SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.25 per $10,000 · paid last 24h −0.036%

Price spread now: dYdX against Kraken Futures+0.011%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)+0.228%+$23 · spread now +0.011%, 7d avg +0.015%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.210%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOLUSD	116.66	−0.0193	get 0.0024% / 1h	57m 07s	$30.9M	$100.3M	100x
Short	dYdX SOL-USD	116.67	0.0005	get 0.0001% / 1h	57m 07s	$4.4M	$24.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now +0.011%Rate

Funding earned: $41.58
Price spread: +0.011% → +0.015%: −$0.39
Slippage, 4 orders: −$18.39
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $2.8
Costs to cover: 0.384%
Break-even: 6.5 days

Slippage from Kraken Futures: live order book, 2 min ago; dYdX: live order book, 2 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 Kraken Futures live order book, 2 min ago	1.29 bp	7.3 bp −$7	8.7 bp −$87	11.5 bp −$1,145	25.0 bp −$12.5K
Sell dYdX live order book, 2 min ago	2.14 bp	14.8 bp −$15	19.4 bp −$194	27.3 bp −$2,734	38.8 bp −$19.4K

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
Kraken Futures PF_SOLUSDlong	−0.0193%	1h	116.66	long leg	$30.9M	$100.3M	100x
Hibachi SOL/USDT-P	−0.0176%	1h	116.71	+0.044%	$103K	$698K	20x	as long as short
Vest SOL-PERP	−0.0098%	1h	116.63	−0.022%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.70	+0.041%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.66	+0.003%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.70	+0.036%	$1.5M	$19.0M	3.1x	as long as short
dYdX SOL-USDshort	+0.0005%	1h	116.67	+0.011%	$4.4M	$24.2M	20x
Derive SOL-PERP	+0.0030%	1h	116.58	−0.070%	$1.9M	$2.8M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.68	+0.017%	$7.4M	$404.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0093%	8h	116.66	0.000%	$1.0M	$5.8M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOL	+0.0096%	1h	116.66	+0.003%	$13.0M	$59.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.65	−0.006%	$2.2M	$16.7M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	116.75	+0.080%	$99K	$173K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.64	−0.013%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.67	+0.011%	$50K	$882K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.79	+0.112%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.69	+0.030%	$5.4M	$40.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.72	+0.054%	$704.8M	$395.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.63	−0.023%	$174.6M	$182.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.75	+0.081%	$15.8M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.67	+0.011%	$972.0M	$3.80B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.58	−0.065%	$776.6M	$1.36B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.60	−0.049%	$368.9M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.66	+0.003%	$231K	$836K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.74	+0.068%	$926K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.70	+0.035%	$134.0M	$22.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.65	−0.006%	$843.3M	$654.1M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.67	+0.011%	$369.4M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.64	−0.016%	$128.9M	$221.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.56	−0.087%	$478.7M	$441.7M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.58	−0.068%	—	$365.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.64	−0.014%	$23.1M	$39.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.91	+0.221%	$24.6M	$113.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.79	+0.111%	$93.8M	$397.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.61	−0.041%	$47.7M	$30.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.79	+0.116%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.72	+0.054%	$1.3M	$12.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.66	+0.003%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.65	−0.003%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.65	−0.007%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.72	+0.051%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.66	+0.003%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.64	−0.010%	$226.2M	$47.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.65	−0.006%	$45.6M	$102.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.59	−0.059%	$8.3M	$37.4M	50x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.72	+0.054%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.64	−0.014%	—	$231.3M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0120%	1h	116.70	+0.036%	$26.3M	$23.3M	50x	as long as short
Phoenix SOL	+0.0137%	1h	116.80	+0.123%	$6.5M	$13.8M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.61	−0.036%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.67	+0.011%	$51.9M	$67.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.66	0.000%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0447%	43m	116.71	+0.049%	$139K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0509%	1h	116.77	+0.095%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.79	+0.111%	$1.9M	$4.8M	20x	as long as short