Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against 01 Exchange−0.546%7-day average −0.027% · 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−$80as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 3 days (all we have)−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.446%+$45 · spread now −0.546%, 7d avg −0.027%
=Funding pays, the price is against you. Bulk is 0.520% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.546% now, against its 7-day average of −0.027%). If the spread goes back, that is −$52 on $10k: about 25 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SOLUSD | 119.41 | 0.0032 | pay 0.0004% / 1h | 9m 08s | $104K | $160K | 20x |
| Short | Bulk SOL-USD | 118.76 | 0.0100 | get 0.0013% / 1h | 9m 08s | $137.0M | $12.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against 01 Exchange. 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
- $14.28
- Price spread: −0.546% → −0.027%
- −$51.96
- Slippage, 4 orders
- −$13.96
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$65.64
- Costs to cover
- 0.280%
- Break-even
- 39.2 days
Slippage from 01 Exchange: live order book, 65 min ago; Bulk: live order book, 5 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 01 Exchange live order book, 65 min ago | 0.84 bp | 5.8 bp −$6 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 5 min ago | 4.20 bp | 7.7 bp −$8 | 7.7 bp −$77 | 7.7 bp −$770 | 7.7 bp −$3,848 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERP | −0.0082% | 1h | 119.31 | −0.085% | $2.0M | $2.7M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.36 | −0.038% | $933 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0079% | 1h | 119.33 | −0.070% | — | $608K | 20x | as long as short |
| Hibachi SOL/USDT-P | −0.0040% | 1h | 119.41 | −0.002% | $109K | $670K | 20x | as long as short |
| HTX SOL-USDT | −0.0029% | 8h | 119.30 | −0.088% | $232.1M | $43.9M | 75x | as long as short |
| dYdX SOL-USD | −0.0018% | 1h | 119.40 | −0.008% | $4.9M | $25.5M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 119.37 | −0.037% | $32.4M | $97.1M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.40 | −0.006% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.40 | −0.007% | $1.2M | $20.0M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.45 | +0.037% | $125K | $3.9M | 8.3x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSDlong | +0.0032% | 1h | 119.41 | long leg | $104K | $160K | 20x | |
| Deribit SOL_USDC-PERPETUAL | +0.0037% | 1h | 119.43 | +0.015% | $26.8M | $24.8M | 50x | as long as short |
| Gate SOL_USDT | +0.0074% | 8h | 119.35 | −0.050% | $856.4M | $673.0M | 100x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.36 | −0.043% | — | $367.4M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0083% | 8h | 119.40 | −0.011% | $1.1M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 119.38 | −0.023% | $8.2M | $410.6M | 50x | as long as short |
| ApeX Omni SOLUSDT | +0.0090% | 1h | 119.16 | −0.209% | $1.5M | $6.0M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.36 | −0.042% | $13.7M | $57.2M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.36 | −0.044% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.40 | −0.012% | $350K | $253K | 20x | as long as short |
| Bluefin SOL-PERP | +0.0097% | 1h | 119.39 | −0.020% | $37K | $17K | 25x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.40 | −0.007% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.37 | −0.033% | $46K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.36 | −0.039% | $6.2M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.47 | +0.053% | $731.8M | $394.4M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.37 | −0.030% | $180.4M | $176.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.40 | −0.008% | $12.3M | $125.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.34 | −0.060% | $982.7M | $3.73B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.34 | −0.059% | $829.5M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.28 | −0.109% | $372.9M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.38 | −0.025% | $234K | $834K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.30 | −0.090% | $2.1M | $8.9M | 20x | as long as short |
| Bulk SOL-USDshort | +0.0100% | 1h | 118.76 | −0.546% | $137.0M | $12.6M | 20x | |
| MEXC SOL_USDT | +0.0100% | 8h | 119.36 | −0.042% | $434.2M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.36 | −0.042% | $139.3M | $203.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.32 | −0.073% | $495.2M | $438.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.36 | −0.042% | $24.1M | $36.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.19 | −0.188% | $24.9M | $130.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.20 | −0.180% | $95.7M | $400.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.13 | −0.231% | $48.8M | $29.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.20 | −0.176% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.39 | −0.017% | $361K | $2.3M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.40 | −0.011% | $203K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.38 | −0.023% | $194K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.37 | −0.033% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.38 | −0.025% | $46.8M | $99.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.35 | −0.048% | $8.6M | $34.9M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.28 | −0.109% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.32 | −0.077% | — | $225.6M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 119.41 | 0.000% | $1.8M | $4.5M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 119.01 | −0.335% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0187% | 1h | 119.37 | −0.034% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.39 | −0.017% | $52.1M | $74.3M | 125x | as long as short |
| Aftermath Perps SOLUSD | +0.0224% | 1h | 119.28 | −0.107% | $25K | $51K | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0167% | 1h | 119.40 | −0.008% | $3.7M | — | 200x | as long as short |
01 Exchange SOLUSD
Bulk SOL-USD
Derive SOL-PERP
HTX SOL-USDT
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
Gate SOL_USDT
BingX SOL-USDT
Coinbase International SOL-PERP-INTX
ApeX Omni SOLUSDT
Lighter SOL
Lighter RH SOL
Bluefin SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Phoenix SOL
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT
Aftermath Perps SOLUSD
GMX SOL/USD [SOL-USDC]