Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: KuCoin against Aevo−0.136%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1391.390% of the position

Long on Aevo Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.136%, 7d avg +0.027%

Together, before fees+0.331%+$33 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: KuCoin is 0.163% cheaper against Aevo than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	116.95	0.0096	pay 0.0012% / 1h	59m 55s	$348K	$244K	20x
Short	KuCoin SOLUSDTM	116.79	0.0100	get 0.0100% / 8h	3h 59m	$129.2M	$221.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aevo. 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 AevobpFee KuCoinbpOrdersPrice spread, now −0.136%Rate

Funding earned: $0.84
Price spread: −0.136% → +0.027%: −$16.28
Slippage, 4 orders: −$110.97
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$154.42
Costs to cover: 1.390%
Break-even: 1293.8 days

Slippage from Aevo: live order book, 59 min ago; KuCoin: live order book, 9 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 Aevo live order book, 59 min ago	54.80 bp	62.8 bp −$63	62.8 bp −$628	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	0.04 bp	7.0 bp −$7	11.6 bp −$116	17.0 bp −$1,697	doesn't fit

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
Hibachi SOL/USDT-P	−0.0176%	1h	116.98	+0.027%	$103K	$698K	20x	as long as short
Vest SOL-PERP	−0.0099%	1h	116.88	−0.055%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.85	−0.081%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.95	+0.002%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.97	+0.015%	$1.4M	$18.8M	3.1x	as long as short
dYdX SOL-USD	+0.0003%	1h	116.96	+0.009%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0016%	1h	116.88	−0.057%	$1.9M	$2.8M	13x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.95	+0.002%	$99K	$172K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.90	−0.041%	$7.5M	$404.6M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.89	−0.052%	$31.0M	$99.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0093%	8h	116.96	+0.011%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.95	+0.002%	$13.1M	$60.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.88	−0.062%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	116.95	long leg	$348K	$244K	20x
Katana Perps SOL-USD	+0.0099%	8h	116.94	−0.007%	$51K	$872K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.98	+0.026%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.92	−0.025%	$5.5M	$39.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.86	−0.075%	$705.7M	$394.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.78	−0.144%	$174.8M	$182.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.99	+0.033%	$15.8M	$129.9M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.80	−0.123%	$973.1M	$3.80B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.73	−0.189%	$781.0M	$1.35B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.76	−0.161%	$369.3M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.88	−0.058%	$231K	$838K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.96	+0.009%	$927K	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.70	−0.214%	$134.0M	$22.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.73	−0.186%	$843.8M	$667.2M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.82	−0.109%	$369.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	116.79	−0.136%	$129.2M	$221.0M	75x
Bitget SOLUSDT	+0.0100%	8h	116.72	−0.196%	$479.4M	$441.7M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.78	−0.148%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.82	−0.109%	$23.2M	$39.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.91	−0.029%	$24.6M	$113.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.78	−0.143%	$93.8M	$397.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.84	−0.092%	$47.8M	$30.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.87	−0.067%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.79	−0.135%	$1.3M	$12.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.93	−0.015%	$322K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.93	−0.016%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.94	−0.009%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.87	−0.069%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.88	−0.058%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.94	−0.003%	$226.8M	$47.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.84	−0.092%	$45.7M	$102.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.72	−0.197%	$8.3M	$37.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.93	−0.017%	—	$231.3M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.72	−0.195%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.99	+0.036%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0164%	1h	117.01	+0.050%	$26.4M	$23.5M	50x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.90	−0.038%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.95	+0.002%	$52.1M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.94	−0.003%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0447%	43m	116.94	−0.004%	$139K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0518%	1h	116.87	−0.066%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	117.01	+0.050%	$1.9M	$4.8M	20x	as long as short