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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against KuCoin+0.044%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.319% of the position
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+0.034%+$3 · spread now +0.044%, 7d avg +0.017%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.027% dearer against KuCoin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.017%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOLUSDTM116.460.0100pay 0.0100% / 8h7h 46m$129.7M$237.2M75x
ShortKalshi KXSOLPERP116.510get 0.0000% / 8h3h 46m$1.4M$19.4M3.1x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi 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

Funding earned
−$21
Price spread: +0.044% → +0.017%
$2.72
Slippage, 4 orders
−$9.91
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$50.19
Costs to cover
0.319%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Kalshi: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago0.56 bp8.9 bp −$911.2 bp −$11217.9 bp −$1,788doesn't fit
Sell Kalshi live order book, 2 min ago1.37 bp7.3 bp −$712.1 bp −$12117.9 bp −$1,794doesn't fit

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
Phemex SOLUSDT−0.0130%8h116.47+0.011%$45.3M$103.4M50xas long as short
Hotstuff SOL-PERP−0.0080%1h116.53+0.061%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.47+0.014%$32.3M$106.2M100xas long as short
Vest SOL-PERP−0.0010%1h116.45−0.002%$636K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.48+0.022%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.48+0.020%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERPshort0.0000%8h116.51+0.044%$1.4M$19.4M3.1x
Perpl SOL0.0000%43m116.44−0.015%$99K$3.4M8.3xas long as short
Derive SOL-PERP+0.0007%1h116.38−0.066%$1.9M$3.0M13xas long as short
Bitget SOLUSDT+0.0025%8h116.50+0.037%$480.6M$453.5M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0036%1h116.51+0.043%$26.2M$21.8M50xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h116.48+0.018%$7.8M$395.3M50xas long as short
Aster SOLUSDT+0.0054%8h116.50+0.037%$177.2M$169.2M100xas long as short
Bybit SOLUSDT+0.0059%8h116.49+0.028%$732.7M$1.41B100xas long as short
Orderly PERP_SOL_USDC+0.0069%8h116.48+0.022%$1.0M$6.0M100xas long as short
Hibachi SOL/USDT-P+0.0072%1h116.49+0.025%$103K$680K20xas long as short
Lighter SOL+0.0096%1h116.51+0.047%$13.1M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h116.51+0.043%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.43−0.022%$351K$255K20xas long as short
Paradex SOL-USD-PERP+0.0097%8h116.53+0.066%$1.0M$555K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.45−0.006%$64K$903K20xas long as short
Nado SOL-PERP+0.0100%1h116.48+0.023%$5.4M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h116.58+0.106%$696.5M$406.6M20xas long as short
Pacifica SOL+0.0100%1h116.56+0.084%$15.7M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h116.50+0.037%$963.6M$3.84B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.51+0.046%$366.7M$1.75B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.47+0.011%$219K$851K10xas long as short
Arcus SOL-USD+0.0100%1h116.49+0.031%$920K$8.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.47+0.011%$848.9M$607.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.51+0.046%$372.0M$1.05B300xas long as short
KuCoin SOLUSDTMlong+0.0100%8h116.46long leg$129.7M$237.2M75x
BingX SOL-USDC+0.0100%8h116.42−0.032%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.46+0.003%$22.9M$36.2M50xas long as short
Variational Omni SOL+0.0100%8h116.45−0.010%$24.9M$105.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.42−0.032%$93.5M$405.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.45−0.006%$47.6M$28.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.51+0.046%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.47+0.011%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.50+0.037%$319K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.49+0.025%$282K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.45−0.005%$27K$37K25xas long as short
SunX SOL-USDT+0.0100%8h116.42−0.031%$189K$1.7M30xas long as short
SoDEX SOL-USD+0.0100%1h116.43−0.023%$6.1M$11.0M20xas long as short
HTX SOL-USDT+0.0100%8h116.45−0.007%$225.5M$50.6M75xas long as short
Bulk SOL-USD+0.0100%1h116.45−0.006%$126.0M$25.6M20xas long as short
Extended SOL-USD+0.0104%1h116.42−0.031%$8.3M$36.6M50xas long as short
01 Exchange SOLUSD+0.0120%1h116.53+0.063%$100K$182K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.51+0.046%$231.2M500xas long as short
Phoenix SOL+0.0124%1h116.53+0.063%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34−0.100%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h116.43−0.021%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.44−0.015%$52.1M$64.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.45−0.003%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0414%1h116.45−0.008%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.51+0.049%$2.1M$4.8M20xas long as short