Funding you earn now, next payment 00:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.83 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against HTX+0.054%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.112%+$11 · spread now +0.054%, 7d avg −0.005%
=The price spread pays, funding is against you. Kalshi is 0.059% dearer against HTX than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.005%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.021% in total) that is about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SOL-USDT | 119.49 | 0.0083 | pay 0.0083% / 8h | 56m 02s | $232.6M | $45.0M | 75x |
| Short | Kalshi KXSOLPERP | 119.56 | 0 | get 0.0000% / 8h | 4h 56m | $1.2M | $20.6M | 3.1x |
HTX SOL-USDT
Kalshi KXSOLPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against HTX. 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
- −$17.53
- Price spread: +0.054% → −0.005%
- $5.87
- Slippage, 4 orders
- −$7.04
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$40.7
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; Kalshi: live order book, 3 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 HTX live order book, 3 min ago | 0.00 bp | 6.0 bp −$6 | 9.9 bp −$99 | 16.8 bp −$1,675 | 41.6 bp −$20.8K |
| Sell Kalshi live order book, 3 min ago | 1.55 bp | 7.0 bp −$7 | 12.4 bp −$124 | 21.2 bp −$2,125 | 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 | 119.51 | +0.015% | $847 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0065% | 1h | 119.49 | +0.001% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0052% | 1h | 119.52 | +0.024% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.59 | +0.083% | $116K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 119.55 | +0.050% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERPshort | 0.0000% | 8h | 119.56 | +0.054% | $1.2M | $20.6M | 3.1x | |
| Perpl SOL | 0.0000% | 43m | 119.54 | +0.040% | $177K | $4.0M | 8.3x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.58 | +0.075% | $6.6M | $13.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 119.57 | +0.067% | $104K | $157K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0068% | 1h | 119.69 | +0.170% | $26.8M | $26.1M | 50x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Perpl SOL
Phoenix SOL
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUALShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0071% | 8h | 119.61 | +0.104% | $1.1M | $5.9M | 100x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.61 | +0.104% | — | $10.5M | — | as long as short |
| HTX SOL-USDTlong | +0.0083% | 8h | 119.49 | long leg | $232.6M | $45.0M | 75x | |
| Gate SOL_USDT | +0.0086% | 8h | 119.64 | +0.125% | $872.6M | $672.3M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0093% | 1h | 119.38 | −0.088% | $24K | $47K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.63 | +0.117% | $13.7M | $55.2M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.62 | +0.109% | $2.2M | $16.9M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0096% | 1h | 119.55 | +0.046% | $118K | $608K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.61 | +0.102% | $354K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0096% | 1h | 119.69 | +0.164% | $8.3M | $418.6M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.50 | +0.008% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.51 | +0.016% | $45K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.50 | +0.012% | $6.1M | $41.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.75 | +0.217% | $722.8M | $411.2M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.67 | +0.147% | $179.2M | $175.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.55 | +0.050% | $12.3M | $119.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.68 | +0.159% | $985.8M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.73 | +0.201% | $832.7M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.68 | +0.159% | $373.4M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.51 | +0.016% | $234K | $874K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.56 | +0.054% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.35 | −0.117% | $133.8M | $7.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.64 | +0.125% | $453.3M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.64 | +0.124% | $140.2M | $203.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.67 | +0.147% | $498.2M | $455.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.66 | +0.142% | $24.2M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.26 | −0.194% | $27.3M | $128.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.37 | −0.098% | $95.9M | $400.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.37 | −0.097% | $48.8M | $31.2M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.36 | −0.112% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.55 | +0.050% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.56 | +0.058% | $370K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.58 | +0.073% | $203K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.60 | +0.093% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.58 | +0.079% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.65 | +0.134% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.60 | +0.092% | $46.7M | $102.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.64 | +0.129% | $8.7M | $35.9M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0105% | 1h | 119.67 | +0.151% | $32.7M | $96.9M | 100x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.56 | +0.058% | — | $224.3M | 500x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0169% / S −0.0070% | 1h | 119.59 | +0.081% | $3.8M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0170% | 1h | 119.02 | −0.394% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 119.54 | +0.045% | $1.1M | $543K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.50 | +0.008% | $52.1M | $84.2M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 119.57 | +0.070% | $1.7M | $5.3M | 20x | as long as short |
Orderly PERP_SOL_USDC
BingX SOL-USDC
Gate SOL_USDT
Aftermath Perps SOLUSD
Lighter SOL
Lighter RH SOL
Hibachi SOL/USDT-P
Aevo SOL-PERP
Coinbase International SOL-PERP-INTX
Paradex SOL-USD-PERP
Katana Perps SOL-USD
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
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
Phemex SOLUSDT
Extended SOL-USD
Kraken Futures PF_SOLUSD
Jupiter Perps SOL-PERP
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
RISEx SOL/USDC