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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h +0.006%
Price spread now: Hibachi against BloFin+0.038%47s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.257%−$26 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.038%, 7d avg +0.032%
Together, before fees−0.198%+ Points / potential airdropHibachi: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT117.080.0220pay 0.0220% / 8h2h 04m$51.6M$68.7M125x
ShortHibachi SOL/USDT-P117.12−0.0088pay 0.0011% / 1h4m 11s$104K$688K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi 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
−$64.68
Price spread: +0.038% → +0.032%
$0.57
Slippage, 4 orders
−$2.53
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$87.64
Costs to cover
0.235%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Hibachi: live order book, 45 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 ago0.43 bp6.4 bp −$66.6 bp −$669.2 bp −$91716.4 bp −$8,199
Sell Hibachi live order book, 45 min ago0.30 bp5.1 bp −$520.8 bp −$208doesn't fitdoesn't fit

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
Kraken Futures PF_SOLUSD−0.0239%1h117.01−0.060%$33.0M$104.1M100xas long as short
Bybit SOLUSDT−0.0104%8h116.98−0.085%$742.1M$1.44B100xas long as short
Hibachi SOL/USDT-Pshort−0.0088%1h117.12+0.038%$104K$688K20x
Hotstuff SOL-PERP−0.0080%1h117.11+0.026%$1K$8K25xas long as short
Vest SOL-PERP−0.0034%1h117.04−0.033%$625K20xas long as short
Derive SOL-PERP−0.0010%1h116.97−0.098%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.06−0.017%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.11+0.026%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m117.09+0.012%$111K$3.7M8.3xas long as short
dYdX SOL-USD+0.0008%1h117.10+0.016%$4.4M$23.8M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h117.09+0.009%$101K$179K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h117.02−0.050%$7.9M$407.8M50xas long as short
Bitget SOLUSDT+0.0061%8h116.99−0.077%$482.2M$461.9M100xas long as short
Orderly PERP_SOL_USDC+0.0095%8h117.06−0.019%$1.0M$6.0M100xas long as short
Lighter SOL+0.0096%1h117.00−0.068%$13.1M$61.8M25xas long as short
Lighter RH SOL+0.0096%1h116.98−0.081%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h117.01−0.057%$352K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h117.03−0.043%$62K$911K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.07−0.011%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h117.05−0.027%$5.5M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h117.17+0.077%$702.2M$408.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.99−0.077%$176.3M$176.9M100xas long as short
Pacifica SOL+0.0100%1h117.11+0.023%$15.8M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.99−0.077%$973.2M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.03−0.043%$372.6M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.02−0.051%$218K$883K10xas long as short
Arcus SOL-USD+0.0100%1h117.08−0.001%$910K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.95−0.111%$125.5M$23.3M20xas long as short
Gate SOL_USDT+0.0100%8h117.06−0.017%$847.2M$676.9M100xas long as short
MEXC SOL_USDT+0.0100%8h117.00−0.068%$363.9M$1.09B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.99−0.076%$128.8M$231.4M75xas long as short
BingX SOL-USDT+0.0100%8h117.04−0.032%$372.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.09+0.009%$23.2M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h117.05−0.022%$24.8M$113.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.99−0.074%$93.9M$410.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.02−0.051%$47.9M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.06−0.019%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h117.06−0.017%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.05−0.026%$316K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h117.05−0.022%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.04−0.032%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h117.06−0.020%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.99−0.077%$6.2M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h117.07−0.006%$226.7M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h117.04−0.034%$45.5M$105.5M50xas long as short
Extended SOL-USD+0.0104%1h116.97−0.094%$8.1M$39.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h117.10+0.019%$238.4M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0159%1h117.09+0.011%$26.5M$22.0M50xas long as short
Injective SOL/USDC PERP+0.0173%1h117.09+0.009%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h117.18+0.085%$6.6M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h117.00−0.065%$1.1M$544K25xas long as short
BloFin SOL-USDTlong+0.0220%8h117.08long leg$51.6M$68.7M125x
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h117.07−0.010%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0490%1h117.00−0.069%$25K$56K20xas long as short
RISEx SOL/USDC+0.0547%1h117.14+0.049%$2.1M$4.9M20xas long as short