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: Kalshi against MEXC+0.099%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

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

Long on MEXC Short on Kalshi

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

The price spread pays, funding is against you. Kalshi is 0.078% dearer against MEXC than usual: you sell high and buy low (spread +0.099% now, against its 7-day average of +0.021%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	117.41	0.0100	pay 0.0100% / 8h	5h 26m	$423.2M	$1.07B	300x
Short	Kalshi KXSOLPERP	117.53	0	get 0.0000% / 8h	1h 26m	$1.4M	$19.3M	3.1x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against MEXC. 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 MEXCbpFee KalshibpOrdersPrice spread, now +0.099%Rate

Funding earned: −$21
Price spread: +0.099% → +0.021%: $7.77
Slippage, 4 orders: −$6.05
Fee MEXC: 1 bp × 2 orders: −$2
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$31.28
Costs to cover: 0.181%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Kalshi: 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 MEXC live order book, 2 min ago	0.43 bp	1.4 bp −$1	1.5 bp −$15	2.9 bp −$292	7.2 bp −$3,622
Sell Kalshi live order book, 2 min ago	1.28 bp	7.5 bp −$7	12.1 bp −$121	18.0 bp −$1,803	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	−0.0132%	1h	117.35	−0.054%	$25K	$28K	25x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.52	+0.094%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0064%	1h	117.36	−0.042%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.33	−0.064%	$31.6M	$98.3M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.27	−0.117%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.35	−0.051%	$57K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.42	+0.005%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERPshort	0.0000%	8h	117.53	+0.099%	$1.4M	$19.3M	3.1x
Deribit SOL_USDC-PERPETUAL	+0.0006%	1h	117.38	−0.024%	$26.4M	$24.9M	50x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	117.42	+0.009%	$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	+0.204%	$105K	$695K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.36	−0.040%	$8.0M	$403.0M	50x	as long as short
BingX SOL-USDC	+0.0070%	8h	117.39	−0.016%	—	$10.5M	—	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	117.35	−0.052%	$1.0M	$5.8M	100x	as long as short
HTX SOL-USDT	+0.0091%	8h	117.32	−0.073%	$228.0M	$45.5M	75x	as long as short
Lighter SOL	+0.0096%	1h	117.35	−0.054%	$13.1M	$59.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.34	−0.058%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.34	−0.057%	$344K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.41	0.000%	$65K	$839K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.47	+0.053%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.44	+0.026%	$5.8M	$39.0M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.42	+0.009%	$176.2M	$179.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.46	+0.043%	$14.5M	$128.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.43	+0.017%	$966.5M	$3.72B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.47	+0.051%	$825.4M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.45	+0.034%	$365.9M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.41	0.000%	$238K	$851K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.42	+0.010%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.44	+0.027%	$135.1M	$16.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.45	+0.034%	$856.4M	$650.7M	100x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	117.41	long leg	$423.2M	$1.07B	300x
KuCoin SOLUSDTM	+0.0100%	8h	117.45	+0.033%	$129.6M	$212.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.43	+0.020%	$486.6M	$431.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.39	−0.017%	$23.6M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.72	+0.265%	$24.4M	$115.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.60	+0.162%	$94.5M	$392.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.57	+0.139%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.76	+0.298%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.63	+0.187%	$1.3M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.38	−0.026%	$354K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.36	−0.043%	$200K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.39	−0.021%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.34	−0.060%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.36	−0.043%	$45.7M	$100.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.39	−0.018%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.41	−0.002%	—	$216.2M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.64	+0.196%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.48	+0.058%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0173%	1h	117.50	+0.077%	$718.7M	$393.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.36	−0.044%	$1.1M	$527K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.49	+0.068%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.34	−0.060%	$51.5M	$71.3M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.44	+0.028%	$127K	$3.8M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.34	−0.057%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0395%	1h	117.52	+0.096%	$25K	$51K	20x	as long as short