SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: Bybit against Paradex−0.047%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on Paradex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.047%, 7d avg −0.001%

Together, before fees−0.003%+ Points / potential airdropParadex: Active · farm board$0 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: Bybit is 0.046% cheaper against Paradex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SOL-USD-PERP	118.98	0.0098	pay 0.0098% / 8h	2h 58m	$1.0M	$525K	50x
Short	Bybit SOLUSDT	118.92	0.0100	get 0.0100% / 8h	2h 58m	$822.3M	$1.27B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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 ParadexbpFee BybitbpOrdersPrice spread, now −0.047%Rate

Funding earned: $0.33
Price spread: −0.047% → −0.001%: −$4.65
Slippage, 4 orders: −$5.16
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$24.49
Costs to cover: 0.202%
Break-even: 533.0 days

Slippage from Paradex: live order book, 1 min ago; Bybit: live order book, 1 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 Paradex live order book, 1 min ago	1.76 bp	3.8 bp −$4	9.3 bp −$93	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.42 bp	5.9 bp −$6	6.2 bp −$62	10.5 bp −$1,051	20.3 bp −$10.2K

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
Injective SOL/USDC PERP	−0.0151%	1h	118.68	−0.250%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0084%	1h	118.94	−0.032%	—	$731K	20x	as long as short
Aftermath Perps SOLUSD	−0.0083%	1h	119.05	+0.062%	$24K	$48K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.05	+0.056%	$844	$8K	25x	as long as short
Derive SOL-PERP	−0.0065%	1h	118.83	−0.127%	$2.0M	$3.2M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.94	−0.032%	$49K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.04	+0.053%	$4.9M	$26.8M	20x	as long as short
Perpl SOL	0.0000%	43m	119.01	+0.026%	$191K	$4.1M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0017%	1h	118.95	−0.025%	$26.7M	$27.9M	50x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	118.98	+0.002%	$104K	$154K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0055%	8h	118.92	−0.053%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0065%	8h	118.86	−0.097%	$231.6M	$43.8M	75x	as long as short
SoDEX SOL-USD	+0.0067%	1h	118.87	−0.091%	$6.2M	$10.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0076%	1h	119.13	+0.127%	$1.5M	$6.3M	50x	as long as short
Gate SOL_USDT	+0.0079%	8h	118.89	−0.074%	$858.0M	$672.4M	100x	as long as short
KuCoin SOLUSDTM	+0.0083%	8h	118.88	−0.080%	$144.5M	$196.5M	75x	as long as short
Bullet SOL-USD	+0.0087%	1h	118.90	−0.065%	$199K	$1.8M	20x	as long as short
Lighter SOL	+0.0096%	1h	118.88	−0.084%	$13.4M	$52.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.86	−0.099%	$2.0M	$16.5M	25x	as long as short
Bitget SOLUSDT	+0.0096%	8h	118.86	−0.098%	$495.9M	$452.4M	100x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.87	−0.089%	$353K	$746K	20x	as long as short
Paradex SOL-USD-PERPlong	+0.0098%	8h	118.98	long leg	$1.0M	$525K	50x
Katana Perps SOL-USD	+0.0100%	8h	119.00	+0.018%	$47K	$786K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.05	+0.061%	$5.6M	$40.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.97	−0.007%	$718.2M	$443.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.88	−0.082%	$179.8M	$175.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.06	+0.068%	$12.4M	$113.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.89	−0.074%	$976.2M	$3.76B	100x	as long as short
Bybit SOLUSDTshort	+0.0100%	8h	118.92	−0.047%	$822.3M	$1.27B	100x
OKX SOL-USDT-SWAP	+0.0100%	8h	118.90	−0.066%	$367.7M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.16	+0.153%	$234K	$868K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.03	+0.044%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.09	+0.092%	$133.4M	$13.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.84	−0.116%	$469.8M	$1.07B	300x	as long as short
BingX SOL-USDT	+0.0100%	8h	118.86	−0.097%	—	$372.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.88	−0.082%	$24.1M	$38.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.33	+0.293%	$27.8M	$126.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.09	+0.090%	$95.6M	$395.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.08	+0.082%	$48.7M	$33.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.10	+0.103%	$1.4M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.96	−0.015%	$361K	$2.4M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.92	−0.048%	$38K	$14K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.86	−0.097%	$193K	$1.9M	30x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.85	−0.108%	$46.4M	$100.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.87	−0.089%	$8.7M	$37.4M	50x	as long as short
Kalshi KXSOLPERP	+0.0111%	8h	119.05	+0.065%	$1.2M	$21.0M	3.1x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.92	−0.052%	$8.0M	$414.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.07	+0.081%	—	$218.3M	500x	as long as short
Hibachi SOL/USDT-P	+0.0128%	1h	119.10	+0.104%	$123K	$608K	20x	as long as short
Phoenix SOL	+0.0149%	1h	119.28	+0.254%	$7.3M	$11.2M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.00	+0.019%	$1.6M	$6.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.94	−0.035%	$1.1M	$558K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.07	+0.077%	$51.7M	$91.1M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.89	−0.074%	$36.1M	$90.7M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0178%	1h	118.94	−0.035%	$3.5M	—	200x	as long as short