Funding you earn now, next payment 11:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.036%
Price spread now: Bullet against dYdX−0.020%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 4 days (all we have)+0.023%+$2 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.020%, 7d avg +0.034%
=Funding pays, the price is against you. Bullet is 0.054% cheaper against dYdX than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.034%). If the spread goes back, that is −$5 on $10k: about 6.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SOL-USD | 117.29 | 0.0071 | pay 0.0009% / 1h | 54m 56s | $9.3M | $17.9M | 20x |
| Short | Bullet SOL-USD | 117.27 | 0.0100 | get 0.0013% / 1h | 54m 56s | $284K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against dYdX. 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
- $6.14
- Price spread: −0.020% → +0.034%
- −$5.39
- Slippage, 4 orders
- −$63.07
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$80.32
- Costs to cover
- 0.811%
- Break-even
- 98.5 days
Slippage from dYdX: live order book, 2 min ago; Bullet: 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 dYdX live order book, 2 min ago | 17.46 bp | 47.0 bp −$47 | 47.1 bp −$471 | 54.7 bp −$5,470 | 112.2 bp −$56.1K |
| Sell Bullet live order book, 2 min ago | 0.51 bp | 6.4 bp −$6 | 11.2 bp −$112 | doesn't fit | doesn't fit |
SOL on 54 exchanges
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 | −0.0264% | 1h | 117.31 | +0.020% | $99K | $647K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.44 | +0.124% | $1K | $8K | 25x | as long as short |
| Bybit SOLUSDT | −0.0054% | 8h | 117.19 | −0.085% | $734.0M | $1.24B | 100x | as long as short |
| SoDEX SOL-USD | −0.0025% | 1h | 117.23 | −0.051% | $6.1M | $11.1M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.35 | +0.052% | $41K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.30 | +0.006% | $1.3M | $15.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.28 | −0.006% | $98K | $2.9M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 117.29 | +0.002% | $26.4M | $18.5M | 50x | as long as short |
| Vest SOL-PERP | +0.0007% | 1h | 117.25 | −0.032% | — | $272K | 20x | as long as short |
| Bitget SOLUSDT | +0.0029% | 8h | 117.18 | −0.093% | $482.4M | $397.3M | 100x | as long as short |
Show all 54 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 117.26 | −0.024% | $8.4M | $369.3M | 50x | as long as short |
| Aster SOLUSDT | +0.0043% | 8h | 117.22 | −0.061% | $177.8M | $155.4M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0050% | 8h | 117.23 | −0.052% | $996K | $5.1M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 117.26 | −0.025% | $101K | $181K | 20x | as long as short |
| dYdX SOL-USDlong | +0.0071% | 1h | 117.29 | long leg | $9.3M | $17.9M | 20x | |
| Aevo SOL-PERP | +0.0080% | 1h | 117.18 | −0.092% | $348K | $258K | 20x | as long as short |
| Binance SOLUSDT | +0.0081% | 8h | 117.19 | −0.082% | $971.0M | $3.43B | 100x | as long as short |
| MEXC SOL_USDT | +0.0081% | 8h | 117.21 | −0.068% | $430.2M | $910.8M | 300x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0083% | 1h | 117.25 | −0.030% | $32.6M | $92.0M | 100x | as long as short |
| Gate SOL_USDT | +0.0090% | 8h | 117.24 | −0.042% | $842.6M | $584.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.25 | −0.038% | $13.2M | $54.4M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.23 | −0.054% | $2.3M | $13.5M | 25x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.28 | −0.006% | $1.0M | $554K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.26 | −0.025% | $45K | $879K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.25 | −0.029% | $5.7M | $39.1M | 40x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.31 | +0.016% | $15.9M | $116.2M | 20x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.17 | −0.102% | $361.5M | $1.55B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.27 | −0.017% | $223K | $759K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.32 | +0.026% | $1.3M | $8.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.35 | +0.050% | $127.4M | $14.3M | 20x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.24 | −0.041% | $134.5M | $225.8M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 117.23 | −0.050% | — | $334.0M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.24 | −0.042% | $23.2M | $35.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.28 | −0.012% | $25.1M | $99.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.28 | −0.011% | $94.2M | $374.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.33 | +0.034% | $48.0M | $25.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.37 | +0.067% | $1.1M | $6.5M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.28 | −0.008% | $1.3M | $10.2M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.24 | −0.042% | $323K | $2.7M | 20x | as long as short |
| Bullet SOL-USDshort | +0.0100% | 1h | 117.27 | −0.020% | $284K | $1.6M | 20x | |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.27 | −0.021% | $27K | $35K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.25 | −0.037% | $190K | $1.4M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 117.36 | +0.057% | $227.0M | $40.9M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.28 | −0.008% | $45.5M | $99.5M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.19 | −0.088% | $8.5M | $33.1M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.26 | −0.027% | — | $210.5M | 500x | as long as short |
| Phoenix SOL | +0.0129% | 1h | 117.41 | +0.103% | $6.6M | $12.2M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0199% | 1h | 117.21 | −0.072% | $1.1M | $93K | 25x | as long as short |
| BloFin SOL-USDT | +0.0202% | 8h | 117.23 | −0.051% | $51.6M | $57.1M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0206% | 1h | 116.85 | −0.375% | $4K | $117 | 12x | as long as short |
| Hyperliquid SOL | +0.0208% | 1h | 117.37 | +0.071% | $723.2M | $366.5M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0171% | 1h | 117.24 | −0.040% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0250% | 1h | 117.35 | +0.050% | $2.2M | $4.4M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0382% | 1h | 117.34 | +0.040% | $25K | $52K | 20x | as long as short |
Bullet SOL-USD
Bybit SOLUSDT
SoDEX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
Bitget SOLUSDT
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
01 Exchange SOLUSD
Binance SOLUSDT
MEXC SOL_USDT
Kraken Futures PF_SOLUSD
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Pacifica SOL
OKX SOL-USDT-SWAP
Bulk SOL-USD
KuCoin SOLUSDTM
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Phoenix SOL
BloFin SOL-USDT
Injective SOL/USDC PERP
Hyperliquid SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD