SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h +0.007%

Price spread now: Coinbase International against Orderly+0.174%54s7-day average +0.010% · you sell dearer than you buy

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

Long on Orderly Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.174%, 7d avg +0.010%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.163% dearer against Orderly than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of +0.010%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.053%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SOL_USDC	115.83	0.0095	pay 0.0095% / 8h	2h 40m	$1.0M	$5.9M	100x
Short	Coinbase International SOL-PERP-INTX	116.03	0.0048	get 0.0006% / 1h	40m 23s	$7.7M	$403.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Orderly. 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 OrderlybpFee Coinbase InternationalbpOrdersPrice spread, now +0.174%Rate

Funding earned: −$9.83
Price spread: +0.174% → +0.010%: $16.32
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$9.52
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; Coinbase International: 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 Orderly no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 4 min ago	0.04 bp	5.1 bp −$5	7.3 bp −$73	15.3 bp −$1,533	doesn't fit

Orderly: 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 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_SOLUSD	−0.0241%	1h	116.03	+0.172%	$31.6M	$103.5M	100x	as long as short
Hibachi SOL/USDT-P	−0.0224%	1h	116.07	+0.203%	$104K	$705K	20x	as long as short
Vest SOL-PERP	−0.0122%	1h	115.83	−0.005%	—	$625K	20x	as long as short
Bybit SOLUSDT	−0.0115%	8h	115.81	−0.020%	$740.4M	$1.41B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	115.85	+0.011%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0051%	1h	115.94	+0.090%	$1.9M	$2.9M	13x	as long as short
BingX SOL-USDT	−0.0029%	8h	115.82	−0.008%	—	$367.8M	—	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.83	+0.002%	$41K	—	150x	as long as short
01 Exchange SOLUSD	0.0000%	1h	115.78	−0.046%	$98K	$177K	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.95	+0.100%	$1.5M	$19.2M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	115.78	−0.044%	$112K	$3.7M	8.3x	as long as short
dYdX SOL-USD	+0.0014%	1h	115.75	−0.072%	$4.3M	$24.6M	20x	as long as short
Coinbase International SOL-PERP-INTXshort	+0.0048%	1h	116.03	+0.174%	$7.7M	$403.9M	50x
Bullet SOL-USD	+0.0050%	1h	115.81	−0.022%	$146K	$1.6M	20x	as long as short
Bitget SOLUSDT	+0.0071%	8h	115.80	−0.029%	$479.8M	$453.8M	100x	as long as short
Orderly PERP_SOL_USDClong	+0.0095%	8h	115.83	long leg	$1.0M	$5.9M	100x
Lighter SOL	+0.0096%	1h	115.73	−0.085%	$12.9M	$60.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	115.72	−0.095%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	115.81	−0.021%	$348K	$247K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0096%	1h	116.09	+0.222%	$26.2M	$22.6M	50x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	115.71	−0.106%	$65K	$906K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.73	−0.086%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.75	−0.074%	$5.2M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.86	+0.023%	$689.0M	$400.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	115.78	−0.042%	$173.6M	$183.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	115.78	−0.044%	$15.6M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.83	−0.003%	$966.0M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.81	−0.020%	$359.3M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.71	−0.106%	$213K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.77	−0.052%	$912K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.24	+0.349%	$130.1M	$16.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	115.78	−0.046%	$843.3M	$661.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.81	−0.020%	$354.3M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	115.76	−0.065%	$123.3M	$227.9M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	115.82	−0.011%	$22.8M	$40.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.96	+0.106%	$25.0M	$114.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.27	+0.378%	$93.3M	$402.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.31	+0.412%	$47.6M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.31	+0.412%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.12	+0.248%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	115.78	−0.046%	$316K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.80	−0.033%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.08	+0.216%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.02	+0.161%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.87	+0.035%	$224.8M	$49.3M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	115.92	+0.075%	$45.1M	$103.6M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.68	−0.135%	$8.0M	$38.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.77	−0.059%	—	$238.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.619%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.27	+0.377%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.78	−0.044%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	115.81	−0.020%	$51.7M	$67.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.82	−0.008%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	115.81	−0.021%	$1.9M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0596%	1h	116.24	+0.354%	$25K	$52K	20x	as long as short