Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Aster+0.145%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$190.187% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 7 days−0.129%−$13 · spread now +0.145%, 7d avg +0.020%

Together, before fees−0.105%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board−$11 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: GRVT is 0.125% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SOLUSDT	116.51	0.0100	pay 0.0100% / 8h	4h 57m	$175.0M	$182.0M	100x
Short	GRVT SOL_USDT_Perp	116.68	0.0100	get 0.0100% / 8h	4h 57m	$47.8M	$29.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.145%Rate

Funding earned: $0
Price spread: +0.145% → +0.020%: $12.48
Slippage, 4 orders: −$1.72
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$6.24
Costs to cover: 0.187%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; GRVT: live order book, 2 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, 2 min ago	0.43 bp	4.4 bp −$4	4.6 bp −$46	6.9 bp −$694	38.8 bp −$19.4K
Sell GRVT live order book, 2 min ago	0.43 bp	4.9 bp −$5	5.3 bp −$53	9.8 bp −$978	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	116.43	−0.070%	$910	$8K	25x	as long as short
Vest SOL-PERP	−0.0073%	1h	116.42	−0.075%	—	$605K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.50	−0.012%	$54K	—	150x	as long as short
Lighter RH SOL	0.0000%	1h	116.48	−0.023%	$2.2M	$16.6M	25x	as long as short
dYdX SOL-USD	0.0000%	1h	116.32	−0.163%	$4.4M	$24.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.37	−0.120%	$1.4M	$18.8M	3.1x	as long as short
Hibachi SOL/USDT-P	+0.0008%	1h	116.56	+0.043%	$104K	$697K	20x	as long as short
Derive SOL-PERP	+0.0013%	1h	116.49	−0.020%	$1.9M	$2.8M	13x	as long as short
ApeX Omni SOLUSDT	+0.0018%	1h	116.81	+0.255%	$1.7M	$6.0M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0047%	1h	116.55	+0.037%	$26.3M	$25.2M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0064%	1h	116.38	−0.112%	$99K	$168K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.50	−0.012%	$7.7M	$403.2M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.50	−0.010%	$30.7M	$99.9M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0091%	8h	116.52	+0.005%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.51	−0.003%	$13.0M	$59.5M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.52	+0.005%	$341K	$228K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.31	−0.172%	$50K	$845K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.35	−0.137%	$1.0M	$517K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.42	−0.081%	$5.6M	$39.2M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.59	+0.069%	$707.2M	$395.1M	20x	as long as short
Aster SOLUSDTlong	+0.0100%	8h	116.51	long leg	$175.0M	$182.0M	100x
Pacifica SOL	+0.0100%	1h	116.34	−0.149%	$15.4M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.52	+0.009%	$960.7M	$3.76B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.46	−0.043%	$796.1M	$1.32B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.53	+0.017%	$364.5M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.27	−0.206%	$232K	$845K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.36	−0.124%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.86	+0.297%	$134.6M	$18.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.50	−0.009%	$850.3M	$649.6M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.50	−0.009%	$414.8M	$1.05B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.49	−0.019%	$127.3M	$215.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.50	−0.013%	$480.8M	$438.6M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.49	−0.018%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.53	+0.017%	$23.3M	$37.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.79	+0.241%	$24.5M	$115.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.79	+0.243%	$93.8M	$396.7M	75x	as long as short
GRVT SOL_USDT_Perpshort	+0.0100%	8h	116.68	+0.145%	$47.8M	$29.0M	20x
StandX SOL-USD	+0.0100%	1h	116.63	+0.103%	$1.3M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.43	−0.069%	$336K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.44	−0.064%	$148K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.51	+0.003%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.51	0.000%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.46	−0.039%	$226.0M	$46.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.55	+0.034%	$45.6M	$101.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.47	−0.031%	$8.0M	$36.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.32	−0.159%	—	$220.7M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.00	+0.421%	$6.5M	$13.3M	25x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	117.56	+0.901%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.46	−0.045%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.49	−0.017%	$51.7M	$71.7M	125x	as long as short
Perpl SOL	+0.0223%	43m	116.38	−0.112%	$128K	$3.7M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.48	−0.026%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0448%	1h	116.87	+0.305%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.42	−0.078%	$1.9M	$4.9M	20x	as long as short
Bluefin SOL-PERP	+0.1041%	1h	116.45	−0.050%	$25K	$29K	25x	as long as short