Funding you earn now, next payment 23:00 UTC−0.0215%/8h= −23.5% APRnext payment −$0.27 per $10,000 · paid last 24h −0.043%
Price spread now: Derive against Jupiter Perps−0.082%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.082%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Derive is 0.049% cheaper against Jupiter Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Jupiter Perps SOL-PERP | 119.28 | L +0.0120% / S +0.0048% | pay 0.0015% / 1h | 31m 30s | — | $223.1M | 500x |
| Short | Derive SOL-PERP | 119.18 | −0.0095 | pay 0.0012% / 1h | 31m 30s | $2.0M | $3.0M | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Jupiter Perps. 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
- −$45.15
- Price spread: −0.082% → −0.033%
- −$4.91
- Slippage, 4 orders
- no order book: not counted
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$68.06
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; 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 Jupiter Perps no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Jupiter Perps and 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0178% | 1h | 119.25 | −0.027% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERPshort | −0.0095% | 1h | 119.18 | −0.082% | $2.0M | $3.0M | 13x | |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.28 | +0.006% | $846 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0060% | 1h | 119.22 | −0.045% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.28 | +0.006% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.25 | −0.021% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.33 | +0.043% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.24 | −0.032% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0024% | 1h | 119.29 | +0.013% | $120K | $611K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.36 | +0.069% | $6.6M | $13.6M | 25x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 119.29 | +0.009% | $1.1M | $5.9M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0071% | 1h | 119.32 | +0.040% | $26.7M | $27.6M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0075% | 1h | 119.41 | +0.114% | $24K | $47K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.24 | −0.029% | — | $374.2M | — | as long as short |
| HTX SOL-USDT | +0.0083% | 8h | 119.25 | −0.023% | $232.3M | $44.7M | 75x | as long as short |
| Gate SOL_USDT | +0.0083% | 8h | 119.26 | −0.014% | $870.0M | $682.3M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 119.29 | +0.011% | $104K | $153K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.25 | −0.019% | $13.6M | $55.6M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.22 | −0.046% | $2.1M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.27 | −0.003% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.18 | −0.078% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.25 | −0.023% | $47K | $794K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.24 | −0.030% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.36 | +0.069% | $718.7M | $416.0M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.25 | −0.023% | $178.5M | $176.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.28 | +0.002% | $12.4M | $117.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.27 | −0.006% | $986.5M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.28 | +0.002% | $823.9M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.25 | −0.023% | $371.5M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.26 | −0.014% | $233K | $886K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.31 | +0.029% | $2.0M | $8.9M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.26 | −0.014% | $451.5M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.27 | −0.006% | $140.9M | $200.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.25 | −0.027% | $495.3M | $455.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.25 | −0.023% | $24.1M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.41 | +0.112% | $27.9M | $128.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.40 | +0.104% | $95.9M | $399.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.40 | +0.099% | $48.9M | $31.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.40 | +0.101% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.27 | −0.006% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.26 | −0.014% | $365K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.24 | −0.027% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.32 | +0.033% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.28 | +0.002% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.30 | +0.019% | $46.6M | $101.9M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.75 | +0.395% | $134.3M | $8.4M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.21 | −0.058% | $8.7M | $36.2M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.34 | +0.057% | $8.2M | $415.2M | 50x | as long as short |
| Jupiter Perps SOL-PERPlong | L +0.0120% / S +0.0048% | 1h | 119.28 | long leg | — | $223.1M | 500x | |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.33 | +0.042% | $32.6M | $95.7M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0085% | 1h | 119.24 | −0.029% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.23 | −0.038% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.31 | +0.025% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.13 | −0.123% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.32 | +0.036% | $52.2M | $82.8M | 125x | as long as short |
Derive SOL-PERP
Bluefin SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Aftermath Perps SOLUSD
BingX SOL-USDT
HTX SOL-USDT
Gate SOL_USDT
01 Exchange SOLUSD
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT