SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.021%

Price spread now: Deribit against Aevo+0.092%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1351.353% of the position

Long on Aevo Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.092%, 7d avg +0.037%

Together, before fees−0.117%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.055% dearer against Aevo than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.037%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	116.62	0.0096	pay 0.0012% / 1h	54m 03s	$342K	$229K	20x
Short	Deribit SOL_USDC-PERPETUAL	116.73	0.0080	get 0.0010% / 1h	54m 03s	$26.3M	$25.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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 AevobpFee DeribitbpOrdersPrice spread, now +0.092%Rate

Funding earned: −$3.37
Price spread: +0.092% → +0.037%: $5.52
Slippage, 4 orders: −$112.26
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$133.11
Costs to cover: 1.353%
Break-even: never at this rate

Slippage from Aevo: live order book, 5 min ago; Deribit: live order book, 5 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 Aevo live order book, 5 min ago	54.80 bp	62.8 bp −$63	62.8 bp −$628	doesn't fit	doesn't fit
Sell Deribit live order book, 5 min ago	0.30 bp	5.2 bp −$5	5.7 bp −$57	15.0 bp −$1,504	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
ApeX Omni SOLUSDT	−0.0435%	1h	116.33	−0.250%	$1.7M	$6.0M	50x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.67	+0.039%	$912	$8K	25x	as long as short
Vest SOL-PERP	−0.0076%	1h	116.63	+0.011%	—	$602K	20x	as long as short
Hibachi SOL/USDT-P	−0.0008%	1h	116.68	+0.052%	$103K	$700K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.67	+0.044%	$54K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.69	+0.059%	$4.4M	$24.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.68	+0.050%	$1.4M	$18.7M	3.1x	as long as short
Derive SOL-PERP	+0.0012%	1h	116.59	−0.027%	$1.9M	$2.8M	13x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.68	+0.051%	$99K	$168K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.70	+0.067%	$7.6M	$404.3M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.69	+0.063%	$30.8M	$100.0M	100x	as long as short
Deribit SOL_USDC-PERPETUALshort	+0.0080%	1h	116.73	+0.092%	$26.3M	$25.2M	50x
Orderly PERP_SOL_USDC	+0.0091%	8h	116.65	+0.027%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.68	+0.052%	$13.0M	$59.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.67	+0.045%	$2.2M	$16.6M	25x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	116.62	long leg	$342K	$229K	20x
Paradex SOL-USD-PERP	+0.0100%	8h	116.70	+0.071%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.64	+0.016%	$50K	$845K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.66	+0.034%	$5.5M	$39.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.76	+0.119%	$707.5M	$394.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.67	+0.045%	$175.3M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.70	+0.071%	$15.5M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.68	+0.051%	$962.0M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.63	+0.008%	$795.0M	$1.32B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.67	+0.042%	$365.0M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.66	+0.033%	$232K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.69	+0.057%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.66	+0.032%	$133.8M	$20.4M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.66	+0.033%	$848.6M	$651.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.69	+0.059%	$416.0M	$1.05B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.63	+0.009%	$126.4M	$216.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.64	+0.019%	$481.7M	$439.0M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.65	+0.027%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.66	+0.033%	$23.3M	$37.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.68	+0.047%	$24.4M	$115.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.36	−0.222%	$93.5M	$396.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.56	−0.050%	$47.6M	$29.2M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.62	−0.001%	$1.3M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.67	+0.042%	$332K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.65	+0.026%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.62	+0.001%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.65	+0.027%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.67	+0.042%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.65	+0.023%	$226.4M	$46.3M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.72	+0.085%	$45.6M	$101.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.62	−0.001%	$8.0M	$36.5M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.71	+0.076%	—	$221.3M	500x	as long as short
Phoenix SOL	+0.0129%	1h	116.77	+0.128%	$6.5M	$13.4M	25x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	117.56	+0.805%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.65	+0.029%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.62	−0.001%	$51.8M	$71.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.67	+0.046%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.73	+0.093%	$128K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0457%	1h	116.79	+0.145%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.74	+0.104%	$1.9M	$4.9M	20x	as long as short