Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Pacifica against Coinbase International0.000%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.219% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now 0.000%, 7d avg +0.014%
Together, before fees+0.019%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX116.540.0048pay 0.0006% / 1h17m 11s$7.7M$405.6M50x
ShortPacifica SOL116.540.0100get 0.0013% / 1h17m 11s$15.7M$130.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Coinbase International. 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

Funding earned
$10.92
Price spread: 0.000% → +0.014%
−$1.45
Slippage, 4 orders
−$3.9
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$12.43
Costs to cover
0.219%
Break-even
15.0 days
Slippage from Coinbase International: live order book, 2 min ago; Pacifica: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago0.04 bp5.2 bp −$57.2 bp −$7213.6 bp −$1,364doesn't fit
Sell Pacifica live order book, 2 min ago0.43 bp4.4 bp −$47.8 bp −$78doesn't fitdoesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD−0.0240%1h116.53−0.014%$31.9M$102.9M100xas long as short
Hibachi SOL/USDT-P−0.0128%1h116.50−0.040%$104K$693K20xas long as short
BingX SOL-USDC−0.0112%8h116.47−0.064%$10.6Mas long as short
Bybit SOLUSDT−0.0107%8h116.45−0.080%$740.4M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.57+0.021%$1K$8K25xas long as short
Vest SOL-PERP−0.0052%1h116.51−0.030%$625K20xas long as short
Derive SOL-PERP−0.0011%1h116.45−0.078%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.52−0.017%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.55+0.006%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.540.000%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0009%1h116.49−0.047%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0032%1h116.55+0.007%$100K$178K20xas long as short
Coinbase International SOL-PERP-INTXlong+0.0048%1h116.54long leg$7.7M$405.6M50x
Bitget SOLUSDT+0.0064%8h116.46−0.074%$479.7M$460.3M100xas long as short
Orderly PERP_SOL_USDC+0.0096%8h116.53−0.007%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.52−0.019%$13.0M$61.3M25xas long as short
Lighter RH SOL+0.0096%1h116.51−0.031%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h116.52−0.021%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.52−0.019%$64K$912K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.59+0.043%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h116.51−0.027%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h116.59+0.041%$696.6M$406.5M20xas long as short
Aster SOLUSDT+0.0100%8h116.52−0.018%$175.7M$176.8M100xas long as short
Pacifica SOLshort+0.0100%1h116.540.000%$15.7M$130.5M20x
Binance SOLUSDT+0.0100%8h116.51−0.025%$972.0M$3.89B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.46−0.070%$364.3M$1.75B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.40−0.122%$216K$878K10xas long as short
Arcus SOL-USD+0.0100%1h116.60+0.046%$913K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.85−0.592%$123.9M$22.0M20xas long as short
Gate SOL_USDT+0.0100%8h116.50−0.036%$842.8M$672.9M100xas long as short
MEXC SOL_USDT+0.0100%8h116.47−0.062%$354.6M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.51−0.026%$126.8M$230.6M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.49−0.045%$23.0M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h115.99−0.470%$24.8M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.07−0.409%$93.2M$407.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.40−0.120%$47.7M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.44−0.084%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.45−0.079%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.52−0.019%$319K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.52−0.021%$169K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.54−0.005%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.52−0.022%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.52−0.019%$6.1M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h116.53−0.008%$225.7M$50.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.50−0.036%$45.3M$105.1M50xas long as short
Extended SOL-USD+0.0104%1h116.47−0.065%$8.0M$39.3M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0108%1h116.58+0.032%$26.3M$22.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.53−0.015%$239.4M500xas long as short
Injective SOL/USDC PERP+0.0173%1h115.66−0.757%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.37−0.148%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h116.50−0.040%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.50−0.036%$51.8M$68.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.51−0.026%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h116.63+0.080%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0559%1h116.18−0.309%$25K$55K20xas long as short