Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h −0.055%

Price spread now: KuCoin against Aftermath Perps−0.179%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. KuCoin is 0.179% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.179% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 10 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SOLUSD	119.36	0.0042	pay 0.0005% / 1h	6m 06s	$24K	$47K	20x
Short	KuCoin SOLUSDTM	119.15	0.0100	get 0.0100% / 8h	2h 06m	$140.2M	$198.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aftermath Perps. 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 Aftermath PerpsbpFee KuCoinbpOrdersPrice spread, now −0.179%Rate

Funding earned: $12.08
Price spread: −0.179% → 0.000%: −$17.92
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$26.83
Costs to cover: 0.210%
Break-even: 22.5 days

Slippage unknown: Aftermath Perps: no order-book sample; KuCoin: live order book, 3 min ago. Net counts fees only.

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 3 min ago	0.42 bp	7.4 bp −$7	9.4 bp −$94	13.6 bp −$1,364	doesn't fit

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective SOL/USDC PERP	−0.0151%	1h	119.41	+0.040%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.16	−0.170%	$845	$8K	25x	as long as short
Vest SOL-PERP	−0.0070%	1h	119.12	−0.199%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0056%	1h	119.07	−0.243%	$2.0M	$3.1M	13x	as long as short
dYdX SOL-USD	−0.0007%	1h	119.19	−0.146%	$4.9M	$27.1M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.17	−0.157%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.23	−0.111%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.20	−0.132%	$178K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.22	−0.122%	$26.7M	$27.7M	50x	as long as short
Aftermath Perps SOLUSDlong	+0.0042%	1h	119.36	long leg	$24K	$47K	20x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0057%	8h	119.19	−0.145%	$232.2M	$44.7M	75x	as long as short
Orderly PERP_SOL_USDC	+0.0062%	8h	119.17	−0.160%	$1.1M	$5.9M	100x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.25	−0.092%	$120K	$633K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.17	−0.161%	$103K	$152K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.14	−0.187%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.12	−0.203%	$869.9M	$689.4M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.14	−0.182%	$13.6M	$55.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.13	−0.195%	$2.1M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.14	−0.187%	$354K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.14	−0.188%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.18	−0.152%	$49K	$785K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.14	−0.185%	$6.3M	$42.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.24	−0.102%	$719.3M	$413.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.13	−0.194%	$178.7M	$176.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.21	−0.131%	$12.4M	$115.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.13	−0.194%	$976.3M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.15	−0.177%	$823.9M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.13	−0.194%	$371.2M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.13	−0.194%	$233K	$874K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.21	−0.127%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.25	−0.094%	$133.7M	$10.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.14	−0.186%	$445.3M	$1.13B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	119.15	−0.179%	$140.2M	$198.4M	75x
Bitget SOLUSDT	+0.0100%	8h	119.14	−0.190%	$497.0M	$453.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.15	−0.177%	$24.3M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.41	+0.042%	$27.4M	$127.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.32	−0.039%	$95.8M	$397.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.29	−0.057%	$48.8M	$33.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.29	−0.060%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.30	−0.052%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.15	−0.177%	$364K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.15	−0.177%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.17	−0.159%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.17	−0.157%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.15	−0.177%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.15	−0.177%	$46.5M	$101.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.13	−0.194%	$8.7M	$36.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.19	−0.146%	$8.2M	$416.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.18	−0.157%	—	$221.8M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.34	−0.018%	$6.6M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0089%	1h	119.17	−0.162%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.19	−0.145%	$1.6M	$6.0M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.13	−0.193%	$1.1M	$558K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.15	−0.177%	$52.0M	$86.7M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.16	−0.166%	$35.4M	$91.3M	100x	as long as short