SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0205%/8h= −22.5% APRnext payment −$2.05 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against KuCoin−0.039%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.282% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 7 days+0.039%+$4 · spread now −0.039%, 7d avg −0.004%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.004%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOLUSDTM	116.84	0.0100	pay 0.0100% / 8h	1h 57m	$129.0M	$232.0M	75x
Short	Bybit SOLUSDT	116.80	−0.0105	pay 0.0105% / 8h	1h 57m	$739.5M	$1.44B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$43.1
Price spread: −0.039% → −0.004%: −$3.48
Slippage, 4 orders: −$5.24
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$74.82
Costs to cover: 0.282%
Break-even: never at this rate

Slippage from KuCoin: live order book, 12 min ago; Bybit: 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 KuCoin live order book, 12 min ago	0.47 bp	7.8 bp −$8	10.1 bp −$101	16.2 bp −$1,624	doesn't fit
Sell Bybit live order book, 2 min ago	0.43 bp	5.9 bp −$6	6.1 bp −$61	9.7 bp −$967	21.8 bp −$10.9K

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
Bybit SOLUSDTshort	−0.0105%	8h	116.80	−0.039%	$739.5M	$1.44B	100x
Hotstuff SOL-PERP	−0.0080%	1h	116.93	+0.075%	$1K	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0080%	1h	116.86	+0.012%	$100K	$681K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.85	+0.006%	$33.0M	$104.0M	100x	as long as short
Vest SOL-PERP	−0.0028%	1h	116.89	+0.041%	—	$625K	20x	as long as short
Derive SOL-PERP	−0.0010%	1h	116.80	−0.039%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.90	+0.047%	$42K	—	150x	as long as short
Lighter RH SOL	0.0000%	1h	116.83	−0.013%	$2.2M	$16.7M	25x	as long as short
dYdX SOL-USD	0.0000%	1h	116.89	+0.036%	$4.3M	$23.8M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.01	+0.141%	$1.5M	$19.4M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	116.94	+0.086%	$110K	$3.6M	8.3x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.86	+0.013%	$100K	$178K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.90	+0.044%	$8.0M	$407.0M	50x	as long as short
Bitget SOLUSDT	+0.0057%	8h	116.78	−0.056%	$481.4M	$461.6M	100x	as long as short
SoDEX SOL-USD	+0.0091%	1h	116.85	+0.004%	$6.1M	$10.9M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0093%	8h	116.86	+0.014%	$1.0M	$6.0M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.87	+0.018%	$13.1M	$60.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.89	+0.038%	$352K	$247K	20x	as long as short
Aster SOLUSDT	+0.0098%	8h	116.80	−0.039%	$176.1M	$176.5M	100x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	116.86	+0.016%	$1.0M	$551K	50x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.79	−0.047%	$64K	$910K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.84	−0.001%	$5.5M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.99	+0.124%	$701.3M	$408.7M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.90	+0.047%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.83	−0.013%	$970.5M	$3.90B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.83	−0.013%	$371.3M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.83	−0.013%	$219K	$888K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.83	−0.014%	$907K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.05	+0.174%	$126.2M	$23.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.86	+0.013%	$848.1M	$661.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.86	+0.013%	$367.7M	$1.07B	300x	as long as short
KuCoin SOLUSDTMlong	+0.0100%	8h	116.84	long leg	$129.0M	$232.0M	75x
BingX SOL-USDC	+0.0100%	8h	116.83	−0.015%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.84	−0.004%	$23.1M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.86	+0.016%	$24.7M	$113.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.81	−0.033%	$93.8M	$409.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.91	+0.058%	$47.8M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.95	+0.090%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.99	+0.124%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.94	+0.081%	$316K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.92	+0.061%	$236K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.90	+0.045%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.00	+0.130%	$190K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.85	0.000%	$226.3M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.86	+0.013%	$45.4M	$105.5M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0101%	1h	116.93	+0.071%	$26.5M	$22.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.76	−0.071%	$8.1M	$39.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.87	+0.022%	—	$238.8M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	117.09	+0.210%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	117.01	+0.141%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0194%	1h	116.88	+0.031%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.82	−0.021%	$52.1M	$68.5M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.91	+0.056%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.90	+0.044%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0491%	1h	116.97	+0.103%	$25K	$56K	20x	as long as short