Funding you earn now, next payment 21:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.038%
Price spread now: Hyperliquid against Vest+0.133%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.087%+$9 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.133%, 7d avg +0.021%
=Together, before fees−0.035%+ Points / potential airdropVest: Active · Hyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.112% dearer against Vest than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SOL-PERP | 118.50 | −0.0096 | get 0.0012% / 1h | 23m 09s | — | $731K | 20x |
| Short | Hyperliquid SOL | 118.66 | 0.0100 | get 0.0013% / 1h | 23m 09s | $715.0M | $438.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Vest. 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
- $41.14
- Price spread: +0.133% → +0.021%
- $11.24
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $41.38
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Hyperliquid: live order book, 6 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 6 min ago | 0.42 bp | 4.9 bp −$5 | 8.1 bp −$81 | 13.1 bp −$1,306 | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest SOL-PERPlong | −0.0096% | 1h | 118.50 | long leg | — | $731K | 20x | |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.54 | +0.030% | $840 | $8K | 25x | as long as short |
| Aftermath Perps SOLUSD | −0.0063% | 1h | 118.82 | +0.267% | $24K | $48K | 20x | as long as short |
| Derive SOL-PERP | −0.0060% | 1h | 118.45 | −0.046% | $2.0M | $3.1M | 13x | as long as short |
| dYdX SOL-USD | −0.0015% | 1h | 118.54 | +0.035% | $4.9M | $26.7M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.51 | +0.009% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.54 | +0.036% | $1.2M | $21.0M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.50 | −0.005% | $194K | $4.1M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0015% | 1h | 118.58 | +0.062% | $26.6M | $27.9M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0024% | 1h | 118.54 | +0.032% | $104K | $154K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0053% | 8h | 118.50 | −0.005% | $230.9M | $43.5M | 75x | as long as short |
| Orderly PERP_SOL_USDC | +0.0054% | 8h | 118.54 | +0.030% | $1.1M | $5.8M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0066% | 8h | 118.50 | −0.005% | $135.4M | $183.7M | 75x | as long as short |
| Gate SOL_USDT | +0.0072% | 8h | 118.52 | +0.015% | $853.8M | $677.4M | 100x | as long as short |
| Bitget SOLUSDT | +0.0083% | 8h | 118.58 | +0.065% | $495.2M | $450.2M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.52 | +0.013% | $13.4M | $51.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.50 | −0.002% | $2.0M | $17.1M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.54 | +0.029% | $352K | $749K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 118.47 | −0.026% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.52 | +0.015% | $48K | $778K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.50 | −0.001% | $5.3M | $40.6M | 40x | as long as short |
| Hyperliquid SOLshort | +0.0100% | 1h | 118.66 | +0.133% | $715.0M | $438.4M | 20x | |
| Aster SOLUSDT | +0.0100% | 8h | 118.53 | +0.024% | $179.1M | $173.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.54 | +0.033% | $13.4M | $109.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.53 | +0.024% | $972.7M | $3.73B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.55 | +0.041% | $817.5M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.54 | +0.032% | $364.9M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.38 | −0.103% | $233K | $865K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.53 | +0.019% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.26 | +0.637% | $133.2M | $15.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.53 | +0.024% | $510.7M | $1.07B | 300x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 118.52 | +0.017% | — | $10.4M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.56 | +0.049% | $24.1M | $38.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.98 | +0.401% | $26.0M | $122.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.76 | +0.222% | $95.4M | $392.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.69 | +0.158% | $48.6M | $33.5M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 118.68 | +0.150% | $1.5M | $6.3M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.65 | +0.125% | $1.3M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.54 | +0.032% | $359K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.59 | +0.075% | $200K | $1.8M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.51 | +0.008% | $37K | $14K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.48 | −0.017% | $192K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.51 | +0.007% | $6.2M | $10.9M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.54 | +0.032% | $46.2M | $99.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.50 | −0.004% | $8.7M | $37.2M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0104% | 1h | 118.55 | +0.038% | $8.0M | $408.8M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.63 | +0.105% | — | $217.6M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0131% | 1h | 118.54 | +0.032% | $36.1M | $90.8M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0136% | 1h | 118.62 | +0.096% | $122K | $590K | 20x | as long as short |
| Phoenix SOL | +0.0149% | 1h | 118.79 | +0.243% | $7.3M | $11.3M | 25x | as long as short |
| RISEx SOL/USDC | +0.0160% | 1h | 118.52 | +0.015% | $1.6M | $6.5M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0091% | 1h | 118.51 | +0.004% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 118.53 | +0.023% | $1.1M | $559K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.48 | −0.018% | $51.6M | $89.7M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0533% | 1h | 119.06 | +0.471% | $4K | $2K | 12x | as long as short |
Hyperliquid SOL
Aftermath Perps SOLUSD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSD
HTX SOL-USDT
KuCoin SOLUSDTM
Gate SOL_USDT
Bitget SOLUSDT
Lighter SOL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
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
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
Phoenix SOL
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
BloFin SOL-USDT
Injective SOL/USDC PERP