Funding you earn now, next payment 02:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%
Price spread now: Backpack against Jupiter Perps−0.026%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.026%, 7d avg +0.003%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Backpack is 0.030% cheaper against Jupiter Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Jupiter Perps SOL-PERP | 118.06 | L +0.0112% / S +0.0056% | pay 0.0014% / 1h | 51m 38s | — | $228.6M | 500x |
| Short | Backpack SOL_USDC_PERP | 118.03 | 0.0100 | get 0.0013% / 1h | 51m 38s | $23.8M | $36.9M | 50x |
Jupiter Perps SOL-PERP
Backpack SOL_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Jupiter Perps. 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
- −$2.52
- Price spread: −0.026% → +0.003%
- −$2.97
- Slippage, 4 orders
- no order book: not counted
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$27.49
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; Backpack: 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 Jupiter Perps no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 3 min ago | 0.42 bp | 5.8 bp −$6 | 6.2 bp −$62 | 8.0 bp −$799 | doesn't fit |
Jupiter 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | −0.0556% | 1h | 117.84 | −0.188% | $1.5M | $6.1M | 50x | as long as short |
| Hibachi SOL/USDT-P | −0.0088% | 1h | 117.92 | −0.117% | $92K | $705K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.92 | −0.117% | $922 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0078% | 1h | 117.94 | −0.099% | — | $610K | 20x | as long as short |
| HTX SOL-USDT | −0.0066% | 8h | 117.92 | −0.121% | $229.3M | $44.9M | 75x | as long as short |
| Gate SOL_USDT | −0.0044% | 8h | 117.89 | −0.145% | $846.9M | $650.9M | 100x | as long as short |
| Derive SOL-PERP | −0.0022% | 1h | 117.88 | −0.154% | $2.0M | $2.7M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.97 | −0.076% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.93 | −0.110% | $4.5M | $25.9M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.01 | −0.040% | $1.5M | $21.4M | 3.1x | as long as short |
ApeX Omni SOLUSDT
Hibachi SOL/USDT-P
Hotstuff SOL-PERP
Vest SOL-PERP
HTX SOL-USDT
Gate SOL_USDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl SOL | 0.0000% | 43m | 118.09 | +0.029% | $131K | $4.0M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.94 | −0.104% | $1.8M | $4.6M | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0037% | 1h | 118.02 | −0.036% | $26.4M | $25.3M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.98 | −0.068% | $31.5M | $98.6M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 117.95 | −0.094% | $102K | $162K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 118.01 | −0.040% | $7.9M | $410.8M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 117.90 | −0.133% | — | $369.5M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0083% | 8h | 117.98 | −0.071% | $1.1M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.86 | −0.167% | $13.5M | $58.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.89 | −0.143% | $2.2M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.97 | −0.078% | $346K | $264K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 117.83 | −0.195% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.89 | −0.145% | $45K | $819K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.03 | −0.031% | $5.7M | $41.4M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.93 | −0.108% | $177.3M | $181.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.90 | −0.133% | $12.8M | $128.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.92 | −0.123% | $976.1M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.90 | −0.137% | $820.7M | $1.29B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.86 | −0.170% | $366.6M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.10 | +0.033% | $239K | $909K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.94 | −0.106% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.15 | +0.075% | $136.0M | $13.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.88 | −0.154% | $422.1M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.87 | −0.163% | $133.5M | $207.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.90 | −0.139% | $489.3M | $445.5M | 100x | as long as short |
| Backpack SOL_USDC_PERPshort | +0.0100% | 1h | 118.03 | −0.026% | $23.8M | $36.9M | 50x | |
| Variational Omni SOL | +0.0100% | 8h | 117.61 | −0.385% | $24.4M | $130.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.73 | −0.280% | $94.6M | $402.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.06 | 0.000% | $48.4M | $29.6M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.86 | −0.170% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.04 | −0.018% | $353K | $2.3M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.98 | −0.069% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.96 | −0.087% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.95 | −0.090% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.98 | −0.069% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.00 | −0.052% | $45.9M | $101.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.02 | −0.035% | $717.3M | $401.0M | 20x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.72 | −0.289% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.91 | −0.132% | $8.3M | $35.8M | 50x | as long as short |
| Jupiter Perps SOL-PERPlong | L +0.0112% / S +0.0056% | 1h | 118.06 | long leg | — | $228.6M | 500x | |
| Reya SOLRUSDPERP | +0.0187% | 1h | 118.00 | −0.049% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.98 | −0.069% | $52.3M | $74.2M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 119.50 | +1.219% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0167% | 1h | 117.98 | −0.071% | $3.7M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0290% | 1h | 118.04 | −0.017% | $25K | $51K | 20x | as long as short |
Perpl SOL
RISEx SOL/USDC
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
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
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
Hyperliquid SOL
Phoenix SOL
Extended SOL-USD
Reya SOLRUSDPERP
BloFin SOL-USDT
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD