Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.066%
Price spread now: Bluefin against Kalshi−0.016%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.595%−$59 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.595%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP117.540get 0.0000% / 8h2h 16m$1.4M$20.8M3.1x
ShortBluefin SOL-PERP117.520.0100get 0.0013% / 1h16m 17s$37K$16K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Kalshi. 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

Funding earned
$21
Price spread: −0.016% → 0.000%
−$1.62
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
$2.38
Costs to cover
0.170%
Break-even
6.2 days
Slippage unknown: Kalshi: live order book, 3 min ago; Bluefin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 3 min ago1.40 bp7.5 bp −$711.3 bp −$11317.2 bp −$1,721doesn't fit
Sell Bluefin no order-book sample
Bluefin: 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 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h117.63+0.072%$920$8K25xas long as short
Vest SOL-PERP−0.0064%1h117.52−0.019%$607K20xas long as short
Derive SOL-PERP−0.0027%1h117.45−0.074%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.54+0.003%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.51−0.028%$4.5M$24.2M20xas long as short
Kalshi KXSOLPERPlong0.0000%8h117.54long leg$1.4M$20.8M3.1x
Hibachi SOL/USDT-P+0.0008%1h117.62+0.065%$100K$691K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0010%1h117.55+0.011%$26.4M$25.6M50xas long as short
RISEx SOL/USDC+0.0018%1h117.55+0.010%$2.0M$4.8M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.50−0.033%$31.5M$99.0M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOL_USDT+0.0052%8h117.55+0.009%$850.3M$664.3M100xas long as short
ApeX Omni SOLUSDT+0.0055%1h117.69+0.128%$1.5M$6.0M50xas long as short
HTX SOL-USDT+0.0063%8h117.47−0.056%$228.3M$45.6M75xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.53−0.005%$8.0M$408.5M50xas long as short
BingX SOL-USDT+0.0080%8h117.54+0.001%$369.9Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.53−0.008%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.52−0.015%$13.1M$60.2M25xas long as short
Lighter RH SOL+0.0096%1h117.50−0.032%$2.1M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.57+0.026%$103K$158K20xas long as short
Aevo SOL-PERP+0.0096%1h117.53−0.006%$344K$258K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.52−0.020%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.50−0.034%$64K$855K20xas long as short
Nado SOL-PERP+0.0100%1h117.52−0.017%$5.8M$41.5M40xas long as short
Aster SOLUSDT+0.0100%8h117.55+0.007%$176.4M$179.8M100xas long as short
Pacifica SOL+0.0100%1h117.54−0.004%$14.4M$128.1M20xas long as short
Binance SOLUSDT+0.0100%8h117.53−0.009%$968.3M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h117.53−0.005%$819.2M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.51−0.026%$365.6M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.51−0.026%$238K$890K10xas long as short
Arcus SOL-USD+0.0100%1h117.55+0.005%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.53−0.012%$134.5M$13.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.51−0.026%$426.2M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.52−0.014%$130.4M$210.9M75xas long as short
Bitget SOLUSDT+0.0100%8h117.50−0.036%$487.1M$441.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.58+0.034%$23.7M$37.7M50xas long as short
Variational Omni SOL+0.0100%8h117.74+0.173%$24.4M$122.5Mas long as short
edgeX SOLUSDC+0.0100%4h117.63+0.080%$94.5M$405.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.76+0.186%$48.2M$28.6M20xas long as short
StandX SOL-USD+0.0100%1h117.540.000%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.55+0.009%$353K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.56+0.016%$200K$1.7M20xas long as short
Bluefin SOL-PERPshort+0.0100%1h117.52−0.016%$37K$16K25x
SunX SOL-USDT+0.0100%8h117.55+0.006%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.51−0.026%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.55+0.009%$45.8M$101.4M50xas long as short
Phoenix SOL+0.0101%1h117.76+0.187%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.49−0.041%$8.1M$36.2M50xas long as short
Hyperliquid SOL+0.0106%1h117.68+0.119%$719.8M$400.7M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.540.000%$225.5M500xas long as short
Reya SOLRUSDPERP+0.0189%1h117.55+0.005%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87+0.281%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h117.53−0.005%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0341%1h117.73+0.163%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.57+0.029%$129K$3.9M8.3xas long as short