SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.10 per $10,000 · paid last 24h −0.055%

Price spread now: Deribit against Bluefin+0.050%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bluefin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.529%+$53 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.050% dearer against Bluefin than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.529%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bluefin SOL-PERP	119.07	0.0100	pay 0.0013% / 1h	34m 32s	$37K	$15K	25x
Short	Deribit SOL_USDC-PERPETUAL	119.13	0.0023	get 0.0003% / 1h	34m 32s	$26.7M	$27.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bluefin. 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 BluefinbpFee DeribitbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$16.19
Price spread: +0.050% → 0.000%: $4.96
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$25.23
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Bluefin: no order-book sample; Deribit: live order book, 5 min ago. Net counts fees only.

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 Bluefin no order-book sample	—	—	—	—	—
Sell Deribit live order book, 5 min ago	1.94 bp	5.6 bp −$6	5.9 bp −$59	20.3 bp −$2,026	doesn't fit

Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 55 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
Injective SOL/USDC PERP	−0.0151%	1h	118.89	−0.148%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.99	−0.068%	$2.0M	$3.2M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.19	+0.102%	$845	$8K	25x	as long as short
Vest SOL-PERP	−0.0080%	1h	119.05	−0.010%	—	$724K	20x	as long as short
Aftermath Perps SOLUSD	−0.0016%	1h	118.96	−0.086%	$24K	$47K	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.12	+0.042%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.96	−0.085%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.16	+0.075%	$180K	$4.0M	8.3x	as long as short
dYdX SOL-USD	0.0000%	1h	119.18	+0.099%	$4.9M	$26.9M	20x	as long as short
Deribit SOL_USDC-PERPETUALshort	+0.0023%	1h	119.13	+0.050%	$26.7M	$27.6M	50x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0060%	8h	119.08	+0.015%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0066%	8h	118.96	−0.089%	$231.8M	$43.6M	75x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.16	+0.079%	$104K	$152K	20x	as long as short
ApeX Omni SOLUSDT	+0.0075%	1h	119.12	+0.045%	$1.5M	$6.2M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.17	+0.090%	—	$10.5M	—	as long as short
Hibachi SOL/USDT-P	+0.0080%	1h	119.00	−0.059%	$122K	$600K	20x	as long as short
Gate SOL_USDT	+0.0087%	8h	119.18	+0.096%	$868.9M	$680.6M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.18	+0.092%	$13.5M	$53.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.19	+0.104%	$2.0M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.06	−0.009%	$354K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.16	+0.078%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.13	+0.054%	$45K	$780K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.10	+0.026%	$5.5M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.19	+0.104%	$718.7M	$413.6M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.18	+0.095%	$179.9M	$174.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.21	+0.124%	$12.4M	$114.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.15	+0.067%	$973.2M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.15	+0.071%	$825.6M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.08	+0.012%	$370.7M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.95	−0.097%	$234K	$863K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.24	+0.147%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.11	+0.037%	$471.5M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.13	+0.055%	$143.3M	$196.3M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.10	+0.026%	$497.0M	$448.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.12	+0.045%	$24.4M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.00	−0.055%	$27.4M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.71	−0.300%	$95.3M	$397.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.11	+0.035%	$48.7M	$33.4M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.06	−0.005%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.11	+0.037%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.09	+0.018%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERPlong	+0.0100%	1h	119.07	long leg	$37K	$15K	25x
SunX SOL-USDT	+0.0100%	8h	119.05	−0.013%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.06	−0.005%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.05	−0.013%	$46.5M	$99.9M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.71	−0.299%	$133.1M	$11.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.18	+0.095%	$8.6M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.11	+0.041%	$8.1M	$414.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.06	−0.009%	—	$217.0M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.03	−0.030%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.19	+0.107%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.09	+0.017%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.03	−0.030%	$51.8M	$86.9M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.09	+0.019%	$36.0M	$89.4M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0173%	1h	119.11	+0.038%	$3.6M	—	200x	as long as short