Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Aster−0.030%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$150.154% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 7 days+0.014%+$1 · spread now −0.030%, 7d avg −0.055%

Together, before fees+0.064%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.025% dearer against Aster than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SOLUSDT	118.56	0.0100	pay 0.0100% / 8h	7h 49m	$178.1M	$177.2M	100x
Short	Extended SOL-USD	118.53	0.0104	get 0.0013% / 1h	49m 35s	$8.6M	$35.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0.84
Price spread: −0.030% → −0.055%: $2.46
Slippage, 4 orders: −$2.44
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$12.14
Costs to cover: 0.154%
Break-even: 108.1 days

Slippage from Aster: live order book, 5 min ago; Extended: live order book, 5 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 Aster live order book, 5 min ago	0.42 bp	5.2 bp −$5	5.3 bp −$53	7.3 bp −$729	28.4 bp −$14.2K
Sell Extended live order book, 5 min ago	0.42 bp	2.9 bp −$3	2.9 bp −$29	6.3 bp −$631	doesn't fit

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	118.56	−0.002%	$841	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	118.51	−0.040%	—	$612K	20x	as long as short
ApeX Omni SOLUSDT	−0.0074%	1h	118.67	+0.092%	$1.5M	$6.1M	50x	as long as short
Derive SOL-PERP	−0.0062%	1h	118.39	−0.143%	$2.0M	$2.8M	13x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	118.48	−0.072%	$32.3M	$97.5M	100x	as long as short
dYdX SOL-USD	−0.0009%	1h	118.54	−0.018%	$4.8M	$27.7M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.56	−0.001%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.53	−0.023%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.56	−0.005%	$156K	$3.9M	8.3x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	118.60	+0.033%	$103K	$158K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0065%	1h	118.53	−0.025%	$26.5M	$25.2M	50x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	118.74	+0.147%	$121K	$635K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0079%	8h	118.47	−0.073%	$1.0M	$5.9M	100x	as long as short
BingX SOL-USDT	+0.0080%	8h	118.55	−0.010%	—	$369.7M	—	as long as short
HTX SOL-USDT	+0.0087%	8h	118.41	−0.131%	$230.4M	$44.8M	75x	as long as short
Gate SOL_USDT	+0.0088%	8h	118.54	−0.018%	$858.6M	$660.2M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.52	−0.037%	$8.1M	$414.3M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.55	−0.011%	$14.0M	$55.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.53	−0.027%	$2.1M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.61	+0.042%	$348K	$440K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.59	+0.021%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.52	−0.035%	$47K	$787K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.57	+0.009%	$5.8M	$41.1M	40x	as long as short
Aster SOLUSDTlong	+0.0100%	8h	118.56	long leg	$178.1M	$177.2M	100x
Pacifica SOL	+0.0100%	1h	118.59	+0.028%	$12.2M	$123.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.58	+0.014%	$976.8M	$3.80B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.59	+0.024%	$821.8M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.55	−0.010%	$369.6M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.48	−0.069%	$232K	$870K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.60	+0.029%	$1.9M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.81	+0.213%	$133.9M	$4.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.56	−0.001%	$425.2M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.59	+0.027%	$137.8M	$207.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.54	−0.016%	$491.6M	$448.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.51	−0.043%	$24.1M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.57	+0.004%	$27.0M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.67	+0.088%	$95.3M	$403.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.67	+0.092%	$48.6M	$30.5M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.57	+0.007%	$1.3M	$13.7M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.56	−0.001%	$358K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.55	−0.007%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.45	−0.090%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.57	+0.006%	$192K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.49	−0.060%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.55	−0.010%	$46.4M	$101.6M	50x	as long as short
Extended SOL-USDshort	+0.0104%	1h	118.53	−0.030%	$8.6M	$35.9M	50x
Hyperliquid SOL	+0.0111%	1h	118.65	+0.075%	$718.3M	$403.8M	20x	as long as short
Phoenix SOL	+0.0114%	1h	118.79	+0.193%	$6.6M	$13.6M	25x	as long as short
Aftermath Perps SOLUSD	+0.0119%	1h	118.68	+0.101%	$24K	$48K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.54	−0.020%	—	$223.5M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.56	+0.001%	$1.8M	$4.7M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0166% / S −0.0066%	1h	118.55	−0.011%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	118.66	+0.083%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0185%	1h	118.55	−0.007%	$1.1M	$529K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.54	−0.018%	$51.9M	$79.7M	125x	as long as short