SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.07 per $10,000 · paid last 24h +0.008%

Price spread now: gTrade (Gains Network) against Derive+0.063%7-day average +0.036% · you sell dearer than you buy

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

Long on Derive Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.040%−$4 on $10k

Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.063%, 7d avg +0.036%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.027% dearer against Derive than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive SOL-PERP	118.76	−0.0062	get 0.0008% / 1h	42m 41s	$2.0M	$2.8M	13x
Short	gTrade (Gains Network) SOL/USD	118.84	L 0.0000% / S +0.0004%	pay 0.0001% / 1h	42m 41s	$55K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Derive. 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 DerivebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.063%Rate

Funding earned: $12.07
Price spread: +0.063% → +0.036%: $2.69
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$1.23
Costs to cover: 0.160%
Break-even: 7.7 days

Slippage unknown: Derive: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 41 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 Derive no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) virtual book (oracle venue), 41 min ago	130.06 bp	135.1 bp −$135	135.1 bp −$1,351	749.7 bp −$75.0K	6455.8 bp −$3.23M

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
Hotstuff SOL-PERP	−0.0080%	1h	118.79	+0.024%	$842	$8K	25x	as long as short
Vest SOL-PERP	−0.0077%	1h	118.72	−0.036%	—	$610K	20x	as long as short
Derive SOL-PERPlong	−0.0062%	1h	118.76	long leg	$2.0M	$2.8M	13x
Phemex SOLUSDT	−0.0031%	8h	118.81	+0.040%	$46.5M	$101.3M	50x	as long as short
Kraken Futures PF_SOLUSD	−0.0014%	1h	118.81	+0.043%	$32.4M	$96.9M	100x	as long as short
dYdX SOL-USD	−0.0009%	1h	118.87	+0.091%	$4.9M	$26.5M	20x	as long as short
gTrade (Gains Network) SOL/USDshort	L 0.0000% / S +0.0004%	1h	118.84	+0.063%	$55K	—	150x
Kalshi KXSOLPERP	0.0000%	8h	118.76	−0.001%	$1.2M	$20.5M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.80	+0.029%	$155K	$3.9M	8.3x	as long as short
HTX SOL-USDT	+0.0030%	8h	118.71	−0.044%	$231.1M	$44.8M	75x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0056%	1h	118.83	+0.057%	$104K	$159K	20x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	118.61	−0.130%	$121K	$633K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0079%	8h	118.84	+0.069%	$1.0M	$5.9M	100x	as long as short
ApeX Omni SOLUSDT	+0.0079%	1h	118.62	−0.120%	$1.5M	$6.1M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	118.84	+0.065%	—	$367.8M	—	as long as short
Coinbase International SOL-PERP-INTX	+0.0088%	1h	118.83	+0.058%	$8.1M	$413.2M	50x	as long as short
Lighter SOL	+0.0096%	1h	118.81	+0.039%	$14.0M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.79	+0.027%	$2.2M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.83	+0.059%	$348K	$265K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.83	+0.060%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.81	+0.040%	$47K	$785K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.81	+0.036%	$5.8M	$41.0M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.84	+0.069%	$178.6M	$176.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.85	+0.077%	$12.2M	$123.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.82	+0.049%	$979.2M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.84	+0.065%	$822.7M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.83	+0.057%	$370.6M	$1.70B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.78	+0.015%	$232K	$861K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.87	+0.092%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.55	−0.178%	$133.5M	$4.7M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	118.81	+0.040%	$858.7M	$661.8M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.82	+0.049%	$426.1M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.83	+0.060%	$138.0M	$207.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.82	+0.049%	$493.1M	$446.0M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.81	+0.040%	$24.2M	$37.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.61	−0.131%	$26.9M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.57	−0.162%	$95.2M	$405.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.67	−0.074%	$48.6M	$30.1M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.67	−0.078%	$1.3M	$13.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.80	+0.032%	$360K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.80	+0.036%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.82	+0.052%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.78	+0.017%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.82	+0.049%	$6.2M	$10.8M	20x	as long as short
Hyperliquid SOL	+0.0102%	1h	118.91	+0.124%	$720.3M	$404.4M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	118.81	+0.040%	$8.7M	$35.2M	50x	as long as short
Phoenix SOL	+0.0114%	1h	118.68	−0.069%	$6.6M	$13.6M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0114%	1h	118.88	+0.100%	$26.6M	$25.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.79	+0.020%	—	$222.4M	500x	as long as short
Aftermath Perps SOLUSD	+0.0151%	1h	118.69	−0.062%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0161%	1h	118.85	+0.078%	$1.8M	$4.6M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0165% / S −0.0065%	1h	118.83	+0.054%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	118.66	−0.086%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0185%	1h	118.78	+0.018%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.80	+0.032%	$52.0M	$78.7M	125x	as long as short