SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.001%

Price spread now: 01 Exchange against Backpack+0.033%7-day average +0.033% · 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−$24as in the Price arb table

costs, in and out, $10k−$240.240% of the position

Long on Backpack Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.030%+$3 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.033%, 7d avg +0.033%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack SOL_USDC_PERP	119.66	0.0100	pay 0.0013% / 1h	51m 58s	$24.2M	$37.8M	50x
Short	01 Exchange SOLUSD	119.70	0.0064	get 0.0008% / 1h	51m 58s	$104K	$157K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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 BackpackbpFee 01 ExchangebpOrdersPrice spread, now +0.033%Rate

Funding earned: −$7.56
Price spread: +0.033% → +0.033%: $0.09
Slippage, 4 orders: −$6.96
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$31.43
Costs to cover: 0.240%
Break-even: never at this rate

Slippage from Backpack: live order book, 2 min ago; 01 Exchange: live order book, 27 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 Backpack live order book, 2 min ago	0.42 bp	5.8 bp −$6	6.7 bp −$67	8.4 bp −$845	1597.0 bp −$798.5K
Sell 01 Exchange live order book, 27 min ago	0.84 bp	6.5 bp −$6	12.0 bp −$120	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
Hotstuff SOL-PERP	−0.0080%	1h	119.77	+0.094%	$849	$8K	25x	as long as short
Vest SOL-PERP	−0.0065%	1h	119.65	−0.012%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0052%	1h	119.53	−0.107%	$2.0M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.63	−0.027%	$113K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.71	+0.042%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.84	+0.153%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.67	+0.006%	$177K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0020%	1h	119.69	+0.025%	$26.8M	$26.0M	50x	as long as short
ApeX Omni SOLUSDT	+0.0053%	1h	119.48	−0.150%	$1.5M	$6.2M	50x	as long as short
01 Exchange SOLUSDshort	+0.0064%	1h	119.70	+0.033%	$104K	$157K	20x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0071%	8h	119.63	−0.028%	$1.1M	$5.9M	100x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.69	+0.023%	—	$371.6M	—	as long as short
HTX SOL-USDT	+0.0088%	8h	119.54	−0.098%	$232.7M	$45.1M	75x	as long as short
Gate SOL_USDT	+0.0088%	8h	119.66	0.000%	$872.5M	$673.7M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.64	−0.013%	$13.7M	$55.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.62	−0.030%	$2.2M	$16.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	119.81	+0.129%	$122K	$639K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.61	−0.045%	$354K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.67	+0.009%	$8.3M	$419.0M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.66	+0.002%	$1.1M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.66	0.000%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.69	+0.029%	$6.1M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.75	+0.075%	$725.0M	$410.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.67	+0.008%	$179.2M	$175.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.71	+0.044%	$12.4M	$119.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.65	−0.007%	$986.0M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.68	+0.017%	$831.8M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.69	+0.025%	$373.7M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.78	+0.100%	$234K	$876K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.70	+0.037%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.35	−0.259%	$133.8M	$7.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.68	+0.017%	$456.7M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.64	−0.014%	$140.1M	$203.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.70	+0.033%	$498.4M	$456.6M	100x	as long as short
Backpack SOL_USDC_PERPlong	+0.0100%	1h	119.66	long leg	$24.2M	$37.8M	50x
Variational Omni SOL	+0.0100%	8h	119.52	−0.118%	$27.4M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.65	−0.008%	$96.1M	$401.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.76	+0.083%	$49.0M	$31.2M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.84	+0.150%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.64	−0.017%	$372K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.65	−0.010%	$203K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.63	−0.027%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.66	+0.003%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.64	−0.017%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.64	−0.017%	$46.7M	$102.5M	50x	as long as short
Aftermath Perps SOLUSD	+0.0100%	1h	119.60	−0.050%	$24K	$47K	20x	as long as short
Phoenix SOL	+0.0100%	1h	119.58	−0.067%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	119.68	+0.018%	$8.7M	$35.9M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	119.66	0.000%	$32.7M	$97.0M	100x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.66	+0.001%	—	$224.6M	500x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.02	−0.535%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.63	−0.024%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.81	+0.125%	$52.1M	$84.5M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.70	+0.033%	$1.7M	$5.3M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0241% / S −0.0186%	1h	119.66	−0.004%	$3.8M	—	200x	as long as short