Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.027%
Price spread now: Kalshi against Paradex+0.094%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 4 days (all we have)−0.079%−$8 on $10k
+Price spread, last 7 days−0.157%−$16 · spread now +0.094%, 7d avg +0.045%
=Together, before fees−0.236%+ Points / potential airdropParadex: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.049% dearer against Paradex than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.045%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex SOL-USD-PERP | 117.21 | 0.0100 | pay 0.0100% / 8h | 5h 37m | $1.0M | $516K | 50x |
| Short | Kalshi KXSOLPERP | 117.32 | 0 | get 0.0000% / 8h | 1h 37m | $1.4M | $19.4M | 3.1x |
Paradex SOL-USD-PERP
Kalshi KXSOLPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.97
- Price spread: +0.094% → +0.045%
- $4.92
- Slippage, 4 orders
- −$58.45
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$88.5
- Costs to cover
- 0.724%
- Break-even
- never at this rate
Slippage from Paradex: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex live order book, 2 min ago | 24.99 bp | 27.0 bp −$27 | 81.8 bp −$818 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 2 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 | 117.16 | −0.039% | $916 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0060% | 1h | 117.19 | −0.018% | — | $605K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0055% | 1h | 117.36 | +0.133% | $31.6M | $98.4M | 100x | as long as short |
| Derive SOL-PERP | −0.0010% | 1h | 117.25 | +0.032% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.32 | +0.096% | $56K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.13 | −0.069% | $4.5M | $24.1M | 20x | as long as short |
| Kalshi KXSOLPERPshort | 0.0000% | 8h | 117.32 | +0.094% | $1.4M | $19.4M | 3.1x | |
| 01 Exchange SOLUSD | +0.0056% | 1h | 117.27 | +0.054% | $100K | $163K | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0064% | 1h | 117.16 | −0.039% | $102K | $692K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 117.38 | +0.147% | $8.0M | $403.0M | 50x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Kraken Futures PF_SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
01 Exchange SOLUSD
Hibachi SOL/USDT-P
Coinbase International SOL-PERP-INTXShow 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 | +0.082% | $227.7M | $45.5M | 75x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0078% | 1h | 117.37 | +0.139% | $26.4M | $25.1M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 117.40 | +0.161% | — | $363.0M | — | as long as short |
| Bluefin SOL-PERP | +0.0084% | 1h | 117.31 | +0.086% | $25K | $28K | 25x | as long as short |
| Orderly PERP_SOL_USDC | +0.0089% | 8h | 117.33 | +0.108% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.35 | +0.120% | $13.1M | $59.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.34 | +0.114% | $2.1M | $16.3M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.33 | +0.103% | $344K | $226K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.14 | −0.057% | $65K | $839K | 20x | as long as short |
| Paradex SOL-USD-PERPlong | +0.0100% | 8h | 117.21 | long leg | $1.0M | $516K | 50x | |
| Nado SOL-PERP | +0.0100% | 1h | 117.28 | +0.058% | $5.8M | $39.3M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.33 | +0.103% | $176.7M | $179.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.17 | −0.034% | $14.5M | $128.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.34 | +0.113% | $965.2M | $3.72B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.34 | +0.110% | $822.6M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.34 | +0.113% | $365.6M | $1.63B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.13 | −0.066% | $238K | $847K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.20 | −0.007% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.45 | +0.207% | $134.7M | $15.8M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.36 | +0.130% | $857.3M | $648.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.33 | +0.105% | $424.6M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.35 | +0.121% | $129.7M | $212.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.33 | +0.101% | $486.3M | $432.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.38 | +0.147% | $23.6M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.24 | +0.030% | $24.3M | $117.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.31 | +0.092% | $94.2M | $398.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.16 | −0.036% | $48.0M | $28.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.23 | +0.019% | $1.5M | $5.9M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.17 | −0.032% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.27 | +0.054% | $352K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.33 | +0.105% | $199K | $1.6M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.18 | −0.023% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.34 | +0.113% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.39 | +0.156% | $45.7M | $100.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.30 | +0.082% | $8.2M | $36.1M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.10 | −0.088% | — | $218.9M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.38 | +0.147% | $6.5M | $13.4M | 25x | as long as short |
| RISEx SOL/USDC | +0.0136% | 1h | 117.26 | +0.048% | $1.9M | $4.9M | 20x | as long as short |
| Hyperliquid SOL | +0.0165% | 1h | 117.48 | +0.233% | $717.6M | $392.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 117.24 | +0.030% | $1.1M | $526K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0218% | 1h | 117.38 | +0.147% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.36 | +0.130% | $51.7M | $71.0M | 125x | as long as short |
| Perpl SOL | +0.0223% | 43m | 117.23 | +0.022% | $127K | $3.8M | 8.3x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 117.31 | +0.090% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0387% | 1h | 117.36 | +0.128% | $25K | $51K | 20x | as long as short |
HTX SOL-USDT
Deribit SOL_USDC-PERPETUAL
BingX SOL-USDT
Bluefin SOL-PERP
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
RISEx SOL/USDC
Hyperliquid SOL
Reya SOLRUSDPERP
Injective SOL/USDC PERP
BloFin SOL-USDT
Perpl SOL
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD