SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.023%

Price spread now: Ondo Perps against Deribit−0.132%7-day average −0.045% · you buy dearer than you sell

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

Long on Deribit Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 3 days (all we have)+0.635%+$64 · spread now −0.132%, 7d avg −0.045%

Together, before fees+0.779%+ Points / potential airdropOndo Perps: Active · farm board+$78 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.087% cheaper against Deribit than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.045%). If the spread goes back, that is −$9 on $10k: about 7.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SOL_USDC-PERPETUAL	118.94	0.0063	pay 0.0008% / 1h	53m 56s	$26.7M	$27.8M	50x
Short	Ondo Perps SOL-USD.P	118.78	0.0100	get 0.0013% / 1h	53m 56s	$233K	$867K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpOrdersPrice spread, now −0.132%Rate

Funding earned: $7.8
Price spread: −0.132% → −0.045%: −$8.67
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.87
Costs to cover: 0.120%
Break-even: 18.6 days

Slippage unknown: Deribit: live order book, 5 min ago; Ondo Perps: 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 Deribit live order book, 5 min ago	0.88 bp	5.0 bp −$5	5.5 bp −$55	21.1 bp −$2,112	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	118.68	−0.216%	$4K	$2K	12x	as long as short
Derive SOL-PERP	−0.0104%	1h	118.77	−0.141%	$2.0M	$3.2M	13x	as long as short
Aftermath Perps SOLUSD	−0.0085%	1h	119.04	+0.083%	$24K	$48K	20x	as long as short
Vest SOL-PERP	−0.0083%	1h	118.80	−0.114%	—	$726K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.79	−0.123%	$842	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	118.89	−0.039%	$49K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	118.87	−0.056%	$4.9M	$26.8M	20x	as long as short
Perpl SOL	0.0000%	43m	118.76	−0.148%	$184K	$4.1M	8.3x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	118.80	−0.115%	$104K	$153K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0056%	8h	118.86	−0.064%	$1.1M	$5.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUALlong	+0.0063%	1h	118.94	long leg	$26.7M	$27.8M	50x
HTX SOL-USDT	+0.0070%	8h	118.81	−0.110%	$231.5M	$43.8M	75x	as long as short
Gate SOL_USDT	+0.0079%	8h	118.85	−0.073%	$857.9M	$673.7M	100x	as long as short
KuCoin SOLUSDTM	+0.0086%	8h	118.94	+0.001%	$144.8M	$197.0M	75x	as long as short
Lighter SOL	+0.0096%	1h	118.87	−0.054%	$13.4M	$52.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.87	−0.056%	$2.0M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.89	−0.042%	$353K	$746K	20x	as long as short
Bitget SOLUSDT	+0.0097%	8h	118.90	−0.028%	$496.4M	$451.6M	100x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	118.74	−0.163%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.81	−0.106%	$47K	$781K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.75	−0.161%	$5.5M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.96	+0.023%	$717.9M	$423.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.90	−0.033%	$179.5M	$174.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.88	−0.048%	$12.4M	$113.1M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.92	−0.014%	$974.8M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.95	+0.011%	$823.3M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.90	−0.031%	$368.8M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.Pshort	+0.0100%	1h	118.78	−0.132%	$233K	$867K	10x
Arcus SOL-USD	+0.0100%	1h	118.87	−0.058%	$1.9M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.09	+0.127%	$133.4M	$13.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.90	−0.031%	$471.2M	$1.07B	300x	as long as short
BingX SOL-USDC	+0.0100%	8h	118.92	−0.016%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.91	−0.022%	$24.1M	$37.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.07	+0.116%	$27.7M	$126.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.93	−0.005%	$95.5M	$395.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.07	+0.114%	$48.7M	$33.6M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	118.99	+0.045%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.10	+0.137%	$1.4M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.77	−0.140%	$360K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.81	−0.103%	$200K	$1.8M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.86	−0.068%	$37K	$15K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.83	−0.086%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.86	−0.064%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.85	−0.073%	$46.4M	$99.8M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	118.88	−0.044%	$8.7M	$37.4M	50x	as long as short
Kalshi KXSOLPERP	+0.0104%	8h	119.14	+0.169%	$1.2M	$20.9M	3.1x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	118.92	−0.014%	$8.1M	$414.4M	50x	as long as short
Hibachi SOL/USDT-P	+0.0120%	1h	119.02	+0.073%	$123K	$621K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.98	+0.035%	—	$217.6M	500x	as long as short
Phoenix SOL	+0.0149%	1h	119.15	+0.180%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	118.84	−0.081%	$1.6M	$6.2M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	118.80	−0.118%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.18	+0.205%	$52.0M	$91.2M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0224%	1h	118.90	−0.035%	$36.2M	$90.2M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0175%	1h	118.88	−0.047%	$3.5M	—	200x	as long as short