Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Pacifica−0.035%46s7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as 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−$240.244% of the position

Long on Pacifica Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days+0.037%+$4 · spread now −0.035%, 7d avg −0.008%

Together, before fees+0.013%+ Points / potential airdropPacifica: Active · farm board+$1 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: KuCoin is 0.026% 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 −0.008%. The two prices were read 46 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	Pacifica SOL	116.56	0.0100	pay 0.0013% / 1h	52m 46s	$15.7M	$130.5M	20x
Short	KuCoin SOLUSDTM	116.52	0.0100	get 0.0100% / 8h	52m 46s	$133.0M	$233.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → −0.008%: −$2.64
Slippage, 4 orders: −$4.4
Fee Pacifica: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$27.04
Costs to cover: 0.244%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; KuCoin: live order book, 6 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, 1 min ago	0.43 bp	4.4 bp −$4	6.5 bp −$65	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	0.04 bp	6.3 bp −$6	9.5 bp −$95	19.3 bp −$1,930	doesn't fit

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
Hibachi SOL/USDT-P	−0.0200%	1h	116.61	+0.038%	$96K	$680K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.48	−0.067%	$32.2M	$106.1M	100x	as long as short
Bybit SOLUSDT	−0.0113%	8h	116.52	−0.036%	$737.8M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.54	−0.019%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0061%	1h	116.39	−0.152%	$1.9M	$3.0M	13x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.62	+0.049%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0045%	1h	116.46	−0.087%	—	$633K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.48	−0.071%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.54	−0.019%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.47	−0.078%	$106K	$3.5M	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	+0.0004%	1h	116.58	+0.012%	$4.3M	$23.6M	20x	as long as short
SoDEX SOL-USD	+0.0029%	1h	116.45	−0.097%	$6.1M	$11.0M	20x	as long as short
Bitget SOLUSDT	+0.0031%	8h	116.56	−0.006%	$480.9M	$458.3M	100x	as long as short
Lighter RH SOL	+0.0032%	1h	116.47	−0.083%	$2.2M	$16.6M	25x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.47	−0.080%	$8.0M	$401.2M	50x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.55	−0.011%	$100K	$176K	20x	as long as short
Aster SOLUSDT	+0.0067%	8h	116.54	−0.019%	$176.8M	$168.7M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0079%	1h	116.52	−0.037%	$26.4M	$21.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0079%	8h	116.43	−0.111%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0094%	8h	116.55	−0.014%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.50	−0.058%	$13.2M	$60.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.46	−0.092%	$351K	$256K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.48	−0.071%	$66K	$909K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.46	−0.087%	$5.3M	$41.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.61	+0.040%	$701.1M	$406.9M	20x	as long as short
Pacifica SOLlong	+0.0100%	1h	116.56	long leg	$15.7M	$130.5M	20x
Binance SOLUSDT	+0.0100%	8h	116.55	−0.011%	$965.3M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.53	−0.028%	$367.5M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.45	−0.097%	$216K	$824K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.52	−0.035%	$897K	$8.6M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	−0.095%	$125.5M	$24.9M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.51	−0.045%	$851.5M	$657.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.53	−0.028%	$372.9M	$1.06B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	116.52	−0.035%	$133.0M	$233.1M	75x
BingX SOL-USDC	+0.0100%	8h	116.50	−0.051%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.49	−0.062%	$23.0M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.38	−0.154%	$24.9M	$110.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.47	−0.078%	$93.5M	$405.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.55	−0.009%	$47.7M	$29.6M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.52	−0.040%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.54	−0.019%	$1.3M	$11.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.48	−0.071%	$312K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.46	−0.084%	$242K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.47	−0.080%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.44	−0.101%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.51	−0.043%	$225.6M	$50.6M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.50	−0.054%	$45.3M	$104.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.50	−0.054%	$8.0M	$37.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.53	−0.030%	—	$234.0M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.59	+0.024%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.42	−0.121%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.45	−0.097%	$52.1M	$66.5M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.47	−0.078%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0483%	1h	116.55	−0.012%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.57	+0.010%	$2.1M	$4.8M	20x	as long as short