Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Arcus against Coinbase International−0.047%7-day average +0.015% · 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−$160.163% of the position
Funding, last 4 days (all we have)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.514%+$51 · spread now −0.047%, 7d avg +0.015%
=Funding pays, the price is against you. Arcus is 0.062% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.015%). If the spread goes back, that is −$6 on $10k: about 5.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOL-PERP-INTX | 117.62 | 0.0064 | pay 0.0008% / 1h | 32m 56s | $8.0M | $404.2M | 50x |
| Short | Arcus SOL-USD | 117.57 | 0.0100 | get 0.0013% / 1h | 32m 56s | $2.0M | $9.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Coinbase International. 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
- $7.56
- Price spread: −0.047% → +0.015%
- −$6.19
- Slippage, 4 orders
- −$1.8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$14.92
- Costs to cover
- 0.163%
- Break-even
- 20.8 days
Slippage from Coinbase International: live order book, 1 min ago; Arcus: 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 Coinbase International live order book, 1 min ago | 0.04 bp | 5.0 bp −$5 | 7.2 bp −$72 | 15.1 bp −$1,511 | doesn't fit |
| Sell Arcus live order book, 1 min ago | 0.25 bp | 3.4 bp −$3 | 4.1 bp −$41 | 134.0 bp −$13.4K | 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 | 117.60 | −0.018% | $920 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0062% | 1h | 117.51 | −0.097% | — | $605K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0055% | 1h | 117.61 | −0.011% | $31.7M | $98.4M | 100x | as long as short |
| Derive SOL-PERP | −0.0010% | 1h | 117.52 | −0.091% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.61 | −0.013% | $56K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.51 | −0.099% | $4.5M | $24.1M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.59 | −0.030% | $1.4M | $19.3M | 3.1x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 117.58 | −0.037% | $100K | $163K | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0064% | 1h | 117.50 | −0.107% | $104K | $695K | 20x | as long as short |
| Coinbase International SOL-PERP-INTXlong | +0.0064% | 1h | 117.62 | long leg | $8.0M | $404.2M | 50x |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOL_USDC-PERPETUAL | +0.0066% | 1h | 117.65 | +0.020% | $26.4M | $24.9M | 50x | as long as short |
| BingX SOL-USDT | +0.0070% | 8h | 117.61 | −0.007% | — | $362.8M | — | as long as short |
| HTX SOL-USDT | +0.0081% | 8h | 117.39 | −0.197% | $228.0M | $45.5M | 75x | as long as short |
| Orderly PERP_SOL_USDC | +0.0089% | 8h | 117.61 | −0.014% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.61 | −0.011% | $13.1M | $59.4M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.60 | −0.022% | $2.1M | $16.3M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.60 | −0.019% | $345K | $226K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.53 | −0.079% | $65K | $839K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.61 | −0.011% | $1.0M | $516K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.51 | −0.096% | $5.8M | $39.1M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.63 | +0.006% | $176.4M | $178.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.59 | −0.024% | $14.5M | $128.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.60 | −0.020% | $967.3M | $3.72B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.61 | −0.009% | $825.2M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.58 | −0.037% | $366.7M | $1.63B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.51 | −0.096% | $237K | $852K | 10x | as long as short |
| Arcus SOL-USDshort | +0.0100% | 1h | 117.57 | −0.047% | $2.0M | $9.0M | 20x | |
| Bulk SOL-USD | +0.0100% | 1h | 117.44 | −0.154% | $135.1M | $16.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.60 | −0.020% | $859.1M | $649.1M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.61 | −0.011% | $426.2M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.61 | −0.010% | $130.0M | $212.4M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.58 | −0.034% | $487.3M | $432.9M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.62 | −0.003% | $23.7M | $37.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.44 | −0.154% | $24.3M | $116.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.39 | −0.199% | $94.3M | $399.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.46 | −0.135% | $48.1M | $28.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.45 | −0.145% | $1.5M | $5.9M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.42 | −0.173% | $1.3M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.60 | −0.020% | $353K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.59 | −0.024% | $200K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.59 | −0.028% | $25K | $28K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.50 | −0.104% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.61 | −0.011% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.61 | −0.011% | $45.8M | $100.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.56 | −0.057% | $8.2M | $36.1M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.53 | −0.079% | — | $218.8M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.65 | +0.023% | $6.5M | $13.4M | 25x | as long as short |
| RISEx SOL/USDC | +0.0136% | 1h | 117.66 | +0.028% | $1.9M | $4.9M | 20x | as long as short |
| Hyperliquid SOL | +0.0170% | 1h | 117.73 | +0.091% | $719.3M | $392.3M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 117.59 | −0.032% | $1.1M | $526K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0218% | 1h | 117.38 | −0.207% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.60 | −0.020% | $51.8M | $71.4M | 125x | as long as short |
| Perpl SOL | +0.0223% | 43m | 117.60 | −0.021% | $127K | $3.8M | 8.3x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 117.60 | −0.023% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0390% | 1h | 117.44 | −0.158% | $25K | $51K | 20x | as long as short |
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUAL
BingX SOL-USDT
HTX SOL-USDT
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Phoenix SOL
RISEx SOL/USDC
Hyperliquid SOL
Injective SOL/USDC PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD