SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h −0.002%

Price spread now: Bulk against Coinbase International−0.524%7-day average −0.007% · 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−$79as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on Coinbase International Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.011%−$1 on $10k

Price spread, last 3 days (all we have)+0.484%+$48 · spread now −0.524%, 7d avg −0.007%

Together, before fees+0.473%+$47 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bulk is 0.517% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.524% now, against its 7-day average of −0.007%). If the spread goes back, that is −$52 on $10k: about 5 months of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SOL-PERP-INTX	119.38	0.0088	pay 0.0011% / 1h	8m 27s	$8.2M	$410.6M	50x
Short	Bulk SOL-USD	118.76	0.0100	get 0.0013% / 1h	8m 27s	$137.0M	$12.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 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 Coinbase InternationalbpFee BulkbpOrdersPrice spread, now −0.524%Rate

Funding earned: $2.52
Price spread: −0.524% → −0.007%: −$51.68
Slippage, 4 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$76.16
Costs to cover: 0.270%
Break-even: 218.6 days

Slippage from Coinbase International: live order book, 6 min ago; Bulk: 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, 6 min ago	0.04 bp	6.5 bp −$6	9.4 bp −$94	17.4 bp −$1,744	doesn't fit
Sell Bulk live order book, 1 min ago	4.19 bp	7.7 bp −$8	7.7 bp −$77	14.6 bp −$1,455	15.8 bp −$7,882

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
Derive SOL-PERP	−0.0082%	1h	119.31	−0.063%	$2.0M	$2.7M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.36	−0.023%	$933	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	119.20	−0.152%	—	$608K	20x	as long as short
Hibachi SOL/USDT-P	−0.0048%	1h	119.42	+0.032%	$109K	$670K	20x	as long as short
HTX SOL-USDT	−0.0029%	8h	119.30	−0.066%	$232.1M	$43.9M	75x	as long as short
dYdX SOL-USD	−0.0017%	1h	119.22	−0.136%	$4.9M	$25.5M	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	119.37	−0.014%	$32.4M	$97.1M	100x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.40	+0.017%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.40	+0.016%	$1.2M	$20.0M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.45	+0.059%	$125K	$3.9M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0037%	1h	119.43	+0.038%	$26.8M	$24.8M	50x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	119.23	−0.128%	$104K	$161K	20x	as long as short
Gate SOL_USDT	+0.0059%	8h	119.16	−0.187%	$855.2M	$673.4M	100x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.19	−0.162%	—	$366.1M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	119.40	+0.012%	$1.1M	$5.9M	100x	as long as short
Coinbase International SOL-PERP-INTXlong	+0.0088%	1h	119.38	long leg	$8.2M	$410.6M	50x
ApeX Omni SOLUSDT	+0.0090%	1h	119.16	−0.187%	$1.5M	$6.0M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.22	−0.140%	$13.7M	$57.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.17	−0.178%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.40	+0.010%	$350K	$253K	20x	as long as short
Bluefin SOL-PERP	+0.0097%	1h	119.39	+0.003%	$37K	$17K	25x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.17	−0.174%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.21	−0.145%	$46K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.15	−0.194%	$6.1M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.32	−0.053%	$730.9M	$394.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.28	−0.089%	$180.3M	$176.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.24	−0.123%	$12.3M	$125.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.21	−0.145%	$981.6M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.24	−0.120%	$828.9M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.20	−0.153%	$372.4M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.34	−0.036%	$234K	$834K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.17	−0.174%	$2.1M	$8.8M	20x	as long as short
Bulk SOL-USDshort	+0.0100%	1h	118.76	−0.524%	$137.0M	$12.6M	20x
MEXC SOL_USDT	+0.0100%	8h	119.18	−0.170%	$433.5M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.25	−0.107%	$139.2M	$203.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.21	−0.148%	$494.8M	$438.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.36	−0.019%	$24.1M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.19	−0.166%	$24.9M	$130.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.20	−0.157%	$95.7M	$400.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.13	−0.209%	$48.8M	$29.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.38	−0.003%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.22	−0.137%	$361K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.40	+0.011%	$203K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.38	0.000%	$194K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.37	−0.011%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.38	−0.003%	$46.8M	$99.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.15	−0.193%	$8.6M	$34.9M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.28	−0.086%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.32	−0.054%	—	$225.6M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	119.20	−0.156%	$1.8M	$4.5M	20x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.01	−0.312%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	119.21	−0.146%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.39	+0.006%	$52.1M	$74.3M	125x	as long as short
Aftermath Perps SOLUSD	+0.0224%	1h	119.28	−0.085%	$25K	$51K	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	119.40	+0.015%	$3.7M	—	200x	as long as short