SOL funding rates

SOL perpetual funding is currently quoted across 26 venues, ranging from -13.7% to +30.1% APR. The most reliable delta-neutral pairing for SOL right now is long Hibachi / short Phoenix at +25.9% net APR (high risk, ~1.2d to break even).

as of 2026-09-12 19:21 UTC
Best delta-neutral pairing
Long Hibachi / Short Phoenix
+25.9% net APR
Backtested (30d)
+16.2%
Stability
98.3%
Risk
high
Breakeven
~1.2d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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SOL funding by exchange

ExchangeFunding APR
Phoenix+30.14%
n1xyz+12.26%
Ondo+10.95%
Arcus+10.95%
Grvt+10.95%
Bulk+10.95%
Nado+10.95%
Katana+10.93%
Lighter RH+10.51%
Decibel+8.76%
Extended+8.76%
Paradex+7.91%
Variational+5.48%
TxFlow+4.96%
Aster+4.44%
Lighter+4.38%
Pacifica+3.94%
SoDEX+3.35%
Hyperliquid+2.86%
Polymarket+1.96%
Perpl+0.00%
Hibachi-0.11%
RiseX-2.01%
HotStuff-8.76%
dYdX-9.29%
Kraken-13.65%

Frequently asked

What is the SOL funding rate right now?

SOL perpetual funding ranges from -13.65% to 30.14% APR across 26 exchanges we track; the widest delta-neutral spread is long Hibachi / short Phoenix at 25.9% net APR.

Which exchange has the highest SOL funding rate?

Phoenix currently has the highest at 30.14% APR. See the full ranking above.