Funding arb · Price arb /

SOL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: KuCoin against Extended+0.146%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

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

costs, in and out, $10k−$210.211% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 7 days−0.114%−$11 · spread now +0.146%, 7d avg +0.057%

Together, before fees−0.204%+ Points / potential airdropExtended: Active · farm board−$20 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: KuCoin is 0.089% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SOL-USD	116.27	0.0104	pay 0.0013% / 1h	22m 20s	$8.2M	$37.7M	50x
Short	KuCoin SOLUSDTM	116.44	0.0100	get 0.0100% / 8h	3h 22m	$129.0M	$223.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.146%Rate

Funding earned: −$0.84
Price spread: +0.146% → +0.057%: $8.94
Slippage, 4 orders: −$4.1
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$13
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; KuCoin: 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	0.43 bp	2.9 bp −$3	2.9 bp −$29	5.3 bp −$529	doesn't fit
Sell KuCoin live order book, 2 min ago	0.04 bp	8.6 bp −$9	11.6 bp −$116	17.3 bp −$1,733	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
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.46	+0.162%	$30.9M	$101.2M	100x	as long as short
Hibachi SOL/USDT-P	−0.0192%	1h	116.46	+0.164%	$104K	$703K	20x	as long as short
Vest SOL-PERP	−0.0099%	1h	116.38	+0.093%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.36	+0.075%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0024%	8h	116.38	+0.097%	$755.9M	$1.39B	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.50	+0.199%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.52	+0.214%	$1.4M	$19.0M	3.1x	as long as short
dYdX SOL-USD	+0.0014%	1h	116.37	+0.087%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0032%	1h	116.41	+0.125%	$1.9M	$2.9M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.47	+0.175%	$7.6M	$404.5M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0064%	1h	116.36	+0.079%	$99K	$174K	20x	as long as short
Bullet SOL-USD	+0.0075%	1h	116.45	+0.159%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0094%	8h	116.47	+0.173%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.35	+0.071%	$13.1M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.33	+0.053%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.45	+0.153%	$350K	$247K	20x	as long as short
Bitget SOLUSDT	+0.0097%	8h	116.42	+0.132%	$480.7M	$445.6M	100x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.30	+0.028%	$61K	$896K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.36	+0.081%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.35	+0.069%	$5.4M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.57	+0.260%	$702.6M	$394.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.46	+0.164%	$174.4M	$183.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.38	+0.095%	$15.8M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.46	+0.165%	$971.6M	$3.82B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.47	+0.174%	$366.9M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.29	+0.019%	$229K	$835K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.35	+0.074%	$920K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	+0.159%	$133.0M	$16.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.39	+0.105%	$850.6M	$664.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.45	+0.157%	$363.8M	$1.08B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	116.44	+0.146%	$129.0M	$223.5M	75x
BingX SOL-USDC	+0.0100%	8h	116.44	+0.146%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.45	+0.157%	$23.0M	$40.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.40	+0.117%	$24.4M	$113.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.61	+0.297%	$93.6M	$400.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.45	+0.157%	$47.6M	$30.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.64	+0.320%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.51	+0.208%	$1.3M	$12.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.44	+0.148%	$320K	$2.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.46	+0.166%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.47	+0.175%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.46	+0.165%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.45	+0.159%	$225.7M	$48.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.50	+0.200%	$45.5M	$103.2M	50x	as long as short
Extended SOL-USDlong	+0.0104%	1h	116.27	long leg	$8.2M	$37.7M	50x
Injective SOL/USDC PERP	+0.0107%	1h	116.70	+0.372%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.41	+0.125%	—	$231.7M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.64	+0.320%	$6.5M	$13.8M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0161%	1h	116.54	+0.236%	$26.3M	$23.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.41	+0.125%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.45	+0.157%	$51.9M	$67.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.47	+0.177%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.46	+0.164%	$139K	$3.7M	8.3x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.39	+0.103%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0568%	1h	116.59	+0.281%	$25K	$51K	20x	as long as short