Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%

Price spread now: Bluefin against Pacifica−0.015%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.568%−$57 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SOL	116.25	0.0100	pay 0.0013% / 1h	42m 45s	$15.7M	$130.3M	20x
Short	Bluefin SOL-PERP	116.23	0.0100	get 0.0013% / 1h	42m 45s	$25K	$33K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin 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 BluefinbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → 0.000%: −$1.5
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$16.5
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 1 min ago; Bluefin: no order-book sample. Net counts fees only.

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, 1 min ago	0.43 bp	4.4 bp −$4	6.0 bp −$60	doesn't fit	doesn't fit
Sell Bluefin no order-book sample	—	—	—	—	—

Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_SOLUSD	−0.0240%	1h	116.22	−0.024%	$31.5M	$103.2M	100x	as long as short
Hibachi SOL/USDT-P	−0.0232%	1h	116.39	+0.122%	$105K	$705K	20x	as long as short
Vest SOL-PERP	−0.0126%	1h	116.23	−0.018%	—	$625K	20x	as long as short
Bybit SOLUSDT	−0.0115%	8h	116.16	−0.073%	$742.6M	$1.41B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.32	+0.061%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0051%	1h	116.14	−0.096%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.24	−0.006%	$42K	—	150x	as long as short
01 Exchange SOLUSD	0.0000%	1h	116.27	+0.019%	$99K	$176K	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.34	+0.080%	$1.4M	$19.1M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.29	+0.033%	$112K	$3.7M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0016%	1h	116.24	−0.006%	$4.4M	$24.2M	20x	as long as short
Bullet SOL-USD	+0.0047%	1h	116.22	−0.023%	$147K	$1.6M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.23	−0.016%	$7.7M	$404.5M	50x	as long as short
Bitget SOLUSDT	+0.0074%	8h	116.23	−0.012%	$480.8M	$450.3M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0076%	1h	116.27	+0.021%	$26.2M	$22.9M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	116.22	−0.019%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.22	−0.021%	$13.0M	$60.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.22	−0.028%	$2.2M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.22	−0.027%	$349K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.23	−0.015%	$60K	$899K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	116.23	−0.017%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.26	+0.011%	$5.3M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.34	+0.080%	$698.5M	$394.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.21	−0.032%	$174.2M	$183.3M	100x	as long as short
Pacifica SOLlong	+0.0100%	1h	116.25	long leg	$15.7M	$130.3M	20x
Binance SOLUSDT	+0.0100%	8h	116.21	−0.034%	$969.2M	$3.85B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.19	−0.049%	$365.7M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.17	−0.067%	$213K	$870K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.31	+0.058%	$917K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	+0.174%	$130.4M	$16.4M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.25	+0.002%	$849.4M	$660.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.21	−0.032%	$365.4M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.19	−0.046%	$123.7M	$227.7M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.26	+0.011%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.22	−0.024%	$22.9M	$40.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.26	+0.015%	$25.0M	$114.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.45	+0.178%	$93.5M	$403.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.31	+0.054%	$47.6M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.42	+0.153%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.37	+0.105%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.24	−0.006%	$320K	$2.7M	20x	as long as short
Bluefin SOL-PERPshort	+0.0100%	1h	116.23	−0.015%	$25K	$33K	25x
SunX SOL-USDT	+0.0100%	8h	116.27	+0.021%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.21	−0.032%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.24	−0.003%	$225.2M	$48.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.25	+0.002%	$45.3M	$103.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.20	−0.043%	$8.1M	$38.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.29	+0.036%	—	$237.9M	500x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.260%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.48	+0.200%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.22	−0.025%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.20	−0.041%	$51.9M	$67.4M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.23	−0.018%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	116.34	+0.078%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0597%	1h	116.40	+0.133%	$25K	$52K	20x	as long as short