Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP116.400get 0.0000% / 8h6h 44m$1.4M$19.1M3.1x
ShortKuCoin SOLUSDTM116.340.0100get 0.0100% / 8h2h 44m$123.9M$227.6M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 4 min ago1.46 bp7.7 bp −$811.4 bp −$11416.8 bp −$1,679doesn't fit
Sell KuCoin live order book, 9 min ago0.04 bp8.1 bp −$812.5 bp −$12521.2 bp −$2,115doesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD−0.0240%1h116.34−0.056%$31.5M$103.2M100xas long as short
Hibachi SOL/USDT-P−0.0232%1h116.35−0.047%$105K$705K20xas long as short
Vest SOL-PERP−0.0128%1h116.33−0.065%$601K20xas long as short
Bybit SOLUSDT−0.0115%8h116.30−0.088%$743.6M$1.41B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.41+0.003%$1K$8K25xas long as short
Derive SOL-PERP−0.0051%1h116.27−0.118%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.36−0.035%$42K150xas long as short
01 Exchange SOLUSD0.0000%1h116.39−0.011%$99K$176K20xas long as short
Kalshi KXSOLPERPlong0.0000%8h116.40long leg$1.4M$19.1M3.1x
Perpl SOL0.0000%43m116.400.000%$112K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0018%1h116.34−0.055%$4.4M$24.2M20xas long as short
Bullet SOL-USD+0.0038%1h116.36−0.035%$147K$1.6M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.37−0.032%$7.7M$405.0M50xas long as short
Bitget SOLUSDT+0.0074%8h116.30−0.087%$480.6M$450.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0076%1h116.39−0.010%$26.2M$22.9M50xas long as short
Orderly PERP_SOL_USDC+0.0095%8h116.36−0.039%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.32−0.070%$13.0M$60.5M25xas long as short
Lighter RH SOL+0.0096%1h116.30−0.089%$2.1M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.36−0.039%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.35−0.046%$60K$899K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h116.35−0.044%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.35−0.048%$5.3M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.39−0.011%$698.6M$393.9M20xas long as short
Aster SOLUSDT+0.0100%8h116.31−0.076%$174.3M$183.3M100xas long as short
Pacifica SOL+0.0100%1h116.38−0.016%$15.7M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.34−0.054%$970.3M$3.85B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.32−0.071%$365.9M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.26−0.123%$213K$871K10xas long as short
Arcus SOL-USD+0.0100%1h116.34−0.053%$916K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.45+0.040%$130.4M$16.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.33−0.063%$850.2M$659.9M100xas long as short
MEXC SOL_USDT+0.0100%8h116.35−0.046%$365.0M$1.07B300xas long as short
KuCoin SOLUSDTMshort+0.0100%8h116.34−0.051%$123.9M$227.6M75x
BingX SOL-USDC+0.0100%8h116.32−0.070%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.34−0.054%$22.9M$40.1M50xas long as short
Variational Omni SOL+0.0100%8h116.26−0.119%$25.0M$114.1Mas long as short
edgeX SOLUSDC+0.0100%4h116.45+0.044%$93.5M$403.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.37−0.028%$47.6M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.47+0.058%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.37−0.028%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.36−0.037%$321K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.36−0.034%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.40−0.001%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.33−0.063%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.34−0.051%$225.4M$48.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.37−0.028%$45.3M$103.7M50xas long as short
Extended SOL-USD+0.0104%1h116.29−0.099%$8.1M$38.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.400.000%$237.6M500xas long as short
Injective SOL/USDC PERP+0.0173%1h116.55+0.126%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.48+0.066%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0192%1h116.35−0.045%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.31−0.080%$51.8M$67.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.37−0.028%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h116.38−0.021%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0585%1h116.46+0.046%$25K$52K20xas long as short