SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0173%/8h= −18.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.038%

Price spread now: Derive against Pacifica−0.218%7-day average −0.062% · you buy dearer than you sell

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

Long on Pacifica Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)+0.137%+$14 · spread now −0.218%, 7d avg −0.062%

Together, before fees+0.158%+ Points / potential airdropPacifica: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Derive is 0.156% cheaper against Pacifica than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.062%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SOL	119.27	0.0100	pay 0.0013% / 1h	37m 13s	$12.3M	$120.7M	20x
Short	Derive SOL-PERP	119.01	−0.0073	pay 0.0009% / 1h	37m 13s	$2.0M	$2.8M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Pacifica. 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 PacificabpFee DerivebpOrdersPrice spread, now −0.218%Rate

Funding earned: −$36.24
Price spread: −0.218% → −0.062%: −$15.61
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Derive: 3 bp × 2 orders: −$6
Net: −$65.85
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago	0.42 bp	5.5 bp −$6	7.1 bp −$71	doesn't fit	doesn't fit
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
Hotstuff SOL-PERP	−0.0080%	1h	119.22	−0.037%	$845	$8K	25x	as long as short
Derive SOL-PERPshort	−0.0073%	1h	119.01	−0.218%	$2.0M	$2.8M	13x
Vest SOL-PERP	−0.0070%	1h	119.09	−0.146%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0018%	1h	119.25	−0.015%	$5.0M	$27.8M	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.10	−0.141%	$113K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.17	−0.085%	$1.3M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.12	−0.125%	$177K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.14	−0.106%	$26.6M	$26.0M	50x	as long as short
ApeX Omni SOLUSDT	+0.0035%	1h	119.30	+0.029%	$1.5M	$6.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0073%	8h	119.11	−0.135%	$1.1M	$5.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0080%	1h	119.23	−0.031%	$104K	$158K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.08	−0.155%	—	$371.8M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.11	−0.132%	$865.8M	$677.4M	100x	as long as short
HTX SOL-USDT	+0.0090%	8h	119.02	−0.209%	$231.7M	$45.1M	75x	as long as short
Lighter SOL	+0.0096%	1h	119.09	−0.149%	$13.6M	$55.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.09	−0.151%	$2.2M	$16.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	119.34	+0.062%	$122K	$634K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.07	−0.163%	$353K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.12	−0.122%	$8.1M	$417.4M	50x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.22	−0.037%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.20	−0.057%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.13	−0.111%	$6.1M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.18	−0.073%	$721.5M	$411.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.10	−0.140%	$178.6M	$175.7M	100x	as long as short
Pacifica SOLlong	+0.0100%	1h	119.27	long leg	$12.3M	$120.7M	20x
Binance SOLUSDT	+0.0100%	8h	119.08	−0.156%	$982.4M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.11	−0.132%	$826.5M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.07	−0.166%	$373.1M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.18	−0.073%	$234K	$874K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.22	−0.039%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.35	+0.069%	$134.1M	$6.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.08	−0.157%	$456.6M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.21	−0.052%	$139.2M	$204.7M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.06	−0.177%	$493.8M	$460.0M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.34	+0.061%	$24.3M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.41	+0.120%	$27.3M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.32	+0.043%	$95.8M	$402.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.40	+0.111%	$48.9M	$31.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.38	+0.094%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.10	−0.140%	$366K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.07	−0.162%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.09	−0.152%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.21	−0.049%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.09	−0.149%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.06	−0.174%	$46.5M	$102.8M	50x	as long as short
Aftermath Perps SOLUSD	+0.0100%	1h	119.40	+0.114%	$24K	$47K	20x	as long as short
Phoenix SOL	+0.0100%	1h	119.38	+0.094%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	119.06	−0.170%	$8.7M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	119.10	−0.138%	$32.6M	$97.1M	100x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.29	+0.023%	—	$224.9M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0169% / S −0.0069%	1h	119.09	−0.145%	$3.8M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	119.60	+0.279%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.05	−0.180%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.09	−0.149%	$52.2M	$82.7M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.23	−0.029%	$1.7M	$5.2M	20x	as long as short