SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0465%/8h= −51.0% APRnext payment −$0.58 per $10,000 · paid last 24h −0.041%

Price spread now: SoDEX against RISEx−0.019%7-day average −0.029% · 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−$15as in the Price arb table

costs, in and out, $10k−$160.157% of the position

Long on RISEx Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.101%−$10 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.019%, 7d avg −0.029%

Together, before fees−0.165%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.101% in total (about -10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SOL/USDC	116.51	0.0485	pay 0.0061% / 1h	56m 32s	$2.1M	$4.8M	20x
Short	SoDEX SOL-USD	116.49	0.0019	get 0.0002% / 1h	56m 32s	$6.1M	$11.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against RISEx. 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 RISExbpFee SoDEXbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$97.73
Price spread: −0.019% → −0.029%: $0.97
Slippage, 4 orders: −$1.71
Fee RISEx: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$112.47
Costs to cover: 0.157%
Break-even: never at this rate

Slippage from RISEx: live order book, 2 min ago; SoDEX: live order book, 3 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 RISEx live order book, 2 min ago	0.04 bp	3.0 bp −$3	7.1 bp −$71	doesn't fit	doesn't fit
Sell SoDEX live order book, 3 min ago	0.43 bp	4.4 bp −$4	5.0 bp −$50	13.8 bp −$1,377	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
Hibachi SOL/USDT-P	−0.0208%	1h	116.50	−0.007%	$96K	$680K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.53	+0.014%	$32.3M	$106.0M	100x	as long as short
Bybit SOLUSDT	−0.0113%	8h	116.42	−0.079%	$738.2M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.53	+0.015%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0064%	1h	116.43	−0.067%	$1.9M	$3.0M	13x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.62	+0.093%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0045%	1h	116.43	−0.068%	—	$633K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.51	−0.002%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.52	+0.003%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.46	−0.045%	$106K	$3.5M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0008%	1h	116.52	+0.005%	$4.3M	$23.6M	20x	as long as short
SoDEX SOL-USDshort	+0.0019%	1h	116.49	−0.019%	$6.1M	$11.0M	20x
Bitget SOLUSDT	+0.0032%	8h	116.41	−0.090%	$480.0M	$458.6M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.53	+0.015%	$8.0M	$401.6M	50x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	116.47	−0.036%	$99K	$176K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0066%	1h	116.57	+0.052%	$26.4M	$21.7M	50x	as long as short
Aster SOLUSDT	+0.0069%	8h	116.43	−0.070%	$176.4M	$168.4M	100x	as long as short
Lighter RH SOL	+0.0072%	1h	116.45	−0.056%	$2.2M	$16.6M	25x	as long as short
Orderly PERP_SOL_USDC	+0.0081%	8h	116.49	−0.016%	$1.0M	$5.9M	100x	as long as short
Paradex SOL-USD-PERP	+0.0094%	8h	116.49	−0.015%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.49	−0.019%	$13.2M	$60.1M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.50	−0.009%	$351K	$256K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.42	−0.079%	$66K	$909K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.42	−0.078%	$5.3M	$41.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.55	+0.033%	$700.6M	$408.6M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.52	+0.008%	$15.7M	$130.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.42	−0.076%	$964.4M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.44	−0.062%	$367.1M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.47	−0.036%	$216K	$824K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.47	−0.034%	$898K	$8.7M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.45	−0.051%	$125.5M	$24.9M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.46	−0.045%	$851.3M	$656.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.46	−0.045%	$370.1M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.47	−0.039%	$132.8M	$233.1M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.42	−0.075%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.50	−0.010%	$23.0M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.44	−0.058%	$24.9M	$110.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.47	−0.033%	$93.5M	$405.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.48	−0.024%	$47.7M	$29.6M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.53	+0.015%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.53	+0.015%	$1.3M	$11.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.42	−0.079%	$313K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.55	+0.035%	$241K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.52	+0.009%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.48	−0.024%	$189K	$1.8M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.49	−0.020%	$225.6M	$50.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.52	+0.007%	$45.3M	$104.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.42	−0.078%	$8.0M	$37.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.50	−0.008%	—	$234.0M	500x	as long as short
Phoenix SOL	+0.0178%	1h	116.56	+0.041%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0195%	1h	116.39	−0.103%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.47	−0.036%	$52.1M	$66.6M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.51	+0.001%	$3.5M	—	200x	as long as short
RISEx SOL/USDClong	+0.0485%	1h	116.51	long leg	$2.1M	$4.8M	20x
Aftermath Perps SOLUSD	+0.0487%	1h	116.57	+0.053%	$25K	$57K	20x	as long as short