Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: gTrade (Gains Network) against Aster+0.043%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.043% dearer against Aster than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SOLUSDT	116.27	0.0100	pay 0.0100% / 8h	3h 00m	$174.2M	$183.3M	100x
Short	gTrade (Gains Network) SOL/USD	116.32	L −0.0001% / S +0.0004%	pay 0.0001% / 1h	0m 03s	$42K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.043%Rate

Funding earned: −$21.86
Price spread: +0.043% → 0.000%: $4.3
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$35.56
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 4 min ago	0.86 bp	4.9 bp −$5	5.1 bp −$51	7.8 bp −$780	42.0 bp −$21.0K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hibachi SOL/USDT-P	−0.0232%	1h	116.32	+0.045%	$105K	$705K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0194%	1h	116.31	+0.038%	$31.6M	$103.2M	100x	as long as short
Vest SOL-PERP	−0.0115%	1h	116.26	−0.005%	—	$601K	20x	as long as short
Bybit SOLUSDT	−0.0096%	8h	116.23	−0.034%	$746.0M	$1.40B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.32	+0.041%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0025%	1h	116.26	−0.010%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USDshort	L −0.0001% / S +0.0004%	1h	116.32	+0.043%	$42K	—	150x
Kalshi KXSOLPERP	0.0000%	8h	116.34	+0.060%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0011%	1h	116.31	+0.034%	$4.4M	$24.2M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.30	+0.023%	$7.6M	$404.4M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0056%	1h	116.32	+0.043%	$99K	$175K	20x	as long as short
Bullet SOL-USD	+0.0068%	1h	116.31	+0.033%	$147K	$1.6M	20x	as long as short
Bitget SOLUSDT	+0.0085%	8h	116.25	−0.017%	$480.4M	$448.6M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	116.33	+0.052%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.30	+0.023%	$13.1M	$60.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.29	+0.014%	$2.1M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.32	+0.045%	$350K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.26	−0.009%	$60K	$899K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.34	+0.062%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.30	+0.023%	$5.3M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.37	+0.086%	$700.3M	$395.7M	20x	as long as short
Aster SOLUSDTlong	+0.0100%	8h	116.27	long leg	$174.2M	$183.3M	100x
Pacifica SOL	+0.0100%	1h	116.34	+0.058%	$15.8M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.28	+0.012%	$969.7M	$3.84B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.26	−0.009%	$366.7M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.32	+0.043%	$214K	$863K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.36	+0.081%	$917K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.27	−0.004%	$131.6M	$15.2M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.31	+0.034%	$852.7M	$673.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.27	0.000%	$372.7M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.27	+0.003%	$123.3M	$227.1M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.26	−0.006%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.30	+0.026%	$22.9M	$40.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.20	−0.056%	$25.0M	$114.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.34	+0.064%	$93.4M	$402.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.43	+0.138%	$47.6M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.29	+0.017%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.37	+0.086%	$1.3M	$11.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.30	+0.026%	$320K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.31	+0.034%	$25K	$32K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.33	+0.048%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.32	+0.043%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.31	+0.032%	$225.4M	$48.3M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.33	+0.052%	$45.3M	$103.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.23	−0.038%	$8.3M	$37.9M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.50	+0.198%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.31	+0.032%	—	$236.1M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0143%	1h	116.37	+0.089%	$26.2M	$23.1M	50x	as long as short
Phoenix SOL	+0.0151%	1h	116.36	+0.077%	$6.5M	$13.8M	25x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.28	+0.009%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.35	+0.069%	$51.8M	$67.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0179%	1h	116.32	+0.043%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.30	+0.027%	$114K	$3.7M	8.3x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.38	+0.094%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0567%	1h	116.40	+0.112%	$25K	$52K	20x	as long as short