SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0351%/8h= +38.4% APRnext payment +$0.44 per $10,000 · paid last 24h +0.040%

Price spread now: RISEx against Polymarket Perps+0.070%7-day average −0.003% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$170.170% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.108%+$11 on $10k

Price spread, last 7 days−0.073%−$7 · spread now +0.070%, 7d avg −0.003%

Together, before fees+0.035%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.073% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.003%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.108% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.44 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	Polymarket Perps SOL-USD	116.48	0.0100	pay 0.0013% / 1h	36m 56s	$312K	$2.8M	20x
Short	RISEx SOL/USDC	116.56	0.0451	get 0.0056% / 1h	36m 56s	$2.1M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Polymarket Perps. 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 Polymarket PerpsbpFee RISExbpOrdersPrice spread, now +0.070%Rate

Funding earned: $73.64
Price spread: +0.070% → −0.003%: $7.3
Slippage, 4 orders: −$3.02
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $63.92
Costs to cover: 0.170%
Break-even: 0.9 days

Slippage from Polymarket Perps: live order book, 2 min ago; RISEx: live order book, 2 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 Polymarket Perps live order book, 2 min ago	0.43 bp	5.2 bp −$5	5.8 bp −$58	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	0.04 bp	3.6 bp −$4	7.0 bp −$70	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	−0.0136%	1h	116.41	−0.059%	$96K	$686K	20x	as long as short
Bybit SOLUSDT	−0.0116%	8h	116.39	−0.077%	$739.8M	$1.44B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.47	−0.008%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0072%	1h	116.50	+0.016%	$33.0M	$105.3M	100x	as long as short
Derive SOL-PERP	−0.0053%	1h	116.40	−0.068%	$1.9M	$3.0M	13x	as long as short
Vest SOL-PERP	−0.0016%	1h	116.45	−0.022%	—	$628K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.42	−0.050%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.50	+0.015%	$1.5M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.45	−0.027%	$110K	$3.6M	8.3x	as long as short
dYdX SOL-USD	+0.0013%	1h	116.47	−0.009%	$4.3M	$23.7M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SOL	+0.0032%	1h	116.46	−0.019%	$2.2M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.52	+0.034%	$100K	$177K	20x	as long as short
Bitget SOLUSDT	+0.0047%	8h	116.40	−0.068%	$479.4M	$462.1M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.50	+0.015%	$8.0M	$404.5M	50x	as long as short
SoDEX SOL-USD	+0.0086%	1h	116.47	−0.009%	$6.1M	$10.9M	20x	as long as short
Aster SOLUSDT	+0.0087%	8h	116.40	−0.069%	$175.7M	$174.6M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0088%	1h	116.54	+0.049%	$26.4M	$21.8M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	116.47	−0.006%	$1.0M	$6.0M	100x	as long as short
Paradex SOL-USD-PERP	+0.0095%	8h	116.48	−0.004%	$1.0M	$551K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.42	−0.047%	$13.1M	$60.5M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.49	+0.008%	$351K	$252K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.43	−0.043%	$64K	$906K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.47	−0.007%	$5.5M	$41.1M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.50	+0.017%	$697.1M	$409.1M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.50	+0.014%	$15.7M	$130.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.41	−0.064%	$966.4M	$3.90B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.42	−0.052%	$368.7M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.41	−0.060%	$217K	$886K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.50	+0.016%	$900K	$8.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.42	−0.052%	$843.4M	$667.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.43	−0.043%	$362.5M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.40	−0.066%	$129.7M	$232.5M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.37	−0.096%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.43	−0.043%	$23.0M	$37.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.51	+0.030%	$24.9M	$111.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.40	−0.068%	$93.4M	$409.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.54	+0.053%	$47.7M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.64	+0.137%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.43	−0.043%	$1.3M	$12.1M	30x	as long as short
Polymarket Perps SOL-USDlong	+0.0100%	1h	116.48	long leg	$312K	$2.8M	20x
Bullet SOL-USD	+0.0100%	1h	116.48	+0.003%	$234K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.48	−0.003%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.48	+0.004%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.44	−0.030%	$225.5M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.43	−0.043%	$45.3M	$105.4M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.55	+0.060%	$124.9M	$24.9M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.39	−0.081%	$8.0M	$39.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.46	−0.020%	—	$236.9M	500x	as long as short
Injective SOL/USDC PERP	+0.0176%	1h	116.50	+0.017%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0178%	1h	116.55	+0.060%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0194%	1h	116.45	−0.022%	$1.1M	$544K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.44	−0.034%	$52.2M	$68.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.49	+0.011%	$3.5M	—	200x	as long as short
RISEx SOL/USDCshort	+0.0451%	1h	116.56	+0.070%	$2.1M	$4.9M	20x
Aftermath Perps SOLUSD	+0.0498%	1h	116.55	+0.062%	$25K	$56K	20x	as long as short