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+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against Kalshi+0.020%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.287% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.227%+$23 on $10k
Price spread, last 4 days (all we have)−0.316%−$32 · spread now +0.020%, 7d avg 0.000%
Together, before fees−0.089%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP116.740get 0.0000% / 8h25m 01s$1.5M$18.7M3.1x
ShortBloFin SOL-USDT116.760.0220get 0.0220% / 8h4h 25m$51.7M$67.7M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$46.2
Price spread: +0.020% → 0.000%
$1.94
Slippage, 4 orders
−$6.68
Fee Kalshi: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$19.46
Costs to cover
0.287%
Break-even
4.1 days
Slippage from Kalshi: live order book, 4 min ago; BloFin: live order book, 9 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, 4 min ago1.54 bp8.3 bp −$812.9 bp −$12919.5 bp −$1,950doesn't fit
Sell BloFin live order book, 9 min ago0.43 bp6.4 bp −$66.4 bp −$647.2 bp −$72111.2 bp −$5,596

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
Hibachi SOL/USDT-P−0.0120%1h116.68−0.049%$103K$701K20xas long as short
Vest SOL-PERP−0.0097%1h116.73−0.010%$602K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.68−0.049%$912$8K25xas long as short
Derive SOL-PERP−0.0014%1h116.73−0.002%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.79+0.045%$54K150xas long as short
Kalshi KXSOLPERPlong0.0000%8h116.74long leg$1.5M$18.7M3.1x
dYdX SOL-USD+0.0001%1h116.72−0.016%$4.4M$24.2M20xas long as short
01 Exchange SOLUSD+0.0048%1h116.82+0.071%$99K$172K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.79+0.048%$7.5M$405.4M50xas long as short
Kraken Futures PF_SOLUSD+0.0075%1h116.78+0.040%$31.1M$100.3M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0091%8h116.81+0.065%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.76+0.021%$13.1M$60.1M25xas long as short
Lighter RH SOL+0.0096%1h116.75+0.009%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h116.80+0.053%$348K$244K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.71−0.023%$51K$868K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.78+0.036%$1.0M$549K50xas long as short
Nado SOL-PERP+0.0100%1h116.70−0.030%$5.4M$39.7M40xas long as short
Hyperliquid SOL+0.0100%1h116.81+0.063%$705.2M$396.4M20xas long as short
Aster SOLUSDT+0.0100%8h116.76+0.018%$175.0M$182.6M100xas long as short
Pacifica SOL+0.0100%1h116.76+0.021%$15.7M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.76+0.019%$969.6M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h116.71−0.023%$783.5M$1.34B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.78+0.037%$369.8M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.71−0.023%$231K$847K10xas long as short
Arcus SOL-USD+0.0100%1h116.79+0.048%$928K$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.45−0.246%$133.2M$20.7M20xas long as short
Gate SOL_USDT+0.0100%8h116.76+0.020%$843.1M$661.9M100xas long as short
MEXC SOL_USDT+0.0100%8h116.79+0.045%$390.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.75+0.008%$128.0M$218.9M75xas long as short
Bitget SOLUSDT+0.0100%8h116.75+0.013%$479.8M$441.4M100xas long as short
BingX SOL-USDC+0.0100%8h116.72−0.018%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.72−0.015%$23.3M$38.3M50xas long as short
Variational Omni SOL+0.0100%8h116.61−0.106%$24.3M$113.7Mas long as short
edgeX SOLUSDC+0.0100%4h116.67−0.058%$93.7M$398.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.73−0.009%$47.7M$30.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.75+0.010%$1.3M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.69−0.040%$1.3M$12.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.77+0.028%$322K$2.6M20xas long as short
Bullet SOL-USD+0.0100%1h116.78+0.036%$148K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.78+0.035%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.72−0.013%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.79+0.045%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.73−0.010%$226.5M$47.1M75xas long as short
Phemex SOLUSDT+0.0100%8h116.77+0.028%$45.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h116.73−0.004%$8.3M$37.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.80+0.057%$231.0M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0131%1h116.84+0.087%$26.4M$25.4M50xas long as short
Injective SOL/USDC PERP+0.0137%1h116.73−0.006%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.83+0.080%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.76+0.020%$1.1M$540K25xas long as short
BloFin SOL-USDTshort+0.0220%8h116.76+0.020%$51.7M$67.7M125x
GMX SOL/USD [SOL-USDC]L +0.0236% / S −0.0181%1h116.79+0.048%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.77+0.031%$139K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0528%1h116.78+0.038%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.85+0.097%$1.9M$4.9M20xas long as short