Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h 0.000%

Price spread now: Aster against Kraken Futures−0.088%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.097%−$10 on $10k

Price spread, last 3 days (all we have)+0.196%+$20 · spread now −0.088%, 7d avg +0.015%

Together, before fees+0.099%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.102% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.015%). If the spread goes back, that is −$10 on $10k: about 3.0 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOLUSD	119.28	−0.0014	get 0.0002% / 1h	7m 40s	$32.4M	$97.1M	100x
Short	Aster SOLUSDT	119.18	0.0100	get 0.0100% / 8h	7h 07m	$180.2M	$176.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now −0.088%Rate

Funding earned: $23.94
Price spread: −0.088% → +0.015%: −$10.23
Slippage, 4 orders: −$7.58
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$11.87
Costs to cover: 0.256%
Break-even: 10.5 days

Slippage from Kraken Futures: live order book, 6 min ago; Aster: live order book, 6 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 Kraken Futures live order book, 6 min ago	1.68 bp	7.1 bp −$7	9.4 bp −$94	13.1 bp −$1,305	29.6 bp −$14.8K
Sell Aster live order book, 6 min ago	0.42 bp	4.4 bp −$4	4.5 bp −$45	7.1 bp −$715	20.9 bp −$10.4K

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
Derive SOL-PERP	−0.0082%	1h	119.17	−0.090%	$2.0M	$2.7M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.19	−0.076%	$932	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	119.20	−0.066%	—	$608K	20x	as long as short
Hibachi SOL/USDT-P	−0.0048%	1h	119.42	+0.118%	$109K	$670K	20x	as long as short
HTX SOL-USDT	−0.0035%	8h	119.18	−0.086%	$231.7M	$43.9M	75x	as long as short
dYdX SOL-USD	−0.0017%	1h	119.22	−0.050%	$4.9M	$25.5M	20x	as long as short
Kraken Futures PF_SOLUSDlong	−0.0014%	1h	119.28	long leg	$32.4M	$97.1M	100x
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.26	−0.014%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.36	+0.070%	$1.2M	$20.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.26	−0.020%	$125K	$3.9M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0025%	1h	119.30	+0.018%	$26.8M	$24.8M	50x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	119.18	−0.084%	$104K	$161K	20x	as long as short
Gate SOL_USDT	+0.0056%	8h	119.22	−0.051%	$855.5M	$673.6M	100x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.18	−0.087%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	119.26	−0.014%	$1.1M	$5.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	119.29	+0.007%	$8.1M	$410.3M	50x	as long as short
ApeX Omni SOLUSDT	+0.0090%	1h	119.16	−0.101%	$1.5M	$6.0M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.22	−0.054%	$13.7M	$57.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.21	−0.058%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.23	−0.042%	$349K	$253K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.21	−0.055%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.16	−0.101%	$46K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.15	−0.108%	$6.1M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.32	+0.033%	$730.9M	$394.4M	20x	as long as short
Aster SOLUSDTshort	+0.0100%	8h	119.18	−0.088%	$180.2M	$176.7M	100x
Pacifica SOL	+0.0100%	1h	119.23	−0.039%	$12.3M	$125.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.18	−0.084%	$982.2M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.22	−0.051%	$828.7M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.18	−0.084%	$372.5M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.34	+0.050%	$234K	$831K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.17	−0.090%	$2.1M	$8.8M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.21	−0.059%	$434.6M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.19	−0.073%	$139.2M	$203.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.19	−0.080%	$494.8M	$438.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.20	−0.067%	$24.0M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.19	−0.080%	$24.9M	$130.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.20	−0.071%	$95.7M	$400.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.13	−0.123%	$48.8M	$29.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.38	+0.083%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.22	−0.051%	$361K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.24	−0.038%	$204K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.23	−0.039%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.25	−0.023%	$193K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.26	−0.017%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.23	−0.042%	$46.7M	$99.5M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.24	−0.038%	$137.6M	$12.7M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.17	−0.095%	$8.6M	$34.9M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.28	0.000%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.37	+0.079%	—	$225.6M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	119.14	−0.119%	$1.8M	$4.5M	20x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.01	−0.227%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	119.21	−0.061%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.39	+0.092%	$52.1M	$74.3M	125x	as long as short
Aftermath Perps SOLUSD	+0.0226%	1h	119.29	+0.005%	$25K	$51K	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	119.26	−0.016%	$3.7M	—	200x	as long as short