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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0166%/8h= −18.2% APRnext payment $0.21 per $10,000 · paid last 24h +0.057%
Price spread now: Bluefin against Deribit−0.030%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.520%−$52 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bluefin is 0.030% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOL_USDC-PERPETUAL119.120.0094pay 0.0012% / 1h27m 50s$26.7M$24.8M50x
ShortBluefin SOL-PERP119.09−0.0072pay 0.0009% / 1h27m 50s$37K$17K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Deribit. 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
−$34.87
Price spread: −0.030% → 0.000%
−$3.02
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$51.89
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 1 min ago; Bluefin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 1 min ago0.04 bp3.5 bp −$45.2 bp −$5215.8 bp −$1,579doesn't fit
Sell Bluefin no order-book sample
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff SOL-PERP−0.0080%1h119.14+0.012%$845$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.99−0.114%$608K20xas long as short
Bluefin SOL-PERPshort−0.0072%1h119.09−0.030%$37K$17K25x
Derive SOL-PERP−0.0062%1h118.99−0.112%$2.0M$2.7M13xas long as short
dYdX SOL-USD−0.0021%1h119.14+0.014%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.08−0.035%$32.4M$96.5M100xas long as short
HTX SOL-USDT−0.0006%8h119.03−0.078%$231.6M$43.9M75xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.08−0.039%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.12−0.002%$1.2M$20.2M3.1xas long as short
Perpl SOL0.0000%43m119.07−0.049%$154K$3.8M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOLUSDT+0.0001%8h119.09−0.029%$46.6M$99.8M50xas long as short
01 Exchange SOLUSD+0.0032%1h119.09−0.029%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0040%1h118.96−0.136%$101K$657K20xas long as short
BingX SOL-USDT+0.0080%8h119.05−0.059%$366.1Mas long as short
Orderly PERP_SOL_USDC+0.0082%8h119.09−0.027%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.09−0.029%$8.1M$410.3M50xas long as short
Deribit SOL_USDC-PERPETUALlong+0.0094%1h119.12long leg$26.7M$24.8M50x
Lighter SOL+0.0096%1h119.07−0.046%$14.2M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.06−0.053%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.07−0.042%$349K$249K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.18+0.045%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.06−0.054%$45K$782K20xas long as short
Nado SOL-PERP+0.0100%1h119.04−0.071%$5.9M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.14+0.012%$722.5M$399.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.07−0.043%$179.6M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.17+0.034%$12.2M$124.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.03−0.076%$980.1M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.07−0.042%$824.6M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.03−0.079%$371.2M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.08−0.037%$233K$834K10xas long as short
Arcus SOL-USD+0.0100%1h119.08−0.039%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.07−0.045%$136.4M$9.7M20xas long as short
Gate SOL_USDT+0.0100%8h119.06−0.054%$854.2M$666.3M100xas long as short
MEXC SOL_USDT+0.0100%8h119.05−0.062%$432.4M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.07−0.043%$138.5M$202.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.02−0.086%$494.0M$440.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.10−0.020%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h118.98−0.124%$27.0M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h118.98−0.120%$95.6M$405.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.95−0.146%$48.7M$29.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.98−0.117%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.92−0.171%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.07−0.045%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.06−0.057%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.07−0.046%$194K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.07−0.045%$6.3M$10.8M20xas long as short
Extended SOL-USD+0.0104%1h119.00−0.105%$8.6M$35.0M50xas long as short
Phoenix SOL+0.0114%1h119.01−0.096%$6.5M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.06−0.057%$219.2M500xas long as short
RISEx SOL/USDC+0.0161%1h119.10−0.020%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.07−0.048%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0168%1h119.00−0.103%$25K$50K20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.096%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0186%1h119.05−0.059%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.99−0.112%$51.9M$76.3M125xas long as short