Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.002%
Price spread now: 01 Exchange against Coinbase International−0.009%7-day average +0.014% · 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−$42as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 4 days (all we have)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.009%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.024% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOL-PERP-INTX | 116.55 | 0.0064 | pay 0.0008% / 1h | 41m 07s | $7.5M | $404.3M | 50x |
| Short | 01 Exchange SOLUSD | 116.54 | 0.0032 | get 0.0004% / 1h | 41m 07s | $99K | $169K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Coinbase International. 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
- −$6.72
- Price spread: −0.009% → +0.014%
- −$2.36
- Slippage, 4 orders
- −$22.74
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$48.81
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; 01 Exchange: live order book, 18 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 Coinbase International live order book, 3 min ago | 0.04 bp | 5.3 bp −$5 | 7.1 bp −$71 | 14.0 bp −$1,403 | doesn't fit |
| Sell 01 Exchange live order book, 18 min ago | 0.86 bp | 14.6 bp −$15 | 21.2 bp −$212 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest SOL-PERP | −0.0090% | 1h | 116.45 | −0.084% | — | $602K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.50 | −0.044% | $911 | $8K | 25x | as long as short |
| Hibachi SOL/USDT-P | −0.0056% | 1h | 116.59 | +0.034% | $103K | $700K | 20x | as long as short |
| Derive SOL-PERP | −0.0016% | 1h | 116.47 | −0.073% | $1.9M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.54 | −0.009% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.51 | −0.039% | $1.4M | $18.7M | 3.1x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.46 | −0.081% | $4.4M | $24.2M | 20x | as long as short |
| 01 Exchange SOLUSDshort | +0.0032% | 1h | 116.54 | −0.009% | $99K | $169K | 20x | |
| Coinbase International SOL-PERP-INTXlong | +0.0064% | 1h | 116.55 | long leg | $7.5M | $404.3M | 50x | |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.56 | +0.012% | $31.0M | $100.4M | 100x | 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_USDC | +0.0091% | 8h | 116.55 | −0.001% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.57 | +0.014% | $13.1M | $59.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.55 | +0.001% | $2.2M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.56 | +0.006% | $342K | $236K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0098% | 8h | 116.47 | −0.069% | $50K | $866K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.57 | +0.016% | $988K | $534K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.49 | −0.050% | $5.4M | $39.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.66 | +0.094% | $705.8M | $395.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.54 | −0.009% | $175.1M | $182.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.54 | −0.012% | $15.7M | $129.8M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.57 | +0.016% | $964.9M | $3.78B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.52 | −0.027% | $785.5M | $1.34B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.61 | +0.051% | $367.0M | $1.67B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.43 | −0.104% | $230K | $846K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.48 | −0.058% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.65 | +0.085% | $133.5M | $20.6M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.60 | +0.042% | $846.1M | $656.4M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.58 | +0.025% | $418.4M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.53 | −0.015% | $126.3M | $217.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.58 | +0.022% | $479.0M | $441.8M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.57 | +0.018% | — | $364.9M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.56 | +0.008% | $23.5M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.49 | −0.049% | $24.4M | $114.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.67 | +0.099% | $93.7M | $396.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.62 | +0.059% | $47.7M | $29.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.67 | +0.106% | $1.2M | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.60 | +0.042% | $1.3M | $13.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.48 | −0.061% | $322K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.51 | −0.033% | $149K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.52 | −0.024% | $25K | $29K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.52 | −0.027% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.55 | −0.001% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.47 | −0.073% | $226.0M | $46.7M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.54 | −0.009% | $45.6M | $101.6M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.49 | −0.049% | $7.9M | $36.6M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.52 | −0.031% | — | $228.5M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 116.56 | +0.008% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.52 | −0.027% | $6.5M | $13.4M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0164% | 1h | 116.61 | +0.048% | $26.3M | $25.3M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.46 | −0.080% | $1.1M | $539K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.57 | +0.016% | $51.7M | $72.0M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.53 | −0.021% | $3.5M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.53 | −0.016% | $140K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0516% | 1h | 116.61 | +0.052% | $25K | $51K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.58 | +0.026% | $1.9M | $4.9M | 20x | as long as short |
Coinbase International SOL-PERP-INTX
01 Exchange SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Kraken Futures PF_SOLUSD
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC