SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.022%

Price spread now: 01 Exchange against Deribit−0.129%7-day average +0.010% · 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−$37as in the Price arb table

costs, in and out, $10k−$240.235% of the position

Long on Deribit Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.116%+$12 on $10k

Price spread, last 4 days (all we have)+0.589%+$59 · spread now −0.129%, 7d avg +0.010%

Together, before fees+0.705%+$71 on $10k · with fees, hour by hour

Funding pays, the price is against you. 01 Exchange is 0.140% cheaper against Deribit than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of +0.010%). If the spread goes back, that is −$14 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.116% in total) that is about 4.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SOL_USDC-PERPETUAL	117.90	0.0022	pay 0.0003% / 1h	9m 40s	$26.5M	$24.9M	50x
Short	01 Exchange SOLUSD	117.75	0.0064	get 0.0008% / 1h	9m 40s	$100K	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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 DeribitbpFee 01 ExchangebpOrdersPrice spread, now −0.129%Rate

Funding earned: $8.75
Price spread: −0.129% → +0.010%: −$13.95
Slippage, 4 orders: −$9.5
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$28.7
Costs to cover: 0.235%
Break-even: 30.0 days

Slippage from Deribit: live order book, 4 min ago; 01 Exchange: live order book, 54 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 Deribit live order book, 4 min ago	0.04 bp	5.5 bp −$5	6.3 bp −$63	14.3 bp −$1,426	doesn't fit
Sell 01 Exchange live order book, 54 min ago	0.43 bp	6.2 bp −$6	10.2 bp −$102	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	117.81	−0.076%	$921	$8K	25x	as long as short
Bluefin SOL-PERP	−0.0071%	1h	117.83	−0.061%	$25K	$28K	25x	as long as short
Vest SOL-PERP	−0.0071%	1h	117.82	−0.069%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.86	−0.040%	$31.6M	$98.9M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.79	−0.099%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.86	−0.037%	$57K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.74	−0.138%	$4.5M	$24.1M	20x	as long as short
Deribit SOL_USDC-PERPETUALlong	+0.0022%	1h	117.90	long leg	$26.5M	$24.9M	50x
Hibachi SOL/USDT-P	+0.0032%	1h	117.86	−0.036%	$105K	$696K	20x	as long as short
01 Exchange SOLUSDshort	+0.0064%	1h	117.75	−0.129%	$100K	$166K	20x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.89	−0.008%	$7.9M	$404.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0090%	8h	117.87	−0.029%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.75	−0.132%	$13.2M	$60.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.73	−0.148%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.84	−0.053%	$345K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.72	−0.155%	$54K	$852K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.78	−0.104%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.95	+0.044%	$5.8M	$38.8M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.78	−0.103%	$177.3M	$180.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.78	−0.107%	$14.5M	$128.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.72	−0.154%	$970.5M	$3.72B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.77	−0.115%	$830.4M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.75	−0.129%	$366.1M	$1.64B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.91	+0.006%	$234K	$864K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.75	−0.128%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.96	+0.052%	$136.3M	$17.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.74	−0.138%	$859.8M	$655.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.74	−0.138%	$425.2M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.74	−0.136%	$130.8M	$213.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.74	−0.138%	$488.0M	$431.6M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	117.75	−0.126%	—	$363.4M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.85	−0.045%	$23.7M	$37.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.77	−0.111%	$24.4M	$114.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.84	−0.056%	$94.6M	$391.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.69	−0.182%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.83	−0.062%	$1.7M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.80	−0.087%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.91	+0.006%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.86	−0.033%	$200K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.85	−0.043%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.86	−0.036%	$6.2M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.92	+0.014%	$229.0M	$45.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.85	−0.045%	$45.9M	$100.5M	50x	as long as short
Kalshi KXSOLPERP	+0.0102%	8h	117.98	+0.066%	$1.4M	$19.3M	3.1x	as long as short
Extended SOL-USD	+0.0104%	1h	117.69	−0.177%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.97	+0.053%	—	$215.6M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.89	−0.011%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.80	−0.089%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0174%	1h	117.90	−0.002%	$721.4M	$387.3M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.84	−0.056%	$1.1M	$537K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.49	−0.350%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.85	−0.045%	$52.0M	$71.6M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.92	+0.018%	$128K	$3.8M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.86	−0.040%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0402%	1h	117.85	−0.043%	$25K	$52K	20x	as long as short