Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: GRVT against Kalshi+0.100%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now +0.100%, 7d avg +0.004%
=Together, before fees−0.131%+ Points / potential airdropGRVT: Active · farm board−$13 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 GRVT is 0.097% dearer against Kalshi than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXSOLPERP | 119.50 | 0 | get 0.0000% / 8h | 5h 36m | $1.2M | $20.6M | 3.1x |
| Short | GRVT SOL_USDT_Perp | 119.61 | 0.0100 | get 0.0100% / 8h | 1h 36m | $49.0M | $31.9M | 20x |
Kalshi KXSOLPERP
GRVT SOL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Kalshi. 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
- $21
- Price spread: +0.100% → +0.004%
- $9.67
- Slippage, 4 orders
- −$5.86
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $5.8
- Costs to cover
- 0.249%
- Break-even
- 5.1 days
Slippage from Kalshi: live order book, 2 min ago; GRVT: 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 Kalshi live order book, 2 min ago | 1.09 bp | 7.5 bp −$7 | 10.4 bp −$104 | 16.8 bp −$1,676 | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.42 bp | 4.9 bp −$5 | 4.9 bp −$49 | 8.9 bp −$888 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0301% | 1h | 119.44 | −0.050% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0095% | 1h | 119.33 | −0.135% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.43 | −0.054% | $847 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0062% | 1h | 119.43 | −0.053% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.39 | −0.084% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.44 | −0.046% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERPlong | 0.0000% | 8h | 119.50 | long leg | $1.2M | $20.6M | 3.1x | |
| Perpl SOL | 0.0000% | 43m | 119.47 | −0.020% | $182K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0016% | 1h | 119.72 | +0.185% | $120K | $611K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0020% | 1h | 119.48 | −0.014% | $26.7M | $27.6M | 50x | as long as short |
Bluefin SOL-PERP
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Perpl SOL
Hibachi SOL/USDT-P
Deribit SOL_USDC-PERPETUALShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SOL | +0.0054% | 1h | 119.84 | +0.289% | $6.6M | $13.6M | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0066% | 1h | 119.56 | +0.054% | $24K | $47K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 119.44 | −0.043% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0078% | 8h | 119.41 | −0.069% | $232.6M | $44.7M | 75x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.34 | −0.126% | — | $374.2M | — | as long as short |
| Gate SOL_USDT | +0.0081% | 8h | 119.37 | −0.105% | $872.2M | $680.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.39 | −0.087% | $13.6M | $55.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.39 | −0.092% | $2.1M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 119.36 | −0.113% | $104K | $153K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.41 | −0.068% | $354K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.29 | −0.171% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.32 | −0.146% | $45K | $790K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.47 | −0.017% | $6.2M | $41.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.47 | −0.021% | $719.3M | $415.5M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.41 | −0.071% | $178.7M | $175.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.39 | −0.088% | $12.4M | $117.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.32 | −0.144% | $987.0M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.35 | −0.121% | $825.1M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.32 | −0.146% | $371.9M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.38 | −0.096% | $234K | $886K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.41 | −0.074% | $2.0M | $8.9M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.33 | −0.138% | $452.3M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.38 | −0.096% | $141.1M | $200.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.33 | −0.141% | $495.6M | $454.6M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.45 | −0.038% | $24.1M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.76 | +0.223% | $27.8M | $127.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.62 | +0.102% | $96.1M | $399.0M | 75x | as long as short |
| GRVT SOL_USDT_Perpshort | +0.0100% | 8h | 119.61 | +0.100% | $49.0M | $31.9M | 20x | |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.56 | +0.054% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.71 | +0.180% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.42 | −0.063% | $366K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.44 | −0.046% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.41 | −0.069% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.42 | −0.063% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.42 | −0.063% | $46.7M | $101.9M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.75 | +0.212% | $134.3M | $8.4M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.31 | −0.156% | $8.7M | $36.2M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.44 | −0.043% | $8.3M | $415.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.55 | +0.049% | — | $222.2M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.43 | −0.054% | $32.6M | $95.5M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0086% | 1h | 119.46 | −0.028% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.41 | −0.075% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.38 | −0.093% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.13 | −0.305% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.45 | −0.038% | $52.2M | $82.9M | 125x | as long as short |
Phoenix SOL
Aftermath Perps SOLUSD
Orderly PERP_SOL_USDC
HTX SOL-USDT
BingX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Aevo SOL-PERP
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
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT