Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against Pacifica+0.102%48s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as 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−$240.236% of the position

Long on Pacifica Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.083%−$8 · spread now +0.102%, 7d avg −0.006%

Together, before fees−0.094%+ Points / potential airdropPacifica: Active · farm board−$9 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: Polymarket Perps is 0.108% dearer against Pacifica than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 48 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	119.05	0.0100	pay 0.0013% / 1h	29m 32s	$13.4M	$109.6M	20x
Short	Polymarket Perps SOL-USD	119.17	0.0100	get 0.0013% / 1h	29m 32s	$363K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.102%Rate

Funding earned: $0
Price spread: +0.102% → −0.006%: $10.83
Slippage, 4 orders: −$7.62
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$12.79
Costs to cover: 0.236%
Break-even: never at this rate

Slippage from Pacifica: live order book, 5 min ago; Polymarket Perps: live order book, 5 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, 5 min ago	0.42 bp	4.4 bp −$4	6.1 bp −$61	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	0.42 bp	6.4 bp −$6	10.0 bp −$100	doesn't fit	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
Vest SOL-PERP	−0.0096%	1h	119.10	+0.045%	—	$731K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.05	+0.005%	$844	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0065%	1h	119.11	+0.049%	$24K	$48K	20x	as long as short
dYdX SOL-USD	−0.0018%	1h	119.10	+0.043%	$4.9M	$26.4M	20x	as long as short
Derive SOL-PERP	−0.0001%	1h	119.02	−0.020%	$2.0M	$3.0M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.10	+0.047%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.21	+0.140%	$1.2M	$21.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.13	+0.066%	$196K	$4.1M	8.3x	as long as short
01 Exchange SOLUSD	+0.0024%	1h	118.98	−0.057%	$105K	$148K	20x	as long as short
HTX SOL-USDT	+0.0052%	8h	119.18	+0.111%	$232.3M	$43.1M	75x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0055%	8h	119.10	+0.042%	$1.1M	$5.8M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0061%	1h	119.13	+0.073%	$26.7M	$27.8M	50x	as long as short
KuCoin SOLUSDTM	+0.0067%	8h	119.03	−0.011%	$136.9M	$182.8M	75x	as long as short
Gate SOL_USDT	+0.0078%	8h	119.04	−0.007%	$858.9M	$674.8M	100x	as long as short
Bitget SOLUSDT	+0.0080%	8h	119.06	+0.006%	$498.0M	$448.0M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.02	−0.026%	$13.4M	$51.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.00	−0.041%	$2.1M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.05	+0.004%	$354K	$749K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	119.02	−0.024%	$1.0M	$504K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.06	+0.010%	$48K	$778K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.83	−0.183%	$5.6M	$40.2M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.15	+0.085%	$719.7M	$436.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.03	−0.012%	$179.6M	$172.9M	100x	as long as short
Pacifica SOLlong	+0.0100%	1h	119.05	long leg	$13.4M	$109.6M	20x
Binance SOLUSDT	+0.0100%	8h	118.96	−0.074%	$976.3M	$3.72B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.91	−0.117%	$820.0M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.82	−0.192%	$367.5M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.98	−0.057%	$234K	$858K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.11	+0.052%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.26	+0.175%	$133.2M	$15.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.04	−0.007%	$479.5M	$1.05B	300x	as long as short
BingX SOL-USDC	+0.0100%	8h	119.03	−0.013%	—	$10.4M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.06	+0.010%	$24.4M	$37.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.18	+0.113%	$27.8M	$120.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.14	+0.080%	$95.7M	$393.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.22	+0.141%	$48.8M	$33.5M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.02	−0.024%	$1.5M	$6.3M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.16	+0.094%	$1.4M	$13.1M	30x	as long as short
Polymarket Perps SOL-USDshort	+0.0100%	1h	119.17	+0.102%	$363K	$2.3M	20x
Bullet SOL-USD	+0.0100%	1h	119.08	+0.030%	$200K	$1.8M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.10	+0.047%	$38K	$14K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.21	+0.137%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.06	+0.010%	$6.2M	$10.9M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.08	+0.027%	$46.5M	$98.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.04	−0.004%	$8.7M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0104%	1h	119.10	+0.042%	$8.1M	$409.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.21	+0.137%	—	$216.5M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0131%	1h	119.09	+0.032%	$36.4M	$90.8M	100x	as long as short
Hibachi SOL/USDT-P	+0.0136%	1h	119.19	+0.117%	$130K	$580K	20x	as long as short
Phoenix SOL	+0.0149%	1h	119.25	+0.169%	$7.2M	$11.3M	25x	as long as short
RISEx SOL/USDC	+0.0160%	1h	119.08	+0.023%	$1.6M	$6.5M	20x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.12	+0.062%	$1.1M	$553K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.14	+0.077%	$51.5M	$89.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0181%	1h	119.10	+0.044%	$3.5M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0533%	1h	118.29	−0.637%	$4K	$2K	12x	as long as short