Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: Kalshi against Extended+0.390%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs+$8as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days−0.338%−$34 · spread now +0.390%, 7d avg +0.073%
=Together, before fees−0.385%+ Points / potential airdropExtended: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.317% dearer against Extended than usual: you sell high and buy low (spread +0.390% now, against its 7-day average of +0.073%): +$32 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.047% in total) that is about 47 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOL-USD | 117.60 | 0.0104 | pay 0.0013% / 1h | 42m 24s | $8.2M | $35.9M | 50x |
| Short | Kalshi KXSOLPERP | 118.05 | 0 | get 0.0000% / 8h | 2h 42m | $1.5M | $21.4M | 3.1x |
Extended SOL-USD
Kalshi KXSOLPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Extended. 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
- −$21.84
- Price spread: +0.390% → +0.073%
- $31.66
- Slippage, 4 orders
- −$8.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$13.55
- Costs to cover
- 0.234%
- Break-even
- from the start
Slippage from Extended: live order book, 2 min ago; Kalshi: live order book, 2 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 Extended live order book, 2 min ago | 0.42 bp | 2.9 bp −$3 | 3.1 bp −$31 | 8.2 bp −$815 | doesn't fit |
| Sell Kalshi live order book, 2 min ago | 2.16 bp | 8.8 bp −$9 | 11.1 bp −$111 | 18.6 bp −$1,865 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | −0.0171% | 1h | 118.09 | +0.420% | $1.5M | $6.1M | 50x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.65 | +0.045% | $920 | $8K | 25x | as long as short |
| Hibachi SOL/USDT-P | −0.0080% | 1h | 117.98 | +0.330% | $92K | $707K | 20x | as long as short |
| Vest SOL-PERP | −0.0077% | 1h | 117.64 | +0.036% | — | $610K | 20x | as long as short |
| HTX SOL-USDT | −0.0035% | 8h | 117.86 | +0.226% | $229.2M | $45.1M | 75x | as long as short |
| Derive SOL-PERP | −0.0022% | 1h | 117.53 | −0.059% | $2.0M | $2.7M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.63 | +0.029% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.68 | +0.072% | $4.5M | $25.9M | 20x | as long as short |
| Kalshi KXSOLPERPshort | 0.0000% | 8h | 118.05 | +0.390% | $1.5M | $21.4M | 3.1x | |
| Perpl SOL | 0.0000% | 43m | 117.65 | +0.043% | $128K | $4.0M | 8.3x | as long as short |
ApeX Omni SOLUSDT
Hotstuff SOL-PERP
Hibachi SOL/USDT-P
Vest SOL-PERP
HTX SOL-USDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SOL_USDT | +0.0002% | 8h | 117.63 | +0.029% | $850.3M | $654.4M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0011% | 1h | 117.94 | +0.290% | $26.4M | $25.4M | 50x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.62 | +0.018% | $2.0M | $4.7M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.84 | +0.205% | $31.6M | $98.8M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.92 | +0.274% | $7.9M | $412.1M | 50x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 117.59 | −0.006% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0084% | 8h | 117.61 | +0.009% | $1.1M | $5.9M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 117.67 | +0.063% | $102K | $162K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.62 | +0.021% | $13.0M | $59.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.61 | +0.012% | $2.1M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.60 | +0.003% | $345K | $264K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 117.64 | +0.039% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.60 | +0.003% | $54K | $835K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.63 | +0.024% | $5.7M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.74 | +0.122% | $717.4M | $403.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.61 | +0.012% | $176.6M | $180.6M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.66 | +0.052% | $14.0M | $130.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.63 | +0.029% | $975.9M | $3.82B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.62 | +0.020% | $821.2M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.60 | +0.003% | $368.6M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.64 | +0.037% | $239K | $893K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.66 | +0.056% | $2.0M | $9.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.66 | +0.054% | $421.5M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.66 | +0.055% | $133.5M | $208.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.58 | −0.014% | $488.1M | $444.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.80 | +0.173% | $23.8M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.01 | +0.349% | $24.4M | $129.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.06 | +0.396% | $94.8M | $404.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.90 | +0.257% | $48.3M | $29.5M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.97 | +0.318% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.63 | +0.029% | $361K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.61 | +0.011% | $199K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.58 | −0.015% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.93 | +0.281% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.87 | +0.233% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.88 | +0.241% | $45.9M | $101.7M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.07 | +0.403% | $135.9M | $13.3M | 20x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.96 | +0.309% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USDlong | +0.0104% | 1h | 117.60 | long leg | $8.2M | $35.9M | 50x | |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.66 | +0.051% | — | $228.4M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 117.63 | +0.027% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.04 | +0.377% | $52.1M | $74.3M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 118.20 | +0.513% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0168% | 1h | 117.62 | +0.017% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0309% | 1h | 117.95 | +0.304% | $25K | $51K | 20x | as long as short |
Gate SOL_USDT
Deribit SOL_USDC-PERPETUAL
RISEx SOL/USDC
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDC
Orderly PERP_SOL_USDC
01 Exchange SOLUSD
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
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Phoenix SOL
Jupiter Perps SOL-PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD