SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0051%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.003%

Price spread now: Kraken Futures against Pacifica+0.021%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on Pacifica Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.111%+$11 on $10k

Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.021%, 7d avg −0.028%

Together, before fees−0.007%+ Points / potential airdropPacifica: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.049% dearer against Pacifica than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.028%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.111%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SOL	117.47	0.0100	pay 0.0013% / 1h	0m 19s	$14.5M	$128.5M	20x
Short	Kraken Futures PF_SOLUSD	117.49	0.0049	get 0.0006% / 1h	0m 19s	$31.5M	$98.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$10.63
Price spread: +0.021% → −0.028%: $4.93
Slippage, 4 orders: −$7.28
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$30.98
Costs to cover: 0.253%
Break-even: never at this rate

Slippage from Pacifica: live order book, 4 min ago; Kraken Futures: live order book, 4 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, 4 min ago	0.43 bp	5.2 bp −$5	6.4 bp −$64	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	2.13 bp	7.8 bp −$8	9.3 bp −$93	13.9 bp −$1,389	28.0 bp −$14.0K

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	117.47	+0.001%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0058%	1h	117.37	−0.079%	—	$607K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.39	−0.065%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.42	−0.038%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.50	+0.026%	$1.4M	$20.3M	3.1x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.47	+0.005%	$1.9M	$4.9M	20x	as long as short
Derive SOL-PERP	+0.0021%	1h	117.33	−0.119%	$2.0M	$2.8M	13x	as long as short
HTX SOL-USDT	+0.0037%	8h	117.35	−0.102%	$228.0M	$45.4M	75x	as long as short
Kraken Futures PF_SOLUSDshort	+0.0049%	1h	117.49	+0.021%	$31.5M	$98.4M	100x
Deribit SOL_USDC-PERPETUAL	+0.0061%	1h	117.52	+0.045%	$26.4M	$25.6M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0064%	1h	117.54	+0.061%	$100K	$690K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.50	+0.032%	$7.9M	$404.5M	50x	as long as short
Gate SOL_USDT	+0.0074%	8h	117.39	−0.065%	$848.0M	$668.7M	100x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.40	−0.054%	—	$368.0M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.41	−0.048%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.44	−0.021%	$13.0M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.43	−0.029%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.45	−0.014%	$100K	$161K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.43	−0.028%	$344K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.45	−0.014%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.42	−0.040%	$67K	$840K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.45	−0.014%	$5.8M	$40.2M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.43	−0.032%	$176.2M	$177.6M	100x	as long as short
Pacifica SOLlong	+0.0100%	1h	117.47	long leg	$14.5M	$128.5M	20x
Binance SOLUSDT	+0.0100%	8h	117.39	−0.065%	$967.8M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.41	−0.048%	$819.6M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.40	−0.057%	$366.0M	$1.64B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.37	−0.082%	$238K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.45	−0.017%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.40	−0.057%	$423.4M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.43	−0.031%	$130.5M	$211.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.38	−0.077%	$486.5M	$435.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.47	+0.003%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.45	−0.011%	$24.3M	$120.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.52	+0.049%	$94.4M	$404.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.43	−0.036%	$48.1M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.51	+0.037%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.48	+0.011%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.41	−0.048%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.40	−0.060%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.40	−0.054%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.37	−0.084%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.48	+0.011%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.48	+0.011%	$45.7M	$100.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	−0.010%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.53	+0.054%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.41	−0.050%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.46	−0.006%	—	$221.8M	500x	as long as short
Hyperliquid SOL	+0.0123%	1h	117.55	+0.071%	$717.0M	$395.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.38	−0.077%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.45	−0.014%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0174%	1h	117.39	−0.064%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0360%	1h	117.50	+0.026%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.45	−0.015%	$128K	$3.8M	8.3x	as long as short