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+0.0092%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.038%
Price spread now: RISEx against Pacifica+0.018%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.169% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.088%+$9 on $10k
Price spread, last 7 days−0.023%−$2 · spread now +0.018%, 7d avg −0.015%
Together, before fees+0.065%+ Points / potential airdropPacifica: Active · farm board+$6 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 RISEx is 0.033% dearer against Pacifica than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL119.270.0100pay 0.0013% / 1h19m 20s$12.3M$118.5M20x
ShortRISEx SOL/USDC119.300.0192get 0.0024% / 1h19m 20s$1.7M$5.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$19.24
Price spread: +0.018% → −0.015%
$3.33
Slippage, 4 orders
−$2.88
Fee Pacifica: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$5.7
Costs to cover
0.169%
Break-even
4.9 days
Slippage from Pacifica: live order book, 5 min ago; RISEx: 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 Pacifica live order book, 5 min ago0.42 bp4.4 bp −$45.1 bp −$51doesn't fitdoesn't fit
Sell RISEx live order book, 5 min ago0.04 bp3.4 bp −$36.9 bp −$69doesn'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%1h119.26−0.014%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.17−0.090%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.20−0.060%$845$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.24−0.028%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.23−0.037%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.30+0.019%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.30+0.019%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.28+0.009%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.39+0.100%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.072%$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+0.030%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.27−0.001%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.32+0.038%$104K$155K20xas long as short
BingX SOL-USDT+0.0080%8h119.29+0.012%$374.6Mas long as short
HTX SOL-USDT+0.0082%8h119.17−0.086%$232.0M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h119.28+0.004%$870.6M$685.4M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0094%1h119.30+0.022%$26.7M$27.7M50xas long as short
Lighter SOL+0.0096%1h119.24−0.032%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.20−0.063%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.22−0.045%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.20−0.061%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.23−0.037%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.20−0.058%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.39+0.097%$719.3M$417.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.26−0.012%$178.5M$176.9M100xas long as short
Pacifica SOLlong+0.0100%1h119.27long leg$12.3M$118.5M20x
Binance SOLUSDT+0.0100%8h119.29+0.011%$985.5M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.29+0.013%$826.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.24−0.029%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.20−0.063%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.30+0.020%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.006%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.29+0.013%$457.0M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.30+0.023%$140.4M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.24−0.028%$495.6M$455.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.18−0.079%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.34+0.055%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.38+0.085%$95.9M$401.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.29+0.013%$48.8M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.36+0.073%$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+0.021%$368K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.28+0.001%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.24−0.031%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.16−0.096%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.21−0.054%$46.6M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.22−0.049%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.18−0.076%$8.1M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25−0.021%$224.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.17−0.091%$32.6M$96.0M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0068%1h119.29+0.012%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.29+0.016%$1.1M$555K25xas long as short
RISEx SOL/USDCshort+0.0192%1h119.30+0.018%$1.7M$5.9M20x
Injective SOL/USDC PERP+0.0213%1h119.38+0.088%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.33+0.046%$52.2M$82.9M125xas long as short