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−0.0047%/8h= −5.2% APRnext payment $0.06 per $10,000 · paid last 24h −0.019%
Price spread now: Bluefin against Hibachi−0.043%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 7 days−0.562%−$56 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bluefin is 0.043% cheaper against Hibachi than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi SOL/USDT-P116.880.0024pay 0.0003% / 1h3m 58s$104K$696K20x
ShortBluefin SOL-PERP116.83−0.0023pay 0.0003% / 1h3m 58s$25K$28K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Hibachi. 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
−$9.97
Price spread: −0.043% → 0.000%
−$4.32
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$30.29
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Hibachi: live order book, 60 min ago; 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 Hibachi live order book, 60 min ago0.04 bp4.5 bp −$516.8 bp −$168doesn't fitdoesn't fit
Sell Bluefin no order-book sample
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-PERP−0.0080%1h116.81−0.063%$913$8K25xas long as short
Vest SOL-PERP−0.0073%1h116.80−0.067%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h116.90+0.013%$31.4M$98.8M100xas long as short
Bluefin SOL-PERPshort−0.0023%1h116.83−0.043%$25K$28K25x
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.84−0.035%$55K150xas long as short
dYdX SOL-USD0.0000%1h116.80−0.072%$4.5M$24.1M20xas long as short
Derive SOL-PERP+0.0003%1h116.76−0.102%$1.9M$2.8M13xas long as short
Hibachi SOL/USDT-Plong+0.0024%1h116.88long leg$104K$696K20x
01 Exchange SOLUSD+0.0064%1h116.76−0.104%$99K$167K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.88−0.006%$7.8M$402.5M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0070%1h116.89+0.011%$26.3M$25.1M50xas long as short
Orderly PERP_SOL_USDC+0.0090%8h116.85−0.029%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.88−0.005%$13.0M$60.4M25xas long as short
Lighter RH SOL+0.0096%1h116.86−0.021%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.84−0.037%$342K$227K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.77−0.095%$62K$848K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.82−0.052%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h116.77−0.095%$5.8M$39.1M40xas long as short
Aster SOLUSDT+0.0100%8h116.89+0.006%$175.9M$181.4M100xas long as short
Pacifica SOL+0.0100%1h116.90+0.013%$14.4M$128.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.92+0.035%$963.4M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h116.88−0.001%$810.3M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.80−0.070%$365.1M$1.64B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.75−0.112%$234K$847K10xas long as short
Arcus SOL-USD+0.0100%1h116.80−0.070%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.86−0.022%$134.6M$18.3M20xas long as short
Gate SOL_USDT+0.0100%8h116.85−0.027%$852.6M$659.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.77−0.095%$419.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.90+0.014%$129.5M$214.3M75xas long as short
Bitget SOLUSDT+0.0100%8h116.80−0.066%$484.5M$434.0M100xas long as short
BingX SOL-USDC+0.0100%8h116.64−0.207%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.86−0.018%$23.5M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.16+0.240%$24.7M$115.3Mas long as short
edgeX SOLUSDC+0.0100%4h117.50+0.532%$94.4M$392.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.66+0.667%$48.2M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.69+0.692%$1.7M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h116.96+0.067%$1.3M$13.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.81−0.061%$351K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h116.84−0.032%$199K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h116.85−0.024%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.86−0.018%$6.1M$10.7M20xas long as short
HTX SOL-USDT+0.0100%8h116.84−0.037%$226.9M$45.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.91+0.024%$45.7M$100.7M50xas long as short
Kalshi KXSOLPERP+0.0101%8h116.85−0.029%$1.4M$18.5M3.1xas long as short
Extended SOL-USD+0.0104%1h116.78−0.087%$8.1M$36.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.86−0.021%$219.1M500xas long as short
Phoenix SOL+0.0129%1h116.98+0.084%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h116.84−0.039%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0164%1h116.99+0.093%$714.7M$389.2M20xas long as short
Reya SOLRUSDPERP+0.0190%1h116.80−0.068%$1.1M$537K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.56+0.581%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h116.79−0.078%$51.4M$72.0M125xas long as short
Perpl SOL+0.0223%43m116.80−0.069%$129K$3.6M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.83−0.042%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0419%1h117.41+0.450%$25K$50K20xas long as short