Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.12 per $10,000 · paid last 24h −0.036%
Price spread now: dYdX against Pacifica+0.003%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 7 days+0.175%+$18 · spread now +0.003%, 7d avg −0.020%
Together, before fees+0.082%+ Points / potential airdropPacifica: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.023% dearer against Pacifica than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.020%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.093% in total) that is about 41 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL118.800.0100pay 0.0013% / 1h40m 22s$12.3M$113.8M20x
ShortdYdX SOL-USD118.800.0000get 0.0000% / 1h40m 22s$4.9M$26.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$20.99
Price spread: +0.003% → −0.020%
$2.26
Slippage, 4 orders
−$14.62
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$51.35
Costs to cover
0.326%
Break-even
never at this rate
Slippage from Pacifica: live order book, 4 min ago; dYdX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 4 min ago0.42 bp5.3 bp −$56.2 bp −$62doesn't fitdoesn't fit
Sell dYdX live order book, 4 min ago4.21 bp9.2 bp −$913.0 bp −$13035.6 bp −$3,56066.6 bp −$33.3K

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SOL/USDC PERP−0.0151%1h118.89+0.079%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.69−0.087%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0080%1h118.72−0.067%$724K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.75−0.035%$842$8K25xas long as short
Aftermath Perps SOLUSD−0.0035%1h118.82+0.021%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.78−0.014%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.77−0.018%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.78−0.015%$179K$4.0M8.3xas long as short
dYdX SOL-USDshort0.0000%1h118.80+0.003%$4.9M$26.8M20x
ApeX Omni SOLUSDT+0.0039%1h118.74−0.047%$1.5M$6.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0048%1h118.83+0.032%$26.7M$27.7M50xas long as short
Orderly PERP_SOL_USDC+0.0060%8h118.78−0.016%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0070%8h118.66−0.119%$231.2M$43.7M75xas long as short
BingX SOL-USDT+0.0070%8h118.76−0.028%$371.6Mas long as short
01 Exchange SOLUSD+0.0072%1h118.77−0.022%$104K$152K20xas long as short
Gate SOL_USDT+0.0081%8h118.76−0.031%$857.6M$678.1M100xas long as short
Lighter SOL+0.0096%1h118.77−0.019%$13.4M$53.4M25xas long as short
Lighter RH SOL+0.0096%1h118.76−0.031%$2.0M$16.7M25xas long as short
KuCoin SOLUSDTM+0.0096%8h118.78−0.016%$143.6M$196.6M75xas long as short
Hibachi SOL/USDT-P+0.0096%1h118.83+0.029%$123K$606K20xas long as short
Aevo SOL-PERP+0.0096%1h118.73−0.053%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.74−0.051%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.73−0.056%$45K$780K20xas long as short
Nado SOL-PERP+0.0100%1h118.74−0.044%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.86+0.054%$716.6M$425.0M20xas long as short
Aster SOLUSDT+0.0100%8h118.74−0.047%$178.8M$174.5M100xas long as short
Pacifica SOLlong+0.0100%1h118.80long leg$12.3M$113.8M20x
Binance SOLUSDT+0.0100%8h118.76−0.029%$971.0M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.76−0.027%$820.8M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.74−0.047%$369.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.65−0.123%$233K$860K10xas long as short
Arcus SOL-USD+0.0100%1h118.80+0.005%$1.9M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.76−0.031%$466.7M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.76−0.034%$495.8M$448.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.78−0.014%$24.3M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h118.76−0.034%$27.4M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.77−0.022%$95.4M$397.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.66−0.116%$48.6M$33.1M20xas long as short
StandX SOL-USD+0.0100%1h118.77−0.022%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.77−0.022%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.75−0.036%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.77−0.026%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.76−0.033%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.76−0.031%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.75−0.039%$46.3M$99.9M50xas long as short
Bulk SOL-USD+0.0100%1h118.71−0.073%$133.1M$11.8M20xas long as short
Extended SOL-USD+0.0104%1h118.74−0.044%$8.6M$37.1M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.82+0.022%$8.1M$413.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.78−0.017%$217.4M500xas long as short
Phoenix SOL+0.0154%1h118.92+0.104%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.78−0.010%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h118.78−0.011%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.77−0.025%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.75−0.039%$51.8M$86.7M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.84+0.033%$36.1M$89.7M100xas long as short