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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against Paradex−0.010%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$160.164% of the position

Long on Paradex Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.010%, 7d avg +0.010%

Together, before fees+0.048%+ Points / potential airdropParadex: Active · Aster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SOL-USD-PERP	118.91	0.0100	pay 0.0100% / 8h	7h 20m	$1.0M	$520K	50x
Short	Aster SOLUSDT	118.90	0.0100	get 0.0100% / 8h	7h 20m	$179.5M	$177.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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 ParadexbpFee AsterbpOrdersPrice spread, now −0.010%Rate

Funding earned: $0.05
Price spread: −0.010% → +0.010%: −$2
Slippage, 4 orders: −$4.37
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$18.31
Costs to cover: 0.164%
Break-even: 2421.6 days

Slippage from Paradex: live order book, 3 min ago; Aster: live order book, 3 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 Paradex live order book, 3 min ago	1.76 bp	3.8 bp −$4	10.1 bp −$101	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	0.42 bp	4.4 bp −$4	4.4 bp −$44	7.5 bp −$748	37.0 bp −$18.5K

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
Hotstuff SOL-PERP	−0.0080%	1h	118.96	+0.042%	$930	$8K	25x	as long as short
Vest SOL-PERP	−0.0077%	1h	118.86	−0.045%	—	$608K	20x	as long as short
Derive SOL-PERP	−0.0062%	1h	118.83	−0.072%	$2.0M	$2.7M	13x	as long as short
dYdX SOL-USD	−0.0022%	1h	118.96	+0.038%	$5.0M	$25.7M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	118.97	+0.048%	$32.4M	$97.3M	100x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.93	+0.016%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.95	+0.032%	$1.2M	$20.1M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.90	−0.009%	$154K	$3.8M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0016%	1h	118.97	+0.048%	$100K	$657K	20x	as long as short
HTX SOL-USDT	+0.0017%	8h	118.88	−0.028%	$231.2M	$44.0M	75x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin SOL-PERP	+0.0026%	1h	118.92	+0.004%	$37K	$17K	25x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	118.87	−0.035%	$104K	$159K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.88	−0.026%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0082%	8h	118.92	+0.011%	$1.0M	$5.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.97	+0.053%	$8.1M	$409.8M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.94	+0.020%	$14.2M	$56.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.90	−0.009%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.91	+0.003%	$348K	$249K	20x	as long as short
Paradex SOL-USD-PERPlong	+0.0100%	8h	118.91	long leg	$1.0M	$520K	50x
Katana Perps SOL-USD	+0.0100%	8h	118.88	−0.026%	$47K	$786K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.88	−0.024%	$5.9M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.02	+0.091%	$724.5M	$396.3M	20x	as long as short
Aster SOLUSDTshort	+0.0100%	8h	118.90	−0.010%	$179.5M	$177.1M	100x
Pacifica SOL	+0.0100%	1h	118.93	+0.012%	$12.2M	$124.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.90	−0.006%	$979.3M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.94	+0.024%	$823.9M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.96	+0.041%	$370.8M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.86	−0.043%	$233K	$830K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.89	−0.015%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.07	+0.134%	$136.4M	$9.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	118.92	+0.007%	$854.8M	$668.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.90	−0.010%	$428.9M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.94	+0.021%	$138.6M	$202.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.99	+0.063%	$493.9M	$439.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.93	+0.016%	$24.1M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.93	+0.012%	$25.0M	$130.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.00	+0.078%	$95.6M	$403.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.15	+0.200%	$48.8M	$29.2M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.04	+0.108%	$1.5M	$6.1M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	118.97	+0.049%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.88	−0.026%	$354K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.89	−0.014%	$203K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.91	0.000%	$193K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.94	+0.024%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.91	−0.001%	$46.6M	$99.8M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.96	+0.039%	$8.6M	$34.9M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0106%	1h	119.00	+0.074%	$26.7M	$24.8M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.17	+0.217%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.95	+0.035%	—	$219.4M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.89	−0.022%	$1.8M	$4.6M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0165% / S −0.0081%	1h	118.93	+0.012%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.01	+0.083%	$4K	$2K	12x	as long as short
Aftermath Perps SOLUSD	+0.0185%	1h	119.03	+0.099%	$25K	$50K	20x	as long as short
Reya SOLRUSDPERP	+0.0186%	1h	118.86	−0.044%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.91	−0.001%	$51.8M	$76.1M	125x	as long as short