Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.002%

Price spread now: 01 Exchange against Aster−0.059%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on Aster Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.030%+$3 on $10k

Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.059%, 7d avg +0.021%

Together, before fees+0.158%+ Points / potential airdropAster: Stage 5 · farm board+$16 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 01 Exchange is 0.080% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SOLUSDT	119.24	0.0100	pay 0.0100% / 8h	1h 56m	$178.8M	$176.0M	100x
Short	01 Exchange SOLUSD	119.17	0.0072	get 0.0009% / 1h	56m 58s	$104K	$152K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.059%Rate

Funding earned: −$5.88
Price spread: −0.059% → +0.021%: −$8.01
Slippage, 4 orders: −$11.04
Fee Aster: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$39.93
Costs to cover: 0.260%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; 01 Exchange: live order book, 27 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	0.42 bp	4.4 bp −$4	4.7 bp −$47	6.9 bp −$687	31.3 bp −$15.6K
Sell 01 Exchange live order book, 27 min ago	0.83 bp	8.8 bp −$9	12.9 bp −$129	doesn't fit	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
Derive SOL-PERP	−0.0100%	1h	119.11	−0.110%	$2.0M	$3.1M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.09	−0.123%	$844	$8K	25x	as long as short
Vest SOL-PERP	−0.0064%	1h	119.11	−0.108%	—	$724K	20x	as long as short
dYdX SOL-USD	−0.0016%	1h	119.16	−0.068%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.15	−0.075%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.17	−0.055%	$1.2M	$20.7M	3.1x	as long as short
Hibachi SOL/USDT-P	0.0000%	1h	119.17	−0.061%	$120K	$625K	20x	as long as short
Perpl SOL	0.0000%	43m	119.13	−0.092%	$179K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.17	−0.059%	$26.7M	$27.6M	50x	as long as short
Aftermath Perps SOLUSD	+0.0051%	1h	119.20	−0.037%	$24K	$47K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0063%	8h	119.17	−0.055%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0065%	8h	119.15	−0.080%	$232.1M	$44.7M	75x	as long as short
01 Exchange SOLUSDshort	+0.0072%	1h	119.17	−0.059%	$104K	$152K	20x
BingX SOL-USDT	+0.0080%	8h	119.31	+0.058%	—	$374.7M	—	as long as short
Gate SOL_USDT	+0.0091%	8h	119.24	−0.001%	$868.8M	$674.7M	100x	as long as short
ApeX Omni SOLUSDT	+0.0095%	1h	119.15	−0.076%	$1.5M	$6.2M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.13	−0.091%	$13.6M	$54.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.11	−0.106%	$2.1M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.11	−0.106%	$353K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.12	−0.101%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.14	−0.085%	$48K	$787K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.13	−0.097%	$6.3M	$42.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.30	+0.050%	$719.9M	$414.8M	20x	as long as short
Aster SOLUSDTlong	+0.0100%	8h	119.24	long leg	$178.8M	$176.0M	100x
Pacifica SOL	+0.0100%	1h	119.18	−0.052%	$12.4M	$116.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.31	+0.062%	$978.1M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.33	+0.076%	$823.7M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.33	+0.075%	$372.5M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.14	−0.085%	$233K	$875K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.17	−0.056%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.05	−0.157%	$133.5M	$10.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.30	+0.050%	$437.7M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.27	+0.020%	$140.6M	$199.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.25	+0.005%	$497.2M	$453.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.23	−0.009%	$24.1M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.18	−0.051%	$27.4M	$127.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.12	−0.100%	$95.7M	$396.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.08	−0.135%	$48.7M	$33.0M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.18	−0.051%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.16	−0.068%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.10	−0.116%	$203K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.17	−0.062%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.08	−0.131%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.11	−0.110%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.16	−0.068%	$46.6M	$102.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.19	−0.039%	$8.7M	$36.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.16	−0.067%	$8.2M	$415.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.11	−0.113%	—	$222.2M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0150%	1h	119.11	−0.113%	$33.6M	$93.6M	100x	as long as short
Phoenix SOL	+0.0154%	1h	119.22	−0.017%	$6.5M	$12.3M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0089%	1h	119.14	−0.083%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.18	−0.052%	$1.1M	$558K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.17	−0.059%	$1.6M	$6.0M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.41	+0.142%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.11	−0.110%	$52.0M	$86.9M	125x	as long as short