SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Kalshi against MEXC−0.078%48s7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.213% of the position

Long on MEXC Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days+0.095%+$9 · spread now −0.078%, 7d avg +0.021%

Together, before fees+0.107%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.099% cheaper against MEXC than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.021%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	117.41	0.0100	pay 0.0100% / 8h	5h 36m	$426.4M	$1.07B	300x
Short	Kalshi KXSOLPERP	117.32	0	get 0.0000% / 8h	1h 36m	$1.4M	$19.4M	3.1x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against MEXC. 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 MEXCbpFee KalshibpOrdersPrice spread, now −0.078%Rate

Funding earned: −$21
Price spread: −0.078% → +0.021%: −$9.95
Slippage, 4 orders: −$9.31
Fee MEXC: 1 bp × 2 orders: −$2
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$52.26
Costs to cover: 0.213%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Kalshi: live order book, 3 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 MEXC live order book, 3 min ago	0.43 bp	1.4 bp −$1	1.6 bp −$16	3.0 bp −$296	7.1 bp −$3,569
Sell Kalshi live order book, 3 min ago	2.73 bp	9.7 bp −$10	12.2 bp −$122	19.9 bp −$1,987	doesn't fit

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	117.26	−0.124%	$917	$8K	25x	as long as short
Vest SOL-PERP	−0.0060%	1h	117.30	−0.091%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.36	−0.040%	$31.6M	$98.4M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.25	−0.140%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.45	+0.034%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.44	+0.024%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERPshort	0.0000%	8h	117.32	−0.078%	$1.4M	$19.4M	3.1x
01 Exchange SOLUSD	+0.0056%	1h	117.42	+0.009%	$100K	$163K	20x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	117.32	−0.074%	$102K	$693K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.38	−0.026%	$8.0M	$403.0M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0069%	8h	117.30	−0.091%	$227.7M	$45.5M	75x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0078%	1h	117.37	−0.034%	$26.4M	$25.1M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.45	+0.032%	—	$363.1M	—	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	117.47	+0.052%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.46	+0.041%	$13.1M	$59.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.41	+0.001%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.33	−0.070%	$344K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.36	−0.043%	$65K	$839K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.47	+0.048%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.47	+0.055%	$5.8M	$39.2M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.44	+0.026%	$176.8M	$178.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.48	+0.061%	$14.5M	$128.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.45	+0.034%	$966.1M	$3.72B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.47	+0.051%	$823.5M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.48	+0.060%	$365.8M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.41	0.000%	$237K	$848K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.45	+0.038%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.45	+0.034%	$134.7M	$15.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.39	−0.017%	$857.8M	$648.3M	100x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	117.41	long leg	$426.4M	$1.07B	300x
KuCoin SOLUSDTM	+0.0100%	8h	117.43	+0.015%	$129.8M	$212.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.37	−0.032%	$486.5M	$432.9M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.38	−0.026%	$23.6M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.24	−0.143%	$24.3M	$117.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.31	−0.081%	$94.2M	$398.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.16	−0.209%	$48.0M	$28.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.23	−0.153%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.28	−0.111%	$1.3M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.40	−0.009%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.42	+0.010%	$199K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.44	+0.030%	$25K	$28K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.18	−0.196%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.34	−0.060%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.39	−0.017%	$45.7M	$100.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.41	−0.002%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.37	−0.033%	—	$218.9M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.38	−0.026%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.48	+0.063%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0165%	1h	117.52	+0.094%	$717.9M	$392.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.37	−0.038%	$1.1M	$526K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.38	−0.026%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.36	−0.043%	$51.7M	$71.0M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.43	+0.014%	$127K	$3.8M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.43	+0.020%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0388%	1h	117.37	−0.030%	$25K	$51K	20x	as long as short