Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Ondo Perps against KuCoin−0.014%7-day average −0.003% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$9 on $10k

Price spread, last 7 days−0.322%−$32 · spread now −0.014%, 7d avg −0.003%

Together, before fees−0.237%+ Points / potential airdropOndo Perps: Active · farm board−$24 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOLUSDTM	116.28	0.0100	pay 0.0100% / 8h	7h 41m	$129.7M	$237.2M	75x
Short	Ondo Perps SOL-USD.P	116.26	0.0100	get 0.0013% / 1h	41m 01s	$218K	$844K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.003%: −$1.1
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$18.1
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 8 min ago; Ondo Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 8 min ago	0.56 bp	8.9 bp −$9	11.2 bp −$112	17.9 bp −$1,788	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SOL-PERP	−0.0080%	1h	116.51	+0.199%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	116.30	+0.023%	$32.3M	$106.0M	100x	as long as short
Vest SOL-PERP	−0.0004%	1h	116.28	+0.003%	—	$636K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.26	−0.012%	$42K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.35	+0.064%	$4.3M	$23.3M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.31	+0.027%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.32	+0.039%	$103K	$3.4M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	116.33	+0.045%	$26.2M	$21.7M	50x	as long as short
Derive SOL-PERP	+0.0007%	1h	116.19	−0.073%	$1.8M	$2.9M	13x	as long as short
Bitget SOLUSDT	+0.0025%	8h	116.27	−0.009%	$479.7M	$452.7M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOLUSDT	+0.0025%	8h	116.28	+0.003%	$731.0M	$1.40B	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.30	+0.019%	$7.8M	$393.7M	50x	as long as short
Aster SOLUSDT	+0.0053%	8h	116.28	+0.003%	$176.9M	$169.7M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0069%	8h	116.28	+0.001%	$1.0M	$5.9M	100x	as long as short
SoDEX SOL-USD	+0.0091%	1h	116.26	−0.014%	$6.1M	$11.0M	20x	as long as short
Lighter SOL	+0.0096%	1h	116.27	−0.005%	$13.1M	$55.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.24	−0.031%	$2.2M	$14.8M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	116.42	+0.123%	$100K	$683K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.26	−0.011%	$351K	$255K	20x	as long as short
Paradex SOL-USD-PERP	+0.0097%	8h	116.27	−0.002%	$1.0M	$554K	50x	as long as short
Phemex SOLUSDT	+0.0098%	8h	116.29	+0.012%	$45.2M	$103.5M	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.25	−0.022%	$64K	$901K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.27	−0.005%	$5.4M	$41.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.36	+0.072%	$695.0M	$407.6M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.32	+0.040%	$15.7M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.28	+0.003%	$961.3M	$3.83B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.28	+0.003%	$365.9M	$1.74B	100x	as long as short
Ondo Perps SOL-USD.Pshort	+0.0100%	1h	116.26	−0.014%	$218K	$844K	10x
Arcus SOL-USD	+0.0100%	1h	116.29	+0.011%	$918K	$8.4M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.31	+0.029%	$848.1M	$609.6M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.28	+0.003%	$373.6M	$1.05B	300x	as long as short
KuCoin SOLUSDTMlong	+0.0100%	8h	116.28	long leg	$129.7M	$237.2M	75x
BingX SOL-USDT	+0.0100%	8h	116.28	+0.005%	—	$372.2M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.28	+0.003%	$22.9M	$36.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.47	+0.163%	$24.9M	$105.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.47	+0.165%	$93.5M	$405.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.40	+0.106%	$47.6M	$28.5M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.50	+0.197%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.40	+0.107%	$1.3M	$11.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.30	+0.021%	$318K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.29	+0.010%	$283K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.26	−0.013%	$189K	$1.7M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.35	+0.060%	$225.3M	$50.5M	75x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	+0.150%	$126.0M	$25.6M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.24	−0.030%	$8.3M	$36.5M	50x	as long as short
01 Exchange SOLUSD	+0.0112%	1h	116.31	+0.029%	$101K	$182K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.34	+0.051%	—	$231.0M	500x	as long as short
Phoenix SOL	+0.0124%	1h	116.60	+0.279%	$6.5M	$13.4M	25x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	+0.055%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0197%	1h	116.24	−0.028%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.26	−0.014%	$51.9M	$64.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.40	+0.106%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0412%	1h	116.41	+0.118%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	116.32	+0.036%	$2.1M	$4.8M	20x	as long as short
Bluefin SOL-PERP	+0.1035%	1h	116.29	+0.009%	$27K	$37K	25x	as long as short