SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0459%/8h= −50.3% APRnext payment −$0.57 per $10,000 · paid last 24h −0.031%

Price spread now: Pacifica against RISEx−0.038%7-day average +0.016% · 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−$22as in the Price arb table

costs, in and out, $10k−$170.169% of the position

Long on RISEx Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.091%−$9 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.038%, 7d avg +0.016%

Together, before fees−0.048%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Pacifica is 0.054% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.016%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.091% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 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	116.58	0.0559	pay 0.0070% / 1h	41m 10s	$1.9M	$4.9M	20x
Short	Pacifica SOL	116.54	0.0100	get 0.0013% / 1h	41m 10s	$15.7M	$129.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.038%Rate

Funding earned: −$96.42
Price spread: −0.038% → +0.016%: −$5.43
Slippage, 4 orders: −$2.91
Fee RISEx: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$118.77
Costs to cover: 0.169%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; Pacifica: live order book, 3 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, 3 min ago	0.04 bp	3.9 bp −$4	7.7 bp −$77	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	0.43 bp	4.4 bp −$4	8.0 bp −$80	doesn't fit	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
Vest SOL-PERP	−0.0090%	1h	116.45	−0.110%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.50	−0.070%	$911	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0056%	1h	116.59	+0.008%	$103K	$700K	20x	as long as short
Derive SOL-PERP	−0.0016%	1h	116.47	−0.099%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.54	−0.036%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.51	−0.065%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	0.0000%	1h	116.46	−0.107%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0032%	1h	116.54	−0.036%	$99K	$169K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.55	−0.026%	$7.5M	$404.3M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.56	−0.015%	$31.0M	$100.4M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0091%	8h	116.55	−0.027%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.57	−0.012%	$13.1M	$59.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.55	−0.025%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.56	−0.021%	$342K	$236K	20x	as long as short
Katana Perps SOL-USD	+0.0098%	8h	116.47	−0.096%	$50K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.57	−0.010%	$988K	$534K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.49	−0.076%	$5.4M	$39.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.66	+0.067%	$705.8M	$395.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.54	−0.036%	$175.1M	$182.0M	100x	as long as short
Pacifica SOLshort	+0.0100%	1h	116.54	−0.038%	$15.7M	$129.8M	20x
Binance SOLUSDT	+0.0100%	8h	116.57	−0.010%	$964.9M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.52	−0.053%	$785.5M	$1.34B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.61	+0.024%	$367.0M	$1.67B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.43	−0.130%	$230K	$846K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.48	−0.084%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.65	+0.059%	$133.5M	$20.6M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.60	+0.016%	$846.1M	$656.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.58	−0.001%	$418.4M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.53	−0.042%	$126.3M	$217.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.58	−0.004%	$479.0M	$441.8M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.57	−0.008%	—	$364.9M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.56	−0.018%	$23.5M	$37.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.49	−0.076%	$24.4M	$114.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.67	+0.073%	$93.7M	$396.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.62	+0.033%	$47.7M	$29.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.67	+0.079%	$1.2M	$6.6M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.60	+0.016%	$1.3M	$13.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.48	−0.087%	$322K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.51	−0.060%	$149K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.52	−0.050%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.52	−0.053%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.55	−0.027%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.47	−0.099%	$226.0M	$46.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.54	−0.036%	$45.6M	$101.6M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.49	−0.075%	$7.9M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.52	−0.057%	—	$228.5M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.56	−0.018%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.52	−0.053%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0164%	1h	116.61	+0.022%	$26.3M	$25.3M	50x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.46	−0.106%	$1.1M	$539K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.57	−0.010%	$51.7M	$72.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	116.53	−0.047%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.53	−0.042%	$140K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0516%	1h	116.61	+0.026%	$25K	$51K	20x	as long as short
RISEx SOL/USDClong	+0.0559%	1h	116.58	long leg	$1.9M	$4.9M	20x