Funding you earn now, next payment 05:00 UTC+0.0461%/8h= +50.5% APRnext payment +$0.58 per $10,000 · paid last 24h +0.031%
Price spread now: RISEx against Bullet+0.069%7-day average −0.025% · 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−$9as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 3 days (all we have)+0.086%+$9 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.069%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.095% dearer against Bullet than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.025%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.086% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SOL-USD | 116.69 | 0.0100 | pay 0.0013% / 1h | 57m 56s | $147K | $1.6M | 20x |
| Short | RISEx SOL/USDC | 116.77 | 0.0561 | get 0.0070% / 1h | 57m 56s | $1.9M | $4.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $96.8
- Price spread: +0.069% → −0.025%
- $9.5
- Slippage, 4 orders
- −$4.75
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $87.55
- Costs to cover
- 0.188%
- Break-even
- 0.7 days
Slippage from Bullet: live order book, 1 min ago; RISEx: live order book, 1 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 | 0.21 bp | 5.2 bp −$5 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 1 min ago | 0.38 bp | 4.6 bp −$5 | 8.1 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | −0.0193% | 1h | 116.64 | −0.040% | $30.9M | $100.3M | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0176% | 1h | 116.71 | +0.017% | $103K | $698K | 20x | as long as short |
| Vest SOL-PERP | −0.0099% | 1h | 116.65 | −0.028% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.69 | +0.001% | $1K | $8K | 25x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.68 | −0.007% | $54K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.67 | −0.015% | $4.4M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.69 | −0.002% | $1.5M | $19.0M | 3.1x | as long as short |
| Derive SOL-PERP | +0.0030% | 1h | 116.56 | −0.110% | $1.9M | $2.8M | 13x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.64 | −0.040% | $7.4M | $404.0M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0093% | 8h | 116.64 | −0.045% | $1.0M | $5.8M | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SOL | +0.0096% | 1h | 116.64 | −0.039% | $13.0M | $59.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.63 | −0.051% | $2.2M | $16.7M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 116.73 | +0.036% | $99K | $173K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.62 | −0.057% | $347K | $244K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.69 | +0.002% | $48K | $878K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.76 | +0.065% | $1.0M | $550K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.66 | −0.024% | $5.4M | $40.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.78 | +0.079% | $705.2M | $394.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.66 | −0.024% | $174.6M | $182.8M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.72 | +0.028% | $15.8M | $130.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.71 | +0.018% | $972.3M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.64 | −0.041% | $777.2M | $1.36B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.71 | +0.019% | $369.1M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.66 | −0.024% | $231K | $836K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.72 | +0.032% | $925K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.70 | +0.008% | $134.0M | $22.5M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.66 | −0.024% | $843.1M | $653.9M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.69 | +0.002% | $369.8M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.69 | −0.002% | $128.9M | $221.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.67 | −0.019% | $479.1M | $441.6M | 100x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.67 | −0.020% | — | $10.5M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.67 | −0.015% | $23.1M | $39.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.91 | +0.194% | $24.6M | $113.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.91 | +0.192% | $93.9M | $398.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.84 | +0.130% | $47.8M | $30.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.87 | +0.156% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.74 | +0.045% | $1.3M | $12.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.68 | −0.007% | $322K | $2.6M | 20x | as long as short |
| Bullet SOL-USDlong | +0.0100% | 1h | 116.69 | long leg | $147K | $1.6M | 20x | |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.67 | −0.015% | $25K | $31K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.68 | −0.004% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.62 | −0.058% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.56 | −0.111% | $226.1M | $47.5M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.69 | +0.002% | $45.6M | $102.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.63 | −0.050% | $8.3M | $37.4M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.72 | +0.027% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.68 | −0.010% | — | $231.4M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0126% | 1h | 116.67 | −0.012% | $26.3M | $23.4M | 50x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.99 | +0.259% | $6.5M | $13.3M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.65 | −0.031% | $1.1M | $541K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.68 | −0.007% | $51.9M | $67.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0178% | 1h | 116.69 | 0.000% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0447% | 43m | 116.71 | +0.018% | $139K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0507% | 1h | 116.78 | +0.082% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDCshort | +0.0561% | 1h | 116.77 | +0.069% | $1.9M | $4.8M | 20x |
Bullet SOL-USD
RISEx SOL/USDC
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Derive SOL-PERP
Coinbase International SOL-PERP-INTX
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Deribit SOL_USDC-PERPETUAL
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD