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: MEXC against Kalshi+0.078%48s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.213% 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−0.095%−$9 · spread now +0.078%, 7d avg −0.021%
Together, before fees−0.107%−$11 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 MEXC is 0.100% dearer against Kalshi than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP117.320get 0.0000% / 8h1h 36m$1.4M$19.4M3.1x
ShortMEXC SOL_USDT117.410.0100get 0.0100% / 8h5h 36m$426.4M$1.07B300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.078% → −0.021%
$9.95
Slippage, 4 orders
−$9.31
Fee Kalshi: 5 bp × 2 orders
−$10
Fee MEXC: 1 bp × 2 orders
−$2
Net
$9.64
Costs to cover
0.213%
Break-even
3.8 days
Slippage from Kalshi: live order book, 2 min ago; MEXC: live order book, 3 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 ago2.73 bp8.8 bp −$911.4 bp −$11419.2 bp −$1,916doesn't fit
Sell MEXC live order book, 3 min ago0.43 bp1.4 bp −$11.4 bp −$142.4 bp −$2445.6 bp −$2,812

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%1h117.26−0.046%$917$8K25xas long as short
Vest SOL-PERP−0.0060%1h117.30−0.012%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.36+0.038%$31.6M$98.4M100xas long as short
Derive SOL-PERP−0.0010%1h117.25−0.062%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.45+0.113%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.44+0.102%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERPlong0.0000%8h117.32long leg$1.4M$19.4M3.1x
01 Exchange SOLUSD+0.0056%1h117.42+0.087%$100K$163K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h117.32+0.004%$102K$693K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h117.38+0.052%$8.0M$403.0M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0069%8h117.30−0.013%$227.7M$45.5M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0078%1h117.37+0.045%$26.4M$25.1M50xas long as short
BingX SOL-USDT+0.0080%8h117.45+0.111%$363.1Mas long as short
Orderly PERP_SOL_USDC+0.0089%8h117.47+0.130%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.46+0.119%$13.1M$59.3M25xas long as short
Lighter RH SOL+0.0096%1h117.41+0.079%$2.1M$16.3M25xas long as short
Aevo SOL-PERP+0.0096%1h117.33+0.009%$344K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.36+0.036%$65K$839K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.47+0.127%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.47+0.134%$5.8M$39.2M40xas long as short
Aster SOLUSDT+0.0100%8h117.44+0.105%$176.8M$178.9M100xas long as short
Pacifica SOL+0.0100%1h117.48+0.139%$14.5M$128.2M20xas long as short
Binance SOLUSDT+0.0100%8h117.45+0.113%$966.1M$3.72B100xas long as short
Bybit SOLUSDT+0.0100%8h117.47+0.130%$823.5M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.48+0.138%$365.8M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.41+0.078%$237K$848K10xas long as short
Arcus SOL-USD+0.0100%1h117.45+0.117%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.113%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.39+0.061%$857.8M$648.3M100xas long as short
MEXC SOL_USDTshort+0.0100%8h117.41+0.078%$426.4M$1.07B300x
KuCoin SOLUSDTM+0.0100%8h117.43+0.094%$129.8M$212.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.37+0.047%$486.5M$432.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.38+0.053%$23.6M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.24−0.065%$24.3M$117.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.31−0.003%$94.2M$398.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.16−0.131%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.23−0.075%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.28−0.032%$1.3M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.40+0.070%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.42+0.089%$199K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.44+0.108%$25K$28K25xas long as short
SunX SOL-USDT+0.0100%8h117.18−0.118%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.34+0.019%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.39+0.061%$45.7M$100.1M50xas long as short
Extended SOL-USD+0.0104%1h117.41+0.076%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.37+0.045%$218.9M500xas long as short
Phoenix SOL+0.0129%1h117.38+0.053%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.48+0.142%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0165%1h117.52+0.172%$717.9M$392.1M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.37+0.040%$1.1M$526K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38+0.053%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.36+0.036%$51.7M$71.0M125xas long as short
Perpl SOL+0.0223%43m117.43+0.092%$127K$3.8M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.43+0.098%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0388%1h117.37+0.048%$25K$51K20xas long as short