Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.037%

Price spread now: BloFin against 01 Exchange+0.043%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on 01 Exchange Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.106%+$11 on $10k

Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.043%, 7d avg −0.038%

Together, before fees−0.171%−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.081% dearer against 01 Exchange than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SOLUSD	116.66	0.0072	pay 0.0009% / 1h	28m 14s	$99K	$174K	20x
Short	BloFin SOL-USDT	116.71	0.0220	get 0.0220% / 8h	3h 28m	$52.0M	$67.2M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee BloFinbpOrdersPrice spread, now +0.043%Rate

Funding earned: $31.08
Price spread: +0.043% → −0.038%: $8.08
Slippage, 4 orders: −$13.29
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $6.88
Costs to cover: 0.323%
Break-even: 5.5 days

Slippage from 01 Exchange: live order book, 26 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange live order book, 26 min ago	0.86 bp	9.8 bp −$10	16.2 bp −$162	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	0.43 bp	7.3 bp −$7	7.3 bp −$73	8.0 bp −$802	10.1 bp −$5,038

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.68	+0.021%	$31.0M	$101.1M	100x	as long as short
Hibachi SOL/USDT-P	−0.0176%	1h	116.72	+0.051%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0092%	1h	116.60	−0.051%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.69	+0.023%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.67	+0.006%	$42K	—	150x	as long as short
Bybit SOLUSDT	+0.0006%	8h	116.53	−0.111%	$757.6M	$1.38B	100x	as long as short
dYdX SOL-USD	+0.0011%	1h	116.69	+0.024%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0032%	1h	116.59	−0.057%	$1.9M	$2.9M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.69	+0.027%	$7.6M	$405.2M	50x	as long as short
01 Exchange SOLUSDlong	+0.0072%	1h	116.66	long leg	$99K	$174K	20x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SOL-USD	+0.0093%	1h	116.62	−0.032%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0093%	8h	116.66	+0.003%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.68	+0.019%	$13.1M	$60.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.68	+0.017%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.67	+0.007%	$350K	$246K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.63	−0.026%	$61K	$895K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.66	−0.001%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.68	+0.015%	$5.4M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.75	+0.077%	$704.9M	$394.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.62	−0.034%	$174.7M	$183.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.72	+0.048%	$15.8M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.64	−0.015%	$973.7M	$3.82B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.64	−0.017%	$366.6M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.69	+0.026%	$229K	$842K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.71	+0.042%	$921K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.75	+0.077%	$133.5M	$19.9M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.64	−0.017%	$852.4M	$663.1M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.62	−0.034%	$366.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.64	−0.021%	$129.1M	$223.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.64	−0.019%	$481.4M	$444.6M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.58	−0.069%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.67	+0.009%	$23.0M	$39.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.79	+0.115%	$24.6M	$113.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.77	+0.093%	$93.7M	$400.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.90	+0.206%	$47.8M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.87	+0.180%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.77	+0.094%	$1.3M	$12.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.60	−0.051%	$320K	$2.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.63	−0.024%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.67	+0.010%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.70	+0.034%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.58	−0.069%	$225.9M	$48.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.69	+0.026%	$45.7M	$103.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.63	−0.030%	$8.3M	$37.6M	50x	as long as short
Kalshi KXSOLPERP	+0.0106%	8h	116.65	−0.007%	$1.5M	$19.0M	3.1x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.99	+0.283%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.69	+0.026%	—	$231.5M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.89	+0.197%	$6.5M	$13.8M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0171%	1h	116.73	+0.060%	$26.3M	$23.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.58	−0.072%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDTshort	+0.0220%	8h	116.71	+0.043%	$52.0M	$67.2M	125x
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.65	−0.009%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.68	+0.020%	$138K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0541%	1h	116.81	+0.125%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.73	+0.062%	$1.9M	$4.8M	20x	as long as short