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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0430%/8h= −47.1% APRnext payment $0.54 per $10,000 · paid last 24h +0.033%
Price spread now: Bluefin against Ondo Perps−0.058%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−0.665%−$67 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bluefin is 0.058% cheaper against Ondo Perps than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P119.740.0100pay 0.0013% / 1h37m 47s$234K$889K10x
ShortBluefin SOL-PERP119.67−0.0330pay 0.0041% / 1h37m 47s$37K$17K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Ondo 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
−$90.37
Price spread: −0.058% → 0.000%
−$5.85
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$108.21
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Ondo 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 Ondo Perps no order-book sample
Sell Bluefin no order-book sample
Ondo 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
Bluefin SOL-PERPshort−0.0330%1h119.67−0.058%$37K$17K25x
Derive SOL-PERP−0.0095%1h119.62−0.100%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.58−0.129%$848$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.63−0.093%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.62−0.097%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.71−0.027%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.64−0.084%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.69−0.045%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0007%1h119.64−0.086%$26.8M$27.6M50xas long as short
Hibachi SOL/USDT-P+0.0016%1h119.81+0.057%$120K$611K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SOL+0.0054%1h119.84+0.084%$6.6M$13.6M25xas long as short
Aftermath Perps SOLUSD+0.0065%1h119.58−0.135%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.72−0.018%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0078%8h119.60−0.116%$232.9M$44.6M75xas long as short
BingX SOL-USDT+0.0080%8h119.56−0.151%$374.1Mas long as short
Gate SOL_USDT+0.0086%8h119.54−0.167%$873.9M$680.5M100xas long as short
Lighter SOL+0.0096%1h119.57−0.140%$13.6M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.57−0.141%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.73−0.008%$105K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.59−0.126%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.58−0.135%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.63−0.092%$45K$790K20xas long as short
Nado SOL-PERP+0.0100%1h119.65−0.075%$6.2M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.59−0.125%$720.6M$414.9M20xas long as short
Aster SOLUSDT+0.0100%8h119.55−0.157%$179.0M$176.0M100xas long as short
Pacifica SOL+0.0100%1h119.62−0.097%$12.4M$117.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.51−0.195%$988.5M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.51−0.190%$826.5M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.47−0.225%$372.3M$1.71B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h119.74long leg$234K$889K10x
Arcus SOL-USD+0.0100%1h119.69−0.038%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.56−0.150%$455.1M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.56−0.150%$141.3M$200.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.48−0.220%$496.3M$455.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.60−0.117%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.76+0.018%$27.8M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.71−0.026%$96.1M$398.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.74+0.002%$49.0M$31.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.73−0.009%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.78+0.033%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.68−0.050%$367K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.70−0.037%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.63−0.090%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.60−0.117%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.62−0.100%$46.7M$101.8M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.007%$134.3M$8.4M20xas long as short
Extended SOL-USD+0.0104%1h119.52−0.188%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.63−0.096%$8.4M$415.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.63−0.088%$222.2M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.57−0.142%$32.7M$95.5M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0086%1h119.71−0.028%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.68−0.048%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.68−0.047%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.509%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.62−0.100%$52.1M$82.9M125xas long as short