Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: KuCoin against Paradex−0.036%7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Paradex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.003%$0 on $10k

Price spread, last 7 days−0.047%−$5 · spread now −0.036%, 7d avg +0.028%

Together, before fees−0.044%+ Points / potential airdropParadex: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.064% cheaper against Paradex than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SOL-USD-PERP	116.98	0.0100	pay 0.0100% / 8h	3h 46m	$1.0M	$551K	50x
Short	KuCoin SOLUSDTM	116.94	0.0100	get 0.0100% / 8h	3h 46m	$129.4M	$222.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Paradex. 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 ParadexbpFee KuCoinbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0.04
Price spread: −0.036% → +0.028%: −$6.44
Slippage, 4 orders: −$7.72
Fee Paradex: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$30.12
Costs to cover: 0.237%
Break-even: 5779.6 days

Slippage from Paradex: live order book, 3 min ago; KuCoin: live order book, 3 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 Paradex live order book, 3 min ago	1.33 bp	3.3 bp −$3	8.6 bp −$86	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	0.60 bp	9.1 bp −$9	12.1 bp −$121	20.3 bp −$2,030	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
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.87	−0.098%	$31.1M	$100.7M	100x	as long as short
Hibachi SOL/USDT-P	−0.0160%	1h	116.83	−0.134%	$103K	$699K	20x	as long as short
Vest SOL-PERP	−0.0090%	1h	116.82	−0.144%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.94	−0.036%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.90	−0.072%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.92	−0.057%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0003%	1h	116.94	−0.039%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0044%	1h	116.84	−0.126%	$1.9M	$2.8M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.85	−0.113%	$7.5M	$405.0M	50x	as long as short
Bybit SOLUSDT	+0.0082%	8h	116.93	−0.046%	$769.5M	$1.37B	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0088%	1h	117.04	+0.048%	$100K	$174K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0093%	8h	116.91	−0.060%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.94	−0.034%	$13.0M	$59.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.94	−0.037%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.88	−0.092%	$348K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.87	−0.098%	$50K	$882K	20x	as long as short
Paradex SOL-USD-PERPlong	+0.0100%	8h	116.98	long leg	$1.0M	$551K	50x
Nado SOL-PERP	+0.0100%	1h	116.92	−0.057%	$5.4M	$40.1M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.04	+0.051%	$706.5M	$394.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.97	−0.012%	$175.1M	$183.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.97	−0.013%	$15.8M	$130.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.03	+0.039%	$977.6M	$3.81B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.01	+0.022%	$368.1M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.74	−0.209%	$230K	$840K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.95	−0.027%	$923K	$8.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.92	−0.055%	$853.0M	$658.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.94	−0.038%	$367.4M	$1.07B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	116.94	−0.036%	$129.4M	$222.5M	75x
Bitget SOLUSDT	+0.0100%	8h	116.90	−0.070%	$481.7M	$443.7M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.88	−0.087%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.86	−0.106%	$23.1M	$39.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.95	−0.025%	$24.6M	$113.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.72	−0.226%	$93.7M	$399.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.76	−0.192%	$47.7M	$30.6M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.76	−0.188%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.86	−0.106%	$1.3M	$12.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.86	−0.106%	$323K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.86	−0.105%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.90	−0.073%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.89	−0.079%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.87	−0.098%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.85	−0.113%	$226.5M	$47.9M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.89	−0.081%	$45.9M	$102.8M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.90	−0.072%	$134.0M	$22.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.89	−0.078%	$8.3M	$37.5M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.99	+0.005%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.82	−0.137%	—	$231.4M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.88	−0.089%	$6.5M	$13.8M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0166%	1h	116.93	−0.046%	$26.4M	$23.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.83	−0.132%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.86	−0.106%	$51.9M	$67.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.88	−0.088%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0447%	43m	116.94	−0.037%	$138K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0524%	1h	116.92	−0.051%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	117.01	+0.021%	$1.9M	$4.8M	20x	as long as short