Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Binance against Kalshi+0.122%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days−0.153%−$15 · spread now +0.122%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.142% dearer against Kalshi than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXSOLPERP | 117.92 | 0 | get 0.0000% / 8h | 2h 43m | $1.5M | $21.4M | 3.1x |
| Short | Binance SOLUSDT | 118.06 | 0.0100 | get 0.0100% / 8h | 6h 43m | $979.5M | $3.82B | 100x |
Kalshi KXSOLPERP
Binance SOLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kalshi. 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
- Price spread: +0.122% → −0.020%
- $14.18
- Slippage, 4 orders
- −$6
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $9.17
- Costs to cover
- 0.260%
- Break-even
- 3.9 days
Slippage from Kalshi: live order book, 5 min ago; Binance: live order book, 15 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 Kalshi live order book, 5 min ago | 1.01 bp | 7.5 bp −$8 | 11.3 bp −$113 | 18.0 bp −$1,804 | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.42 bp | 5.4 bp −$5 | 5.5 bp −$55 | 9.0 bp −$895 | 19.1 bp −$9,527 |
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 | +0.148% | $1.5M | $6.1M | 50x | as long as short |
| Hibachi SOL/USDT-P | −0.0088% | 1h | 117.92 | +0.008% | $92K | $707K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.92 | −0.001% | $922 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0077% | 1h | 117.88 | −0.027% | — | $610K | 20x | as long as short |
| HTX SOL-USDT | −0.0033% | 8h | 117.97 | +0.043% | $229.4M | $45.0M | 75x | as long as short |
| Derive SOL-PERP | −0.0022% | 1h | 117.97 | +0.043% | $2.0M | $2.7M | 13x | as long as short |
| Gate SOL_USDT | −0.0011% | 8h | 118.02 | +0.088% | $853.2M | $654.1M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.00 | +0.072% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.92 | +0.005% | $4.5M | $25.9M | 20x | as long as short |
| Kalshi KXSOLPERPlong | 0.0000% | 8h | 117.92 | long leg | $1.5M | $21.4M | 3.1x |
ApeX Omni SOLUSDT
Hibachi SOL/USDT-P
Hotstuff SOL-PERP
Vest SOL-PERP
HTX SOL-USDT
Derive SOL-PERP
Gate SOL_USDT
gTrade (Gains Network) SOL/USD
dYdX SOL-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl SOL | 0.0000% | 43m | 117.96 | +0.036% | $128K | $4.0M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.95 | +0.028% | $2.0M | $4.7M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 118.02 | +0.091% | $31.6M | $98.8M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 118.05 | +0.109% | $7.9M | $412.2M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.06 | +0.123% | — | $370.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0084% | 8h | 118.05 | +0.110% | $1.1M | $5.9M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 118.02 | +0.088% | $103K | $162K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.04 | +0.105% | $13.1M | $59.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.03 | +0.092% | $2.2M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.03 | +0.100% | $346K | $264K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 117.89 | −0.023% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.89 | −0.022% | $49K | $829K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.00 | +0.071% | $5.7M | $41.6M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.06 | +0.118% | $177.3M | $180.6M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.94 | +0.019% | $14.0M | $130.7M | 20x | as long as short |
| Binance SOLUSDTshort | +0.0100% | 8h | 118.06 | +0.122% | $979.5M | $3.82B | 100x | |
| Bybit SOLUSDT | +0.0100% | 8h | 118.08 | +0.142% | $824.7M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.07 | +0.131% | $369.6M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.84 | −0.064% | $239K | $895K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.98 | +0.052% | $2.0M | $9.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.02 | +0.088% | $423.7M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.04 | +0.108% | $133.9M | $208.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.05 | +0.113% | $490.0M | $446.5M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.05 | +0.114% | $23.8M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.01 | +0.077% | $24.4M | $129.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.06 | +0.124% | $94.8M | $404.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.16 | +0.206% | $48.4M | $29.7M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.94 | +0.020% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.95 | +0.029% | $358K | $2.3M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.98 | +0.057% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.02 | +0.087% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.99 | +0.060% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.04 | +0.105% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.04 | +0.105% | $46.0M | $101.7M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.07 | +0.131% | $135.9M | $13.3M | 20x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 118.22 | +0.258% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.01 | +0.080% | $8.2M | $35.9M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0106% | 1h | 118.09 | +0.146% | $26.4M | $25.4M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.90 | −0.018% | — | $228.3M | 500x | as long as short |
| Hyperliquid SOL | +0.0112% | 1h | 118.15 | +0.198% | $720.0M | $403.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 117.93 | +0.010% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.04 | +0.105% | $52.1M | $74.3M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 118.20 | +0.241% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0167% | 1h | 117.99 | +0.063% | $3.7M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0311% | 1h | 118.03 | +0.100% | $25K | $51K | 20x | as long as short |
Perpl SOL
RISEx SOL/USDC
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
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
Aster SOLUSDT
Pacifica SOL
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
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Jupiter Perps SOL-PERP
Hyperliquid SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD