SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.010%

Price spread now: Kalshi against GRVT−0.086%79s7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.249% of the position

Long on GRVT Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days+0.114%+$11 · spread now −0.086%, 7d avg −0.004%

Together, before fees+0.116%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.082% cheaper against GRVT than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.004%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SOL_USDT_Perp	119.74	0.0100	pay 0.0100% / 8h	1h 37m	$49.0M	$31.9M	20x
Short	Kalshi KXSOLPERP	119.64	0	get 0.0000% / 8h	5h 37m	$1.2M	$20.6M	3.1x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against GRVT. 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 GRVTbpFee KalshibpOrdersPrice spread, now −0.086%Rate

Funding earned: −$21
Price spread: −0.086% → −0.004%: −$8.21
Slippage, 4 orders: −$5.86
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$54.07
Costs to cover: 0.249%
Break-even: never at this rate

Slippage from GRVT: live order book, 1 min ago; Kalshi: 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 GRVT live order book, 1 min ago	0.42 bp	4.9 bp −$5	5.3 bp −$53	9.2 bp −$921	doesn't fit
Sell Kalshi live order book, 1 min ago	1.09 bp	7.6 bp −$8	13.1 bp −$131	20.4 bp −$2,041	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	−0.0330%	1h	119.67	−0.061%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0095%	1h	119.62	−0.103%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.58	−0.132%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0062%	1h	119.63	−0.095%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0002%	1h	119.53	−0.175%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.71	−0.029%	$54K	—	150x	as long as short
Kalshi KXSOLPERPshort	0.0000%	8h	119.64	−0.086%	$1.2M	$20.6M	3.1x
Perpl SOL	0.0000%	43m	119.69	−0.047%	$179K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0007%	1h	119.64	−0.088%	$26.8M	$27.6M	50x	as long as short
Hibachi SOL/USDT-P	+0.0016%	1h	119.81	+0.055%	$120K	$611K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SOL	+0.0054%	1h	119.84	+0.081%	$6.6M	$13.6M	25x	as long as short
Aftermath Perps SOLUSD	+0.0065%	1h	119.58	−0.137%	$24K	$47K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0067%	8h	119.72	−0.020%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0078%	8h	119.60	−0.118%	$232.9M	$44.6M	75x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.51	−0.197%	—	$374.1M	—	as long as short
Gate SOL_USDT	+0.0083%	8h	119.47	−0.228%	$873.4M	$680.5M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.49	−0.211%	$13.6M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.47	−0.225%	$2.1M	$16.7M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	119.73	−0.011%	$105K	$153K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.59	−0.128%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.45	−0.246%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.47	−0.228%	$45K	$790K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.65	−0.077%	$6.2M	$41.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.59	−0.127%	$720.6M	$414.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.55	−0.161%	$179.0M	$176.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.53	−0.181%	$12.4M	$117.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.50	−0.203%	$988.5M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.51	−0.194%	$826.5M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.47	−0.228%	$372.1M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.74	−0.002%	$234K	$889K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.55	−0.164%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.49	−0.211%	$454.1M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.52	−0.186%	$141.2M	$200.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.48	−0.222%	$496.3M	$454.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.60	−0.119%	$24.2M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.76	+0.016%	$27.8M	$127.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.71	−0.029%	$96.1M	$398.7M	75x	as long as short
GRVT SOL_USDT_Perplong	+0.0100%	8h	119.74	long leg	$49.0M	$31.9M	20x
ApeX Omni SOLUSDT	+0.0100%	1h	119.73	−0.011%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.78	+0.031%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.68	−0.052%	$367K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.70	−0.039%	$201K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.63	−0.093%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.60	−0.119%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.62	−0.102%	$46.7M	$101.8M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.75	+0.005%	$134.3M	$8.4M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.45	−0.240%	$8.7M	$36.2M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.63	−0.098%	$8.4M	$415.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.63	−0.091%	—	$222.2M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0149%	1h	119.57	−0.144%	$32.7M	$95.5M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0086%	1h	119.71	−0.030%	$3.7M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.68	−0.050%	$1.1M	$557K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.52	−0.184%	$1.7M	$6.0M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.512%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.62	−0.102%	$52.1M	$82.9M	125x	as long as short