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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.090%
Price spread now: Bluefin against Hotstuff−0.139%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bluefin is 0.139% cheaper against Hotstuff than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP118.00−0.0080get 0.0010% / 1h9m 51s$923$8K25x
ShortBluefin SOL-PERP117.83−0.0071pay 0.0009% / 1h9m 51s$25K$28K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Hotstuff. 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
$1.81
Price spread: −0.139% → 0.000%
−$13.9
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$24.09
Costs to cover
0.120%
Break-even
100.2 days
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Bluefin no order-book sample
Hotstuff and 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-PERPlong−0.0080%1h118.00long leg$923$8K25x
Bluefin SOL-PERPshort−0.0071%1h117.83−0.139%$25K$28K25x
Vest SOL-PERP−0.0071%1h117.82−0.148%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.86−0.119%$31.6M$98.9M100xas long as short
Derive SOL-PERP−0.0010%1h117.79−0.177%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.86−0.115%$57K150xas long as short
dYdX SOL-USD0.0000%1h117.99−0.007%$4.5M$24.1M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0022%1h117.90−0.078%$26.5M$24.9M50xas long as short
Hibachi SOL/USDT-P+0.0032%1h117.86−0.114%$105K$696K20xas long as short
01 Exchange SOLUSD+0.0064%1h118.00+0.004%$100K$165K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.89−0.086%$7.9M$404.7M50xas long as short
Orderly PERP_SOL_USDC+0.0090%8h117.87−0.108%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.86−0.119%$13.2M$60.0M25xas long as short
Lighter RH SOL+0.0096%1h117.84−0.130%$2.1M$16.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.84−0.131%$345K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.97−0.021%$54K$852K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.01+0.012%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.95−0.034%$5.8M$38.8M40xas long as short
Aster SOLUSDT+0.0100%8h117.83−0.136%$177.4M$180.4M100xas long as short
Pacifica SOL+0.0100%1h117.99−0.003%$14.5M$128.5M20xas long as short
Binance SOLUSDT+0.0100%8h117.78−0.182%$971.0M$3.72B100xas long as short
Bybit SOLUSDT+0.0100%8h117.81−0.157%$830.7M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.79−0.174%$366.3M$1.64B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.91−0.072%$234K$864K10xas long as short
Arcus SOL-USD+0.0100%1h117.99−0.002%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h117.96−0.026%$136.3M$17.1M20xas long as short
Gate SOL_USDT+0.0100%8h117.82−0.148%$860.4M$654.9M100xas long as short
MEXC SOL_USDT+0.0100%8h117.78−0.182%$425.3M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.83−0.143%$130.8M$213.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.77−0.194%$488.1M$431.6M100xas long as short
BingX SOL-USDT+0.0100%8h117.79−0.170%$363.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.85−0.123%$23.7M$37.3M50xas long as short
Variational Omni SOL+0.0100%8h117.77−0.189%$24.4M$114.5Mas long as short
edgeX SOLUSDC+0.0100%4h117.84−0.134%$94.6M$391.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.69−0.260%$48.2M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.83−0.140%$1.7M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h117.80−0.165%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.91−0.072%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.86−0.112%$200K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h117.85−0.122%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.86−0.114%$6.2M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h117.92−0.065%$229.0M$45.5M75xas long as short
Phemex SOLUSDT+0.0100%8h117.85−0.123%$45.9M$100.5M50xas long as short
Kalshi KXSOLPERP+0.0102%8h117.98−0.013%$1.4M$19.3M3.1xas long as short
Extended SOL-USD+0.0104%1h117.76−0.200%$8.2M$36.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.97−0.025%$215.6M500xas long as short
Phoenix SOL+0.0129%1h117.89−0.089%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h118.06+0.053%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0174%1h117.90−0.081%$721.4M$387.3M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.84−0.134%$1.1M$537K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.49−0.428%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.85−0.123%$52.0M$71.6M125xas long as short
Perpl SOL+0.0223%43m117.92−0.060%$128K$3.8M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.86−0.119%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0402%1h117.85−0.121%$25K$52K20xas long as short