Funding you earn now, next payment 00:12 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.012%
Price spread now: GRVT against Perpl+0.209%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 7 days+0.275%+$27 on $10k
+Price spread, last 7 days−0.234%−$23 · spread now +0.209%, 7d avg +0.048%
=Together, before fees+0.041%+ Points / potential airdropPerpl: Active · GRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.161% dearer against Perpl than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl SOL | 118.90 | 0 | get 0.0000% / 43m | 0m 12s | $154K | $3.8M | 8.3x |
| Short | GRVT SOL_USDT_Perp | 119.15 | 0.0100 | get 0.0100% / 8h | 7h 21m | $48.8M | $29.2M | 20x |
Perpl SOL
GRVT SOL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $21
- Price spread: +0.209% → +0.048%
- $16.09
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $14.29
- Costs to cover
- 0.228%
- Break-even
- 2.2 days
Slippage unknown: Perpl: no order-book sample; GRVT: 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 GRVT live order book, 3 min ago | 0.42 bp | 5.7 bp −$6 | 6.1 bp −$61 | 10.8 bp −$1,076 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.96 | +0.051% | $930 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0077% | 1h | 118.86 | −0.036% | — | $608K | 20x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 118.83 | −0.063% | $2.0M | $2.7M | 13x | as long as short |
| dYdX SOL-USD | −0.0022% | 1h | 118.96 | +0.046% | $5.0M | $25.7M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 118.97 | +0.057% | $32.4M | $97.3M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.93 | +0.024% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.95 | +0.040% | $1.2M | $20.1M | 3.1x | as long as short |
| Perpl SOLlong | 0.0000% | 43m | 118.90 | long leg | $154K | $3.8M | 8.3x | |
| Hibachi SOL/USDT-P | +0.0016% | 1h | 118.97 | +0.057% | $100K | $657K | 20x | as long as short |
| HTX SOL-USDT | +0.0017% | 8h | 118.88 | −0.020% | $231.2M | $44.0M | 75x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
dYdX SOL-USD
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Hibachi SOL/USDT-P
HTX SOL-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | +0.0026% | 1h | 118.92 | +0.013% | $37K | $17K | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0032% | 1h | 118.87 | −0.026% | $104K | $159K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.92 | +0.015% | — | $366.4M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0082% | 8h | 118.92 | +0.019% | $1.0M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 118.97 | +0.061% | $8.1M | $409.8M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.94 | +0.029% | $14.2M | $56.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.90 | 0.000% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.91 | +0.012% | $348K | $249K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 118.91 | +0.009% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.88 | −0.018% | $47K | $786K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.88 | −0.015% | $5.9M | $40.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.02 | +0.100% | $724.5M | $396.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.91 | +0.008% | $179.5M | $177.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.93 | +0.021% | $12.2M | $124.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.91 | +0.009% | $979.4M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.93 | +0.027% | $823.8M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.89 | −0.009% | $370.8M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.86 | −0.034% | $233K | $830K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.89 | −0.006% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.07 | +0.143% | $136.4M | $9.7M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 118.92 | +0.016% | $854.8M | $668.5M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.90 | −0.001% | $428.9M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.94 | +0.029% | $138.6M | $202.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.91 | +0.003% | $493.6M | $439.4M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.93 | +0.024% | $24.1M | $37.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.93 | +0.021% | $25.0M | $130.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.00 | +0.087% | $95.6M | $403.0M | 75x | as long as short |
| GRVT SOL_USDT_Perpshort | +0.0100% | 8h | 119.15 | +0.209% | $48.8M | $29.2M | 20x | |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.04 | +0.117% | $1.5M | $6.1M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.97 | +0.058% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.88 | −0.018% | $354K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.89 | −0.005% | $203K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.91 | +0.009% | $193K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.94 | +0.033% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.91 | +0.008% | $46.6M | $99.8M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.90 | −0.003% | $8.6M | $34.9M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0106% | 1h | 119.00 | +0.083% | $26.7M | $24.8M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.17 | +0.226% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.95 | +0.044% | — | $219.4M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 118.89 | −0.013% | $1.8M | $4.6M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0165% / S −0.0081% | 1h | 118.93 | +0.021% | $3.7M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 119.01 | +0.092% | $4K | $2K | 12x | as long as short |
| Aftermath Perps SOLUSD | +0.0185% | 1h | 119.03 | +0.108% | $25K | $50K | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0186% | 1h | 118.86 | −0.035% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.91 | +0.008% | $51.8M | $76.1M | 125x | as long as short |
Bluefin SOL-PERP
01 Exchange SOLUSD
BingX SOL-USDT
Orderly PERP_SOL_USDC
Coinbase International SOL-PERP-INTX
Lighter SOL
Lighter RH SOL
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
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Phoenix SOL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Aftermath Perps SOLUSD
Reya SOLRUSDPERP
BloFin SOL-USDT