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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against KuCoin+0.034%65s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.266%+$27 on $10k
Price spread, last 4 days (all we have)−0.527%−$53 · spread now +0.034%, 7d avg −0.020%
Together, before fees−0.261%−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.053% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOLUSDTM116.370.0100pay 0.0100% / 8h7h 41m$129.7M$237.2M75x
ShortBloFin SOL-USDT116.410.0220get 0.0220% / 8h7h 41m$52.0M$64.2M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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: +0.034% → −0.020%
$5.33
Slippage, 4 orders
−$4.85
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1.68
Costs to cover
0.288%
Break-even
6.5 days
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 2 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 KuCoin live order book, 7 min ago0.56 bp8.9 bp −$911.2 bp −$11217.9 bp −$1,788doesn't fit
Sell BloFin live order book, 2 min ago0.43 bp6.4 bp −$66.4 bp −$647.1 bp −$70710.7 bp −$5,375

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%1h116.51+0.117%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.41+0.032%$32.3M$106.1M100xas long as short
Vest SOL-PERP−0.0005%1h116.38+0.010%$636K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.40+0.025%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.42+0.043%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.43+0.049%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.44+0.058%$99K$3.4M8.3xas long as short
Derive SOL-PERP+0.0007%1h116.36−0.010%$1.8M$2.9M13xas long as short
Phemex SOLUSDT+0.0013%8h116.40+0.025%$45.3M$103.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0015%1h116.44+0.058%$26.2M$21.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOLUSDT+0.0025%8h116.31−0.054%$479.9M$452.9M100xas long as short
Bybit SOLUSDT+0.0037%8h116.31−0.052%$731.2M$1.40B100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h116.41+0.032%$7.8M$394.3M50xas long as short
Aster SOLUSDT+0.0053%8h116.31−0.054%$177.0M$169.1M100xas long as short
Orderly PERP_SOL_USDC+0.0069%8h116.38+0.010%$1.0M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0088%1h116.48+0.089%$102K$681K20xas long as short
Lighter SOL+0.0096%1h116.36−0.009%$13.1M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h116.35−0.020%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.37+0.001%$351K$255K20xas long as short
SoDEX SOL-USD+0.0097%1h116.37−0.001%$6.1M$11.0M20xas long as short
Paradex SOL-USD-PERP+0.0097%8h116.32−0.041%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.32−0.044%$64K$901K20xas long as short
Nado SOL-PERP+0.0100%1h116.32−0.041%$5.4M$41.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.46+0.073%$695.8M$407.3M20xas long as short
Pacifica SOL+0.0100%1h116.38+0.005%$15.7M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h116.31−0.051%$961.6M$3.84B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.33−0.035%$366.1M$1.74B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.38+0.008%$219K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.37−0.003%$918K$8.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.38+0.008%$847.9M$609.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.34−0.027%$374.2M$1.05B300xas long as short
KuCoin SOLUSDTMlong+0.0100%8h116.37long leg$129.7M$237.2M75x
BingX SOL-USDC+0.0100%8h116.31−0.053%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.34−0.027%$22.9M$36.2M50xas long as short
Variational Omni SOL+0.0100%8h116.47+0.081%$24.9M$105.1Mas long as short
edgeX SOLUSDC+0.0100%4h116.47+0.083%$93.5M$405.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.48+0.094%$47.7M$28.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.50+0.115%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.40+0.025%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.44+0.059%$319K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.41+0.034%$282K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h116.36−0.009%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.35−0.021%$225.3M$50.5M75xas long as short
Bulk SOL-USD+0.0100%1h116.45+0.068%$126.0M$25.6M20xas long as short
Extended SOL-USD+0.0104%1h116.28−0.082%$8.3M$36.5M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.41+0.034%$102K$182K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.40+0.021%$231.0M500xas long as short
Phoenix SOL+0.0124%1h116.60+0.197%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34−0.027%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h116.38+0.007%$1.1M$545K25xas long as short
BloFin SOL-USDTshort+0.0220%8h116.41+0.034%$52.0M$64.2M125x
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.40+0.024%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0413%1h116.45+0.069%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.42+0.042%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0844%1h117.34+0.832%$27K$37K25xas long as short