Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: Pacifica against OKX+0.147%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$8as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on OKX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 7 days−0.122%−$12 · spread now +0.147%, 7d avg +0.024%

Together, before fees−0.116%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.122% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOL-USDT-SWAP	117.60	0.0100	pay 0.0100% / 8h	7h 09m	$368.0M	$1.66B	100x
Short	Pacifica SOL	117.77	0.0100	get 0.0013% / 1h	9m 59s	$15.8M	$127.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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 OKXbpFee PacificabpOrdersPrice spread, now +0.147%Rate

Funding earned: $0
Price spread: +0.147% → +0.024%: $12.23
Slippage, 4 orders: −$2.29
Fee OKX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$8.06
Costs to cover: 0.203%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Pacifica: 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 OKX live order book, 4 min ago	0.43 bp	5.4 bp −$5	5.5 bp −$55	11.0 bp −$1,097	21.1 bp −$10.6K
Sell Pacifica live order book, 4 min ago	0.43 bp	5.0 bp −$5	8.4 bp −$84	doesn't fit	doesn't fit

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	117.75	+0.128%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0056%	1h	117.77	+0.145%	$32.6M	$100.2M	100x	as long as short
Bybit SOLUSDT	−0.0051%	8h	117.59	−0.009%	$739.4M	$1.32B	100x	as long as short
Phemex SOLUSDT	−0.0041%	8h	117.75	+0.128%	$45.7M	$102.2M	50x	as long as short
Vest SOL-PERP	−0.0007%	1h	117.70	+0.082%	—	$520K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.66	+0.047%	$40K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.77	+0.140%	$1.3M	$18.1M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.76	+0.138%	$100K	$3.0M	8.3x	as long as short
Bitget SOLUSDT	+0.0023%	8h	117.62	+0.016%	$485.2M	$426.3M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	117.75	+0.123%	$8.1M	$388.4M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOLUSDT	+0.0053%	8h	117.66	+0.054%	$178.8M	$165.0M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0065%	8h	117.72	+0.104%	$1.0M	$5.5M	100x	as long as short
dYdX SOL-USD	+0.0071%	1h	117.76	+0.135%	$8.2M	$21.4M	20x	as long as short
Lighter SOL	+0.0096%	1h	117.73	+0.109%	$13.2M	$57.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.73	+0.111%	$2.2M	$15.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.70	+0.086%	$357K	$236K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	117.71	+0.094%	$1.0M	$555K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.79	+0.162%	$46K	$843K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.71	+0.092%	$5.4M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.80	+0.170%	$715.8M	$394.2M	20x	as long as short
Pacifica SOLshort	+0.0100%	1h	117.77	+0.147%	$15.8M	$127.5M	20x
Binance SOLUSDT	+0.0100%	8h	117.65	+0.039%	$973.6M	$3.64B	100x	as long as short
OKX SOL-USDT-SWAPlong	+0.0100%	8h	117.60	long leg	$368.0M	$1.66B	100x
Ondo Perps SOL-USD.P	+0.0100%	1h	117.71	+0.094%	$221K	$826K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.76	+0.137%	$939K	$8.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.93	−0.571%	$126.5M	$25.4M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.74	+0.119%	$856.4M	$628.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.68	+0.068%	$414.0M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.71	+0.094%	$132.8M	$231.9M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	117.68	+0.069%	—	$358.8M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.69	+0.077%	$23.4M	$36.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.69	+0.073%	$25.1M	$102.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.05	−0.463%	$94.0M	$408.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.10	−0.425%	$47.9M	$27.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.24	−0.306%	$1.1M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.58	−0.017%	$1.3M	$10.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.76	+0.136%	$324K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.76	+0.138%	$286K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.73	+0.109%	$28K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.71	+0.091%	$191K	$1.6M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.71	+0.094%	$6.2M	$11.1M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.81	+0.178%	$228.0M	$47.1M	75x	as long as short
Extended SOL-USD	+0.0104%	1h	117.61	+0.008%	$8.4M	$34.9M	50x	as long as short
01 Exchange SOLUSD	+0.0104%	1h	117.86	+0.221%	$101K	$182K	20x	as long as short
Hibachi SOL/USDT-P	+0.0112%	1h	117.45	−0.125%	$104K	$656K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	117.76	+0.133%	—	$215.3M	500x	as long as short
Phoenix SOL	+0.0124%	1h	117.19	−0.349%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0146%	1h	117.78	+0.156%	$26.5M	$20.3M	50x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−1.071%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0197%	1h	117.68	+0.071%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.70	+0.085%	$52.1M	$60.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0170%	1h	117.75	+0.129%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0403%	1h	117.28	−0.274%	$25K	$53K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	117.79	+0.159%	$2.2M	$4.8M	20x	as long as short