Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.05 per $10,000 · paid last 24h −0.034%
Price spread now: Derive against 01 Exchange−0.001%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)−0.466%−$47 · spread now −0.001%, 7d avg −0.066%
=The price spread pays, funding is against you. Derive is 0.065% dearer against 01 Exchange than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.066%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SOLUSD | 116.72 | 0.0056 | pay 0.0007% / 1h | 55m 33s | $100K | $168K | 20x |
| Short | Derive SOL-PERP | 116.72 | 0.0012 | get 0.0002% / 1h | 55m 33s | $1.9M | $2.8M | 13x |
01 Exchange SOLUSD
Derive SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against 01 Exchange. 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
- −$9.2
- Price spread: −0.001% → −0.066%
- $6.49
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$15.71
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: live order book, 4 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 01 Exchange live order book, 4 min ago | 0.86 bp | 14.7 bp −$15 | 21.8 bp −$218 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.77 | +0.046% | $913 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0074% | 1h | 116.66 | −0.048% | — | $605K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.77 | +0.046% | $54K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.76 | +0.035% | $4.4M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.62 | −0.087% | $1.4M | $18.8M | 3.1x | as long as short |
| Hibachi SOL/USDT-P | +0.0008% | 1h | 116.56 | −0.137% | $104K | $697K | 20x | as long as short |
| Derive SOL-PERPshort | +0.0012% | 1h | 116.72 | −0.001% | $1.9M | $2.8M | 13x | |
| ApeX Omni SOLUSDT | +0.0018% | 1h | 116.81 | +0.075% | $1.7M | $6.0M | 50x | as long as short |
| 01 Exchange SOLUSDlong | +0.0056% | 1h | 116.72 | long leg | $100K | $168K | 20x | |
| Deribit SOL_USDC-PERPETUAL | +0.0062% | 1h | 116.81 | +0.079% | $26.3M | $25.2M | 50x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Hibachi SOL/USDT-P
ApeX Omni SOLUSDT
Deribit SOL_USDC-PERPETUALShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.79 | +0.063% | $7.7M | $404.5M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.77 | +0.045% | $30.8M | $100.0M | 100x | as long as short |
| Lighter RH SOL | +0.0080% | 1h | 116.73 | +0.009% | $2.2M | $16.6M | 25x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.77 | +0.039% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.76 | +0.031% | $13.0M | $59.5M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.78 | +0.053% | $342K | $228K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.66 | −0.051% | $50K | $845K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.75 | +0.024% | $1.0M | $521K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.78 | +0.055% | $5.6M | $39.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.81 | +0.077% | $708.2M | $395.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.72 | +0.002% | $175.3M | $182.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.76 | +0.036% | $15.5M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.70 | −0.017% | $962.2M | $3.77B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.65 | −0.060% | $795.8M | $1.32B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.75 | +0.026% | $365.0M | $1.66B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.75 | +0.026% | $232K | $849K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.77 | +0.043% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.86 | +0.116% | $134.6M | $18.3M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.72 | 0.000% | $849.1M | $651.4M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.71 | −0.009% | $416.0M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.72 | 0.000% | $126.6M | $216.5M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.72 | −0.002% | $482.0M | $438.9M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.72 | −0.003% | — | $365.0M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.81 | +0.077% | $23.4M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.68 | −0.038% | $24.4M | $115.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.36 | −0.307% | $93.5M | $396.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.56 | −0.135% | $47.6M | $29.2M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.63 | −0.077% | $1.3M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.75 | +0.026% | $336K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.75 | +0.030% | $148K | $1.6M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.76 | +0.037% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.76 | +0.034% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.76 | +0.034% | $226.6M | $46.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.84 | +0.103% | $45.7M | $101.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.69 | −0.030% | $8.0M | $36.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.60 | −0.105% | — | $221.2M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.00 | +0.240% | $6.5M | $13.3M | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 117.56 | +0.720% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.75 | +0.023% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.49 | −0.197% | $51.7M | $71.7M | 125x | as long as short |
| Perpl SOL | +0.0223% | 43m | 116.80 | +0.069% | $128K | $3.7M | 8.3x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.76 | +0.038% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0457% | 1h | 116.83 | +0.095% | $25K | $50K | 20x | as long as short |
| Bluefin SOL-PERP | +0.0487% | 1h | 116.76 | +0.037% | $25K | $29K | 25x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.81 | +0.081% | $1.9M | $4.9M | 20x | as long as short |
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
Lighter RH SOL
Orderly PERP_SOL_USDC
Lighter SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
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
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
Perpl SOL
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
Bluefin SOL-PERP
RISEx SOL/USDC