SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.02 per $10,000 · paid last 24h +0.010%

Price spread now: Deribit against ApeX Omni−0.092%7-day average +0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$230.226% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 3 days (all we have)+0.075%+$7 · spread now −0.092%, 7d avg +0.038%

Together, before fees+0.284%+$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Deribit is 0.130% cheaper against ApeX Omni than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.209%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOLUSDT	119.36	0.0100	pay 0.0013% / 1h	16m 37s	$1.5M	$6.2M	50x
Short	Deribit SOL_USDC-PERPETUAL	119.25	0.0085	get 0.0011% / 1h	16m 37s	$26.7M	$27.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee DeribitbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$3.22
Price spread: −0.092% → +0.038%: −$12.99
Slippage, 4 orders: −$5.58
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$38.78
Costs to cover: 0.226%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 7 min ago; Deribit: live order book, 3 min ago.

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 ApeX Omni live order book, 7 min ago	1.26 bp	6.3 bp −$6	8.6 bp −$86	64.0 bp −$6,397	doesn't fit
Sell Deribit live order book, 3 min ago	0.04 bp	5.1 bp −$5	5.8 bp −$58	19.2 bp −$1,922	doesn't fit

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
Bluefin SOL-PERP	−0.0367%	1h	119.20	−0.134%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0107%	1h	119.11	−0.211%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.25	−0.094%	$845	$8K	25x	as long as short
Vest SOL-PERP	−0.0062%	1h	119.18	−0.152%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.23	−0.111%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.21	−0.129%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.27	−0.074%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.24	−0.103%	$178K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0040%	1h	119.29	−0.060%	$119K	$612K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.36	−0.002%	$6.5M	$13.6M	25x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SOLUSD	+0.0064%	1h	119.29	−0.061%	$24K	$47K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0068%	8h	119.21	−0.125%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	119.23	−0.111%	$104K	$155K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.28	−0.067%	—	$374.2M	—	as long as short
HTX SOL-USDT	+0.0081%	8h	119.19	−0.143%	$232.1M	$45.0M	75x	as long as short
Deribit SOL_USDC-PERPETUALshort	+0.0085%	1h	119.25	−0.092%	$26.7M	$27.7M	50x
Gate SOL_USDT	+0.0092%	8h	119.22	−0.119%	$870.0M	$686.1M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.21	−0.131%	$13.6M	$55.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.21	−0.127%	$2.1M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.16	−0.168%	$353K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.17	−0.162%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.29	−0.060%	$46K	$798K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.24	−0.101%	$6.1M	$41.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.27	−0.077%	$718.5M	$417.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.23	−0.108%	$178.5M	$176.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.29	−0.063%	$12.3M	$118.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.26	−0.085%	$985.0M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.30	−0.052%	$827.8M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.28	−0.069%	$372.6M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.28	−0.069%	$233K	$886K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.32	−0.036%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.28	−0.067%	$133.9M	$7.8M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.26	−0.085%	$460.0M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.27	−0.080%	$140.3M	$201.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.27	−0.076%	$495.9M	$455.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.21	−0.127%	$24.1M	$38.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.34	−0.018%	$27.4M	$128.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.38	+0.012%	$95.9M	$401.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.25	−0.094%	$48.8M	$31.8M	20x	as long as short
ApeX Omni SOLUSDTlong	+0.0100%	1h	119.36	long leg	$1.5M	$6.2M	50x
StandX SOL-USD	+0.0100%	1h	119.28	−0.069%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.20	−0.136%	$367K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.18	−0.154%	$202K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.18	−0.155%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.18	−0.152%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.21	−0.127%	$46.6M	$102.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.25	−0.092%	$8.7M	$36.3M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.22	−0.121%	$8.2M	$416.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.26	−0.085%	—	$224.1M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0150%	1h	119.19	−0.144%	$32.6M	$95.9M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0170% / S −0.0072%	1h	119.20	−0.135%	$3.7M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0182%	1h	119.18	−0.151%	$1.1M	$552K	25x	as long as short
RISEx SOL/USDC	+0.0192%	1h	119.32	−0.039%	$1.7M	$5.8M	20x	as long as short
Injective SOL/USDC PERP	+0.0213%	1h	119.38	+0.015%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.22	−0.119%	$52.1M	$82.8M	125x	as long as short