Funding you earn now, next payment 04:31 UTC+0.0528%/8h= +57.8% APRpaid last 24h −0.011%
Price spread now: Perpl against Kraken Futures+0.047%7-day average −0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.367%−$37 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.047%, 7d avg −0.023%
=Together, before fees−0.408%+ Points / potential airdropPerpl: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Perpl is 0.070% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.367%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.367% in total (about -19.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOLUSD | 116.45 | −0.0193 | get 0.0024% / 1h | 24m 13s | $30.9M | $101.2M | 100x |
| Short | Perpl SOL | 116.51 | 0.0335 | get 0.0030% / 43m | 21m 13s | $138K | $3.7M | 8.3x |
Kraken Futures PF_SOLUSD
Perpl SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Kraken Futures. 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
- $110.93
- Price spread: +0.047% → −0.023%
- $6.99
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $94.12
- Costs to cover
- 0.238%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: live order book, 5 min ago; Perpl: 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 Kraken Futures live order book, 5 min ago | 1.28 bp | 6.3 bp −$6 | 6.9 bp −$69 | 11.1 bp −$1,109 | 19.9 bp −$9,933 |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSDlong | −0.0193% | 1h | 116.45 | long leg | $30.9M | $101.2M | 100x | |
| Hibachi SOL/USDT-P | −0.0184% | 1h | 116.57 | +0.099% | $105K | $703K | 20x | as long as short |
| Vest SOL-PERP | −0.0097% | 1h | 116.42 | −0.029% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.48 | +0.026% | $1K | $8K | 25x | as long as short |
| Bybit SOLUSDT | −0.0015% | 8h | 116.36 | −0.080% | $755.3M | $1.38B | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.48 | +0.023% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.49 | +0.030% | $1.4M | $19.0M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0015% | 1h | 116.51 | +0.046% | $4.4M | $24.2M | 20x | as long as short |
| Derive SOL-PERP | +0.0032% | 1h | 116.40 | −0.043% | $1.9M | $2.9M | 13x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.45 | −0.002% | $7.6M | $404.5M | 50x | as long as short |
Hibachi SOL/USDT-P
Vest SOL-PERP
Hotstuff SOL-PERP
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
dYdX SOL-USD
Derive SOL-PERP
Coinbase International SOL-PERP-INTXShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0064% | 1h | 116.49 | +0.032% | $99K | $174K | 20x | as long as short |
| Bullet SOL-USD | +0.0079% | 1h | 116.45 | −0.004% | $147K | $1.6M | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0094% | 8h | 116.48 | +0.023% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.46 | +0.004% | $13.1M | $60.4M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.43 | −0.020% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.47 | +0.012% | $350K | $247K | 20x | as long as short |
| Bitget SOLUSDT | +0.0098% | 8h | 116.50 | +0.041% | $480.9M | $445.2M | 100x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.45 | −0.002% | $61K | $895K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.46 | +0.003% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.42 | −0.025% | $5.4M | $40.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.62 | +0.144% | $703.1M | $394.5M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.44 | −0.011% | $174.4M | $183.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.48 | +0.025% | $15.8M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.46 | +0.006% | $971.6M | $3.82B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.48 | +0.023% | $366.7M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.47 | +0.015% | $229K | $836K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.52 | +0.057% | $921K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.75 | +0.255% | $133.5M | $19.9M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.45 | −0.002% | $851.0M | $664.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.46 | +0.006% | $365.2M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.46 | +0.010% | $129.0M | $223.4M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.47 | +0.010% | — | $365.8M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.50 | +0.041% | $23.0M | $40.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.40 | −0.042% | $24.4M | $113.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.61 | +0.138% | $93.6M | $400.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.68 | +0.195% | $47.7M | $30.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.64 | +0.161% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.58 | +0.109% | $1.3M | $12.6M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.44 | −0.011% | $321K | $2.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.45 | 0.000% | $25K | $31K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.46 | +0.007% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.44 | −0.011% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.41 | −0.037% | $225.6M | $48.1M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.49 | +0.032% | $45.5M | $103.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.42 | −0.029% | $8.3M | $37.7M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.70 | +0.212% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.45 | 0.000% | — | $231.6M | 500x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.64 | +0.161% | $6.5M | $13.8M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0167% | 1h | 116.50 | +0.044% | $26.3M | $23.3M | 50x | as long as short |
| Reya SOLRUSDPERP | +0.0191% | 1h | 116.43 | −0.022% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.46 | +0.006% | $51.8M | $67.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0178% | 1h | 116.47 | +0.014% | $3.6M | — | 200x | as long as short |
| Perpl SOLshort | +0.0335% | 43m | 116.51 | +0.047% | $138K | $3.7M | 8.3x | |
| Aftermath Perps SOLUSD | +0.0558% | 1h | 116.67 | +0.182% | $25K | $51K | 20x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 116.56 | +0.089% | $1.9M | $4.8M | 20x | as long as short |
01 Exchange SOLUSD
Bullet SOL-USD
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Bitget SOLUSDT
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
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
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Jupiter Perps SOL-PERP
Phoenix SOL
Deribit SOL_USDC-PERPETUAL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC