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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0085%/8h= −9.3% APRnext payment $0.11 per $10,000 · paid last 24h −0.128%
Price spread now: Bluefin against Injective−0.680%59s7-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−0.661%−$66 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bluefin is 0.680% cheaper against Injective than usual: you would sell low and buy high (−$68 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SOL/USDC PERP118.660.0173pay 0.0022% / 1h35m 41s$4K$2K12x
ShortBluefin SOL-PERP117.850.0088get 0.0011% / 1h35m 41s$37K$17K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Injective. 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
−$17.82
Price spread: −0.680% → 0.000%
−$68.01
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$92.85
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Bluefin no order-book sample
Injective and 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%1h119.02+0.303%$844$8K25xas long as short
Vest SOL-PERP−0.0077%1h118.94+0.240%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.96+0.249%$2.0M$2.7M13xas long as short
dYdX SOL-USD−0.0017%1h119.04+0.318%$5.0M$25.7M20xas long as short
HTX SOL-USDT−0.0017%8h118.91+0.213%$231.4M$44.0M75xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.03+0.315%$32.4M$96.7M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.04+0.319%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.05+0.329%$1.2M$20.3M3.1xas long as short
Perpl SOL0.0000%43m119.06+0.336%$154K$3.9M8.3xas long as short
Phemex SOLUSDT+0.0037%8h119.03+0.312%$46.6M$100.8M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h119.03+0.312%$104K$159K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0072%1h119.09+0.359%$26.7M$24.8M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h118.86+0.172%$121K$632K20xas long as short
BingX SOL-USDT+0.0080%8h118.98+0.271%$367.1Mas long as short
Orderly PERP_SOL_USDC+0.0080%8h119.04+0.320%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.06+0.340%$8.1M$411.8M50xas long as short
Bluefin SOL-PERPshort+0.0088%1h117.85−0.680%$37K$17K25x
Lighter SOL+0.0096%1h118.97+0.263%$14.2M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h119.00+0.283%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.03+0.308%$349K$245K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.01+0.295%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.97+0.261%$47K$780K20xas long as short
Nado SOL-PERP+0.0100%1h119.01+0.295%$5.8M$41.1M40xas long as short
Aster SOLUSDT+0.0100%8h119.00+0.287%$179.0M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.02+0.302%$12.2M$123.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.97+0.260%$979.5M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h119.00+0.291%$823.7M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.97+0.261%$371.1M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.244%$233K$852K10xas long as short
Arcus SOL-USD+0.0100%1h118.93+0.224%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.80+0.118%$134.2M$6.7M20xas long as short
Gate SOL_USDT+0.0100%8h119.03+0.312%$860.1M$663.8M100xas long as short
MEXC SOL_USDT+0.0100%8h118.97+0.261%$427.7M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.99+0.276%$138.2M$202.6M75xas long as short
Bitget SOLUSDT+0.0100%8h118.96+0.250%$493.8M$441.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.06+0.337%$24.2M$37.2M50xas long as short
Variational Omni SOL+0.0100%8h119.01+0.292%$27.0M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.90+0.206%$95.5M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.81+0.128%$48.7M$29.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.87+0.177%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.98+0.270%$1.4M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.02+0.303%$359K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.02+0.303%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.99+0.278%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.03+0.312%$6.3M$10.8M20xas long as short
Hyperliquid SOL+0.0104%1h119.10+0.371%$721.8M$399.1M20xas long as short
Extended SOL-USD+0.0104%1h119.02+0.303%$8.6M$35.2M50xas long as short
Phoenix SOL+0.0114%1h118.97+0.261%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.02+0.302%$220.1M500xas long as short
RISEx SOL/USDC+0.0161%1h119.02+0.301%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.03+0.315%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0171%1h118.89+0.194%$25K$50K20xas long as short
Injective SOL/USDC PERPlong+0.0173%1h118.66long leg$4K$2K12x
Reya SOLRUSDPERP+0.0186%1h119.00+0.289%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h119.03+0.312%$51.9M$78.4M125xas long as short