Funding you earn now, next payment 03:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.005%
Price spread now: Derive against Vest+0.040%7-day average −0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.430%−$43 · spread now +0.040%, 7d avg −0.014%
=Together, before fees−0.391%+ Points / potential airdropVest: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Derive is 0.053% dearer against Vest than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SOL-PERP | 117.35 | −0.0058 | get 0.0007% / 1h | 43m 24s | — | $605K | 20x |
| Short | Derive SOL-PERP | 117.40 | −0.0010 | pay 0.0001% / 1h | 43m 24s | $1.9M | $2.8M | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Vest. 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
- $10.01
- Price spread: +0.040% → −0.014%
- $5.31
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $7.32
- Costs to cover
- 0.080%
- Break-even
- 1.9 days
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Vest and 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.36 | +0.010% | $918 | $8K | 25x | as long as short |
| Vest SOL-PERPlong | −0.0058% | 1h | 117.35 | long leg | — | $605K | 20x | |
| Kraken Futures PF_SOLUSD | −0.0055% | 1h | 117.49 | +0.116% | $31.5M | $98.1M | 100x | as long as short |
| Derive SOL-PERPshort | −0.0010% | 1h | 117.40 | +0.040% | $1.9M | $2.8M | 13x | |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.44 | +0.074% | $56K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.46 | +0.090% | $4.5M | $24.1M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.43 | +0.063% | $1.4M | $19.5M | 3.1x | as long as short |
| HTX SOL-USDT | +0.0047% | 8h | 117.27 | −0.072% | $227.8M | $45.6M | 75x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 117.41 | +0.049% | $100K | $163K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 117.37 | +0.015% | $8.0M | $402.5M | 50x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOL-USDT | +0.0070% | 8h | 117.43 | +0.065% | — | $362.6M | — | as long as short |
| Hibachi SOL/USDT-P | +0.0072% | 1h | 117.34 | −0.015% | $100K | $691K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0088% | 8h | 117.48 | +0.106% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.47 | +0.102% | $13.0M | $59.2M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.45 | +0.085% | $2.1M | $16.2M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.48 | +0.106% | $344K | $225K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.36 | +0.006% | $67K | $835K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.45 | +0.084% | $1.0M | $516K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.42 | +0.062% | $5.8M | $39.6M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.43 | +0.065% | $176.2M | $176.8M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.50 | +0.126% | $14.5M | $127.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.43 | +0.064% | $967.1M | $3.73B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.46 | +0.091% | $820.3M | $1.24B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.49 | +0.117% | $365.4M | $1.63B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.21 | −0.122% | $237K | $847K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.43 | +0.067% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.45 | +0.083% | $134.7M | $15.8M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.39 | +0.032% | $857.7M | $646.6M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.41 | +0.049% | $423.9M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.39 | +0.027% | $130.0M | $212.2M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.47 | +0.102% | $486.5M | $433.3M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.36 | +0.006% | $23.6M | $37.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.36 | +0.010% | $24.3M | $119.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.39 | +0.031% | $94.3M | $401.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.27 | −0.074% | $48.0M | $28.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.48 | +0.108% | $1.5M | $5.9M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.38 | +0.023% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.40 | +0.040% | $352K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.42 | +0.058% | $200K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.44 | +0.073% | $25K | $27K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.42 | +0.056% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.48 | +0.108% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.37 | +0.015% | $45.7M | $100.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.46 | +0.090% | $8.2M | $36.0M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0112% | 1h | 117.54 | +0.159% | $26.4M | $25.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.35 | −0.007% | — | $220.8M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.56 | +0.177% | $6.5M | $13.4M | 25x | as long as short |
| RISEx SOL/USDC | +0.0136% | 1h | 117.47 | +0.102% | $1.9M | $4.9M | 20x | as long as short |
| Hyperliquid SOL | +0.0160% | 1h | 117.51 | +0.135% | $717.6M | $393.3M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 117.40 | +0.042% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0218% | 1h | 117.38 | +0.023% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.47 | +0.100% | — | $70.5M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 117.43 | +0.068% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0381% | 1h | 117.46 | +0.087% | $25K | $51K | 20x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.46 | +0.091% | $127K | $3.8M | 8.3x | as long as short |
Derive SOL-PERP
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
HTX SOL-USDT
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
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
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Phoenix SOL
RISEx SOL/USDC
Hyperliquid SOL
Injective SOL/USDC PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD