Funding you earn now, next payment 02:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h −0.008%
Price spread now: Orderly against Polymarket Perps+0.078%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.078%, 7d avg +0.005%
=The price spread pays, funding is against you. Orderly is 0.074% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.005%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SOL-USD | 117.52 | 0.0100 | pay 0.0013% / 1h | 55m 25s | $351K | $2.3M | 20x |
| Short | Orderly PERP_SOL_USDC | 117.61 | 0.0083 | get 0.0083% / 8h | 6h 55m | $1.0M | $5.9M | 100x |
Polymarket Perps SOL-USD
Orderly PERP_SOL_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$3.56
- Price spread: +0.078% → +0.005%
- $7.35
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.2
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 3 min ago; Orderly: 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, 3 min ago | 1.27 bp | 5.3 bp −$5 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.1080% | 1h | 118.05 | +0.449% | $1.5M | $6.1M | 50x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.62 | +0.086% | $920 | $8K | 25x | as long as short |
| Hibachi SOL/USDT-P | −0.0080% | 1h | 117.65 | +0.107% | $94K | $696K | 20x | as long as short |
| Vest SOL-PERP | −0.0079% | 1h | 117.53 | +0.007% | — | $610K | 20x | as long as short |
| HTX SOL-USDT | −0.0073% | 8h | 117.51 | −0.006% | $228.6M | $44.7M | 75x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 117.54 | +0.017% | $2.0M | $2.7M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.57 | +0.043% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.57 | +0.043% | $4.5M | $25.9M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.75 | +0.196% | $1.6M | $21.2M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.56 | +0.034% | $131K | $4.0M | 8.3x | as long as short |
ApeX Omni SOLUSDT
Hotstuff SOL-PERP
Hibachi SOL/USDT-P
Vest SOL-PERP
HTX SOL-USDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 117.69 | +0.145% | $26.3M | $25.2M | 50x | as long as short |
| Gate SOL_USDT | +0.0003% | 8h | 117.56 | +0.034% | $842.3M | $647.2M | 100x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.54 | +0.017% | $1.8M | $4.6M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0048% | 1h | 117.57 | +0.043% | $102K | $162K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.60 | +0.071% | $31.6M | $98.4M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.61 | +0.077% | $7.8M | $408.6M | 50x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 117.54 | +0.015% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDCshort | +0.0083% | 8h | 117.61 | +0.078% | $1.0M | $5.9M | 100x | |
| Lighter SOL | +0.0096% | 1h | 117.51 | −0.008% | $13.1M | $57.0M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.50 | −0.021% | $2.2M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.61 | +0.080% | $345K | $262K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 117.60 | +0.068% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.57 | +0.043% | $43K | $815K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.59 | +0.056% | $5.7M | $41.4M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.64 | +0.102% | $715.4M | $402.6M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.55 | +0.026% | $177.4M | $180.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.56 | +0.037% | $12.8M | $128.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.55 | +0.026% | $973.1M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.58 | +0.051% | $818.1M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.58 | +0.051% | $364.7M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.44 | −0.068% | $255K | $897K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.58 | +0.049% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.15 | +0.536% | $136.0M | $13.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.53 | +0.009% | $422.0M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.54 | +0.020% | $133.1M | $206.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.60 | +0.066% | $488.1M | $445.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.60 | +0.068% | $23.7M | $36.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.61 | +0.074% | $24.4M | $130.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.09 | +0.485% | $94.9M | $399.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.85 | +0.278% | $48.3M | $29.6M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.09 | +0.485% | $1.3M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USDlong | +0.0100% | 1h | 117.52 | long leg | $351K | $2.3M | 20x | |
| Bullet SOL-USD | +0.0100% | 1h | 117.54 | +0.019% | $199K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.57 | +0.040% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.64 | +0.104% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.64 | +0.102% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.60 | +0.068% | $45.9M | $100.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.53 | +0.007% | $8.3M | $35.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.61 | +0.080% | — | $228.1M | 500x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 117.72 | +0.170% | $6.5M | $13.5M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0187% | 1h | 117.50 | −0.014% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.85 | +0.281% | $51.9M | $73.9M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 119.50 | +1.685% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0167% | 1h | 117.55 | +0.023% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0275% | 1h | 118.21 | +0.590% | $25K | $51K | 20x | as long as short |
Deribit SOL_USDC-PERPETUAL
Gate SOL_USDT
RISEx SOL/USDC
01 Exchange SOLUSD
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDC
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
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD