SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h +0.005%

Price spread now: Deribit against ApeX Omni+0.243%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$4as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.199%+$20 on $10k

Price spread, last 3 days (all we have)−0.187%−$19 · spread now +0.243%, 7d avg +0.039%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.204% dearer against ApeX Omni than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOLUSDT	117.31	0.0068	pay 0.0009% / 1h	7m 03s	$1.5M	$6.0M	50x
Short	Deribit SOL_USDC-PERPETUAL	117.59	0.0062	get 0.0008% / 1h	7m 03s	$26.4M	$25.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against ApeX Omni. 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 ApeX OmnibpFee DeribitbpOrdersPrice spread, now +0.243%Rate

Funding earned: −$1.29
Price spread: +0.243% → +0.039%: $20.39
Slippage, 4 orders: −$7.44
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$5.34
Costs to cover: 0.244%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 2 min ago; Deribit: live order book, 2 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 ApeX Omni live order book, 2 min ago	1.70 bp	6.7 bp −$7	8.8 bp −$88	65.6 bp −$6,563	doesn't fit
Sell Deribit live order book, 2 min ago	0.94 bp	5.3 bp −$5	5.6 bp −$56	19.1 bp −$1,907	doesn't fit

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	117.58	+0.232%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0061%	1h	117.44	+0.108%	—	$607K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.51	+0.173%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.53	+0.188%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.56	+0.217%	$1.4M	$20.4M	3.1x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.54	+0.195%	$1.9M	$4.8M	20x	as long as short
Derive SOL-PERP	+0.0021%	1h	117.46	+0.124%	$2.0M	$2.8M	13x	as long as short
Hibachi SOL/USDT-P	+0.0040%	1h	117.53	+0.188%	$100K	$690K	20x	as long as short
HTX SOL-USDT	+0.0043%	8h	117.41	+0.088%	$228.2M	$45.4M	75x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.55	+0.201%	$31.5M	$98.6M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SOL_USDT	+0.0051%	8h	117.53	+0.188%	$847.6M	$666.9M	100x	as long as short
Deribit SOL_USDC-PERPETUALshort	+0.0062%	1h	117.59	+0.243%	$26.4M	$25.4M	50x
ApeX Omni SOLUSDTlong	+0.0068%	1h	117.31	long leg	$1.5M	$6.0M	50x
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.56	+0.215%	$8.0M	$406.3M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.55	+0.205%	—	$369.1M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.52	+0.182%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.54	+0.193%	$13.1M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.53	+0.187%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.49	+0.153%	$104K	$157K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.53	+0.189%	$344K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.48	+0.148%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.48	+0.145%	$67K	$846K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.53	+0.192%	$5.8M	$40.9M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.52	+0.179%	$176.4M	$178.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.56	+0.217%	$14.5M	$128.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.55	+0.202%	$968.8M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.55	+0.205%	$820.7M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.54	+0.196%	$366.5M	$1.65B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.31	0.000%	$238K	$862K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.51	+0.173%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.53	+0.184%	$134.5M	$13.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.54	+0.196%	$423.4M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.53	+0.183%	$130.5M	$211.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.54	+0.194%	$487.2M	$437.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.54	+0.196%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.49	+0.157%	$24.3M	$121.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.33	+0.014%	$94.2M	$404.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.36	+0.040%	$48.1M	$28.7M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.41	+0.085%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.50	+0.162%	$354K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.52	+0.177%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.51	+0.172%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.50	+0.165%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.55	+0.205%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.56	+0.213%	$45.8M	$101.1M	50x	as long as short
Phoenix SOL	+0.0101%	1h	117.64	+0.281%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.51	+0.169%	$8.1M	$36.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.53	+0.187%	—	$223.7M	500x	as long as short
Hyperliquid SOL	+0.0119%	1h	117.65	+0.290%	$719.5M	$393.6M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.51	+0.168%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.45	+0.119%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0174%	1h	117.51	+0.170%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0349%	1h	117.57	+0.218%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.51	+0.170%	$128K	$3.8M	8.3x	as long as short