SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.231%

Price spread now: Hotstuff against Injective−0.025%45s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Hotstuff is 0.025% cheaper against Injective than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SOL/USDC PERP	116.34	−0.0055	get 0.0007% / 1h	59m 57s	$4K	$2K	12x
Short	Hotstuff SOL-PERP	116.31	−0.0080	pay 0.0010% / 1h	59m 57s	$1K	$8K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Injective. 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 InjectivebpFee HotstuffbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$5.18
Price spread: −0.025% → 0.000%: −$2.49
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$12.69
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Hotstuff: 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 Injective no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Injective and Hotstuff: 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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.25	−0.078%	$32.3M	$106.8M	100x	as long as short
Bybit SOLUSDT	−0.0092%	8h	116.23	−0.095%	$731.4M	$1.43B	100x	as long as short
Hotstuff SOL-PERPshort	−0.0080%	1h	116.31	−0.025%	$1K	$8K	25x
Injective SOL/USDC PERPlong	−0.0055%	1h	116.34	long leg	$4K	$2K	12x
Vest SOL-PERP	−0.0021%	1h	116.18	−0.140%	—	$649K	20x	as long as short
Derive SOL-PERP	−0.0008%	1h	116.14	−0.176%	$1.8M	$3.0M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.23	−0.091%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.24	−0.084%	$1.4M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.21	−0.108%	$99K	$3.5M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	116.27	−0.057%	$26.2M	$21.7M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0007%	1h	116.26	−0.066%	$4.3M	$23.5M	20x	as long as short
Bitget SOLUSDT	+0.0024%	8h	116.23	−0.097%	$479.8M	$455.5M	100x	as long as short
Hibachi SOL/USDT-P	+0.0024%	1h	116.24	−0.084%	$102K	$678K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.24	−0.083%	$7.7M	$396.8M	50x	as long as short
Aster SOLUSDT	+0.0053%	8h	116.25	−0.077%	$176.7M	$168.5M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0070%	8h	116.22	−0.099%	$1.0M	$6.1M	100x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	116.25	−0.077%	$100K	$181K	20x	as long as short
Lighter SOL	+0.0096%	1h	116.24	−0.083%	$13.1M	$61.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.23	−0.096%	$2.1M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.19	−0.126%	$350K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0096%	8h	116.23	−0.099%	$1.0M	$554K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.19	−0.129%	$64K	$912K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.19	−0.127%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.34	0.000%	$695.8M	$408.5M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.25	−0.081%	$15.7M	$130.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.25	−0.076%	$962.1M	$3.86B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.23	−0.095%	$366.3M	$1.76B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.20	−0.120%	$217K	$854K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.22	−0.107%	$919K	$8.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.25	−0.077%	$125.4M	$25.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.21	−0.112%	$843.5M	$672.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.25	−0.077%	$370.6M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.24	−0.088%	$129.3M	$236.7M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.20	−0.123%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.26	−0.069%	$22.9M	$35.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.15	−0.164%	$24.8M	$107.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.16	−0.152%	$93.3M	$405.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.24	−0.086%	$47.6M	$29.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.19	−0.125%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.20	−0.120%	$1.3M	$11.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.24	−0.086%	$318K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.23	−0.095%	$282K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.22	−0.102%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.21	−0.112%	$189K	$1.7M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.22	−0.103%	$6.1M	$11.0M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.17	−0.149%	$225.0M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.25	−0.077%	$45.2M	$104.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.20	−0.122%	$8.2M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.25	−0.077%	—	$232.6M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.26	−0.069%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.15	−0.167%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.18	−0.138%	$52.0M	$64.8M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.23	−0.093%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0429%	1h	116.26	−0.067%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.27	−0.063%	$2.1M	$4.7M	20x	as long as short