SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0091%/8h= +9.9% APRnext payment +$0.11 per $10,000 · paid last 24h +0.076%

Price spread now: Bluefin against Derive+0.044%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.593%−$59 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bluefin is 0.044% dearer against Derive than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.593%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive SOL-PERP	117.22	0.0009	pay 0.0001% / 1h	57m 11s	$2.0M	$2.8M	13x
Short	Bluefin SOL-PERP	117.27	0.0100	get 0.0013% / 1h	57m 11s	$25K	$28K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against Derive. 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

Position, each leg$Hold fordaysFee DerivebpFee BluefinbpOrdersPrice spread, now +0.044%Rate

Funding earned: $19.04
Price spread: +0.044% → 0.000%: $4.38
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: $10.42
Costs to cover: 0.130%
Break-even: 3.2 days

Slippage unknown: Derive: no order-book sample; Bluefin: 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 Derive no order-book sample	—	—	—	—	—
Sell Bluefin no order-book sample	—	—	—	—	—

Derive and Bluefin: 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 54 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	117.59	+0.321%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0057%	1h	117.25	+0.029%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.30	+0.068%	$31.5M	$98.3M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.30	+0.073%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.33	+0.096%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.34	+0.101%	$1.4M	$20.1M	3.1x	as long as short
Derive SOL-PERPlong	+0.0009%	1h	117.22	long leg	$2.0M	$2.8M	13x
HTX SOL-USDT	+0.0033%	8h	117.23	+0.007%	$227.8M	$45.5M	75x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	117.27	+0.044%	$100K	$162K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0044%	1h	117.33	+0.097%	$26.3M	$25.3M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.31	+0.081%	$8.0M	$402.1M	50x	as long as short
Lighter SOL	+0.0072%	1h	117.29	+0.063%	$13.0M	$58.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.44	+0.191%	$100K	$690K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.30	+0.069%	—	$10.6M	—	as long as short
Gate SOL_USDT	+0.0086%	8h	117.29	+0.061%	$848.3M	$641.2M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.30	+0.073%	$1.0M	$5.8M	100x	as long as short
Lighter RH SOL	+0.0096%	1h	117.30	+0.069%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.30	+0.067%	$344K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.24	+0.018%	$67K	$840K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.28	+0.053%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.27	+0.044%	$5.8M	$40.1M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.30	+0.069%	$176.0M	$177.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.34	+0.104%	$14.5M	$127.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.32	+0.086%	$967.2M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.34	+0.104%	$819.8M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.35	+0.112%	$365.5M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.37	+0.129%	$238K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.28	+0.055%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.35	+0.112%	$423.5M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.36	+0.122%	$130.4M	$211.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.33	+0.095%	$486.4M	$433.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.35	+0.112%	$23.7M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.45	+0.201%	$24.3M	$120.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.44	+0.185%	$94.3M	$405.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.55	+0.279%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.56	+0.291%	$1.5M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.49	+0.231%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.26	+0.035%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.31	+0.077%	$201K	$1.6M	20x	as long as short
Bluefin SOL-PERPshort	+0.0100%	1h	117.27	+0.044%	$25K	$28K	25x
SunX SOL-USDT	+0.0100%	8h	117.28	+0.052%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.29	+0.061%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.33	+0.095%	$45.7M	$100.3M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	+0.202%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.53	+0.266%	$6.5M	$13.2M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.26	+0.034%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.43	+0.181%	—	$221.2M	500x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.32	+0.088%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0170%	1h	117.43	+0.179%	$716.6M	$395.5M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.25	+0.025%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.45	+0.197%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.30	+0.070%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0363%	1h	117.48	+0.221%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.34	+0.100%	$128K	$3.8M	8.3x	as long as short