SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%

Price spread now: Kraken Futures against Coinbase International−0.017%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$240.240% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)−0.028%−$3 · spread now −0.017%, 7d avg −0.020%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, 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	Coinbase International SOL-PERP-INTX	119.51	0.0112	pay 0.0014% / 1h	43m 28s	$8.2M	$415.0M	50x
Short	Kraken Futures PF_SOLUSD	119.49	0.0149	get 0.0019% / 1h	43m 28s	$32.7M	$94.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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 Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −0.017%Rate

Funding earned: $7.81
Price spread: −0.017% → −0.020%: $0.34
Slippage, 4 orders: −$3.95
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$15.8
Costs to cover: 0.240%
Break-even: 21.2 days

Slippage from Coinbase International: live order book, 6 min ago; Kraken Futures: 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 Coinbase International live order book, 6 min ago	0.04 bp	5.1 bp −$5	7.6 bp −$76	17.9 bp −$1,786	doesn't fit
Sell Kraken Futures live order book, 6 min ago	0.84 bp	7.3 bp −$7	8.7 bp −$87	13.5 bp −$1,352	20.4 bp −$10.2K

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	−0.0525%	1h	119.49	−0.013%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0086%	1h	119.37	−0.116%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.56	+0.042%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.46	−0.044%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0002%	1h	119.51	−0.002%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.50	−0.012%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.50	−0.011%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.55	+0.032%	$182K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0008%	1h	119.50	−0.006%	$120K	$610K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.50	−0.008%	$6.6M	$13.6M	25x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SOLUSD	+0.0063%	1h	119.39	−0.101%	$24K	$47K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0066%	8h	119.51	+0.004%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0072%	8h	119.41	−0.086%	$232.6M	$44.5M	75x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.50	−0.009%	—	$10.5M	—	as long as short
01 Exchange SOLUSD	+0.0088%	1h	119.59	+0.068%	$104K	$154K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.53	+0.013%	$13.6M	$55.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.51	+0.004%	$2.1M	$16.7M	25x	as long as short
Gate SOL_USDT	+0.0096%	8h	119.54	+0.026%	$871.1M	$678.4M	100x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.44	−0.055%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.53	+0.013%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.51	+0.001%	$46K	$789K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.50	−0.008%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.62	+0.093%	$721.9M	$414.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.56	+0.044%	$179.0M	$175.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.56	+0.043%	$12.4M	$116.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.49	−0.018%	$984.7M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.52	+0.007%	$826.4M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.48	−0.024%	$373.0M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.50	−0.008%	$234K	$887K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.60	+0.075%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.15	−0.299%	$133.6M	$9.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.52	+0.009%	$435.6M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.52	+0.008%	$141.0M	$199.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.50	−0.007%	$496.6M	$454.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.52	+0.009%	$24.2M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.38	−0.105%	$27.7M	$127.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.46	−0.043%	$95.9M	$398.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.44	−0.059%	$48.9M	$32.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.49	−0.015%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.48	−0.024%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.53	+0.018%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.47	−0.029%	$200K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.41	−0.084%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.46	−0.041%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.43	−0.066%	$46.7M	$102.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.52	+0.010%	$8.7M	$36.5M	50x	as long as short
Coinbase International SOL-PERP-INTXlong	+0.0112%	1h	119.51	long leg	$8.2M	$415.0M	50x
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.51	−0.002%	—	$221.8M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0146%	1h	119.53	+0.017%	$26.8M	$27.5M	50x	as long as short
Kraken Futures PF_SOLUSDshort	+0.0149%	1h	119.49	−0.017%	$32.7M	$94.9M	100x
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0089%	1h	119.49	−0.019%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.51	−0.002%	$1.1M	$558K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.59	+0.069%	$1.7M	$5.9M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.317%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.44	−0.058%	$52.1M	$84.7M	125x	as long as short