SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0077%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h +0.022%

Price spread now: StandX against Deribit+0.048%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$270.268% of the position

Long on Deribit Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 3 days (all we have)+0.360%+$36 · spread now +0.048%, 7d avg −0.017%

Together, before fees+0.506%+ Points / potential airdropStandX: Active · farm board+$51 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and StandX is 0.065% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SOL_USDC-PERPETUAL	118.80	0.0023	pay 0.0003% / 1h	49m 03s	$26.7M	$27.8M	50x
Short	StandX SOL-USD	118.86	0.0100	get 0.0013% / 1h	49m 03s	$1.4M	$13.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.048%Rate

Funding earned: $16.21
Price spread: +0.048% → −0.017%: $6.52
Slippage, 4 orders: −$11.81
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee StandX: 4 bp × 2 orders: −$8
Net: −$4.08
Costs to cover: 0.268%
Break-even: 8.8 days

Slippage from Deribit: live order book, 5 min ago; StandX: live order book, 5 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, 5 min ago	1.22 bp	4.9 bp −$5	5.4 bp −$54	19.0 bp −$1,900	doesn't fit
Sell StandX live order book, 5 min ago	3.79 bp	8.6 bp −$9	8.6 bp −$86	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	+0.073%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.66	−0.119%	$2.0M	$3.2M	13x	as long as short
ApeX Omni SOLUSDT	−0.0100%	1h	118.77	−0.025%	$1.5M	$6.2M	50x	as long as short
Vest SOL-PERP	−0.0082%	1h	118.74	−0.051%	—	$726K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.80	−0.003%	$842	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0062%	1h	118.93	+0.109%	$24K	$48K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	118.79	−0.011%	$48K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	118.85	+0.040%	$4.9M	$26.8M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.86	+0.045%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.77	−0.028%	$179K	$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	+0.0023%	1h	118.80	long leg	$26.7M	$27.8M	50x
Orderly PERP_SOL_USDC	+0.0057%	8h	118.75	−0.045%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	118.80	−0.003%	$104K	$152K	20x	as long as short
HTX SOL-USDT	+0.0073%	8h	118.80	−0.003%	$231.5M	$43.8M	75x	as long as short
Gate SOL_USDT	+0.0081%	8h	118.74	−0.053%	$857.6M	$675.3M	100x	as long as short
KuCoin SOLUSDTM	+0.0090%	8h	118.76	−0.038%	$144.1M	$197.6M	75x	as long as short
Lighter SOL	+0.0096%	1h	118.74	−0.052%	$13.4M	$53.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.73	−0.063%	$2.0M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.77	−0.029%	$353K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.77	−0.028%	$1.0M	$524K	50x	as long as short
Bitget SOLUSDT	+0.0099%	8h	118.73	−0.058%	$495.6M	$450.6M	100x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.79	−0.011%	$46K	$785K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.74	−0.055%	$5.5M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.84	+0.029%	$716.8M	$424.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.74	−0.053%	$179.1M	$174.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.82	+0.017%	$12.3M	$113.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.78	−0.019%	$971.0M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.77	−0.028%	$821.4M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.72	−0.070%	$368.1M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.86	+0.048%	$233K	$868K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.82	+0.017%	$1.9M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.88	+0.066%	$133.2M	$12.7M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.73	−0.061%	$466.7M	$1.07B	300x	as long as short
BingX SOL-USDT	+0.0100%	8h	118.75	−0.045%	—	$372.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.76	−0.036%	$24.2M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.86	+0.044%	$28.3M	$126.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.91	+0.089%	$95.5M	$396.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.87	+0.056%	$48.7M	$33.1M	20x	as long as short
StandX SOL-USDshort	+0.0100%	1h	118.86	+0.048%	$1.4M	$13.2M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	118.78	−0.019%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.75	−0.043%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.74	−0.051%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.73	−0.065%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.73	−0.061%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.76	−0.036%	$46.3M	$99.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.72	−0.073%	$8.6M	$37.4M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.79	−0.009%	$8.1M	$414.2M	50x	as long as short
Hibachi SOL/USDT-P	+0.0120%	1h	118.85	+0.037%	$123K	$622K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.81	+0.003%	—	$218.7M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.00	+0.166%	$6.7M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0088%	1h	118.79	−0.014%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0175%	1h	118.81	+0.006%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.77	−0.029%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.72	−0.070%	$51.6M	$89.3M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.77	−0.030%	$36.1M	$90.3M	100x	as long as short