SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.023%

Price spread now: Coinbase International against Deribit+0.012%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$220.222% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.012%, 7d avg −0.002%

Together, before fees+0.123%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SOL_USDC-PERPETUAL	117.64	0	get 0.0000% / 1h	54m 40s	$26.4M	$25.3M	50x
Short	Coinbase International SOL-PERP-INTX	117.65	0.0072	get 0.0009% / 1h	54m 40s	$7.9M	$409.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.012%Rate

Funding earned: $15.12
Price spread: +0.012% → −0.002%: $1.43
Slippage, 4 orders: −$5.21
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$5.65
Costs to cover: 0.222%
Break-even: 9.6 days

Slippage from Deribit: live order book, 4 min ago; Coinbase International: live order book, 4 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 Deribit live order book, 4 min ago	1.44 bp	5.7 bp −$6	5.9 bp −$59	18.4 bp −$1,845	doesn't fit
Sell Coinbase International live order book, 4 min ago	0.04 bp	5.4 bp −$5	7.9 bp −$79	15.9 bp −$1,591	186.2 bp −$93.1K

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	−0.1080%	1h	118.05	+0.349%	$1.5M	$6.1M	50x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.62	−0.014%	$920	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0080%	1h	117.65	+0.007%	$94K	$696K	20x	as long as short
Vest SOL-PERP	−0.0079%	1h	117.53	−0.092%	—	$610K	20x	as long as short
HTX SOL-USDT	−0.0079%	8h	117.52	−0.099%	$228.6M	$44.7M	75x	as long as short
Derive SOL-PERP	−0.0050%	1h	117.52	−0.101%	$2.0M	$2.7M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.57	−0.057%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.69	+0.047%	$4.5M	$25.9M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.59	−0.041%	$1.6M	$21.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.56	−0.065%	$131K	$4.0M	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-PERPETUALlong	0.0000%	1h	117.64	long leg	$26.4M	$25.3M	50x
Gate SOL_USDT	+0.0005%	8h	117.65	+0.011%	$843.6M	$647.7M	100x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.53	−0.095%	$1.8M	$4.6M	20x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	117.57	−0.057%	$102K	$162K	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.63	−0.010%	$31.5M	$98.5M	100x	as long as short
Coinbase International SOL-PERP-INTXshort	+0.0072%	1h	117.65	+0.012%	$7.9M	$409.1M	50x
BingX SOL-USDT	+0.0080%	8h	117.58	−0.045%	—	$370.1M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	117.61	−0.021%	$1.0M	$5.9M	100x	as long as short
Lighter RH SOL	+0.0088%	1h	117.65	+0.011%	$2.2M	$16.6M	25x	as long as short
Lighter SOL	+0.0096%	1h	117.70	+0.054%	$13.1M	$57.1M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.61	−0.020%	$345K	$262K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	117.58	−0.051%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.52	−0.099%	$45K	$815K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.59	−0.043%	$5.7M	$41.4M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.63	−0.006%	$177.5M	$180.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.69	+0.044%	$12.8M	$128.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.64	+0.006%	$973.9M	$3.80B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.61	−0.023%	$818.0M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.58	−0.048%	$365.0M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.56	−0.065%	$255K	$899K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.59	−0.037%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.15	+0.436%	$136.0M	$13.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.61	−0.023%	$421.7M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.63	−0.003%	$133.1M	$207.3M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.56	−0.066%	$487.9M	$445.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.65	+0.011%	$23.7M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.61	−0.026%	$24.4M	$130.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.09	+0.386%	$94.9M	$399.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.85	+0.178%	$48.3M	$29.6M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.09	+0.385%	$1.3M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.52	−0.099%	$351K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.54	−0.081%	$199K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.57	−0.060%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.61	−0.020%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.61	−0.023%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.66	+0.020%	$45.9M	$100.4M	50x	as long as short
Hyperliquid SOL	+0.0102%	1h	117.78	+0.122%	$716.1M	$400.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	117.54	−0.080%	$8.3M	$35.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.61	−0.019%	—	$228.1M	500x	as long as short
Phoenix SOL	+0.0114%	1h	117.72	+0.071%	$6.5M	$13.5M	25x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	117.50	−0.114%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.63	−0.006%	$52.2M	$73.9M	125x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	119.50	+1.584%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	117.55	−0.077%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0275%	1h	118.21	+0.490%	$25K	$51K	20x	as long as short