Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRnext payment −$2.20 per $10,000 · paid last 24h −0.066%
Price spread now: Kalshi against BloFin+0.039%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 3 days (all we have)+0.039%+$4 · spread now +0.039%, 7d avg −0.006%
=The price spread pays, funding is against you. Kalshi is 0.045% dearer against BloFin than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.006%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.227% in total) that is about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SOL-USDT | 119.02 | 0.0220 | pay 0.0220% / 8h | 7h 04m | $52.1M | $73.8M | 125x |
| Short | Kalshi KXSOLPERP | 119.07 | 0 | get 0.0000% / 8h | 3h 04m | $1.2M | $20.0M | 3.1x |
BloFin SOL-USDT
Kalshi KXSOLPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$46.2
- Price spread: +0.039% → −0.006%
- $4.53
- Slippage, 4 orders
- −$5.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$69.25
- Costs to cover
- 0.276%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Kalshi: live order book, 5 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 BloFin live order book, 5 min ago | 0.42 bp | 6.4 bp −$6 | 6.6 bp −$66 | 8.5 bp −$850 | 16.1 bp −$8,049 |
| Sell Kalshi live order book, 5 min ago | 1.47 bp | 7.2 bp −$7 | 11.1 bp −$111 | 19.0 bp −$1,903 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERP | −0.0082% | 1h | 118.95 | −0.058% | $2.0M | $2.7M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.12 | +0.086% | $932 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0078% | 1h | 119.05 | +0.027% | — | $608K | 20x | as long as short |
| Hibachi SOL/USDT-P | −0.0056% | 1h | 119.05 | +0.022% | $109K | $670K | 20x | as long as short |
| HTX SOL-USDT | −0.0050% | 8h | 118.97 | −0.045% | $231.4M | $43.8M | 75x | as long as short |
| dYdX SOL-USD | −0.0016% | 1h | 119.14 | +0.098% | $4.9M | $25.5M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 119.03 | +0.013% | $32.3M | $97.0M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.13 | +0.089% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERPshort | 0.0000% | 8h | 119.07 | +0.039% | $1.2M | $20.0M | 3.1x | |
| Perpl SOL | 0.0000% | 43m | 119.11 | +0.076% | $124K | $3.9M | 8.3x | as long as short |
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
Hibachi SOL/USDT-P
HTX SOL-USDT
dYdX SOL-USD
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0040% | 1h | 119.15 | +0.109% | $104K | $161K | 20x | as long as short |
| Gate SOL_USDT | +0.0052% | 8h | 119.09 | +0.059% | $855.5M | $674.5M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0057% | 1h | 119.09 | +0.055% | $26.7M | $24.8M | 50x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.08 | +0.052% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0083% | 8h | 119.08 | +0.051% | $1.1M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 119.05 | +0.022% | $8.1M | $409.5M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.13 | +0.096% | $13.4M | $57.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.15 | +0.109% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.03 | +0.004% | $349K | $253K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.18 | +0.132% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.14 | +0.101% | $46K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.13 | +0.089% | $6.2M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.23 | +0.176% | $729.8M | $395.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.10 | +0.067% | $180.0M | $176.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.16 | +0.119% | $12.3M | $125.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.12 | +0.084% | $981.7M | $3.73B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.14 | +0.101% | $828.2M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.06 | +0.034% | $372.2M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.98 | −0.034% | $233K | $829K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.14 | +0.102% | $2.1M | $8.8M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.11 | +0.076% | $431.2M | $1.14B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.12 | +0.083% | $139.0M | $204.0M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.10 | +0.065% | $494.4M | $437.9M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.04 | +0.017% | $24.0M | $36.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.00 | −0.014% | $24.9M | $130.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.17 | +0.129% | $95.7M | $401.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.35 | +0.279% | $48.9M | $29.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.38 | +0.300% | $1.5M | $6.1M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.02 | 0.000% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.12 | +0.084% | $361K | $2.3M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.12 | +0.083% | $203K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.03 | +0.008% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.04 | +0.018% | $193K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.03 | +0.008% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.06 | +0.034% | $46.6M | $99.5M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.24 | +0.181% | $137.6M | $12.7M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.06 | +0.033% | $8.6M | $34.8M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.25 | +0.193% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.04 | +0.019% | — | $225.0M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 119.12 | +0.081% | $1.8M | $4.5M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 119.50 | +0.403% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0187% | 1h | 119.09 | +0.060% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDTlong | +0.0220% | 8h | 119.02 | long leg | $52.1M | $73.8M | 125x | |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0167% | 1h | 119.12 | +0.087% | $3.7M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0244% | 1h | 119.18 | +0.133% | $25K | $51K | 20x | as long as short |
01 Exchange SOLUSD
Gate SOL_USDT
Deribit SOL_USDC-PERPETUAL
BingX SOL-USDC
Orderly PERP_SOL_USDC
Coinbase International SOL-PERP-INTX
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Phoenix SOL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
Injective SOL/USDC PERP
Reya SOLRUSDPERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD