Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: HTX against Kalshi+0.019%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.185%−$19 · spread now +0.019%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.024% dearer against Kalshi than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXSOLPERP | 116.99 | 0 | get 0.0000% / 8h | 7h 44m | $1.4M | $19.1M | 3.1x |
| Short | HTX SOL-USDT | 117.01 | 0.0100 | get 0.0100% / 8h | 3h 44m | $226.8M | $47.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kalshi. 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
- $21
- Price spread: +0.019% → −0.005%
- $2.43
- Slippage, 4 orders
- −$5.91
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$4.49
- Costs to cover
- 0.279%
- Break-even
- 8.5 days
Slippage from Kalshi: live order book, 5 min ago; HTX: live order book, 5 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 Kalshi live order book, 5 min ago | 1.45 bp | 8.1 bp −$8 | 12.5 bp −$125 | 18.5 bp −$1,854 | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.00 bp | 6.0 bp −$6 | 9.3 bp −$93 | 24.0 bp −$2,402 | 48.3 bp −$24.2K |
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 | −0.0192% | 1h | 117.03 | +0.033% | $31.2M | $100.8M | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0160% | 1h | 116.99 | +0.004% | $103K | $699K | 20x | as long as short |
| Vest SOL-PERP | −0.0089% | 1h | 116.96 | −0.022% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.00 | +0.009% | $1K | $8K | 25x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.03 | +0.035% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERPlong | 0.0000% | 8h | 116.99 | long leg | $1.4M | $19.1M | 3.1x | |
| dYdX SOL-USD | +0.0003% | 1h | 117.01 | +0.018% | $4.4M | $24.2M | 20x | as long as short |
| Derive SOL-PERP | +0.0044% | 1h | 116.95 | −0.030% | $1.9M | $2.8M | 13x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 117.04 | +0.046% | $7.5M | $405.6M | 50x | as long as short |
| Bybit SOLUSDT | +0.0073% | 8h | 116.98 | −0.008% | $769.0M | $1.37B | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0088% | 1h | 117.04 | +0.044% | $99K | $175K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0094% | 8h | 117.02 | +0.027% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.03 | +0.032% | $13.1M | $59.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.02 | +0.023% | $2.2M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.02 | +0.025% | $348K | $244K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.94 | −0.042% | $50K | $882K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.05 | +0.056% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.94 | −0.040% | $5.4M | $40.1M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.13 | +0.121% | $707.1M | $394.1M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.02 | +0.023% | $175.1M | $183.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.99 | +0.002% | $15.8M | $130.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.03 | +0.035% | $977.6M | $3.81B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.05 | +0.052% | $368.3M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.94 | −0.042% | $230K | $850K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.04 | +0.041% | $923K | $8.8M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.01 | +0.018% | $853.2M | $659.0M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.01 | +0.018% | $367.9M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.00 | +0.009% | $129.4M | $222.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.00 | +0.013% | $482.3M | $443.8M | 100x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.98 | −0.005% | — | $10.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.01 | +0.018% | $23.2M | $39.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.90 | −0.072% | $24.5M | $113.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.86 | −0.114% | $93.8M | $400.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.76 | −0.196% | $47.7M | $30.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.93 | −0.054% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.99 | +0.001% | $1.3M | $12.8M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.00 | +0.009% | $323K | $2.6M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.00 | +0.013% | $148K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.99 | 0.000% | $25K | $31K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.93 | −0.049% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.03 | +0.035% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDTshort | +0.0100% | 8h | 117.01 | +0.019% | $226.8M | $47.9M | 75x | |
| Phemex SOLUSDT | +0.0100% | 8h | 117.03 | +0.035% | $45.9M | $103.0M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.90 | −0.076% | $134.0M | $22.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.97 | −0.020% | $8.3M | $37.5M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.99 | +0.001% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 117.01 | +0.021% | — | $231.3M | 500x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.88 | −0.093% | $6.5M | $13.8M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0183% | 1h | 117.08 | +0.078% | $26.4M | $23.3M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0191% | 1h | 116.97 | −0.013% | $1.1M | $541K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.01 | +0.018% | $52.0M | $67.7M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0178% | 1h | 117.02 | +0.028% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.03 | +0.039% | $138K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0525% | 1h | 116.98 | −0.009% | $25K | $51K | 20x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 117.11 | +0.100% | $1.9M | $4.8M | 20x | as long as short |
Kalshi KXSOLPERP
HTX SOL-USDT
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Derive SOL-PERP
Coinbase International SOL-PERP-INTX
Bybit SOLUSDT
01 Exchange SOLUSD
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDC
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Injective SOL/USDC PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC