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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against KuCoin−0.036%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$160.164% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.036%, 7d avg −0.004%

Together, before fees+0.066%+$7 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: MEXC is 0.032% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it 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	119.59	0.0100	pay 0.0100% / 8h	2h 24m	$142.8M	$196.4M	75x
Short	MEXC SOL_USDT	119.55	0.0100	get 0.0100% / 8h	2h 24m	$445.1M	$1.09B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → −0.004%: −$3.23
Slippage, 4 orders: −$2.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$19.58
Costs to cover: 0.164%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; MEXC: 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	0.04 bp	6.9 bp −$7	11.3 bp −$113	19.7 bp −$1,969	doesn't fit
Sell MEXC live order book, 4 min ago	0.42 bp	1.4 bp −$1	1.4 bp −$14	2.1 bp −$212	3.5 bp −$1,764

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	119.15	−0.370%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.27	−0.269%	$846	$8K	25x	as long as short
Vest SOL-PERP	−0.0076%	1h	119.43	−0.140%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0054%	1h	119.45	−0.119%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.60	+0.004%	$4.9M	$26.9M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.52	−0.064%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.49	−0.085%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.51	−0.070%	$180K	$4.0M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0013%	1h	119.22	−0.308%	$24K	$47K	20x	as long as short
HTX SOL-USDT	+0.0060%	8h	119.46	−0.110%	$232.8M	$43.7M	75x	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	+0.0060%	8h	119.54	−0.043%	$1.1M	$5.9M	100x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.50	−0.074%	$122K	$602K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.52	−0.061%	$105K	$152K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0079%	1h	119.61	+0.016%	$26.8M	$27.6M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.58	−0.014%	—	$371.9M	—	as long as short
Gate SOL_USDT	+0.0086%	8h	119.62	+0.023%	$872.8M	$683.3M	100x	as long as short
ApeX Omni SOLUSDT	+0.0091%	1h	119.29	−0.253%	$1.5M	$6.2M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.58	−0.007%	$13.7M	$54.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.58	−0.013%	$2.1M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.53	−0.049%	$355K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.54	−0.041%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.48	−0.094%	$45K	$783K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.44	−0.128%	$6.4M	$41.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.70	+0.089%	$722.6M	$409.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.60	+0.006%	$180.1M	$175.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.62	+0.024%	$12.4M	$114.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.58	−0.011%	$976.9M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.61	+0.018%	$828.4M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.52	−0.061%	$372.1M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.55	−0.036%	$234K	$876K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.64	+0.037%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	119.55	−0.036%	$445.1M	$1.09B	300x
KuCoin SOLUSDTMlong	+0.0100%	8h	119.59	long leg	$142.8M	$196.4M	75x
Bitget SOLUSDT	+0.0100%	8h	119.57	−0.022%	$500.1M	$450.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.60	+0.006%	$24.4M	$38.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.50	−0.077%	$27.5M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.25	−0.283%	$95.8M	$398.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.36	−0.195%	$48.8M	$33.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.41	−0.153%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.50	−0.078%	$369K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.48	−0.094%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.51	−0.069%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.51	−0.073%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.54	−0.044%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.50	−0.078%	$46.7M	$100.5M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.98	−0.512%	$133.4M	$11.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.58	−0.007%	$8.8M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.60	+0.009%	$8.1M	$416.5M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.51	−0.066%	—	$217.6M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.53	−0.053%	$6.6M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.54	−0.042%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.48	−0.090%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.53	−0.053%	$51.7M	$86.5M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.57	−0.022%	$36.1M	$89.4M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0174%	1h	119.51	−0.070%	$3.6M	—	200x	as long as short