Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.030%

Price spread now: KuCoin against gTrade (Gains Network)−0.003%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SOL/USD	117.51	L 0.0000% / S +0.0004%	get 0.0000% / 1h	38m 48s	$53K	—	150x
Short	KuCoin SOLUSDTM	117.51	0.0100	get 0.0100% / 8h	6h 38m	$131.7M	$208.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee KuCoinbpOrdersPrice spread, now −0.003%Rate

Funding earned: $21.09
Price spread: −0.003% → 0.000%: −$0.26
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1.17
Costs to cover: 0.220%
Break-even: 7.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 5 min ago	0.63 bp	8.3 bp −$8	11.0 bp −$110	16.0 bp −$1,602	29.3 bp −$14.7K

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	117.27	−0.210%	$917	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0080%	1h	117.12	−0.333%	$91K	$707K	20x	as long as short
Vest SOL-PERP	−0.0076%	1h	117.39	−0.103%	—	$610K	20x	as long as short
ApeX Omni SOLUSDT	−0.0054%	1h	117.98	+0.397%	$1.5M	$6.1M	50x	as long as short
Gate SOL_USDT	−0.0028%	8h	117.50	−0.012%	$852.0M	$657.8M	100x	as long as short
HTX SOL-USDT	−0.0027%	8h	117.46	−0.047%	$228.4M	$45.6M	75x	as long as short
Derive SOL-PERP	−0.0022%	1h	117.43	−0.076%	$2.0M	$2.7M	13x	as long as short
gTrade (Gains Network) SOL/USDlong	L 0.0000% / S +0.0004%	1h	117.51	long leg	$53K	—	150x
dYdX SOL-USD	0.0000%	1h	117.37	−0.123%	$4.5M	$25.9M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.44	−0.061%	$1.5M	$21.4M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	117.56	+0.039%	$129K	$3.9M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	117.55	+0.028%	$26.4M	$25.5M	50x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.35	−0.142%	$2.0M	$4.7M	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.52	+0.005%	$31.3M	$98.8M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.51	−0.003%	$8.0M	$411.8M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.49	−0.017%	—	$371.2M	—	as long as short
Orderly PERP_SOL_USDC	+0.0085%	8h	117.51	−0.001%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	117.37	−0.123%	$103K	$164K	20x	as long as short
Lighter SOL	+0.0096%	1h	117.49	−0.020%	$13.0M	$59.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.50	−0.013%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.52	+0.003%	$344K	$260K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	117.37	−0.125%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.30	−0.182%	$65K	$855K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.50	−0.016%	$5.7M	$41.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.59	+0.065%	$716.0M	$399.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.48	−0.030%	$176.4M	$181.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.43	−0.076%	$14.4M	$131.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.48	−0.033%	$969.7M	$3.85B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.49	−0.021%	$819.4M	$1.29B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.49	−0.020%	$365.5M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.31	−0.174%	$238K	$891K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.39	−0.110%	$2.0M	$9.1M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.48	−0.029%	$421.5M	$1.10B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	117.51	−0.003%	$131.7M	$208.8M	75x
Bitget SOLUSDT	+0.0100%	8h	117.47	−0.035%	$487.3M	$446.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.52	+0.005%	$23.7M	$37.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.53	+0.011%	$24.3M	$129.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.97	+0.390%	$94.8M	$402.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.47	−0.038%	$48.1M	$29.5M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.18	−0.284%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.50	−0.012%	$357K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.51	−0.007%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.50	−0.013%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.51	−0.005%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.51	−0.003%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.51	−0.003%	$45.8M	$102.0M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.07	+0.473%	$135.9M	$13.3M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.59	+0.065%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.46	−0.049%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.34	−0.149%	—	$228.8M	500x	as long as short
Reya SOLRUSDPERP	+0.0188%	1h	117.49	−0.018%	$1.1M	$523K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.04	+0.448%	$52.1M	$74.3M	125x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	118.20	+0.584%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0168%	1h	117.50	−0.013%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0314%	1h	117.71	+0.167%	$25K	$51K	20x	as long as short