SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0110%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.035%

Price spread now: Ondo Perps against Derive−0.054%7-day average +0.008% · you buy dearer than you sell

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

Long on Derive Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 4 days (all we have)+0.566%+$57 · spread now −0.054%, 7d avg +0.008%

Together, before fees+0.624%+ Points / potential airdropOndo Perps: Active · farm board+$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.062% cheaper against Derive than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.008%). If the spread goes back, that is −$6 on $10k: about 45 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.058% in total) that is about 7.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive SOL-PERP	117.27	−0.0010	get 0.0001% / 1h	44m 12s	$1.9M	$2.8M	13x
Short	Ondo Perps SOL-USD.P	117.21	0.0100	get 0.0013% / 1h	44m 12s	$237K	$847K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 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 Ondo PerpsbpOrdersPrice spread, now −0.054%Rate

Funding earned: $23.15
Price spread: −0.054% → +0.008%: −$6.23
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $5.92
Costs to cover: 0.110%
Break-even: 5.2 days

Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Derive and 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
Hotstuff SOL-PERP	−0.0080%	1h	117.42	+0.122%	$918	$8K	25x	as long as short
Vest SOL-PERP	−0.0058%	1h	117.34	+0.057%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.34	+0.060%	$31.5M	$98.1M	100x	as long as short
Derive SOL-PERPlong	−0.0010%	1h	117.27	long leg	$1.9M	$2.8M	13x
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.32	+0.039%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.41	+0.115%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.43	+0.131%	$1.4M	$19.5M	3.1x	as long as short
HTX SOL-USDT	+0.0047%	8h	117.27	−0.005%	$227.8M	$45.6M	75x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0056%	1h	117.39	+0.095%	$26.4M	$25.2M	50x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	117.39	+0.099%	$100K	$163K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.37	+0.082%	$8.0M	$402.5M	50x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.49	+0.183%	$100K	$691K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.33	+0.046%	—	$363.1M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.37	+0.081%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.35	+0.066%	$13.0M	$59.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.33	+0.052%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.34	+0.059%	$344K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.35	+0.065%	$67K	$835K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.43	+0.134%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.39	+0.098%	$5.7M	$39.6M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.38	+0.086%	$176.2M	$176.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.44	+0.145%	$14.5M	$127.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.34	+0.056%	$966.4M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.41	+0.115%	$820.1M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.42	+0.125%	$365.3M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.Pshort	+0.0100%	1h	117.21	−0.054%	$237K	$847K	10x
Arcus SOL-USD	+0.0100%	1h	117.41	+0.113%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.45	+0.150%	$134.7M	$15.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.39	+0.099%	$857.7M	$646.3M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.40	+0.108%	$423.9M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.37	+0.085%	$130.1M	$212.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.33	+0.049%	$485.9M	$433.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.50	+0.193%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.36	+0.077%	$24.3M	$119.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.27	−0.006%	$94.2M	$400.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.27	−0.007%	$48.0M	$28.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.29	+0.014%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.36	+0.073%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.36	+0.073%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.32	+0.039%	$199K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.33	+0.050%	$25K	$27K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.35	+0.064%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.35	+0.065%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.37	+0.082%	$45.7M	$100.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.32	+0.038%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.48	+0.173%	—	$220.8M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.56	+0.244%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.47	+0.167%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0157%	1h	117.49	+0.184%	$717.4M	$393.2M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.34	+0.054%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.38	+0.091%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.47	+0.167%	—	$70.5M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.31	+0.034%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0381%	1h	117.40	+0.108%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.40	+0.109%	$128K	$3.8M	8.3x	as long as short