Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Kraken Futures against Bullet+0.001%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 3 days (all we have)+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.157%−$16 · spread now +0.001%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SOL-USD | 119.81 | 0.0100 | pay 0.0013% / 1h | 53m 09s | $202K | $1.7M | 20x |
| Short | Kraken Futures PF_SOLUSD | 119.81 | 0.0104 | get 0.0013% / 1h | 53m 09s | $32.7M | $97.0M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bullet. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.93
- Price spread: +0.001% → +0.001%
- −$0.06
- Slippage, 4 orders
- −$7.58
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$24.72
- Costs to cover
- 0.256%
- Break-even
- 193.1 days
Slippage from Bullet: live order book, 1 min ago; Kraken Futures: live order book, 1 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 Bullet live order book, 1 min ago | 0.25 bp | 6.0 bp −$6 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 0.42 bp | 6.9 bp −$7 | 8.4 bp −$84 | 13.4 bp −$1,335 | 20.2 bp −$10.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.77 | −0.030% | $849 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0065% | 1h | 119.77 | −0.034% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0052% | 1h | 119.71 | −0.082% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.81 | +0.001% | $116K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 119.85 | +0.038% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.84 | +0.027% | $1.2M | $20.6M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.85 | +0.036% | $178K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0053% | 1h | 119.85 | +0.034% | $26.8M | $26.1M | 50x | as long as short |
| ApeX Omni SOLUSDT | +0.0053% | 1h | 119.48 | −0.274% | $1.5M | $6.2M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 119.90 | +0.077% | $105K | $157K | 20x | 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 | +0.0071% | 8h | 119.81 | −0.003% | $1.1M | $5.9M | 100x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.80 | −0.004% | — | $10.5M | — | as long as short |
| HTX SOL-USDT | +0.0087% | 8h | 119.78 | −0.020% | $233.2M | $45.1M | 75x | as long as short |
| Gate SOL_USDT | +0.0089% | 8h | 119.78 | −0.024% | $873.9M | $673.4M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.81 | +0.005% | $13.7M | $55.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.79 | −0.012% | $2.2M | $16.9M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0096% | 1h | 119.81 | +0.005% | $122K | $639K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.76 | −0.037% | $355K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0096% | 1h | 119.85 | +0.037% | $8.3M | $419.4M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.77 | −0.032% | $1.1M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.84 | +0.027% | $46K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.89 | +0.064% | $6.1M | $41.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.92 | +0.093% | $725.7M | $409.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.83 | +0.018% | $179.4M | $175.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.86 | +0.044% | $12.4M | $119.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.83 | +0.018% | $987.4M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.85 | +0.038% | $833.4M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.81 | +0.001% | $374.1M | $1.73B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.78 | −0.024% | $234K | $876K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.91 | +0.083% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.35 | −0.382% | $133.8M | $7.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.82 | +0.010% | $457.2M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.83 | +0.014% | $140.2M | $203.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.80 | −0.004% | $498.9M | $456.5M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.84 | +0.027% | $24.3M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.52 | −0.242% | $27.4M | $128.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.65 | −0.131% | $96.1M | $401.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.76 | −0.041% | $49.0M | $31.2M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.77 | −0.032% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.84 | +0.027% | $371K | $2.4M | 20x | as long as short |
| Bullet SOL-USDlong | +0.0100% | 1h | 119.81 | long leg | $202K | $1.7M | 20x | |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.81 | +0.002% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.86 | +0.046% | $195K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.81 | +0.001% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.84 | +0.027% | $46.8M | $102.4M | 50x | as long as short |
| Phoenix SOL | +0.0100% | 1h | 119.58 | −0.191% | $6.6M | $13.7M | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0102% | 1h | 119.57 | −0.197% | $24K | $47K | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.77 | −0.034% | $8.7M | $36.0M | 50x | as long as short |
| Kraken Futures PF_SOLUSDshort | +0.0104% | 1h | 119.81 | +0.001% | $32.7M | $97.0M | 100x | |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.84 | +0.027% | — | $224.5M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0170% | 1h | 119.02 | −0.658% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0183% | 1h | 119.82 | +0.008% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.81 | +0.001% | $52.1M | $84.5M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 119.92 | +0.097% | $1.7M | $5.3M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0241% / S −0.0186% | 1h | 119.81 | +0.004% | $3.8M | — | 200x | as long as short |
Bullet SOL-USD
Kraken Futures PF_SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
ApeX Omni SOLUSDT
01 Exchange SOLUSD
BingX SOL-USDC
HTX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Coinbase International SOL-PERP-INTX
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Aftermath Perps SOLUSD
Extended SOL-USD
Injective SOL/USDC PERP
BloFin SOL-USDT
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]