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

SOL

all SOL markets
SwapBacktest
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: Kalshi against KuCoin+0.049%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.305% 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−0.028%−$3 · spread now +0.049%, 7d avg +0.018%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.018%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOLUSDTM118.520.0100pay 0.0100% / 8h7h 48m$137.7M$207.1M75x
ShortKalshi KXSOLPERP118.580get 0.0000% / 8h3h 48m$1.2M$20.6M3.1x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against KuCoin. 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: +0.049% → +0.018%
$3.14
Slippage, 4 orders
−$8.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$48.39
Costs to cover
0.305%
Break-even
never at this rate
Slippage from KuCoin: live order book, 11 min ago; Kalshi: live order book, 6 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 KuCoin live order book, 11 min ago0.50 bp7.6 bp −$811.2 bp −$11218.0 bp −$1,802doesn't fit
Sell Kalshi live order book, 6 min ago1.35 bp8.4 bp −$811.6 bp −$11617.3 bp −$1,728doesn'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
ApeX Omni SOLUSDT−0.0116%1h118.53+0.007%$1.5M$6.1M50xas long as short
Hotstuff SOL-PERP−0.0080%1h118.55+0.020%$840$8K25xas long as short
Vest SOL-PERP−0.0078%1h118.51−0.011%$612K20xas long as short
Derive SOL-PERP−0.0062%1h118.45−0.063%$2.0M$2.8M13xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.51−0.008%$32.3M$97.4M100xas long as short
dYdX SOL-USD−0.0009%1h118.60+0.066%$4.8M$27.7M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.55+0.024%$55K150xas long as short
Kalshi KXSOLPERPshort0.0000%8h118.58+0.049%$1.2M$20.6M3.1x
Perpl SOL0.0000%43m118.57+0.040%$158K$3.9M8.3xas long as short
01 Exchange SOLUSD+0.0056%1h118.59+0.057%$103K$158K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0062%1h118.56+0.035%$26.6M$25.2M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h118.58+0.053%$121K$634K20xas long as short
Orderly PERP_SOL_USDC+0.0079%8h118.55+0.019%$1.0M$5.9M100xas long as short
BingX SOL-USDC+0.0080%8h118.50−0.014%$10.5Mas long as short
Gate SOL_USDT+0.0088%8h118.51−0.010%$858.2M$660.4M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.53+0.007%$8.1M$414.1M50xas long as short
Lighter SOL+0.0096%1h118.50−0.015%$14.0M$55.4M25xas long as short
Lighter RH SOL+0.0096%1h118.49−0.024%$2.1M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.54+0.018%$347K$321K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.57+0.044%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.56+0.032%$47K$787K20xas long as short
HTX SOL-USDT+0.0100%8h118.48−0.036%$230.6M$44.7M75xas long as short
Nado SOL-PERP+0.0100%1h118.56+0.028%$5.8M$41.1M40xas long as short
Aster SOLUSDT+0.0100%8h118.53+0.009%$178.1M$177.2M100xas long as short
Pacifica SOL+0.0100%1h118.60+0.067%$12.2M$123.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.52−0.002%$976.3M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h118.54+0.012%$821.6M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.52−0.002%$369.7M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.56+0.032%$232K$871K10xas long as short
Arcus SOL-USD+0.0100%1h118.59+0.054%$1.9M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h118.55+0.024%$133.5M$4.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.52−0.002%$425.8M$1.12B300xas long as short
KuCoin SOLUSDTMlong+0.0100%8h118.52long leg$137.7M$207.1M75x
Bitget SOLUSDT+0.0100%8h118.50−0.019%$491.5M$448.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.52−0.002%$24.1M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h118.57+0.038%$27.0M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.67+0.122%$95.3M$403.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.67+0.125%$48.6M$30.5M20xas long as short
StandX SOL-USD+0.0100%1h118.60+0.066%$1.3M$13.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.54+0.015%$358K$2.5M20xas long as short
Bullet SOL-USD+0.0100%1h118.52+0.001%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.52+0.001%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.57+0.039%$192K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.52−0.002%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.55+0.024%$46.4M$101.6M50xas long as short
Extended SOL-USD+0.0104%1h118.50−0.022%$8.6M$35.9M50xas long as short
Hyperliquid SOL+0.0106%1h118.62+0.083%$718.1M$404.0M20xas long as short
Phoenix SOL+0.0114%1h118.79+0.226%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.56+0.029%$223.3M500xas long as short
Aftermath Perps SOLUSD+0.0130%1h118.64+0.101%$25K$50K20xas long as short
RISEx SOL/USDC+0.0161%1h118.53+0.011%$1.8M$4.7M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0166% / S −0.0066%1h118.53+0.010%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66+0.116%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0185%1h118.54+0.014%$1.1M$529K25xas long as short
BloFin SOL-USDT+0.0220%8h118.53+0.007%$51.9M$79.4M125xas long as short