SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0385%/8h= −42.1% APRnext payment −$0.48 per $10,000 · paid last 24h −0.040%

Price spread now: Arcus against RISEx−0.043%7-day average +0.028% · 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−$20as in the Price arb table

costs, in and out, $10k−$130.132% of the position

Long on RISEx Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.111%−$11 on $10k

Price spread, last 7 days+0.091%+$9 · spread now −0.043%, 7d avg +0.028%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Arcus is 0.071% cheaper against RISEx than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.028%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.111% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SOL/USDC	116.27	0.0485	pay 0.0061% / 1h	18m 40s	$2.1M	$4.8M	20x
Short	Arcus SOL-USD	116.22	0.0100	get 0.0013% / 1h	18m 40s	$924K	$8.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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 RISExbpFee ArcusbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$80.78
Price spread: −0.043% → +0.028%: −$7.13
Slippage, 4 orders: −$2.75
Fee RISEx: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$101.16
Costs to cover: 0.132%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; Arcus: live order book, just now.

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 RISEx live order book, 5 min ago	0.04 bp	3.6 bp −$4	6.8 bp −$68	doesn't fit	doesn't fit
Sell Arcus live order book, just now	0.17 bp	3.8 bp −$4	4.4 bp −$44	6.6 bp −$659	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
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.27	−0.003%	$32.4M	$107.0M	100x	as long as short
Bybit SOLUSDT	−0.0102%	8h	116.16	−0.095%	$733.4M	$1.43B	100x	as long as short
Hibachi SOL/USDT-P	−0.0096%	1h	116.06	−0.187%	$100K	$675K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.23	−0.041%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0075%	1h	116.17	−0.090%	$1.8M	$3.0M	13x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.36	+0.074%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0044%	1h	116.17	−0.091%	—	$644K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.24	−0.029%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.23	−0.034%	$1.4M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.20	−0.061%	$99K	$3.5M	8.3x	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	+0.0005%	1h	116.23	−0.040%	$4.3M	$23.5M	20x	as long as short
Bitget SOLUSDT	+0.0022%	8h	116.16	−0.098%	$479.3M	$456.4M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.27	−0.003%	$7.8M	$399.3M	50x	as long as short
Aster SOLUSDT	+0.0050%	8h	116.17	−0.090%	$177.1M	$169.0M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0055%	1h	116.29	+0.016%	$26.4M	$21.6M	50x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	116.26	−0.012%	$100K	$182K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0071%	8h	116.24	−0.030%	$1.0M	$6.1M	100x	as long as short
SoDEX SOL-USD	+0.0074%	1h	116.24	−0.029%	$6.1M	$11.0M	20x	as long as short
Lighter RH SOL	+0.0080%	1h	116.16	−0.100%	$2.2M	$16.8M	25x	as long as short
Paradex SOL-USD-PERP	+0.0094%	8h	116.18	−0.079%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.16	−0.098%	$13.1M	$60.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.23	−0.038%	$351K	$256K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.15	−0.106%	$64K	$912K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.17	−0.085%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.26	−0.012%	$695.8M	$408.5M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.20	−0.063%	$15.6M	$130.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.17	−0.087%	$960.6M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.18	−0.080%	$365.9M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.15	−0.106%	$224K	$845K	10x	as long as short
Arcus SOL-USDshort	+0.0100%	1h	116.22	−0.043%	$924K	$8.5M	20x
Bulk SOL-USD	+0.0100%	1h	116.21	−0.056%	$125.5M	$25.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.18	−0.080%	$842.7M	$668.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.17	−0.089%	$371.7M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.21	−0.051%	$129.3M	$236.2M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.19	−0.076%	—	$374.3M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.23	−0.037%	$22.9M	$35.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.97	−0.257%	$24.8M	$107.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	115.98	−0.255%	$93.1M	$406.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.00	−0.234%	$47.5M	$29.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.07	−0.175%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.07	−0.175%	$1.3M	$11.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.22	−0.046%	$314K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.23	−0.041%	$282K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.21	−0.052%	$26K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.23	−0.037%	$189K	$1.7M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.21	−0.052%	$224.9M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.22	−0.046%	$45.2M	$104.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.14	−0.114%	$8.2M	$37.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.22	−0.044%	—	$236.1M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.17	−0.089%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.19	−0.070%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.24	−0.029%	$52.2M	$65.4M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.23	−0.034%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0458%	1h	116.19	−0.073%	$25K	$57K	20x	as long as short
RISEx SOL/USDClong	+0.0485%	1h	116.27	long leg	$2.1M	$4.8M	20x