SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h −0.010%

Price spread now: Orderly against Binance−0.033%7-day average +0.003% · you buy dearer than you sell

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

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.066%−$7 · spread now −0.033%, 7d avg +0.003%

Together, before fees−0.074%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.036% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOLUSDT	119.18	0.0100	pay 0.0100% / 8h	1h 30m	$985.8M	$3.80B	100x
Short	Orderly PERP_SOL_USDC	119.14	0.0067	get 0.0067% / 8h	1h 30m	$1.1M	$5.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now −0.033%Rate

Funding earned: −$6.94
Price spread: −0.033% → +0.003%: −$3.57
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$26.51
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 min ago; Orderly: 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, 14 min ago	0.42 bp	5.4 bp −$5	5.4 bp −$54	7.8 bp −$781	16.4 bp −$8,198
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Bluefin SOL-PERP	−0.0149%	1h	119.11	−0.062%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0091%	1h	119.04	−0.118%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.11	−0.058%	$844	$8K	25x	as long as short
Vest SOL-PERP	−0.0060%	1h	119.07	−0.089%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.09	−0.075%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.13	−0.042%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.14	−0.029%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.12	−0.054%	$178K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0024%	1h	119.27	+0.076%	$120K	$611K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.36	+0.151%	$6.6M	$13.6M	25x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDCshort	+0.0067%	8h	119.14	−0.033%	$1.1M	$5.9M	100x
Aftermath Perps SOLUSD	+0.0075%	1h	119.36	+0.155%	$24K	$47K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.09	−0.076%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0082%	8h	119.12	−0.050%	$868.5M	$682.9M	100x	as long as short
HTX SOL-USDT	+0.0084%	8h	119.05	−0.111%	$231.8M	$44.9M	75x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	119.07	−0.092%	$104K	$153K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.13	−0.042%	$13.6M	$55.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.11	−0.061%	$2.1M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.11	−0.061%	$353K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.07	−0.091%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.05	−0.109%	$47K	$794K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.09	−0.071%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.21	+0.025%	$717.6M	$416.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.16	−0.017%	$178.4M	$176.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.14	−0.034%	$12.4M	$117.5M	20x	as long as short
Binance SOLUSDTlong	+0.0100%	8h	119.18	long leg	$985.8M	$3.80B	100x
Bybit SOLUSDT	+0.0100%	8h	119.20	+0.018%	$823.7M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.21	+0.025%	$370.8M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.08	−0.084%	$233K	$885K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.14	−0.033%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.16	−0.020%	$133.7M	$8.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.11	−0.059%	$450.8M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.13	−0.039%	$141.0M	$200.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.21	+0.026%	$495.0M	$455.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.13	−0.042%	$24.1M	$38.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.26	+0.067%	$27.9M	$128.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.40	+0.186%	$95.9M	$399.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.40	+0.181%	$48.9M	$31.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.40	+0.182%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.29	+0.092%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.07	−0.092%	$364K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.11	−0.058%	$201K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.10	−0.070%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.13	−0.042%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.14	−0.034%	$46.5M	$102.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.19	+0.008%	$8.7M	$36.2M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.17	−0.007%	$8.2M	$415.1M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0115%	1h	119.18	+0.004%	$26.7M	$27.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.11	−0.063%	—	$223.2M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0150%	1h	119.15	−0.024%	$32.6M	$95.8M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0085%	1h	119.13	−0.038%	$3.6M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.07	−0.088%	$1.1M	$557K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.11	−0.061%	$1.7M	$6.0M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.042%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.17	−0.008%	$52.2M	$82.7M	125x	as long as short