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 −0.036%
Price spread now: Binance against BloFin+0.034%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.239%−$24 on $10k
Price spread, last 3 days (all we have)+0.124%+$12 · spread now +0.034%, 7d avg +0.006%
Together, before fees−0.115%−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.028% dearer against BloFin than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of +0.006%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT119.230.0220pay 0.0220% / 8h1h 19m$52.1M$82.8M125x
ShortBinance SOLUSDT119.270.0100get 0.0100% / 8h1h 19m$985.3M$3.81B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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: +0.034% → +0.006%
$2.75
Slippage, 4 orders
−$1.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$46.4
Costs to cover
0.240%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 10 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 BloFin live order book, 5 min ago0.42 bp6.4 bp −$66.4 bp −$648.8 bp −$87517.1 bp −$8,543
Sell Binance live order book, 10 min ago0.42 bp5.4 bp −$55.4 bp −$549.4 bp −$94119.6 bp −$9,789

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-PERP−0.0404%1h119.26+0.023%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.17−0.053%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.20−0.023%$845$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.24+0.009%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.230.000%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.30+0.056%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.25+0.013%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.28+0.046%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.39+0.137%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.109%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0066%1h119.31+0.067%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.27+0.036%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.32+0.075%$104K$155K20xas long as short
BingX SOL-USDT+0.0080%8h119.27+0.034%$374.6Mas long as short
HTX SOL-USDT+0.0081%8h119.20−0.027%$232.1M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h119.24+0.008%$870.3M$685.5M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0094%1h119.30+0.059%$26.7M$27.7M50xas long as short
Lighter SOL+0.0096%1h119.26+0.023%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.24+0.008%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.22−0.007%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.20−0.023%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.230.000%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.20−0.021%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.35+0.101%$719.0M$417.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.26+0.028%$178.5M$176.9M100xas long as short
Pacifica SOL+0.0100%1h119.27+0.037%$12.3M$118.5M20xas long as short
Binance SOLUSDTshort+0.0100%8h119.27+0.034%$985.3M$3.81B100x
Bybit SOLUSDT+0.0100%8h119.28+0.046%$826.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.24+0.008%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.20−0.025%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.30+0.057%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.044%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.26+0.025%$460.5M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29+0.049%$140.4M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.26+0.022%$495.6M$455.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.27+0.034%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.34+0.092%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.38+0.123%$95.9M$401.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.29+0.050%$48.8M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.36+0.111%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.26+0.025%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30+0.059%$368K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.28+0.039%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.24+0.006%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24+0.008%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.26+0.025%$46.6M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.21−0.013%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.27+0.033%$8.1M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25+0.017%$224.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.24+0.010%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0068%1h119.29+0.049%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.29+0.053%$1.1M$555K25xas long as short
RISEx SOL/USDC+0.0192%1h119.30+0.056%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.126%$4K$2K12xas long as short
BloFin SOL-USDTlong+0.0220%8h119.23long leg$52.1M$82.8M125x