SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0244%/8h= −26.7% APRnext payment −$0.30 per $10,000 · paid last 24h −0.065%

Price spread now: Vest against Phoenix−0.156%7-day average −0.124% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.226%−$23 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.156%, 7d avg −0.124%

Together, before fees−0.224%+ Points / potential airdropVest: Active · farm board−$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Vest is 0.033% cheaper against Phoenix than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.124%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix SOL	116.77	0.0151	pay 0.0019% / 1h	26m 51s	$6.5M	$13.8M	25x
Short	Vest SOL-PERP	116.59	−0.0093	pay 0.0012% / 1h	26m 51s	—	$601K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Phoenix. 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 PhoenixbpFee VestbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$51.2
Price spread: −0.156% → −0.124%: −$3.29
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$63.49
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

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 Phoenix live order book, 2 min ago	0.86 bp	4.6 bp −$5	5.7 bp −$57	14.4 bp −$1,443	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_SOLUSD	−0.0193%	1h	116.59	−0.156%	$31.0M	$101.1M	100x	as long as short
Hibachi SOL/USDT-P	−0.0176%	1h	116.72	−0.043%	$103K	$701K	20x	as long as short
Vest SOL-PERPshort	−0.0093%	1h	116.59	−0.156%	—	$601K	20x
Hotstuff SOL-PERP	−0.0080%	1h	116.66	−0.097%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.62	−0.131%	$42K	—	150x	as long as short
Bybit SOLUSDT	+0.0001%	8h	116.46	−0.265%	$756.8M	$1.38B	100x	as long as short
dYdX SOL-USD	+0.0010%	1h	116.69	−0.070%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0032%	1h	116.54	−0.201%	$1.9M	$2.9M	13x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.61	−0.139%	$7.6M	$404.9M	50x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	116.63	−0.120%	$99K	$174K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SOL-USD	+0.0090%	1h	116.59	−0.152%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0093%	8h	116.61	−0.138%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.59	−0.153%	$13.1M	$60.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.58	−0.164%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.59	−0.152%	$349K	$246K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.58	−0.163%	$61K	$895K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.62	−0.130%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.64	−0.113%	$5.4M	$40.2M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.65	−0.103%	$704.2M	$394.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.55	−0.187%	$174.6M	$183.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.67	−0.087%	$15.8M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.56	−0.181%	$973.0M	$3.82B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.57	−0.171%	$366.2M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.57	−0.171%	$229K	$840K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.65	−0.104%	$921K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.75	−0.017%	$133.5M	$19.9M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.53	−0.206%	$851.6M	$663.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.56	−0.180%	$366.6M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.56	−0.178%	$129.0M	$223.3M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.54	−0.197%	$481.1M	$444.7M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.53	−0.208%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.54	−0.197%	$23.0M	$40.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.79	+0.021%	$24.6M	$113.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.73	−0.031%	$93.7M	$399.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.68	−0.077%	$47.7M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.87	+0.086%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.68	−0.077%	$1.3M	$12.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.60	−0.146%	$320K	$2.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.61	−0.137%	$25K	$31K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.60	−0.145%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.59	−0.154%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.55	−0.191%	$225.9M	$48.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.64	−0.111%	$45.7M	$103.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.50	−0.229%	$8.3M	$37.7M	50x	as long as short
Kalshi KXSOLPERP	+0.0106%	8h	116.62	−0.128%	$1.4M	$19.0M	3.1x	as long as short
Injective SOL/USDC PERP	+0.0107%	1h	116.70	−0.060%	$4K	$2K	12x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.68	−0.077%	—	$231.6M	500x	as long as short
Phoenix SOLlong	+0.0151%	1h	116.77	long leg	$6.5M	$13.8M	25x
Deribit SOL_USDC-PERPETUAL	+0.0163%	1h	116.66	−0.098%	$26.3M	$23.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0191%	1h	116.58	−0.159%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.59	−0.154%	$51.9M	$67.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0235% / S −0.0178%	1h	116.61	−0.138%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.69	−0.069%	$138K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0547%	1h	116.78	+0.009%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0561%	1h	116.69	−0.065%	$1.9M	$4.8M	20x	as long as short