Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%
Price spread now: Deribit against dYdX+0.034%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.034%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.024% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SOL-USD | 118.90 | −0.0018 | get 0.0002% / 1h | 30m 15s | $4.9M | $28.0M | 20x |
| Short | Deribit SOL_USDC-PERPETUAL | 118.94 | 0.0006 | get 0.0001% / 1h | 30m 15s | $26.6M | $26.0M | 50x |
dYdX SOL-USD
Deribit SOL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. 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
- $4.87
- Price spread: +0.034% → +0.010%
- $2.39
- Slippage, 4 orders
- −$12.41
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.14
- Costs to cover
- 0.294%
- Break-even
- 38.8 days
Slippage from dYdX: live order book, 4 min ago; Deribit: live order book, 4 min ago.
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 dYdX live order book, 4 min ago | 4.20 bp | 9.2 bp −$9 | 36.0 bp −$360 | 56.3 bp −$5,634 | 116.3 bp −$58.1K |
| Sell Deribit live order book, 4 min ago | 1.89 bp | 5.5 bp −$6 | 6.2 bp −$62 | 23.3 bp −$2,330 | doesn't fit |
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 | 118.89 | −0.014% | $843 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0075% | 1h | 118.87 | −0.031% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0073% | 1h | 118.82 | −0.071% | $2.0M | $2.8M | 13x | as long as short |
| dYdX SOL-USDlong | −0.0018% | 1h | 118.90 | long leg | $4.9M | $28.0M | 20x | |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 118.92 | +0.014% | $112K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.94 | +0.035% | $1.3M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.90 | −0.002% | $177K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUALshort | +0.0006% | 1h | 118.94 | +0.034% | $26.6M | $26.0M | 50x | |
| ApeX Omni SOLUSDT | +0.0038% | 1h | 118.99 | +0.074% | $1.5M | $6.2M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0075% | 8h | 118.91 | +0.007% | $1.0M | $5.9M | 100x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
ApeX Omni SOLUSDT
Orderly PERP_SOL_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0080% | 1h | 118.96 | +0.049% | $104K | $158K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 118.87 | −0.026% | — | $10.5M | — | as long as short |
| HTX SOL-USDT | +0.0087% | 8h | 118.83 | −0.059% | $231.3M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0088% | 8h | 118.89 | −0.010% | $863.1M | $679.7M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.87 | −0.024% | $13.6M | $55.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.86 | −0.037% | $2.2M | $16.9M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0096% | 1h | 119.04 | +0.112% | $120K | $628K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.89 | −0.010% | $352K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0096% | 1h | 118.91 | +0.002% | $8.1M | $416.4M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.87 | −0.028% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.92 | +0.015% | $45K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.91 | +0.002% | $6.1M | $40.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.02 | +0.099% | $720.4M | $412.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.88 | −0.021% | $178.0M | $176.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.92 | +0.016% | $12.3M | $120.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.87 | −0.023% | $982.4M | $3.82B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.91 | +0.007% | $825.2M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.86 | −0.035% | $372.0M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.88 | −0.019% | $233K | $872K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.94 | +0.030% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.93 | +0.024% | $133.7M | $5.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.92 | +0.015% | $434.4M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.91 | +0.003% | $138.6M | $205.0M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.86 | −0.031% | $492.8M | $460.1M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.97 | +0.057% | $24.3M | $38.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.01 | +0.092% | $27.2M | $129.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.97 | +0.053% | $95.6M | $403.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.98 | +0.061% | $48.7M | $31.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.04 | +0.116% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.89 | −0.010% | $366K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.90 | −0.006% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.90 | 0.000% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.94 | +0.028% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.88 | −0.019% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.91 | +0.007% | $46.5M | $102.8M | 50x | as long as short |
| Phoenix SOL | +0.0100% | 1h | 119.08 | +0.150% | $6.6M | $13.7M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.86 | −0.037% | $8.7M | $36.0M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0105% | 1h | 119.10 | +0.169% | $24K | $47K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0105% | 1h | 118.88 | −0.015% | $32.5M | $97.2M | 100x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.96 | +0.052% | — | $225.4M | 500x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0168% / S −0.0068% | 1h | 118.91 | +0.006% | $3.8M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0170% | 1h | 119.60 | +0.587% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0183% | 1h | 118.88 | −0.021% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.95 | +0.040% | $52.2M | $81.7M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 118.95 | +0.037% | $1.7M | $5.2M | 20x | as long as short |
01 Exchange SOLUSD
BingX SOL-USDC
HTX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Hibachi SOL/USDT-P
Aevo SOL-PERP
Coinbase International SOL-PERP-INTX
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
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Aftermath Perps SOLUSD
Kraken Futures PF_SOLUSD
Jupiter Perps SOL-PERP
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
RISEx SOL/USDC