Funding you earn now, next payment 03:05 UTC−0.0235%/8h= −25.7% APRpaid last 24h +0.025%
Price spread now: Arcus against Perpl+0.085%7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.211%+$21 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.085%, 7d avg +0.048%
=Together, before fees+0.141%+ Points / potential airdropPerpl: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.036% dearer against Perpl than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.048%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 4 days funding on this pair paid +0.211%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl SOL | 116.67 | 0.0335 | pay 0.0030% / 43m | 25m 50s | $128K | $3.7M | 8.3x |
| Short | Arcus SOL-USD | 116.77 | 0.0100 | get 0.0013% / 1h | 54m 50s | $2.0M | $9.1M | 20x |
Perpl SOL
Arcus SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Perpl. 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
- −$49.33
- Price spread: +0.085% → +0.048%
- $3.64
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$63.99
- Costs to cover
- 0.183%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Arcus: live order book, 4 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 4 min ago | 0.21 bp | 2.8 bp −$3 | 4.2 bp −$42 | 153.3 bp −$15.3K | doesn't fit |
Perpl: 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 | −0.0435% | 1h | 116.33 | −0.292% | $1.7M | $6.0M | 50x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.77 | +0.088% | $913 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0075% | 1h | 116.59 | −0.071% | — | $605K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.69 | +0.012% | $54K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.76 | +0.077% | $4.4M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.69 | +0.017% | $1.4M | $18.8M | 3.1x | as long as short |
| Hibachi SOL/USDT-P | 0.0000% | 1h | 116.76 | +0.074% | $103K | $700K | 20x | as long as short |
| Derive SOL-PERP | +0.0012% | 1h | 116.63 | −0.032% | $1.9M | $2.8M | 13x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0047% | 1h | 116.71 | +0.035% | $26.3M | $25.2M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 116.72 | +0.042% | $100K | $168K | 20x | as long as short |
ApeX Omni SOLUSDT
Hotstuff SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Hibachi SOL/USDT-P
Derive SOL-PERP
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.66 | −0.008% | $7.6M | $404.1M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.65 | −0.020% | $30.8M | $100.0M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.70 | +0.026% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.66 | −0.011% | $13.0M | $59.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.65 | −0.021% | $2.2M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.66 | −0.012% | $342K | $228K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.66 | −0.009% | $50K | $845K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.75 | +0.066% | $1.0M | $521K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.62 | −0.044% | $5.6M | $39.2M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.77 | +0.085% | $707.7M | $396.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.67 | −0.002% | $175.3M | $182.1M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.76 | +0.078% | $15.5M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.70 | +0.025% | $962.2M | $3.77B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.65 | −0.018% | $795.3M | $1.32B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.70 | +0.025% | $365.0M | $1.66B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.75 | +0.068% | $232K | $849K | 10x | as long as short |
| Arcus SOL-USDshort | +0.0100% | 1h | 116.77 | +0.085% | $2.0M | $9.1M | 20x | |
| Bulk SOL-USD | +0.0100% | 1h | 116.86 | +0.158% | $134.6M | $18.3M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.67 | −0.001% | $848.7M | $651.6M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.69 | +0.016% | $416.0M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.68 | +0.007% | $126.6M | $216.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.69 | +0.015% | $481.8M | $439.0M | 100x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.67 | +0.002% | — | $10.5M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.68 | +0.008% | $23.3M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.68 | +0.004% | $24.4M | $115.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.36 | −0.265% | $93.5M | $396.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.56 | −0.093% | $47.6M | $29.2M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.76 | +0.076% | $1.3M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.65 | −0.018% | $336K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.69 | +0.012% | $148K | $1.6M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.61 | −0.050% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.65 | −0.018% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.65 | −0.020% | $226.4M | $46.4M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.72 | +0.042% | $45.6M | $101.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.65 | −0.022% | $8.0M | $36.5M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.76 | +0.072% | — | $221.3M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 116.77 | +0.085% | $6.5M | $13.4M | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 117.56 | +0.762% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.61 | −0.052% | $1.1M | $538K | 25x | as long as short |
| Bluefin SOL-PERP | +0.0205% | 1h | 116.66 | −0.008% | $25K | $29K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.62 | −0.044% | $51.8M | $71.9M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.70 | +0.023% | $3.5M | — | 200x | as long as short |
| Perpl SOLlong | +0.0335% | 43m | 116.67 | long leg | $128K | $3.7M | 8.3x | |
| Aftermath Perps SOLUSD | +0.0453% | 1h | 116.81 | +0.118% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.81 | +0.123% | $1.9M | $4.9M | 20x | as long as short |
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
Injective SOL/USDC PERP
Reya SOLRUSDPERP
Bluefin SOL-PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC