Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin−0.019%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.268% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.019%, 7d avg −0.002%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOLUSDTM	119.17	0.0100	pay 0.0100% / 8h	7h 16m	$138.8M	$203.1M	75x
Short	Binance SOLUSDT	119.14	0.0100	get 0.0100% / 8h	7h 16m	$981.0M	$3.74B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.019%Rate

Funding earned: $0
Price spread: −0.019% → −0.002%: −$1.62
Slippage, 4 orders: −$4.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$28.45
Costs to cover: 0.268%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 12 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 KuCoin live order book, 2 min ago	0.04 bp	8.8 bp −$9	12.9 bp −$129	17.6 bp −$1,755	doesn't fit
Sell Binance live order book, 12 min ago	0.42 bp	5.4 bp −$5	5.7 bp −$57	8.8 bp −$883	18.1 bp −$9,035

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
Hotstuff SOL-PERP	−0.0080%	1h	119.05	−0.093%	$931	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	118.95	−0.181%	—	$608K	20x	as long as short
Derive SOL-PERP	−0.0062%	1h	118.93	−0.200%	$2.0M	$2.7M	13x	as long as short
dYdX SOL-USD	−0.0020%	1h	119.04	−0.105%	$4.9M	$25.8M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	119.02	−0.123%	$32.4M	$97.3M	100x	as long as short
Hibachi SOL/USDT-P	−0.0008%	1h	118.90	−0.220%	$100K	$650K	20x	as long as short
HTX SOL-USDT	−0.0001%	8h	118.96	−0.173%	$231.3M	$44.1M	75x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.00	−0.138%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.09	−0.066%	$1.2M	$20.1M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.05	−0.095%	$154K	$3.8M	8.3x	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	+0.0032%	1h	119.05	−0.097%	$104K	$160K	20x	as long as short
Bluefin SOL-PERP	+0.0061%	1h	119.01	−0.133%	$37K	$17K	25x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.08	−0.068%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	119.01	−0.133%	$1.0M	$5.8M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0086%	1h	119.07	−0.083%	$26.7M	$24.8M	50x	as long as short
Gate SOL_USDT	+0.0088%	8h	119.12	−0.038%	$857.3M	$669.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	119.03	−0.110%	$8.1M	$410.0M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.01	−0.132%	$14.1M	$56.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.00	−0.135%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.95	−0.177%	$349K	$257K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.00	−0.135%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.99	−0.147%	$47K	$786K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.03	−0.113%	$5.9M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.18	+0.013%	$726.0M	$396.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.11	−0.043%	$180.0M	$176.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.03	−0.116%	$12.2M	$125.1M	20x	as long as short
Binance SOLUSDTshort	+0.0100%	8h	119.14	−0.019%	$981.0M	$3.74B	100x
Bybit SOLUSDT	+0.0100%	8h	119.19	+0.021%	$826.1M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.14	−0.021%	$371.1M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.01	−0.130%	$233K	$831K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.04	−0.103%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.76	−0.342%	$137.0M	$12.6M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.15	−0.013%	$431.0M	$1.13B	300x	as long as short
KuCoin SOLUSDTMlong	+0.0100%	8h	119.17	long leg	$138.8M	$203.1M	75x
Bitget SOLUSDT	+0.0100%	8h	119.14	−0.022%	$494.0M	$439.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.06	−0.088%	$24.0M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.93	−0.201%	$25.0M	$130.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.89	−0.234%	$95.5M	$403.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.91	−0.215%	$48.7M	$29.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	118.86	−0.256%	$1.5M	$6.1M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.00	−0.138%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.02	−0.122%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.96	−0.170%	$203K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.02	−0.119%	$193K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.01	−0.130%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.04	−0.105%	$46.7M	$99.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.12	−0.041%	$8.6M	$34.9M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.10	−0.055%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.99	−0.144%	—	$219.3M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	119.02	−0.118%	$1.8M	$4.5M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0165% / S −0.0081%	1h	118.98	−0.155%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.01	−0.130%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0186%	1h	118.98	−0.159%	$1.1M	$524K	25x	as long as short
Aftermath Perps SOLUSD	+0.0201%	1h	119.02	−0.123%	$25K	$50K	20x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.04	−0.105%	$51.9M	$75.0M	125x	as long as short