Funding you earn now, next payment 07:00 UTC−0.0168%/8h= −18.5% APRnext payment −$0.21 per $10,000 · paid last 24h −0.071%
Price spread now: Derive against Bluefin−0.059%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.579%+$58 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Derive is 0.059% cheaper against Bluefin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.579%, so the current rate has only just turned against you. The two prices were read 59 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 | Bluefin SOL-PERP | 116.58 | 0.0100 | pay 0.0013% / 1h | 2m 32s | $27K | $36K | 25x |
| Short | Derive SOL-PERP | 116.51 | −0.0068 | pay 0.0009% / 1h | 2m 32s | $1.9M | $3.0M | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Bluefin. 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
- −$35.38
- Price spread: −0.059% → 0.000%
- −$5.86
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$54.25
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Bluefin: 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 Bluefin no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Bluefin 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0208% | 1h | 116.60 | +0.017% | $97K | $678K | 20x | as long as short |
| Bybit SOLUSDT | −0.0113% | 8h | 116.51 | −0.056% | $737.8M | $1.43B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.54 | −0.034% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0072% | 1h | 116.61 | +0.029% | $32.3M | $106.1M | 100x | as long as short |
| Derive SOL-PERPshort | −0.0068% | 1h | 116.51 | −0.059% | $1.9M | $3.0M | 13x | |
| Vest SOL-PERP | −0.0046% | 1h | 116.51 | −0.060% | — | $633K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.54 | −0.032% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.63 | +0.046% | $1.5M | $19.3M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.58 | +0.007% | $106K | $3.5M | 8.3x | as long as short |
| dYdX SOL-USD | +0.0017% | 1h | 116.58 | +0.002% | $4.3M | $23.6M | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOLUSDT | +0.0036% | 8h | 116.52 | −0.048% | $480.4M | $459.2M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0048% | 1h | 116.57 | −0.005% | $99K | $177K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.61 | +0.030% | $8.0M | $402.4M | 50x | as long as short |
| Lighter RH SOL | +0.0056% | 1h | 116.53 | −0.040% | $2.2M | $17.0M | 25x | as long as short |
| SoDEX SOL-USD | +0.0070% | 1h | 116.56 | −0.014% | $6.1M | $11.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0073% | 8h | 116.53 | −0.039% | $176.5M | $169.4M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0082% | 8h | 116.56 | −0.017% | $1.0M | $5.9M | 100x | as long as short |
| Paradex SOL-USD-PERP | +0.0093% | 8h | 116.57 | −0.008% | $1.0M | $554K | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.52 | −0.048% | $13.1M | $61.2M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.55 | −0.026% | $353K | $254K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.52 | −0.048% | $66K | $910K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.50 | −0.066% | $5.3M | $41.5M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.64 | +0.055% | $701.1M | $408.5M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.58 | +0.001% | $15.7M | $130.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.53 | −0.039% | $965.8M | $3.87B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.53 | −0.039% | $367.1M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.57 | −0.005% | $217K | $825K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.56 | −0.018% | $899K | $8.7M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.55 | −0.022% | $125.4M | $26.0M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.53 | −0.039% | $849.0M | $676.6M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.51 | −0.057% | $369.7M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.55 | −0.019% | $133.0M | $233.0M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.53 | −0.044% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.56 | −0.014% | $23.0M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.69 | +0.102% | $25.1M | $110.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.63 | +0.049% | $93.6M | $408.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.62 | +0.041% | $47.7M | $29.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.66 | +0.070% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.63 | +0.046% | $1.3M | $11.8M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.50 | −0.065% | $312K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.52 | −0.050% | $241K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERPlong | +0.0100% | 1h | 116.58 | long leg | $27K | $36K | 25x | |
| SunX SOL-USDT | +0.0100% | 8h | 116.57 | −0.005% | $189K | $1.8M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.57 | −0.006% | $225.7M | $50.4M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.57 | −0.005% | $45.4M | $104.9M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.49 | −0.074% | $8.0M | $38.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.60 | +0.021% | — | $233.7M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0133% | 1h | 116.64 | +0.057% | $26.4M | $21.7M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0176% | 1h | 116.62 | +0.038% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0178% | 1h | 116.73 | +0.132% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0195% | 1h | 116.48 | −0.083% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.53 | −0.039% | $52.1M | $66.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.53 | −0.040% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0451% | 1h | 116.61 | +0.029% | $2.1M | $4.8M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0488% | 1h | 116.63 | +0.050% | $25K | $57K | 20x | as long as short |
Bluefin SOL-PERP
Derive SOL-PERP
Bybit SOLUSDT
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Bitget SOLUSDT
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Lighter RH SOL
SoDEX SOL-USD
Aster SOLUSDT
Paradex SOL-USD-PERP
Lighter SOL
Katana Perps SOL-USD
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
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
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD