Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Binance against Kalshi+0.024%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.024%, 7d avg −0.019%
Together, before fees−0.056%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.043% dearer against Kalshi than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP116.620get 0.0000% / 8h51m 33s$1.4M$18.7M3.1x
ShortBinance SOLUSDT116.650.0100get 0.0100% / 8h4h 51m$964.0M$3.77B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Kalshi. 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

Funding earned
$21
Price spread: +0.024% → −0.019%
$4.34
Slippage, 4 orders
−$6.6
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1.25
Costs to cover
0.266%
Break-even
7.4 days
Slippage from Kalshi: live order book, 2 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 2 min ago1.29 bp7.8 bp −$811.8 bp −$11820.2 bp −$2,019doesn't fit
Sell Binance live order book, 8 min ago0.43 bp5.4 bp −$55.7 bp −$5710.3 bp −$1,02721.5 bp −$10.8K

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h116.59−0.031%$912$8K25xas long as short
Vest SOL-PERP−0.0080%1h116.58−0.035%$602K20xas long as short
Hibachi SOL/USDT-P−0.0016%1h116.71+0.077%$103K$700K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.63+0.007%$54K150xas long as short
dYdX SOL-USD0.0000%1h116.60−0.020%$4.4M$24.2M20xas long as short
Kalshi KXSOLPERPlong0.0000%8h116.62long leg$1.4M$18.7M3.1x
Derive SOL-PERP+0.0012%1h116.50−0.107%$1.9M$2.8M13xas long as short
ApeX Omni SOLUSDT+0.0017%1h116.69+0.058%$1.7M$6.0M50xas long as short
01 Exchange SOLUSD+0.0040%1h116.63+0.007%$99K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.58−0.038%$7.6M$403.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.54−0.069%$30.8M$100.1M100xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.56−0.054%$1.0M$5.8M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0093%1h116.61−0.010%$26.3M$25.2M50xas long as short
Lighter SOL+0.0096%1h116.60−0.019%$13.0M$59.5M25xas long as short
Lighter RH SOL+0.0096%1h116.58−0.032%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.56−0.052%$342K$235K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.65+0.024%$1.0M$526K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.57−0.045%$48K$858K20xas long as short
Nado SOL-PERP+0.0100%1h116.59−0.025%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.71+0.075%$707.1M$395.1M20xas long as short
Aster SOLUSDT+0.0100%8h116.61−0.010%$175.2M$182.0M100xas long as short
Pacifica SOL+0.0100%1h116.65+0.024%$15.5M$130.0M20xas long as short
Binance SOLUSDTshort+0.0100%8h116.65+0.024%$964.0M$3.77B100x
Bybit SOLUSDT+0.0100%8h116.59−0.026%$792.7M$1.33B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.65+0.024%$363.5M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.61−0.010%$232K$848K10xas long as short
Arcus SOL-USD+0.0100%1h116.63+0.009%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.031%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.58−0.036%$847.7M$652.5M100xas long as short
MEXC SOL_USDT+0.0100%8h116.64+0.015%$415.4M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.60−0.017%$126.3M$216.6M75xas long as short
Bitget SOLUSDT+0.0100%8h116.59−0.027%$481.4M$438.8M100xas long as short
BingX SOL-USDT+0.0100%8h116.59−0.029%$365.0Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.52−0.087%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.68+0.046%$24.4M$115.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.65+0.024%$93.7M$396.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.72+0.081%$47.7M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h116.68+0.050%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.62−0.002%$331K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h116.63+0.010%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.52−0.092%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.51−0.094%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.55−0.062%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.50−0.102%$226.1M$46.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.58−0.036%$45.6M$101.2M50xas long as short
Extended SOL-USD+0.0104%1h116.56−0.052%$8.0M$36.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.69+0.054%$221.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.804%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.76+0.118%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.58−0.033%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h116.71+0.075%$51.9M$72.0M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.55−0.063%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.63+0.005%$128K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0476%1h116.73+0.094%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.71+0.074%$1.9M$4.9M20xas long as short