Funding you earn now, next payment 23:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.017%
Price spread now: GRVT against Derive+0.014%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)+0.056%+$6 · spread now +0.014%, 7d avg +0.035%
=Together, before fees+0.049%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.021% cheaper against Derive than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.035%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive SOL-PERP | 119.19 | −0.0052 | get 0.0006% / 1h | 0m 29s | $2.0M | $2.8M | 13x |
| Short | GRVT SOL_USDT_Perp | 119.21 | 0.0100 | get 0.0100% / 8h | 1h 00m | $48.8M | $31.5M | 20x |
Derive SOL-PERP
GRVT SOL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Derive. 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
- $31.88
- Price spread: +0.014% → +0.035%
- −$2.11
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $14.77
- Costs to cover
- 0.150%
- Break-even
- 3.8 days
Slippage unknown: Derive: no order-book sample; GRVT: live order book, 4 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 GRVT live order book, 4 min ago | 0.42 bp | 4.9 bp −$5 | 4.9 bp −$49 | 10.1 bp −$1,008 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0169% | 1h | 119.27 | +0.067% | $37K | $17K | 25x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.37 | +0.150% | $846 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0064% | 1h | 119.33 | +0.118% | — | $723K | 20x | as long as short |
| Derive SOL-PERPlong | −0.0052% | 1h | 119.19 | long leg | $2.0M | $2.8M | 13x | |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.29 | +0.080% | $115K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.42 | +0.192% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.30 | +0.088% | $1.2M | $20.6M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.38 | +0.154% | $177K | $4.0M | 8.3x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.28 | +0.072% | $6.6M | $13.6M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 119.43 | +0.198% | $104K | $157K | 20x | as long as short |
Bluefin SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
Phoenix SOL
01 Exchange SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0070% | 8h | 119.28 | +0.071% | $1.1M | $5.9M | 100x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.40 | +0.172% | — | $372.7M | — | as long as short |
| HTX SOL-USDT | +0.0082% | 8h | 119.23 | +0.031% | $232.1M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0086% | 8h | 119.37 | +0.148% | $871.9M | $690.9M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0088% | 1h | 119.29 | +0.077% | $118K | $608K | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0088% | 1h | 119.23 | +0.033% | $24K | $47K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.38 | +0.158% | $13.6M | $56.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.36 | +0.141% | $2.2M | $17.0M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.10 | −0.076% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.35 | +0.132% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.39 | +0.165% | $45K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.36 | +0.141% | $6.1M | $41.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.50 | +0.257% | $720.8M | $410.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.40 | +0.173% | $178.8M | $175.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.41 | +0.180% | $12.4M | $119.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.40 | +0.177% | $983.5M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.44 | +0.207% | $830.8M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.41 | +0.181% | $372.9M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.28 | +0.072% | $233K | $872K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.43 | +0.197% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.35 | +0.131% | $133.8M | $7.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.42 | +0.190% | $453.9M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.42 | +0.190% | $139.9M | $202.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.42 | +0.186% | $497.2M | $455.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.39 | +0.165% | $24.2M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.17 | −0.021% | $27.5M | $128.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.22 | +0.020% | $95.8M | $401.3M | 75x | as long as short |
| GRVT SOL_USDT_Perpshort | +0.0100% | 8h | 119.21 | +0.014% | $48.8M | $31.5M | 20x | |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.17 | −0.016% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.29 | +0.081% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.40 | +0.173% | $370K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.42 | +0.186% | $203K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.25 | +0.043% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.28 | +0.072% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.28 | +0.072% | $46.6M | $102.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.37 | +0.149% | $8.7M | $36.2M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.31 | +0.093% | $8.3M | $416.7M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0113% | 1h | 119.34 | +0.120% | $26.7M | $27.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.26 | +0.058% | — | $224.5M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.30 | +0.086% | $32.6M | $96.8M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0169% / S −0.0071% | 1h | 119.28 | +0.074% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 119.40 | +0.172% | $1.1M | $547K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.45 | +0.216% | $1.7M | $5.5M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.02 | −0.146% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.36 | +0.140% | $52.1M | $84.1M | 125x | as long as short |
Orderly PERP_SOL_USDC
BingX SOL-USDT
HTX SOL-USDT
Gate SOL_USDT
Hibachi SOL/USDT-P
Aftermath Perps SOLUSD
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
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Deribit SOL_USDC-PERPETUAL
Jupiter Perps SOL-PERP
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT