Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Binance against Pacifica−0.034%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on Pacifica Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days+0.020%+$2 · spread now −0.034%, 7d avg −0.010%

Together, before fees+0.026%+ Points / potential airdropPacifica: Active · farm board+$3 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: Binance is 0.024% cheaper against Pacifica than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SOL	119.13	0.0100	pay 0.0013% / 1h	36m 43s	$12.3M	$120.7M	20x
Short	Binance SOLUSDT	119.09	0.0100	get 0.0100% / 8h	36m 43s	$982.5M	$3.82B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → −0.010%: −$2.4
Slippage, 4 orders: −$3.04
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.44
Costs to cover: 0.210%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Binance: live order book, 7 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	5.5 bp −$6	7.1 bp −$71	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.42 bp	5.4 bp −$5	5.4 bp −$54	9.0 bp −$898	16.5 bp −$8,247

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	119.22	+0.078%	$845	$8K	25x	as long as short
Derive SOL-PERP	−0.0073%	1h	119.01	−0.103%	$2.0M	$2.8M	13x	as long as short
Vest SOL-PERP	−0.0070%	1h	119.09	−0.031%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0018%	1h	119.10	−0.029%	$4.9M	$28.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.10	−0.026%	$113K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.17	+0.030%	$1.3M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.12	−0.009%	$177K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.14	+0.010%	$26.6M	$26.0M	50x	as long as short
ApeX Omni SOLUSDT	+0.0035%	1h	119.30	+0.144%	$1.5M	$6.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0073%	8h	119.11	−0.019%	$1.1M	$5.9M	100x	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	+0.0080%	1h	119.23	+0.084%	$104K	$158K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.08	−0.043%	—	$372.0M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.06	−0.059%	$865.4M	$677.6M	100x	as long as short
HTX SOL-USDT	+0.0090%	8h	119.02	−0.094%	$231.7M	$45.1M	75x	as long as short
Lighter SOL	+0.0096%	1h	119.10	−0.025%	$13.6M	$55.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.08	−0.041%	$2.2M	$16.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	119.34	+0.177%	$122K	$634K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.07	−0.048%	$353K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.12	−0.007%	$8.1M	$417.4M	50x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.06	−0.060%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.20	+0.059%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.13	+0.004%	$6.1M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.18	+0.042%	$721.5M	$411.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.08	−0.042%	$178.6M	$175.7M	100x	as long as short
Pacifica SOLlong	+0.0100%	1h	119.13	long leg	$12.3M	$120.7M	20x
Binance SOLUSDTshort	+0.0100%	8h	119.09	−0.034%	$982.5M	$3.82B	100x
Bybit SOLUSDT	+0.0100%	8h	119.11	−0.017%	$826.3M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.08	−0.042%	$373.4M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.08	−0.042%	$233K	$874K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.12	−0.006%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.35	+0.185%	$134.1M	$6.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.09	−0.034%	$456.6M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.10	−0.028%	$139.0M	$204.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.07	−0.048%	$493.8M	$460.0M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.08	−0.042%	$24.3M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.41	+0.235%	$27.3M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.32	+0.158%	$95.8M	$402.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.40	+0.227%	$48.9M	$31.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.38	+0.210%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.10	−0.025%	$366K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.07	−0.047%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.09	−0.037%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.21	+0.067%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.09	−0.034%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.06	−0.059%	$46.5M	$102.8M	50x	as long as short
Aftermath Perps SOLUSD	+0.0100%	1h	119.40	+0.229%	$24K	$47K	20x	as long as short
Phoenix SOL	+0.0100%	1h	119.38	+0.210%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	119.05	−0.067%	$8.7M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	119.10	−0.023%	$32.6M	$97.1M	100x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.29	+0.138%	—	$224.9M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0169% / S −0.0069%	1h	119.09	−0.030%	$3.8M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.60	+0.395%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.05	−0.065%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.09	−0.034%	$52.2M	$82.7M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.23	+0.086%	$1.7M	$5.2M	20x	as long as short