SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.020%

Price spread now: Ondo Perps against Phoenix−0.026%7-day average −0.122% · you buy dearer than you sell

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

Long on Phoenix Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.243%−$24 on $10k

Price spread, last 7 days−0.187%−$19 · spread now −0.026%, 7d avg −0.122%

Together, before fees−0.430%+ Points / potential airdropOndo Perps: Active · farm board−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 0.096% dearer against Phoenix than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.122%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix SOL	116.66	0.0178	pay 0.0022% / 1h	43m 13s	$6.5M	$13.6M	25x
Short	Ondo Perps SOL-USD.P	116.63	0.0100	get 0.0013% / 1h	43m 13s	$217K	$888K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Phoenix. 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 PhoenixbpFee Ondo PerpsbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$16.37
Price spread: −0.026% → −0.122%: $9.64
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$18.73
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 6 min ago; Ondo Perps: 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 Phoenix live order book, 6 min ago	0.86 bp	4.6 bp −$5	5.7 bp −$57	15.3 bp −$1,532	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Hibachi SOL/USDT-P	−0.0120%	1h	116.63	−0.026%	$97K	$687K	20x	as long as short
Bybit SOLUSDT	−0.0112%	8h	116.49	−0.146%	$741.3M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.56	−0.085%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.59	−0.061%	$33.1M	$105.3M	100x	as long as short
Derive SOL-PERP	−0.0053%	1h	116.51	−0.130%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0011%	1h	116.54	−0.101%	—	$628K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.62	−0.038%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.58	−0.065%	$1.5M	$19.5M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.63	−0.027%	$109K	$3.6M	8.3x	as long as short
dYdX SOL-USD	+0.0013%	1h	116.51	−0.131%	$4.3M	$23.8M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0040%	1h	116.59	−0.060%	$100K	$176K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.58	−0.069%	$8.1M	$405.2M	50x	as long as short
Bitget SOLUSDT	+0.0049%	8h	116.55	−0.099%	$480.0M	$462.4M	100x	as long as short
Lighter RH SOL	+0.0056%	1h	116.53	−0.111%	$2.2M	$16.8M	25x	as long as short
SoDEX SOL-USD	+0.0061%	1h	116.54	−0.103%	$6.1M	$10.9M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	116.57	−0.077%	$1.0M	$6.0M	100x	as long as short
Aster SOLUSDT	+0.0090%	8h	116.57	−0.077%	$175.8M	$176.2M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.55	−0.098%	$13.1M	$60.4M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.60	−0.050%	$351K	$252K	20x	as long as short
Paradex SOL-USD-PERP	+0.0096%	8h	116.54	−0.106%	$1.0M	$551K	50x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.55	−0.094%	$64K	$908K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.60	−0.052%	$5.5M	$41.1M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.66	0.000%	$697.8M	$410.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.57	−0.075%	$15.7M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.53	−0.111%	$968.0M	$3.90B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.51	−0.129%	$370.5M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.Pshort	+0.0100%	1h	116.63	−0.026%	$217K	$888K	10x
Arcus SOL-USD	+0.0100%	1h	116.62	−0.038%	$903K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	−0.094%	$125.4M	$23.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.56	−0.086%	$844.3M	$666.2M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.57	−0.077%	$362.0M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.55	−0.093%	$129.2M	$232.4M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.54	−0.100%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.56	−0.086%	$23.1M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.33	−0.279%	$24.8M	$112.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.37	−0.251%	$93.4M	$411.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.44	−0.189%	$47.7M	$31.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.44	−0.189%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.65	−0.009%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.55	−0.094%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.60	−0.050%	$234K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.60	−0.055%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.59	−0.064%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.50	−0.135%	$225.6M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.53	−0.111%	$45.3M	$105.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.52	−0.117%	$8.0M	$39.3M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0116%	1h	116.62	−0.035%	$26.4M	$21.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.57	−0.080%	—	$237.0M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.50	−0.137%	$4K	$2K	12x	as long as short
Phoenix SOLlong	+0.0178%	1h	116.66	long leg	$6.5M	$13.6M	25x
Reya SOLRUSDPERP	+0.0194%	1h	116.53	−0.111%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.51	−0.129%	$52.4M	$68.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.62	−0.038%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0451%	1h	116.68	+0.014%	$2.1M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0494%	1h	116.65	−0.010%	$25K	$56K	20x	as long as short