SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.017%

Price spread now: Paradex against GRVT−0.077%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$170.172% of the position

Long on GRVT Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.017%+$2 on $10k

Price spread, last 4 days (all we have)−0.631%−$63 · spread now −0.077%, 7d avg −0.038%

Together, before fees−0.614%+ Points / potential airdropGRVT: Active · Paradex: Active · farm board−$61 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.039% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SOL_USDT_Perp	118.83	0.0100	pay 0.0100% / 8h	2h 44m	$48.6M	$33.0M	20x
Short	Paradex SOL-USD-PERP	118.74	0.0099	get 0.0099% / 8h	2h 44m	$1.0M	$525K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against GRVT. 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 GRVTbpFee ParadexbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$0.28
Price spread: −0.077% → −0.038%: −$3.93
Slippage, 4 orders: −$4.21
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$21.42
Costs to cover: 0.172%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; Paradex: 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 GRVT live order book, 4 min ago	0.42 bp	4.9 bp −$5	5.2 bp −$52	9.7 bp −$971	doesn't fit
Sell Paradex live order book, 4 min ago	1.68 bp	3.7 bp −$4	9.4 bp −$94	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	+0.052%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.62	−0.172%	$2.0M	$3.2M	13x	as long as short
Vest SOL-PERP	−0.0080%	1h	118.73	−0.084%	—	$724K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.77	−0.047%	$842	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0049%	1h	118.89	+0.054%	$24K	$48K	20x	as long as short
dYdX SOL-USD	−0.0006%	1h	118.80	−0.024%	$4.9M	$26.8M	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	118.76	−0.058%	$48K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.79	−0.033%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.81	−0.018%	$179K	$4.1M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0009%	1h	118.73	−0.082%	$26.6M	$27.7M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0058%	8h	118.72	−0.092%	$1.1M	$5.9M	100x	as long as short
BingX SOL-USDT	+0.0069%	8h	118.64	−0.155%	—	$372.7M	—	as long as short
01 Exchange SOLUSD	+0.0072%	1h	118.81	−0.016%	$105K	$153K	20x	as long as short
HTX SOL-USDT	+0.0073%	8h	118.61	−0.187%	$231.1M	$43.6M	75x	as long as short
ApeX Omni SOLUSDT	+0.0074%	1h	118.90	+0.060%	$1.5M	$6.2M	50x	as long as short
Gate SOL_USDT	+0.0083%	8h	118.64	−0.159%	$856.9M	$676.8M	100x	as long as short
KuCoin SOLUSDTM	+0.0093%	8h	118.65	−0.150%	$143.6M	$196.5M	75x	as long as short
Lighter SOL	+0.0096%	1h	118.65	−0.147%	$13.4M	$53.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.67	−0.134%	$2.0M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.68	−0.123%	$353K	$741K	20x	as long as short
Paradex SOL-USD-PERPshort	+0.0099%	8h	118.74	−0.077%	$1.0M	$525K	50x
Katana Perps SOL-USD	+0.0100%	8h	118.78	−0.041%	$46K	$785K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.76	−0.057%	$5.5M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.73	−0.083%	$715.9M	$424.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.65	−0.150%	$178.9M	$173.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.78	−0.041%	$12.3M	$113.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.64	−0.159%	$969.8M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.67	−0.134%	$818.6M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.65	−0.150%	$369.7M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.92	+0.077%	$233K	$862K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.82	−0.011%	$1.9M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.88	+0.044%	$133.2M	$12.7M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.65	−0.150%	$466.0M	$1.07B	300x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.64	−0.161%	$495.2M	$448.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.66	−0.142%	$24.2M	$38.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.85	+0.014%	$27.6M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.91	+0.068%	$95.5M	$397.2M	75x	as long as short
GRVT SOL_USDT_Perplong	+0.0100%	8h	118.83	long leg	$48.6M	$33.0M	20x
StandX SOL-USD	+0.0100%	1h	118.88	+0.043%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.76	−0.058%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.73	−0.086%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.72	−0.092%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.74	−0.071%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.65	−0.150%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.69	−0.117%	$46.3M	$100.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.62	−0.173%	$8.6M	$37.2M	50x	as long as short
Hibachi SOL/USDT-P	+0.0112%	1h	118.87	+0.036%	$123K	$606K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0048%	1h	118.77	−0.047%	—	$218.1M	500x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.72	−0.096%	$8.0M	$413.3M	50x	as long as short
Phoenix SOL	+0.0154%	1h	118.92	+0.077%	$6.7M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0091%	1h	118.76	−0.061%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0175%	1h	118.80	−0.020%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.75	−0.067%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.67	−0.134%	$51.7M	$87.0M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.68	−0.127%	$36.0M	$89.8M	100x	as long as short