Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.002%

Price spread now: Aster against 01 Exchange−0.058%7-day average −0.021% · 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−$30as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on 01 Exchange Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.058%, 7d avg −0.021%

Together, before fees−0.040%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.038% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.021%). If the spread goes back, that is −$4 on $10k: about 4.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SOLUSD	119.81	0.0072	pay 0.0009% / 1h	18m 30s	$105K	$152K	20x
Short	Aster SOLUSDT	119.74	0.0100	get 0.0100% / 8h	2h 18m	$180.3M	$175.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against 01 Exchange. 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 01 ExchangebpFee AsterbpOrdersPrice spread, now −0.058%Rate

Funding earned: $5.88
Price spread: −0.058% → −0.021%: −$3.77
Slippage, 4 orders: −$11.04
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.93
Costs to cover: 0.260%
Break-even: 35.5 days

Slippage from 01 Exchange: live order book, 6 min ago; Aster: 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 01 Exchange live order book, 6 min ago	0.83 bp	8.4 bp −$8	15.0 bp −$150	doesn't fit	doesn't fit
Sell Aster live order book, 6 min ago	0.42 bp	4.4 bp −$4	4.4 bp −$44	7.5 bp −$748	30.0 bp −$15.0K

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
Injective SOL/USDC PERP	−0.0151%	1h	119.15	−0.551%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.76	−0.043%	$849	$8K	25x	as long as short
Vest SOL-PERP	−0.0074%	1h	119.72	−0.073%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0045%	1h	119.64	−0.143%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.77	−0.037%	$5.1M	$27.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.68	−0.112%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.92	+0.093%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.78	−0.022%	$180K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.77	−0.036%	$26.9M	$27.7M	50x	as long as short
Aftermath Perps SOLUSD	+0.0023%	1h	119.61	−0.167%	$24K	$47K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0055%	8h	119.57	−0.197%	$232.9M	$44.6M	75x	as long as short
Hibachi SOL/USDT-P	+0.0056%	1h	119.86	+0.044%	$120K	$622K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0062%	8h	119.74	−0.062%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSDlong	+0.0072%	1h	119.81	long leg	$105K	$152K	20x
BingX SOL-USDT	+0.0080%	8h	119.75	−0.052%	—	$372.6M	—	as long as short
Gate SOL_USDT	+0.0090%	8h	119.73	−0.067%	$874.4M	$687.2M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.74	−0.062%	$13.6M	$54.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.73	−0.070%	$2.1M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.72	−0.075%	$355K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.72	−0.072%	$1.1M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.77	−0.033%	$49K	$788K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.75	−0.049%	$6.3M	$42.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.85	+0.033%	$723.6M	$413.6M	20x	as long as short
Aster SOLUSDTshort	+0.0100%	8h	119.74	−0.058%	$180.3M	$175.8M	100x
Pacifica SOL	+0.0100%	1h	119.77	−0.031%	$12.4M	$115.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.79	−0.017%	$982.0M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.81	−0.003%	$828.6M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.76	−0.042%	$372.7M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.78	−0.025%	$235K	$875K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.81	+0.003%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.66	−0.127%	$134.1M	$11.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.75	−0.050%	$439.8M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.75	−0.048%	$141.3M	$197.7M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.77	−0.037%	$500.6M	$452.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.71	−0.083%	$24.3M	$38.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.82	+0.007%	$27.5M	$127.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.73	−0.068%	$96.2M	$400.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.58	−0.192%	$49.0M	$33.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.75	−0.054%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.81	0.000%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.77	−0.033%	$371K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.76	−0.043%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.72	−0.076%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.67	−0.121%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.69	−0.100%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.73	−0.067%	$46.7M	$101.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.72	−0.072%	$8.8M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.74	−0.061%	$8.2M	$418.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.70	−0.095%	—	$220.7M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.75	−0.050%	$6.6M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.80	−0.008%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.76	−0.044%	$1.1M	$562K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.69	−0.100%	$51.7M	$87.0M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0222%	1h	119.74	−0.062%	$35.7M	$91.2M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0172%	1h	119.70	−0.094%	$3.6M	—	200x	as long as short