SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Phoenix against Jupiter Perps+0.144%7-day average +0.084% · you sell dearer than you buy

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

Long on Jupiter Perps Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.108%+$11 on $10k

Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.144%, 7d avg +0.084%

Together, before fees+0.230%+$23 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: Phoenix is 0.060% dearer against Jupiter Perps than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Jupiter Perps SOL-PERP	117.72	L +0.0120% / S +0.0048%	pay 0.0015% / 1h	5m 08s	—	$215.5M	500x
Short	Phoenix SOL	117.89	0.0124	get 0.0015% / 1h	5m 08s	$6.5M	$13.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Jupiter Perps. 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 Jupiter PerpsbpFee PhoenixbpOrdersPrice spread, now +0.144%Rate

Funding earned: $0.79
Price spread: +0.144% → +0.084%: $6
Slippage, 4 orders: no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$12.21
Costs to cover: 0.190%
Break-even: 115.8 days

Slippage unknown: Jupiter Perps: no order-book sample; Phoenix: live order book, 4 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 Jupiter Perps no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 4 min ago	0.85 bp	4.6 bp −$5	5.7 bp −$57	11.1 bp −$1,105	doesn't fit

Jupiter Perps: 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 54 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	117.90	+0.153%	$1K	$8K	25x	as long as short
Phemex SOLUSDT	−0.0063%	8h	117.69	−0.025%	$45.7M	$101.7M	50x	as long as short
Kraken Futures PF_SOLUSD	−0.0056%	1h	117.78	+0.053%	$32.6M	$99.7M	100x	as long as short
Bybit SOLUSDT	−0.0045%	8h	117.69	−0.022%	$739.7M	$1.32B	100x	as long as short
Vest SOL-PERP	−0.0006%	1h	117.75	+0.024%	—	$520K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.95	+0.197%	$40K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.87	+0.130%	$1.3M	$18.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.73	+0.012%	$100K	$3.0M	8.3x	as long as short
Bitget SOLUSDT	+0.0025%	8h	117.67	−0.043%	$484.5M	$426.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	117.76	+0.033%	$8.1M	$388.0M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOLUSDT	+0.0054%	8h	117.71	−0.008%	$178.9M	$165.1M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0064%	8h	117.72	−0.001%	$1.0M	$5.5M	100x	as long as short
dYdX SOL-USD	+0.0070%	1h	117.84	+0.103%	$8.2M	$21.2M	20x	as long as short
SoDEX SOL-USD	+0.0092%	1h	117.72	0.000%	$6.2M	$11.1M	20x	as long as short
Lighter SOL	+0.0096%	1h	117.72	−0.002%	$13.2M	$57.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.70	−0.013%	$2.2M	$15.0M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	117.93	+0.175%	$103K	$657K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.68	−0.030%	$359K	$236K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	117.83	+0.093%	$1.0M	$555K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.75	+0.026%	$46K	$831K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.78	+0.053%	$5.5M	$40.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.81	+0.077%	$716.6M	$386.1M	20x	as long as short
Pacifica SOL	+0.0100%	1h	117.86	+0.123%	$15.9M	$122.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.70	−0.017%	$974.4M	$3.63B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.69	−0.025%	$366.6M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.79	+0.060%	$221K	$815K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.80	+0.070%	$978K	$8.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.71	−0.008%	$857.9M	$632.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.68	−0.034%	$425.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.69	−0.023%	$134.2M	$231.9M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	117.67	−0.044%	—	$354.0M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.70	−0.017%	$23.3M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.85	+0.107%	$25.2M	$101.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.65	−0.063%	$94.4M	$408.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.74	+0.015%	$48.2M	$26.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.73	+0.009%	$1.1M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.92	+0.170%	$1.3M	$10.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.69	−0.025%	$323K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.71	−0.008%	$285K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.73	+0.008%	$28K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.72	−0.002%	$191K	$1.6M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.70	−0.019%	$227.8M	$46.9M	75x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.65	−0.062%	$127.3M	$25.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	117.68	−0.034%	$8.4M	$34.7M	50x	as long as short
01 Exchange SOLUSD	+0.0104%	1h	117.78	+0.051%	$102K	$182K	20x	as long as short
Jupiter Perps SOL-PERPlong	L +0.0120% / S +0.0048%	1h	117.72	long leg	—	$215.5M	500x
Phoenix SOLshort	+0.0124%	1h	117.89	+0.144%	$6.5M	$13.4M	25x
Deribit SOL_USDC-PERPETUAL	+0.0129%	1h	117.80	+0.070%	$26.5M	$20.1M	50x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−1.172%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0198%	1h	117.65	−0.063%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.69	−0.025%	$51.9M	$59.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0170%	1h	117.90	+0.156%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0407%	1h	117.60	−0.099%	$25K	$53K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	117.76	+0.031%	$2.2M	$4.8M	20x	as long as short