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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.027%
Price spread now: Kalshi against Paradex+0.024%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$710.707% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.079%−$8 on $10k
Price spread, last 7 days−0.086%−$9 · spread now +0.024%, 7d avg +0.045%
Together, before fees−0.166%+ Points / potential airdropParadex: Active · farm board−$17 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: Kalshi is 0.022% cheaper against Paradex than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex SOL-USD-PERP116.820.0100pay 0.0100% / 8h5h 03m$1.0M$516K50x
ShortKalshi KXSOLPERP116.850.0101get 0.0101% / 8h1h 03m$1.4M$18.5M3.1x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against Paradex. 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
$0.22
Price spread: +0.024% → +0.045%
−$2.16
Slippage, 4 orders
−$56.67
Fee Paradex: 2 bp × 2 orders
−$4
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$72.61
Costs to cover
0.707%
Break-even
2318.1 days
Slippage from Paradex: live order book, just now; Kalshi: live order book, 5 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 Paradex live order book, just now25.42 bp27.4 bp −$2787.6 bp −$876doesn't fitdoesn't fit
Sell Kalshi live order book, 5 min ago1.23 bp8.3 bp −$811.5 bp −$11517.7 bp −$1,769doesn'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
Hotstuff SOL-PERP−0.0080%1h116.81−0.011%$913$8K25xas long as short
Vest SOL-PERP−0.0073%1h116.80−0.015%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h116.90+0.066%$31.4M$98.8M100xas long as short
Bluefin SOL-PERP−0.0023%1h116.83+0.009%$25K$28K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.84+0.017%$55K150xas long as short
dYdX SOL-USD0.0000%1h116.80−0.019%$4.5M$24.1M20xas long as short
Derive SOL-PERP+0.0003%1h116.76−0.049%$1.9M$2.8M13xas long as short
Hibachi SOL/USDT-P+0.0024%1h116.88+0.052%$104K$696K20xas long as short
01 Exchange SOLUSD+0.0064%1h116.76−0.052%$99K$167K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.88+0.047%$7.8M$402.5M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0070%1h116.89+0.063%$26.3M$25.1M50xas long as short
Orderly PERP_SOL_USDC+0.0090%8h116.85+0.023%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.59−0.197%$13.0M$60.5M25xas long as short
Lighter RH SOL+0.0096%1h116.51−0.269%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.84+0.015%$342K$227K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.77−0.043%$62K$848K20xas long as short
Paradex SOL-USD-PERPlong+0.0100%8h116.82long leg$1.0M$516K50x
Nado SOL-PERP+0.0100%1h116.77−0.043%$5.8M$39.1M40xas long as short
Aster SOLUSDT+0.0100%8h116.76−0.054%$175.4M$181.5M100xas long as short
Pacifica SOL+0.0100%1h116.90+0.065%$14.4M$128.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.62−0.172%$960.9M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h116.62−0.169%$807.1M$1.30B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.55−0.231%$365.2M$1.64B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.75−0.060%$234K$847K10xas long as short
Arcus SOL-USD+0.0100%1h116.80−0.017%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.86+0.030%$134.6M$18.3M20xas long as short
Gate SOL_USDT+0.0100%8h116.88+0.051%$852.6M$659.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.77−0.043%$419.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.90+0.066%$129.5M$214.3M75xas long as short
Bitget SOLUSDT+0.0100%8h116.49−0.284%$483.3M$435.7M100xas long as short
BingX SOL-USDC+0.0100%8h116.64−0.154%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.86+0.034%$23.5M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.16+0.293%$24.7M$115.3Mas long as short
edgeX SOLUSDC+0.0100%4h117.50+0.585%$94.4M$392.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.66+0.719%$48.2M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.69+0.744%$1.7M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h116.96+0.120%$1.3M$13.2M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.81−0.009%$351K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h116.84+0.020%$199K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h116.85+0.029%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.86+0.034%$6.1M$10.7M20xas long as short
HTX SOL-USDT+0.0100%8h116.84+0.015%$226.9M$45.8M75xas long as short
Phemex SOLUSDT+0.0100%8h116.91+0.077%$45.7M$100.7M50xas long as short
Kalshi KXSOLPERPshort+0.0101%8h116.85+0.024%$1.4M$18.5M3.1x
Extended SOL-USD+0.0104%1h116.78−0.034%$8.1M$36.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.86+0.031%$219.1M500xas long as short
Phoenix SOL+0.0129%1h116.98+0.137%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h116.84+0.013%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0160%1h116.61−0.180%$712.1M$389.7M20xas long as short
Reya SOLRUSDPERP+0.0190%1h116.80−0.016%$1.1M$537K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.56+0.633%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h116.79−0.026%$51.4M$72.0M125xas long as short
Perpl SOL+0.0223%43m116.80−0.017%$129K$3.6M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.83+0.010%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0419%1h117.41+0.503%$25K$50K20xas long as short