SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h −0.030%

Price spread now: SoDEX against Phoenix−0.085%70s7-day average −0.091% · 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—prices read too far apart to compare

costs, in and out, $10k−$180.181% of the position

Long on Phoenix Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.125%−$12 on $10k

Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.085%, 7d avg −0.091%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix SOL	117.53	0.0101	pay 0.0013% / 1h	58m 00s	$6.5M	$13.2M	25x
Short	SoDEX SOL-USD	117.43	0.0100	get 0.0013% / 1h	58m 00s	$6.2M	$10.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Phoenix. 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 PhoenixbpFee SoDEXbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$0.29
Price spread: −0.085% → −0.091%: $0.59
Slippage, 4 orders: −$3.06
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$17.76
Costs to cover: 0.181%
Break-even: never at this rate

Slippage from Phoenix: live order book, 6 min ago; SoDEX: 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 Phoenix live order book, 6 min ago	0.85 bp	4.6 bp −$5	5.7 bp −$57	15.2 bp −$1,521	doesn't fit
Sell SoDEX live order book, 1 min ago	0.43 bp	4.4 bp −$4	5.3 bp −$53	15.6 bp −$1,561	doesn't fit

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	117.59	+0.055%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0057%	1h	117.41	−0.099%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.43	−0.084%	$31.5M	$98.4M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.43	−0.085%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.51	−0.017%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.56	+0.026%	$1.4M	$20.1M	3.1x	as long as short
Derive SOL-PERP	+0.0009%	1h	117.36	−0.144%	$2.0M	$2.8M	13x	as long as short
HTX SOL-USDT	+0.0035%	8h	117.34	−0.159%	$228.1M	$45.4M	75x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	117.52	−0.009%	$100K	$162K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.44	−0.073%	$8.0M	$403.1M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0068%	1h	117.47	−0.047%	$26.4M	$25.4M	50x	as long as short
Lighter SOL	+0.0072%	1h	117.43	−0.085%	$13.1M	$58.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.55	+0.016%	$100K	$690K	20x	as long as short
Gate SOL_USDT	+0.0080%	8h	117.42	−0.094%	$849.2M	$641.0M	100x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.33	−0.168%	—	$10.5M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.44	−0.075%	$1.0M	$5.8M	100x	as long as short
Lighter RH SOL	+0.0096%	1h	117.42	−0.097%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.44	−0.079%	$344K	$225K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.55	+0.019%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.49	−0.034%	$67K	$840K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.44	−0.072%	$5.8M	$40.1M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.44	−0.079%	$176.2M	$177.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.55	+0.013%	$14.5M	$127.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.33	−0.174%	$967.3M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.33	−0.174%	$819.7M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.30	−0.196%	$365.8M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.37	−0.136%	$238K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.51	−0.014%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.38	−0.128%	$422.4M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.39	−0.123%	$130.3M	$211.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.34	−0.162%	$486.5M	$434.9M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.38	−0.128%	$23.7M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.45	−0.064%	$24.3M	$120.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.44	−0.080%	$94.3M	$405.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.43	−0.089%	$48.1M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.44	−0.077%	$1.5M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.53	0.000%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.46	−0.060%	$354K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.42	−0.090%	$201K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.42	−0.094%	$25K	$28K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.43	−0.086%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USDshort	+0.0100%	1h	117.43	−0.085%	$6.2M	$10.8M	20x
Phemex SOLUSDT	+0.0100%	8h	117.42	−0.094%	$45.7M	$100.4M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	−0.063%	$134.5M	$14.2M	20x	as long as short
Phoenix SOLlong	+0.0101%	1h	117.53	long leg	$6.5M	$13.2M	25x
Extended SOL-USD	+0.0104%	1h	117.27	−0.219%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.55	+0.015%	—	$221.7M	500x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.55	+0.020%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0139%	1h	117.47	−0.051%	$716.8M	$395.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.41	−0.104%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.45	−0.068%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0171%	1h	117.42	−0.094%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0362%	1h	117.51	−0.019%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.57	+0.031%	$128K	$3.8M	8.3x	as long as short