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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.036%
Price spread now: RISEx against Pacifica+0.021%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.184% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.090%+$9 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.021%, 7d avg −0.016%
Together, before fees+0.068%+ Points / potential airdropPacifica: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.037% dearer against Pacifica than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL117.440.0100pay 0.0013% / 1h43m 56s$14.5M$127.6M20x
ShortRISEx SOL/USDC117.470.0136get 0.0017% / 1h43m 56s$1.9M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$7.49
Price spread: +0.021% → −0.016%
$3.69
Slippage, 4 orders
−$4.4
Fee Pacifica: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$7.21
Costs to cover
0.184%
Break-even
13.7 days
Slippage from Pacifica: live order book, 5 min ago; RISEx: live order book, 5 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, 5 min ago0.43 bp4.5 bp −$56.9 bp −$69doesn't fitdoesn't fit
Sell RISEx live order book, 5 min ago0.04 bp4.2 bp −$47.0 bp −$70doesn't fitdoesn't fit

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
Hotstuff SOL-PERP−0.0080%1h117.42−0.023%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.34−0.089%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.34−0.085%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.27−0.145%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.32−0.106%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.41−0.030%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.43−0.015%$1.4M$19.5M3.1xas long as short
HTX SOL-USDT+0.0047%8h117.27−0.150%$227.8M$45.6M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0056%1h117.39−0.050%$26.4M$25.2M50xas long as short
01 Exchange SOLUSD+0.0056%1h117.39−0.046%$100K$163K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.37−0.063%$8.0M$402.5M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.49+0.038%$100K$691K20xas long as short
BingX SOL-USDC+0.0080%8h117.45+0.002%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.37−0.064%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.35−0.080%$13.0M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.33−0.093%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.34−0.086%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.35−0.080%$67K$835K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.43−0.012%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.39−0.048%$5.7M$39.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.45+0.004%$176.3M$176.8M100xas long as short
Pacifica SOLlong+0.0100%1h117.44long leg$14.5M$127.6M20x
Binance SOLUSDT+0.0100%8h117.46+0.016%$967.4M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.49+0.036%$820.6M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.47+0.022%$365.6M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.21−0.200%$237K$847K10xas long as short
Arcus SOL-USD+0.0100%1h117.41−0.033%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.005%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.40−0.038%$857.8M$646.5M100xas long as short
MEXC SOL_USDT+0.0100%8h117.46+0.013%$424.1M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.42−0.020%$130.1M$212.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.46+0.015%$486.5M$433.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.36−0.072%$23.6M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h117.36−0.068%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.27−0.151%$94.2M$400.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.27−0.152%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.29−0.131%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.36−0.072%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.36−0.072%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.32−0.106%$199K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.33−0.095%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.35−0.082%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.35−0.080%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.37−0.063%$45.7M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h117.40−0.035%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.48+0.028%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.098%$6.5M$13.4M25xas long as short
RISEx SOL/USDCshort+0.0136%1h117.47+0.021%$1.9M$4.9M20x
Hyperliquid SOL+0.0159%1h117.49+0.039%$717.4M$393.2M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.34−0.092%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38−0.055%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.47+0.022%$70.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.31−0.112%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0381%1h117.40−0.037%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.40−0.036%$128K$3.8M8.3xas long as short