Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h −0.004%
Price spread now: Coinbase International against Extended+0.073%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$160.164% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.073%, 7d avg +0.050%
=Together, before fees−0.106%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.023% dearer against Extended than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.050%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.031% in total) that is about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOL-USD | 116.32 | 0.0104 | pay 0.0013% / 1h | 53m 06s | $8.3M | $36.7M | 50x |
| Short | Coinbase International SOL-PERP-INTX | 116.41 | 0.0040 | get 0.0005% / 1h | 53m 06s | $7.8M | $396.2M | 50x |
Extended SOL-USD
Coinbase International SOL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$13.44
- Price spread: +0.073% → +0.050%
- $2.27
- Slippage, 4 orders
- −$1.38
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$27.55
- Costs to cover
- 0.164%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; Coinbase International: live order book, 1 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 Extended live order book, 6 min ago | 0.43 bp | 2.9 bp −$3 | 2.9 bp −$29 | 6.4 bp −$640 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 0.04 bp | 5.1 bp −$5 | 7.5 bp −$75 | 15.2 bp −$1,524 | 342.4 bp −$171.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOLUSDT | −0.0196% | 8h | 116.39 | +0.059% | $45.2M | $103.8M | 50x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.32 | −0.001% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.42 | +0.089% | $32.3M | $106.8M | 100x | as long as short |
| Vest SOL-PERP | −0.0015% | 1h | 116.35 | +0.021% | — | $636K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.31 | −0.011% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.32 | −0.001% | $4.3M | $23.4M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.39 | +0.063% | $1.4M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.38 | +0.051% | $99K | $3.4M | 8.3x | as long as short |
| Derive SOL-PERP | +0.0007% | 1h | 116.38 | +0.052% | $1.9M | $3.0M | 13x | as long as short |
| Bybit SOLUSDT | +0.0023% | 8h | 116.35 | +0.025% | $731.7M | $1.41B | 100x | as long as short |
Phemex SOLUSDT
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
Derive SOL-PERP
Bybit SOLUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOLUSDT | +0.0025% | 8h | 116.39 | +0.063% | $480.2M | $455.0M | 100x | as long as short |
| Coinbase International SOL-PERP-INTXshort | +0.0040% | 1h | 116.41 | +0.073% | $7.8M | $396.2M | 50x | |
| Hibachi SOL/USDT-P | +0.0048% | 1h | 116.22 | −0.087% | $103K | $679K | 20x | as long as short |
| Aster SOLUSDT | +0.0054% | 8h | 116.38 | +0.051% | $176.8M | $169.2M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0069% | 8h | 116.39 | +0.057% | $1.0M | $6.0M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0078% | 1h | 116.44 | +0.105% | $26.2M | $21.9M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.38 | +0.054% | $13.1M | $55.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.39 | +0.057% | $2.1M | $14.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.36 | +0.037% | $351K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0097% | 8h | 116.33 | +0.006% | $1.0M | $554K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.32 | −0.001% | $64K | $903K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.34 | +0.013% | $5.4M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.49 | +0.145% | $695.8M | $406.3M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.35 | +0.027% | $15.7M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.37 | +0.046% | $962.8M | $3.85B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.36 | +0.034% | $366.5M | $1.76B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.07 | −0.216% | $219K | $849K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.35 | +0.026% | $919K | $8.5M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.33 | +0.005% | $125.6M | $25.5M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.38 | +0.051% | $848.5M | $606.0M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.39 | +0.059% | $369.8M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.39 | +0.061% | $129.7M | $237.2M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.36 | +0.034% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.40 | +0.068% | $22.9M | $36.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.26 | −0.056% | $24.8M | $105.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.10 | −0.186% | $93.2M | $404.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.33 | +0.006% | $47.6M | $29.1M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.14 | −0.153% | $1.1M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.33 | +0.008% | $1.3M | $11.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.40 | +0.068% | $318K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.39 | +0.064% | $282K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.37 | +0.039% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.29 | −0.027% | $189K | $1.7M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.38 | +0.051% | $6.1M | $11.0M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.36 | +0.033% | $225.3M | $50.6M | 75x | as long as short |
| Extended SOL-USDlong | +0.0104% | 1h | 116.32 | long leg | $8.3M | $36.7M | 50x | |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.30 | −0.015% | — | $231.7M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.35 | +0.025% | $6.5M | $13.4M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0128% | 1h | 116.41 | +0.077% | $100K | $181K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | +0.016% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0196% | 1h | 116.35 | +0.026% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.37 | +0.042% | $52.5M | $64.4M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.39 | +0.056% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0420% | 1h | 116.35 | +0.022% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.41 | +0.078% | $2.1M | $4.7M | 20x | as long as short |
Bitget SOLUSDT
Hibachi SOL/USDT-P
Aster SOLUSDT
Orderly PERP_SOL_USDC
Deribit SOL_USDC-PERPETUAL
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
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
Jupiter Perps SOL-PERP
Phoenix SOL
01 Exchange SOLUSD
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC