Funding you earn now, next payment 05:00 UTC−0.0129%/8h= −14.2% APRnext payment −$0.16 per $10,000 · paid last 24h −0.037%
Price spread now: Derive against Extended−0.065%7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.065%, 7d avg −0.002%
=Together, before fees−0.073%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Derive is 0.062% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOL-USD | 116.25 | 0.0104 | pay 0.0013% / 1h | 2m 40s | $8.3M | $37.9M | 50x |
| Short | Derive SOL-PERP | 116.17 | −0.0025 | pay 0.0003% / 1h | 2m 40s | $1.9M | $2.9M | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Extended. 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
- −$27.15
- Price spread: −0.065% → −0.002%
- −$6.24
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$44.39
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 1 min ago; Derive: 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 Extended live order book, 1 min ago | 0.43 bp | 2.9 bp −$3 | 2.9 bp −$29 | 6.3 bp −$630 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0224% | 1h | 116.50 | +0.217% | $105K | $704K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0194% | 1h | 116.26 | +0.013% | $31.6M | $103.2M | 100x | as long as short |
| Vest SOL-PERP | −0.0112% | 1h | 116.28 | +0.026% | — | $601K | 20x | as long as short |
| Bybit SOLUSDT | −0.0092% | 8h | 116.24 | −0.005% | $746.8M | $1.40B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.28 | +0.030% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERPshort | −0.0025% | 1h | 116.17 | −0.065% | $1.9M | $2.9M | 13x | |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.27 | +0.024% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.27 | +0.025% | $1.4M | $19.1M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0011% | 1h | 116.31 | +0.055% | $4.4M | $24.2M | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.27 | +0.023% | $7.6M | $404.3M | 50x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0064% | 1h | 116.31 | +0.055% | $99K | $175K | 20x | as long as short |
| Bullet SOL-USD | +0.0068% | 1h | 116.27 | +0.021% | $147K | $1.6M | 20x | as long as short |
| Bitget SOLUSDT | +0.0085% | 8h | 116.28 | +0.025% | $480.5M | $448.2M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0094% | 8h | 116.24 | −0.006% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.34 | +0.086% | $13.1M | $60.6M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.33 | +0.073% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.25 | +0.005% | $350K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.24 | −0.005% | $60K | $899K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.35 | +0.091% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.29 | +0.038% | $5.3M | $40.4M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.40 | +0.133% | $700.5M | $395.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.30 | +0.051% | $174.2M | $183.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.35 | +0.093% | $15.8M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.32 | +0.065% | $970.0M | $3.83B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.32 | +0.064% | $366.6M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.30 | +0.047% | $218K | $860K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.34 | +0.084% | $923K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.27 | +0.017% | $131.6M | $15.2M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.34 | +0.081% | $858.1M | $672.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.32 | +0.064% | $373.6M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.32 | +0.063% | $122.9M | $226.8M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.26 | +0.014% | — | $10.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.26 | +0.012% | $23.0M | $40.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.35 | +0.094% | $25.1M | $114.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.43 | +0.161% | $93.5M | $401.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.43 | +0.159% | $47.6M | $30.9M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.50 | +0.221% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.48 | +0.202% | $1.3M | $12.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.26 | +0.012% | $320K | $2.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.19 | −0.049% | $25K | $32K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.26 | +0.009% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.25 | +0.004% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.22 | −0.026% | $225.1M | $48.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.26 | +0.012% | $45.3M | $103.3M | 50x | as long as short |
| Extended SOL-USDlong | +0.0104% | 1h | 116.25 | long leg | $8.3M | $37.9M | 50x | |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.50 | +0.219% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.44 | +0.168% | — | $235.8M | 500x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.57 | +0.279% | $6.5M | $13.8M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0170% | 1h | 116.30 | +0.049% | $26.2M | $23.1M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0192% | 1h | 116.24 | −0.004% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.24 | −0.005% | $51.8M | $67.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0179% | 1h | 116.26 | +0.013% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.30 | +0.043% | $118K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0560% | 1h | 116.46 | +0.181% | $25K | $52K | 20x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 116.37 | +0.107% | $1.9M | $4.8M | 20x | as long as short |
Extended SOL-USD
Derive SOL-PERP
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Coinbase International SOL-PERP-INTX
01 Exchange SOLUSD
Bullet SOL-USD
Bitget SOLUSDT
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Injective SOL/USDC PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC