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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.2% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Katana Perps+0.159%7-day average +0.002% · you sell dearer than you buy
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 4 days (all we have)+0.116%+$12 on $10k
Price spread, last 3 days (all we have)−0.337%−$34 · spread now +0.159%, 7d avg +0.002%
Together, before fees−0.221%−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.157% dearer against Katana Perps than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps SOL-USD119.300.0100pay 0.0100% / 8h1h 34m$47K$794K20x
ShortBloFin SOL-USDT119.490.0220get 0.0220% / 8h1h 34m$52.2M$82.9M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Katana 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
$25.24
Price spread: +0.159% → +0.002%
$15.74
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$25.18
Costs to cover
0.158%
Break-even
0.0 days
Slippage unknown: Katana Perps: no order-book sample; BloFin: live order book, 5 min ago. 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 Katana Perps no order-book sample
Sell BloFin live order book, 5 min ago0.42 bp6.4 bp −$66.8 bp −$688.6 bp −$85812.8 bp −$6,411
Katana 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0250%1h119.49+0.156%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.40+0.087%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.43+0.110%$847$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.42+0.097%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.40+0.086%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.52+0.184%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.37+0.058%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.49+0.156%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0024%1h119.48+0.147%$120K$611K20xas long as short
Phoenix SOL+0.0054%1h119.38+0.067%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0067%8h119.52+0.182%$1.1M$5.9M100xas long as short
Aftermath Perps SOLUSD+0.0069%1h119.52+0.186%$24K$47K20xas long as short
BingX SOL-USDC+0.0080%8h119.38+0.068%$10.5Mas long as short
HTX SOL-USDT+0.0080%8h119.43+0.112%$232.6M$44.7M75xas long as short
Gate SOL_USDT+0.0083%8h119.37+0.059%$871.8M$681.2M100xas long as short
Lighter SOL+0.0096%1h119.40+0.082%$13.6M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.38+0.067%$2.1M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.52+0.184%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.48+0.149%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.37+0.055%$1.0M$523K50xas long as short
Katana Perps SOL-USDlong+0.0100%8h119.30long leg$47K$794K20x
Nado SOL-PERP+0.0100%1h119.47+0.139%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.47+0.142%$719.4M$415.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.39+0.075%$178.7M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.44+0.114%$12.4M$117.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.40+0.081%$987.6M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.41+0.096%$825.2M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.39+0.075%$371.9M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.28−0.017%$234K$885K10xas long as short
Arcus SOL-USD+0.0100%1h119.40+0.081%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.40+0.084%$453.0M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.42+0.100%$141.2M$200.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.36+0.054%$495.8M$454.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.48+0.151%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.41+0.093%$27.9M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.50+0.168%$96.0M$399.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44+0.117%$48.9M$31.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.56+0.218%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.36+0.050%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.52+0.184%$367K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.50+0.167%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.47+0.146%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.48+0.151%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.44+0.117%$46.7M$101.9M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.376%$134.3M$8.4M20xas long as short
Extended SOL-USD+0.0104%1h119.37+0.054%$8.7M$36.2M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0107%1h119.55+0.205%$26.7M$27.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.50+0.170%$8.4M$415.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.38+0.067%$222.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.48+0.151%$32.6M$95.5M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0086%1h119.51+0.175%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.51+0.175%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.36+0.048%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.142%$4K$2K12xas long as short
BloFin SOL-USDTshort+0.0220%8h119.49+0.159%$52.2M$82.9M125x