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: Extended against Kraken Futures+0.028%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$200.196% of the position
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
The price spread pays, funding is against you. Extended is 0.061% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.033%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. 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 | Kraken Futures PF_SOLUSD | 119.49 | 0.0149 | pay 0.0019% / 1h | 43m 20s | $32.7M | $94.9M | 100x |
| Short | Extended SOL-USD | 119.52 | 0.0104 | get 0.0013% / 1h | 43m 20s | $8.7M | $36.5M | 50x |
Kraken Futures PF_SOLUSD
Extended SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.49
- Price spread: +0.028% → −0.033%
- $6.1
- Slippage, 4 orders
- −$4.57
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.97
- Costs to cover
- 0.196%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; Extended: 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 Kraken Futures live order book, 6 min ago | 0.84 bp | 6.5 bp −$6 | 8.3 bp −$83 | 13.4 bp −$1,340 | 28.6 bp −$14.3K |
| Sell Extended live order book, 6 min ago | 0.42 bp | 2.9 bp −$3 | 2.9 bp −$29 | 5.2 bp −$519 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0525% | 1h | 119.49 | +0.004% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0086% | 1h | 119.37 | −0.099% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.56 | +0.059% | $848 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0065% | 1h | 119.46 | −0.027% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0002% | 1h | 119.51 | +0.015% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.50 | +0.005% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.50 | +0.006% | $1.2M | $20.6M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.55 | +0.049% | $182K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0008% | 1h | 119.50 | +0.011% | $120K | $610K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.50 | +0.010% | $6.6M | $13.6M | 25x | as long as short |
Bluefin SOL-PERP
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Hibachi SOL/USDT-P
Phoenix SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SOLUSD | +0.0063% | 1h | 119.39 | −0.084% | $24K | $47K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0066% | 8h | 119.51 | +0.021% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0072% | 8h | 119.41 | −0.069% | $232.6M | $44.5M | 75x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.50 | +0.008% | — | $10.5M | — | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 119.59 | +0.085% | $104K | $154K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.53 | +0.031% | $13.6M | $55.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.51 | +0.021% | $2.1M | $16.7M | 25x | as long as short |
| Gate SOL_USDT | +0.0096% | 8h | 119.54 | +0.043% | $871.1M | $678.4M | 100x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.44 | −0.038% | $354K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.53 | +0.031% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.51 | +0.018% | $46K | $789K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.50 | +0.010% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.62 | +0.110% | $721.9M | $414.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.56 | +0.061% | $179.0M | $175.8M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.56 | +0.060% | $12.4M | $116.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.49 | −0.001% | $984.7M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.52 | +0.024% | $826.4M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.48 | −0.007% | $373.0M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.50 | +0.010% | $234K | $887K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.60 | +0.092% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.15 | −0.282% | $133.6M | $9.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.52 | +0.026% | $435.6M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.52 | +0.025% | $141.0M | $199.8M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.50 | +0.010% | $496.6M | $454.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.52 | +0.026% | $24.2M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.38 | −0.088% | $27.7M | $127.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.46 | −0.026% | $95.9M | $398.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.44 | −0.042% | $48.9M | $32.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.49 | +0.002% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.48 | −0.007% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.53 | +0.035% | $365K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.47 | −0.012% | $200K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.41 | −0.067% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.46 | −0.024% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.43 | −0.049% | $46.7M | $102.0M | 50x | as long as short |
| Extended SOL-USDshort | +0.0104% | 1h | 119.52 | +0.028% | $8.7M | $36.5M | 50x | |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.51 | +0.017% | $8.2M | $415.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.51 | +0.015% | — | $221.8M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0146% | 1h | 119.53 | +0.034% | $26.8M | $27.5M | 50x | as long as short |
| Kraken Futures PF_SOLUSDlong | +0.0149% | 1h | 119.49 | long leg | $32.7M | $94.9M | 100x | |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0089% | 1h | 119.49 | −0.002% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.51 | +0.015% | $1.1M | $558K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.59 | +0.086% | $1.7M | $5.9M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.13 | −0.300% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.44 | −0.041% | $52.1M | $84.7M | 125x | as long as short |
Aftermath Perps SOLUSD
Orderly PERP_SOL_USDC
HTX SOL-USDT
BingX SOL-USDC
01 Exchange SOLUSD
Lighter SOL
Lighter RH SOL
Gate SOL_USDT
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT