Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: Pacifica against OKX+0.073%49s7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as 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−$200.202% of the position

Long on OKX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.073%, 7d avg +0.024%

Together, before fees−0.046%+ Points / potential airdropPacifica: Active · farm board−$5 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: Pacifica is 0.049% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.024%. The two prices were read 49 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	OKX SOL-USDT-SWAP	116.60	0.0100	pay 0.0100% / 8h	1h 07m	$367.5M	$1.77B	100x
Short	Pacifica SOL	116.69	0.0100	get 0.0013% / 1h	7m 48s	$15.7M	$130.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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 OKXbpFee PacificabpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → +0.024%: $4.93
Slippage, 4 orders: −$2.19
Fee OKX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$15.25
Costs to cover: 0.202%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Pacifica: live order book, 1 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 OKX live order book, 1 min ago	0.43 bp	5.4 bp −$5	5.4 bp −$54	9.6 bp −$963	20.5 bp −$10.2K
Sell Pacifica live order book, 1 min ago	0.43 bp	4.5 bp −$5	7.5 bp −$75	doesn't fit	doesn't fit

SOL on 54 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
Hibachi SOL/USDT-P	−0.0200%	1h	116.61	+0.009%	$97K	$678K	20x	as long as short
Bybit SOLUSDT	−0.0113%	8h	116.60	0.000%	$739.1M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.63	+0.021%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.70	+0.084%	$32.3M	$106.1M	100x	as long as short
Vest SOL-PERP	−0.0046%	1h	116.63	+0.023%	—	$634K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.69	+0.075%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.63	+0.029%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.65	+0.046%	$106K	$3.5M	8.3x	as long as short
dYdX SOL-USD	+0.0017%	1h	116.62	+0.017%	$4.3M	$23.6M	20x	as long as short
Bitget SOLUSDT	+0.0038%	8h	116.63	+0.026%	$480.8M	$459.2M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0048%	1h	116.66	+0.051%	$99K	$178K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.69	+0.079%	$8.0M	$402.8M	50x	as long as short
Lighter RH SOL	+0.0056%	1h	116.58	−0.017%	$2.2M	$16.9M	25x	as long as short
Aster SOLUSDT	+0.0076%	8h	116.62	+0.017%	$176.5M	$169.5M	100x	as long as short
SoDEX SOL-USD	+0.0080%	1h	116.66	+0.051%	$6.1M	$11.0M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	116.66	+0.050%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0092%	8h	116.61	+0.006%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.61	+0.009%	$13.1M	$61.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.64	+0.036%	$351K	$252K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.60	0.000%	$66K	$910K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.62	+0.018%	$5.6M	$41.2M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.72	+0.103%	$701.4M	$408.2M	20x	as long as short
Pacifica SOLshort	+0.0100%	1h	116.69	+0.073%	$15.7M	$130.6M	20x
Binance SOLUSDT	+0.0100%	8h	116.59	−0.009%	$966.5M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAPlong	+0.0100%	8h	116.60	long leg	$367.5M	$1.77B	100x
Ondo Perps SOL-USD.P	+0.0100%	1h	116.62	+0.017%	$216K	$837K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.65	+0.039%	$900K	$8.7M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	−0.043%	$125.4M	$26.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.67	+0.060%	$850.6M	$675.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.63	+0.026%	$370.1M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.67	+0.057%	$133.0M	$233.2M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.61	+0.012%	—	$372.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.67	+0.060%	$23.1M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.52	−0.066%	$25.1M	$111.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.56	−0.038%	$93.6M	$408.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.59	−0.010%	$47.7M	$30.2M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.59	−0.009%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.63	+0.026%	$1.3M	$11.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.66	+0.051%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.67	+0.062%	$242K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.67	+0.062%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.63	+0.027%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.64	+0.032%	$225.8M	$50.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.66	+0.051%	$45.4M	$104.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.62	+0.015%	$8.0M	$38.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.65	+0.043%	—	$233.7M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0139%	1h	116.74	+0.117%	$26.4M	$21.7M	50x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.69	+0.077%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.72	+0.103%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.63	+0.027%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.58	−0.017%	$52.1M	$66.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.69	+0.073%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.72	+0.101%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0492%	1h	116.69	+0.073%	$25K	$57K	20x	as long as short