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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Polymarket Perps against BloFin+0.052%45s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.252%−$25 on $10k
Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.052%, 7d avg +0.008%
Together, before fees−0.215%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.044% dearer against BloFin than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.008%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 29 hours. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT116.110.0220pay 0.0220% / 8h14m 18s$51.9M$65.4M125x
ShortPolymarket Perps SOL-USD116.170.0100get 0.0013% / 1h14m 18s$315K$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.052% → +0.008%
$4.41
Slippage, 4 orders
−$3.1
Fee BloFin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$43.88
Costs to cover
0.231%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Polymarket Perps: live order book, 5 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 −$66.4 bp −$649.2 bp −$92220.7 bp −$10.3K
Sell Polymarket Perps live order book, 5 min ago0.43 bp5.8 bp −$67.2 bp −$72doesn'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−0.0153%1h116.23+0.101%$32.3M$106.8M100xas long as short
Bybit SOLUSDT−0.0097%8h116.18+0.057%$733.3M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.27+0.141%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0056%1h116.17+0.050%$101K$676K20xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.215%$4K$2K12xas long as short
Vest SOL-PERP−0.0036%1h116.15+0.036%$649K20xas long as short
Derive SOL-PERP−0.0026%1h116.12+0.011%$1.8M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.21+0.084%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.16+0.047%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.17+0.055%$99K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0005%1h116.17+0.049%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0023%8h116.17+0.054%$479.3M$456.2M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.22+0.095%$7.8M$398.4M50xas long as short
Aster SOLUSDT+0.0052%8h116.17+0.052%$177.0M$168.9M100xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.20+0.082%$1.0M$6.1M100xas long as short
01 Exchange SOLUSD+0.0072%1h116.20+0.078%$100K$182K20xas long as short
Lighter RH SOL+0.0088%1h116.15+0.031%$2.2M$16.8M25xas long as short
SoDEX SOL-USD+0.0094%1h116.19+0.069%$6.1M$11.0M20xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.20+0.077%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.15+0.034%$13.1M$60.9M25xas long as short
Aevo SOL-PERP+0.0096%1h116.18+0.063%$350K$256K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.110.000%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.15+0.037%$5.4M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h116.24+0.112%$695.5M$408.7M20xas long as short
Pacifica SOL+0.0100%1h116.22+0.095%$15.7M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.18+0.061%$960.6M$3.86B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.19+0.069%$365.9M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.13+0.017%$223K$856K10xas long as short
Arcus SOL-USD+0.0100%1h116.18+0.062%$923K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.21+0.085%$125.5M$25.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.17+0.052%$843.8M$669.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.17+0.052%$370.8M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.16+0.040%$129.1M$236.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.19+0.066%$374.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.110.000%$22.8M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.09−0.020%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.13+0.015%$93.3M$406.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.23+0.101%$47.6M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.24+0.115%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.10−0.009%$1.3M$11.4M30xas long as short
Polymarket Perps SOL-USDshort+0.0100%1h116.17+0.052%$315K$2.8M20x
Bullet SOL-USD+0.0100%1h116.19+0.071%$281K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.18+0.057%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.17+0.055%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.10−0.005%$224.8M$50.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.19+0.069%$45.2M$104.2M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0103%1h116.26+0.130%$26.3M$21.7M50xas long as short
Extended SOL-USD+0.0104%1h116.16+0.040%$8.2M$36.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.20+0.079%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.21+0.086%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.08−0.030%$1.1M$545K25xas long as short
BloFin SOL-USDTlong+0.0220%8h116.11long leg$51.9M$65.4M125x
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.12+0.012%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0449%1h116.19+0.072%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.24+0.109%$2.1M$4.8M20xas long as short