Funding you earn now, next payment 11:00 UTC−0.0079%/8h= −8.7% APRpaid last 24h −0.013%
Price spread now: Deribit against MEXC+0.050%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$130.126% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.050%, 7d avg +0.016%
=The price spread pays, funding is against you. Deribit is 0.034% dearer against MEXC than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of +0.016%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.073% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOL_USDT | 117.15 | 0.0079 | pay 0.0079% / 8h | 5h 51m | $430.4M | $911.5M | 300x |
| Short | Deribit SOL_USDC-PERPETUAL | 117.21 | 0 | get 0.0000% / 1h | 51m 53s | $26.4M | $18.3M | 50x |
MEXC SOL_USDT
Deribit SOL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against MEXC. 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
- −$16.59
- Price spread: +0.050% → +0.016%
- $3.44
- Slippage, 4 orders
- −$3.65
- Fee MEXC: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$25.8
- Costs to cover
- 0.126%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Deribit: live order book, just now.
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 MEXC live order book, 5 min ago | 0.43 bp | 1.4 bp −$1 | 1.4 bp −$14 | 2.6 bp −$257 | 5.2 bp −$2,589 |
| Sell Deribit live order book, just now | 0.04 bp | 5.5 bp −$6 | 5.9 bp −$59 | 15.5 bp −$1,547 | 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 | −0.0272% | 1h | 117.22 | +0.056% | $99K | $634K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.44 | +0.243% | $1K | $8K | 25x | as long as short |
| Bybit SOLUSDT | −0.0053% | 8h | 117.11 | −0.034% | $732.9M | $1.24B | 100x | as long as short |
| SoDEX SOL-USD | −0.0024% | 1h | 117.18 | +0.026% | $6.1M | $11.1M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.20 | +0.043% | $41K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.16 | +0.009% | $1.3M | $15.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.25 | +0.082% | $98K | $2.8M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUALshort | 0.0000% | 1h | 117.21 | +0.050% | $26.4M | $18.3M | 50x | |
| Vest SOL-PERP | +0.0007% | 1h | 117.13 | −0.013% | — | $272K | 20x | as long as short |
| Bitget SOLUSDT | +0.0028% | 8h | 117.16 | +0.009% | $482.4M | $396.5M | 100x | as long as short |
Hibachi SOL/USDT-P
Hotstuff SOL-PERP
Bybit SOLUSDT
SoDEX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Vest SOL-PERP
Bitget SOLUSDTShow 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 | 117.20 | +0.042% | $8.4M | $368.3M | 50x | as long as short |
| Aster SOLUSDT | +0.0042% | 8h | 117.12 | −0.026% | $177.7M | $155.2M | 100x | as long as short |
| ApeX Omni SOLUSDT | +0.0044% | 1h | 117.25 | +0.085% | $1.1M | $6.5M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0049% | 8h | 117.13 | −0.015% | $995K | $5.0M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 117.15 | 0.000% | $101K | $181K | 20x | as long as short |
| Phoenix SOL | +0.0075% | 1h | 117.41 | +0.222% | $6.6M | $12.2M | 25x | as long as short |
| Binance SOLUSDT | +0.0078% | 8h | 117.11 | −0.036% | $970.3M | $3.42B | 100x | as long as short |
| MEXC SOL_USDTlong | +0.0079% | 8h | 117.15 | long leg | $430.4M | $911.5M | 300x | |
| Aevo SOL-PERP | +0.0080% | 1h | 117.09 | −0.050% | $348K | $258K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0083% | 1h | 117.20 | +0.046% | $33.7M | $93.1M | 100x | as long as short |
| Gate SOL_USDT | +0.0085% | 8h | 117.16 | +0.009% | $841.8M | $585.6M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.19 | +0.032% | $13.2M | $54.4M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.17 | +0.014% | $2.3M | $13.5M | 25x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.16 | +0.010% | $1.0M | $552K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.12 | −0.026% | $45K | $885K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.13 | −0.017% | $5.6M | $39.0M | 40x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.17 | +0.013% | $15.9M | $116.2M | 20x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.09 | −0.051% | $361.1M | $1.55B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.09 | −0.051% | $223K | $758K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.20 | +0.045% | $1.2M | $8.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.35 | +0.169% | $127.4M | $14.3M | 20x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.17 | +0.014% | $134.4M | $226.4M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 117.11 | −0.037% | — | $333.4M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.21 | +0.051% | $23.2M | $35.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.28 | +0.107% | $25.1M | $99.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.28 | +0.108% | $94.2M | $374.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.24 | +0.077% | $48.0M | $25.6M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.25 | +0.085% | $1.3M | $10.2M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.12 | −0.026% | $323K | $2.7M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.16 | +0.012% | $284K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.12 | −0.026% | $25K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.14 | −0.013% | $190K | $1.4M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 117.10 | −0.041% | $226.5M | $40.9M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.18 | +0.026% | $45.5M | $99.4M | 50x | as long as short |
| dYdX SOL-USD | +0.0102% | 1h | 117.12 | −0.025% | $9.3M | $17.9M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.11 | −0.038% | $8.5M | $33.1M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.17 | +0.014% | — | $210.5M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0199% | 1h | 117.09 | −0.053% | $1.1M | $92K | 25x | as long as short |
| BloFin SOL-USDT | +0.0201% | 8h | 117.20 | +0.043% | $51.6M | $57.1M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0206% | 1h | 116.85 | −0.256% | $4K | $117 | 12x | as long as short |
| Hyperliquid SOL | +0.0227% | 1h | 117.32 | +0.145% | $723.1M | $365.1M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0171% | 1h | 117.19 | +0.031% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0250% | 1h | 117.18 | +0.028% | $2.2M | $4.4M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0384% | 1h | 117.28 | +0.112% | $25K | $48K | 20x | as long as short |
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
ApeX Omni SOLUSDT
Orderly PERP_SOL_USDC
01 Exchange SOLUSD
Phoenix SOL
Binance SOLUSDT
Aevo SOL-PERP
Kraken Futures PF_SOLUSD
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Pacifica SOL
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
KuCoin SOLUSDTM
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
dYdX SOL-USD
Extended SOL-USD
Jupiter Perps SOL-PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
Injective SOL/USDC PERP
Hyperliquid SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD