Settings8H · net · $10k
Funding arb · Price arb /

SOL

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0250%/8h= −27.4% APRnext payment $0.31 per $10,000 · paid last 24h −0.025%
Price spread now: Vest against Deribit−0.032%48s7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.025%−$3 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.032%, 7d avg −0.041%
Together, before fees+0.068%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.025% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOL_USDC-PERPETUAL115.870.0159pay 0.0020% / 1h29m 19s$26.2M$21.9M50x
ShortVest SOL-PERP115.83−0.0091pay 0.0011% / 1h29m 19s$625K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Deribit. 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

Funding earned
−$52.59
Price spread: −0.032% → −0.041%
$0.94
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
−$60.66
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 5 min ago; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 5 min ago0.04 bp4.9 bp −$55.4 bp −$5414.6 bp −$1,464doesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD−0.0241%1h115.83−0.033%$31.7M$103.6M100xas long as short
Hibachi SOL/USDT-P−0.0184%1h115.84−0.026%$104K$693K20xas long as short
Bybit SOLUSDT−0.0116%8h115.78−0.077%$740.5M$1.42B100xas long as short
BingX SOL-USDC−0.0116%8h115.80−0.059%$10.6Mas long as short
Vest SOL-PERPshort−0.0091%1h115.83−0.032%$625K20x
Hotstuff SOL-PERP−0.0080%1h116.16+0.252%$1K$8K25xas long as short
Derive SOL-PERP−0.0073%1h115.73−0.119%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h115.85−0.016%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h115.80−0.063%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m115.85−0.016%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0013%1h115.80−0.059%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0016%1h115.83−0.035%$98K$177K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h115.86−0.006%$7.8M$403.4M50xas long as short
Bitget SOLUSDT+0.0068%8h115.80−0.064%$479.3M$455.8M100xas long as short
Bullet SOL-USD+0.0089%1h115.84−0.024%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDC+0.0096%8h115.83−0.037%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h115.77−0.090%$12.9M$60.9M25xas long as short
Lighter RH SOL+0.0096%1h115.75−0.100%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h115.83−0.037%$348K$247K20xas long as short
Aster SOLUSDT+0.0099%8h115.84−0.026%$173.7M$184.6M100xas long as short
Katana Perps SOL-USD+0.0099%8h115.80−0.061%$62K$911K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h115.80−0.058%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h115.81−0.049%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h115.93+0.051%$686.5M$399.8M20xas long as short
Pacifica SOL+0.0100%1h115.81−0.055%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h115.86−0.012%$963.4M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h115.81−0.052%$361.2M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.75−0.104%$215K$870K10xas long as short
Arcus SOL-USD+0.0100%1h115.87+0.002%$913K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.84−0.025%$125.6M$19.8M20xas long as short
Gate SOL_USDT+0.0100%8h115.82−0.043%$840.0M$667.6M100xas long as short
MEXC SOL_USDT+0.0100%8h115.870.000%$359.4M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.84−0.029%$124.5M$229.3M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.84−0.026%$22.8M$40.4M50xas long as short
Variational Omni SOL+0.0100%8h115.67−0.175%$24.7M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h115.77−0.082%$92.9M$406.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.76−0.096%$47.4M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h115.81−0.051%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h115.83−0.035%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h115.84−0.026%$318K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h115.82−0.043%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h115.81−0.056%$188K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h115.82−0.043%$6.0M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h115.74−0.110%$224.2M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h115.870.000%$45.1M$104.5M50xas long as short
Extended SOL-USD+0.0104%1h115.75−0.100%$7.9M$38.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h115.84−0.029%$239.7M500xas long as short
Deribit SOL_USDC-PERPETUALlong+0.0159%1h115.87long leg$26.2M$21.9M50x
Injective SOL/USDC PERP+0.0173%1h116.55+0.587%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h115.870.000%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h115.84−0.029%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h115.69−0.156%$51.5M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h115.85−0.017%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h115.90+0.029%$1.9M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0595%1h115.90+0.029%$25K$53K20xas long as short