Funding you earn now, next payment 21:00 UTC+0.0433%/8h= +47.4% APRnext payment +$0.54 per $10,000 · paid last 24h +0.155%
Price spread now: Injective against Pacifica−0.637%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Injective is 0.637% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.637% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$64 on $10k: about 4.9 days of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.070% in total) that is about 2 months. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SOL | 119.05 | 0.0100 | pay 0.0013% / 1h | 29m 35s | $13.4M | $109.6M | 20x |
| Short | Injective SOL/USDC PERP | 118.29 | 0.0533 | get 0.0067% / 1h | 29m 35s | $4K | $2K | 12x |
Pacifica SOL
Injective SOL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. 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
- $90.91
- Price spread: −0.637% → 0.000%
- −$63.7
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $19.19
- Costs to cover
- 0.080%
- Break-even
- 5.5 days
Slippage unknown: Pacifica: live order book, 5 min ago; Injective: no order-book sample. 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 Pacifica live order book, 5 min ago | 0.42 bp | 4.4 bp −$4 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest SOL-PERP | −0.0096% | 1h | 119.10 | +0.045% | — | $731K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.05 | +0.005% | $844 | $8K | 25x | as long as short |
| Aftermath Perps SOLUSD | −0.0065% | 1h | 119.11 | +0.049% | $24K | $48K | 20x | as long as short |
| dYdX SOL-USD | −0.0018% | 1h | 119.10 | +0.043% | $4.9M | $26.4M | 20x | as long as short |
| Derive SOL-PERP | −0.0001% | 1h | 119.02 | −0.020% | $2.0M | $3.0M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.10 | +0.047% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.21 | +0.140% | $1.2M | $21.0M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.13 | +0.066% | $196K | $4.1M | 8.3x | as long as short |
| 01 Exchange SOLUSD | +0.0024% | 1h | 118.98 | −0.057% | $105K | $148K | 20x | as long as short |
| HTX SOL-USDT | +0.0052% | 8h | 119.18 | +0.111% | $232.3M | $43.1M | 75x | as long as short |
Vest SOL-PERP
Hotstuff SOL-PERP
Aftermath Perps SOLUSD
dYdX SOL-USD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
01 Exchange SOLUSD
HTX SOL-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0055% | 8h | 119.10 | +0.042% | $1.1M | $5.8M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0061% | 1h | 119.13 | +0.073% | $26.7M | $27.8M | 50x | as long as short |
| KuCoin SOLUSDTM | +0.0067% | 8h | 119.03 | −0.011% | $136.9M | $182.8M | 75x | as long as short |
| Gate SOL_USDT | +0.0078% | 8h | 119.04 | −0.007% | $858.9M | $674.8M | 100x | as long as short |
| Bitget SOLUSDT | +0.0080% | 8h | 119.06 | +0.006% | $498.0M | $448.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.02 | −0.026% | $13.4M | $51.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.00 | −0.041% | $2.1M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.05 | +0.004% | $354K | $749K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 119.02 | −0.024% | $1.0M | $504K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.06 | +0.010% | $48K | $778K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.83 | −0.183% | $5.6M | $40.2M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.15 | +0.085% | $719.7M | $436.2M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.03 | −0.012% | $179.6M | $172.9M | 100x | as long as short |
| Pacifica SOLlong | +0.0100% | 1h | 119.05 | long leg | $13.4M | $109.6M | 20x | |
| Binance SOLUSDT | +0.0100% | 8h | 118.96 | −0.074% | $976.3M | $3.72B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.91 | −0.117% | $820.0M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.82 | −0.192% | $367.5M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.98 | −0.057% | $234K | $858K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.11 | +0.052% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.26 | +0.175% | $133.2M | $15.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.04 | −0.007% | $479.5M | $1.05B | 300x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 119.03 | −0.013% | — | $10.4M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.06 | +0.010% | $24.4M | $37.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.18 | +0.113% | $27.8M | $120.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.14 | +0.080% | $95.7M | $393.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.22 | +0.141% | $48.8M | $33.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.02 | −0.024% | $1.5M | $6.3M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.16 | +0.094% | $1.4M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.17 | +0.102% | $363K | $2.3M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.08 | +0.030% | $200K | $1.8M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.10 | +0.047% | $38K | $14K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.21 | +0.137% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.06 | +0.010% | $6.2M | $10.9M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.08 | +0.027% | $46.5M | $98.5M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.04 | −0.004% | $8.7M | $37.0M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0104% | 1h | 119.10 | +0.042% | $8.1M | $409.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.21 | +0.137% | — | $216.5M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0131% | 1h | 119.09 | +0.032% | $36.4M | $90.8M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0136% | 1h | 119.19 | +0.117% | $130K | $580K | 20x | as long as short |
| Phoenix SOL | +0.0149% | 1h | 119.25 | +0.169% | $7.2M | $11.3M | 25x | as long as short |
| RISEx SOL/USDC | +0.0160% | 1h | 119.08 | +0.023% | $1.6M | $6.5M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.12 | +0.062% | $1.1M | $553K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.14 | +0.077% | $51.5M | $89.9M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0237% / S −0.0181% | 1h | 119.10 | +0.044% | $3.5M | — | 200x | as long as short |
| Injective SOL/USDC PERPshort | +0.0533% | 1h | 118.29 | −0.637% | $4K | $2K | 12x |
Orderly PERP_SOL_USDC
Deribit SOL_USDC-PERPETUAL
KuCoin SOLUSDTM
Gate SOL_USDT
Bitget SOLUSDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
BingX SOL-USDC
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Kraken Futures PF_SOLUSD
Hibachi SOL/USDT-P
Phoenix SOL
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]