Funding you earn now, next payment 01:38 UTC−0.0347%/8h= −37.9% APRpaid last 24h +0.028%
Price spread now: Bybit against Perpl+0.065%7-day average +0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 7 days−0.093%−$9 · spread now +0.065%, 7d avg +0.022%
=Together, before fees+0.140%+ Points / potential airdropPerpl: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.043% dearer against Perpl than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.022%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.233%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.233% in total (about 12.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl SOL | 117.52 | 0.0447 | pay 0.0040% / 43m | 16m 19s | $128K | $3.9M | 8.3x |
| Short | Bybit SOLUSDT | 117.60 | 0.0100 | get 0.0100% / 8h | 6h 11m | $819.9M | $1.27B | 100x |
Perpl SOL
Bybit SOLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$72.77
- Price spread: +0.065% → +0.022%
- $4.27
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$93.3
- Costs to cover
- 0.248%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Bybit: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 0.43 bp | 5.9 bp −$6 | 6.4 bp −$64 | 9.9 bp −$986 | 21.0 bp −$10.5K |
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 54 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 | 117.59 | +0.060% | $920 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0061% | 1h | 117.48 | −0.038% | — | $607K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.49 | −0.030% | $56K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.59 | +0.056% | $4.5M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.58 | +0.046% | $1.4M | $20.8M | 3.1x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 117.61 | +0.074% | $26.4M | $25.5M | 50x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.52 | −0.006% | $2.0M | $4.8M | 20x | as long as short |
| Derive SOL-PERP | +0.0023% | 1h | 117.49 | −0.025% | $2.0M | $2.8M | 13x | as long as short |
| Hibachi SOL/USDT-P | +0.0032% | 1h | 117.63 | +0.087% | $100K | $691K | 20x | as long as short |
| Gate SOL_USDT | +0.0042% | 8h | 117.50 | −0.020% | $848.8M | $665.3M | 100x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
RISEx SOL/USDC
Derive SOL-PERP
Hibachi SOL/USDT-P
Gate SOL_USDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.59 | +0.058% | $31.5M | $98.8M | 100x | as long as short |
| HTX SOL-USDT | +0.0051% | 8h | 117.50 | −0.017% | $228.3M | $45.5M | 75x | as long as short |
| ApeX Omni SOLUSDT | +0.0065% | 1h | 117.57 | +0.041% | $1.5M | $6.0M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.61 | +0.077% | $8.0M | $408.4M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 117.50 | −0.019% | — | $369.4M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0088% | 8h | 117.57 | +0.041% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.59 | +0.056% | $13.1M | $60.3M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.58 | +0.046% | $2.1M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.52 | −0.003% | $103K | $156K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.56 | +0.029% | $344K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.53 | +0.003% | $1.0M | $518K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.47 | −0.046% | $67K | $857K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.48 | −0.037% | $5.7M | $41.4M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.50 | −0.020% | $176.3M | $179.8M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.56 | +0.028% | $14.4M | $128.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.58 | +0.048% | $968.7M | $3.80B | 100x | as long as short |
| Bybit SOLUSDTshort | +0.0100% | 8h | 117.60 | +0.065% | $819.9M | $1.27B | 100x | |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.60 | +0.065% | $366.3M | $1.67B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.51 | −0.012% | $238K | $874K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.50 | −0.020% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.53 | +0.001% | $134.5M | $13.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.59 | +0.056% | $425.3M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.58 | +0.049% | $130.5M | $211.2M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.55 | +0.026% | $487.1M | $440.4M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.60 | +0.065% | $23.7M | $37.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.52 | −0.001% | $24.3M | $121.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.50 | −0.019% | $94.4M | $405.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.61 | +0.076% | $48.2M | $28.7M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.60 | +0.065% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.49 | −0.029% | $355K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.50 | −0.017% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.56 | +0.027% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.46 | −0.051% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.59 | +0.056% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.60 | +0.065% | $45.8M | $101.3M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.66 | +0.116% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.56 | +0.031% | $8.1M | $36.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0112% | 1h | 117.61 | +0.073% | $719.2M | $401.4M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.50 | −0.024% | — | $225.3M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0189% | 1h | 117.48 | −0.041% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 117.87 | +0.294% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 117.50 | −0.024% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0342% | 1h | 117.64 | +0.098% | $25K | $51K | 20x | as long as short |
| Perpl SOLlong | +0.0447% | 43m | 117.52 | long leg | $128K | $3.9M | 8.3x |
Kraken Futures PF_SOLUSD
HTX SOL-USDT
ApeX Omni SOLUSDT
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
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
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Jupiter Perps SOL-PERP
Reya SOLRUSDPERP
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD