Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Bulk against Hotstuff+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bulk is 0.042% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff SOL-PERP | 118.68 | −0.0080 | get 0.0010% / 1h | 16m 07s | $841 | $8K | 25x |
| Short | Bulk SOL-USD | 118.73 | 0.0100 | get 0.0013% / 1h | 16m 07s | $133.6M | $4.6M | 20x |
Hotstuff SOL-PERP
Bulk SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Hotstuff. 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
- $37.8
- Price spread: +0.042% → 0.000%
- $4.2
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $30
- Costs to cover
- 0.120%
- Break-even
- 1.4 days
Slippage unknown: Hotstuff: no order-book sample; Bulk: live order book, 3 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 3 min ago | 4.21 bp | 7.7 bp −$8 | 7.7 bp −$77 | 7.7 bp −$771 | 7.7 bp −$3,857 |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERP | −0.0083% | 1h | 118.58 | −0.078% | $2.0M | $2.8M | 13x | as long as short |
| Hotstuff SOL-PERPlong | −0.0080% | 1h | 118.68 | long leg | $841 | $8K | 25x | |
| Vest SOL-PERP | −0.0077% | 1h | 118.63 | −0.037% | — | $723K | 20x | as long as short |
| ApeX Omni SOLUSDT | −0.0026% | 1h | 118.71 | +0.024% | $1.5M | $6.2M | 50x | as long as short |
| dYdX SOL-USD | −0.0014% | 1h | 118.70 | +0.021% | $4.8M | $28.0M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 118.68 | +0.001% | $112K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.71 | +0.030% | $1.3M | $20.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.70 | +0.017% | $175K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0026% | 1h | 118.74 | +0.055% | $26.6M | $25.8M | 50x | as long as short |
| Gate SOL_USDT | +0.0074% | 8h | 118.67 | −0.006% | $867.3M | $685.1M | 100x | as long as short |
Derive SOL-PERP
Vest SOL-PERP
ApeX Omni SOLUSDT
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
Gate SOL_USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0076% | 8h | 118.68 | −0.001% | $1.0M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0079% | 8h | 118.63 | −0.043% | $230.9M | $45.2M | 75x | as long as short |
| 01 Exchange SOLUSD | +0.0080% | 1h | 118.72 | +0.036% | $103K | $158K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 118.69 | +0.014% | — | $10.5M | — | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.69 | +0.011% | $13.4M | $56.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.68 | +0.002% | $2.1M | $17.1M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0096% | 1h | 118.60 | −0.065% | $120K | $632K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.65 | −0.021% | $352K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0096% | 1h | 118.74 | +0.056% | $8.1M | $416.9M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.73 | +0.042% | $1.0M | $521K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.67 | −0.006% | $45K | $802K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.72 | +0.032% | $5.7M | $40.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.85 | +0.147% | $718.6M | $410.9M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.67 | −0.006% | $178.6M | $178.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.74 | +0.053% | $12.2M | $121.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.71 | +0.030% | $977.9M | $3.84B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.75 | +0.066% | $824.0M | $1.29B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.73 | +0.045% | $369.8M | $1.73B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.63 | −0.040% | $228K | $876K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.73 | +0.045% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USDshort | +0.0100% | 1h | 118.73 | +0.042% | $133.6M | $4.6M | 20x | |
| MEXC SOL_USDT | +0.0100% | 8h | 118.69 | +0.011% | $426.1M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.69 | +0.008% | $137.4M | $205.8M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.72 | +0.038% | $492.5M | $460.3M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.74 | +0.053% | $24.1M | $38.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.70 | +0.018% | $27.0M | $129.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.65 | −0.022% | $95.3M | $403.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.69 | +0.008% | $48.6M | $31.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.61 | −0.056% | $1.3M | $13.6M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.68 | +0.003% | $363K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.66 | −0.013% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.70 | +0.016% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.68 | −0.002% | $192K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.69 | +0.011% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.71 | +0.028% | $46.4M | $102.9M | 50x | as long as short |
| Phoenix SOL | +0.0100% | 1h | 118.70 | +0.019% | $6.6M | $13.7M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.66 | −0.012% | $8.6M | $36.1M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0105% | 1h | 118.71 | +0.031% | $32.6M | $97.4M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0112% | 1h | 118.70 | +0.020% | $24K | $47K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.69 | +0.011% | — | $226.6M | 500x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0167% / S −0.0068% | 1h | 118.68 | +0.001% | $3.7M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0170% | 1h | 118.91 | +0.196% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0184% | 1h | 118.67 | −0.006% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.55 | −0.107% | $51.9M | $80.5M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 118.68 | +0.006% | $1.8M | $5.1M | 20x | as long as short |
Orderly PERP_SOL_USDC
HTX SOL-USDT
01 Exchange SOLUSD
BingX SOL-USDC
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
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
Kraken Futures PF_SOLUSD
Aftermath Perps SOLUSD
Jupiter Perps SOL-PERP
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
RISEx SOL/USDC