Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0421%/8h= −46.1% APRpaid last 24h −0.053%

Price spread now: Aster against Aftermath Perps−0.106%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.106% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SOLUSD	116.74	0.0482	pay 0.0060% / 1h	42m 56s	$25K	$57K	20x
Short	Aster SOLUSDT	116.61	0.0061	get 0.0061% / 8h	42m 56s	$177.1M	$168.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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 Aftermath PerpsbpFee AsterbpOrdersPrice spread, now −0.106%Rate

Funding earned: −$88.32
Price spread: −0.106% → 0.000%: −$10.63
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$115.95
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Aster: live order book, 6 min ago. Net counts fees only.

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 6 min ago	0.43 bp	4.4 bp −$4	4.4 bp −$44	7.3 bp −$729	46.9 bp −$23.4K

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.66	−0.068%	$32.3M	$106.0M	100x	as long as short
Hibachi SOL/USDT-P	−0.0152%	1h	116.75	+0.012%	$96K	$681K	20x	as long as short
Bybit SOLUSDT	−0.0110%	8h	116.57	−0.142%	$736.6M	$1.43B	100x	as long as short
Derive SOL-PERP	−0.0093%	1h	116.59	−0.127%	$1.9M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.67	−0.054%	$1K	$8K	25x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.85	+0.098%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0047%	1h	116.67	−0.056%	—	$631K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.69	−0.039%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.73	−0.006%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.67	−0.059%	$106K	$3.5M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SOL	+0.0008%	1h	116.62	−0.103%	$2.2M	$16.7M	25x	as long as short
dYdX SOL-USD	+0.0009%	1h	116.70	−0.034%	$4.3M	$23.6M	20x	as long as short
Bitget SOLUSDT	+0.0028%	8h	116.59	−0.123%	$481.1M	$457.8M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0031%	1h	116.71	−0.019%	$26.4M	$21.9M	50x	as long as short
SoDEX SOL-USD	+0.0034%	1h	116.63	−0.091%	$6.1M	$11.0M	20x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.73	−0.005%	$99K	$177K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.66	−0.068%	$8.0M	$401.8M	50x	as long as short
Aster SOLUSDTshort	+0.0061%	8h	116.61	−0.106%	$177.1M	$168.4M	100x
Orderly PERP_SOL_USDC	+0.0076%	8h	116.65	−0.075%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0094%	8h	116.70	−0.030%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.64	−0.083%	$13.2M	$60.4M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.63	−0.092%	$351K	$256K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.67	−0.056%	$66K	$909K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.69	−0.035%	$5.4M	$41.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.75	+0.012%	$703.9M	$408.1M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.73	−0.006%	$15.7M	$130.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.58	−0.133%	$965.1M	$3.86B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.61	−0.108%	$368.2M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.65	−0.074%	$217K	$832K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.72	−0.012%	$901K	$8.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	−0.159%	$125.5M	$25.2M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.61	−0.108%	$850.2M	$660.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.61	−0.108%	$367.5M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.61	−0.106%	$132.4M	$233.7M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.57	−0.139%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.64	−0.082%	$23.1M	$35.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.71	−0.020%	$25.0M	$108.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.73	−0.009%	$93.7M	$406.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.72	−0.017%	$47.8M	$29.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.70	−0.027%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.70	−0.031%	$1.3M	$11.7M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.69	−0.039%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.68	−0.046%	$243K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.68	−0.048%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.67	−0.053%	$190K	$1.7M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.64	−0.081%	$225.8M	$50.6M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.65	−0.074%	$45.4M	$104.6M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.56	−0.147%	$8.2M	$37.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.71	−0.019%	—	$233.7M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.80	+0.055%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.65	−0.072%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.66	−0.065%	$52.1M	$66.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.70	−0.027%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSDlong	+0.0482%	1h	116.74	long leg	$25K	$57K	20x
RISEx SOL/USDC	+0.0485%	1h	116.76	+0.019%	$2.1M	$4.8M	20x	as long as short