Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 19:00 UTC+0.0004%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Coinbase International against Pacifica+0.020%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$210.215% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 3 days (all we have)−0.071%−$7 · spread now +0.020%, 7d avg −0.009%

Together, before fees−0.025%+ Points / potential airdropPacifica: Active · farm board−$2 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: Coinbase International is 0.029% dearer against Pacifica than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SOL	118.15	0.0100	pay 0.0013% / 1h	13m 53s	$13.4M	$106.3M	20x
Short	Coinbase International SOL-PERP-INTX	118.18	0.0104	get 0.0013% / 1h	13m 53s	$7.8M	$397.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0.84
Price spread: +0.020% → −0.009%: $2.91
Slippage, 4 orders: −$3.49
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$17.74
Costs to cover: 0.215%
Break-even: 154.9 days

Slippage from Pacifica: live order book, 5 min ago; Coinbase International: live order book, 5 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 Pacifica live order book, 5 min ago	0.42 bp	5.7 bp −$6	6.9 bp −$69	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	0.04 bp	5.4 bp −$5	7.2 bp −$72	16.9 bp −$1,694	102.0 bp −$51.0K

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	−0.0627%	1h	117.99	−0.139%	$4K	$41K	12x	as long as short
dYdX SOL-USD	−0.0147%	1h	118.15	−0.004%	$4.7M	$25.3M	20x	as long as short
Vest SOL-PERP	−0.0100%	1h	118.04	−0.094%	—	$731K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.12	−0.030%	$837	$8K	25x	as long as short
Derive SOL-PERP	−0.0041%	1h	118.07	−0.071%	$1.9M	$3.0M	13x	as long as short
Aftermath Perps SOLUSD	−0.0008%	1h	118.14	−0.013%	$24K	$49K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	118.13	−0.017%	$58K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.16	+0.008%	$1.3M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.12	−0.026%	$167K	$4.0M	8.3x	as long as short
HTX SOL-USDT	+0.0036%	8h	118.05	−0.091%	$230.2M	$41.9M	75x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SOL-USDC	+0.0052%	8h	118.11	−0.039%	—	$10.4M	—	as long as short
Orderly PERP_SOL_USDC	+0.0052%	8h	118.16	+0.001%	$1.1M	$5.6M	100x	as long as short
KuCoin SOLUSDTM	+0.0054%	8h	118.12	−0.028%	$141.1M	$173.0M	75x	as long as short
Kraken Futures PF_SOLUSD	+0.0061%	1h	118.15	−0.004%	$34.2M	$84.5M	100x	as long as short
Bitget SOLUSDT	+0.0065%	8h	118.14	−0.014%	$495.4M	$437.8M	100x	as long as short
OKX SOL-USDT-SWAP	+0.0080%	8h	118.14	−0.012%	$366.6M	$1.67B	100x	as long as short
Gate SOL_USDT	+0.0082%	8h	118.15	−0.004%	$859.1M	$664.6M	100x	as long as short
ApeX Omni SOLUSDT	+0.0083%	1h	118.06	−0.080%	$1.5M	$6.3M	50x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	118.18	+0.022%	$114K	$132K	20x	as long as short
Lighter SOL	+0.0096%	1h	118.13	−0.019%	$13.4M	$49.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.12	−0.029%	$2.0M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.12	−0.026%	$350K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	118.08	−0.062%	$1.0M	$438K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.17	+0.013%	$42K	$737K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.15	0.000%	$5.5M	$39.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.25	+0.081%	$712.4M	$426.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.13	−0.021%	$178.3M	$170.2M	100x	as long as short
Pacifica SOLlong	+0.0100%	1h	118.15	long leg	$13.4M	$106.3M	20x
Binance SOLUSDT	+0.0100%	8h	118.13	−0.018%	$966.3M	$3.64B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.13	−0.017%	$816.1M	$1.23B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.13	−0.021%	$233K	$858K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.18	+0.018%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.15	−0.004%	$477.4M	$1.06B	300x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.14	−0.012%	$24.1M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.13	−0.021%	$27.9M	$118.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.10	−0.046%	$94.8M	$385.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.22	+0.056%	$48.4M	$32.6M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.09	−0.054%	$1.4M	$13.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.11	−0.037%	$358K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.08	−0.064%	$199K	$1.8M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.15	−0.004%	$37K	$14K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.09	−0.053%	$192K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.13	−0.021%	$6.2M	$10.9M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.16	+0.005%	$46.0M	$96.2M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.15	−0.002%	$130.5M	$16.3M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	118.14	−0.016%	$8.7M	$37.1M	50x	as long as short
Coinbase International SOL-PERP-INTXshort	+0.0104%	1h	118.18	+0.020%	$7.8M	$397.8M	50x
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0048%	1h	118.15	−0.004%	—	$207.9M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0140%	1h	118.21	+0.044%	$26.6M	$27.1M	50x	as long as short
Phoenix SOL	+0.0149%	1h	118.13	−0.021%	$7.4M	$11.4M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0172% / S −0.0076%	1h	118.13	−0.021%	$3.7M	—	200x	as long as short
Hibachi SOL/USDT-P	+0.0176%	1h	118.15	−0.004%	$118K	$557K	20x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	118.07	−0.067%	$1.1M	$534K	25x	as long as short
RISEx SOL/USDC	+0.0185%	1h	118.18	+0.022%	$1.6M	$6.5M	20x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.10	−0.046%	$51.5M	$91.3M	125x	as long as short