Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.042%
Price spread now: dYdX against Bullet+0.043%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$290.295% of the position
Funding, last 3 days (all we have)−0.016%−$2 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.043%, 7d avg −0.036%
=The price spread pays, funding is against you. dYdX is 0.079% dearer against Bullet than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.036%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 3 days (−0.016% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SOL-USD | 117.63 | 0.0100 | pay 0.0013% / 1h | 8m 19s | $199K | $1.6M | 20x |
| Short | dYdX SOL-USD | 117.68 | 0 | get 0.0000% / 1h | 8m 19s | $4.5M | $24.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bullet. 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: +0.043% → −0.036%
- $7.86
- Slippage, 4 orders
- −$11.47
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$42.61
- Costs to cover
- 0.295%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 1 min ago; dYdX: live order book, 1 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 Bullet live order book, 1 min ago | 0.51 bp | 6.5 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 1 min ago | 0.85 bp | 8.0 bp −$8 | 13.3 bp −$133 | 39.4 bp −$3,943 | 106.0 bp −$53.0K |
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 | 117.65 | +0.016% | $920 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0072% | 1h | 117.59 | −0.029% | — | $605K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0055% | 1h | 117.60 | −0.026% | $31.6M | $98.9M | 100x | as long as short |
| Bluefin SOL-PERP | −0.0053% | 1h | 117.61 | −0.010% | $25K | $28K | 25x | as long as short |
| Derive SOL-PERP | −0.0010% | 1h | 117.54 | −0.071% | $1.9M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.66 | +0.027% | $57K | — | 150x | as long as short |
| dYdX SOL-USDshort | 0.0000% | 1h | 117.68 | +0.043% | $4.5M | $24.1M | 20x | |
| Deribit SOL_USDC-PERPETUAL | +0.0031% | 1h | 117.65 | +0.017% | $26.4M | $24.9M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0032% | 1h | 117.88 | +0.214% | $105K | $696K | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 117.65 | +0.019% | $100K | $166K | 20x | as long as short |
Show 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 | 117.62 | −0.005% | $7.9M | $403.6M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0090% | 8h | 117.63 | +0.002% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.60 | −0.023% | $13.2M | $60.0M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.59 | −0.034% | $2.1M | $16.3M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.61 | −0.012% | $345K | $226K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.64 | +0.011% | $56K | $856K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.70 | +0.062% | $1.0M | $516K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.63 | +0.007% | $5.8M | $38.8M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.59 | −0.031% | $176.9M | $180.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.69 | +0.057% | $14.5M | $128.4M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.59 | −0.031% | $968.9M | $3.73B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.60 | −0.025% | $828.9M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.53 | −0.083% | $365.4M | $1.63B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.61 | −0.015% | $234K | $862K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.65 | +0.023% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.96 | +0.286% | $136.3M | $17.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.61 | −0.015% | $858.8M | $655.3M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.58 | −0.040% | $424.4M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.59 | −0.033% | $130.5M | $213.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.63 | +0.001% | $487.3M | $431.5M | 100x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 117.60 | −0.027% | — | $10.5M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.70 | +0.062% | $23.7M | $37.3M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.77 | +0.123% | $24.4M | $114.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.72 | +0.076% | $94.6M | $391.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.93 | +0.257% | $48.3M | $28.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.83 | +0.172% | $1.7M | $6.0M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.96 | +0.283% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.62 | −0.006% | $352K | $2.4M | 20x | as long as short |
| Bullet SOL-USDlong | +0.0100% | 1h | 117.63 | long leg | $199K | $1.6M | 20x | |
| SunX SOL-USDT | +0.0100% | 8h | 117.63 | +0.004% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.60 | −0.023% | $6.2M | $10.7M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 117.67 | +0.033% | $228.5M | $45.2M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.60 | −0.023% | $45.9M | $100.4M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0103% | 8h | 117.66 | +0.029% | $1.3M | $19.3M | 3.1x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.56 | −0.054% | $8.2M | $36.1M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.61 | −0.011% | — | $215.3M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.99 | +0.308% | $6.5M | $13.4M | 25x | as long as short |
| RISEx SOL/USDC | +0.0136% | 1h | 117.70 | +0.061% | $1.9M | $4.9M | 20x | as long as short |
| Hyperliquid SOL | +0.0173% | 1h | 117.72 | +0.079% | $720.2M | $387.5M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 117.60 | −0.024% | $1.1M | $537K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0218% | 1h | 117.49 | −0.117% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.69 | +0.053% | $51.9M | $71.6M | 125x | as long as short |
| Perpl SOL | +0.0223% | 43m | 117.68 | +0.044% | $127K | $3.7M | 8.3x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 117.62 | −0.004% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0412% | 1h | 117.81 | +0.151% | $25K | $52K | 20x | as long as short |
Bullet SOL-USD
Kraken Futures PF_SOLUSD
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Kalshi KXSOLPERP
Extended SOL-USD
Phoenix SOL
RISEx SOL/USDC
Hyperliquid SOL
Injective SOL/USDC PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD