Funding you earn now, next payment 22:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.036%
Price spread now: Polymarket Perps against Derive+0.077%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)+0.116%+$12 · spread now +0.077%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Polymarket Perps is 0.041% dearer against Derive than usual: you sell high and buy low: +$4 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 | 119.53 | −0.0056 | get 0.0007% / 1h | 16m 48s | $2.0M | $3.2M | 13x |
| Short | Polymarket Perps SOL-USD | 119.62 | 0.0100 | get 0.0013% / 1h | 16m 48s | $370K | $2.4M | 20x |
Derive SOL-PERP
Polymarket Perps SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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
- $32.84
- Price spread: +0.077% → +0.036%
- $4.1
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $22.94
- Costs to cover
- 0.140%
- Break-even
- 2.1 days
Slippage unknown: Derive: no order-book sample; Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago | 0.83 bp | 6.7 bp −$7 | 10.6 bp −$106 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0151% | 1h | 119.15 | −0.317% | $4K | $2K | 12x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.70 | +0.142% | $849 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0074% | 1h | 119.60 | +0.059% | — | $724K | 20x | as long as short |
| Derive SOL-PERPlong | −0.0056% | 1h | 119.53 | long leg | $2.0M | $3.2M | 13x | |
| dYdX SOL-USD | −0.0002% | 1h | 119.70 | +0.147% | $5.0M | $27.0M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.63 | +0.085% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.72 | +0.162% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.66 | +0.111% | $180K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 119.65 | +0.100% | $26.8M | $27.7M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0025% | 1h | 119.65 | +0.101% | $24K | $47K | 20x | as long as short |
Injective SOL/USDC PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
Aftermath Perps SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0052% | 8h | 119.57 | +0.034% | $232.9M | $44.6M | 75x | as long as short |
| Orderly PERP_SOL_USDC | +0.0062% | 8h | 119.63 | +0.081% | $1.1M | $5.9M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0064% | 1h | 119.79 | +0.218% | $120K | $622K | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.67 | +0.118% | $105K | $152K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.52 | −0.008% | — | $373.8M | — | as long as short |
| Gate SOL_USDT | +0.0091% | 8h | 119.51 | −0.015% | $872.6M | $687.6M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.57 | +0.038% | $13.6M | $55.0M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.55 | +0.021% | $2.1M | $17.0M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.60 | +0.059% | $355K | $747K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.70 | +0.143% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.72 | +0.160% | $49K | $788K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.68 | +0.129% | $6.3M | $41.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.66 | +0.110% | $722.7M | $413.9M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.54 | +0.008% | $180.0M | $176.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.75 | +0.188% | $12.4M | $115.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.53 | +0.001% | $979.9M | $3.78B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.53 | +0.001% | $826.6M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.51 | −0.015% | $372.0M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.72 | +0.160% | $235K | $874K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.76 | +0.194% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.66 | +0.108% | $134.1M | $11.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.53 | +0.001% | $436.2M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.54 | +0.010% | $141.1M | $197.8M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.51 | −0.012% | $499.4M | $452.3M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.56 | +0.026% | $24.3M | $38.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.82 | +0.243% | $27.5M | $127.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.86 | +0.277% | $96.3M | $401.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.72 | +0.162% | $49.0M | $33.3M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.75 | +0.181% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.80 | +0.227% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USDshort | +0.0100% | 1h | 119.62 | +0.077% | $370K | $2.4M | 20x | |
| Bullet SOL-USD | +0.0100% | 1h | 119.62 | +0.073% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.61 | +0.070% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.58 | +0.039% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.57 | +0.035% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.58 | +0.043% | $46.7M | $101.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.49 | −0.032% | $8.8M | $36.8M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.63 | +0.086% | $8.2M | $417.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.62 | +0.077% | — | $220.9M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.75 | +0.185% | $6.6M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0092% | 1h | 119.63 | +0.087% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 119.70 | +0.146% | $1.6M | $6.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 119.58 | +0.044% | $1.1M | $562K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.57 | +0.035% | $51.7M | $86.9M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0223% | 1h | 119.58 | +0.042% | $35.6M | $91.2M | 100x | as long as short |
HTX SOL-USDT
Orderly PERP_SOL_USDC
Hibachi SOL/USDT-P
01 Exchange SOLUSD
BingX SOL-USDT
Gate SOL_USDT
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
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD