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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against Bybit−0.033%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.274%+$27 on $10k
Price spread, last 3 days (all we have)−0.218%−$22 · spread now −0.033%, 7d avg −0.007%
Together, before fees+0.055%+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of −0.007%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOLUSDT119.410.0100pay 0.0100% / 8h2h 10m$825.4M$1.27B100x
ShortBloFin SOL-USDT119.370.0220get 0.0220% / 8h2h 10m$52.0M$86.8M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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: −0.033% → −0.007%
−$2.68
Slippage, 4 orders
−$1.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.35
Costs to cover
0.249%
Break-even
7.7 days
Slippage from Bybit: live order book, 9 min ago; BloFin: live order book, 9 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 Bybit live order book, 9 min ago0.42 bp6.1 bp −$67.3 bp −$7311.8 bp −$1,17522.7 bp −$11.3K
Sell BloFin live order book, 9 min ago0.42 bp6.4 bp −$66.4 bp −$648.3 bp −$82812.9 bp −$6,447

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
Injective SOL/USDC PERP−0.0151%1h119.15−0.218%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27−0.115%$846$8K25xas long as short
Vest SOL-PERP−0.0071%1h119.34−0.056%$724K20xas long as short
Derive SOL-PERP−0.0056%1h119.21−0.168%$2.0M$3.1M13xas long as short
dYdX SOL-USD−0.0007%1h119.42+0.005%$4.9M$27.1M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.39−0.017%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.41+0.003%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.36−0.042%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0028%1h119.43+0.018%$26.8M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0039%1h119.48+0.063%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0052%8h119.32−0.079%$232.4M$44.7M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.38−0.023%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.31−0.081%$120K$633K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.410.000%$104K$153K20xas long as short
BingX SOL-USDC+0.0080%8h119.36−0.042%$10.5Mas long as short
Gate SOL_USDT+0.0089%8h119.37−0.033%$871.1M$688.5M100xas long as short
Lighter SOL+0.0096%1h119.410.000%$13.7M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.40−0.008%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.35−0.050%$354K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.36−0.039%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.40−0.008%$49K$785K20xas long as short
Nado SOL-PERP+0.0100%1h119.37−0.036%$6.3M$42.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.51+0.084%$721.1M$415.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.39−0.017%$179.7M$176.2M100xas long as short
Pacifica SOL+0.0100%1h119.43+0.016%$12.4M$115.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.37−0.032%$977.3M$3.78B100xas long as short
Bybit SOLUSDTlong+0.0100%8h119.41long leg$825.4M$1.27B100x
OKX SOL-USDT-SWAP+0.0100%8h119.39−0.017%$371.9M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.40−0.008%$234K$874K10xas long as short
Arcus SOL-USD+0.0100%1h119.43+0.016%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.25−0.134%$133.7M$10.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.37−0.033%$444.5M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.39−0.021%$140.8M$197.9M75xas long as short
Bitget SOLUSDT+0.0100%8h119.37−0.032%$498.0M$453.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.39−0.017%$24.3M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.47+0.050%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.43+0.019%$95.9M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.33−0.067%$48.8M$33.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.38−0.022%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.410.000%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.38−0.025%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.38−0.024%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.38−0.028%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.38−0.028%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.34−0.059%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.38−0.025%$46.6M$101.7M50xas long as short
Extended SOL-USD+0.0104%1h119.35−0.048%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.40−0.009%$8.2M$417.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.31−0.087%$221.7M500xas long as short
Phoenix SOL+0.0154%1h119.39−0.017%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0090%1h119.40−0.011%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.43+0.014%$1.6M$6.0M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.38−0.026%$1.1M$558K25xas long as short
BloFin SOL-USDTshort+0.0220%8h119.37−0.033%$52.0M$86.8M125x
Kraken Futures PF_SOLUSD+0.0223%1h119.37−0.031%$35.5M$91.2M100xas long as short