SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h 0.000%

Price spread now: Derive against dYdX−0.134%7-day average −0.046% · you buy dearer than you sell

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

Long on dYdX Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 on $10k

Price spread, last 3 days (all we have)−0.082%−$8 · spread now −0.134%, 7d avg −0.046%

Together, before fees+0.036%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Derive is 0.088% cheaper against dYdX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.046%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX SOL-USD	119.57	−0.0004	get 0.0001% / 1h	15m 46s	$5.0M	$27.0M	20x
Short	Derive SOL-PERP	119.41	−0.0056	pay 0.0007% / 1h	15m 46s	$2.0M	$3.2M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against dYdX. 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 dYdXbpFee DerivebpOrdersPrice spread, now −0.134%Rate

Funding earned: −$10.99
Price spread: −0.134% → −0.046%: −$8.78
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$35.77
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: dYdX: live order book, 3 min ago; Derive: 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 dYdX live order book, 3 min ago	5.01 bp	10.0 bp −$10	12.3 bp −$123	27.6 bp −$2,759	78.2 bp −$39.1K
Sell Derive no order-book sample	—	—	—	—	—

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	−0.354%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.49	−0.067%	$847	$8K	25x	as long as short
Vest SOL-PERP	−0.0073%	1h	119.45	−0.103%	—	$724K	20x	as long as short
Derive SOL-PERPshort	−0.0056%	1h	119.41	−0.134%	$2.0M	$3.2M	13x
dYdX SOL-USDlong	−0.0004%	1h	119.57	long leg	$5.0M	$27.0M	20x
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.45	−0.099%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.50	−0.059%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.47	−0.083%	$179K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.52	−0.048%	$26.8M	$27.7M	50x	as long as short
Aftermath Perps SOLUSD	+0.0027%	1h	119.62	+0.039%	$24K	$47K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0051%	8h	119.44	−0.107%	$232.7M	$44.6M	75x	as long as short
Orderly PERP_SOL_USDC	+0.0062%	8h	119.51	−0.055%	$1.1M	$5.9M	100x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.66	+0.076%	$120K	$622K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.52	−0.044%	$105K	$152K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.47	−0.089%	—	$374.0M	—	as long as short
Gate SOL_USDT	+0.0091%	8h	119.41	−0.136%	$871.8M	$687.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.44	−0.114%	$13.6M	$55.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.43	−0.123%	$2.1M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.47	−0.084%	$355K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.48	−0.081%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.51	−0.053%	$49K	$784K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.52	−0.044%	$6.3M	$41.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.54	−0.027%	$721.8M	$414.3M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.42	−0.128%	$179.8M	$175.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.54	−0.030%	$12.4M	$115.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.46	−0.094%	$979.3M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.46	−0.092%	$826.2M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.43	−0.119%	$371.5M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.48	−0.078%	$235K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.56	−0.012%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.66	+0.071%	$134.1M	$11.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.42	−0.128%	$430.7M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.42	−0.124%	$141.0M	$197.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.44	−0.115%	$498.5M	$452.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.45	−0.103%	$24.3M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.82	+0.205%	$27.5M	$127.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.86	+0.240%	$96.3M	$401.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.72	+0.125%	$49.0M	$33.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.75	+0.144%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.80	+0.190%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.46	−0.094%	$366K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.45	−0.104%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.49	−0.066%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.45	−0.106%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.45	−0.103%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.49	−0.069%	$46.7M	$101.6M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.40	−0.149%	$8.8M	$36.8M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.50	−0.061%	$8.2M	$417.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.50	−0.062%	—	$221.2M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.75	+0.148%	$6.6M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0090%	1h	119.45	−0.102%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.53	−0.038%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.44	−0.114%	$1.1M	$562K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.57	−0.002%	$51.7M	$86.9M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.49	−0.067%	$35.6M	$91.2M	100x	as long as short