Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%

Price spread now: Bluefin against MEXC+0.002%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.568%−$57 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	116.50	0.0100	pay 0.0100% / 8h	1h 48m	$362.1M	$1.07B	300x
Short	Bluefin SOL-PERP	116.50	0.0100	get 0.0013% / 1h	48m 14s	$27K	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BluefinbpOrdersPrice spread, now +0.002%Rate

Funding earned: $0
Price spread: +0.002% → 0.000%: $0.17
Slippage, 4 orders: no order book: not counted
Fee MEXC: 1 bp × 2 orders: −$2
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$8.83
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 6 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 6 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.6 bp −$261	5.1 bp −$2,526
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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOLUSDT	−0.0109%	8h	116.45	−0.043%	$740.0M	$1.44B	100x	as long as short
Hibachi SOL/USDT-P	−0.0096%	1h	116.68	+0.156%	$98K	$685K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.52	+0.020%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.51	+0.012%	$32.8M	$103.9M	100x	as long as short
Derive SOL-PERP	−0.0048%	1h	116.42	−0.067%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0015%	1h	116.50	−0.004%	—	$625K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.51	+0.010%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.55	+0.041%	$1.5M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.47	−0.023%	$110K	$3.6M	8.3x	as long as short
dYdX SOL-USD	+0.0009%	1h	116.54	+0.033%	$4.3M	$23.8M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SOL	+0.0040%	1h	116.49	−0.007%	$2.2M	$16.7M	25x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.50	0.000%	$100K	$176K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.53	+0.024%	$8.0M	$405.0M	50x	as long as short
Bitget SOLUSDT	+0.0052%	8h	116.48	−0.015%	$480.2M	$462.4M	100x	as long as short
SoDEX SOL-USD	+0.0062%	1h	116.49	−0.009%	$6.1M	$10.9M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0082%	1h	116.56	+0.053%	$26.4M	$21.9M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0090%	8h	116.49	−0.011%	$1.0M	$6.0M	100x	as long as short
Aster SOLUSDT	+0.0092%	8h	116.48	−0.017%	$175.6M	$176.4M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.49	−0.007%	$13.1M	$60.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.51	+0.013%	$350K	$247K	20x	as long as short
Paradex SOL-USD-PERP	+0.0097%	8h	116.53	+0.026%	$1.0M	$551K	50x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.47	−0.026%	$64K	$908K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.49	−0.007%	$5.5M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.58	+0.069%	$697.5M	$409.7M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.57	+0.064%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.49	−0.009%	$967.8M	$3.91B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.48	−0.017%	$370.8M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.51	+0.009%	$217K	$886K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.51	+0.011%	$903K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	+0.043%	$125.4M	$23.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.49	−0.009%	$843.6M	$664.4M	100x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	116.50	long leg	$362.1M	$1.07B	300x
KuCoin SOLUSDTM	+0.0100%	8h	116.48	−0.021%	$128.9M	$232.2M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.46	−0.035%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.52	+0.017%	$23.1M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.55	+0.039%	$24.8M	$112.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.66	+0.133%	$93.7M	$410.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.64	+0.120%	$47.7M	$31.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.72	+0.193%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.53	+0.026%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.48	−0.017%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.50	−0.001%	$233K	$1.7M	20x	as long as short
Bluefin SOL-PERPshort	+0.0100%	1h	116.50	+0.002%	$27K	$36K	25x
SunX SOL-USDT	+0.0100%	8h	116.54	+0.030%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.50	−0.001%	$225.6M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.51	+0.009%	$45.3M	$105.6M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.43	−0.057%	$8.0M	$39.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.56	+0.049%	—	$235.6M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	117.09	+0.506%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.76	+0.223%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0194%	1h	116.45	−0.040%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.48	−0.017%	$52.2M	$68.5M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.51	+0.005%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.58	+0.068%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0496%	1h	116.68	+0.154%	$25K	$56K	20x	as long as short