Funding you earn now, next payment 01:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h +0.036%
Price spread now: Phemex against Vest+0.168%45s7-day average +0.024% · 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)+0.094%+$9 on $10k
+Price spread, last 3 days (all we have)−0.218%−$22 · spread now +0.168%, 7d avg +0.024%
=Together, before fees−0.123%+ Points / potential airdropVest: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phemex is 0.144% dearer against Vest than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.024%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SOL-PERP | 119.16 | −0.0079 | get 0.0010% / 1h | 13m 33s | — | $608K | 20x |
| Short | Phemex SOLUSDT | 119.36 | 0.0100 | get 0.0100% / 8h | 7h 13m | $46.8M | $99.7M | 50x |
Vest SOL-PERP
Phemex SOLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $37.62
- Price spread: +0.168% → +0.024%
- $14.42
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $38.03
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Phemex: live order book, 6 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 6 min ago | 0.42 bp | 9.9 bp −$10 | 12.0 bp −$120 | 18.9 bp −$1,891 | doesn't fit |
Vest: 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 | 119.17 | +0.008% | $932 | $8K | 25x | as long as short |
| Vest SOL-PERPlong | −0.0079% | 1h | 119.16 | long leg | — | $608K | 20x | |
| Derive SOL-PERP | −0.0062% | 1h | 119.26 | +0.081% | $2.0M | $2.7M | 13x | as long as short |
| Hibachi SOL/USDT-P | −0.0024% | 1h | 119.29 | +0.105% | $100K | $660K | 20x | as long as short |
| dYdX SOL-USD | −0.0019% | 1h | 119.27 | +0.094% | $4.9M | $25.8M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 119.36 | +0.170% | $32.5M | $97.0M | 100x | as long as short |
| HTX SOL-USDT | −0.0010% | 8h | 119.25 | +0.078% | $232.0M | $44.2M | 75x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.37 | +0.179% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.37 | +0.177% | $1.2M | $20.1M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.30 | +0.115% | $155K | $3.8M | 8.3x | as long as short |
Hotstuff SOL-PERP
Derive SOL-PERP
Hibachi SOL/USDT-P
dYdX SOL-USD
Kraken Futures PF_SOLUSD
HTX SOL-USDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0032% | 1h | 119.19 | +0.026% | $104K | $160K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0060% | 1h | 119.38 | +0.186% | $26.7M | $24.8M | 50x | as long as short |
| Bluefin SOL-PERP | +0.0078% | 1h | 119.34 | +0.151% | $37K | $17K | 25x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.19 | +0.021% | — | $366.7M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0083% | 8h | 119.34 | +0.152% | $1.1M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 119.39 | +0.192% | $8.1M | $410.9M | 50x | as long as short |
| Gate SOL_USDT | +0.0093% | 8h | 119.22 | +0.051% | $855.9M | $671.5M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.20 | +0.038% | $14.1M | $56.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.20 | +0.031% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.35 | +0.161% | $350K | $253K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.19 | +0.023% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.16 | 0.000% | $46K | $786K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.19 | +0.026% | $6.1M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.32 | +0.135% | $727.2M | $397.5M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.24 | +0.067% | $180.2M | $176.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.23 | +0.063% | $12.3M | $125.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.17 | +0.009% | $981.2M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.23 | +0.061% | $827.9M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.17 | +0.009% | $372.6M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.28 | +0.101% | $233K | $834K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.14 | −0.014% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.76 | −0.337% | $137.0M | $12.6M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.20 | +0.034% | $432.8M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.22 | +0.047% | $139.0M | $203.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.17 | +0.010% | $494.3M | $439.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.37 | +0.177% | $24.1M | $36.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.18 | +0.014% | $24.9M | $130.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.20 | +0.034% | $95.7M | $404.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.28 | +0.105% | $48.8M | $29.3M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.26 | +0.084% | $1.5M | $6.0M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.28 | +0.101% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.18 | +0.017% | $362K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.33 | +0.147% | $203K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.26 | +0.087% | $193K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.35 | +0.160% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDTshort | +0.0100% | 8h | 119.36 | +0.168% | $46.8M | $99.7M | 50x | |
| Extended SOL-USD | +0.0104% | 1h | 119.13 | −0.023% | $8.6M | $34.9M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.10 | −0.050% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.28 | +0.100% | — | $218.8M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 119.14 | −0.014% | $1.8M | $4.5M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 119.01 | −0.125% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0187% | 1h | 119.15 | −0.005% | $1.1M | $524K | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0195% | 1h | 119.14 | −0.019% | $25K | $50K | 20x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.27 | +0.093% | $51.9M | $75.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0172% | 1h | 119.36 | +0.167% | $3.7M | — | 200x | as long as short |
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUAL
Bluefin SOL-PERP
BingX SOL-USDT
Orderly PERP_SOL_USDC
Coinbase International SOL-PERP-INTX
Gate SOL_USDT
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
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Extended SOL-USD
Phoenix SOL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
Injective SOL/USDC PERP
Reya SOLRUSDPERP
Aftermath Perps SOLUSD
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]