Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC−0.013%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$200.198% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.013%, 7d avg +0.003%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOL_USDT	116.26	0.0100	pay 0.0100% / 8h	5m 08s	$370.6M	$1.07B	300x
Short	KuCoin SOLUSDTM	116.25	0.0100	get 0.0100% / 8h	5m 08s	$129.3M	$236.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → +0.003%: −$1.63
Slippage, 4 orders: −$5.77
Fee MEXC: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$21.4
Costs to cover: 0.198%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; KuCoin: 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 MEXC live order book, 4 min ago	0.43 bp	1.4 bp −$1	1.5 bp −$15	2.9 bp −$294	5.2 bp −$2,617
Sell KuCoin live order book, 4 min ago	0.82 bp	9.1 bp −$9	11.2 bp −$112	20.7 bp −$2,070	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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.28	+0.013%	$32.3M	$106.8M	100x	as long as short
Bybit SOLUSDT	−0.0092%	8h	116.21	−0.040%	$733.2M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.30	+0.034%	$1K	$8K	25x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.34	+0.069%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0027%	1h	116.23	−0.027%	—	$649K	20x	as long as short
Derive SOL-PERP	−0.0008%	1h	116.18	−0.072%	$1.8M	$3.0M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.26	+0.003%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.22	−0.032%	$1.4M	$19.3M	3.1x	as long as short
Hibachi SOL/USDT-P	0.0000%	1h	116.22	−0.032%	$102K	$678K	20x	as long as short
Perpl SOL	0.0000%	43m	116.22	−0.032%	$99K	$3.5M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0005%	1h	116.20	−0.054%	$4.3M	$23.5M	20x	as long as short
Bitget SOLUSDT	+0.0024%	8h	116.25	−0.011%	$479.9M	$455.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.26	−0.001%	$7.8M	$397.2M	50x	as long as short
Aster SOLUSDT	+0.0053%	8h	116.24	−0.017%	$176.7M	$168.5M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0070%	8h	116.25	−0.005%	$1.0M	$6.1M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0076%	1h	116.31	+0.040%	$26.3M	$21.6M	50x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	116.32	+0.052%	$100K	$181K	20x	as long as short
Paradex SOL-USD-PERP	+0.0096%	8h	116.18	−0.073%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.24	−0.015%	$13.1M	$61.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.23	−0.023%	$2.1M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.23	−0.022%	$351K	$256K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.23	−0.026%	$64K	$912K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.15	−0.097%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.36	+0.086%	$696.0M	$408.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.21	−0.046%	$15.7M	$130.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.25	−0.007%	$961.6M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.23	−0.026%	$366.6M	$1.76B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.18	−0.069%	$218K	$854K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.28	+0.016%	$920K	$8.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.25	−0.009%	$125.4M	$25.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.23	−0.026%	$844.6M	$671.2M	100x	as long as short
MEXC SOL_USDTlong	+0.0100%	8h	116.26	long leg	$370.6M	$1.07B	300x
KuCoin SOLUSDTMshort	+0.0100%	8h	116.25	−0.013%	$129.3M	$236.4M	75x
BingX SOL-USDC	+0.0100%	8h	116.21	−0.044%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.27	+0.009%	$22.8M	$35.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.14	−0.104%	$24.8M	$107.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.19	−0.061%	$93.3M	$404.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.22	−0.034%	$47.6M	$29.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.28	+0.017%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.23	−0.026%	$1.3M	$11.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.25	−0.009%	$318K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.26	0.000%	$282K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.27	+0.012%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.23	−0.025%	$189K	$1.7M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.23	−0.026%	$6.1M	$11.0M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.21	−0.040%	$225.0M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.24	−0.017%	$45.2M	$104.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.19	−0.059%	$8.2M	$36.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.17	−0.076%	—	$233.0M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.33	+0.060%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.23	−0.025%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.23	−0.026%	$51.9M	$65.4M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.26	0.000%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0433%	1h	116.27	+0.009%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.34	+0.071%	$2.1M	$4.7M	20x	as long as short