SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h −0.038%

Price spread now: Bullet against RISEx−0.061%7-day average +0.027% · 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−$32as in the Price arb table

costs, in and out, $10k−$230.232% of the position

Long on RISEx Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.082%−$8 on $10k

Price spread, last 7 days+0.065%+$7 · spread now −0.061%, 7d avg +0.027%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bullet is 0.088% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.027%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SOL/USDC	119.08	0.0175	pay 0.0022% / 1h	31m 58s	$1.6M	$6.1M	20x
Short	Bullet SOL-USD	119.01	0.0100	get 0.0013% / 1h	31m 58s	$202K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against RISEx. 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 RISExbpFee BulletbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$15.79
Price spread: −0.061% → +0.027%: −$8.82
Slippage, 4 orders: −$9.21
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$47.82
Costs to cover: 0.232%
Break-even: never at this rate

Slippage from RISEx: live order book, 2 min ago; Bullet: 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 RISEx live order book, 2 min ago	0.04 bp	5.9 bp −$6	10.3 bp −$103	doesn't fit	doesn't fit
Sell Bullet live order book, 2 min ago	0.29 bp	5.1 bp −$5	9.0 bp −$90	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
Injective SOL/USDC PERP	−0.0151%	1h	118.89	−0.163%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.95	−0.110%	$2.0M	$3.2M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.06	−0.019%	$844	$8K	25x	as long as short
Vest SOL-PERP	−0.0080%	1h	118.98	−0.092%	—	$724K	20x	as long as short
Aftermath Perps SOLUSD	−0.0008%	1h	118.99	−0.075%	$24K	$47K	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.05	−0.032%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.03	−0.045%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.02	−0.053%	$180K	$4.0M	8.3x	as long as short
dYdX SOL-USD	0.0000%	1h	119.05	−0.031%	$4.9M	$26.9M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0006%	1h	119.09	+0.001%	$26.7M	$27.7M	50x	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	+0.0060%	8h	119.03	−0.042%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0063%	8h	118.96	−0.107%	$231.8M	$43.6M	75x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.05	−0.029%	$104K	$152K	20x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	118.99	−0.082%	$122K	$600K	20x	as long as short
ApeX Omni SOLUSDT	+0.0075%	1h	119.12	+0.029%	$1.5M	$6.2M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.00	−0.071%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0085%	8h	119.00	−0.071%	$868.8M	$681.4M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.02	−0.054%	$13.4M	$53.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.01	−0.062%	$2.0M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.02	−0.051%	$354K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.03	−0.044%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.02	−0.054%	$45K	$781K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.01	−0.063%	$6.5M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.11	+0.021%	$718.6M	$414.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.00	−0.068%	$179.6M	$174.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.10	+0.013%	$12.4M	$114.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.99	−0.079%	$972.7M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.01	−0.060%	$825.2M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.96	−0.105%	$370.8M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.96	−0.105%	$234K	$867K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.11	+0.019%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.01	−0.063%	$474.8M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.06	−0.023%	$142.8M	$196.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.01	−0.065%	$496.7M	$448.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.04	−0.037%	$24.4M	$38.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.00	−0.070%	$27.4M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.99	−0.077%	$95.6M	$397.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.12	+0.030%	$48.8M	$33.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.99	−0.079%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.02	−0.054%	$364K	$2.4M	20x	as long as short
Bullet SOL-USDshort	+0.0100%	1h	119.01	−0.061%	$202K	$1.7M	20x
Bluefin SOL-PERP	+0.0100%	1h	119.04	−0.039%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.00	−0.072%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.02	−0.054%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.01	−0.063%	$46.5M	$100.0M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.71	−0.315%	$133.1M	$11.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.00	−0.074%	$8.7M	$36.9M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.06	−0.019%	$8.1M	$414.5M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.04	−0.036%	—	$216.8M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.03	−0.046%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDClong	+0.0175%	1h	119.08	long leg	$1.6M	$6.1M	20x
Reya SOLRUSDPERP	+0.0180%	1h	119.00	−0.068%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.98	−0.088%	$51.7M	$86.9M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	119.04	−0.041%	$36.0M	$89.4M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0173%	1h	119.04	−0.037%	$3.6M	—	200x	as long as short