SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.023%

Price spread now: Gate against Kalshi−0.055%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.324% of the position

Long on Kalshi Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days−0.031%−$3 · spread now −0.055%, 7d avg −0.025%

Together, before fees−0.087%−$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.030% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.025%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXSOLPERP	116.58	0	get 0.0000% / 8h	5h 42m	$1.5M	$19.5M	3.1x
Short	Gate SOL_USDT	116.52	0.0100	get 0.0100% / 8h	1h 42m	$844.0M	$666.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee KalshibpFee GatebpOrdersPrice spread, now −0.055%Rate

Funding earned: $21
Price spread: −0.055% → −0.025%: −$2.97
Slippage, 4 orders: −$7.36
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$14.33
Costs to cover: 0.324%
Break-even: 11.8 days

Slippage from Kalshi: live order book, 1 min ago; Gate: 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 Kalshi live order book, 1 min ago	1.63 bp	8.1 bp −$8	12.6 bp −$126	18.1 bp −$1,811	doesn't fit
Sell Gate live order book, 1 min ago	0.43 bp	8.4 bp −$8	11.3 bp −$113	16.0 bp −$1,600	29.3 bp −$14.6K

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	−0.0120%	1h	116.63	+0.039%	$97K	$687K	20x	as long as short
Bybit SOLUSDT	−0.0112%	8h	116.42	−0.141%	$740.8M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.56	−0.020%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.59	+0.004%	$33.1M	$105.3M	100x	as long as short
Derive SOL-PERP	−0.0053%	1h	116.51	−0.065%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0011%	1h	116.54	−0.036%	—	$628K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.62	+0.027%	$42K	—	150x	as long as short
Kalshi KXSOLPERPlong	0.0000%	8h	116.58	long leg	$1.5M	$19.5M	3.1x
Perpl SOL	0.0000%	43m	116.63	+0.039%	$109K	$3.6M	8.3x	as long as short
dYdX SOL-USD	+0.0013%	1h	116.51	−0.066%	$4.3M	$23.8M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0040%	1h	116.59	+0.005%	$100K	$176K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.58	−0.003%	$8.1M	$405.2M	50x	as long as short
Bitget SOLUSDT	+0.0049%	8h	116.51	−0.060%	$479.8M	$462.4M	100x	as long as short
Lighter RH SOL	+0.0056%	1h	116.53	−0.046%	$2.2M	$16.8M	25x	as long as short
SoDEX SOL-USD	+0.0061%	1h	116.54	−0.038%	$6.1M	$10.9M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	116.57	−0.012%	$1.0M	$6.0M	100x	as long as short
Aster SOLUSDT	+0.0090%	8h	116.57	−0.012%	$175.8M	$176.2M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.55	−0.033%	$13.1M	$60.4M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.60	+0.015%	$351K	$252K	20x	as long as short
Paradex SOL-USD-PERP	+0.0096%	8h	116.54	−0.041%	$1.0M	$551K	50x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.55	−0.029%	$64K	$908K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.55	−0.031%	$5.5M	$41.1M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.63	+0.041%	$697.7M	$410.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.57	−0.010%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.49	−0.079%	$967.7M	$3.90B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.45	−0.115%	$370.3M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.63	+0.039%	$217K	$888K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.62	+0.027%	$903K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	−0.029%	$125.4M	$23.1M	20x	as long as short
Gate SOL_USDTshort	+0.0100%	8h	116.52	−0.055%	$844.0M	$666.2M	100x
MEXC SOL_USDT	+0.0100%	8h	116.53	−0.046%	$361.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.51	−0.063%	$129.2M	$232.5M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.49	−0.084%	—	$373.2M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.53	−0.046%	$23.0M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.33	−0.214%	$24.8M	$112.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.37	−0.186%	$93.4M	$411.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.44	−0.124%	$47.7M	$31.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.44	−0.124%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.65	+0.057%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.55	−0.029%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.60	+0.015%	$234K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.60	+0.010%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.59	+0.001%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.50	−0.070%	$225.6M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.53	−0.046%	$45.3M	$105.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.50	−0.076%	$8.0M	$39.3M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0116%	1h	116.62	+0.030%	$26.4M	$21.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.57	−0.015%	—	$237.0M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.50	−0.072%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.66	+0.065%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0194%	1h	116.53	−0.046%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.51	−0.063%	$52.4M	$68.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.62	+0.027%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.68	+0.079%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0494%	1h	116.65	+0.055%	$25K	$56K	20x	as long as short