Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0207%/8h= −22.6% APRpaid last 24h −0.037%
Price spread now: Derive against MEXC−0.018%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 3 days (all we have)−0.092%−$9 · spread now −0.018%, 7d avg −0.036%
Together, before fees−0.075%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOL_USDT119.250.0100pay 0.0100% / 8h1h 18m$460.5M$1.12B300x
ShortDerive SOL-PERP119.23−0.0107pay 0.0013% / 1h18m 19s$2.0M$3.0M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$43.42
Price spread: −0.018% → −0.036%
$1.83
Slippage, 4 orders
no order book: not counted
Fee MEXC: 1 bp × 2 orders
−$2
Fee Derive: 3 bp × 2 orders
−$6
Net
−$49.59
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 6 min ago0.42 bp1.4 bp −$11.4 bp −$142.4 bp −$2424.1 bp −$2,036
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0385%1h119.29+0.032%$37K$17K25xas long as short
Derive SOL-PERPshort−0.0107%1h119.23−0.018%$2.0M$3.0M13x
Hotstuff SOL-PERP−0.0080%1h119.28+0.029%$846$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.21−0.034%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.29+0.034%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.31+0.049%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.31+0.050%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.29+0.033%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.31+0.054%$119K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.092%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0065%1h119.31+0.052%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0068%8h119.33+0.065%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.28+0.025%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h119.28+0.023%$10.5Mas long as short
HTX SOL-USDT+0.0081%8h119.250.000%$232.2M$45.0M75xas long as short
Gate SOL_USDT+0.0092%8h119.22−0.025%$870.1M$685.7M100xas long as short
Lighter SOL+0.0096%1h119.30+0.040%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.28+0.024%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.29+0.037%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.23−0.016%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.250.000%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.26+0.006%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.33+0.067%$718.9M$417.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.32+0.059%$178.7M$176.8M100xas long as short
Pacifica SOL+0.0100%1h119.32+0.062%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.31+0.050%$985.4M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.34+0.075%$828.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.30+0.042%$372.7M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.28+0.025%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.31+0.047%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.027%$133.9M$7.8M20xas long as short
MEXC SOL_USDTlong+0.0100%8h119.25long leg$460.5M$1.12B300x
KuCoin SOLUSDTM+0.0100%8h119.250.000%$140.3M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.31+0.050%$495.9M$455.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.27+0.017%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.34+0.076%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.38+0.106%$95.9M$401.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.29+0.034%$48.8M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.36+0.094%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.26+0.008%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.24−0.008%$367K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27+0.013%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.30+0.039%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.32+0.059%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.30+0.042%$46.6M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.29+0.030%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.35+0.083%$8.2M$416.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.29+0.038%$224.1M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0122%1h119.38+0.111%$26.7M$27.7M50xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.33+0.069%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0072%1h119.30+0.042%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.23−0.016%$1.1M$552K25xas long as short
RISEx SOL/USDC+0.0192%1h119.27+0.021%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.109%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.23−0.017%$52.1M$82.8M125xas long as short