SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0484%/8h= −53.0% APRnext payment −$0.61 per $10,000 · paid last 24h −0.038%

Price spread now: Kraken Futures against RISEx−0.021%7-day average −0.018% · 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−$22as in the Price arb table

costs, in and out, $10k−$210.214% of the position

Long on RISEx Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.072%−$7 on $10k

Price spread, last 4 days (all we have)−0.222%−$22 · spread now −0.021%, 7d avg −0.018%

Together, before fees−0.294%−$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.072% in total (about -7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.61 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	116.82	0.0559	pay 0.0070% / 1h	44m 04s	$1.9M	$4.9M	20x
Short	Kraken Futures PF_SOLUSD	116.79	0.0075	get 0.0009% / 1h	44m 04s	$31.1M	$100.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$101.65
Price spread: −0.021% → −0.018%: −$0.37
Slippage, 4 orders: −$5.44
Fee RISEx: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$123.45
Costs to cover: 0.214%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; Kraken Futures: live order book, 5 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, 5 min ago	0.04 bp	3.0 bp −$3	6.5 bp −$65	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	1.29 bp	7.0 bp −$7	9.7 bp −$97	14.5 bp −$1,445	25.5 bp −$12.7K

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
Vest SOL-PERP	−0.0088%	1h	116.67	−0.131%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.65	−0.146%	$912	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0048%	1h	116.63	−0.159%	$103K	$700K	20x	as long as short
Derive SOL-PERP	−0.0016%	1h	116.71	−0.097%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.79	−0.026%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.71	−0.094%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	0.0000%	1h	116.71	−0.094%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	116.78	−0.034%	$100K	$169K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.79	−0.028%	$7.6M	$404.9M	50x	as long as short
Kraken Futures PF_SOLUSDshort	+0.0075%	1h	116.79	−0.021%	$31.1M	$100.3M	100x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0091%	8h	116.80	−0.014%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.78	−0.034%	$13.1M	$59.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.78	−0.030%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.78	−0.037%	$342K	$236K	20x	as long as short
Katana Perps SOL-USD	+0.0098%	8h	116.70	−0.102%	$50K	$866K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0099%	1h	116.82	+0.004%	$26.3M	$25.3M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.78	−0.033%	$989K	$534K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.70	−0.105%	$5.5M	$39.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.86	+0.035%	$707.2M	$395.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.76	−0.050%	$175.5M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.77	−0.044%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.75	−0.056%	$966.5M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.69	−0.110%	$789.0M	$1.33B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.74	−0.068%	$366.9M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.66	−0.136%	$232K	$848K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.59	−0.195%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.65	−0.145%	$133.5M	$20.6M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.79	−0.025%	$846.9M	$655.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.80	−0.016%	$419.3M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.75	−0.058%	$126.4M	$216.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.70	−0.103%	$479.3M	$441.1M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.78	−0.035%	—	$365.1M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.79	−0.025%	$23.3M	$37.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.49	−0.279%	$24.4M	$114.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.46	−0.304%	$93.5M	$398.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.48	−0.289%	$47.6M	$29.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.58	−0.208%	$1.2M	$6.5M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.62	−0.171%	$1.3M	$13.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.75	−0.059%	$322K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.77	−0.040%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.74	−0.064%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.77	−0.042%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.78	−0.034%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.70	−0.100%	$226.5M	$46.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.74	−0.068%	$45.6M	$101.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.68	−0.119%	$7.9M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.77	−0.046%	—	$228.4M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	−0.222%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.52	−0.256%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.73	−0.080%	$1.1M	$539K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.63	−0.162%	$51.7M	$71.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.79	−0.025%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.75	−0.064%	$141K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0497%	1h	116.69	−0.112%	$25K	$51K	20x	as long as short
RISEx SOL/USDClong	+0.0559%	1h	116.82	long leg	$1.9M	$4.9M	20x