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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.171%
Price spread now: Injective against Pacifica+0.893%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.893% dearer against Pacifica than usual: you sell high and buy low: +$89 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL116.520.0100pay 0.0013% / 1h48m 44s$15.7M$129.8M20x
ShortInjective SOL/USDC PERP117.560.0137get 0.0017% / 1h48m 44s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$7.7
Price spread: +0.893% → 0.000%
$89.26
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$88.94
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 5 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 5 min ago0.43 bp5.0 bp −$56.2 bp −$62doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SOL-PERP−0.0083%1h116.50−0.019%$602K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.53+0.010%$911$8K25xas long as short
Hibachi SOL/USDT-P−0.0032%1h116.61+0.082%$103K$700K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.52−0.002%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.56+0.038%$1.4M$18.7M3.1xas long as short
dYdX SOL-USD+0.0001%1h116.49−0.026%$4.4M$24.2M20xas long as short
ApeX Omni SOLUSDT+0.0005%1h116.61+0.077%$1.3M$6.2M50xas long as short
Derive SOL-PERP+0.0012%1h116.44−0.072%$1.9M$2.8M13xas long as short
01 Exchange SOLUSD+0.0032%1h116.51−0.009%$99K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.52+0.001%$7.5M$403.8M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.50−0.019%$30.9M$100.5M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0085%1h116.56+0.035%$26.2M$25.2M50xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.50−0.020%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.48−0.033%$13.0M$59.6M25xas long as short
Lighter RH SOL+0.0096%1h116.47−0.044%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.50−0.016%$341K$236K20xas long as short
Katana Perps SOL-USD+0.0098%8h116.50−0.017%$50K$866K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.53+0.005%$987K$533K50xas long as short
Nado SOL-PERP+0.0100%1h116.52+0.004%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.56+0.034%$706.0M$395.2M20xas long as short
Aster SOLUSDT+0.0100%8h116.52−0.002%$175.0M$181.9M100xas long as short
Pacifica SOLlong+0.0100%1h116.52long leg$15.7M$129.8M20x
Binance SOLUSDT+0.0100%8h116.48−0.036%$962.6M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.44−0.069%$791.6M$1.33B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.51−0.009%$364.2M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.43−0.077%$232K$852K10xas long as short
Arcus SOL-USD+0.0100%1h116.54+0.014%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.118%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.46−0.051%$845.1M$653.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.50−0.017%$416.5M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.46−0.048%$126.4M$216.8M75xas long as short
Bitget SOLUSDT+0.0100%8h116.49−0.022%$481.1M$439.5M100xas long as short
BingX SOL-USDC+0.0100%8h116.46−0.053%$10.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.47−0.043%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.54+0.021%$24.4M$114.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65+0.112%$93.7M$396.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.72+0.168%$47.7M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h116.60+0.069%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.51−0.009%$331K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.51−0.011%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.48−0.038%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.49−0.025%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.51−0.009%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.50−0.017%$226.1M$46.4M75xas long as short
Phemex SOLUSDT+0.0100%8h116.54+0.017%$45.5M$101.0M50xas long as short
Extended SOL-USD+0.0104%1h116.45−0.056%$8.0M$36.6M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.57+0.047%$228.2M500xas long as short
Injective SOL/USDC PERPshort+0.0137%1h117.56+0.893%$4K$2K12x
Phoenix SOL+0.0137%1h116.76+0.206%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.49−0.025%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h116.49−0.026%$51.8M$71.8M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.52−0.002%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.60+0.071%$141K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0484%1h116.69+0.147%$25K$51K20xas long as short
RISEx SOL/USDC+0.0559%1h116.62+0.086%$1.9M$4.9M20xas long as short