Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.035%

Price spread now: BloFin against StandX+0.008%104s7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.300% of the position

Long on StandX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.161%+$16 on $10k

Price spread, last 3 days (all we have)−0.065%−$7 · spread now +0.008%, 7d avg −0.005%

Together, before fees+0.096%+ Points / potential airdropStandX: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	118.87	0.0100	pay 0.0013% / 1h	27m 30s	$1.4M	$13.5M	30x
Short	BloFin SOL-USDT	118.88	0.0220	get 0.0220% / 8h	27m 30s	$52.1M	$81.7M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against StandX. 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

Position, each leg$Hold fordaysFee StandXbpFee BloFinbpOrdersPrice spread, now +0.008%Rate

Funding earned: $25.2
Price spread: +0.008% → −0.005%: $1.33
Slippage, 4 orders: −$10.02
Fee StandX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$3.49
Costs to cover: 0.300%
Break-even: 8.0 days

Slippage from StandX: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 2 min ago	3.79 bp	8.6 bp −$9	10.5 bp −$105	19.8 bp −$1,983	doesn't fit
Sell BloFin live order book, 7 min ago	0.42 bp	6.4 bp −$6	7.1 bp −$71	8.6 bp −$859	12.1 bp −$6,057

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SOL-PERP	−0.0080%	1h	118.80	−0.062%	$842	$8K	25x	as long as short
Vest SOL-PERP	−0.0074%	1h	118.69	−0.151%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0073%	1h	118.75	−0.101%	$2.0M	$2.8M	13x	as long as short
dYdX SOL-USD	−0.0016%	1h	118.74	−0.109%	$4.9M	$28.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	118.85	−0.019%	$112K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.89	+0.019%	$1.3M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.88	+0.004%	$176K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	118.88	+0.009%	$26.6M	$26.0M	50x	as long as short
ApeX Omni SOLUSDT	+0.0019%	1h	118.84	−0.025%	$1.5M	$6.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0075%	8h	118.84	−0.021%	$1.0M	$5.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0080%	1h	118.77	−0.084%	$103K	$157K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	118.74	−0.108%	—	$371.9M	—	as long as short
HTX SOL-USDT	+0.0086%	8h	118.77	−0.084%	$231.2M	$45.1M	75x	as long as short
Gate SOL_USDT	+0.0087%	8h	118.71	−0.135%	$861.9M	$680.7M	100x	as long as short
Lighter SOL	+0.0096%	1h	118.72	−0.123%	$13.5M	$55.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.78	−0.072%	$2.2M	$16.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	118.87	+0.003%	$120K	$628K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.83	−0.036%	$352K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.85	−0.017%	$8.1M	$416.2M	50x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.75	−0.100%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.74	−0.109%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.72	−0.122%	$6.0M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.90	+0.025%	$719.5M	$412.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.73	−0.118%	$177.8M	$177.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.76	−0.089%	$12.2M	$121.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.73	−0.117%	$981.2M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.75	−0.103%	$823.1M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.71	−0.135%	$371.9M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.68	−0.160%	$233K	$871K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.78	−0.079%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.93	+0.051%	$133.7M	$5.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.74	−0.109%	$431.7M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.72	−0.128%	$138.2M	$205.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.69	−0.148%	$492.1M	$460.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.83	−0.034%	$24.2M	$38.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.01	+0.119%	$27.2M	$129.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.84	−0.022%	$95.5M	$400.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.94	+0.059%	$48.7M	$31.3M	20x	as long as short
StandX SOL-USDlong	+0.0100%	1h	118.87	long leg	$1.4M	$13.5M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	118.70	−0.143%	$366K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.84	−0.029%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.85	−0.020%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.82	−0.039%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.83	−0.034%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.84	−0.025%	$46.4M	$102.8M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.92	+0.042%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.72	−0.128%	$8.7M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	118.83	−0.033%	$32.5M	$97.2M	100x	as long as short
Aftermath Perps SOLUSD	+0.0106%	1h	119.03	+0.133%	$24K	$47K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.86	−0.005%	—	$225.5M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0168% / S −0.0067%	1h	118.85	−0.019%	$3.8M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.60	+0.614%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0184%	1h	118.70	−0.140%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDTshort	+0.0220%	8h	118.88	+0.008%	$52.1M	$81.7M	125x
RISEx SOL/USDC	+0.0226%	1h	118.79	−0.071%	$1.7M	$5.2M	20x	as long as short