Funding you earn now, next payment 16:00 UTC+0.0103%/8h= +11.3% APRnext payment +$1.03 per $10,000 · paid last 24h +0.011%
Price spread now: OKX against Bybit+0.035%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.035%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.046% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOLUSDT | 115.94 | −0.0003 | get 0.0003% / 8h | 7h 32m | $727.9M | $1.39B | 100x |
| Short | OKX SOL-USDT-SWAP | 115.98 | 0.0100 | get 0.0100% / 8h | 7h 32m | $365.7M | $1.72B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $21.64
- Price spread: +0.035% → −0.011%
- $4.57
- Slippage, 4 orders
- −$1.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $3.48
- Costs to cover
- 0.227%
- Break-even
- 5.9 days
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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 Bybit live order book, 2 min ago | 0.43 bp | 5.9 bp −$6 | 6.5 bp −$65 | 9.3 bp −$927 | 22.6 bp −$11.3K |
| Sell OKX live order book, 2 min ago | 0.43 bp | 5.4 bp −$5 | 6.0 bp −$60 | 10.1 bp −$1,005 | 21.4 bp −$10.7K |
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 | 116.17 | +0.194% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.00 | +0.049% | $32.2M | $105.2M | 100x | as long as short |
| Bybit SOLUSDTlong | −0.0003% | 8h | 115.94 | long leg | $727.9M | $1.39B | 100x | |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 115.99 | +0.044% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.05 | +0.096% | $4.3M | $23.3M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.06 | +0.100% | $1.4M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.01 | +0.062% | $102K | $3.4M | 8.3x | as long as short |
| Vest SOL-PERP | +0.0003% | 1h | 115.98 | +0.037% | — | $636K | 20x | as long as short |
| Derive SOL-PERP | +0.0007% | 1h | 116.15 | +0.182% | $1.8M | $2.9M | 13x | as long as short |
| Bitget SOLUSDT | +0.0024% | 8h | 115.95 | +0.009% | $478.2M | $446.8M | 100x | 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 | +0.0040% | 1h | 115.99 | +0.047% | $7.7M | $390.1M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0043% | 1h | 116.03 | +0.079% | $26.1M | $21.4M | 50x | as long as short |
| Aster SOLUSDT | +0.0052% | 8h | 115.95 | +0.009% | $176.0M | $169.5M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 115.98 | +0.035% | $1.0M | $5.8M | 100x | as long as short |
| SoDEX SOL-USD | +0.0077% | 1h | 115.96 | +0.017% | $6.1M | $11.0M | 20x | as long as short |
| Gate SOL_USDT | +0.0089% | 8h | 115.96 | +0.017% | $844.3M | $612.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 115.97 | +0.025% | $13.0M | $56.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 115.96 | +0.015% | $2.2M | $14.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.00 | +0.049% | $350K | $249K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 116.04 | +0.088% | $1.0M | $554K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 115.98 | +0.035% | $58K | $906K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.03 | +0.078% | $5.4M | $41.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.08 | +0.121% | $693.2M | $405.0M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.07 | +0.114% | $15.6M | $130.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 115.95 | +0.009% | $958.4M | $3.82B | 100x | as long as short |
| OKX SOL-USDT-SWAPshort | +0.0100% | 8h | 115.98 | +0.035% | $365.7M | $1.72B | 100x | |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.07 | +0.112% | $217K | $844K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.02 | +0.068% | $948K | $8.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 115.96 | +0.017% | $371.2M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 115.97 | +0.022% | $129.3M | $237.5M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 115.93 | −0.009% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 115.98 | +0.035% | $22.8M | $36.3M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.19 | +0.212% | $24.8M | $104.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.19 | +0.214% | $93.3M | $404.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.20 | +0.223% | $47.5M | $28.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.33 | +0.333% | $1.2M | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.09 | +0.129% | $1.3M | $11.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.00 | +0.052% | $317K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 115.97 | +0.029% | $282K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 115.98 | +0.036% | $188K | $1.7M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 115.92 | −0.017% | $224.4M | $50.6M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 115.99 | +0.043% | $45.1M | $103.0M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.25 | +0.266% | $125.8M | $25.7M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 115.93 | −0.010% | $8.3M | $35.9M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0112% | 1h | 116.05 | +0.095% | $101K | $183K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.06 | +0.102% | — | $230.4M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.12 | +0.155% | $6.5M | $13.4M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0136% | 1h | 116.23 | +0.250% | $101K | $682K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | +0.345% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0197% | 1h | 115.94 | −0.003% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.02 | +0.069% | $51.9M | $63.3M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 115.98 | +0.037% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0407% | 1h | 116.21 | +0.236% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.04 | +0.086% | $2.1M | $4.8M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0507% | 1h | 116.00 | +0.047% | $27K | $36K | 25x | as long as short |
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Derive SOL-PERP
Bitget SOLUSDT
Coinbase International SOL-PERP-INTX
Deribit SOL_USDC-PERPETUAL
Aster SOLUSDT
SoDEX SOL-USD
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
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
Bulk SOL-USD
Extended SOL-USD
01 Exchange SOLUSD
Phoenix SOL
Injective SOL/USDC PERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC
Bluefin SOL-PERP