SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0499%/8h= −54.6% APRnext payment −$0.62 per $10,000 · paid last 24h −0.037%

Price spread now: Coinbase International against RISEx−0.035%7-day average −0.002% · 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−$23as in the Price arb table

costs, in and out, $10k−$190.194% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.093%−$9 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.035%, 7d avg −0.002%

Together, before fees−0.135%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Coinbase International is 0.033% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.002%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.093% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.62 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	115.90	0.0547	pay 0.0068% / 1h	29m 19s	$1.9M	$4.9M	20x
Short	Coinbase International SOL-PERP-INTX	115.86	0.0048	get 0.0006% / 1h	29m 19s	$7.8M	$403.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$104.76
Price spread: −0.035% → −0.002%: −$3.27
Slippage, 4 orders: −$3.45
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$127.47
Costs to cover: 0.194%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; Coinbase International: live order book, 5 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 RISEx live order book, 5 min ago	0.04 bp	3.0 bp −$3	6.8 bp −$68	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	0.04 bp	6.3 bp −$6	9.7 bp −$97	15.6 bp −$1,563	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	−0.0241%	1h	115.83	−0.061%	$31.7M	$103.6M	100x	as long as short
Hibachi SOL/USDT-P	−0.0184%	1h	115.84	−0.055%	$104K	$693K	20x	as long as short
Bybit SOLUSDT	−0.0116%	8h	115.78	−0.106%	$740.5M	$1.42B	100x	as long as short
BingX SOL-USDC	−0.0116%	8h	115.80	−0.088%	—	$10.6M	—	as long as short
Vest SOL-PERP	−0.0091%	1h	115.83	−0.060%	—	$625K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.16	+0.223%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0073%	1h	115.73	−0.148%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.85	−0.044%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.80	−0.092%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	115.85	−0.044%	$113K	$3.7M	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	+0.0013%	1h	115.80	−0.088%	$4.3M	$24.0M	20x	as long as short
01 Exchange SOLUSD	+0.0016%	1h	115.83	−0.063%	$98K	$177K	20x	as long as short
Coinbase International SOL-PERP-INTXshort	+0.0048%	1h	115.86	−0.035%	$7.8M	$403.4M	50x
Bitget SOLUSDT	+0.0068%	8h	115.80	−0.093%	$479.3M	$455.8M	100x	as long as short
Bullet SOL-USD	+0.0089%	1h	115.84	−0.053%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0096%	8h	115.83	−0.065%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	115.77	−0.119%	$12.9M	$60.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	115.75	−0.128%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	115.83	−0.065%	$348K	$247K	20x	as long as short
Aster SOLUSDT	+0.0099%	8h	115.84	−0.055%	$173.7M	$184.6M	100x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	115.80	−0.089%	$62K	$911K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.80	−0.087%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.81	−0.078%	$5.2M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.93	+0.023%	$686.5M	$399.8M	20x	as long as short
Pacifica SOL	+0.0100%	1h	115.81	−0.083%	$15.6M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.86	−0.041%	$963.4M	$3.88B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.81	−0.081%	$361.2M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.75	−0.132%	$215K	$870K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.87	−0.026%	$913K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	115.84	−0.054%	$125.6M	$19.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	115.82	−0.072%	$840.0M	$667.6M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.87	−0.029%	$359.4M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	115.84	−0.057%	$124.5M	$229.3M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	115.84	−0.055%	$22.8M	$40.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.67	−0.204%	$24.7M	$114.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	115.77	−0.111%	$92.9M	$406.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.76	−0.124%	$47.4M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	115.81	−0.080%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	115.83	−0.063%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	115.84	−0.055%	$318K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.82	−0.071%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	115.81	−0.084%	$188K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	115.82	−0.072%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.74	−0.139%	$224.2M	$50.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	115.87	−0.029%	$45.1M	$104.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.75	−0.129%	$7.9M	$38.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.84	−0.058%	—	$239.7M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0159%	1h	115.87	−0.029%	$26.2M	$21.9M	50x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.558%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	115.87	−0.029%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.84	−0.057%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	115.69	−0.184%	$51.5M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.85	−0.045%	$3.5M	—	200x	as long as short
RISEx SOL/USDClong	+0.0547%	1h	115.90	long leg	$1.9M	$4.9M	20x
Aftermath Perps SOLUSD	+0.0595%	1h	115.90	0.000%	$25K	$53K	20x	as long as short