SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: MEXC against Kalshi−0.099%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$180.181% of the position

Long on Kalshi Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days+0.082%+$8 · spread now −0.099%, 7d avg −0.021%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.078% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.021%). If the spread goes back, that is −$8 on $10k: about 2.6 days 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	117.53	0	get 0.0000% / 8h	1h 26m	$1.4M	$19.3M	3.1x
Short	MEXC SOL_USDT	117.41	0.0100	get 0.0100% / 8h	5h 26m	$423.2M	$1.07B	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.099%Rate

Funding earned: $21
Price spread: −0.099% → −0.021%: −$7.76
Slippage, 4 orders: −$6.05
Fee Kalshi: 5 bp × 2 orders: −$10
Fee MEXC: 1 bp × 2 orders: −$2
Net: −$4.81
Costs to cover: 0.181%
Break-even: 8.6 days

Slippage from Kalshi: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago	1.28 bp	7.7 bp −$8	12.1 bp −$121	19.2 bp −$1,921	doesn't fit
Sell MEXC live order book, 2 min ago	0.43 bp	1.4 bp −$1	1.4 bp −$14	2.7 bp −$272	5.5 bp −$2,767

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
Bluefin SOL-PERP	−0.0132%	1h	117.35	−0.152%	$25K	$28K	25x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.52	−0.005%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0064%	1h	117.36	−0.141%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.33	−0.163%	$31.6M	$98.3M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.27	−0.216%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.35	−0.150%	$57K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.42	−0.094%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERPlong	0.0000%	8h	117.53	long leg	$1.4M	$19.3M	3.1x
Deribit SOL_USDC-PERPETUAL	+0.0006%	1h	117.38	−0.123%	$26.4M	$24.9M	50x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	117.42	−0.090%	$100K	$165K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0064%	1h	117.65	+0.105%	$105K	$695K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.36	−0.139%	$8.0M	$403.0M	50x	as long as short
BingX SOL-USDC	+0.0070%	8h	117.39	−0.115%	—	$10.5M	—	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	117.35	−0.151%	$1.0M	$5.8M	100x	as long as short
HTX SOL-USDT	+0.0091%	8h	117.32	−0.172%	$228.0M	$45.5M	75x	as long as short
Lighter SOL	+0.0096%	1h	117.35	−0.152%	$13.1M	$59.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.34	−0.157%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.34	−0.155%	$344K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.41	−0.099%	$65K	$839K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.47	−0.046%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.44	−0.073%	$5.8M	$39.0M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.42	−0.090%	$176.2M	$179.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.46	−0.056%	$14.5M	$128.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.43	−0.082%	$966.5M	$3.72B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.47	−0.048%	$825.4M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.45	−0.065%	$365.9M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.41	−0.099%	$238K	$851K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.42	−0.088%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.44	−0.071%	$135.1M	$16.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.45	−0.065%	$856.4M	$650.7M	100x	as long as short
MEXC SOL_USDTshort	+0.0100%	8h	117.41	−0.099%	$423.2M	$1.07B	300x
KuCoin SOLUSDTM	+0.0100%	8h	117.45	−0.066%	$129.6M	$212.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.43	−0.078%	$486.6M	$431.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.39	−0.116%	$23.6M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.72	+0.166%	$24.4M	$115.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.60	+0.063%	$94.5M	$392.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.57	+0.041%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.76	+0.199%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.63	+0.088%	$1.3M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.38	−0.124%	$354K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.36	−0.141%	$200K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.39	−0.119%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.34	−0.158%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.36	−0.141%	$45.7M	$100.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.39	−0.117%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.41	−0.101%	—	$216.2M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.64	+0.097%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.48	−0.041%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0173%	1h	117.50	−0.022%	$718.7M	$393.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.36	−0.143%	$1.1M	$527K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.49	−0.031%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.34	−0.158%	$51.5M	$71.3M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.44	−0.071%	$127K	$3.8M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.34	−0.156%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0395%	1h	117.52	−0.002%	$25K	$51K	20x	as long as short