Solana (SOL) Funding Rate — Live Perpetual Futures

What is Solana funding rate?

Funding rate is the periodic payment exchanged between long and short traders in a perpetual futures contract.

How to read the data above

The cards above show the current spot price and the funding rate on each of the three major perpetual futures exchanges. Funding rates are quoted as a percentage per 8-hour window. To annualize a rate, multiply by 3 (for daily) and then by 365. A funding rate of +0.01% per 8h is roughly +10.95% APR for the long side.

Trading strategy on Solana

When Solana funding is consistently positive above 0.01% per 8h, longs are paying a meaningful premium to stay long. Historically, this is a sign of crowded positioning that often precedes a flush. When funding is consistently negative below -0.01%, shorts are paying longs, and a short squeeze becomes more likely. The funding dashboard tracks these extremes across all pairs.

Cross-exchange funding arbitrage

Funding rates often diverge between Binance, Bybit, and OKX for the same coin. The largest divergences are highlighted on the funding dashboard. A trader can go long on the lower-funding venue and short on the higher-funding venue to capture the spread, holding a delta-neutral position. For the broader market view, see the funding screener and the intelligence page.

Market context

For sentiment context, see the Bitcoin Fear & Greed Index. For educational content on how funding is calculated and traded, see the Funding 101 guide. For data sources and methodology, see the methodology page.