Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0313%/8h= +34.2% APRpaid last 24h +0.082%

Price spread now: Aftermath Perps against Kalshi−0.035%7-day average — · you buy dearer than you sell

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

Long on Kalshi Short on Aftermath Perps

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

Funding pays, the price is against you. Aftermath Perps is 0.035% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXSOLPERP	118.05	0	get 0.0000% / 8h	2h 42m	$1.5M	$21.4M	3.1x
Short	Aftermath Perps SOLUSD	118.01	0.0313	get 0.0039% / 1h	42m 38s	$25K	$51K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Kalshi. 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 KalshibpFee Aftermath PerpsbpOrdersPrice spread, now −0.035%Rate

Funding earned: $65.68
Price spread: −0.035% → 0.000%: −$3.52
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $43.16
Costs to cover: 0.190%
Break-even: 2.4 days

Slippage unknown: Kalshi: live order book, 1 min ago; Aftermath Perps: no order-book sample. 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 Kalshi live order book, 1 min ago	2.16 bp	8.7 bp −$9	15.4 bp −$154	22.0 bp −$2,198	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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
ApeX Omni SOLUSDT	−0.0171%	1h	118.09	+0.030%	$1.5M	$6.1M	50x	as long as short
Hibachi SOL/USDT-P	−0.0088%	1h	117.92	−0.110%	$92K	$707K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.65	−0.344%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0077%	1h	117.64	−0.352%	—	$610K	20x	as long as short
HTX SOL-USDT	−0.0035%	8h	117.86	−0.163%	$229.2M	$45.1M	75x	as long as short
Derive SOL-PERP	−0.0022%	1h	117.83	−0.191%	$2.0M	$2.7M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.95	−0.089%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.68	−0.317%	$4.5M	$25.9M	20x	as long as short
Kalshi KXSOLPERPlong	0.0000%	8h	118.05	long leg	$1.5M	$21.4M	3.1x
Perpl SOL	0.0000%	43m	117.97	−0.075%	$128K	$4.0M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SOL_USDT	+0.0002%	8h	117.63	−0.360%	$850.2M	$654.3M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0011%	1h	117.94	−0.099%	$26.4M	$25.4M	50x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.62	−0.370%	$2.0M	$4.7M	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.84	−0.184%	$31.6M	$98.8M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.92	−0.115%	$7.9M	$412.1M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.63	−0.358%	—	$369.9M	—	as long as short
Orderly PERP_SOL_USDC	+0.0084%	8h	117.90	−0.131%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	117.67	−0.326%	$102K	$162K	20x	as long as short
Lighter SOL	+0.0096%	1h	117.62	−0.368%	$13.0M	$59.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.61	−0.377%	$2.1M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.89	−0.142%	$345K	$264K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	117.64	−0.350%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.60	−0.385%	$54K	$835K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.63	−0.364%	$5.7M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.75	−0.257%	$717.6M	$403.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.63	−0.359%	$176.7M	$180.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.66	−0.337%	$14.0M	$130.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.64	−0.352%	$976.0M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.66	−0.339%	$821.7M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.65	−0.343%	$368.4M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.64	−0.352%	$239K	$893K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.66	−0.333%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.64	−0.352%	$421.5M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.64	−0.356%	$133.5M	$208.3M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.61	−0.375%	$488.2M	$444.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.80	−0.216%	$23.8M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.01	−0.041%	$24.4M	$129.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.06	+0.006%	$94.8M	$404.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.90	−0.132%	$48.3M	$29.5M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.97	−0.072%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.92	−0.114%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.95	−0.086%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.92	−0.119%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.93	−0.108%	$192K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.87	−0.157%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.88	−0.148%	$45.9M	$101.7M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.07	+0.013%	$135.9M	$13.3M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.96	−0.080%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.60	−0.388%	$8.2M	$35.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	118.02	−0.029%	—	$228.4M	500x	as long as short
Reya SOLRUSDPERP	+0.0188%	1h	117.91	−0.120%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.04	−0.013%	$52.1M	$74.3M	125x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	118.20	+0.123%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0168%	1h	117.95	−0.089%	$3.7M	—	200x	as long as short
Aftermath Perps SOLUSDshort	+0.0313%	1h	118.01	−0.035%	$25K	$51K	20x