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 0.000%

Price spread now: SunX against Aster−0.099%46s7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.527% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 4 days (all we have)−0.210%−$21 · spread now −0.099%, 7d avg −0.028%

Together, before fees−0.139%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.071% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SOLUSDT	116.92	0.0100	pay 0.0100% / 8h	3h 53m	$175.1M	$182.9M	100x
Short	SunX SOL-USDT	116.81	0.0100	get 0.0100% / 8h	3h 53m	$190K	$1.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aster. 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 AsterbpFee SunXbpOrdersPrice spread, now −0.099%Rate

Funding earned: $0
Price spread: −0.099% → −0.028%: −$7.06
Slippage, 4 orders: −$36.7
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$59.76
Costs to cover: 0.527%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; SunX: live order book, 12 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 Aster live order book, 6 min ago	0.43 bp	4.4 bp −$4	4.7 bp −$47	8.6 bp −$861	39.3 bp −$19.6K
Sell SunX live order book, 12 min ago	3.64 bp	21.8 bp −$22	34.3 bp −$343	doesn't fit	doesn't fit

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	−0.0193%	1h	116.76	−0.137%	$31.1M	$100.4M	100x	as long as short
Hibachi SOL/USDT-P	−0.0168%	1h	116.92	+0.001%	$103K	$698K	20x	as long as short
Vest SOL-PERP	−0.0095%	1h	116.78	−0.123%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.84	−0.066%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.82	−0.088%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.82	−0.085%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0006%	1h	116.94	+0.015%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0030%	1h	116.72	−0.176%	$1.9M	$2.8M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.79	−0.117%	$7.4M	$404.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0093%	8h	116.79	−0.115%	$1.0M	$5.8M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0095%	1h	116.82	−0.088%	$26.3M	$23.3M	50x	as long as short
Lighter SOL	+0.0096%	1h	116.89	−0.026%	$13.1M	$59.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.89	−0.026%	$2.2M	$16.7M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.00	+0.066%	$99K	$174K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.65	−0.234%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.89	−0.028%	$50K	$882K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.98	+0.050%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.94	+0.016%	$5.5M	$40.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.98	+0.049%	$706.3M	$393.2M	20x	as long as short
Aster SOLUSDTlong	+0.0100%	8h	116.92	long leg	$175.1M	$182.9M	100x
Pacifica SOL	+0.0100%	1h	116.96	+0.036%	$15.8M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.99	+0.058%	$976.2M	$3.80B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.91	−0.009%	$775.7M	$1.36B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.00	+0.066%	$368.6M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.77	−0.131%	$231K	$838K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.97	+0.043%	$926K	$8.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.86	−0.054%	$848.2M	$655.2M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.94	+0.015%	$367.5M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.86	−0.057%	$129.3M	$222.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.91	−0.008%	$480.3M	$442.2M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.90	−0.022%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.73	−0.165%	$23.2M	$39.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.63	−0.246%	$24.5M	$113.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.75	−0.144%	$93.7M	$398.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.61	−0.267%	$47.7M	$30.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.90	−0.017%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.86	−0.054%	$1.3M	$12.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.80	−0.105%	$322K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.80	−0.107%	$149K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.78	−0.126%	$25K	$31K	25x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	116.81	−0.099%	$190K	$1.8M	30x
SoDEX SOL-USD	+0.0100%	1h	116.77	−0.131%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.74	−0.160%	$226.4M	$47.9M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.79	−0.113%	$45.7M	$102.5M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.90	−0.020%	$134.0M	$22.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.89	−0.029%	$8.3M	$37.5M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.72	−0.173%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.96	+0.031%	—	$231.4M	500x	as long as short
Phoenix SOL	+0.0137%	1h	116.80	−0.105%	$6.5M	$13.8M	25x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.76	−0.141%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.94	+0.015%	$52.1M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.81	−0.097%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0447%	43m	116.83	−0.081%	$138K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0533%	1h	116.84	−0.073%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	117.03	+0.095%	$1.9M	$4.8M	20x	as long as short