Funding you earn now, next payment 21:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Coinbase International against Bullet+0.013%7-day average +0.021% · 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−$23as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 3 days (all we have)+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)−0.352%−$35 · spread now +0.013%, 7d avg +0.021%
=The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SOL-USD | 118.90 | 0.0087 | pay 0.0011% / 1h | 58m 17s | $199K | $1.8M | 20x |
| Short | Coinbase International SOL-PERP-INTX | 118.92 | 0.0112 | get 0.0014% / 1h | 58m 17s | $8.0M | $414.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bullet. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.35
- Price spread: +0.013% → +0.021%
- −$0.74
- Slippage, 4 orders
- −$3.96
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$17.34
- Costs to cover
- 0.220%
- Break-even
- 29.7 days
Slippage from Bullet: live order book, 1 min ago; Coinbase International: 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 Bullet live order book, 1 min ago | 0.08 bp | 5.2 bp −$5 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 0.04 bp | 5.1 bp −$5 | 7.5 bp −$75 | 16.1 bp −$1,614 | 94.7 bp −$47.3K |
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 | 118.68 | −0.185% | $4K | $2K | 12x | as long as short |
| Vest SOL-PERP | −0.0084% | 1h | 118.94 | +0.033% | — | $731K | 20x | as long as short |
| Aftermath Perps SOLUSD | −0.0083% | 1h | 119.05 | +0.128% | $24K | $48K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.05 | +0.122% | $844 | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0065% | 1h | 118.83 | −0.062% | $2.0M | $3.2M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.94 | +0.034% | $49K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 119.04 | +0.119% | $4.9M | $26.8M | 20x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.01 | +0.092% | $191K | $4.1M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0017% | 1h | 118.95 | +0.040% | $26.7M | $27.9M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0048% | 1h | 118.98 | +0.067% | $104K | $154K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0055% | 8h | 118.92 | +0.013% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0065% | 8h | 118.86 | −0.032% | $231.6M | $43.8M | 75x | as long as short |
| SoDEX SOL-USD | +0.0067% | 1h | 118.87 | −0.025% | $6.2M | $10.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0076% | 1h | 119.13 | +0.193% | $1.5M | $6.3M | 50x | as long as short |
| Gate SOL_USDT | +0.0079% | 8h | 118.95 | +0.042% | $858.5M | $672.3M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0083% | 8h | 118.97 | +0.058% | $144.1M | $196.5M | 75x | as long as short |
| Bullet SOL-USDlong | +0.0087% | 1h | 118.90 | long leg | $199K | $1.8M | 20x | |
| Lighter SOL | +0.0096% | 1h | 118.88 | −0.019% | $13.4M | $52.6M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.86 | −0.034% | $2.0M | $16.5M | 25x | as long as short |
| Bitget SOLUSDT | +0.0096% | 8h | 118.87 | −0.025% | $495.9M | $452.2M | 100x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.87 | −0.024% | $353K | $746K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 118.98 | +0.066% | $1.0M | $525K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.00 | +0.084% | $47K | $786K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.05 | +0.127% | $5.6M | $40.8M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.05 | +0.126% | $718.7M | $443.2M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.94 | +0.031% | $179.9M | $175.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.06 | +0.134% | $12.4M | $113.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.84 | −0.051% | $975.8M | $3.76B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.93 | +0.025% | $822.1M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.88 | −0.017% | $367.9M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.16 | +0.219% | $234K | $868K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.03 | +0.109% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.09 | +0.157% | $133.4M | $13.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.93 | +0.025% | $470.7M | $1.07B | 300x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 118.91 | +0.011% | — | $372.4M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.08 | +0.151% | $24.2M | $38.3M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.33 | +0.359% | $27.8M | $126.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.09 | +0.156% | $95.6M | $395.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.08 | +0.148% | $48.7M | $33.4M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.10 | +0.168% | $1.4M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.96 | +0.050% | $361K | $2.4M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.92 | +0.018% | $38K | $14K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.86 | −0.031% | $193K | $1.9M | 30x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.85 | −0.042% | $46.4M | $100.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.87 | −0.024% | $8.7M | $37.4M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0111% | 8h | 119.05 | +0.130% | $1.2M | $21.0M | 3.1x | as long as short |
| Coinbase International SOL-PERP-INTXshort | +0.0112% | 1h | 118.92 | +0.013% | $8.0M | $414.9M | 50x | |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.07 | +0.147% | — | $218.3M | 500x | as long as short |
| Hibachi SOL/USDT-P | +0.0128% | 1h | 119.10 | +0.169% | $123K | $608K | 20x | as long as short |
| Phoenix SOL | +0.0149% | 1h | 119.28 | +0.320% | $7.3M | $11.2M | 25x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 119.00 | +0.085% | $1.6M | $6.4M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.94 | +0.030% | $1.1M | $558K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.07 | +0.143% | $51.7M | $91.1M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0224% | 1h | 118.89 | −0.008% | $36.1M | $90.7M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0237% / S −0.0178% | 1h | 118.94 | +0.030% | $3.5M | — | 200x | as long as short |
Bullet SOL-USD
Coinbase International SOL-PERP-INTX
Injective SOL/USDC PERP
Aftermath Perps SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSD
HTX SOL-USDT
SoDEX SOL-USD
ApeX Omni SOLUSDT
Gate SOL_USDT
KuCoin SOLUSDTM
Lighter SOL
Lighter RH SOL
Bitget SOLUSDT
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Kalshi KXSOLPERP
Phoenix SOL
RISEx SOL/USDC
BloFin SOL-USDT
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]