Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.043%
Price spread now: dYdX against Bulk+0.028%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 4 days (all we have)−0.027%−$3 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.028%, 7d avg −0.019%
=The price spread pays, funding is against you. dYdX is 0.046% dearer against Bulk than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.019%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 4 days (−0.027% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk SOL-USD | 116.66 | 0.0100 | pay 0.0013% / 1h | 53m 49s | $133.8M | $20.4M | 20x |
| Short | dYdX SOL-USD | 116.69 | 0 | get 0.0000% / 1h | 53m 49s | $4.4M | $24.2M | 20x |
Bulk SOL-USD
dYdX SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bulk. 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
- −$21
- Price spread: +0.028% → −0.019%
- $4.64
- Slippage, 4 orders
- −$24
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$57.36
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from Bulk: live order book, just now; dYdX: live order book, just now.
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 Bulk live order book, just now | 4.29 bp | 7.8 bp −$8 | 7.8 bp −$78 | 7.8 bp −$779 | 13.1 bp −$6,539 |
| Sell dYdX live order book, just now | 7.72 bp | 12.7 bp −$13 | 12.7 bp −$127 | 21.8 bp −$2,178 | 26.7 bp −$13.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | −0.0435% | 1h | 116.33 | −0.281% | $1.7M | $6.0M | 50x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.67 | +0.008% | $912 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0076% | 1h | 116.63 | −0.020% | — | $602K | 20x | as long as short |
| Hibachi SOL/USDT-P | −0.0008% | 1h | 116.68 | +0.021% | $103K | $700K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.67 | +0.012% | $54K | — | 150x | as long as short |
| dYdX SOL-USDshort | 0.0000% | 1h | 116.69 | +0.028% | $4.4M | $24.2M | 20x | |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.68 | +0.018% | $1.4M | $18.7M | 3.1x | as long as short |
| Derive SOL-PERP | +0.0012% | 1h | 116.59 | −0.059% | $1.9M | $2.8M | 13x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 116.68 | +0.019% | $99K | $168K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.70 | +0.035% | $7.6M | $404.3M | 50x | as long as short |
ApeX Omni SOLUSDT
Hotstuff SOL-PERP
Vest SOL-PERP
Hibachi SOL/USDT-P
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Derive SOL-PERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTXShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.69 | +0.032% | $30.8M | $100.0M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0080% | 1h | 116.73 | +0.060% | $26.3M | $25.2M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.65 | −0.005% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.68 | +0.021% | $13.0M | $59.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.67 | +0.014% | $2.2M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.62 | −0.032% | $342K | $229K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.70 | +0.039% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.64 | −0.015% | $50K | $845K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.66 | +0.003% | $5.5M | $39.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.76 | +0.088% | $707.5M | $394.9M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.68 | +0.023% | $175.3M | $182.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.70 | +0.039% | $15.5M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.69 | +0.027% | $962.1M | $3.77B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.64 | −0.015% | $795.1M | $1.32B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.67 | +0.011% | $365.0M | $1.66B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.66 | +0.002% | $232K | $849K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.69 | +0.026% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USDlong | +0.0100% | 1h | 116.66 | long leg | $133.8M | $20.4M | 20x | |
| Gate SOL_USDT | +0.0100% | 8h | 116.68 | +0.019% | $848.7M | $651.8M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.69 | +0.028% | $416.0M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.68 | +0.016% | $126.5M | $216.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.65 | −0.008% | $481.7M | $439.1M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.67 | +0.012% | — | $365.3M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.66 | +0.002% | $23.3M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.68 | +0.015% | $24.4M | $115.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.36 | −0.253% | $93.5M | $396.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.56 | −0.081% | $47.6M | $29.2M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.62 | −0.032% | $1.3M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.67 | +0.011% | $332K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.65 | −0.006% | $148K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.62 | −0.031% | $25K | $29K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.65 | −0.004% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.67 | +0.011% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.65 | −0.009% | $226.4M | $46.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.72 | +0.053% | $45.6M | $101.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.62 | −0.034% | $8.0M | $36.5M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.71 | +0.044% | — | $221.3M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 116.77 | +0.096% | $6.5M | $13.4M | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 117.56 | +0.773% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.65 | −0.003% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.62 | −0.032% | $51.8M | $71.9M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.67 | +0.014% | $3.5M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.73 | +0.062% | $128K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0457% | 1h | 116.79 | +0.114% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.74 | +0.073% | $1.9M | $4.9M | 20x | as long as short |
Kraken Futures PF_SOLUSD
Deribit SOL_USDC-PERPETUAL
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
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
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
Aftermath Perps SOLUSD
RISEx SOL/USDC