Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against Pacifica−0.040%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$190.188% of the position

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.040%, 7d avg −0.009%

Together, before fees+0.046%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · 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: Aster is 0.031% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SOL	118.84	0.0100	pay 0.0013% / 1h	42m 27s	$12.4M	$113.8M	20x
Short	Aster SOLUSDT	118.80	0.0100	get 0.0100% / 8h	2h 42m	$179.1M	$174.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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 PacificabpFee AsterbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → −0.009%: −$3.13
Slippage, 4 orders: −$2.83
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.96
Costs to cover: 0.188%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Aster: 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 Pacifica live order book, 2 min ago	0.42 bp	5.3 bp −$5	6.2 bp −$62	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	0.42 bp	4.4 bp −$4	5.0 bp −$50	7.4 bp −$741	24.1 bp −$12.1K

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	+0.039%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.78	−0.057%	$2.0M	$3.2M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.81	−0.028%	$842	$8K	25x	as long as short
Vest SOL-PERP	−0.0080%	1h	118.74	−0.084%	—	$724K	20x	as long as short
Aftermath Perps SOLUSD	−0.0040%	1h	118.85	+0.005%	$24K	$48K	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.82	−0.020%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.86	+0.014%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.80	−0.033%	$179K	$4.0M	8.3x	as long as short
dYdX SOL-USD	0.0000%	1h	118.87	+0.018%	$4.9M	$26.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0039%	1h	118.74	−0.087%	$1.5M	$6.2M	50x	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	+0.0039%	1h	118.91	+0.058%	$26.7M	$27.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0059%	8h	118.86	+0.015%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0072%	8h	118.76	−0.074%	$231.4M	$43.6M	75x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	118.80	−0.037%	$105K	$152K	20x	as long as short
Gate SOL_USDT	+0.0080%	8h	118.85	+0.005%	$858.4M	$677.4M	100x	as long as short
KuCoin SOLUSDTM	+0.0095%	8h	118.80	−0.038%	$144.0M	$196.5M	75x	as long as short
Lighter SOL	+0.0096%	1h	118.81	−0.027%	$13.4M	$53.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.81	−0.032%	$2.0M	$16.7M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	118.81	−0.027%	$123K	$606K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.83	−0.009%	$353K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.77	−0.060%	$1.0M	$525K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.78	−0.054%	$45K	$780K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.78	−0.050%	$5.5M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.87	+0.022%	$716.7M	$424.9M	20x	as long as short
Aster SOLUSDTshort	+0.0100%	8h	118.80	−0.040%	$179.1M	$174.5M	100x
Pacifica SOLlong	+0.0100%	1h	118.84	long leg	$12.4M	$113.8M	20x
Binance SOLUSDT	+0.0100%	8h	118.78	−0.054%	$971.2M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.79	−0.043%	$819.1M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.76	−0.070%	$370.0M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.65	−0.163%	$233K	$860K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.85	+0.005%	$1.9M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.88	+0.032%	$133.2M	$12.7M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.81	−0.028%	$466.4M	$1.07B	300x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.78	−0.057%	$495.7M	$448.8M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	118.78	−0.058%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.84	−0.003%	$24.3M	$38.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.85	+0.002%	$27.6M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.77	−0.061%	$95.4M	$397.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.66	−0.156%	$48.6M	$33.1M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.76	−0.070%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.79	−0.045%	$364K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.78	−0.052%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.84	−0.002%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.81	−0.029%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.84	−0.003%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.82	−0.020%	$46.3M	$99.8M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.77	−0.064%	$8.6M	$37.1M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.90	+0.045%	$8.1M	$414.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.85	+0.006%	—	$217.8M	500x	as long as short
Phoenix SOL	+0.0154%	1h	118.92	+0.064%	$6.7M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0091%	1h	118.80	−0.035%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0175%	1h	118.84	−0.005%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.77	−0.064%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.84	−0.003%	$51.8M	$86.7M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.87	+0.023%	$36.1M	$89.8M	100x	as long as short