Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against Binance−0.041%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.041%, 7d avg +0.002%

Together, before fees+0.018%+$2 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 0.043% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	119.66	0.0100	pay 0.0100% / 8h	1h 42m	$986.2M	$3.79B	100x
Short	KuCoin SOLUSDTM	119.61	0.0100	get 0.0100% / 8h	1h 42m	$141.1M	$199.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → +0.002%: −$4.32
Slippage, 4 orders: −$4.74
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$31.06
Costs to cover: 0.267%
Break-even: never at this rate

Slippage from Binance: live order book, 17 min ago; KuCoin: live order book, 7 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 Binance live order book, 17 min ago	0.42 bp	5.4 bp −$5	6.1 bp −$61	9.4 bp −$938	17.9 bp −$8,963
Sell KuCoin live order book, 7 min ago	0.13 bp	8.1 bp −$8	10.5 bp −$105	14.4 bp −$1,444	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
Bluefin SOL-PERP	−0.0525%	1h	119.49	−0.143%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0095%	1h	119.41	−0.213%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.53	−0.114%	$847	$8K	25x	as long as short
Vest SOL-PERP	−0.0064%	1h	119.58	−0.067%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0002%	1h	119.68	+0.010%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.50	−0.142%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.58	−0.071%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.55	−0.098%	$182K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0008%	1h	119.53	−0.115%	$120K	$611K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.50	−0.137%	$6.6M	$13.6M	25x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SOLUSD	+0.0063%	1h	119.39	−0.231%	$24K	$47K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0066%	8h	119.51	−0.126%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0073%	8h	119.46	−0.172%	$232.7M	$44.5M	75x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.66	−0.005%	—	$10.5M	—	as long as short
01 Exchange SOLUSD	+0.0088%	1h	119.72	+0.046%	$105K	$153K	20x	as long as short
Gate SOL_USDT	+0.0092%	8h	119.59	−0.062%	$872.3M	$678.7M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.62	−0.035%	$13.7M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.69	+0.022%	$2.1M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.47	−0.159%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.61	−0.046%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.68	+0.013%	$46K	$790K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.66	−0.002%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.79	+0.108%	$722.0M	$415.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.66	−0.004%	$179.1M	$175.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.66	0.000%	$12.4M	$116.7M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	119.66	long leg	$986.2M	$3.79B	100x
Bybit SOLUSDT	+0.0100%	8h	119.69	+0.021%	$827.8M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.65	−0.012%	$372.8M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.58	−0.071%	$234K	$887K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.72	+0.046%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.15	−0.428%	$133.6M	$9.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.66	−0.004%	$456.2M	$1.11B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	119.61	−0.041%	$141.1M	$199.8M	75x
Bitget SOLUSDT	+0.0100%	8h	119.66	−0.005%	$496.5M	$454.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.57	−0.079%	$24.2M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.38	−0.235%	$27.7M	$127.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.46	−0.173%	$95.9M	$398.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.44	−0.189%	$48.9M	$32.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.49	−0.145%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.48	−0.154%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.68	+0.013%	$366K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.47	−0.159%	$200K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.49	−0.147%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.50	−0.137%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.54	−0.104%	$46.7M	$101.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.63	−0.025%	$8.7M	$36.5M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.56	−0.091%	$8.2M	$415.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.51	−0.132%	—	$221.8M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0149%	1h	119.51	−0.126%	$32.7M	$95.0M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0151%	1h	119.57	−0.082%	$26.8M	$27.6M	50x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0089%	1h	119.49	−0.149%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.66	−0.001%	$1.1M	$558K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.71	+0.041%	$1.7M	$5.9M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.447%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.52	−0.121%	$52.1M	$82.5M	125x	as long as short