SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Paradex against Binance+0.018%7-day average −0.001% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$180.182% of the position

Long on Binance Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.018%, 7d avg −0.001%

Together, before fees−0.023%+ Points / potential airdropParadex: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	118.87	0.0100	pay 0.0100% / 8h	2h 47m	$971.7M	$3.74B	100x
Short	Paradex SOL-USD-PERP	118.89	0.0099	get 0.0099% / 8h	2h 47m	$1.0M	$524K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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 BinancebpFee ParadexbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$0.29
Price spread: +0.018% → −0.001%: $1.98
Slippage, 4 orders: −$4.21
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$16.52
Costs to cover: 0.182%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Paradex: live order book, 2 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 Binance live order book, 12 min ago	0.42 bp	5.4 bp −$5	5.8 bp −$58	9.2 bp −$924	18.3 bp −$9,148
Sell Paradex live order book, 2 min ago	1.68 bp	3.7 bp −$4	9.4 bp −$94	doesn't fit	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
Injective SOL/USDC PERP	−0.0151%	1h	118.89	+0.021%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.89	+0.017%	$2.0M	$3.2M	13x	as long as short
ApeX Omni SOLUSDT	−0.0100%	1h	118.77	−0.078%	$1.5M	$6.2M	50x	as long as short
Vest SOL-PERP	−0.0081%	1h	118.83	−0.033%	—	$726K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.92	+0.047%	$843	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0056%	1h	118.93	+0.051%	$24K	$48K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	118.98	+0.093%	$48K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	118.98	+0.097%	$4.9M	$26.8M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.87	+0.001%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.93	+0.058%	$180K	$4.1M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0026%	1h	119.02	+0.133%	$26.7M	$27.8M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0057%	8h	118.97	+0.084%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	118.90	+0.029%	$105K	$152K	20x	as long as short
HTX SOL-USDT	+0.0074%	8h	118.91	+0.038%	$231.7M	$43.6M	75x	as long as short
Gate SOL_USDT	+0.0084%	8h	118.89	+0.021%	$858.5M	$676.0M	100x	as long as short
KuCoin SOLUSDTM	+0.0092%	8h	118.85	−0.010%	$144.1M	$197.3M	75x	as long as short
Lighter SOL	+0.0096%	1h	118.92	+0.049%	$13.4M	$53.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.93	+0.054%	$2.0M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.99	+0.107%	$354K	$741K	20x	as long as short
Paradex SOL-USD-PERPshort	+0.0099%	8h	118.89	+0.018%	$1.0M	$524K	50x
Katana Perps SOL-USD	+0.0100%	8h	118.95	+0.071%	$46K	$785K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.90	+0.030%	$5.5M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.95	+0.071%	$717.3M	$424.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.91	+0.036%	$179.3M	$173.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.96	+0.080%	$12.4M	$113.8M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	118.87	long leg	$971.7M	$3.74B	100x
Bybit SOLUSDT	+0.0100%	8h	118.89	+0.019%	$822.2M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.84	−0.021%	$369.1M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.92	+0.046%	$233K	$865K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.95	+0.074%	$1.9M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.88	+0.014%	$133.2M	$12.7M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.85	−0.013%	$467.4M	$1.07B	300x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.86	−0.009%	$496.1M	$448.9M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	118.89	+0.022%	—	$372.1M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.98	+0.097%	$24.3M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.86	−0.008%	$28.3M	$126.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.79	−0.061%	$95.4M	$396.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.77	−0.081%	$48.6M	$33.1M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.96	+0.080%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.86	−0.004%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.82	−0.037%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.97	+0.086%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.93	+0.051%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.96	+0.080%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.92	+0.046%	$46.4M	$99.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.89	+0.019%	$8.6M	$37.2M	50x	as long as short
Hibachi SOL/USDT-P	+0.0112%	1h	118.81	−0.050%	$123K	$606K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0048%	1h	118.98	+0.095%	—	$218.8M	500x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.01	+0.125%	$8.1M	$414.3M	50x	as long as short
Phoenix SOL	+0.0154%	1h	118.99	+0.105%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	118.95	+0.075%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.86	−0.005%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.72	−0.122%	$51.6M	$89.3M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.98	+0.098%	$36.1M	$90.2M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0173%	1h	118.97	+0.085%	$3.5M	—	200x	as long as short