Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Polymarket Perps+0.087%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days−0.129%−$13 · spread now +0.087%, 7d avg −0.001%

Together, before fees−0.135%−$13 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 0.087% dearer against Polymarket Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SOL-USD	119.07	0.0100	pay 0.0013% / 1h	28m 33s	$358K	$2.4M	20x
Short	KuCoin SOLUSDTM	119.17	0.0100	get 0.0100% / 8h	7h 28m	$138.5M	$202.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Polymarket Perps. 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 Polymarket PerpsbpFee KuCoinbpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → −0.001%: $8.75
Slippage, 4 orders: −$6.25
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$17.5
Costs to cover: 0.262%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 5 min ago; KuCoin: live order book, 6 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 Polymarket Perps live order book, 5 min ago	0.42 bp	4.4 bp −$4	5.3 bp −$53	17.0 bp −$1,704	doesn't fit
Sell KuCoin live order book, 6 min ago	0.38 bp	7.9 bp −$8	11.6 bp −$116	15.2 bp −$1,518	28.2 bp −$14.1K

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	−0.0088%	1h	118.96	−0.094%	$37K	$17K	25x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.14	+0.057%	$845	$8K	25x	as long as short
Vest SOL-PERP	−0.0076%	1h	118.99	−0.069%	—	$608K	20x	as long as short
Derive SOL-PERP	−0.0062%	1h	118.89	−0.154%	$2.0M	$2.7M	13x	as long as short
dYdX SOL-USD	−0.0021%	1h	119.14	+0.060%	$5.0M	$25.7M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	118.98	−0.078%	$32.4M	$96.5M	100x	as long as short
HTX SOL-USDT	−0.0013%	8h	118.91	−0.131%	$231.4M	$44.1M	75x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.98	−0.079%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.00	−0.060%	$1.2M	$20.2M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.98	−0.076%	$154K	$3.8M	8.3x	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	+0.0032%	1h	119.09	+0.017%	$104K	$159K	20x	as long as short
Hibachi SOL/USDT-P	+0.0048%	1h	118.90	−0.141%	$101K	$657K	20x	as long as short
Phemex SOLUSDT	+0.0070%	8h	118.96	−0.092%	$46.6M	$100.1M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.15	+0.066%	—	$366.0M	—	as long as short
Orderly PERP_SOL_USDC	+0.0081%	8h	118.98	−0.077%	$1.0M	$5.9M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0086%	1h	119.02	−0.041%	$26.7M	$24.8M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.97	−0.081%	$8.1M	$410.1M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.12	+0.045%	$14.2M	$55.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.14	+0.059%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.97	−0.088%	$349K	$247K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.18	+0.090%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.06	−0.008%	$45K	$782K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.04	−0.025%	$5.9M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.24	+0.141%	$722.7M	$399.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.12	+0.041%	$179.7M	$176.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.17	+0.080%	$12.2M	$124.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.08	+0.006%	$980.4M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.09	+0.014%	$824.8M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.04	−0.025%	$371.6M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.08	+0.008%	$233K	$834K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.08	+0.007%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.07	0.000%	$136.4M	$9.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	119.15	+0.067%	$854.8M	$665.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.14	+0.059%	$432.3M	$1.13B	300x	as long as short
KuCoin SOLUSDTMshort	+0.0100%	8h	119.17	+0.087%	$138.5M	$202.4M	75x
Bitget SOLUSDT	+0.0100%	8h	119.07	−0.002%	$494.2M	$440.9M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.98	−0.076%	$24.2M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.98	−0.078%	$27.0M	$128.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.98	−0.074%	$95.6M	$405.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.95	−0.101%	$48.7M	$29.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	118.98	−0.071%	$1.5M	$6.1M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	118.92	−0.126%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USDlong	+0.0100%	1h	119.07	long leg	$358K	$2.4M	20x
Bullet SOL-USD	+0.0100%	1h	118.96	−0.095%	$201K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.94	−0.109%	$193K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.96	−0.092%	$6.3M	$10.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.12	+0.046%	$8.6M	$35.2M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.01	−0.050%	$6.5M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.97	−0.084%	—	$219.3M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	119.10	+0.025%	$1.8M	$4.5M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0165% / S −0.0081%	1h	118.97	−0.088%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.01	−0.050%	$4K	$2K	12x	as long as short
Aftermath Perps SOLUSD	+0.0174%	1h	118.97	−0.083%	$25K	$50K	20x	as long as short
Reya SOLRUSDPERP	+0.0186%	1h	119.05	−0.014%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.99	−0.067%	$51.9M	$76.3M	125x	as long as short