SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against KuCoin+0.173%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days−0.181%−$18 · spread now +0.173%, 7d avg −0.004%

Together, before fees−0.188%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.177% dearer against KuCoin than usual: you sell high and buy low: +$18 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	KuCoin SOLUSDTM	118.78	0.0090	pay 0.0090% / 8h	2h 48m	$144.1M	$197.6M	75x
Short	Bybit SOLUSDT	118.98	0.0100	get 0.0100% / 8h	2h 48m	$822.6M	$1.26B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.173%Rate

Funding earned: $2.1
Price spread: +0.173% → −0.004%: $17.7
Slippage, 4 orders: −$4.63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$7.82
Costs to cover: 0.276%
Break-even: 33.1 days

Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago	0.13 bp	7.1 bp −$7	10.1 bp −$101	16.5 bp −$1,654	doesn't fit
Sell Bybit live order book, 5 min ago	0.42 bp	5.9 bp −$6	7.2 bp −$72	11.4 bp −$1,136	21.4 bp −$10.7K

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
Injective SOL/USDC PERP	−0.0151%	1h	118.89	+0.095%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.66	−0.097%	$2.0M	$3.2M	13x	as long as short
ApeX Omni SOLUSDT	−0.0100%	1h	118.77	−0.003%	$1.5M	$6.2M	50x	as long as short
Vest SOL-PERP	−0.0082%	1h	118.74	−0.029%	—	$726K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.80	+0.019%	$842	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0062%	1h	118.93	+0.131%	$24K	$48K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	118.79	+0.011%	$48K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	118.98	+0.171%	$4.9M	$26.8M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.86	+0.067%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.77	−0.006%	$179K	$4.0M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0023%	1h	118.80	+0.022%	$26.7M	$27.8M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0057%	8h	118.75	−0.024%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	118.80	+0.019%	$104K	$152K	20x	as long as short
HTX SOL-USDT	+0.0073%	8h	118.80	+0.019%	$231.5M	$43.8M	75x	as long as short
Gate SOL_USDT	+0.0081%	8h	118.78	+0.003%	$858.2M	$675.4M	100x	as long as short
KuCoin SOLUSDTMlong	+0.0090%	8h	118.78	long leg	$144.1M	$197.6M	75x
Lighter SOL	+0.0096%	1h	118.97	+0.165%	$13.5M	$53.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.96	+0.157%	$2.0M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.77	−0.007%	$353K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.77	−0.006%	$1.0M	$524K	50x	as long as short
Bitget SOLUSDT	+0.0099%	8h	118.97	+0.162%	$496.5M	$450.6M	100x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.79	+0.011%	$46K	$785K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.74	−0.033%	$5.5M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.07	+0.247%	$718.1M	$424.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.82	+0.039%	$179.2M	$173.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.98	+0.174%	$12.4M	$113.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.96	+0.154%	$972.5M	$3.75B	100x	as long as short
Bybit SOLUSDTshort	+0.0100%	8h	118.98	+0.173%	$822.6M	$1.26B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	118.93	+0.129%	$368.2M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.86	+0.070%	$233K	$868K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.82	+0.039%	$1.9M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.88	+0.088%	$133.2M	$12.7M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.79	+0.011%	$465.3M	$1.07B	300x	as long as short
BingX SOL-USDT	+0.0100%	8h	118.83	+0.046%	—	$372.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.76	−0.014%	$24.2M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.86	+0.066%	$28.3M	$126.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.91	+0.111%	$95.5M	$396.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.87	+0.077%	$48.7M	$33.1M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.86	+0.070%	$1.4M	$13.2M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.78	+0.003%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.75	−0.021%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.74	−0.029%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.73	−0.043%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.73	−0.040%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.76	−0.014%	$46.3M	$99.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.75	−0.023%	$8.6M	$37.4M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.79	+0.013%	$8.1M	$414.2M	50x	as long as short
Hibachi SOL/USDT-P	+0.0120%	1h	118.85	+0.059%	$123K	$622K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.81	+0.025%	—	$218.7M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.00	+0.188%	$6.7M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0088%	1h	118.79	+0.008%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0175%	1h	118.81	+0.028%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.77	−0.007%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.72	−0.048%	$51.6M	$89.3M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.77	−0.008%	$36.1M	$90.3M	100x	as long as short