefin is 0.043% cheaper against Jupiter Perps than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps SOL-PERP116.81L +0.0120% / S +0.0048%pay 0.0015% / 1h32m 02s$231.6M500x
ShortBluefin SOL-PERP116.760.0100get 0.0013% / 1h32m 02s$25K$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin 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

Funding earned
−$4.2
Price spread: −0.043% → 0.000%
−$4.34
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$27.54
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; 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 Jupiter Perps no order-book sample
Sell Bluefin no order-book sample
Jupiter Perps and 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
Kraken Futures PF_SOLUSD−0.0193%1h116.75−0.047%$31.0M$101.0M100xas long as short
Hibachi SOL/USDT-P−0.0160%1h116.78−0.026%$103K$699K20xas long as short
Vest SOL-PERP−0.0089%1h116.71−0.080%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.77−0.030%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.77−0.035%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.84+0.025%$1.5M$19.0M3.1xas long as short
dYdX SOL-USD+0.0009%1h116.82+0.011%$4.4M$24.2M20xas long as short
Bybit SOLUSDT+0.0029%8h116.64−0.143%$761.6M$1.38B100xas long as short
Derive SOL-PERP+0.0032%1h116.70−0.088%$1.9M$2.9M13xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.76−0.040%$7.6M$405.0M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0072%1h116.78−0.023%$99K$174K20xas long as short
Orderly PERP_SOL_USDC+0.0093%8h116.77−0.030%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.75−0.049%$13.1M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h116.74−0.061%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.77−0.035%$347K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.71−0.083%$61K$895K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.80−0.006%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.74−0.054%$5.5M$40.2M40xas long as short
Hyperliquid SOL+0.0100%1h116.86+0.046%$705.4M$394.5M20xas long as short
Aster SOLUSDT+0.0100%8h116.73−0.066%$174.8M$183.2M100xas long as short
Pacifica SOL+0.0100%1h116.83+0.024%$15.8M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.74−0.057%$974.5M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.74−0.057%$367.0M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.79−0.014%$229K$845K10xas long as short
Arcus SOL-USD+0.0100%1h116.79−0.014%$922K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.75−0.048%$133.5M$19.9M20xas long as short
Gate SOL_USDT+0.0100%8h116.72−0.074%$852.9M$662.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.73−0.066%$366.7M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.74−0.060%$129.2M$223.2M75xas long as short
Bitget SOLUSDT+0.0100%8h116.71−0.085%$481.6M$444.9M100xas long as short
BingX SOL-USDC+0.0100%8h116.72−0.074%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.74−0.057%$23.1M$39.2M50xas long as short
Variational Omni SOL+0.0100%8h116.73−0.062%$24.5M$113.5Mas long as short
edgeX SOLUSDC+0.0100%4h116.84+0.030%$93.8M$400.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.87+0.054%$47.8M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.97+0.142%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.80−0.006%$1.3M$12.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.74−0.057%$321K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.75−0.050%$147K$1.6M20xas long as short
Bluefin SOL-PERPshort+0.0100%1h116.76−0.043%$25K$31K25x
SunX SOL-USDT+0.0100%8h116.75−0.047%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.75−0.049%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.76−0.038%$226.3M$48.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.76−0.040%$45.7M$103.1M50xas long as short
Extended SOL-USD+0.0104%1h116.70−0.095%$8.3M$37.5M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.99+0.157%$4K$2K12xas long as short
Jupiter Perps SOL-PERPlongL +0.0120% / S +0.0048%1h116.81long leg$231.6M500x
Phoenix SOL+0.0151%1h117.04+0.200%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0169%1h116.82+0.007%$26.3M$23.3M50xas long as short
Reya SOLRUSDPERP+0.0191%1h116.70−0.089%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.78−0.023%$52.0M$67.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.76−0.039%$3.6M200xas long as short
Perpl SOL+0.0447%43m116.82+0.010%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0523%1h116.85+0.035%$25K$51K20xas long as short
RISEx SOL/USDC+0.0561%1h116.84+0.030%$1.9M$4.8M20xas long as short