Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.09 per $10,000 · paid last 24h −0.010%
Price spread now: Jupiter Perps against Derive−0.104%7-day average +0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.436%+$44 · spread now −0.104%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Jupiter Perps is 0.133% cheaper against Derive than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive SOL-PERP | 116.72 | 0.0012 | pay 0.0002% / 1h | 56m 06s | $1.9M | $2.8M | 13x |
| Short | Jupiter Perps SOL-PERP | 116.60 | L +0.0120% / S +0.0056% | pay 0.0007% / 1h | 56m 06s | — | $221.2M | 500x |
Derive SOL-PERP
Jupiter Perps SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Jupiter Perps 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
- −$14.32
- Price spread: −0.104% → +0.029%
- −$13.31
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Net
- −$45.63
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Jupiter 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 Derive no order-book sample | — | — | — | — | — |
| Sell Jupiter Perps no order-book sample | — | — | — | — | — |
Derive and Jupiter 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.58 | −0.117% | $912 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0074% | 1h | 116.66 | −0.047% | — | $605K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.77 | +0.048% | $54K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.73 | +0.010% | $4.4M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.62 | −0.085% | $1.4M | $18.8M | 3.1x | as long as short |
| Hibachi SOL/USDT-P | +0.0008% | 1h | 116.56 | −0.135% | $104K | $697K | 20x | as long as short |
| Derive SOL-PERPlong | +0.0012% | 1h | 116.72 | long leg | $1.9M | $2.8M | 13x | |
| Lighter RH SOL | +0.0016% | 1h | 116.76 | +0.034% | $2.2M | $16.6M | 25x | as long as short |
| ApeX Omni SOLUSDT | +0.0018% | 1h | 116.81 | +0.076% | $1.7M | $6.0M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0062% | 1h | 116.81 | +0.080% | $26.3M | $25.2M | 50x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Hibachi SOL/USDT-P
Lighter RH SOL
ApeX Omni SOLUSDT
Deribit SOL_USDC-PERPETUALShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0064% | 1h | 116.74 | +0.019% | $100K | $168K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.79 | +0.065% | $7.7M | $404.5M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.77 | +0.047% | $30.8M | $100.0M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.77 | +0.041% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.77 | +0.044% | $13.0M | $59.5M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.78 | +0.054% | $342K | $228K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.65 | −0.058% | $50K | $845K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.75 | +0.028% | $1.0M | $520K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.78 | +0.056% | $5.6M | $39.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.89 | +0.147% | $708.7M | $395.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.75 | +0.027% | $175.4M | $182.1M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.71 | −0.007% | $15.5M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.81 | +0.079% | $963.1M | $3.77B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.76 | +0.036% | $796.9M | $1.32B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.83 | +0.096% | $365.1M | $1.66B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.67 | −0.041% | $232K | $848K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.73 | +0.008% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.86 | +0.118% | $134.6M | $18.3M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.77 | +0.044% | $849.6M | $651.3M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.81 | +0.079% | $416.3M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.75 | +0.025% | $126.9M | $215.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.80 | +0.066% | $482.3M | $439.0M | 100x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.77 | +0.043% | — | $10.5M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.81 | +0.079% | $23.4M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.79 | +0.062% | $24.5M | $115.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.79 | +0.065% | $93.8M | $396.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.68 | −0.034% | $47.8M | $29.0M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.63 | −0.076% | $1.3M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.75 | +0.027% | $336K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.75 | +0.031% | $148K | $1.6M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.76 | +0.039% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.76 | +0.036% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.76 | +0.035% | $226.6M | $46.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.84 | +0.104% | $45.7M | $101.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.73 | +0.013% | $8.0M | $36.7M | 50x | as long as short |
| Jupiter Perps SOL-PERPshort | L +0.0120% / S +0.0056% | 1h | 116.60 | −0.104% | — | $221.2M | 500x | |
| Phoenix SOL | +0.0129% | 1h | 117.00 | +0.241% | $6.5M | $13.3M | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 117.56 | +0.721% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.75 | +0.025% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.49 | −0.196% | $51.7M | $71.7M | 125x | as long as short |
| Perpl SOL | +0.0223% | 43m | 116.80 | +0.070% | $128K | $3.7M | 8.3x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.76 | +0.039% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0457% | 1h | 116.83 | +0.097% | $25K | $50K | 20x | as long as short |
| Bluefin SOL-PERP | +0.0487% | 1h | 116.76 | +0.038% | $25K | $29K | 25x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.77 | +0.044% | $1.9M | $4.9M | 20x | as long as short |
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
Orderly PERP_SOL_USDC
Lighter SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
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
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Phoenix SOL
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
Perpl SOL
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
Bluefin SOL-PERP
RISEx SOL/USDC