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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:03 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Perpl against Kalshi−0.006%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.277%−$28 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.006%, 7d avg −0.042%
Together, before fees−0.285%+ Points / potential airdropPerpl: Active · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Perpl is 0.036% dearer against Kalshi than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP119.350get 0.0000% / 8h5h 21m$1.2M$20.7M3.1x
ShortPerpl SOL119.350get 0.0000% / 43m34m 56s$178K$4.0M8.3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
$0
Price spread: −0.006% → −0.042%
$3.62
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$20.18
Costs to cover
0.238%
Break-even
never at this rate
Slippage unknown: Kalshi: live order book, 2 min ago; Perpl: no order-book sample. Net counts fees only.

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 ago1.89 bp8.4 bp −$811.4 bp −$11417.2 bp −$1,724doesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bluefin SOL-PERP−0.0467%1h119.35−0.003%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.29−0.052%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.32−0.030%$846$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.28−0.065%$722K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0005% / S +0.0004%1h119.38+0.021%$106K150xas long as short
dYdX SOL-USD−0.0001%1h119.25−0.083%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERPlong0.0000%8h119.35long leg$1.2M$20.7M3.1x
Perpl SOLshort0.0000%43m119.35−0.006%$178K$4.0M8.3x
Hibachi SOL/USDT-P+0.0032%1h119.40+0.039%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.18−0.145%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0067%1h119.31−0.036%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.38+0.023%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.38+0.023%$104K$154K20xas long as short
BingX SOL-USDC+0.0080%8h119.43+0.065%$10.5Mas long as short
HTX SOL-USDT+0.0082%8h119.34−0.009%$232.4M$45.0M75xas long as short
Gate SOL_USDT+0.0089%8h119.45+0.081%$872.2M$684.9M100xas long as short
Lighter SOL+0.0096%1h119.39+0.030%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.38+0.019%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.38+0.020%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.25−0.090%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.32−0.028%$47K$796K20xas long as short
Nado SOL-PERP+0.0100%1h119.35−0.002%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.49+0.116%$719.9M$417.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.42+0.059%$178.8M$177.0M100xas long as short
Pacifica SOL+0.0100%1h119.31−0.037%$12.4M$117.8M20xas long as short
Binance SOLUSDT+0.0100%8h119.45+0.082%$986.8M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.48+0.108%$826.4M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.44+0.073%$371.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.24−0.095%$234K$885K10xas long as short
Arcus SOL-USD+0.0100%1h119.41+0.045%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.16−0.165%$133.7M$8.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.45+0.081%$456.2M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.46+0.091%$140.5M$202.0M75xas long as short
Bitget SOLUSDT+0.0100%8h119.43+0.067%$496.3M$455.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.45+0.081%$24.2M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.27−0.069%$27.9M$128.0Mas long as short
edgeX SOLUSDC+0.0100%4h119.14−0.174%$95.7M$400.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.37+0.014%$48.9M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.24−0.095%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.32−0.028%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.33−0.019%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.33−0.023%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.35−0.005%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.40+0.039%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.40+0.039%$46.6M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.42+0.056%$8.7M$36.3M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0112%1h119.46+0.091%$26.7M$27.7M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.43+0.063%$8.1M$416.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.28−0.061%$223.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.41+0.049%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0068%1h119.37+0.011%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.33−0.018%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.40+0.037%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.023%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.26−0.078%$52.2M$82.8M125xas long as short