Funding you earn now, next payment 06:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h 0.000%
Price spread now: Bulk against Bybit+0.011%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−$27as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 4 days (all we have)+0.005%+$1 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.011%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$6 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 0.005% in total (about 0.5% a year). A funding rate is set anew for every payment. 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 | Bybit SOLUSDT | 116.25 | −0.0098 | get 0.0098% / 8h | 2h 59m | $745.9M | $1.40B | 100x |
| Short | Bulk SOL-USD | 116.27 | 0.0100 | get 0.0013% / 1h | 59m 40s | $131.6M | $15.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Bybit. 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
- $41.53
- Price spread: +0.011% → +0.004%
- $0.71
- Slippage, 4 orders
- −$9.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $14.78
- Costs to cover
- 0.274%
- Break-even
- 4.5 days
Slippage from Bybit: live order book, 5 min ago; Bulk: 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 Bybit live order book, 5 min ago | 0.43 bp | 5.9 bp −$6 | 6.9 bp −$69 | 9.1 bp −$906 | 19.2 bp −$9,576 |
| Sell Bulk live order book, 4 min ago | 4.29 bp | 7.8 bp −$8 | 7.8 bp −$78 | 7.8 bp −$779 | 7.8 bp −$3,897 |
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 | −0.0232% | 1h | 116.32 | +0.059% | $105K | $705K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0194% | 1h | 116.31 | +0.053% | $31.6M | $103.2M | 100x | as long as short |
| Vest SOL-PERP | −0.0115% | 1h | 116.26 | +0.010% | — | $601K | 20x | as long as short |
| Bybit SOLUSDTlong | −0.0098% | 8h | 116.25 | long leg | $745.9M | $1.40B | 100x | |
| Derive SOL-PERP | −0.0025% | 1h | 116.26 | +0.004% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.32 | +0.058% | $42K | — | 150x | as long as short |
| 01 Exchange SOLUSD | 0.0000% | 1h | 116.35 | +0.083% | $99K | $175K | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.34 | +0.075% | $1.4M | $19.1M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0011% | 1h | 116.40 | +0.126% | $4.4M | $24.2M | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.30 | +0.038% | $7.6M | $404.4M | 50x | 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 | +0.0068% | 1h | 116.31 | +0.047% | $147K | $1.6M | 20x | as long as short |
| Hotstuff SOL-PERP | +0.0080% | 1h | 116.37 | +0.102% | $1K | $8K | 25x | as long as short |
| Bitget SOLUSDT | +0.0084% | 8h | 116.31 | +0.047% | $480.6M | $449.1M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0095% | 8h | 116.33 | +0.066% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.38 | +0.108% | $13.1M | $59.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.38 | +0.112% | $2.2M | $16.5M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.32 | +0.060% | $350K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.30 | +0.040% | $60K | $899K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.39 | +0.119% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.30 | +0.037% | $5.3M | $40.4M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.35 | +0.079% | $174.3M | $183.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.41 | +0.136% | $15.8M | $130.4M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.34 | +0.075% | $970.1M | $3.84B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.30 | +0.040% | $367.1M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.37 | +0.101% | $214K | $865K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.40 | +0.130% | $918K | $8.8M | 20x | as long as short |
| Bulk SOL-USDshort | +0.0100% | 1h | 116.27 | +0.011% | $131.6M | $15.2M | 20x | |
| Gate SOL_USDT | +0.0100% | 8h | 116.38 | +0.109% | $853.2M | $656.1M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.37 | +0.101% | $373.0M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.38 | +0.108% | $123.4M | $227.1M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.34 | +0.074% | — | $365.3M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.30 | +0.040% | $22.9M | $40.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.20 | −0.042% | $25.0M | $114.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.28 | +0.022% | $93.3M | $402.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.30 | +0.040% | $47.6M | $30.9M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.36 | +0.090% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.37 | +0.101% | $1.3M | $11.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.30 | +0.040% | $320K | $2.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.31 | +0.049% | $25K | $32K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.33 | +0.063% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.32 | +0.058% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.31 | +0.046% | $225.4M | $48.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.33 | +0.066% | $45.3M | $103.4M | 50x | as long as short |
| Hyperliquid SOL | +0.0102% | 1h | 116.40 | +0.126% | $700.4M | $395.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.29 | +0.028% | $8.3M | $37.9M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.50 | +0.212% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.31 | +0.047% | — | $236.1M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0143% | 1h | 116.37 | +0.103% | $26.2M | $23.1M | 50x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.36 | +0.092% | $6.5M | $13.8M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0192% | 1h | 116.28 | +0.023% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.35 | +0.083% | $51.8M | $67.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0179% | 1h | 116.32 | +0.057% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.30 | +0.041% | $114K | $3.7M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0547% | 1h | 116.44 | +0.160% | $1.9M | $4.8M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0567% | 1h | 116.40 | +0.127% | $25K | $52K | 20x | as long as short |
Bybit SOLUSDT
Bulk SOL-USD
Kraken Futures PF_SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
01 Exchange SOLUSD
Kalshi KXSOLPERP
Coinbase International SOL-PERP-INTX
Bullet SOL-USD
Bitget SOLUSDT
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Hyperliquid SOL
Extended SOL-USD
Injective SOL/USDC PERP
Deribit SOL_USDC-PERPETUAL
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD