Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.003%
Price spread now: Coinbase International against MEXC+0.102%51s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$140.141% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.456%−$46 · spread now +0.102%, 7d avg +0.011%
=The price spread pays, funding is against you. Coinbase International is 0.091% dearer against MEXC than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of +0.011%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOL_USDT | 115.96 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $371.3M | $1.06B | 300x |
| Short | Coinbase International SOL-PERP-INTX | 116.08 | 0.0040 | get 0.0005% / 1h | 32m 28s | $7.7M | $390.7M | 50x |
MEXC SOL_USDT
Coinbase International SOL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- −$12.6
- Price spread: +0.102% → +0.011%
- $9.1
- Slippage, 4 orders
- −$2.1
- Fee MEXC: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$17.6
- Costs to cover
- 0.141%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Coinbase International: live order book, 2 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 MEXC live order book, 2 min ago | 0.43 bp | 1.4 bp −$1 | 1.4 bp −$14 | 2.3 bp −$227 | 5.1 bp −$2,559 |
| Sell Coinbase International live order book, 2 min ago | 0.04 bp | 6.1 bp −$6 | 9.3 bp −$93 | 16.9 bp −$1,690 | 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 | 116.17 | +0.177% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.08 | +0.105% | $32.2M | $105.2M | 100x | as long as short |
| Bybit SOLUSDT | −0.0003% | 8h | 115.94 | −0.017% | $728.2M | $1.39B | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.07 | +0.096% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.05 | +0.078% | $4.3M | $23.3M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.08 | +0.100% | $1.4M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.01 | +0.045% | $102K | $3.4M | 8.3x | as long as short |
| Vest SOL-PERP | +0.0003% | 1h | 115.98 | +0.020% | — | $636K | 20x | as long as short |
| Derive SOL-PERP | +0.0007% | 1h | 116.15 | +0.164% | $1.8M | $2.9M | 13x | as long as short |
| Bitget SOLUSDT | +0.0024% | 8h | 115.96 | 0.000% | $478.3M | $446.8M | 100x | as long as short |
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
Vest SOL-PERP
Derive SOL-PERP
Bitget SOLUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTXshort | +0.0040% | 1h | 116.08 | +0.102% | $7.7M | $390.7M | 50x | |
| Deribit SOL_USDC-PERPETUAL | +0.0042% | 1h | 116.11 | +0.127% | $26.1M | $21.4M | 50x | as long as short |
| Aster SOLUSDT | +0.0052% | 8h | 115.96 | −0.001% | $176.0M | $169.4M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 115.98 | +0.018% | $1.0M | $5.8M | 100x | as long as short |
| SoDEX SOL-USD | +0.0078% | 1h | 116.04 | +0.069% | $6.1M | $11.0M | 20x | as long as short |
| Gate SOL_USDT | +0.0089% | 8h | 115.97 | +0.009% | $844.5M | $612.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.03 | +0.060% | $13.0M | $56.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.02 | +0.053% | $2.2M | $14.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.00 | +0.032% | $350K | $249K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 116.04 | +0.071% | $1.0M | $554K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 115.98 | +0.017% | $58K | $906K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.03 | +0.060% | $5.4M | $41.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.07 | +0.095% | $693.1M | $405.0M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.07 | +0.097% | $15.6M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 115.96 | −0.004% | $958.4M | $3.82B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 115.98 | +0.017% | $365.7M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.07 | +0.095% | $217K | $844K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.02 | +0.051% | $948K | $8.4M | 20x | as long as short |
| MEXC SOL_USDTlong | +0.0100% | 8h | 115.96 | long leg | $371.3M | $1.06B | 300x | |
| KuCoin SOLUSDTM | +0.0100% | 8h | 115.99 | +0.023% | $129.3M | $237.5M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 115.97 | +0.007% | — | $370.9M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.05 | +0.078% | $22.8M | $36.3M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.19 | +0.195% | $24.8M | $104.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.19 | +0.197% | $93.3M | $404.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.20 | +0.206% | $47.5M | $28.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.33 | +0.316% | $1.2M | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.09 | +0.112% | $1.3M | $11.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.00 | +0.034% | $317K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 115.97 | +0.012% | $282K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.00 | +0.035% | $188K | $1.7M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.32 | +0.312% | $225.2M | $50.5M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.06 | +0.086% | $45.1M | $102.9M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.25 | +0.248% | $125.8M | $25.7M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 115.95 | −0.008% | $8.3M | $36.0M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0112% | 1h | 116.05 | +0.078% | $101K | $183K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.06 | +0.085% | — | $230.4M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.12 | +0.138% | $6.5M | $13.4M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0136% | 1h | 116.23 | +0.232% | $101K | $682K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | +0.328% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0197% | 1h | 115.94 | −0.020% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.02 | +0.052% | $51.9M | $63.3M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 115.98 | +0.020% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0407% | 1h | 116.21 | +0.218% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.04 | +0.069% | $2.1M | $4.8M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0507% | 1h | 116.00 | +0.030% | $27K | $36K | 25x | as long as short |
Deribit SOL_USDC-PERPETUAL
Aster SOLUSDT
Orderly PERP_SOL_USDC
SoDEX SOL-USD
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
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
Bullet SOL-USD
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
01 Exchange SOLUSD
Jupiter Perps SOL-PERP
Phoenix SOL
Hibachi SOL/USDT-P
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC
Bluefin SOL-PERP