Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: KuCoin against Bullet−0.034%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.266% of the position

Long on Bullet Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.034%, 7d avg −0.016%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SOL-USD	116.23	0.0100	pay 0.0013% / 1h	35m 24s	$284K	$1.7M	20x
Short	KuCoin SOLUSDTM	116.19	0.0100	get 0.0100% / 8h	35m 24s	$131.9M	$234.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bullet. 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 BulletbpFee KuCoinbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → −0.016%: −$1.82
Slippage, 4 orders: −$6.59
Fee Bullet: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$28.41
Costs to cover: 0.266%
Break-even: never at this rate

Slippage from Bullet: live order book, 4 min ago; KuCoin: 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 Bullet live order book, 4 min ago	0.21 bp	5.8 bp −$6	7.4 bp −$74	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	0.43 bp	7.3 bp −$7	10.2 bp −$102	19.5 bp −$1,954	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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.31	+0.064%	$32.5M	$106.8M	100x	as long as short
Hibachi SOL/USDT-P	−0.0144%	1h	116.31	+0.070%	$95K	$684K	20x	as long as short
Bybit SOLUSDT	−0.0110%	8h	116.15	−0.069%	$734.4M	$1.43B	100x	as long as short
Derive SOL-PERP	−0.0081%	1h	116.19	−0.035%	$1.8M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.21	−0.017%	$1K	$8K	25x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.85	+0.531%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0051%	1h	116.20	−0.026%	—	$749K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.22	−0.013%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.38	+0.126%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.19	−0.034%	$106K	$3.5M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SOL-USD	+0.0006%	1h	116.24	+0.006%	$6.1M	$11.0M	20x	as long as short
dYdX SOL-USD	+0.0006%	1h	116.20	−0.031%	$4.3M	$23.5M	20x	as long as short
Bitget SOLUSDT	+0.0023%	8h	116.23	−0.003%	$479.5M	$458.2M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0041%	1h	116.30	+0.054%	$26.4M	$22.0M	50x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.22	−0.011%	$99K	$180K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.28	+0.041%	$7.9M	$400.7M	50x	as long as short
Aster SOLUSDT	+0.0054%	8h	116.17	−0.058%	$176.5M	$168.9M	100x	as long as short
Lighter RH SOL	+0.0056%	1h	116.21	−0.016%	$2.1M	$16.7M	25x	as long as short
Orderly PERP_SOL_USDC	+0.0073%	8h	116.19	−0.038%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0092%	8h	116.24	+0.004%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.23	−0.004%	$13.1M	$60.5M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.22	−0.009%	$350K	$256K	20x	as long as short
Gate SOL_USDT	+0.0097%	8h	116.19	−0.037%	$844.2M	$663.7M	100x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.15	−0.071%	$64K	$913K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.22	−0.015%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.30	+0.058%	$701.1M	$406.3M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.29	+0.045%	$15.7M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.17	−0.050%	$962.5M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.19	−0.037%	$367.0M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.17	−0.054%	$217K	$829K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.20	−0.028%	$890K	$8.5M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.18	−0.046%	$368.7M	$1.06B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	116.19	−0.034%	$131.9M	$234.1M	75x
BingX SOL-USDT	+0.0100%	8h	116.19	−0.040%	—	$374.0M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.27	+0.032%	$23.0M	$35.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.22	−0.009%	$24.8M	$108.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.34	+0.091%	$93.4M	$406.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.54	+0.264%	$47.7M	$29.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.34	+0.091%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.31	+0.066%	$1.3M	$11.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.21	−0.020%	$313K	$2.8M	20x	as long as short
Bullet SOL-USDlong	+0.0100%	1h	116.23	long leg	$284K	$1.7M	20x
Bluefin SOL-PERP	+0.0100%	1h	116.21	−0.018%	$26K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.18	−0.043%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.15	−0.068%	$224.9M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.27	+0.032%	$45.2M	$104.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	+0.273%	$126.1M	$26.3M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.18	−0.047%	$8.2M	$37.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.21	−0.016%	—	$234.0M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.43	+0.169%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.17	−0.051%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.24	+0.006%	$52.0M	$65.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.21	−0.019%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0480%	1h	116.51	+0.234%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.25	+0.014%	$2.1M	$4.8M	20x	as long as short