Funding you earn now, next payment 08:00 UTC−0.0440%/8h= −48.2% APRnext payment −$0.55 per $10,000 · paid last 24h −0.046%
Price spread now: Coinbase International against RISEx+0.134%7-day average −0.004% · 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−$5as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 4 days (all we have)−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)−0.600%−$60 · spread now +0.134%, 7d avg −0.004%
=The price spread pays, funding is against you. Coinbase International is 0.138% dearer against RISEx than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of −0.004%): +$14 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 4 days (−0.110% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.110% in total (about -10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.55 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 | RISEx SOL/USDC | 116.57 | 0.0480 | pay 0.0060% / 1h | 22m 54s | $2.2M | $4.8M | 20x |
| Short | Coinbase International SOL-PERP-INTX | 116.72 | 0.0040 | get 0.0005% / 1h | 22m 54s | $7.8M | $389.8M | 50x |
RISEx SOL/USDC
Coinbase International SOL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against RISEx. 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
- −$92.42
- Price spread: +0.134% → −0.004%
- $13.83
- Slippage, 4 orders
- −$2.76
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$97.35
- Costs to cover
- 0.188%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 1 min ago; Coinbase International: 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 RISEx live order book, 1 min ago | 0.04 bp | 3.9 bp −$4 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 0.04 bp | 5.9 bp −$6 | 8.1 bp −$81 | 16.1 bp −$1,613 | 318.7 bp −$159.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.53 | −0.029% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0065% | 1h | 115.82 | −0.638% | $1.8M | $2.9M | 13x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.74 | +0.146% | $32.4M | $103.8M | 100x | as long as short |
| Bybit SOLUSDT | −0.0024% | 8h | 116.68 | +0.096% | $730.1M | $1.37B | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.64 | +0.062% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.66 | +0.080% | $1.4M | $19.2M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.64 | +0.065% | $100K | $3.2M | 8.3x | as long as short |
| Vest SOL-PERP | +0.0004% | 1h | 116.50 | −0.060% | — | $640K | 20x | as long as short |
| dYdX SOL-USD | +0.0021% | 1h | 116.24 | −0.283% | $7.5M | $24.4M | 20x | as long as short |
| Bitget SOLUSDT | +0.0022% | 8h | 116.69 | +0.101% | $481.8M | $440.0M | 100x | as long as short |
Hotstuff SOL-PERP
Derive SOL-PERP
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Vest SOL-PERP
dYdX SOL-USD
Bitget SOLUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTXshort | +0.0040% | 1h | 116.72 | +0.134% | $7.8M | $389.8M | 50x | |
| Aster SOLUSDT | +0.0051% | 8h | 116.66 | +0.079% | $177.0M | $169.1M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0066% | 8h | 116.66 | +0.079% | $1.0M | $5.7M | 100x | as long as short |
| Phemex SOLUSDT | +0.0069% | 8h | 116.65 | +0.070% | $45.3M | $102.9M | 50x | as long as short |
| Gate SOL_USDT | +0.0079% | 8h | 116.64 | +0.062% | $844.4M | $617.4M | 100x | as long as short |
| SoDEX SOL-USD | +0.0087% | 1h | 116.69 | +0.104% | $6.0M | $11.1M | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.67 | +0.089% | $13.1M | $56.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.65 | +0.068% | $2.2M | $14.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.64 | +0.058% | $352K | $240K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 116.52 | −0.040% | $1.0M | $553K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.49 | −0.067% | $59K | $905K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.53 | −0.037% | $5.4M | $40.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.80 | +0.199% | $701.4M | $387.3M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.57 | +0.003% | $15.7M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.67 | +0.087% | $962.1M | $3.79B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.71 | +0.122% | $365.9M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.47 | −0.084% | $217K | $844K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.55 | −0.012% | $947K | $8.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.62 | +0.044% | $409.6M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.65 | +0.074% | $130.1M | $236.8M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.62 | +0.046% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.67 | +0.087% | $22.9M | $37.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 115.98 | −0.503% | $24.7M | $104.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.15 | −0.363% | $93.3M | $405.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.18 | −0.330% | $47.6M | $27.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.01 | −0.482% | $1.1M | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.31 | −0.222% | $1.3M | $10.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.60 | +0.027% | $319K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.66 | +0.076% | $283K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.51 | −0.047% | $189K | $1.7M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.63 | +0.056% | $225.8M | $50.2M | 75x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 115.76 | −0.697% | $125.0M | $25.2M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.59 | +0.016% | $8.1M | $35.6M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0104% | 1h | 116.57 | +0.001% | $100K | $185K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.55 | −0.011% | — | $227.4M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.08 | −0.419% | $6.5M | $13.4M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0138% | 1h | 116.75 | +0.157% | $26.2M | $21.2M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0144% | 1h | 116.40 | −0.141% | $104K | $677K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | −0.196% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0197% | 1h | 116.58 | +0.012% | $1.1M | $543K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.66 | +0.079% | $52.3M | $62.3M | 125x | as long as short |
| Bluefin SOL-PERP | +0.0229% | 1h | 116.64 | +0.065% | $27K | $36K | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.66 | +0.076% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0403% | 1h | 116.24 | −0.281% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDClong | +0.0480% | 1h | 116.57 | long leg | $2.2M | $4.8M | 20x |
Aster SOLUSDT
Orderly PERP_SOL_USDC
Phemex SOLUSDT
Gate SOL_USDT
SoDEX SOL-USD
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
HTX SOL-USDT
Bulk SOL-USD
Extended SOL-USD
01 Exchange SOLUSD
Jupiter Perps SOL-PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Hibachi SOL/USDT-P
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
Bluefin SOL-PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD