Funding you earn now, next payment 03:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.024%
Price spread now: StandX against Phoenix+0.009%57s7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.257% of the position
Funding, last 7 days−0.245%−$25 on $10k
+Price spread, last 7 days−0.164%−$16 · spread now +0.009%, 7d avg −0.107%
=Together, before fees−0.409%+ Points / potential airdropStandX: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.116% dearer against Phoenix than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.107%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.245% in total) that is about 3.3 days. The two prices were read 57 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 | Phoenix SOL | 116.80 | 0.0137 | pay 0.0017% / 1h | 29m 59s | $6.5M | $13.4M | 25x |
| Short | StandX SOL-USD | 116.81 | 0.0100 | get 0.0013% / 1h | 29m 59s | $1.3M | $12.9M | 30x |
Phoenix SOL
StandX SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Phoenix. 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
- −$7.73
- Price spread: +0.009% → −0.107%
- $11.6
- Slippage, 4 orders
- −$10.74
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$21.86
- Costs to cover
- 0.257%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 4 min ago; StandX: live order book, 4 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 Phoenix live order book, 4 min ago | 0.86 bp | 4.6 bp −$5 | 5.7 bp −$57 | 14.5 bp −$1,447 | doesn't fit |
| Sell StandX live order book, 4 min ago | 3.43 bp | 8.3 bp −$8 | 10.6 bp −$106 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0104% | 1h | 116.85 | +0.045% | $103K | $701K | 20x | as long as short |
| Vest SOL-PERP | −0.0097% | 1h | 116.79 | −0.007% | — | $602K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.90 | +0.088% | $914 | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0060% | 1h | 116.83 | +0.022% | $1.9M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.88 | +0.068% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.90 | +0.087% | $1.5M | $18.7M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0001% | 1h | 116.91 | +0.092% | $4.4M | $24.2M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0040% | 1h | 116.90 | +0.086% | $100K | $171K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.95 | +0.125% | $7.5M | $405.7M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.90 | +0.084% | $31.1M | $100.3M | 100x | as long as short |
Hibachi SOL/USDT-P
Vest SOL-PERP
Hotstuff SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
dYdX SOL-USD
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.91 | +0.091% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.91 | +0.090% | $13.1M | $60.0M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.89 | +0.079% | $2.2M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.89 | +0.076% | $348K | $244K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.83 | +0.026% | $51K | $867K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.95 | +0.126% | $1.0M | $535K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.83 | +0.026% | $5.4M | $39.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.08 | +0.240% | $706.7M | $395.9M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.94 | +0.121% | $175.3M | $182.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.93 | +0.108% | $15.8M | $130.4M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.99 | +0.163% | $968.7M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.96 | +0.137% | $787.3M | $1.34B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.99 | +0.163% | $369.8M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.77 | −0.026% | $231K | $848K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.93 | +0.108% | $929K | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.45 | −0.300% | $133.2M | $20.7M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.99 | +0.163% | $845.0M | $660.3M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.00 | +0.171% | $386.0M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.97 | +0.146% | $126.8M | $218.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.95 | +0.132% | $480.7M | $441.1M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.99 | +0.163% | — | $365.3M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.96 | +0.137% | $23.5M | $37.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.77 | −0.022% | $24.4M | $114.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.43 | −0.320% | $93.5M | $398.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.45 | −0.303% | $47.6M | $29.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.60 | −0.170% | $1.2M | $6.6M | 50x | as long as short |
| StandX SOL-USDshort | +0.0100% | 1h | 116.81 | +0.009% | $1.3M | $12.9M | 30x | |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.83 | +0.026% | $321K | $2.6M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.86 | +0.056% | $148K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.88 | +0.068% | $25K | $29K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.89 | +0.078% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.90 | +0.086% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.84 | +0.034% | $226.7M | $47.0M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.90 | +0.086% | $45.7M | $101.9M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.94 | +0.116% | $8.1M | $36.9M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.88 | +0.065% | — | $230.6M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 116.56 | −0.205% | $4K | $2K | 12x | as long as short |
| Phoenix SOLlong | +0.0137% | 1h | 116.80 | long leg | $6.5M | $13.4M | 25x | |
| Deribit SOL_USDC-PERPETUAL | +0.0173% | 1h | 116.95 | +0.130% | $26.4M | $25.3M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.81 | +0.010% | $1.1M | $540K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.86 | +0.051% | $51.8M | $72.5M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0171% | 1h | 116.87 | +0.064% | $3.5M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.89 | +0.077% | $140K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0532% | 1h | 116.68 | −0.100% | $25K | $51K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.96 | +0.136% | $1.9M | $4.9M | 20x | as long as short |
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
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
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Injective SOL/USDC PERP
Deribit SOL_USDC-PERPETUAL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
Aftermath Perps SOLUSD
RISEx SOL/USDC