Funding you earn now, next payment 22:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.16 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Kraken Futures+0.065%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 3 days (all we have)+0.208%+$21 · spread now +0.065%, 7d avg +0.030%
=Together, before fees+0.102%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.034% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.030%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.106% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOLUSD | 118.66 | 0.0224 | pay 0.0028% / 1h | 38m 59s | $36.0M | $89.7M | 100x |
| Short | Pacifica SOL | 118.74 | 0.0100 | get 0.0013% / 1h | 38m 59s | $12.4M | $114.1M | 20x |
Kraken Futures PF_SOLUSD
Pacifica SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26.09
- Price spread: +0.065% → +0.030%
- $3.44
- Slippage, 4 orders
- −$6.32
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$46.96
- Costs to cover
- 0.243%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Pacifica: 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 Kraken Futures live order book, 5 min ago | 0.42 bp | 6.9 bp −$7 | 10.2 bp −$102 | 15.0 bp −$1,501 | 29.3 bp −$14.6K |
| Sell Pacifica live order book, 5 min ago | 0.42 bp | 4.7 bp −$5 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0151% | 1h | 118.89 | +0.190% | $4K | $2K | 12x | as long as short |
| Derive SOL-PERP | −0.0104% | 1h | 118.61 | −0.043% | $2.0M | $3.2M | 13x | as long as short |
| Vest SOL-PERP | −0.0080% | 1h | 118.64 | −0.025% | — | $724K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.75 | +0.073% | $842 | $8K | 25x | as long as short |
| Aftermath Perps SOLUSD | −0.0033% | 1h | 118.81 | +0.123% | $24K | $48K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.70 | +0.028% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.70 | +0.031% | $1.2M | $20.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.65 | −0.011% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 118.73 | +0.059% | $26.6M | $27.7M | 50x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 118.73 | +0.056% | $4.9M | $26.8M | 20x | as long as short |
Injective SOL/USDC PERP
Derive SOL-PERP
Vest SOL-PERP
Hotstuff SOL-PERP
Aftermath Perps SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
dYdX SOL-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | +0.0042% | 1h | 118.74 | +0.063% | $1.5M | $6.2M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0060% | 8h | 118.70 | +0.031% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0068% | 8h | 118.58 | −0.068% | $231.0M | $43.6M | 75x | as long as short |
| BingX SOL-USDC | +0.0070% | 8h | 118.70 | +0.029% | — | $10.5M | — | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 118.68 | +0.013% | $104K | $151K | 20x | as long as short |
| Gate SOL_USDT | +0.0082% | 8h | 118.69 | +0.021% | $857.4M | $678.6M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0088% | 1h | 118.79 | +0.108% | $123K | $606K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.65 | −0.009% | $13.4M | $53.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.64 | −0.020% | $2.0M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.67 | +0.005% | $353K | $741K | 20x | as long as short |
| KuCoin SOLUSDTM | +0.0097% | 8h | 118.72 | +0.049% | $143.2M | $196.6M | 75x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.66 | −0.007% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.66 | −0.004% | $45K | $780K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.72 | +0.050% | $5.5M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.77 | +0.089% | $716.1M | $412.6M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.68 | +0.013% | $178.7M | $174.6M | 100x | as long as short |
| Pacifica SOLshort | +0.0100% | 1h | 118.74 | +0.065% | $12.4M | $114.1M | 20x | |
| Binance SOLUSDT | +0.0100% | 8h | 118.75 | +0.072% | $970.9M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.77 | +0.089% | $821.6M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.74 | +0.063% | $369.2M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.76 | +0.080% | $233K | $861K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.72 | +0.047% | $1.9M | $8.9M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.73 | +0.055% | $466.9M | $1.08B | 300x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.71 | +0.036% | $495.6M | $448.4M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.68 | +0.013% | $24.2M | $38.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.76 | +0.077% | $27.4M | $127.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.71 | +0.039% | $95.3M | $397.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.74 | +0.066% | $48.6M | $33.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.80 | +0.114% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.65 | −0.012% | $363K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.67 | +0.009% | $200K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.68 | +0.010% | $37K | $15K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.67 | +0.007% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.64 | −0.021% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.64 | −0.021% | $46.3M | $99.9M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.71 | +0.038% | $133.1M | $11.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.70 | +0.032% | $8.6M | $37.1M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 118.68 | +0.011% | $8.1M | $413.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.67 | +0.007% | — | $217.3M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 118.79 | +0.106% | $6.7M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0091% | 1h | 118.70 | +0.028% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 118.68 | +0.013% | $1.6M | $6.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.65 | −0.013% | $1.1M | $557K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.63 | −0.029% | $51.6M | $86.7M | 125x | as long as short |
| Kraken Futures PF_SOLUSDlong | +0.0224% | 1h | 118.66 | long leg | $36.0M | $89.7M | 100x |
ApeX Omni SOLUSDT
Orderly PERP_SOL_USDC
HTX SOL-USDT
BingX SOL-USDC
01 Exchange SOLUSD
Gate SOL_USDT
Hibachi SOL/USDT-P
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
KuCoin SOLUSDTM
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
MEXC SOL_USDT
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT