Funding you earn now, next payment 06:40 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Perpl against Backpack−0.011%7-day average −0.130% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.323%−$32 on $10k
+Price spread, last 7 days+0.881%+$88 · spread now −0.011%, 7d avg −0.130%
=Together, before fees+0.558%+ Points / potential airdropPerpl: Active · farm board+$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.118% dearer against Backpack than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.130%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SOL_USDC_PERP | 116.68 | 0.0100 | pay 0.0013% / 1h | 43m 13s | $23.1M | $35.9M | 50x |
| Short | Perpl SOL | 116.67 | 0 | get 0.0000% / 43m | 32m 13s | $106K | $3.5M | 8.3x |
Backpack SOL_USDC_PERP
Perpl SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Backpack. 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
- −$21
- Price spread: −0.011% → −0.130%
- $11.84
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$32.96
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 1 min ago; Perpl: 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 Backpack live order book, 1 min ago | 0.43 bp | 5.4 bp −$5 | 5.4 bp −$54 | 6.9 bp −$694 | 1738.2 bp −$869.1K |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | −0.0153% | 1h | 116.66 | −0.020% | $32.3M | $106.0M | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0152% | 1h | 116.75 | +0.060% | $96K | $681K | 20x | as long as short |
| Bybit SOLUSDT | −0.0110% | 8h | 116.62 | −0.051% | $736.9M | $1.43B | 100x | as long as short |
| Derive SOL-PERP | −0.0088% | 1h | 116.59 | −0.078% | $1.9M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.67 | −0.006% | $1K | $8K | 25x | as long as short |
| Injective SOL/USDC PERP | −0.0055% | 1h | 116.85 | +0.146% | $4K | $2K | 12x | as long as short |
| Vest SOL-PERP | −0.0047% | 1h | 116.67 | −0.008% | — | $631K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.69 | +0.009% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.73 | +0.042% | $1.5M | $19.3M | 3.1x | as long as short |
| Perpl SOLshort | 0.0000% | 43m | 116.67 | −0.011% | $106K | $3.5M | 8.3x |
Kraken Futures PF_SOLUSD
Hibachi SOL/USDT-P
Bybit SOLUSDT
Derive SOL-PERP
Hotstuff SOL-PERP
Injective SOL/USDC PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SOL | +0.0008% | 1h | 116.62 | −0.055% | $2.2M | $16.7M | 25x | as long as short |
| dYdX SOL-USD | +0.0009% | 1h | 116.70 | +0.014% | $4.3M | $23.6M | 20x | as long as short |
| Bitget SOLUSDT | +0.0028% | 8h | 116.64 | −0.039% | $481.3M | $457.8M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0031% | 1h | 116.71 | +0.028% | $26.4M | $21.9M | 50x | as long as short |
| SoDEX SOL-USD | +0.0034% | 1h | 116.63 | −0.043% | $6.1M | $11.0M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0048% | 1h | 116.73 | +0.043% | $99K | $177K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.66 | −0.020% | $8.0M | $401.8M | 50x | as long as short |
| Aster SOLUSDT | +0.0061% | 8h | 116.62 | −0.049% | $177.1M | $168.4M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0076% | 8h | 116.65 | −0.027% | $1.0M | $5.9M | 100x | as long as short |
| Paradex SOL-USD-PERP | +0.0094% | 8h | 116.70 | +0.017% | $1.0M | $554K | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.64 | −0.035% | $13.2M | $60.4M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.63 | −0.044% | $351K | $256K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.67 | −0.009% | $66K | $909K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.69 | +0.013% | $5.4M | $41.4M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.80 | +0.103% | $704.2M | $408.1M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.73 | +0.042% | $15.7M | $130.4M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.63 | −0.045% | $965.5M | $3.86B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.63 | −0.043% | $368.4M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.65 | −0.026% | $217K | $832K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.72 | +0.036% | $901K | $8.5M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.55 | −0.111% | $125.5M | $25.2M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.69 | +0.009% | $850.2M | $659.9M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.62 | −0.051% | $367.5M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.69 | +0.008% | $132.5M | $233.7M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.64 | −0.034% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERPlong | +0.0100% | 1h | 116.68 | long leg | $23.1M | $35.9M | 50x | |
| Variational Omni SOL | +0.0100% | 8h | 116.71 | +0.028% | $25.0M | $108.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.73 | +0.039% | $93.7M | $406.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.72 | +0.031% | $47.8M | $29.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.70 | +0.021% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.70 | +0.017% | $1.3M | $11.7M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.69 | +0.009% | $313K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.68 | +0.002% | $243K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.68 | 0.000% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.67 | −0.005% | $190K | $1.7M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.64 | −0.034% | $225.8M | $50.6M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.65 | −0.026% | $45.4M | $104.6M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.61 | −0.057% | $8.2M | $37.8M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.71 | +0.029% | — | $233.7M | 500x | as long as short |
| Phoenix SOL | +0.0130% | 1h | 116.80 | +0.103% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0195% | 1h | 116.65 | −0.024% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.66 | −0.017% | $52.1M | $66.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.70 | +0.020% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0482% | 1h | 116.74 | +0.048% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0485% | 1h | 116.76 | +0.067% | $2.1M | $4.8M | 20x | as long as short |
Lighter RH SOL
dYdX SOL-USD
Bitget SOLUSDT
Deribit SOL_USDC-PERPETUAL
SoDEX SOL-USD
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
Orderly PERP_SOL_USDC
Paradex SOL-USD-PERP
Lighter SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
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
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC