Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Backpack against KuCoin−0.013%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days−0.718%−$72 · spread now −0.013%, 7d avg +0.084%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.096% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOLUSDTM | 119.13 | 0.0100 | pay 0.0100% / 8h | 1h 25m | $140.3M | $201.9M | 75x |
| Short | Backpack SOL_USDC_PERP | 119.11 | 0.0100 | get 0.0013% / 1h | 25m 25s | $24.1M | $38.5M | 50x |
KuCoin SOLUSDTM
Backpack SOL_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against KuCoin. 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
- $0
- Price spread: −0.013% → +0.084%
- −$9.64
- Slippage, 4 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$36.64
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Backpack: live order book, 4 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 KuCoin live order book, 4 min ago | 0.04 bp | 6.7 bp −$7 | 11.4 bp −$114 | 16.7 bp −$1,669 | doesn't fit |
| Sell Backpack live order book, 4 min ago | 0.42 bp | 5.4 bp −$5 | 6.6 bp −$66 | 8.4 bp −$844 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0117% | 1h | 118.34 | −0.661% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0086% | 1h | 119.14 | +0.011% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.13 | +0.006% | $845 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0062% | 1h | 119.20 | +0.062% | — | $722K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0005% / S +0.0004% | 1h | 119.25 | +0.104% | $106K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.13 | +0.007% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.20 | +0.062% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.26 | +0.112% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0032% | 1h | 119.27 | +0.125% | $119K | $611K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.18 | +0.046% | $6.5M | $13.6M | 25x | as long as short |
Bluefin SOL-PERP
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
Hibachi SOL/USDT-P
Phoenix SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 119.23 | +0.091% | $1.1M | $5.9M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0079% | 1h | 119.30 | +0.151% | $24K | $47K | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0080% | 1h | 119.28 | +0.130% | $104K | $154K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.19 | +0.053% | — | $374.5M | — | as long as short |
| HTX SOL-USDT | +0.0083% | 8h | 119.04 | −0.072% | $231.8M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0088% | 8h | 119.11 | −0.013% | $869.6M | $684.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.14 | +0.012% | $13.6M | $55.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.10 | −0.022% | $2.1M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.16 | +0.025% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.07 | −0.048% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.15 | +0.021% | $47K | $796K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.27 | +0.118% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.36 | +0.199% | $718.8M | $417.9M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.17 | +0.036% | $178.4M | $176.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.15 | +0.023% | $12.3M | $117.8M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.28 | +0.130% | $986.3M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.29 | +0.139% | $824.8M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.27 | +0.122% | $370.9M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.31 | +0.155% | $234K | $886K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.25 | +0.102% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.16 | +0.026% | $133.7M | $8.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.12 | −0.004% | $452.0M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTMlong | +0.0100% | 8h | 119.13 | long leg | $140.3M | $201.9M | 75x | |
| Bitget SOLUSDT | +0.0100% | 8h | 119.27 | +0.125% | $495.7M | $455.8M | 100x | as long as short |
| Backpack SOL_USDC_PERPshort | +0.0100% | 1h | 119.11 | −0.013% | $24.1M | $38.5M | 50x | |
| Variational Omni SOL | +0.0100% | 8h | 119.26 | +0.113% | $27.9M | $128.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.21 | +0.071% | $95.7M | $400.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.31 | +0.153% | $48.8M | $31.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.25 | +0.107% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.28 | +0.130% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.28 | +0.130% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.30 | +0.147% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.24 | +0.094% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.12 | −0.004% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.14 | +0.013% | $46.5M | $102.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.17 | +0.041% | $8.7M | $36.3M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.17 | +0.034% | $8.2M | $415.4M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.28 | +0.127% | — | $223.3M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0124% | 1h | 119.25 | +0.108% | $26.7M | $27.6M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.12 | −0.002% | $32.6M | $95.8M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0085% | 1h | 119.25 | +0.104% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.26 | +0.114% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.25 | +0.101% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.38 | +0.214% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.28 | +0.130% | $52.3M | $82.8M | 125x | as long as short |
Orderly PERP_SOL_USDC
Aftermath Perps SOLUSD
01 Exchange SOLUSD
BingX SOL-USDT
HTX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
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
MEXC SOL_USDT
Bitget SOLUSDT
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT