Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.003%

Price spread now: KuCoin against 01 Exchange+0.194%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on 01 Exchange Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.194%, 7d avg −0.019%

Together, before fees−0.219%−$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.213% dearer against 01 Exchange than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SOLUSD	116.41	0.0040	pay 0.0005% / 1h	45m 08s	$100K	$176K	20x
Short	KuCoin SOLUSDTM	116.64	0.0100	get 0.0100% / 8h	1h 45m	$129.1M	$232.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against 01 Exchange. 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 01 ExchangebpFee KuCoinbpOrdersPrice spread, now +0.194%Rate

Funding earned: $12.6
Price spread: +0.194% → −0.019%: $21.27
Slippage, 4 orders: −$14.65
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $0.22
Costs to cover: 0.337%
Break-even: 6.9 days

Slippage from 01 Exchange: live order book, 64 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 01 Exchange live order book, 64 min ago	0.86 bp	10.8 bp −$11	12.3 bp −$123	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	0.04 bp	6.1 bp −$6	9.9 bp −$99	20.0 bp −$1,996	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
Hibachi SOL/USDT-P	−0.0112%	1h	116.39	−0.017%	$97K	$687K	20x	as long as short
Bybit SOLUSDT	−0.0111%	8h	116.57	+0.137%	$741.9M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.43	+0.020%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.68	+0.228%	$32.6M	$104.7M	100x	as long as short
Derive SOL-PERP	−0.0053%	1h	116.60	+0.161%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0011%	1h	116.52	+0.096%	—	$628K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.67	+0.223%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.46	+0.040%	$1.5M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.63	+0.187%	$113K	$3.6M	8.3x	as long as short
dYdX SOL-USD	+0.0014%	1h	116.42	+0.009%	$4.3M	$23.8M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SOL	+0.0040%	1h	116.63	+0.186%	$2.2M	$16.8M	25x	as long as short
01 Exchange SOLUSDlong	+0.0040%	1h	116.41	long leg	$100K	$176K	20x
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.66	+0.217%	$8.2M	$405.6M	50x	as long as short
Bitget SOLUSDT	+0.0050%	8h	116.62	+0.177%	$480.3M	$463.0M	100x	as long as short
SoDEX SOL-USD	+0.0066%	1h	116.64	+0.198%	$6.1M	$10.9M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0090%	8h	116.64	+0.201%	$1.0M	$6.0M	100x	as long as short
Aster SOLUSDT	+0.0090%	8h	116.60	+0.163%	$175.8M	$176.3M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.64	+0.199%	$13.1M	$60.4M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.65	+0.205%	$349K	$249K	20x	as long as short
Paradex SOL-USD-PERP	+0.0097%	8h	116.39	−0.016%	$1.0M	$551K	50x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.37	−0.034%	$64K	$908K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.51	+0.084%	$5.5M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.73	+0.275%	$698.4M	$410.2M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.42	+0.007%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.62	+0.184%	$968.9M	$3.90B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.61	+0.172%	$370.9M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.51	+0.086%	$217K	$886K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.41	−0.003%	$903K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	+0.120%	$125.4M	$23.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.64	+0.198%	$845.4M	$665.6M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.65	+0.206%	$361.0M	$1.08B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	116.64	+0.194%	$129.1M	$232.3M	75x
BingX SOL-USDC	+0.0100%	8h	116.58	+0.149%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.65	+0.206%	$23.1M	$38.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.33	−0.065%	$24.8M	$112.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.46	+0.040%	$93.5M	$411.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.44	+0.025%	$47.7M	$31.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.51	+0.086%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.44	+0.026%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.59	+0.155%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.66	+0.215%	$234K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.67	+0.227%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.38	−0.030%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.62	+0.178%	$225.8M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.65	+0.206%	$45.4M	$105.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.62	+0.177%	$8.0M	$39.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.43	+0.018%	—	$235.7M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0139%	1h	116.72	+0.269%	$26.4M	$21.9M	50x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.50	+0.077%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.66	+0.215%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0194%	1h	116.57	+0.138%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.65	+0.206%	$52.4M	$68.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.67	+0.223%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.47	+0.051%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0492%	1h	116.61	+0.173%	$25K	$56K	20x	as long as short