Funding you earn now, next payment 01:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Arcus against Kraken Futures+0.101%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 3 days (all we have)−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)+0.005%+$1 · spread now +0.101%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Arcus is 0.066% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOLUSD | 118.86 | −0.0014 | get 0.0002% / 1h | 33m 06s | $32.4M | $96.5M | 100x |
| Short | Arcus SOL-USD | 118.98 | 0.0100 | get 0.0013% / 1h | 33m 06s | $2.0M | $9.0M | 20x |
Kraken Futures PF_SOLUSD
Arcus SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Kraken Futures. 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
- $23.95
- Price spread: +0.101% → +0.036%
- $6.56
- Slippage, 4 orders
- −$7.15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $8.85
- Costs to cover
- 0.217%
- Break-even
- 4.4 days
Slippage from Kraken Futures: live order book, 1 min ago; Arcus: live order book, 1 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 Kraken Futures live order book, 1 min ago | 0.42 bp | 8.4 bp −$8 | 9.6 bp −$96 | 15.3 bp −$1,535 | 30.3 bp −$15.2K |
| Sell Arcus live order book, 1 min ago | 0.04 bp | 2.4 bp −$2 | 2.9 bp −$29 | 165.2 bp −$16.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0166% | 1h | 118.87 | +0.009% | $37K | $17K | 25x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.99 | +0.111% | $844 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0076% | 1h | 118.89 | +0.027% | — | $608K | 20x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 118.78 | −0.071% | $2.0M | $2.7M | 13x | as long as short |
| HTX SOL-USDT | −0.0050% | 8h | 118.85 | −0.011% | $231.2M | $43.9M | 75x | as long as short |
| dYdX SOL-USD | −0.0019% | 1h | 118.98 | +0.100% | $5.0M | $25.7M | 20x | as long as short |
| Kraken Futures PF_SOLUSDlong | −0.0014% | 1h | 118.86 | long leg | $32.4M | $96.5M | 100x | |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.87 | +0.007% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.00 | +0.119% | $1.2M | $20.3M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.94 | +0.065% | $158K | $3.9M | 8.3x | as long as short |
Bluefin SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
HTX SOL-USDT
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0040% | 1h | 118.95 | +0.075% | $104K | $159K | 20x | as long as short |
| Phemex SOLUSDT | +0.0045% | 8h | 118.88 | +0.016% | $46.6M | $100.5M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0056% | 1h | 119.00 | +0.117% | $101K | $656K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0065% | 1h | 118.91 | +0.044% | $26.6M | $24.8M | 50x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 118.86 | −0.005% | — | $10.5M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0081% | 8h | 118.87 | +0.005% | $1.0M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 118.89 | +0.027% | $8.1M | $410.5M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.85 | −0.010% | $14.2M | $55.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.85 | −0.009% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.86 | −0.003% | $348K | $247K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.00 | +0.119% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.91 | +0.041% | $47K | $778K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.00 | +0.117% | $5.9M | $40.9M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.87 | +0.007% | $179.1M | $176.6M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.04 | +0.149% | $12.2M | $123.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.90 | +0.032% | $978.9M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.92 | +0.051% | $823.5M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.90 | +0.032% | $371.0M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.95 | +0.075% | $233K | $848K | 10x | as long as short |
| Arcus SOL-USDshort | +0.0100% | 1h | 118.98 | +0.101% | $2.0M | $9.0M | 20x | |
| Bulk SOL-USD | +0.0100% | 1h | 118.80 | −0.052% | $134.2M | $6.7M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 118.87 | +0.007% | $859.0M | $664.5M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.88 | +0.016% | $428.2M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.89 | +0.022% | $138.1M | $202.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.88 | +0.017% | $493.5M | $441.3M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.88 | +0.016% | $24.2M | $37.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.01 | +0.122% | $27.0M | $128.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.94 | +0.067% | $95.5M | $404.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.92 | +0.049% | $48.7M | $29.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.01 | +0.124% | $1.5M | $6.1M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.86 | −0.001% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.92 | +0.049% | $359K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.85 | −0.011% | $202K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.92 | +0.050% | $193K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.85 | −0.010% | $6.2M | $10.8M | 20x | as long as short |
| Hyperliquid SOL | +0.0101% | 1h | 118.98 | +0.100% | $721.1M | $399.2M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.83 | −0.030% | $8.7M | $35.2M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.01 | +0.125% | $6.5M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.95 | +0.073% | — | $219.9M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 118.98 | +0.101% | $1.8M | $4.6M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0165% / S −0.0081% | 1h | 118.86 | +0.001% | $3.7M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 118.66 | −0.169% | $4K | $2K | 12x | as long as short |
| Aftermath Perps SOLUSD | +0.0174% | 1h | 118.91 | +0.042% | $25K | $50K | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0186% | 1h | 118.89 | +0.028% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.90 | +0.032% | $51.9M | $77.5M | 125x | as long as short |
01 Exchange SOLUSD
Phemex SOLUSDT
Hibachi SOL/USDT-P
Deribit SOL_USDC-PERPETUAL
BingX SOL-USDC
Orderly PERP_SOL_USDC
Coinbase International SOL-PERP-INTX
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Hyperliquid SOL
Extended SOL-USD
Phoenix SOL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Aftermath Perps SOLUSD
Reya SOLRUSDPERP
BloFin SOL-USDT