SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.042%

Price spread now: dYdX against SoDEX−0.026%7-day average +0.023% · 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−$270.266% of the position

Long on SoDEX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.017%−$2 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.026%, 7d avg +0.023%

Together, before fees+0.128%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.049% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SOL-USD	116.39	0.0100	pay 0.0013% / 1h	55m 05s	$6.1M	$10.8M	20x
Short	dYdX SOL-USD	116.36	0	get 0.0000% / 1h	55m 05s	$4.4M	$24.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$21
Price spread: −0.026% → +0.023%: −$4.91
Slippage, 4 orders: −$8.6
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$52.52
Costs to cover: 0.266%
Break-even: never at this rate

Slippage from SoDEX: live order book, 4 min ago; dYdX: 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 SoDEX live order book, 4 min ago	0.43 bp	4.4 bp −$4	5.0 bp −$50	11.2 bp −$1,120	doesn't fit
Sell dYdX live order book, 4 min ago	3.87 bp	8.9 bp −$9	13.4 bp −$134	24.1 bp −$2,407	39.2 bp −$19.6K

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	−0.0240%	1h	116.38	−0.005%	$105K	$705K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0240%	1h	116.41	+0.014%	$31.6M	$103.1M	100x	as long as short
Vest SOL-PERP	−0.0121%	1h	116.27	−0.104%	—	$601K	20x	as long as short
Bybit SOLUSDT	−0.0103%	8h	116.37	−0.017%	$745.3M	$1.41B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.37	−0.015%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0025%	1h	116.30	−0.079%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.33	−0.052%	$42K	—	150x	as long as short
dYdX SOL-USDshort	0.0000%	1h	116.36	−0.026%	$4.4M	$24.2M	20x
01 Exchange SOLUSD	0.0000%	1h	116.33	−0.052%	$99K	$175K	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.41	+0.021%	$1.4M	$19.1M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SOL-USD	+0.0042%	1h	116.29	−0.086%	$147K	$1.6M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.42	+0.023%	$7.8M	$405.4M	50x	as long as short
Bitget SOLUSDT	+0.0081%	8h	116.38	−0.005%	$480.7M	$449.4M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	116.39	−0.002%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.38	−0.009%	$13.0M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.39	+0.004%	$2.2M	$16.5M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.38	−0.011%	$350K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.25	−0.120%	$60K	$899K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.34	−0.042%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.37	−0.021%	$5.3M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.50	+0.095%	$699.1M	$397.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.40	+0.007%	$174.4M	$183.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.38	−0.010%	$15.8M	$130.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.42	+0.027%	$969.7M	$3.84B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.41	+0.017%	$366.9M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.34	−0.043%	$211K	$870K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.35	−0.033%	$917K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.27	−0.107%	$131.6M	$15.2M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.40	+0.009%	$850.7M	$657.6M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.42	+0.026%	$362.8M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.38	−0.007%	$123.9M	$227.3M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.39	+0.003%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.42	+0.026%	$23.0M	$40.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.34	−0.039%	$25.0M	$114.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.30	−0.077%	$93.4M	$402.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.44	+0.041%	$47.7M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.45	+0.049%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.34	−0.043%	$1.3M	$11.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.28	−0.095%	$320K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.35	−0.035%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.31	−0.067%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USDlong	+0.0100%	1h	116.39	long leg	$6.1M	$10.8M	20x
HTX SOL-USDT	+0.0100%	8h	116.33	−0.050%	$225.4M	$48.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.39	0.000%	$45.3M	$103.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.33	−0.052%	$8.1M	$38.4M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0107%	1h	116.44	+0.043%	$26.2M	$22.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.37	−0.017%	—	$236.5M	500x	as long as short
Phoenix SOL	+0.0151%	1h	116.45	+0.052%	$6.5M	$13.7M	25x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.50	+0.095%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.26	−0.113%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.40	+0.009%	$52.1M	$67.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0169%	1h	116.32	−0.063%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.33	−0.049%	$112K	$3.7M	8.3x	as long as short
RISEx SOL/USDC	+0.0547%	1h	116.37	−0.014%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0569%	1h	116.38	−0.005%	$25K	$52K	20x	as long as short