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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against Kalshi+0.065%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$250.253% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days−0.109%−$11 · spread now +0.065%, 7d avg −0.010%
Together, before fees−0.127%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.076% dearer against Kalshi than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP119.250get 0.0000% / 8h5h 18m$1.2M$20.7M3.1x
ShortPacifica SOL119.320.0100get 0.0013% / 1h18m 41s$12.3M$118.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Kalshi. 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: +0.065% → −0.010%
$7.59
Slippage, 4 orders
−$7.28
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$3.3
Costs to cover
0.253%
Break-even
5.9 days
Slippage from Kalshi: live order book, 5 min ago; Pacifica: 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 Kalshi live order book, 5 min ago1.89 bp8.4 bp −$811.4 bp −$11417.2 bp −$1,724doesn't fit
Sell Pacifica live order book, 5 min ago0.42 bp5.2 bp −$58.9 bp −$89doesn'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
Bluefin SOL-PERP−0.0404%1h119.26+0.010%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.17−0.066%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.28+0.032%$846$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.24−0.004%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.29+0.037%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.30+0.043%$54K150xas long as short
Kalshi KXSOLPERPlong0.0000%8h119.25long leg$1.2M$20.7M3.1x
Perpl SOL0.0000%43m119.28+0.033%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.39+0.124%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.096%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0066%1h119.31+0.054%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.27+0.023%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.28+0.029%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h119.27+0.021%$10.5Mas long as short
HTX SOL-USDT+0.0081%8h119.20−0.040%$232.1M$45.0M75xas long as short
Gate SOL_USDT+0.0092%8h119.28+0.029%$870.6M$685.7M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0094%1h119.30+0.046%$26.7M$27.7M50xas long as short
Lighter SOL+0.0096%1h119.29+0.036%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.28+0.029%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.22−0.021%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.23−0.013%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.25+0.003%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.20−0.034%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.36+0.096%$719.1M$417.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.24−0.003%$178.5M$176.9M100xas long as short
Pacifica SOLshort+0.0100%1h119.32+0.065%$12.3M$118.5M20x
Binance SOLUSDT+0.0100%8h119.29+0.034%$985.5M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.31+0.054%$826.4M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.27+0.020%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.28+0.029%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.31+0.050%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.030%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.30+0.045%$460.6M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.25+0.004%$140.3M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.23−0.013%$495.5M$455.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.27+0.020%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.34+0.079%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.38+0.110%$95.9M$401.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.29+0.037%$48.8M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.36+0.097%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.26+0.012%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30+0.045%$368K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.28+0.025%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.24−0.007%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24−0.005%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.26+0.012%$46.6M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.24−0.009%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.27+0.019%$8.1M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25+0.003%$224.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.24−0.003%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0068%1h119.29+0.036%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.29+0.040%$1.1M$555K25xas long as short
RISEx SOL/USDC+0.0192%1h119.27+0.024%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.112%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.23−0.013%$52.1M$82.8M125xas long as short