Funding you earn now, next payment 23:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.059%
Price spread now: RISEx against Deribit+0.106%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$160.159% of the position
Funding, last 3 days (all we have)+0.172%+$17 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now +0.106%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and RISEx is 0.111% dearer against Deribit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SOL_USDC-PERPETUAL | 119.11 | 0.0109 | pay 0.0014% / 1h | 6m 38s | $26.7M | $27.8M | 50x |
| Short | RISEx SOL/USDC | 119.23 | 0.0192 | get 0.0024% / 1h | 6m 38s | $1.7M | $5.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Deribit. 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
- $17.43
- Price spread: +0.106% → −0.006%
- $11.14
- Slippage, 4 orders
- −$2.94
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $12.63
- Costs to cover
- 0.159%
- Break-even
- 1.9 days
Slippage from Deribit: live order book, 3 min ago; RISEx: 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 Deribit live order book, 3 min ago | 0.34 bp | 4.9 bp −$5 | 6.1 bp −$61 | 15.7 bp −$1,565 | doesn't fit |
| Sell RISEx live order book, 2 min ago | 0.04 bp | 3.4 bp −$3 | 7.3 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0230% | 1h | 119.03 | −0.063% | $37K | $17K | 25x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.91 | −0.163% | $843 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0064% | 1h | 118.95 | −0.133% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0052% | 1h | 118.96 | −0.122% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.05 | −0.051% | $112K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.14 | +0.031% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.95 | −0.130% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.03 | −0.065% | $177K | $4.0M | 8.3x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 118.90 | −0.174% | $6.5M | $13.6M | 25x | as long as short |
| Orderly PERP_SOL_USDC | +0.0069% | 8h | 119.04 | −0.053% | $1.1M | $5.9M | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.01 | −0.081% | $104K | $156K | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0072% | 1h | 118.91 | −0.169% | $119K | $614K | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0074% | 1h | 119.02 | −0.075% | $24K | $47K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.19 | +0.074% | — | $374.6M | — | as long as short |
| HTX SOL-USDT | +0.0082% | 8h | 118.92 | −0.156% | $231.5M | $45.1M | 75x | as long as short |
| Gate SOL_USDT | +0.0088% | 8h | 119.12 | +0.011% | $869.8M | $689.2M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.17 | +0.054% | $13.6M | $56.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.15 | +0.036% | $2.2M | $17.0M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.01 | −0.080% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.15 | +0.041% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.97 | −0.115% | $45K | $807K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.00 | −0.090% | $6.0M | $41.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.25 | +0.120% | $718.1M | $408.4M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.16 | +0.045% | $178.4M | $176.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.20 | +0.082% | $12.3M | $119.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.18 | +0.061% | $981.8M | $3.82B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.19 | +0.070% | $829.0M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.19 | +0.070% | $372.1M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.08 | −0.022% | $233K | $888K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.23 | +0.102% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.85 | −0.216% | $133.1M | $7.6M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.18 | +0.062% | $452.8M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.17 | +0.051% | $139.6M | $202.2M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.19 | +0.070% | $496.3M | $456.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.15 | +0.036% | $24.2M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.87 | −0.200% | $27.5M | $128.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.86 | −0.207% | $95.5M | $400.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.99 | −0.098% | $48.7M | $31.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 118.96 | −0.123% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.91 | −0.165% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.04 | −0.056% | $366K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.04 | −0.056% | $202K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.90 | −0.176% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.07 | −0.031% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.10 | −0.006% | $46.5M | $102.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.15 | +0.033% | $8.7M | $36.2M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUALlong | +0.0109% | 1h | 119.11 | long leg | $26.7M | $27.8M | 50x | |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.12 | +0.013% | $8.3M | $416.5M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.00 | −0.086% | — | $225.0M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.09 | −0.012% | $32.6M | $97.0M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0170% / S −0.0072% | 1h | 119.05 | −0.052% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 119.03 | −0.064% | $1.1M | $551K | 25x | as long as short |
| RISEx SOL/USDCshort | +0.0192% | 1h | 119.23 | +0.106% | $1.7M | $5.6M | 20x | |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.02 | −0.073% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.10 | −0.006% | $52.1M | $84.2M | 125x | as long as short |
Deribit SOL_USDC-PERPETUAL
RISEx SOL/USDC
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
01 Exchange SOLUSD
Aftermath Perps SOLUSD
BingX SOL-USDT
HTX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
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
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
BloFin SOL-USDT