SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0081%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.022%

Price spread now: Deribit against StandX−0.043%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on StandX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.145%−$14 on $10k

Price spread, last 3 days (all we have)+0.041%+$4 · spread now −0.043%, 7d avg +0.021%

Together, before fees−0.103%+ Points / potential airdropStandX: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.064% cheaper against StandX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	118.10	0.0100	pay 0.0013% / 1h	47m 12s	$1.3M	$13.4M	30x
Short	Deribit SOL_USDC-PERPETUAL	118.05	0.0019	get 0.0002% / 1h	47m 12s	$26.4M	$25.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against StandX. 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 StandXbpFee DeribitbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$16.92
Price spread: −0.043% → +0.021%: −$6.42
Slippage, 4 orders: −$12.99
Fee StandX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$51.32
Costs to cover: 0.280%
Break-even: never at this rate

Slippage from StandX: live order book, 2 min ago; Deribit: 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 StandX live order book, 2 min ago	4.66 bp	10.1 bp −$10	11.8 bp −$118	20.4 bp −$2,039	doesn't fit
Sell Deribit live order book, 2 min ago	0.04 bp	4.8 bp −$5	5.6 bp −$56	18.4 bp −$1,845	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
ApeX Omni SOLUSDT	−0.0218%	1h	118.08	−0.017%	$1.5M	$6.1M	50x	as long as short
Hibachi SOL/USDT-P	−0.0088%	1h	118.04	−0.049%	$92K	$706K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.09	−0.004%	$924	$8K	25x	as long as short
Vest SOL-PERP	−0.0078%	1h	118.03	−0.060%	—	$610K	20x	as long as short
HTX SOL-USDT	−0.0036%	8h	117.97	−0.109%	$229.4M	$45.0M	75x	as long as short
Gate SOL_USDT	−0.0024%	8h	118.08	−0.017%	$853.7M	$652.7M	100x	as long as short
Derive SOL-PERP	−0.0022%	1h	117.98	−0.099%	$2.0M	$2.7M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.08	−0.017%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	118.09	−0.012%	$4.5M	$25.9M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.12	+0.015%	$1.5M	$21.4M	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	118.09	−0.008%	$131K	$3.9M	8.3x	as long as short
RISEx SOL/USDC	+0.0018%	1h	118.09	−0.009%	$1.8M	$4.6M	20x	as long as short
Deribit SOL_USDC-PERPETUALshort	+0.0019%	1h	118.05	−0.043%	$26.4M	$25.4M	50x
Kraken Futures PF_SOLUSD	+0.0049%	1h	118.04	−0.048%	$31.6M	$98.8M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	118.05	−0.040%	$8.0M	$411.9M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.06	−0.031%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0084%	8h	118.06	−0.030%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	118.14	+0.034%	$103K	$162K	20x	as long as short
Lighter SOL	+0.0096%	1h	118.05	−0.043%	$13.5M	$58.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.03	−0.062%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.98	−0.100%	$346K	$264K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.08	−0.014%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.07	−0.025%	$43K	$829K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.10	0.000%	$5.7M	$41.5M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.07	−0.022%	$177.3M	$180.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.08	−0.018%	$14.1M	$130.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.04	−0.055%	$977.5M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.06	−0.036%	$824.6M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.04	−0.051%	$369.0M	$1.69B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.00	−0.085%	$239K	$908K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.11	+0.004%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.04	−0.051%	$423.5M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.10	−0.003%	$133.7M	$207.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.99	−0.096%	$489.5M	$445.9M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.13	+0.025%	$23.8M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.97	−0.113%	$24.4M	$129.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.07	−0.024%	$94.8M	$404.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.16	+0.049%	$48.4M	$29.7M	20x	as long as short
StandX SOL-USDlong	+0.0100%	1h	118.10	long leg	$1.3M	$13.4M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	118.08	−0.017%	$360K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.08	−0.015%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.10	0.000%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.11	+0.005%	$192K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.04	−0.051%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.07	−0.025%	$46.0M	$101.5M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.07	−0.025%	$135.9M	$13.3M	20x	as long as short
Phoenix SOL	+0.0101%	1h	118.22	+0.102%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.95	−0.127%	$8.3M	$35.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	118.12	+0.021%	—	$228.5M	500x	as long as short
Hyperliquid SOL	+0.0124%	1h	118.19	+0.076%	$720.3M	$402.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0187%	1h	118.05	−0.040%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.04	−0.051%	$52.1M	$74.3M	125x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	118.20	+0.085%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0167%	1h	118.07	−0.022%	$3.7M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0306%	1h	118.11	+0.010%	$25K	$51K	20x	as long as short