Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0208%/8h= −22.7% APRpaid last 24h −0.054%

Price spread now: Paradex against Aftermath Perps+0.011%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SOLUSD	118.06	0.0307	pay 0.0038% / 1h	46m 11s	$25K	$51K	20x
Short	Paradex SOL-USD-PERP	118.07	0.0099	get 0.0099% / 8h	6h 46m	$1.0M	$520K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$43.62
Price spread: +0.011% → 0.000%: $1.09
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$55.53
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Paradex: live order book, 3 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 Paradex live order book, 3 min ago	1.73 bp	3.7 bp −$4	10.3 bp −$103	doesn't fit	doesn't fit

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
ApeX Omni SOLUSDT	−0.0218%	1h	118.08	+0.020%	$1.5M	$6.1M	50x	as long as short
Hibachi SOL/USDT-P	−0.0088%	1h	118.10	+0.039%	$92K	$706K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.11	+0.047%	$924	$8K	25x	as long as short
Vest SOL-PERP	−0.0078%	1h	117.95	−0.090%	—	$610K	20x	as long as short
HTX SOL-USDT	−0.0035%	8h	117.91	−0.125%	$229.3M	$45.0M	75x	as long as short
Derive SOL-PERP	−0.0022%	1h	117.91	−0.127%	$2.0M	$2.7M	13x	as long as short
Gate SOL_USDT	−0.0012%	8h	117.96	−0.081%	$852.8M	$653.2M	100x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.98	−0.064%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	118.01	−0.039%	$4.5M	$25.9M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.03	−0.025%	$1.5M	$21.4M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	118.00	−0.046%	$131K	$3.9M	8.3x	as long as short
RISEx SOL/USDC	+0.0018%	1h	118.02	−0.032%	$1.8M	$4.6M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0038%	1h	118.02	−0.029%	$26.4M	$25.4M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.95	−0.092%	$31.6M	$98.8M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.99	−0.054%	$8.0M	$411.8M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.97	−0.070%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0084%	8h	118.00	−0.047%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	117.99	−0.056%	$102K	$162K	20x	as long as short
Lighter SOL	+0.0096%	1h	117.97	−0.068%	$13.5M	$58.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.95	−0.087%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.99	−0.054%	$346K	$264K	20x	as long as short
Paradex SOL-USD-PERPshort	+0.0099%	8h	118.07	+0.011%	$1.0M	$520K	50x
Katana Perps SOL-USD	+0.0100%	8h	117.96	−0.081%	$43K	$829K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.98	−0.065%	$5.7M	$41.6M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.98	−0.067%	$177.2M	$180.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.07	+0.010%	$14.1M	$130.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.97	−0.073%	$977.0M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.00	−0.047%	$824.1M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.98	−0.064%	$369.2M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.00	−0.047%	$239K	$897K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.04	−0.017%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.97	−0.073%	$423.1M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.98	−0.066%	$133.6M	$207.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.91	−0.124%	$489.4M	$446.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.95	−0.090%	$23.8M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.01	−0.042%	$24.4M	$129.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.07	+0.013%	$94.8M	$404.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.16	+0.087%	$48.4M	$29.7M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.10	+0.037%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.97	−0.073%	$358K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.97	−0.069%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.98	−0.067%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.97	−0.076%	$192K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.96	−0.081%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.96	−0.081%	$45.9M	$101.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.07	+0.012%	$135.9M	$13.3M	20x	as long as short
Phoenix SOL	+0.0101%	1h	118.22	+0.139%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.94	−0.098%	$8.3M	$35.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	118.03	−0.021%	—	$228.4M	500x	as long as short
Hyperliquid SOL	+0.0115%	1h	118.08	+0.020%	$719.6M	$402.5M	20x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	117.94	−0.095%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.04	−0.013%	$52.1M	$74.3M	125x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	118.20	+0.122%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	117.97	−0.071%	$3.7M	—	200x	as long as short
Aftermath Perps SOLUSDlong	+0.0307%	1h	118.06	long leg	$25K	$51K	20x