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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Kalshi against Pacifica+0.133%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 7 days−0.064%−$6 · spread now +0.133%, 7d avg +0.007%
Together, before fees−0.054%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.125% dearer against Pacifica than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.007%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL116.080.0100pay 0.0013% / 1h33m 26s$15.6M$130.0M20x
ShortKalshi KXSOLPERP116.240get 0.0000% / 8h3h 33m$1.4M$19.4M3.1x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi 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

Funding earned
−$21
Price spread: +0.133% → +0.007%
$12.53
Slippage, 4 orders
−$6.91
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$33.38
Costs to cover
0.249%
Break-even
never at this rate
Slippage from Pacifica: live order book, 6 min ago; Kalshi: live order book, 5 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 Pacifica live order book, 6 min ago0.43 bp4.9 bp −$57.4 bp −$74doesn't fitdoesn't fit
Sell Kalshi live order book, 5 min ago1.20 bp7.7 bp −$813.1 bp −$13121.1 bp −$2,112doesn'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
Hotstuff SOL-PERP−0.0080%1h116.18+0.084%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.25+0.140%$32.3M$105.3M100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.22+0.116%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.05−0.029%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERPshort0.0000%8h116.24+0.133%$1.4M$19.4M3.1x
Perpl SOL0.0000%43m116.20+0.097%$99K$3.4M8.3xas long as short
Vest SOL-PERP+0.0002%1h116.05−0.031%$636K20xas long as short
Derive SOL-PERP+0.0007%1h116.15+0.056%$1.8M$2.9M13xas long as short
Bybit SOLUSDT+0.0008%8h116.02−0.056%$728.8M$1.39B100xas long as short
Bitget SOLUSDT+0.0024%8h116.02−0.053%$478.5M$446.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h116.28+0.165%$7.7M$391.6M50xas long as short
Aster SOLUSDT+0.0052%8h116.04−0.037%$176.1M$169.4M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0056%1h116.34+0.220%$26.2M$21.4M50xas long as short
Orderly PERP_SOL_USDC+0.0068%8h116.31+0.197%$1.0M$5.9M100xas long as short
SoDEX SOL-USD+0.0084%1h116.21+0.108%$6.1M$11.0M20xas long as short
Lighter SOL+0.0096%1h116.04−0.039%$13.0M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h116.03−0.048%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.28+0.165%$351K$249K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.03−0.046%$1.0M$554K50xas long as short
Gate SOL_USDT+0.0099%8h116.05−0.030%$844.5M$611.6M100xas long as short
Katana Perps SOL-USD+0.0100%8h116.03−0.047%$58K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.03−0.048%$5.4M$41.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.15+0.056%$694.1M$404.6M20xas long as short
Pacifica SOLlong+0.0100%1h116.08long leg$15.6M$130.0M20x
Binance SOLUSDT+0.0100%8h116.03−0.047%$959.1M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.03−0.047%$365.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.07−0.013%$217K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.05−0.028%$947K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h116.02−0.056%$373.6M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.03−0.048%$129.3M$237.5M75xas long as short
BingX SOL-USDT+0.0100%8h116.03−0.048%$370.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.20+0.099%$22.8M$36.3M50xas long as short
Variational Omni SOL+0.0100%8h116.19+0.087%$24.8M$104.7Mas long as short
edgeX SOLUSDC+0.0100%4h116.19+0.089%$93.3M$404.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.20+0.098%$47.5M$28.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.33+0.208%$1.2M$6.6M50xas long as short
StandX SOL-USD+0.0100%1h116.17+0.073%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.06−0.021%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.04−0.037%$281K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h116.13+0.040%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.32+0.204%$225.2M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.19+0.091%$45.2M$103.0M50xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.141%$125.8M$25.7M20xas long as short
Extended SOL-USD+0.0104%1h115.99−0.078%$8.3M$36.5M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.08−0.004%$101K$183K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.21+0.104%$230.3M500xas long as short
Phoenix SOL+0.0124%1h116.12+0.030%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0136%1h116.23+0.124%$101K$682K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.220%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h116.12+0.029%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.18+0.082%$52.0M$63.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.20+0.102%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0407%1h116.26+0.147%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.08−0.003%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0591%1h116.32+0.204%$27K$36K25xas long as short