Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against KuCoin+0.012%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

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

costs, in and out, $10k−$320.315% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$8 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.012%, 7d avg −0.028%

Together, before fees+0.047%+ Points / potential airdropedgeX: Active · farm board+$5 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: edgeX is 0.040% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOLUSDTM	119.49	0.0100	pay 0.0100% / 8h	1h 35m	$141.3M	$200.4M	75x
Short	edgeX SOLUSDC	119.50	0.0100	get 0.0050% / 4h	1h 35m	$96.0M	$399.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → −0.028%: $3.96
Slippage, 4 orders: −$10.5
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$27.54
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 4 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, 4 min ago	0.33 bp	9.7 bp −$10	11.0 bp −$110	15.9 bp −$1,585	doesn't fit
Sell edgeX live order book, 4 min ago	2.51 bp	7.0 bp −$7	7.0 bp −$70	7.1 bp −$709	10.2 bp −$5,090

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
Bluefin SOL-PERP	−0.0250%	1h	119.49	0.000%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0095%	1h	119.40	−0.069%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.43	−0.046%	$847	$8K	25x	as long as short
Vest SOL-PERP	−0.0062%	1h	119.42	−0.059%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.33	−0.127%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.52	+0.028%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.37	−0.098%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.49	0.000%	$178K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0024%	1h	119.48	−0.008%	$120K	$611K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.38	−0.089%	$6.6M	$13.6M	25x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0067%	8h	119.52	+0.026%	$1.1M	$5.9M	100x	as long as short
Aftermath Perps SOLUSD	+0.0069%	1h	119.52	+0.030%	$24K	$47K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.42	−0.059%	—	$10.5M	—	as long as short
HTX SOL-USDT	+0.0080%	8h	119.43	−0.044%	$232.6M	$44.7M	75x	as long as short
Gate SOL_USDT	+0.0083%	8h	119.51	+0.020%	$872.9M	$681.1M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.47	−0.010%	$13.6M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.46	−0.023%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	119.52	+0.028%	$104K	$153K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.48	−0.007%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.34	−0.119%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.43	−0.047%	$47K	$794K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.47	−0.017%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.60	+0.095%	$720.2M	$415.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.47	−0.017%	$178.8M	$175.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.41	−0.060%	$12.4M	$117.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.48	−0.003%	$988.3M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.49	+0.003%	$825.7M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.46	−0.022%	$372.1M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.28	−0.172%	$234K	$885K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.51	+0.023%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.47	−0.013%	$453.6M	$1.11B	300x	as long as short
KuCoin SOLUSDTMlong	+0.0100%	8h	119.49	long leg	$141.3M	$200.4M	75x
Bitget SOLUSDT	+0.0100%	8h	119.47	−0.013%	$496.2M	$454.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.48	−0.005%	$24.1M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.41	−0.063%	$27.9M	$128.1M	—	as long as short
edgeX SOLUSDCshort	+0.0100%	4h	119.50	+0.012%	$96.0M	$399.3M	75x
GRVT SOL_USDT_Perp	+0.0100%	8h	119.44	−0.038%	$48.9M	$31.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.56	+0.062%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.36	−0.105%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.52	+0.028%	$367K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.50	+0.011%	$201K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.47	−0.010%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.48	−0.005%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.44	−0.038%	$46.7M	$101.9M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.75	+0.220%	$134.3M	$8.4M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.47	−0.016%	$8.7M	$36.2M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0107%	1h	119.55	+0.049%	$26.7M	$27.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.50	+0.014%	$8.4M	$415.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.38	−0.089%	—	$222.5M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0149%	1h	119.48	−0.005%	$32.6M	$95.5M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0086%	1h	119.51	+0.019%	$3.7M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.51	+0.019%	$1.1M	$557K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.53	+0.033%	$1.7M	$6.0M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.298%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.49	+0.003%	$52.2M	$82.9M	125x	as long as short