Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0480%/8h= +52.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.088%
Price spread now: RISEx against dYdX−0.028%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.151%+$15 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.028%, 7d avg +0.012%
Together, before fees+0.173%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.039% cheaper against dYdX than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.012%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$14 a day). At the pace of the last 4 days (+0.151% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.151% in total (about 14.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SOL-USD116.350get 0.0000% / 1h41m 43s$4.3M$23.3M20x
ShortRISEx SOL/USDC116.320.0480get 0.0060% / 1h41m 43s$2.1M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against dYdX. 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

Funding earned
$100.82
Price spread: −0.028% → +0.012%
−$3.93
Slippage, 4 orders
−$6.7
Fee dYdX: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$74.19
Costs to cover
0.227%
Break-even
1.8 days
Slippage from dYdX: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 2 min ago0.43 bp7.1 bp −$710.7 bp −$10719.2 bp −$1,91630.2 bp −$15.1K
Sell RISEx live order book, 2 min ago0.56 bp3.6 bp −$46.9 bp −$69doesn't fitdoesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h116.51+0.135%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.41+0.050%$32.3M$106.1M100xas long as short
Vest SOL-PERP−0.0005%1h116.38+0.028%$636K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.40+0.043%$42K150xas long as short
dYdX SOL-USDlong0.0000%1h116.35long leg$4.3M$23.3M20x
Kalshi KXSOLPERP0.0000%8h116.43+0.067%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.44+0.076%$99K$3.4M8.3xas long as short
Derive SOL-PERP+0.0007%1h116.36+0.008%$1.8M$2.9M13xas long as short
Phemex SOLUSDT+0.0013%8h116.40+0.043%$45.3M$103.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0015%1h116.44+0.076%$26.2M$21.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOLUSDT+0.0025%8h116.27−0.066%$479.7M$452.6M100xas long as short
Bybit SOLUSDT+0.0025%8h116.27−0.069%$730.9M$1.40B100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h116.41+0.050%$7.8M$394.3M50xas long as short
Aster SOLUSDT+0.0053%8h116.27−0.073%$176.9M$169.7M100xas long as short
Orderly PERP_SOL_USDC+0.0069%8h116.38+0.028%$1.0M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0088%1h116.48+0.107%$102K$681K20xas long as short
Lighter SOL+0.0096%1h116.29−0.054%$13.1M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h116.28−0.063%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.37+0.019%$351K$255K20xas long as short
SoDEX SOL-USD+0.0097%1h116.37+0.017%$6.1M$11.0M20xas long as short
Paradex SOL-USD-PERP+0.0097%8h116.27−0.066%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.25−0.086%$64K$901K20xas long as short
Nado SOL-PERP+0.0100%1h116.32−0.023%$5.4M$41.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.40+0.043%$695.3M$407.5M20xas long as short
Pacifica SOL+0.0100%1h116.32−0.024%$15.7M$130.2M20xas long as short
Binance SOLUSDT+0.0100%8h116.27−0.073%$961.2M$3.84B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.28−0.060%$366.1M$1.74B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.26−0.078%$218K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.29−0.053%$918K$8.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.29−0.052%$847.2M$609.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.27−0.069%$373.8M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.29−0.048%$129.7M$237.2M75xas long as short
BingX SOL-USDC+0.0100%8h116.27−0.072%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.34−0.009%$22.9M$36.2M50xas long as short
Variational Omni SOL+0.0100%8h116.47+0.099%$24.9M$105.1Mas long as short
edgeX SOLUSDC+0.0100%4h116.47+0.101%$93.5M$405.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.48+0.112%$47.7M$28.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.50+0.133%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.40+0.043%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.44+0.077%$319K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.41+0.051%$282K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h116.36+0.009%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.35−0.004%$225.3M$50.5M75xas long as short
Bulk SOL-USD+0.0100%1h116.45+0.086%$126.0M$25.6M20xas long as short
Extended SOL-USD+0.0104%1h116.24−0.097%$8.3M$36.5M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.31−0.035%$101K$182K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.40+0.038%$231.0M500xas long as short
Phoenix SOL+0.0124%1h116.60+0.215%$6.5M$13.4M25xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34−0.009%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h116.38+0.025%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.41+0.051%$52.0M$64.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.40+0.042%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0413%1h116.45+0.087%$25K$57K20xas long as short
RISEx SOL/USDCshort+0.0480%1h116.32−0.028%$2.1M$4.8M20x
Bluefin SOL-PERP+0.0844%1h117.34+0.850%$27K$37K25xas long as short