SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%

Price spread now: Kraken Futures against Extended−0.028%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$200.196% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.028%, 7d avg +0.033%

Together, before fees−0.044%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.061% cheaper against Extended than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.033%). If the spread goes back, that is −$6 on $10k: about 4.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.045% in total) that is about 9.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SOL-USD	119.52	0.0104	pay 0.0013% / 1h	43m 33s	$8.7M	$36.5M	50x
Short	Kraken Futures PF_SOLUSD	119.49	0.0149	get 0.0019% / 1h	43m 33s	$32.7M	$94.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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 ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now −0.028%Rate

Funding earned: $9.49
Price spread: −0.028% → +0.033%: −$6.09
Slippage, 4 orders: −$4.57
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$16.17
Costs to cover: 0.196%
Break-even: 18.9 days

Slippage from Extended: 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 Extended live order book, 6 min ago	0.42 bp	2.9 bp −$3	3.2 bp −$32	7.1 bp −$707	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	−0.0576%	1h	119.45	−0.056%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0086%	1h	119.37	−0.126%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.56	+0.031%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.38	−0.118%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0002%	1h	119.51	−0.012%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.45	−0.061%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.50	−0.021%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.47	−0.041%	$179K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0008%	1h	119.50	−0.017%	$120K	$610K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.20	−0.269%	$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	+0.0061%	1h	119.35	−0.141%	$24K	$47K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0066%	8h	119.46	−0.051%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0072%	8h	119.41	−0.096%	$232.6M	$44.5M	75x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.57	+0.038%	—	$373.8M	—	as long as short
01 Exchange SOLUSD	+0.0088%	1h	119.59	+0.057%	$104K	$154K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.53	+0.003%	$13.6M	$55.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.51	−0.006%	$2.1M	$16.7M	25x	as long as short
Gate SOL_USDT	+0.0096%	8h	119.50	−0.018%	$870.9M	$678.4M	100x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.44	−0.065%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.53	+0.003%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.51	−0.010%	$46K	$789K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.50	−0.018%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.63	+0.091%	$721.8M	$414.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.55	+0.024%	$179.0M	$175.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.56	+0.033%	$12.4M	$116.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.56	+0.029%	$985.3M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.58	+0.051%	$826.5M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.52	−0.001%	$373.0M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.50	−0.018%	$234K	$887K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.60	+0.065%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.15	−0.309%	$133.6M	$9.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.56	+0.032%	$435.6M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.52	+0.002%	$141.0M	$199.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.52	−0.003%	$496.6M	$454.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.52	−0.001%	$24.2M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.38	−0.115%	$27.7M	$127.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.46	−0.053%	$95.9M	$398.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.44	−0.069%	$48.9M	$32.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.49	−0.025%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.48	−0.035%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.42	−0.085%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.43	−0.073%	$201K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.41	−0.095%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.46	−0.051%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.43	−0.077%	$46.7M	$102.0M	50x	as long as short
Extended SOL-USDlong	+0.0104%	1h	119.52	long leg	$8.7M	$36.5M	50x
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.51	−0.010%	$8.2M	$415.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.49	−0.023%	—	$221.8M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0146%	1h	119.53	+0.006%	$26.8M	$27.5M	50x	as long as short
Kraken Futures PF_SOLUSDshort	+0.0149%	1h	119.49	−0.028%	$32.7M	$94.9M	100x
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0089%	1h	119.45	−0.058%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.41	−0.097%	$1.1M	$558K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.59	+0.058%	$1.7M	$5.9M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.328%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.44	−0.068%	$52.1M	$84.7M	125x	as long as short