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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0173%/8h= +18.9% APRpaid last 24h +0.204%
Price spread now: Injective against Kalshi+0.650%66s7-day average · you sell dearer than you buy
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+0.071%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.650% dearer against Kalshi than usual: you sell high and buy low: +$65 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSOLPERP115.800get 0.0000% / 8h6h 29m$1.5M$19.3M3.1x
ShortInjective SOL/USDC PERP116.550.0173get 0.0022% / 1h29m 21s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$36.32
Price spread: +0.650% → 0.000%
$65.03
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$91.33
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Kalshi: live order book, 5 min ago; Injective: 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, 5 min ago1.21 bp7.6 bp −$812.5 bp −$12517.8 bp −$1,775doesn't fit
Sell Injective no order-book sample
Injective: 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 55 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
Kraken Futures PF_SOLUSD−0.0241%1h115.83+0.031%$31.7M$103.6M100xas long as short
Hibachi SOL/USDT-P−0.0184%1h115.84+0.037%$104K$693K20xas long as short
Bybit SOLUSDT−0.0116%8h115.78−0.014%$740.5M$1.42B100xas long as short
BingX SOL-USDC−0.0116%8h115.80+0.004%$10.6Mas long as short
Vest SOL-PERP−0.0091%1h115.83+0.032%$625K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.16+0.315%$1K$8K25xas long as short
Derive SOL-PERP−0.0073%1h115.73−0.056%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.85+0.047%$41K150xas long as short
Kalshi KXSOLPERPlong0.0000%8h115.80long leg$1.5M$19.3M3.1x
Perpl SOL0.0000%43m115.85+0.047%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0013%1h115.80+0.004%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0016%1h115.83+0.028%$98K$177K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h115.86+0.057%$7.8M$403.4M50xas long as short
Bitget SOLUSDT+0.0068%8h115.80−0.001%$479.3M$455.8M100xas long as short
Bullet SOL-USD+0.0089%1h115.84+0.039%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDC+0.0096%8h115.83+0.027%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h115.77−0.027%$12.9M$60.9M25xas long as short
Lighter RH SOL+0.0096%1h115.75−0.036%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h115.83+0.027%$348K$247K20xas long as short
Aster SOLUSDT+0.0099%8h115.84+0.037%$173.7M$184.6M100xas long as short
Katana Perps SOL-USD+0.0099%8h115.80+0.003%$62K$911K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h115.80+0.005%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h115.81+0.014%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h115.93+0.115%$686.5M$399.8M20xas long as short
Pacifica SOL+0.0100%1h115.81+0.009%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h115.86+0.051%$963.4M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h115.81+0.011%$361.2M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.75−0.041%$215K$870K10xas long as short
Arcus SOL-USD+0.0100%1h115.87+0.066%$913K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.84+0.038%$125.6M$19.8M20xas long as short
Gate SOL_USDT+0.0100%8h115.82+0.020%$840.0M$667.6M100xas long as short
MEXC SOL_USDT+0.0100%8h115.87+0.063%$359.4M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.84+0.035%$124.5M$229.3M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.84+0.037%$22.8M$40.4M50xas long as short
Variational Omni SOL+0.0100%8h115.67−0.112%$24.7M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h115.77−0.019%$92.9M$406.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.76−0.032%$47.4M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h115.81+0.012%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h115.83+0.028%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h115.84+0.037%$318K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h115.82+0.021%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h115.81+0.008%$188K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h115.82+0.020%$6.0M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h115.74−0.047%$224.2M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h115.87+0.063%$45.1M$104.5M50xas long as short
Extended SOL-USD+0.0104%1h115.75−0.037%$7.9M$38.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h115.84+0.034%$239.7M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0159%1h115.87+0.063%$26.2M$21.9M50xas long as short
Injective SOL/USDC PERPshort+0.0173%1h116.55+0.650%$4K$2K12x
Phoenix SOL+0.0179%1h115.87+0.063%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h115.84+0.035%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h115.69−0.092%$51.5M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h115.85+0.047%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h115.90+0.092%$1.9M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0595%1h115.90+0.092%$25K$53K20xas long as short