SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%

Price spread now: Kalshi against BingX+0.057%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on BingX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days−0.043%−$4 · spread now +0.057%, 7d avg +0.023%

Together, before fees−0.037%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.033% dearer against BingX than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.023%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SOL-USDT	116.43	0.0100	pay 0.0100% / 8h	3h 11m	—	$364.9M	—
Short	Kalshi KXSOLPERP	116.50	0	get 0.0000% / 8h	7h 11m	$1.4M	$19.1M	3.1x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against BingX. 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 BingXbpFee KalshibpOrdersPrice spread, now +0.057%Rate

Funding earned: −$21
Price spread: +0.057% → +0.023%: $3.32
Slippage, 4 orders: −$7.16
Fee BingX: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$44.84
Costs to cover: 0.272%
Break-even: never at this rate

Slippage from BingX: live order book, 12 min ago; Kalshi: live order book, 2 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 BingX live order book, 12 min ago	0.82 bp	5.8 bp −$6	5.8 bp −$58	7.1 bp −$708	11.2 bp −$5,611
Sell Kalshi live order book, 2 min ago	1.24 bp	7.8 bp −$8	12.6 bp −$126	19.4 bp −$1,940	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	−0.0216%	1h	116.50	+0.063%	$105K	$703K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.45	+0.017%	$31.4M	$102.4M	100x	as long as short
Vest SOL-PERP	−0.0107%	1h	116.38	−0.042%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.47	+0.033%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0059%	8h	116.36	−0.058%	$750.5M	$1.40B	100x	as long as short
Derive SOL-PERP	−0.0030%	1h	116.35	−0.066%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.42	−0.009%	$42K	—	150x	as long as short
Kalshi KXSOLPERPshort	0.0000%	8h	116.50	+0.057%	$1.4M	$19.1M	3.1x
dYdX SOL-USD	+0.0011%	1h	116.49	+0.050%	$4.4M	$24.2M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.47	+0.030%	$7.6M	$404.9M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SOL-USD	+0.0060%	1h	116.40	−0.029%	$146K	$1.6M	20x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	116.44	+0.008%	$99K	$175K	20x	as long as short
Bitget SOLUSDT	+0.0091%	8h	116.42	−0.009%	$480.5M	$447.3M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0094%	8h	116.44	+0.009%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.44	+0.007%	$13.1M	$60.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.43	−0.003%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.44	+0.010%	$350K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.43	−0.001%	$61K	$896K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.48	+0.039%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.44	+0.009%	$5.4M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.54	+0.094%	$702.1M	$395.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.44	+0.007%	$174.4M	$183.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.50	+0.062%	$15.7M	$130.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.46	+0.027%	$971.3M	$3.83B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.46	+0.025%	$367.4M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.44	+0.008%	$227K	$846K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.48	+0.045%	$919K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.46	+0.025%	$132.4M	$15.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.46	+0.025%	$855.5M	$668.2M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.46	+0.025%	$367.8M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.45	+0.019%	$128.7M	$224.2M	75x	as long as short
BingX SOL-USDTlong	+0.0100%	8h	116.43	long leg	—	$364.9M	—
Backpack SOL_USDC_PERP	+0.0100%	1h	116.45	+0.016%	$23.0M	$40.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.48	+0.046%	$24.4M	$113.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.58	+0.128%	$93.6M	$401.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.51	+0.066%	$47.7M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.71	+0.240%	$1.3M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.50	+0.059%	$1.3M	$12.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.40	−0.027%	$319K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.43	−0.003%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.42	−0.005%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.44	+0.008%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.40	−0.030%	$225.6M	$48.3M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.42	−0.009%	$45.3M	$103.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.40	−0.025%	$8.2M	$37.8M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.70	+0.231%	$4K	$2K	12x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0110%	1h	116.49	+0.050%	$26.3M	$23.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.47	+0.035%	—	$235.7M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.60	+0.145%	$6.5M	$13.8M	25x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.39	−0.039%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.50	+0.059%	$51.8M	$67.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.41	−0.016%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.48	+0.040%	$131K	$3.7M	8.3x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.52	+0.079%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0576%	1h	116.57	+0.117%	$25K	$52K	20x	as long as short