Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h +0.010%

Price spread now: Aster against ApeX Omni−0.275%69s7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs+$6as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.211% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.266%+$27 on $10k

Price spread, last 7 days+0.246%+$25 · spread now −0.275%, 7d avg +0.007%

Together, before fees+0.512%+ Points / potential airdropAster: Stage 5 · farm board+$51 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.282% cheaper against ApeX Omni than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.266%, so the current rate has only just turned against you. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOLUSDT	116.50	0.0100	pay 0.0013% / 1h	40m 23s	$1.2M	$6.7M	50x
Short	Aster SOLUSDT	116.18	0.0053	get 0.0053% / 8h	7h 40m	$176.8M	$169.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.275%Rate

Funding earned: −$9.89
Price spread: −0.275% → +0.007%: −$28.19
Slippage, 4 orders: −$3.09
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$59.17
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 4 min ago; Aster: live order book, 4 min ago.

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 ApeX Omni live order book, 4 min ago	0.86 bp	5.9 bp −$6	8.7 bp −$87	63.1 bp −$6,314	doesn't fit
Sell Aster live order book, 4 min ago	0.43 bp	4.4 bp −$4	4.5 bp −$45	7.3 bp −$729	67.2 bp −$33.6K

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
Hotstuff SOL-PERP	−0.0080%	1h	116.29	−0.186%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	116.30	−0.173%	$32.3M	$106.0M	100x	as long as short
Vest SOL-PERP	−0.0004%	1h	116.21	−0.257%	—	$636K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.24	−0.229%	$42K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.28	−0.193%	$4.3M	$23.3M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.31	−0.170%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.26	−0.210%	$103K	$3.4M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0001%	1h	116.32	−0.160%	$26.2M	$21.6M	50x	as long as short
Derive SOL-PERP	+0.0007%	1h	116.19	−0.270%	$1.8M	$2.9M	13x	as long as short
Bybit SOLUSDT	+0.0018%	8h	116.21	−0.253%	$730.5M	$1.40B	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SOLUSDT	+0.0025%	8h	116.21	−0.254%	$479.4M	$452.4M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.30	−0.178%	$7.8M	$393.7M	50x	as long as short
Aster SOLUSDTshort	+0.0053%	8h	116.18	−0.275%	$176.8M	$169.8M	100x
Orderly PERP_SOL_USDC	+0.0068%	8h	116.23	−0.233%	$1.0M	$5.9M	100x	as long as short
Gate SOL_USDT	+0.0075%	8h	116.19	−0.270%	$847.0M	$610.0M	100x	as long as short
SoDEX SOL-USD	+0.0091%	1h	116.26	−0.210%	$6.1M	$11.0M	20x	as long as short
Lighter SOL	+0.0096%	1h	116.25	−0.219%	$13.0M	$56.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.23	−0.236%	$2.2M	$14.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.22	−0.246%	$351K	$255K	20x	as long as short
Paradex SOL-USD-PERP	+0.0097%	8h	116.25	−0.218%	$1.0M	$554K	50x	as long as short
Phemex SOLUSDT	+0.0098%	8h	116.29	−0.185%	$45.2M	$103.5M	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.18	−0.279%	$64K	$901K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.23	−0.235%	$5.4M	$41.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.32	−0.159%	$694.9M	$407.8M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.29	−0.186%	$15.7M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.23	−0.236%	$960.9M	$3.83B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.25	−0.219%	$365.7M	$1.74B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.16	−0.296%	$218K	$844K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.24	−0.229%	$918K	$8.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.19	−0.270%	$371.8M	$1.05B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.19	−0.267%	$129.6M	$237.3M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.21	−0.254%	—	$372.3M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.28	−0.193%	$22.9M	$36.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.24	−0.231%	$24.8M	$105.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.47	−0.032%	$93.5M	$405.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.40	−0.091%	$47.6M	$28.5M	20x	as long as short
ApeX Omni SOLUSDTlong	+0.0100%	1h	116.50	long leg	$1.2M	$6.7M	50x
StandX SOL-USD	+0.0100%	1h	116.40	−0.090%	$1.3M	$11.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.22	−0.245%	$318K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.21	−0.253%	$282K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.26	−0.210%	$189K	$1.7M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.35	−0.136%	$225.3M	$50.5M	75x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	−0.047%	$126.0M	$25.6M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.17	−0.283%	$8.2M	$36.3M	50x	as long as short
Hibachi SOL/USDT-P	+0.0104%	1h	116.32	−0.160%	$100K	$683K	20x	as long as short
01 Exchange SOLUSD	+0.0112%	1h	116.23	−0.236%	$101K	$182K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.30	−0.174%	—	$230.9M	500x	as long as short
Phoenix SOL	+0.0124%	1h	116.60	+0.082%	$6.5M	$13.4M	25x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−0.142%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0197%	1h	116.16	−0.298%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.26	−0.210%	$51.9M	$64.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.40	−0.091%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0410%	1h	116.39	−0.100%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	116.32	−0.160%	$2.1M	$4.8M	20x	as long as short
Bluefin SOL-PERP	+0.0952%	1h	116.23	−0.239%	$27K	$36K	25x	as long as short