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−0.0121%/8h= −13.2% APRnext payment $1.21 per $10,000 · paid last 24h −0.036%
Price spread now: Katana Perps against BloFin−0.129%7-day average +0.001% · 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)−0.128%−$13 on $10k
Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.129%, 7d avg +0.001%
Together, before fees+0.179%+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Katana Perps is 0.130% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOL-USDT116.450.0220pay 0.0220% / 8h3h 22m$51.9M$67.1M125x
ShortKatana Perps SOL-USD116.300.0099get 0.0099% / 8h3h 22m$61K$896K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana 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
−$25.39
Price spread: −0.129% → +0.001%
−$13.03
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$54.22
Costs to cover
0.158%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 12 min ago; Katana Perps: 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 BloFin live order book, 12 min ago0.43 bp6.4 bp −$66.4 bp −$648.0 bp −$80416.5 bp −$8,274
Sell Katana Perps no order-book sample
Katana Perps: 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
Kraken Futures PF_SOLUSD−0.0193%1h116.46+0.006%$30.9M$101.2M100xas long as short
Hibachi SOL/USDT-P−0.0192%1h116.46+0.007%$104K$703K20xas long as short
Vest SOL-PERP−0.0099%1h116.38−0.064%$601K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.36−0.082%$1K$8K25xas long as short
Bybit SOLUSDT−0.0024%8h116.38−0.060%$755.9M$1.39B100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.50+0.042%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.52+0.058%$1.4M$19.0M3.1xas long as short
dYdX SOL-USD+0.0014%1h116.37−0.070%$4.4M$24.2M20xas long as short
Derive SOL-PERP+0.0032%1h116.41−0.031%$1.9M$2.9M13xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.47+0.018%$7.6M$404.5M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0064%1h116.36−0.077%$99K$174K20xas long as short
Bullet SOL-USD+0.0075%1h116.45+0.002%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.47+0.016%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.35−0.086%$13.1M$60.4M25xas long as short
Lighter RH SOL+0.0096%1h116.33−0.104%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.45−0.004%$350K$247K20xas long as short
Bitget SOLUSDT+0.0097%8h116.42−0.025%$480.7M$445.6M100xas long as short
Katana Perps SOL-USDshort+0.0099%8h116.30−0.129%$61K$896K20x
Paradex SOL-USD-PERP+0.0100%8h116.36−0.075%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.35−0.088%$5.4M$40.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.57+0.103%$702.6M$394.9M20xas long as short
Aster SOLUSDT+0.0100%8h116.46+0.007%$174.4M$183.4M100xas long as short
Pacifica SOL+0.0100%1h116.38−0.062%$15.8M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.46+0.009%$971.6M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.47+0.017%$366.9M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.29−0.137%$229K$835K10xas long as short
Arcus SOL-USD+0.0100%1h116.35−0.082%$920K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.45+0.002%$133.0M$16.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.39−0.052%$850.6M$664.5M100xas long as short
MEXC SOL_USDT+0.0100%8h116.450.000%$363.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.44−0.010%$129.0M$223.5M75xas long as short
BingX SOL-USDC+0.0100%8h116.44−0.010%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.450.000%$23.0M$40.1M50xas long as short
Variational Omni SOL+0.0100%8h116.40−0.040%$24.4M$113.5Mas long as short
edgeX SOLUSDC+0.0100%4h116.61+0.140%$93.6M$400.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.450.000%$47.6M$30.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.64+0.163%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.51+0.052%$1.3M$12.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.44−0.009%$320K$2.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.46+0.009%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.47+0.018%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.46+0.009%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.45+0.002%$225.7M$48.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.50+0.043%$45.5M$103.2M50xas long as short
Extended SOL-USD+0.0104%1h116.27−0.156%$8.2M$37.7M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.70+0.215%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.41−0.032%$231.7M500xas long as short
Phoenix SOL+0.0151%1h116.64+0.163%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0161%1h116.54+0.080%$26.3M$23.3M50xas long as short
Reya SOLRUSDPERP+0.0191%1h116.41−0.032%$1.1M$542K25xas long as short
BloFin SOL-USDTlong+0.0220%8h116.45long leg$51.9M$67.1M125x
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.47+0.020%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.46+0.008%$139K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0561%1h116.39−0.053%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0568%1h116.59+0.124%$25K$51K20xas long as short