SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.032%

Price spread now: gTrade (Gains Network) against Kraken Futures+0.208%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−$267as in the Price arb table

costs, in and out, $10k−$2882.876% of the position

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.098%−$10 on $10k

Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.208%, 7d avg +0.004%

Together, before fees−0.202%−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.204% dearer against Kraken Futures than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 3 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOLUSD	118.17	−0.0014	get 0.0002% / 1h	2m 03s	$31.9M	$97.3M	100x
Short	gTrade (Gains Network) SOL/USD	118.42	L 0.0000% / S +0.0004%	pay 0.0001% / 1h	2m 03s	$54K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.208%Rate

Funding earned: $2.11
Price spread: +0.208% → +0.004%: $20.39
Slippage, 4 orders: −$267.57
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$265.08
Costs to cover: 2.876%
Break-even: 887.7 days

Slippage from Kraken Futures: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 82 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 Kraken Futures live order book, 2 min ago	0.42 bp	8.4 bp −$8	9.7 bp −$97	14.5 bp −$1,449	32.3 bp −$16.1K
Sell gTrade (Gains Network) virtual book (oracle venue), 82 min ago	130.06 bp	135.1 bp −$135	135.1 bp −$1,351	749.7 bp −$75.0K	6455.8 bp −$3.23M

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	118.41	+0.202%	$926	$8K	25x	as long as short
Vest SOL-PERP	−0.0079%	1h	118.43	+0.217%	—	$608K	20x	as long as short
HTX SOL-USDT	−0.0068%	8h	118.12	−0.049%	$229.7M	$44.0M	75x	as long as short
Derive SOL-PERP	−0.0063%	1h	118.29	+0.102%	$2.0M	$2.7M	13x	as long as short
Hibachi SOL/USDT-P	−0.0056%	1h	119.13	+0.812%	$106K	$673K	20x	as long as short
dYdX SOL-USD	−0.0016%	1h	118.44	+0.225%	$4.8M	$25.5M	20x	as long as short
Gate SOL_USDT	−0.0015%	8h	118.25	+0.064%	$848.3M	$675.3M	100x	as long as short
Kraken Futures PF_SOLUSDlong	−0.0014%	1h	118.17	long leg	$31.9M	$97.3M	100x
gTrade (Gains Network) SOL/USDshort	L 0.0000% / S +0.0004%	1h	118.42	+0.208%	$54K	—	150x
Kalshi KXSOLPERP	0.0000%	8h	118.51	+0.281%	$1.2M	$20.0M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	118.47	+0.246%	$124K	$3.9M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	118.26	+0.072%	$26.6M	$24.9M	50x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	118.47	+0.250%	$103K	$161K	20x	as long as short
ApeX Omni SOLUSDT	+0.0079%	1h	119.02	+0.716%	$1.5M	$6.1M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.27	+0.079%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0083%	8h	118.38	+0.177%	$1.0M	$5.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.24	+0.057%	$8.1M	$407.3M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.23	+0.044%	$13.2M	$57.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.29	+0.096%	$2.2M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.36	+0.153%	$347K	$254K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.39	+0.178%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.44	+0.225%	$44K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.41	+0.199%	$5.8M	$41.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.41	+0.199%	$724.4M	$396.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.27	+0.081%	$178.9M	$177.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.48	+0.262%	$12.2M	$125.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.28	+0.089%	$972.9M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.28	+0.090%	$822.7M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.26	+0.072%	$369.9M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.38	+0.174%	$233K	$824K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.41	+0.198%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.26	+0.072%	$427.7M	$1.14B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.28	+0.087%	$138.0M	$203.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.24	+0.057%	$491.3M	$441.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.29	+0.098%	$23.9M	$36.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.00	+0.701%	$24.9M	$130.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.17	+0.845%	$95.7M	$401.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.04	+0.731%	$48.7M	$29.5M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.73	+0.470%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.41	+0.199%	$353K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.41	+0.197%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.38	+0.173%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.34	+0.142%	$192K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.17	−0.004%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.30	+0.106%	$46.3M	$99.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.24	+0.897%	$137.6M	$12.7M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	118.22	+0.041%	$8.4M	$35.5M	50x	as long as short
Phoenix SOL	+0.0114%	1h	119.25	+0.910%	$6.6M	$13.6M	25x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.51	+0.288%	—	$225.2M	500x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.38	+0.177%	$1.8M	$4.5M	20x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	119.50	+1.122%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	118.40	+0.188%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.42	+0.208%	$51.9M	$73.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	118.42	+0.205%	$3.7M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0243%	1h	118.99	+0.690%	$25K	$51K	20x	as long as short