Funding you earn now, next payment 22:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.036%
Price spread now: Derive against Polymarket Perps−0.032%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.161%−$16 · spread now −0.032%, 7d avg −0.036%
=The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SOL-USD | 119.52 | 0.0100 | pay 0.0013% / 1h | 13m 44s | $365K | $2.4M | 20x |
| Short | Derive SOL-PERP | 119.48 | −0.0056 | pay 0.0007% / 1h | 13m 44s | $2.0M | $3.2M | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Polymarket Perps. 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
- −$32.84
- Price spread: −0.032% → −0.036%
- $0.34
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$46.51
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 5 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 Polymarket Perps live order book, 5 min ago | 0.83 bp | 7.6 bp −$8 | 10.3 bp −$103 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0151% | 1h | 119.15 | −0.310% | $4K | $2K | 12x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.49 | −0.025% | $847 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0072% | 1h | 119.46 | −0.054% | — | $724K | 20x | as long as short |
| Derive SOL-PERPshort | −0.0056% | 1h | 119.48 | −0.032% | $2.0M | $3.2M | 13x | |
| dYdX SOL-USD | −0.0004% | 1h | 119.50 | −0.015% | $5.0M | $27.1M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.58 | +0.046% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.54 | +0.020% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.57 | +0.038% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 119.62 | +0.086% | $26.8M | $27.7M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0033% | 1h | 119.58 | +0.050% | $24K | $47K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0051% | 8h | 119.52 | +0.002% | $232.8M | $44.6M | 75x | as long as short |
| Orderly PERP_SOL_USDC | +0.0062% | 8h | 119.58 | +0.052% | $1.1M | $5.9M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0064% | 1h | 119.46 | −0.051% | $120K | $622K | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.50 | −0.017% | $105K | $152K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.45 | −0.055% | — | $10.5M | — | as long as short |
| Gate SOL_USDT | +0.0089% | 8h | 119.42 | −0.084% | $871.7M | $688.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.43 | −0.075% | $13.6M | $55.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.42 | −0.079% | $2.1M | $17.0M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.55 | +0.028% | $355K | $747K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.41 | −0.095% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.40 | −0.100% | $49K | $785K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.49 | −0.024% | $6.3M | $41.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.55 | +0.025% | $721.7M | $414.5M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.49 | −0.024% | $179.9M | $176.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.47 | −0.043% | $12.4M | $115.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.42 | −0.084% | $977.7M | $3.78B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.44 | −0.064% | $826.0M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.42 | −0.084% | $372.1M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.39 | −0.109% | $235K | $871K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.49 | −0.023% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.66 | +0.115% | $134.1M | $11.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.42 | −0.084% | $428.7M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.44 | −0.067% | $140.9M | $197.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.42 | −0.080% | $498.4M | $452.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.57 | +0.042% | $24.3M | $38.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.47 | −0.042% | $27.4M | $127.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.69 | +0.146% | $96.1M | $402.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.56 | +0.031% | $49.0M | $33.3M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.61 | +0.078% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.42 | −0.084% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USDlong | +0.0100% | 1h | 119.52 | long leg | $365K | $2.4M | 20x | |
| Bullet SOL-USD | +0.0100% | 1h | 119.56 | +0.035% | $203K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.54 | +0.018% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.46 | −0.054% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.56 | +0.033% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.57 | +0.042% | $46.7M | $101.6M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.41 | −0.091% | $8.7M | $36.7M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.61 | +0.075% | $8.2M | $417.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.46 | −0.052% | — | $221.4M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.58 | +0.050% | $6.6M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0090% | 1h | 119.57 | +0.041% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 119.41 | −0.088% | $1.6M | $6.0M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 119.55 | +0.029% | $1.1M | $558K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.41 | −0.092% | $52.0M | $86.8M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0222% | 1h | 119.59 | +0.059% | $35.6M | $91.2M | 100x | as long as short |
Polymarket Perps SOL-USD
Derive SOL-PERP
Injective SOL/USDC PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
Aftermath Perps SOLUSD
HTX SOL-USDT
01 Exchange SOLUSD
BingX SOL-USDC
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
BloFin SOL-USDT
Kraken Futures PF_SOLUSD