SOLperpetual futures
Funding is the periodic payment exchanged between long and short perpetual positions. A high 90-day percentile means funding for SOL is elevated versus its own recent norm — often a sign of crowded longs and a higher chance of a long squeeze.
Funding history
Jade above the zero line: longs pay shorts. Clay below: shorts pay longs.
SOL across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | +1.92% | $332.58M | 57% |
| O | -2.41% | $250.06M | 43% |
Funding annualized per venue interval; open interest is the latest reading per exchange.
Interpretation
SOL's derivatives market shows modest leverage expansion paired with a balanced liquidation profile. Open interest stands at $1.7B, having grown +5.6% over the past 24 hours and +2.4% over the past week, indicating steady accumulation of positions. The aggregated funding rate of 2.20% annualized is moderately positive, reflecting a slight crowding of longs, though this sits at the 59th percentile of the past 90 days—neither elevated nor subdued relative to recent history.
The liquidation imbalance of -0.33 over 24 hours signals that shorts have faced slightly more pressure than longs, a minor asymmetry that does not suggest acute instability in either direction. Most notably, the leverage risk score of 12 is exceptionally low, pointing to a resilient and uncrowded positioning structure. Taken together, SOL's derivatives setup appears healthy: positioning is growing but not stressed, funding remains benign, and the underlying leverage fragility is minimal. This environment suggests limited near-term liquidation cascade risk.
FAQ
What is the funding rate for SOL right now?
As of the latest reading, SOL aggregated funding is +0.17% annualized, at the 46th percentile of its own last 90 days. Funding is a recurring payment between long and short SOL perpetual holders that keeps the contract price anchored to spot: positive means longs pay shorts, negative means shorts pay longs.
What does a high funding percentile mean?
It means current SOL funding is high versus its own last 90 days — usually a sign of crowded long positioning, which can precede a long squeeze if price turns.
How is aggregated funding calculated?
Each exchange's rate is annualized (accounting for 4h vs 8h intervals), then averaged weighted by open interest across Binance, Bybit, OKX and Bitget. See the methodology page for the exact formula.
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Exactly how each number is computed.