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: KuCoin against MEXC+0.042%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

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

Long on MEXC Short on KuCoin

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−0.044%−$4 · spread now +0.042%, 7d avg +0.004%

Together, before fees−0.071%−$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: KuCoin is 0.038% dearer against MEXC than usual: you sell high and buy low, +$4 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	MEXC SOL_USDT	119.54	0.0100	pay 0.0100% / 8h	2h 23m	$444.3M	$1.09B	300x
Short	KuCoin SOLUSDTM	119.59	0.0100	get 0.0100% / 8h	2h 23m	$142.8M	$196.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → +0.004%: $3.81
Slippage, 4 orders: −$2.35
Fee MEXC: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$12.54
Costs to cover: 0.164%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; KuCoin: live order book, 6 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, 6 min ago	0.42 bp	1.4 bp −$1	1.4 bp −$14	2.6 bp −$264	4.6 bp −$2,278
Sell KuCoin live order book, 6 min ago	0.04 bp	6.6 bp −$7	10.5 bp −$105	15.0 bp −$1,501	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
Injective SOL/USDC PERP	−0.0151%	1h	119.15	−0.326%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.66	+0.098%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0076%	1h	119.54	−0.003%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0047%	1h	119.50	−0.037%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.67	+0.107%	$4.9M	$26.9M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.57	+0.025%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.60	+0.050%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.63	+0.071%	$180K	$4.0M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0012%	1h	119.36	−0.149%	$24K	$47K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0027%	1h	119.64	+0.083%	$26.8M	$27.7M	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	+0.0057%	8h	119.49	−0.038%	$232.7M	$44.5M	75x	as long as short
Orderly PERP_SOL_USDC	+0.0061%	8h	119.59	+0.046%	$1.1M	$5.9M	100x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.52	−0.016%	$122K	$602K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.60	+0.050%	$105K	$152K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.56	+0.013%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0086%	8h	119.57	+0.025%	$873.3M	$684.5M	100x	as long as short
ApeX Omni SOLUSDT	+0.0091%	1h	119.29	−0.209%	$1.5M	$6.2M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.59	+0.044%	$13.6M	$54.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.58	+0.036%	$2.1M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.58	+0.032%	$355K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.58	+0.036%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.57	+0.025%	$47K	$787K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.56	+0.019%	$6.5M	$41.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.66	+0.100%	$722.2M	$410.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.59	+0.039%	$180.1M	$175.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.63	+0.077%	$12.4M	$114.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.59	+0.042%	$977.0M	$3.76B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.59	+0.045%	$829.3M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.57	+0.025%	$372.4M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.61	+0.059%	$234K	$876K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.64	+0.084%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	119.54	long leg	$444.3M	$1.09B	300x
KuCoin SOLUSDTMshort	+0.0100%	8h	119.59	+0.042%	$142.8M	$196.6M	75x
Bitget SOLUSDT	+0.0100%	8h	119.57	+0.026%	$499.7M	$450.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.69	+0.125%	$24.5M	$38.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.50	−0.033%	$27.5M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.25	−0.239%	$95.8M	$398.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.36	−0.151%	$48.8M	$33.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.56	+0.017%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.57	+0.025%	$367K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.55	+0.007%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.57	+0.028%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.55	+0.004%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.58	+0.033%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.56	+0.017%	$46.7M	$100.8M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.98	−0.467%	$133.4M	$11.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.55	+0.011%	$8.8M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.65	+0.092%	$8.2M	$417.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.57	+0.028%	—	$218.5M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.53	−0.008%	$6.6M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.63	+0.078%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.55	+0.005%	$1.1M	$555K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.59	+0.042%	$51.8M	$86.4M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0222%	1h	119.62	+0.066%	$36.1M	$89.6M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0174%	1h	119.56	+0.019%	$3.6M	—	200x	as long as short