SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.071%

Price spread now: RISEx against Derive−0.030%7-day average +0.049% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Derive Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.149%+$15 on $10k

Price spread, last 4 days (all we have)+0.514%+$51 · spread now −0.030%, 7d avg +0.049%

Together, before fees+0.662%+$66 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.080% cheaper against Derive than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.049%). If the spread goes back, that is −$8 on $10k: about 44 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive SOL-PERP	117.42	−0.0010	get 0.0001% / 1h	41m 34s	$1.9M	$2.8M	13x
Short	RISEx SOL/USDC	117.39	0.0136	get 0.0017% / 1h	41m 34s	$1.9M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Derive. 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 DerivebpFee RISExbpOrdersPrice spread, now −0.030%Rate

Funding earned: $30.65
Price spread: −0.030% → +0.049%: −$7.97
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee RISEx: 3 bp × 2 orders: −$6
Net: $10.68
Costs to cover: 0.120%
Break-even: 4.6 days

Slippage unknown: Derive: no order-book sample; RISEx: live order book, 2 min ago. Net counts fees only.

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 Derive no order-book sample	—	—	—	—	—
Sell RISEx live order book, 2 min ago	0.04 bp	3.0 bp −$3	5.4 bp −$54	doesn't fit	doesn't fit

Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff SOL-PERP	−0.0080%	1h	117.33	−0.076%	$918	$8K	25x	as long as short
Vest SOL-PERP	−0.0058%	1h	117.27	−0.126%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.51	+0.075%	$31.5M	$98.1M	100x	as long as short
Derive SOL-PERPlong	−0.0010%	1h	117.42	long leg	$1.9M	$2.8M	13x
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.50	+0.067%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.32	−0.087%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.56	+0.118%	$1.4M	$19.5M	3.1x	as long as short
HTX SOL-USDT	+0.0055%	8h	117.49	+0.062%	$228.2M	$45.6M	75x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	117.31	−0.095%	$100K	$163K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0057%	1h	117.55	+0.106%	$26.4M	$25.2M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.55	+0.108%	$8.0M	$403.4M	50x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.34	−0.073%	$100K	$691K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.31	−0.097%	—	$362.8M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.51	+0.074%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.29	−0.114%	$13.0M	$59.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.28	−0.125%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.50	+0.071%	$344K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.30	−0.103%	$65K	$839K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.28	−0.119%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.34	−0.069%	$5.8M	$39.5M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.32	−0.086%	$176.1M	$176.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.32	−0.085%	$14.5M	$127.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.32	−0.086%	$965.6M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.36	−0.052%	$819.4M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.30	−0.103%	$365.2M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.38	−0.035%	$238K	$848K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.32	−0.090%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.45	+0.024%	$134.7M	$15.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.27	−0.129%	$856.5M	$647.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.28	−0.120%	$423.2M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.29	−0.111%	$129.9M	$212.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.28	−0.120%	$485.7M	$433.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.49	+0.058%	$23.7M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.36	−0.048%	$24.3M	$119.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.40	−0.018%	$94.3M	$398.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.46	+0.034%	$48.1M	$28.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.39	−0.030%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.52	+0.084%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.50	+0.067%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.51	+0.078%	$200K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.48	+0.054%	$25K	$27K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.53	+0.091%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.51	+0.076%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.50	+0.067%	$45.7M	$100.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.27	−0.125%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.44	+0.018%	—	$220.8M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.56	+0.118%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDCshort	+0.0136%	1h	117.39	−0.030%	$1.9M	$4.9M	20x
Hyperliquid SOL	+0.0160%	1h	117.41	−0.010%	$717.2M	$393.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.49	+0.060%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.38	−0.035%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.48	+0.050%	$51.9M	$71.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.50	+0.064%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0382%	1h	117.47	+0.043%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.53	+0.094%	$128K	$3.8M	8.3x	as long as short