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−0.2293%/8h= −251.1% APRnext payment $2.87 per $10,000 · paid last 24h +0.035%
Price spread now: Bluefin against Kraken Futures−0.006%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−0.694%−$69 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$69 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.694% in total (about -36.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOLUSD118.89−0.0014get 0.0002% / 1h59m 25s$32.6M$97.1M100x
ShortBluefin SOL-PERP118.88−0.2307pay 0.0288% / 1h59m 25s$37K$17K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Kraken Futures. 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
−$481.53
Price spread: −0.006% → 0.000%
−$0.6
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$499.13
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago1.68 bp7.5 bp −$710.7 bp −$10717.5 bp −$1,75230.7 bp −$15.3K
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 54 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−0.2307%1h118.88−0.006%$37K$17K25x
Hotstuff SOL-PERP−0.0080%1h118.92+0.023%$843$8K25xas long as short
Vest SOL-PERP−0.0078%1h118.82−0.056%$723K20xas long as short
Derive SOL-PERP−0.0062%1h118.79−0.086%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0023%1h118.93+0.037%$4.9M$28.0M20xas long as short
Kraken Futures PF_SOLUSDlong−0.0014%1h118.89long leg$32.6M$97.1M100x
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.86−0.025%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.93+0.039%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.89+0.002%$175K$3.9M8.3xas long as short
ApeX Omni SOLUSDT+0.0029%1h118.78−0.091%$1.5M$6.1M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0042%1h118.92+0.026%$26.6M$25.7M50xas long as short
01 Exchange SOLUSD+0.0064%1h118.92+0.026%$103K$158K20xas long as short
Gate SOL_USDT+0.0066%8h118.87−0.016%$861.5M$657.0M100xas long as short
Orderly PERP_SOL_USDC+0.0078%8h118.88−0.008%$1.0M$5.9M100xas long as short
BingX SOL-USDC+0.0080%8h118.83−0.049%$10.6Mas long as short
Hibachi SOL/USDT-P+0.0080%1h118.97+0.071%$121K$642K20xas long as short
HTX SOL-USDT+0.0080%8h118.88−0.011%$231.4M$45.0M75xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.91+0.018%$8.2M$416.9M50xas long as short
Lighter SOL+0.0096%1h118.85−0.030%$13.4M$54.5M25xas long as short
Lighter RH SOL+0.0096%1h118.83−0.051%$2.1M$16.5M25xas long as short
Aevo SOL-PERP+0.0096%1h118.890.000%$352K$568K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.85−0.036%$1.0M$520K50xas long as short
Nado SOL-PERP+0.0100%1h118.86−0.023%$5.9M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h118.97+0.068%$720.2M$408.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.89−0.003%$178.6M$177.3M100xas long as short
Pacifica SOL+0.0100%1h118.89+0.001%$12.2M$122.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.84−0.041%$980.5M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.88−0.009%$823.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.85−0.033%$371.3M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.82−0.058%$231K$883K10xas long as short
Arcus SOL-USD+0.0100%1h118.90+0.007%$1.9M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h118.65−0.203%$133.6M$4.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.85−0.033%$429.4M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.88−0.008%$138.1M$207.1M75xas long as short
Bitget SOLUSDT+0.0100%8h118.85−0.031%$492.9M$458.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.94+0.043%$24.2M$38.6M50xas long as short
Variational Omni SOL+0.0100%8h118.79−0.084%$27.0M$128.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.78−0.090%$95.4M$403.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.90+0.009%$48.7M$30.5M20xas long as short
StandX SOL-USD+0.0100%1h118.92+0.026%$1.4M$13.7M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.86−0.024%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.85−0.032%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.85−0.036%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.87−0.016%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.91+0.018%$46.5M$102.4M50xas long as short
Phoenix SOL+0.0100%1h118.85−0.033%$6.6M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.83−0.048%$8.7M$36.0M50xas long as short
Aftermath Perps SOLUSD+0.0116%1h118.78−0.088%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.88−0.005%$225.7M500xas long as short
RISEx SOL/USDC+0.0161%1h118.87−0.014%$1.8M$4.8M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0166% / S −0.0084%1h118.85−0.035%$3.5M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.193%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0185%1h118.84−0.041%$1.1M$535K25xas long as short
BloFin SOL-USDT+0.0220%8h118.93+0.034%$51.9M$80.3M125xas long as short