SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0129%/8h= +14.1% APRnext payment +$0.16 per $10,000 · paid last 24h −0.017%

Price spread now: Deribit against 01 Exchange+0.029%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on 01 Exchange Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.113%−$11 on $10k

Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.029%, 7d avg −0.012%

Together, before fees−0.283%−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Deribit is 0.041% dearer against 01 Exchange than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.012%. Mind the row above: over the last 4 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SOLUSD	116.63	0.0032	pay 0.0004% / 1h	15m 10s	$100K	$178K	20x
Short	Deribit SOL_USDC-PERPETUAL	116.66	0.0161	get 0.0020% / 1h	15m 10s	$26.3M	$22.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against 01 Exchange. 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 01 ExchangebpFee DeribitbpOrdersPrice spread, now +0.029%Rate

Funding earned: $27.04
Price spread: +0.029% → −0.012%: $4.06
Slippage, 4 orders: −$16.15
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $0.95
Costs to cover: 0.302%
Break-even: 6.8 days

Slippage from 01 Exchange: live order book, 34 min ago; Deribit: live order book, 4 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 01 Exchange live order book, 34 min ago	0.86 bp	10.8 bp −$11	12.3 bp −$123	doesn't fit	doesn't fit
Sell Deribit live order book, 4 min ago	1.38 bp	5.0 bp −$5	5.9 bp −$59	20.3 bp −$2,026	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	−0.0239%	1h	116.62	−0.012%	$31.9M	$102.9M	100x	as long as short
Hibachi SOL/USDT-P	−0.0120%	1h	116.53	−0.090%	$103K	$695K	20x	as long as short
BingX SOL-USDT	−0.0108%	8h	116.59	−0.035%	—	$369.6M	—	as long as short
Bybit SOLUSDT	−0.0106%	8h	116.60	−0.029%	$740.9M	$1.43B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.63	−0.002%	$1K	$8K	25x	as long as short
Vest SOL-PERP	−0.0048%	1h	116.56	−0.059%	—	$625K	20x	as long as short
Derive SOL-PERP	−0.0003%	1h	116.53	−0.082%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.60	−0.026%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.60	−0.027%	$1.5M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.58	−0.039%	$114K	$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	+0.0009%	1h	116.61	−0.017%	$4.3M	$24.0M	20x	as long as short
01 Exchange SOLUSDlong	+0.0032%	1h	116.63	long leg	$100K	$178K	20x
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.64	+0.008%	$7.7M	$406.1M	50x	as long as short
Bitget SOLUSDT	+0.0064%	8h	116.58	−0.044%	$480.4M	$460.6M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0096%	8h	116.62	−0.010%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.61	−0.020%	$13.0M	$61.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.60	−0.026%	$2.2M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.57	−0.047%	$351K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.53	−0.086%	$64K	$912K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.60	−0.023%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.58	−0.043%	$5.2M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.69	+0.048%	$697.1M	$406.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.61	−0.017%	$175.8M	$176.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.63	−0.002%	$15.7M	$130.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.61	−0.015%	$972.8M	$3.89B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.64	+0.009%	$364.7M	$1.75B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.54	−0.077%	$217K	$877K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.61	−0.014%	$912K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	115.85	−0.667%	$123.9M	$22.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.60	−0.026%	$843.6M	$673.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.59	−0.034%	$355.5M	$1.09B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.58	−0.045%	$126.8M	$230.7M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.53	−0.086%	$23.0M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.46	−0.149%	$25.1M	$113.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.49	−0.122%	$93.5M	$409.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.40	−0.196%	$47.7M	$30.8M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.60	−0.028%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.51	−0.103%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.58	−0.043%	$319K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.59	−0.034%	$167K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.60	−0.024%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.58	−0.046%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.60	−0.026%	$6.1M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.55	−0.072%	$225.7M	$50.2M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.60	−0.026%	$45.4M	$105.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.56	−0.061%	$8.0M	$39.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.61	−0.018%	—	$239.4M	500x	as long as short
Deribit SOL_USDC-PERPETUALshort	+0.0161%	1h	116.66	+0.029%	$26.3M	$22.0M	50x
Injective SOL/USDC PERP	+0.0173%	1h	115.66	−0.832%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.53	−0.086%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	116.56	−0.062%	$1.1M	$543K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.59	−0.034%	$51.7M	$68.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.60	−0.030%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0537%	1h	116.28	−0.296%	$25K	$55K	20x	as long as short
RISEx SOL/USDC	+0.0547%	1h	116.65	+0.020%	$2.1M	$4.9M	20x	as long as short