SOL

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: SunX against Kalshi+0.012%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$590.588% of the position

Long on Kalshi Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.065%+$7 on $10k

Price spread, last 4 days (all we have)−0.255%−$25 · spread now +0.012%, 7d avg −0.009%

Together, before fees−0.189%−$19 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 SunX is 0.021% dearer against Kalshi than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXSOLPERP	116.57	0	get 0.0000% / 8h	45m 37s	$1.4M	$18.7M	3.1x
Short	SunX SOL-USDT	116.58	0.0100	get 0.0100% / 8h	4h 45m	$189K	$1.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.012%Rate

Funding earned: $21
Price spread: +0.012% → −0.009%: $2.12
Slippage, 4 orders: −$40.78
Fee Kalshi: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$35.65
Costs to cover: 0.588%
Break-even: 18.9 days

Slippage from Kalshi: live order book, 3 min ago; SunX: live order book, 10 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, 3 min ago	1.03 bp	7.9 bp −$8	11.3 bp −$113	18.2 bp −$1,815	doesn't fit
Sell SunX live order book, 10 min ago	3.40 bp	20.0 bp −$20	32.1 bp −$321	doesn't fit	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
Vest SOL-PERP	−0.0086%	1h	116.48	−0.072%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.51	−0.045%	$911	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0040%	1h	116.49	−0.063%	$103K	$700K	20x	as long as short
Derive SOL-PERP	−0.0016%	1h	116.49	−0.067%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.55	−0.014%	$54K	—	150x	as long as short
Kalshi KXSOLPERPlong	0.0000%	8h	116.57	long leg	$1.4M	$18.7M	3.1x
dYdX SOL-USD	0.0000%	1h	116.55	−0.015%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	116.65	+0.072%	$99K	$169K	20x	as long as short
ApeX Omni SOLUSDT	+0.0037%	1h	116.55	−0.014%	$1.3M	$6.3M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.59	+0.024%	$7.6M	$404.3M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.59	+0.017%	$31.0M	$100.3M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0091%	8h	116.57	+0.003%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.57	+0.001%	$13.0M	$59.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.54	−0.026%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.56	−0.004%	$342K	$236K	20x	as long as short
Katana Perps SOL-USD	+0.0098%	8h	116.57	+0.003%	$50K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.64	+0.066%	$988K	$534K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.52	−0.039%	$5.5M	$39.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.63	+0.055%	$706.3M	$395.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.56	−0.005%	$175.2M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.62	+0.043%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.64	+0.063%	$965.5M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.53	−0.029%	$791.9M	$1.33B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.59	+0.021%	$365.9M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.51	−0.048%	$232K	$851K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.55	−0.011%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.66	+0.079%	$133.8M	$20.4M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.55	−0.014%	$845.3M	$655.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.59	+0.021%	$416.9M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.52	−0.038%	$126.2M	$217.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.56	−0.009%	$478.8M	$441.0M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.58	+0.008%	—	$364.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.57	+0.003%	$23.2M	$37.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.49	−0.062%	$24.4M	$114.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.46	−0.087%	$93.5M	$398.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.48	−0.072%	$47.6M	$29.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.52	−0.039%	$1.3M	$13.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.53	−0.031%	$322K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.54	−0.025%	$149K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.52	−0.036%	$25K	$29K	25x	as long as short
SunX SOL-USDTshort	+0.0100%	8h	116.58	+0.012%	$189K	$1.8M	30x
SoDEX SOL-USD	+0.0100%	1h	116.58	+0.012%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.52	−0.039%	$226.1M	$46.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.54	−0.022%	$45.5M	$101.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.54	−0.020%	$7.9M	$36.6M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0104%	1h	116.63	+0.052%	$26.3M	$25.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.57	−0.001%	—	$228.3M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	−0.005%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.57	+0.003%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.49	−0.067%	$1.1M	$539K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.46	−0.091%	$51.6M	$71.8M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.54	−0.024%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.54	−0.025%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0495%	1h	116.63	+0.057%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.70	+0.115%	$1.9M	$4.9M	20x	as long as short