Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.046%
Price spread now: BloFin against BingX+0.146%51s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as 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−$240.245% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 4 days (all we have)−0.349%−$35 · spread now +0.146%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.125% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.021%. The two prices were read 51 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 | BingX SOL-USDC | 116.39 | 0.0100 | pay 0.0100% / 8h | 4h 42m | — | $10.5M | — |
| Short | BloFin SOL-USDT | 116.56 | 0.0220 | get 0.0220% / 8h | 4h 42m | $51.7M | $72.0M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.146% → +0.021%
- $12.47
- Slippage, 4 orders
- −$2.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $13.22
- Costs to cover
- 0.245%
- Break-even
- 3.3 days
Slippage from BingX: live order book, 11 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 BingX live order book, 11 min ago | 0.43 bp | 5.8 bp −$6 | 7.6 bp −$76 | 13.0 bp −$1,299 | 21.9 bp −$11.0K |
| Sell BloFin live order book, 7 min ago | 0.43 bp | 6.4 bp −$6 | 6.4 bp −$64 | 7.1 bp −$709 | 9.6 bp −$4,807 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest SOL-PERP | −0.0090% | 1h | 116.42 | +0.029% | — | $602K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.46 | +0.063% | $911 | $8K | 25x | as long as short |
| Hibachi SOL/USDT-P | −0.0056% | 1h | 116.59 | +0.172% | $103K | $700K | 20x | as long as short |
| Derive SOL-PERP | −0.0016% | 1h | 116.47 | +0.070% | $1.9M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.43 | +0.034% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.72 | +0.284% | $1.4M | $18.7M | 3.1x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.46 | +0.057% | $4.4M | $24.2M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0032% | 1h | 116.43 | +0.034% | $99K | $169K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.57 | +0.157% | $7.5M | $404.3M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0073% | 1h | 116.61 | +0.186% | $26.3M | $25.3M | 50x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.56 | +0.148% | $31.0M | $100.3M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.43 | +0.035% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.49 | +0.087% | $13.0M | $59.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.48 | +0.076% | $2.2M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.57 | +0.154% | $342K | $236K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0098% | 8h | 116.37 | −0.017% | $50K | $866K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.52 | +0.112% | $987K | $534K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.39 | −0.002% | $5.4M | $39.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.50 | +0.095% | $705.0M | $395.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.41 | +0.017% | $175.0M | $182.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.54 | +0.131% | $15.7M | $129.8M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.43 | +0.031% | $963.8M | $3.78B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.36 | −0.025% | $784.6M | $1.34B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.41 | +0.017% | $366.8M | $1.67B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.43 | +0.034% | $232K | $846K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.40 | +0.011% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.65 | +0.223% | $133.5M | $20.6M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.40 | +0.009% | $844.8M | $656.0M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.43 | +0.034% | $417.8M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.45 | +0.051% | $126.1M | $217.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.40 | +0.011% | $478.2M | $441.5M | 100x | as long as short |
| BingX SOL-USDClong | +0.0100% | 8h | 116.39 | long leg | — | $10.5M | — | |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.54 | +0.129% | $23.3M | $37.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.49 | +0.089% | $24.4M | $114.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.46 | +0.064% | $93.5M | $398.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.62 | +0.198% | $47.7M | $29.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.67 | +0.244% | $1.2M | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.60 | +0.180% | $1.3M | $13.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.44 | +0.043% | $321K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.41 | +0.020% | $148K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.41 | +0.020% | $25K | $29K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.61 | +0.188% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.56 | +0.146% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.51 | +0.099% | $226.0M | $46.6M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.62 | +0.198% | $45.6M | $101.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.36 | −0.030% | $7.9M | $36.6M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.47 | +0.073% | — | $228.5M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 116.56 | +0.146% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.52 | +0.112% | $6.5M | $13.4M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.40 | +0.006% | $1.1M | $539K | 25x | as long as short |
| BloFin SOL-USDTshort | +0.0220% | 8h | 116.56 | +0.146% | $51.7M | $72.0M | 125x | |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.58 | +0.161% | $3.5M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.46 | +0.061% | $140K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0515% | 1h | 116.62 | +0.195% | $25K | $51K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.47 | +0.069% | $1.9M | $4.9M | 20x | as long as short |
BingX SOL-USDC
BloFin SOL-USDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Phoenix SOL
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC