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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:55 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: Perpl against KuCoin−0.071%7-day average −0.026% · 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−0.241%−$24 on $10k
Price spread, last 7 days+0.094%+$9 · spread now −0.071%, 7d avg −0.026%
Together, before fees−0.148%+ Points / potential airdropPerpl: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Perpl is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOLUSDTM118.040.0100pay 0.0100% / 8h6h 43m$133.9M$208.1M75x
ShortPerpl SOL117.960get 0.0000% / 43m5m 53s$128K$4.0M8.3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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

Funding earned
−$21
Price spread: −0.071% → −0.026%
−$4.54
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$51.34
Costs to cover
0.258%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Perpl: 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 KuCoin live order book, 10 min ago0.42 bp6.9 bp −$710.4 bp −$10415.8 bp −$1,578doesn't fit
Sell Perpl no order-book sample
Perpl: 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
ApeX Omni SOLUSDT−0.0171%1h118.09+0.040%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h117.92−0.100%$92K$707K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.92−0.108%$922$8K25xas long as short
Vest SOL-PERP−0.0077%1h117.88−0.134%$610K20xas long as short
HTX SOL-USDT−0.0033%8h117.97−0.065%$229.4M$45.0M75xas long as short
Derive SOL-PERP−0.0022%1h117.97−0.065%$2.0M$2.7M13xas long as short
Gate SOL_USDT−0.0011%8h118.02−0.019%$853.2M$654.1M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.00−0.036%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.92−0.102%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.92−0.108%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOLshort0.0000%43m117.96−0.071%$128K$4.0M8.3x
RISEx SOL/USDC+0.0018%1h117.95−0.079%$2.0M$4.7M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.02−0.016%$31.6M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.05+0.002%$7.9M$412.2M50xas long as short
BingX SOL-USDT+0.0080%8h118.06+0.015%$370.6Mas long as short
Orderly PERP_SOL_USDC+0.0084%8h118.05+0.003%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0088%1h118.02−0.019%$103K$162K20xas long as short
Lighter SOL+0.0096%1h118.04−0.003%$13.1M$59.1M25xas long as short
Lighter RH SOL+0.0096%1h118.03−0.015%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h118.03−0.008%$346K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.89−0.130%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.89−0.130%$49K$829K20xas long as short
Nado SOL-PERP+0.0100%1h118.00−0.036%$5.7M$41.6M40xas long as short
Aster SOLUSDT+0.0100%8h118.06+0.010%$177.3M$180.6M100xas long as short
Pacifica SOL+0.0100%1h117.94−0.089%$14.0M$130.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.06+0.014%$979.5M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.08+0.034%$824.7M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.07+0.023%$369.6M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.84−0.172%$239K$895K10xas long as short
Arcus SOL-USD+0.0100%1h117.98−0.056%$2.0M$9.0M20xas long as short
MEXC SOL_USDT+0.0100%8h118.02−0.019%$423.7M$1.10B300xas long as short
KuCoin SOLUSDTMlong+0.0100%8h118.04long leg$133.9M$208.1M75x
Bitget SOLUSDT+0.0100%8h118.05+0.005%$490.0M$446.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.05+0.006%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h118.01−0.031%$24.4M$129.7Mas long as short
edgeX SOLUSDC+0.0100%4h118.06+0.016%$94.8M$404.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.16+0.098%$48.4M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.94−0.087%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.95−0.079%$358K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h117.98−0.051%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.02−0.020%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.99−0.047%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.04−0.003%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.04−0.003%$46.0M$101.7M50xas long as short
Bulk SOL-USD+0.0100%1h118.07+0.023%$135.9M$13.3M20xas long as short
Phoenix SOL+0.0101%1h118.22+0.150%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.01−0.028%$8.2M$35.9M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0106%1h118.09+0.038%$26.4M$25.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.90−0.125%$228.3M500xas long as short
Hyperliquid SOL+0.0112%1h118.15+0.091%$720.0M$403.1M20xas long as short
Reya SOLRUSDPERP+0.0188%1h117.93−0.097%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.04−0.003%$52.1M$74.3M125xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.133%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h117.99−0.044%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0311%1h118.03−0.008%$25K$51K20xas long as short