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= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against KuCoin−0.152%95s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.267%+$27 on $10k
Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.152%, 7d avg −0.012%
Together, before fees+0.178%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.139% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.012%). If the spread goes back, that is −$14 on $10k: about 3.9 days of funding at the current rate (+$4 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOLUSDTM119.290.0100pay 0.0100% / 8h2h 27m$142.9M$196.3M75x
ShortBloFin SOL-USDT119.110.0220get 0.0220% / 8h2h 27m$51.7M$87.0M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$25.2
Price spread: −0.152% → −0.012%
−$13.94
Slippage, 4 orders
−$5.72
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$18.46
Costs to cover
0.297%
Break-even
12.1 days
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago0.04 bp7.0 bp −$711.4 bp −$11419.8 bp −$1,977doesn't fit
Sell BloFin live order book, 7 min ago0.42 bp8.1 bp −$88.1 bp −$8110.1 bp −$1,00914.2 bp −$7,091

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
Injective SOL/USDC PERP−0.0151%1h119.15−0.118%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h119.10−0.162%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.16−0.114%$845$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.10−0.158%$724K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.19−0.086%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.20−0.075%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.20−0.077%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.32+0.020%$4.9M$26.9M20xas long as short
Aftermath Perps SOLUSD+0.0006%1h119.06−0.191%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0052%1h119.24−0.044%$26.7M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.19−0.084%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0061%8h119.03−0.216%$231.9M$43.6M75xas long as short
01 Exchange SOLUSD+0.0064%1h119.22−0.060%$104K$152K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.12−0.144%$123K$600K20xas long as short
ApeX Omni SOLUSDT+0.0074%1h119.04−0.210%$1.5M$6.2M50xas long as short
BingX SOL-USDT+0.0080%8h119.27−0.018%$370.6Mas long as short
Gate SOL_USDT+0.0084%8h119.25−0.034%$870.9M$682.2M100xas long as short
Lighter SOL+0.0096%1h119.28−0.012%$13.6M$54.2M25xas long as short
Lighter RH SOL+0.0096%1h119.27−0.015%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16−0.110%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.27−0.021%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.18−0.093%$45K$783K20xas long as short
Nado SOL-PERP+0.0100%1h119.16−0.113%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.37+0.066%$720.3M$415.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.27−0.016%$179.8M$174.8M100xas long as short
Pacifica SOL+0.0100%1h119.31+0.014%$12.4M$114.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.29−0.001%$975.2M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.32+0.021%$827.8M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.27−0.018%$371.2M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18−0.093%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.24−0.042%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.29−0.001%$475.2M$1.08B300xas long as short
KuCoin SOLUSDTMlong+0.0100%8h119.29long leg$142.9M$196.3M75x
Bitget SOLUSDT+0.0100%8h119.27−0.014%$498.1M$448.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.23−0.051%$24.4M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.07−0.186%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.01−0.233%$95.6M$398.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.06−0.190%$48.7M$33.3M20xas long as short
StandX SOL-USD+0.0100%1h119.09−0.168%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.18−0.093%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.16−0.108%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.18−0.091%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.16−0.112%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.17−0.101%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.16−0.110%$46.6M$100.2M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.260%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.25−0.035%$8.7M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.22−0.062%$8.1M$415.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.19−0.085%$217.0M500xas long as short
Phoenix SOL+0.0154%1h119.04−0.210%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.23−0.052%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0179%1h119.15−0.118%$1.1M$557K25xas long as short
BloFin SOL-USDTshort+0.0220%8h119.11−0.152%$51.7M$87.0M125x
Kraken Futures PF_SOLUSD+0.0223%1h119.19−0.086%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.18−0.090%$3.6M200xas long as short