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−0.0028%/8h= −3.1% APRnext payment $0.03 per $10,000 · paid last 24h +0.002%
Price spread now: 01 Exchange against Pacifica−0.022%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.031%+$3 on $10k
Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.022%, 7d avg +0.009%
Together, before fees+0.106%+ Points / potential airdropPacifica: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.031% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL118.800.0100pay 0.0013% / 1h40m 31s$12.3M$113.8M20x
Short01 Exchange SOLUSD118.770.0072get 0.0009% / 1h40m 31s$104K$152K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$5.88
Price spread: −0.022% → +0.009%
−$3.11
Slippage, 4 orders
−$14.59
Fee Pacifica: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$38.57
Costs to cover
0.296%
Break-even
never at this rate
Slippage from Pacifica: live order book, 4 min ago; 01 Exchange: live order book, 48 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 01 Exchange live order book, 48 min ago0.42 bp10.0 bp −$1022.1 bp −$221doesn'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
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−0.0037%1h118.83+0.029%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.78−0.015%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.77−0.018%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.74−0.047%$179K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h118.80+0.003%$4.9M$26.8M20xas long as short
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+0.0040%1h118.83+0.031%$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
01 Exchange SOLUSDshort+0.0072%1h118.77−0.022%$104K$152K20x
Gate SOL_USDT+0.0081%8h118.75−0.039%$857.5M$678.1M100xas long as short
KuCoin SOLUSDTM+0.0095%8h118.77−0.020%$143.7M$196.5M75xas 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
Hibachi SOL/USDT-P+0.0096%1h118.83+0.029%$123K$606K20xas long as short
Aevo SOL-PERP+0.0096%1h118.74−0.046%$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%1h118.84+0.037%$716.5M$425.0M20xas long as short
Aster SOLUSDT+0.0100%8h118.75−0.039%$178.8M$174.5M100xas long as short
Pacifica SOLlong+0.0100%1h118.80long leg$12.3M$113.8M20x
Binance SOLUSDT+0.0100%8h118.76−0.031%$971.0M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.78−0.016%$820.7M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.75−0.039%$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%8h118.75−0.039%$466.4M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.78−0.017%$495.8M$448.9M100xas long as short
BingX SOL-USDC+0.0100%8h118.74−0.049%$10.5Mas 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%1h118.74−0.043%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.73−0.053%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.73−0.052%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.77−0.022%$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%1h118.74−0.051%$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%1h118.75−0.042%$217.5M500xas 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%1h118.78−0.017%$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%1h118.80+0.004%$36.1M$89.7M100xas long as short