Funding you earn now, next payment 02:00 UTC+0.0122%/8h= +13.3% APRpaid last 24h +0.165%
Price spread now: Injective against Binance−0.152%97s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.152% cheaper against Binance than usual: you would sell low and buy high (spread −0.152% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.2 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.075% in total) that is about 14 days. The two prices were read 97 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 | Binance SOLUSDT | 118.05 | 0.0100 | pay 0.0100% / 8h | 6h 25m | $972.9M | $3.80B | 100x |
| Short | Injective SOL/USDC PERP | 117.87 | 0.0222 | get 0.0028% / 1h | 25m 42s | $4K | $2K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- $25.56
- Price spread: −0.152% → 0.000%
- −$15.25
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $0.29
- Costs to cover
- 0.100%
- Break-even
- 6.9 days
Slippage unknown: Binance: live order book, 3 min ago; Injective: 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 Binance live order book, 3 min ago | 0.42 bp | 5.4 bp −$5 | 6.2 bp −$62 | 9.6 bp −$958 | 16.4 bp −$8,201 |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 54 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 | 118.07 | +0.019% | $923 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0069% | 1h | 118.01 | −0.035% | — | $607K | 20x | as long as short |
| Derive SOL-PERP | −0.0049% | 1h | 118.06 | +0.012% | $2.0M | $2.8M | 13x | as long as short |
| Hibachi SOL/USDT-P | −0.0040% | 1h | 117.98 | −0.062% | $92K | $682K | 20x | as long as short |
| ApeX Omni SOLUSDT | −0.0003% | 1h | 117.89 | −0.131% | $1.5M | $6.0M | 50x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.13 | +0.067% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 118.03 | −0.017% | $4.5M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.99 | −0.054% | $1.4M | $21.1M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.12 | +0.063% | $129K | $3.9M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 118.07 | +0.016% | $2.0M | $4.7M | 20x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0044% | 8h | 118.10 | +0.042% | $229.5M | $45.5M | 75x | as long as short |
| Gate SOL_USDT | +0.0046% | 8h | 118.06 | +0.008% | $854.1M | $662.0M | 100x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 118.15 | +0.084% | $31.7M | $98.7M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 118.16 | +0.095% | $8.0M | $410.7M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.08 | +0.026% | — | $369.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 118.16 | +0.090% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.02 | −0.022% | $13.1M | $59.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.00 | −0.038% | $2.2M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 118.08 | +0.025% | $104K | $159K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.15 | +0.083% | $346K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 118.11 | +0.052% | $1.0M | $519K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.00 | −0.042% | $65K | $853K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.01 | −0.030% | $5.7M | $41.7M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.07 | +0.014% | $177.3M | $179.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.05 | +0.003% | $14.4M | $128.9M | 20x | as long as short |
| Binance SOLUSDTlong | +0.0100% | 8h | 118.05 | long leg | $972.9M | $3.80B | 100x | |
| Bybit SOLUSDT | +0.0100% | 8h | 118.09 | +0.030% | $823.2M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.08 | +0.025% | $366.6M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.01 | −0.034% | $239K | $894K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.07 | +0.016% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.00 | −0.043% | $135.1M | $14.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.06 | +0.008% | $425.4M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.02 | −0.028% | $131.7M | $210.2M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.05 | −0.003% | $488.9M | $440.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.14 | +0.076% | $23.8M | $37.4M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.14 | +0.072% | $24.5M | $122.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.87 | −0.149% | $94.7M | $403.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.78 | −0.225% | $48.2M | $29.0M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.02 | −0.025% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.12 | +0.059% | $355K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.12 | +0.061% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.11 | +0.051% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.05 | −0.003% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.15 | +0.085% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.11 | +0.051% | $46.0M | $101.5M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.98 | −0.059% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.04 | −0.011% | $8.1M | $36.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0107% | 1h | 118.12 | +0.059% | $721.8M | $402.8M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 118.05 | +0.004% | — | $226.3M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0122% | 1h | 118.19 | +0.119% | $26.5M | $25.5M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 118.10 | +0.045% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERPshort | +0.0222% | 1h | 117.87 | −0.152% | $4K | $2K | 12x | |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 118.12 | +0.061% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0323% | 1h | 117.90 | −0.130% | $25K | $51K | 20x | as long as short |
Binance SOLUSDT
Injective SOL/USDC PERP
Derive SOL-PERP
ApeX Omni SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
RISEx SOL/USDC
HTX SOL-USDT
Gate SOL_USDT
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Aster SOLUSDT
Pacifica SOL
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Deribit SOL_USDC-PERPETUAL
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD