Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.003%
Price spread now: Orderly against OKX−0.042%7-day average +0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)−0.298%−$30 · spread now −0.042%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.062% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOL-USDT-SWAP | 118.91 | 0.0100 | pay 0.0100% / 8h | 2h 53m | $368.9M | $1.71B | 100x |
| Short | Orderly PERP_SOL_USDC | 118.86 | 0.0056 | get 0.0056% / 8h | 2h 53m | $1.1M | $5.9M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- −$9.23
- Price spread: −0.042% → +0.020%
- −$6.23
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$31.47
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Orderly: 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 OKX live order book, 5 min ago | 0.42 bp | 5.4 bp −$5 | 6.0 bp −$60 | 8.7 bp −$869 | 16.9 bp −$8,429 |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 118.68 | −0.193% | $4K | $2K | 12x | as long as short |
| Derive SOL-PERP | −0.0104% | 1h | 118.77 | −0.118% | $2.0M | $3.2M | 13x | as long as short |
| Aftermath Perps SOLUSD | −0.0085% | 1h | 119.04 | +0.105% | $24K | $48K | 20x | as long as short |
| Vest SOL-PERP | −0.0083% | 1h | 118.80 | −0.091% | — | $726K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.79 | −0.101% | $842 | $8K | 25x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.89 | −0.017% | $49K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 118.90 | −0.008% | $4.9M | $26.8M | 20x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.76 | −0.125% | $184K | $4.1M | 8.3x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 118.80 | −0.093% | $104K | $153K | 20x | as long as short |
| Orderly PERP_SOL_USDCshort | +0.0056% | 8h | 118.86 | −0.042% | $1.1M | $5.9M | 100x |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOL_USDC-PERPETUAL | +0.0063% | 1h | 118.94 | +0.022% | $26.7M | $27.8M | 50x | as long as short |
| HTX SOL-USDT | +0.0070% | 8h | 118.81 | −0.088% | $231.5M | $43.8M | 75x | as long as short |
| Gate SOL_USDT | +0.0079% | 8h | 118.92 | +0.008% | $858.5M | $673.8M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0086% | 8h | 118.94 | +0.024% | $144.8M | $197.0M | 75x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.87 | −0.032% | $13.4M | $52.9M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.87 | −0.034% | $2.0M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.89 | −0.020% | $353K | $746K | 20x | as long as short |
| Bitget SOLUSDT | +0.0097% | 8h | 118.92 | +0.011% | $496.4M | $451.6M | 100x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 118.74 | −0.141% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.81 | −0.084% | $47K | $781K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.75 | −0.139% | $5.5M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.03 | +0.101% | $718.2M | $423.4M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.93 | +0.017% | $179.5M | $174.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.88 | −0.025% | $12.4M | $113.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.86 | −0.038% | $974.3M | $3.75B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.95 | +0.032% | $823.3M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAPlong | +0.0100% | 8h | 118.91 | long leg | $368.9M | $1.71B | 100x | |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.78 | −0.109% | $233K | $867K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.87 | −0.036% | $1.9M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.09 | +0.149% | $133.4M | $13.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.90 | −0.008% | $471.2M | $1.07B | 300x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 118.92 | +0.006% | — | $10.5M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.91 | 0.000% | $24.1M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.07 | +0.138% | $27.7M | $126.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.93 | +0.017% | $95.5M | $395.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.07 | +0.136% | $48.7M | $33.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 118.99 | +0.067% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.10 | +0.160% | $1.4M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.77 | −0.118% | $360K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.81 | −0.081% | $200K | $1.8M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.86 | −0.045% | $37K | $15K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.83 | −0.064% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.86 | −0.042% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.85 | −0.050% | $46.4M | $99.8M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.88 | −0.022% | $8.7M | $37.4M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0104% | 8h | 119.14 | +0.192% | $1.2M | $20.9M | 3.1x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 118.92 | +0.008% | $8.1M | $414.4M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0120% | 1h | 119.02 | +0.095% | $123K | $621K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.98 | +0.058% | — | $217.6M | 500x | as long as short |
| Phoenix SOL | +0.0149% | 1h | 119.15 | +0.202% | $6.7M | $12.5M | 25x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 118.84 | −0.059% | $1.6M | $6.2M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.80 | −0.095% | $1.1M | $557K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.18 | +0.227% | $52.0M | $91.2M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0224% | 1h | 118.90 | −0.012% | $36.2M | $90.2M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0237% / S −0.0175% | 1h | 118.88 | −0.025% | $3.5M | — | 200x | as long as short |
OKX SOL-USDT-SWAP
Injective SOL/USDC PERP
Derive SOL-PERP
Aftermath Perps SOLUSD
gTrade (Gains Network) SOL/USD
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUAL
HTX SOL-USDT
Gate SOL_USDT
KuCoin SOLUSDTM
Lighter SOL
Lighter RH SOL
Bitget SOLUSDT
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
Bulk SOL-USD
MEXC SOL_USDT
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Kalshi KXSOLPERP
Coinbase International SOL-PERP-INTX
Phoenix SOL
RISEx SOL/USDC
BloFin SOL-USDT
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]