SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.012%

Price spread now: ApeX Omni against Deribit−0.374%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$230.226% of the position

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.214%−$21 on $10k

Price spread, last 3 days (all we have)+0.422%+$42 · spread now −0.374%, 7d avg −0.038%

Together, before fees+0.208%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.336% cheaper against Deribit than usual: you would sell low and buy high (spread −0.374% now, against its 7-day average of −0.038%). If the spread goes back, that is −$34 on $10k: about 27 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.214%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SOL_USDC-PERPETUAL	119.19	0	get 0.0000% / 1h	37m 14s	$26.7M	$27.6M	50x
Short	ApeX Omni SOLUSDT	118.74	0.0042	get 0.0005% / 1h	37m 14s	$1.5M	$6.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now −0.374%Rate

Funding earned: $8.8
Price spread: −0.374% → −0.038%: −$33.6
Slippage, 4 orders: −$5.57
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$47.37
Costs to cover: 0.226%
Break-even: 44.7 days

Slippage from Deribit: live order book, 2 min ago; ApeX Omni: 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 Deribit live order book, 2 min ago	1.94 bp	5.7 bp −$6	6.7 bp −$67	19.2 bp −$1,921	doesn't fit
Sell ApeX Omni live order book, 2 min ago	0.42 bp	5.8 bp −$6	8.1 bp −$81	63.0 bp −$6,304	doesn't fit

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	−0.248%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	119.06	−0.104%	$2.0M	$3.2M	13x	as long as short
Vest SOL-PERP	−0.0080%	1h	119.02	−0.138%	—	$724K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.72	−0.388%	$842	$8K	25x	as long as short
Aftermath Perps SOLUSD	−0.0025%	1h	118.87	−0.266%	$24K	$47K	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.16	−0.023%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.86	−0.274%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.11	−0.062%	$180K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUALlong	0.0000%	1h	119.19	long leg	$26.7M	$27.6M	50x
dYdX SOL-USD	0.0000%	1h	119.09	−0.084%	$4.9M	$26.9M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni SOLUSDTshort	+0.0042%	1h	118.74	−0.374%	$1.5M	$6.2M	50x
Orderly PERP_SOL_USDC	+0.0060%	8h	119.16	−0.020%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0068%	8h	119.05	−0.117%	$231.9M	$43.6M	75x	as long as short
BingX SOL-USDC	+0.0070%	8h	119.10	−0.069%	—	$10.5M	—	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.18	−0.005%	$104K	$152K	20x	as long as short
Gate SOL_USDT	+0.0083%	8h	119.11	−0.063%	$860.1M	$679.1M	100x	as long as short
Hibachi SOL/USDT-P	+0.0088%	1h	118.93	−0.215%	$123K	$600K	20x	as long as short
Lighter SOL	+0.0096%	1h	119.07	−0.097%	$13.5M	$53.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.01	−0.145%	$2.0M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.14	−0.040%	$354K	$741K	20x	as long as short
KuCoin SOLUSDTM	+0.0098%	8h	119.14	−0.041%	$143.6M	$196.5M	75x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.10	−0.075%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.13	−0.046%	$45K	$780K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.10	−0.067%	$5.5M	$40.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.21	+0.021%	$718.6M	$412.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.12	−0.055%	$179.4M	$174.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.10	−0.074%	$12.4M	$114.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.15	−0.032%	$973.2M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.15	−0.029%	$823.6M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.10	−0.072%	$370.7M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.08	−0.088%	$233K	$863K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.18	−0.007%	$1.9M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.13	−0.046%	$468.0M	$1.08B	300x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.12	−0.052%	$497.1M	$448.4M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.97	−0.181%	$24.3M	$38.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.76	−0.361%	$27.4M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.71	−0.399%	$95.3M	$397.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.74	−0.371%	$48.6M	$33.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.87	−0.265%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.14	−0.038%	$364K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.13	−0.046%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.13	−0.045%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.10	−0.072%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.12	−0.055%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.10	−0.072%	$46.5M	$99.9M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.71	−0.399%	$133.1M	$11.8M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.11	−0.064%	$8.6M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.16	−0.018%	$8.1M	$414.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.15	−0.034%	—	$217.3M	500x	as long as short
Phoenix SOL	+0.0154%	1h	118.79	−0.332%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.18	−0.001%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.13	−0.050%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.63	−0.466%	$51.6M	$86.7M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.12	−0.051%	$36.1M	$89.3M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0173%	1h	119.15	−0.032%	$3.6M	—	200x	as long as short