SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0299%/8h= −32.7% APRnext payment −$0.37 per $10,000 · paid last 24h −0.078%

Price spread now: Derive against RISEx−0.115%7-day average −0.049% · you buy dearer than you sell

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

Long on RISEx Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.147%−$15 on $10k

Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.115%, 7d avg −0.049%

Together, before fees−0.125%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Derive is 0.066% cheaper against RISEx than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.049%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SOL/USDC	118.72	0.0226	pay 0.0028% / 1h	25m 53s	$1.7M	$5.2M	20x
Short	Derive SOL-PERP	118.58	−0.0073	pay 0.0009% / 1h	25m 53s	$2.0M	$2.8M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.115%Rate

Funding earned: −$62.69
Price spread: −0.115% → −0.049%: −$6.63
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Derive: 3 bp × 2 orders: −$6
Net: −$81.33
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 3 min ago; Derive: 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 RISEx live order book, 3 min ago	0.04 bp	3.0 bp −$3	6.9 bp −$69	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
Hotstuff SOL-PERP	−0.0080%	1h	118.70	−0.019%	$842	$8K	25x	as long as short
Vest SOL-PERP	−0.0074%	1h	118.67	−0.041%	—	$723K	20x	as long as short
Derive SOL-PERPshort	−0.0073%	1h	118.58	−0.115%	$2.0M	$2.8M	13x
dYdX SOL-USD	−0.0015%	1h	118.73	+0.004%	$4.9M	$28.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	118.71	−0.010%	$112K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.72	−0.004%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.73	+0.008%	$176K	$4.0M	8.3x	as long as short
ApeX Omni SOLUSDT	+0.0019%	1h	118.84	+0.101%	$1.5M	$6.2M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0026%	1h	118.71	−0.005%	$26.6M	$26.0M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0075%	8h	118.68	−0.038%	$1.0M	$5.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0080%	1h	118.73	+0.008%	$103K	$157K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	118.67	−0.042%	—	$372.4M	—	as long as short
HTX SOL-USDT	+0.0084%	8h	118.57	−0.125%	$230.8M	$45.1M	75x	as long as short
Gate SOL_USDT	+0.0087%	8h	118.61	−0.093%	$861.3M	$681.3M	100x	as long as short
Lighter SOL	+0.0096%	1h	118.65	−0.059%	$13.5M	$55.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.64	−0.065%	$2.2M	$16.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	118.76	+0.031%	$119K	$629K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.65	−0.057%	$352K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.69	−0.029%	$8.1M	$415.5M	50x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.71	−0.006%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.71	−0.009%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.69	−0.026%	$6.0M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.75	+0.025%	$718.5M	$412.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.64	−0.068%	$177.7M	$177.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.74	+0.020%	$12.2M	$121.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.67	−0.043%	$979.4M	$3.83B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.70	−0.017%	$822.4M	$1.29B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.53	−0.161%	$370.6M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.68	−0.034%	$232K	$871K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.72	+0.004%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.93	+0.177%	$133.7M	$5.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.63	−0.076%	$430.6M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.63	−0.077%	$138.0M	$205.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.61	−0.097%	$491.6M	$460.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.65	−0.059%	$24.2M	$38.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.69	−0.025%	$27.1M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.84	+0.103%	$95.5M	$400.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.94	+0.185%	$48.7M	$31.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.76	+0.033%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.68	−0.034%	$367K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.69	−0.029%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.68	−0.031%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.66	−0.048%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.66	−0.051%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.68	−0.034%	$46.4M	$102.9M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.92	+0.168%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.60	−0.098%	$8.7M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	118.65	−0.059%	$32.5M	$97.2M	100x	as long as short
Aftermath Perps SOLUSD	+0.0113%	1h	118.94	+0.185%	$24K	$47K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.78	+0.053%	—	$226.0M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0168% / S −0.0066%	1h	118.70	−0.015%	$3.8M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	118.91	+0.160%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0184%	1h	118.68	−0.036%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.76	+0.033%	$52.3M	$80.4M	125x	as long as short
RISEx SOL/USDClong	+0.0226%	1h	118.72	long leg	$1.7M	$5.2M	20x