Funding you earn now, next payment 22:00 UTC−0.0204%/8h= −22.4% APRnext payment −$0.26 per $10,000 · paid last 24h −0.069%
Price spread now: Derive against Bluefin−0.053%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.617%+$62 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Derive is 0.053% cheaper against Bluefin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.617%, 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 | 118.68 | 0.0100 | pay 0.0013% / 1h | 38m 43s | $37K | $15K | 25x |
| Short | Derive SOL-PERP | 118.61 | −0.0104 | pay 0.0013% / 1h | 38m 43s | $2.0M | $3.2M | 13x |
Bluefin SOL-PERP
Derive SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Bluefin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$42.91
- Price spread: −0.053% → 0.000%
- −$5.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$61.23
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Bluefin: no order-book sample; Derive: no order-book sample. 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 Derive no order-book sample | — | — | — | — | — |
Bluefin and Derive: 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 | +0.179% | $4K | $2K | 12x | as long as short |
| Derive SOL-PERPshort | −0.0104% | 1h | 118.61 | −0.053% | $2.0M | $3.2M | 13x | |
| Vest SOL-PERP | −0.0080% | 1h | 118.64 | −0.035% | — | $724K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.75 | +0.062% | $842 | $8K | 25x | as long as short |
| Aftermath Perps SOLUSD | −0.0033% | 1h | 118.81 | +0.113% | $24K | $48K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.70 | +0.018% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.70 | +0.020% | $1.2M | $20.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.65 | −0.021% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 118.73 | +0.048% | $26.6M | $27.7M | 50x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 118.81 | +0.112% | $4.8M | $26.9M | 20x | as long as short |
Injective SOL/USDC PERP
Vest SOL-PERP
Hotstuff SOL-PERP
Aftermath Perps SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
dYdX SOL-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | +0.0042% | 1h | 118.74 | +0.053% | $1.5M | $6.2M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0060% | 8h | 118.70 | +0.020% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0068% | 8h | 118.58 | −0.078% | $231.0M | $43.6M | 75x | as long as short |
| BingX SOL-USDC | +0.0070% | 8h | 118.70 | +0.019% | — | $10.5M | — | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 118.68 | +0.003% | $104K | $151K | 20x | as long as short |
| Gate SOL_USDT | +0.0082% | 8h | 118.69 | +0.011% | $857.4M | $678.6M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0088% | 1h | 118.79 | +0.098% | $123K | $606K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.75 | +0.064% | $13.4M | $53.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.74 | +0.056% | $2.0M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.67 | −0.006% | $353K | $741K | 20x | as long as short |
| KuCoin SOLUSDTM | +0.0097% | 8h | 118.72 | +0.039% | $143.2M | $196.6M | 75x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.66 | −0.017% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.66 | −0.014% | $45K | $780K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.72 | +0.040% | $5.5M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.84 | +0.137% | $716.5M | $412.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.77 | +0.075% | $178.9M | $174.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.82 | +0.118% | $12.4M | $114.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.78 | +0.087% | $971.2M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.81 | +0.112% | $821.7M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.78 | +0.087% | $369.5M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.76 | +0.070% | $233K | $861K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.72 | +0.036% | $1.9M | $8.9M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.80 | +0.104% | $467.1M | $1.08B | 300x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.74 | +0.056% | $495.8M | $448.4M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.68 | +0.003% | $24.2M | $38.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.76 | +0.066% | $27.4M | $127.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.71 | +0.029% | $95.3M | $397.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.74 | +0.055% | $48.6M | $33.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.80 | +0.104% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.65 | −0.023% | $363K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.67 | −0.002% | $200K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERPlong | +0.0100% | 1h | 118.68 | long leg | $37K | $15K | 25x | |
| SunX SOL-USDT | +0.0100% | 8h | 118.67 | −0.004% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.64 | −0.031% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.64 | −0.031% | $46.3M | $99.9M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.71 | +0.027% | $133.1M | $11.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.70 | +0.022% | $8.6M | $37.1M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 118.68 | +0.001% | $8.1M | $413.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.67 | −0.003% | — | $217.3M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 118.79 | +0.095% | $6.7M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0091% | 1h | 118.70 | +0.018% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 118.68 | +0.003% | $1.6M | $6.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.65 | −0.023% | $1.1M | $557K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.63 | −0.040% | $51.6M | $86.7M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0224% | 1h | 118.66 | −0.010% | $36.0M | $89.7M | 100x | as long as short |
ApeX Omni SOLUSDT
Orderly PERP_SOL_USDC
HTX SOL-USDT
BingX SOL-USDC
01 Exchange SOLUSD
Gate SOL_USDT
Hibachi SOL/USDT-P
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
KuCoin SOLUSDTM
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
MEXC SOL_USDT
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD