Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit−0.013%7-day average +0.004% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.013%, 7d avg +0.004%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SOLUSDT	119.23	0.0100	pay 0.0100% / 8h	7h 13m	$827.9M	$1.25B	100x
Short	KuCoin SOLUSDTM	119.22	0.0100	get 0.0100% / 8h	7h 13m	$139.0M	$203.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → +0.004%: −$1.71
Slippage, 4 orders: −$4.83
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$29.53
Costs to cover: 0.278%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; KuCoin: live order book, 6 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 Bybit live order book, 6 min ago	0.42 bp	5.9 bp −$6	6.5 bp −$65	9.6 bp −$963	20.2 bp −$10.1K
Sell KuCoin live order book, 6 min ago	0.04 bp	7.2 bp −$7	10.0 bp −$100	13.5 bp −$1,345	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
Hotstuff SOL-PERP	−0.0080%	1h	119.17	−0.053%	$932	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	119.16	−0.061%	—	$608K	20x	as long as short
Derive SOL-PERP	−0.0062%	1h	119.26	+0.020%	$2.0M	$2.7M	13x	as long as short
Hibachi SOL/USDT-P	−0.0024%	1h	119.29	+0.044%	$100K	$660K	20x	as long as short
dYdX SOL-USD	−0.0019%	1h	119.27	+0.033%	$4.9M	$25.8M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	119.36	+0.109%	$32.5M	$97.0M	100x	as long as short
HTX SOL-USDT	−0.0010%	8h	119.25	+0.017%	$232.0M	$44.2M	75x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.37	+0.118%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.37	+0.116%	$1.2M	$20.1M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.30	+0.054%	$155K	$3.8M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0032%	1h	119.19	−0.035%	$104K	$160K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0060%	1h	119.38	+0.125%	$26.7M	$24.8M	50x	as long as short
Bluefin SOL-PERP	+0.0078%	1h	119.34	+0.090%	$37K	$17K	25x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.19	−0.039%	—	$366.7M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	119.34	+0.091%	$1.1M	$5.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	119.39	+0.131%	$8.1M	$410.9M	50x	as long as short
Gate SOL_USDT	+0.0093%	8h	119.22	−0.010%	$855.9M	$671.5M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.20	−0.023%	$14.1M	$56.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.20	−0.030%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.35	+0.101%	$350K	$253K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.19	−0.037%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.16	−0.060%	$46K	$786K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.19	−0.035%	$6.1M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.32	+0.074%	$727.2M	$397.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.24	+0.007%	$180.2M	$176.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.23	+0.002%	$12.3M	$125.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.17	−0.052%	$981.2M	$3.74B	100x	as long as short
Bybit SOLUSDTlong	+0.0100%	8h	119.23	long leg	$827.9M	$1.25B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	119.17	−0.052%	$372.6M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.28	+0.040%	$233K	$834K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.14	−0.075%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.76	−0.398%	$137.0M	$12.6M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.20	−0.027%	$432.8M	$1.13B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	119.22	−0.013%	$139.0M	$203.5M	75x
Bitget SOLUSDT	+0.0100%	8h	119.17	−0.050%	$494.3M	$439.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.37	+0.116%	$24.1M	$36.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.18	−0.047%	$24.9M	$130.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.20	−0.027%	$95.7M	$404.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.28	+0.044%	$48.8M	$29.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.26	+0.023%	$1.5M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.28	+0.040%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.18	−0.044%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.33	+0.086%	$203K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.26	+0.026%	$193K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.35	+0.099%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.36	+0.107%	$46.8M	$99.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.13	−0.084%	$8.6M	$34.9M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.10	−0.111%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.28	+0.039%	—	$218.8M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	119.14	−0.075%	$1.8M	$4.5M	20x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.01	−0.186%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	119.15	−0.066%	$1.1M	$524K	25x	as long as short
Aftermath Perps SOLUSD	+0.0195%	1h	119.14	−0.080%	$25K	$50K	20x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.27	+0.032%	$51.9M	$75.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0172%	1h	119.36	+0.107%	$3.7M	—	200x	as long as short