Funding you earn now, next payment 03:05 UTC+0.0335%/8h= +36.7% APRpaid last 24h +0.017%
Price spread now: Perpl against Kalshi+0.058%47s7-day average −0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.265%−$26 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now +0.058%, 7d avg −0.042%
=Together, before fees−0.330%+ Points / potential airdropPerpl: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Perpl is 0.100% dearer against Kalshi than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.265%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXSOLPERP | 116.60 | 0 | get 0.0000% / 8h | 14m 33s | $1.5M | $18.7M | 3.1x |
| Short | Perpl SOL | 116.67 | 0.0335 | get 0.0030% / 43m | 28m 33s | $139K | $3.7M | 8.3x |
Kalshi KXSOLPERP
Perpl SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $70.33
- Price spread: +0.058% → −0.042%
- $10.01
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $56.53
- Costs to cover
- 0.238%
- Break-even
- 1.4 days
Slippage unknown: Kalshi: live order book, 4 min ago; Perpl: 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, 4 min ago | 0.43 bp | 9.2 bp −$9 | 12.8 bp −$128 | 19.0 bp −$1,900 | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0144% | 1h | 116.67 | +0.055% | $103K | $701K | 20x | as long as short |
| Vest SOL-PERP | −0.0098% | 1h | 116.58 | −0.020% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.63 | +0.028% | $1K | $8K | 25x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.67 | +0.058% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERPlong | 0.0000% | 8h | 116.60 | long leg | $1.5M | $18.7M | 3.1x | |
| dYdX SOL-USD | +0.0001% | 1h | 116.67 | +0.057% | $4.4M | $24.2M | 20x | as long as short |
| Derive SOL-PERP | +0.0031% | 1h | 116.60 | 0.000% | $1.9M | $2.9M | 13x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 116.65 | +0.042% | $99K | $172K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.67 | +0.055% | $7.4M | $404.5M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.66 | +0.048% | $31.0M | $100.0M | 100x | as long as short |
Hibachi SOL/USDT-P
Vest SOL-PERP
Hotstuff SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Derive SOL-PERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.67 | +0.061% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.64 | +0.033% | $13.0M | $60.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.64 | +0.033% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.66 | +0.051% | $347K | $244K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.59 | −0.009% | $50K | $870K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.68 | +0.070% | $1.0M | $549K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.63 | +0.028% | $5.4M | $39.8M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.74 | +0.116% | $704.8M | $395.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.62 | +0.019% | $174.8M | $182.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.67 | +0.059% | $15.7M | $130.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.64 | +0.033% | $970.0M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.60 | −0.001% | $782.3M | $1.35B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.65 | +0.042% | $368.9M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.53 | −0.061% | $231K | $845K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.65 | +0.045% | $926K | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.65 | +0.041% | $134.0M | $22.4M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.64 | +0.033% | $840.7M | $664.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.62 | +0.016% | $383.5M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.61 | +0.009% | $128.6M | $220.0M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.60 | +0.003% | $479.1M | $441.1M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.62 | +0.015% | — | $365.8M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.62 | +0.016% | $23.4M | $38.4M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.52 | −0.066% | $24.4M | $113.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.60 | −0.005% | $93.6M | $399.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.70 | +0.085% | $47.7M | $30.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.68 | +0.068% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.62 | +0.016% | $1.3M | $12.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.62 | +0.016% | $321K | $2.6M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.64 | +0.033% | $148K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.65 | +0.045% | $25K | $30K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.64 | +0.034% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.65 | +0.042% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.62 | +0.014% | $226.3M | $47.1M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.67 | +0.059% | $45.7M | $102.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.57 | −0.023% | $8.2M | $37.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.65 | +0.043% | — | $231.3M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0120% | 1h | 116.72 | +0.102% | $26.3M | $24.7M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 116.73 | +0.111% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.63 | +0.025% | $6.5M | $13.4M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.59 | −0.007% | $1.1M | $541K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.65 | +0.042% | $51.9M | $67.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0178% | 1h | 116.66 | +0.053% | $3.6M | — | 200x | as long as short |
| Perpl SOLshort | +0.0335% | 43m | 116.67 | +0.058% | $139K | $3.7M | 8.3x | |
| Aftermath Perps SOLUSD | +0.0528% | 1h | 116.70 | +0.082% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.69 | +0.078% | $1.9M | $4.8M | 20x | as long as short |
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDT
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
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC