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 +0.008%

Price spread now: KuCoin against OKX−0.008%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.008%, 7d avg +0.016%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.023% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOL-USDT-SWAP	117.55	0.0100	pay 0.0100% / 8h	6h 15m	$365.6M	$1.67B	100x
Short	KuCoin SOLUSDTM	117.54	0.0100	get 0.0100% / 8h	6h 15m	$130.4M	$210.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → +0.016%: −$2.32
Slippage, 4 orders: −$6.61
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$30.93
Costs to cover: 0.286%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 3 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 OKX live order book, 3 min ago	0.43 bp	5.4 bp −$5	5.7 bp −$57	9.8 bp −$977	19.5 bp −$9,730
Sell KuCoin live order book, 3 min ago	0.04 bp	9.5 bp −$9	12.0 bp −$120	19.8 bp −$1,983	doesn't fit

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	117.63	+0.064%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0064%	1h	117.52	−0.027%	—	$607K	20x	as long as short
Derive SOL-PERP	−0.0027%	1h	117.45	−0.082%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.54	−0.006%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.57	+0.014%	$4.5M	$24.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.54	−0.009%	$1.4M	$20.8M	3.1x	as long as short
Hibachi SOL/USDT-P	+0.0008%	1h	117.62	+0.057%	$100K	$691K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0010%	1h	117.55	+0.003%	$26.4M	$25.6M	50x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.56	+0.008%	$1.9M	$4.8M	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.50	−0.042%	$31.5M	$99.0M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SOL_USDT	+0.0052%	8h	117.49	−0.051%	$849.6M	$664.4M	100x	as long as short
ApeX Omni SOLUSDT	+0.0055%	1h	117.69	+0.119%	$1.5M	$6.0M	50x	as long as short
HTX SOL-USDT	+0.0063%	8h	117.47	−0.064%	$228.3M	$45.6M	75x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.53	−0.014%	$8.0M	$408.5M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.48	−0.058%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.53	−0.016%	$1.1M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.52	−0.026%	$13.1M	$60.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.51	−0.034%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.57	+0.017%	$103K	$158K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.53	−0.015%	$344K	$258K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.56	+0.005%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.50	−0.043%	$64K	$855K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.52	−0.026%	$5.8M	$41.5M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.53	−0.017%	$176.4M	$179.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.56	+0.010%	$14.4M	$128.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.53	−0.017%	$968.3M	$3.80B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.55	0.000%	$819.5M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAPlong	+0.0100%	8h	117.55	long leg	$365.6M	$1.67B	100x
Ondo Perps SOL-USD.P	+0.0100%	1h	117.51	−0.034%	$238K	$890K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.55	−0.004%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.53	−0.021%	$134.5M	$13.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.53	−0.017%	$426.5M	$1.11B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	117.54	−0.008%	$130.4M	$210.9M	75x
Bitget SOLUSDT	+0.0100%	8h	117.52	−0.027%	$487.1M	$441.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.53	−0.017%	$23.7M	$37.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.52	−0.023%	$24.3M	$121.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.63	+0.071%	$94.5M	$405.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.76	+0.178%	$48.2M	$28.6M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.54	−0.009%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.55	0.000%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.56	+0.008%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.52	−0.025%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.55	−0.003%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.51	−0.034%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.55	0.000%	$45.8M	$101.4M	50x	as long as short
Phoenix SOL	+0.0101%	1h	117.76	+0.179%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.46	−0.075%	$8.1M	$36.2M	50x	as long as short
Hyperliquid SOL	+0.0107%	1h	117.64	+0.077%	$719.5M	$400.7M	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.54	−0.009%	—	$225.5M	500x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.55	−0.004%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.87	+0.272%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0174%	1h	117.53	−0.014%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0341%	1h	117.73	+0.154%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.57	+0.020%	$129K	$3.9M	8.3x	as long as short