Funding you earn now, next payment 22:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.009%
Price spread now: Bullet against Orderly−0.057%7-day average −0.010% · 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)+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)+0.408%+$41 · spread now −0.057%, 7d avg −0.010%
=Funding pays, the price is against you. Bullet is 0.047% cheaper against Orderly than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.010%). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.009% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SOL_USDC | 119.03 | 0.0055 | pay 0.0055% / 8h | 2h 56m | $1.1M | $5.9M | 100x |
| Short | Bullet SOL-USD | 118.96 | 0.0100 | get 0.0013% / 1h | 56m 21s | $201K | $1.8M | 20x |
Orderly PERP_SOL_USDC
Bullet SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Orderly. 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
- $9.35
- Price spread: −0.057% → −0.010%
- −$4.69
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$9.33
- Costs to cover
- 0.140%
- Break-even
- 14.0 days
Slippage unknown: Orderly: no order-book sample; Bullet: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bullet live order book, 3 min ago | 0.08 bp | 6.6 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
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 | −0.292% | $4K | $2K | 12x | as long as short |
| Aftermath Perps SOLUSD | −0.0084% | 1h | 119.04 | +0.006% | $24K | $48K | 20x | as long as short |
| Vest SOL-PERP | −0.0084% | 1h | 118.92 | −0.093% | — | $731K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.04 | +0.010% | $844 | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0065% | 1h | 118.94 | −0.077% | $2.0M | $3.2M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.00 | −0.027% | $49K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 119.13 | +0.085% | $4.9M | $26.8M | 20x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.97 | −0.052% | $191K | $4.1M | 8.3x | as long as short |
| 01 Exchange SOLUSD | +0.0048% | 1h | 118.95 | −0.066% | $104K | $152K | 20x | as long as short |
| Orderly PERP_SOL_USDClong | +0.0055% | 8h | 119.03 | long leg | $1.1M | $5.9M | 100x |
Injective SOL/USDC PERP
Aftermath Perps SOLUSD
Vest SOL-PERP
Hotstuff SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Perpl SOL
01 Exchange SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0068% | 8h | 118.91 | −0.095% | $231.7M | $43.7M | 75x | as long as short |
| ApeX Omni SOLUSDT | +0.0079% | 1h | 119.08 | +0.047% | $1.5M | $6.2M | 50x | as long as short |
| Gate SOL_USDT | +0.0081% | 8h | 118.95 | −0.066% | $858.0M | $673.0M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0085% | 8h | 118.94 | −0.071% | $144.4M | $197.0M | 75x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0088% | 1h | 119.12 | +0.075% | $26.7M | $27.9M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.03 | +0.006% | $13.5M | $52.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.03 | −0.003% | $2.0M | $16.6M | 25x | as long as short |
| Bitget SOLUSDT | +0.0096% | 8h | 119.02 | −0.005% | $496.6M | $451.1M | 100x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.03 | +0.002% | $354K | $746K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 118.97 | −0.052% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.96 | −0.057% | $47K | $781K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.97 | −0.053% | $5.6M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.03 | +0.002% | $718.3M | $443.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.95 | −0.066% | $179.6M | $175.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.07 | +0.035% | $12.4M | $113.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.96 | −0.057% | $976.8M | $3.76B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.02 | −0.007% | $823.1M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.99 | −0.032% | $367.7M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.97 | −0.049% | $233K | $868K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.03 | +0.006% | $1.9M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.09 | +0.050% | $133.4M | $13.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.95 | −0.066% | $470.9M | $1.07B | 300x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 118.97 | −0.051% | — | $372.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.09 | +0.052% | $24.2M | $38.4M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.33 | +0.251% | $27.8M | $126.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.13 | +0.085% | $95.7M | $394.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.06 | +0.030% | $48.7M | $33.5M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.06 | +0.027% | $1.4M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.96 | −0.057% | $361K | $2.4M | 20x | as long as short |
| Bullet SOL-USDshort | +0.0100% | 1h | 118.96 | −0.057% | $201K | $1.8M | 20x | |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.01 | −0.013% | $37K | $15K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.02 | −0.004% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.03 | +0.002% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.02 | −0.007% | $46.4M | $100.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.03 | 0.000% | $8.7M | $37.3M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0108% | 8h | 119.11 | +0.070% | $1.2M | $20.9M | 3.1x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.08 | +0.042% | $8.1M | $414.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.05 | +0.022% | — | $217.9M | 500x | as long as short |
| Hibachi SOL/USDT-P | +0.0128% | 1h | 118.97 | −0.046% | $123K | $619K | 20x | as long as short |
| Phoenix SOL | +0.0149% | 1h | 119.15 | +0.102% | $6.7M | $12.5M | 25x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 118.97 | −0.045% | $1.6M | $6.3M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.95 | −0.062% | $1.1M | $558K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.99 | −0.032% | $51.9M | $91.1M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0223% | 1h | 119.08 | +0.040% | $36.1M | $90.0M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0237% / S −0.0174% | 1h | 118.99 | −0.028% | $3.5M | — | 200x | as long as short |
HTX SOL-USDT
ApeX Omni SOLUSDT
Gate SOL_USDT
KuCoin SOLUSDTM
Deribit SOL_USDC-PERPETUAL
Lighter SOL
Lighter RH SOL
Bitget SOLUSDT
Aevo SOL-PERP
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
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Kalshi KXSOLPERP
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Hibachi SOL/USDT-P
Phoenix SOL
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]