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% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin0.000%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.239%−$24 on $10k
Price spread, last 4 days (all we have)+0.462%+$46 · spread now 0.000%, 7d avg +0.005%
Together, before fees+0.224%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT117.600.0220pay 0.0220% / 8h5h 33m$51.8M$71.4M125x
ShortBinance SOLUSDT117.600.0100get 0.0100% / 8h5h 33m$967.3M$3.72B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: 0.000% → +0.005%
−$0.52
Slippage, 4 orders
−$1.84
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$49.56
Costs to cover
0.238%
Break-even
never at this rate
Slippage from BloFin: live order book, 11 min ago; Binance: live order book, 11 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, 11 min ago0.43 bp6.4 bp −$66.7 bp −$678.7 bp −$86815.8 bp −$7,891
Sell Binance live order book, 11 min ago0.43 bp5.4 bp −$55.8 bp −$5810.0 bp −$1,00120.0 bp −$9,985

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%1h117.60+0.002%$920$8K25xas long as short
Vest SOL-PERP−0.0062%1h117.51−0.078%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.61+0.009%$31.7M$98.4M100xas long as short
Derive SOL-PERP−0.0010%1h117.52−0.072%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.61+0.007%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.51−0.080%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.59−0.010%$1.4M$19.3M3.1xas long as short
01 Exchange SOLUSD+0.0056%1h117.58−0.017%$100K$163K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h117.50−0.088%$104K$695K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h117.62+0.020%$8.0M$404.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0066%1h117.65+0.039%$26.4M$24.9M50xas long as short
BingX SOL-USDT+0.0070%8h117.61+0.013%$362.8Mas long as short
HTX SOL-USDT+0.0081%8h117.39−0.177%$228.0M$45.5M75xas long as short
Orderly PERP_SOL_USDC+0.0089%8h117.61+0.006%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.61+0.009%$13.1M$59.4M25xas long as short
Lighter RH SOL+0.0096%1h117.60−0.003%$2.1M$16.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.60+0.001%$345K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.53−0.060%$65K$839K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.61+0.009%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.51−0.077%$5.8M$39.1M40xas long as short
Aster SOLUSDT+0.0100%8h117.63+0.026%$176.4M$178.9M100xas long as short
Pacifica SOL+0.0100%1h117.59−0.005%$14.5M$128.2M20xas long as short
Binance SOLUSDTshort+0.0100%8h117.600.000%$967.3M$3.72B100x
Bybit SOLUSDT+0.0100%8h117.61+0.010%$825.2M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.58−0.017%$366.7M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.51−0.077%$237K$852K10xas long as short
Arcus SOL-USD+0.0100%1h117.57−0.027%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.44−0.134%$135.1M$16.1M20xas long as short
Gate SOL_USDT+0.0100%8h117.600.000%$859.1M$649.1M100xas long as short
MEXC SOL_USDT+0.0100%8h117.61+0.009%$426.2M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.61+0.009%$130.0M$212.4M75xas long as short
Bitget SOLUSDT+0.0100%8h117.58−0.014%$487.3M$432.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.62+0.017%$23.7M$37.0M50xas long as short
Variational Omni SOL+0.0100%8h117.44−0.134%$24.3M$116.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.39−0.180%$94.3M$399.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.46−0.116%$48.1M$28.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.45−0.125%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.42−0.153%$1.3M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.600.000%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.59−0.005%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.59−0.009%$25K$28K25xas long as short
SunX SOL-USDT+0.0100%8h117.50−0.085%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.61+0.009%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.61+0.009%$45.8M$100.2M50xas long as short
Extended SOL-USD+0.0104%1h117.56−0.037%$8.2M$36.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.53−0.059%$218.8M500xas long as short
Phoenix SOL+0.0129%1h117.65+0.043%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.66+0.047%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0170%1h117.73+0.111%$719.3M$392.3M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.59−0.012%$1.1M$526K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38−0.187%$4K$2K12xas long as short
BloFin SOL-USDTlong+0.0220%8h117.60long leg$51.8M$71.4M125x
Perpl SOL+0.0223%43m117.60−0.002%$127K$3.8M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.60−0.003%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0390%1h117.44−0.139%$25K$51K20xas long as short