Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Kalshi−0.051%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.051%, 7d avg −0.016%
=Funding pays, the price is against you. KuCoin is 0.035% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.016%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXSOLPERP | 116.40 | 0 | get 0.0000% / 8h | 6h 44m | $1.4M | $19.1M | 3.1x |
| Short | KuCoin SOLUSDTM | 116.34 | 0.0100 | get 0.0100% / 8h | 2h 44m | $123.9M | $227.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.051% → −0.016%
- −$3.47
- Slippage, 4 orders
- −$8.64
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$13.12
- Costs to cover
- 0.306%
- Break-even
- 11.4 days
Slippage from Kalshi: live order book, 4 min ago; KuCoin: live order book, 9 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, 4 min ago | 1.46 bp | 7.7 bp −$8 | 11.4 bp −$114 | 16.8 bp −$1,679 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 0.04 bp | 8.1 bp −$8 | 12.5 bp −$125 | 21.2 bp −$2,115 | 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 | −0.0240% | 1h | 116.34 | −0.056% | $31.5M | $103.2M | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0232% | 1h | 116.35 | −0.047% | $105K | $705K | 20x | as long as short |
| Vest SOL-PERP | −0.0128% | 1h | 116.33 | −0.065% | — | $601K | 20x | as long as short |
| Bybit SOLUSDT | −0.0115% | 8h | 116.30 | −0.088% | $743.6M | $1.41B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.41 | +0.003% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0051% | 1h | 116.27 | −0.118% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.36 | −0.035% | $42K | — | 150x | as long as short |
| 01 Exchange SOLUSD | 0.0000% | 1h | 116.39 | −0.011% | $99K | $176K | 20x | as long as short |
| Kalshi KXSOLPERPlong | 0.0000% | 8h | 116.40 | long leg | $1.4M | $19.1M | 3.1x | |
| Perpl SOL | 0.0000% | 43m | 116.40 | 0.000% | $112K | $3.7M | 8.3x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX SOL-USD | +0.0018% | 1h | 116.34 | −0.055% | $4.4M | $24.2M | 20x | as long as short |
| Bullet SOL-USD | +0.0038% | 1h | 116.36 | −0.035% | $147K | $1.6M | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.37 | −0.032% | $7.7M | $405.0M | 50x | as long as short |
| Bitget SOLUSDT | +0.0074% | 8h | 116.30 | −0.087% | $480.6M | $450.0M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0076% | 1h | 116.39 | −0.010% | $26.2M | $22.9M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0095% | 8h | 116.36 | −0.039% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.32 | −0.070% | $13.0M | $60.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.30 | −0.089% | $2.1M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.36 | −0.039% | $350K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.35 | −0.046% | $60K | $899K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 116.35 | −0.044% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.35 | −0.048% | $5.3M | $40.4M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.39 | −0.011% | $698.6M | $393.9M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.31 | −0.076% | $174.3M | $183.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.38 | −0.016% | $15.7M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.34 | −0.054% | $970.3M | $3.85B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.32 | −0.071% | $365.9M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.26 | −0.123% | $213K | $871K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.34 | −0.053% | $916K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.45 | +0.040% | $130.4M | $16.4M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.33 | −0.063% | $850.2M | $659.9M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.35 | −0.046% | $365.0M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTMshort | +0.0100% | 8h | 116.34 | −0.051% | $123.9M | $227.6M | 75x | |
| BingX SOL-USDC | +0.0100% | 8h | 116.32 | −0.070% | — | $10.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.34 | −0.054% | $22.9M | $40.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.26 | −0.119% | $25.0M | $114.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.45 | +0.044% | $93.5M | $403.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.37 | −0.028% | $47.6M | $30.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.47 | +0.058% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.37 | −0.028% | $1.3M | $12.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.36 | −0.037% | $321K | $2.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.36 | −0.034% | $25K | $33K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.40 | −0.001% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.33 | −0.063% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.34 | −0.051% | $225.4M | $48.5M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.37 | −0.028% | $45.3M | $103.7M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.29 | −0.099% | $8.1M | $38.4M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.40 | 0.000% | — | $237.6M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 116.55 | +0.126% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0179% | 1h | 116.48 | +0.066% | $6.5M | $13.7M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0192% | 1h | 116.35 | −0.045% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.31 | −0.080% | $51.8M | $67.5M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0173% | 1h | 116.37 | −0.028% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0547% | 1h | 116.38 | −0.021% | $1.9M | $4.8M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0585% | 1h | 116.46 | +0.046% | $25K | $52K | 20x | as long as short |
Kalshi KXSOLPERP
KuCoin SOLUSDTM
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
01 Exchange SOLUSD
Bullet SOL-USD
Coinbase International SOL-PERP-INTX
Bitget SOLUSDT
Deribit SOL_USDC-PERPETUAL
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
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD