Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.024%
Price spread now: Kalshi against Hotstuff+0.149%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kalshi is 0.149% dearer against Hotstuff than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff SOL-PERP | 116.85 | −0.0080 | get 0.0010% / 1h | 1m 20s | $1K | $8K | 25x |
| Short | Kalshi KXSOLPERP | 117.03 | 0 | get 0.0000% / 8h | 1m 20s | $1.4M | $18.8M | 3.1x |
Hotstuff SOL-PERP
Kalshi KXSOLPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Hotstuff. 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
- $16.8
- Price spread: +0.149% → 0.000%
- $14.89
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- $16.69
- Costs to cover
- 0.150%
- Break-even
- 0.0 days
Slippage unknown: Hotstuff: no order-book sample; Kalshi: live order book, 3 min ago. Net counts fees only.
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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Kalshi live order book, 3 min ago | 1.33 bp | 7.6 bp −$8 | 12.8 bp −$128 | 20.9 bp −$2,094 | doesn't fit |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0168% | 1h | 116.84 | −0.014% | $103K | $698K | 20x | as long as short |
| Vest SOL-PERP | −0.0098% | 1h | 116.89 | +0.032% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERPlong | −0.0080% | 1h | 116.85 | long leg | $1K | $8K | 25x | |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.96 | +0.090% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERPshort | 0.0000% | 8h | 117.03 | +0.149% | $1.4M | $18.8M | 3.1x | |
| dYdX SOL-USD | +0.0003% | 1h | 116.96 | +0.091% | $4.4M | $24.2M | 20x | as long as short |
| Derive SOL-PERP | +0.0016% | 1h | 116.87 | +0.014% | $1.9M | $2.8M | 13x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 117.01 | +0.134% | $99K | $172K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.95 | +0.080% | $7.5M | $404.8M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.93 | +0.066% | $31.1M | $99.8M | 100x | as long as short |
Hibachi SOL/USDT-P
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Derive SOL-PERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0093% | 8h | 116.94 | +0.078% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.95 | +0.086% | $13.1M | $60.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.93 | +0.062% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.94 | +0.075% | $348K | $244K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.99 | +0.117% | $51K | $872K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.03 | +0.149% | $1.0M | $550K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.94 | +0.073% | $5.4M | $39.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.07 | +0.186% | $706.9M | $394.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.96 | +0.090% | $175.1M | $182.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.01 | +0.134% | $15.8M | $129.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.97 | +0.097% | $972.9M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.89 | +0.032% | $782.5M | $1.35B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.92 | +0.057% | $370.0M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.87 | +0.015% | $231K | $837K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.01 | +0.136% | $927K | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.70 | −0.133% | $134.0M | $22.5M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.95 | +0.083% | $843.0M | $666.9M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.97 | +0.100% | $373.3M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.95 | +0.086% | $129.3M | $220.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.90 | +0.039% | $480.1M | $441.1M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.96 | +0.088% | — | $365.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.86 | +0.006% | $23.3M | $39.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.60 | −0.213% | $24.5M | $113.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.78 | −0.062% | $93.8M | $397.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.84 | −0.011% | $47.8M | $30.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.87 | +0.015% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.79 | −0.054% | $1.3M | $12.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.95 | +0.083% | $322K | $2.6M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.96 | +0.089% | $147K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.93 | +0.068% | $25K | $31K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.92 | +0.055% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.93 | +0.066% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.94 | +0.078% | $226.8M | $47.4M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.96 | +0.092% | $45.7M | $102.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.88 | +0.019% | $8.3M | $37.3M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.87 | +0.017% | — | $231.3M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 116.72 | −0.114% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.99 | +0.117% | $6.5M | $13.4M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0139% | 1h | 116.98 | +0.111% | $26.4M | $23.5M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.93 | +0.065% | $1.1M | $541K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.95 | +0.083% | $52.1M | $67.7M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0178% | 1h | 116.95 | +0.085% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.00 | +0.122% | $139K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0517% | 1h | 116.82 | −0.025% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 117.07 | +0.184% | $1.9M | $4.8M | 20x | as long as short |
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Injective SOL/USDC PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
Aftermath Perps SOLUSD
RISEx SOL/USDC