Volume Monitor
Live crypto data · 9 exchanges

SOL Futures Term Structure

Every SOL dated futures contract on Binance and Bybit: days to expiry, mark and index price, basis (mark / index − 1) and annualized basis (basis × 365 / days), plotted as SOL's term structure curve with the perpetual funding rate as the 0-day point. Live from the exchanges' public APIs, refreshed every minute.

SOL's futures curve is in contango: annualized basis runs from +1.68% on Binance SOLUSD_270326 (26 Mar 2027, 179 days) to +9.59% on Bybit SOLUSDT-02OCT26 (2 Oct 2026, 3.8 days). The best cash-and-carry right now is Bybit SOLUSDT-02OCT26 (2 Oct 2026, 3.8 days): buy spot, sell that future and hold to expiry for about +9.59% a year (+0.101% over 3.8 days), before fees and the cost of funding the spot leg. Perpetual funding, the 0-day point, runs at +1.26% APR on Binance and +10.51% APR on Bybit.

6 dated contractsSource: Binance and Bybit public APIsAs of 11:43 UTC

SOL futures curve

annualized basis by days to expiry · contracts under 2 days left out
  • Binance Coin-margined
  • Bybit USDⓈ-margined
  • Perp funding APR (0 days)
0% 5% 10% 15% perp 30d 60d 90d 120d 150d 180d Binance SOLUSD_261225: +2.04% annualized, 88 days Binance SOLUSD_270326: +1.68% annualized, 179 days Bybit SOLUSDT-02OCT26: +9.59% annualized, 3.8 days Bybit SOLUSDT-09OCT26: +3.68% annualized, 11 days Bybit SOLUSDT-16OCT26: +3.79% annualized, 18 days Bybit SOLUSDT-30OCT26: +4.44% annualized, 32 days Binance perp SOLUSDT: funding +1.26% APR Bybit perp SOLUSDT: funding +10.51% APR

Every SOL dated contract

nearest expiry first
Contract Exchange Margin Expiry (UTC) Days Mark Index Basis Annualized Open interest 24h volume
SOLUSDT perp Binance USDⓈ no expiry 0 — — — +1.26% funding APR — —
SOLUSDT perp Bybit USDⓈ no expiry 0 — — — +10.51% funding APR — —
SOLUSDT-02OCT26 weekly Bybit USDⓈ 2 Oct 2026 3.8 118.86 118.74 +0.101% +9.59% $12K $4,564
SOLUSDT-09OCT26 weekly Bybit USDⓈ 9 Oct 2026 11 118.87 118.74 +0.109% +3.68% $8,815 $4,028
SOLUSDT-16OCT26 weekly Bybit USDⓈ 16 Oct 2026 18 118.96 118.74 +0.185% +3.79% $2,010 $3,122
SOLUSDT-30OCT26 monthly Bybit USDⓈ 30 Oct 2026 32 119.20 118.74 +0.387% +4.44% $681K $12K
SOLUSD_261225 quarterly Binance Coin 25 Dec 2026 88 119.28 118.69 +0.492% +2.04% $1.19M $289K
SOLUSD_270326 quarterly Binance Coin 26 Mar 2027 179 119.67 118.69 +0.825% +1.68% $210K $210K

How to read it. Basis is the contract's mark price over its exchange's index price, minus one; annualized scales it to a yearly rate, basis × 365 / days to expiry (simple, not compounded). Above zero the future trades at a premium (contango) and selling it against spot earns roughly that yield to expiry, before fees and the cost of funding the spot leg (a cash-and-carry). Below zero it trades at a discount (backwardation). The perp rows give the perpetual funding rate as an APR, the curve's 0-day point. Contracts under 2 days from expiry are flagged: annualizing a few hours of premium gives huge, meaningless numbers.

Compare every coin on the futures term structure table, the live SOL perp-vs-spot basis or SOL price, funding and open interest. Live from Binance's and Bybit's public APIs, refreshed every minute while the page is viewed; nothing is stored. Not financial advice.

SOL term structure FAQ

Is SOL's futures curve in contango or backwardation?

The summary at the top says which, from the live prices: contango when every SOL dated contract trades above its index, backwardation when every one trades below, mixed otherwise. Contracts under 2 days from expiry are left out of that call.

What is the SOL cash-and-carry yield?

Buying SOL spot and selling a dated future locks in the future's premium over the index at expiry. The annualized basis column is that premium as a simple yearly rate; fees and the cost of funding the spot leg come out of it. Nothing here is financial advice.

Why do Binance and Bybit show different basis for the same expiry?

Each contract is compared with its own exchange's index price, and coin-margined (inverse) contracts are quoted and settled differently from USDⓈ-margined ones, so the same expiry can trade a few basis points apart. The gap is usually small; a large one can be an arbitrage or a thin order book.