Funding you earn now, next payment 09:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.12 per $10,000 · paid last 24h −0.025%
Price spread now: Derive against ApeX Omni+0.205%228s7-day average −0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.256%+$26 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.205%, 7d avg −0.028%
=The price spread pays, funding is against you. Derive is 0.234% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of −0.028%): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.256%, so the current rate has only just turned against you. The two prices were read 228 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SOLUSDT | 116.14 | 0.0100 | pay 0.0013% / 1h | 51m 35s | $1.1M | $6.7M | 50x |
| Short | Derive SOL-PERP | 116.38 | 0.0007 | get 0.0001% / 1h | 51m 35s | $1.9M | $3.0M | 13x |
ApeX Omni SOLUSDT
Derive SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against ApeX Omni. 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
- −$19.57
- Price spread: +0.205% → −0.028%
- $23.36
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$12.21
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 3 min ago | 2.58 bp | 7.6 bp −$8 | 9.9 bp −$99 | 68.4 bp −$6,845 | doesn't fit |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.32 | +0.152% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.30 | +0.138% | $32.3M | $106.8M | 100x | as long as short |
| Vest SOL-PERP | −0.0014% | 1h | 116.34 | +0.167% | — | $636K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.31 | +0.142% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.38 | +0.204% | $4.3M | $23.4M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.34 | +0.172% | $1.4M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.38 | +0.204% | $99K | $3.4M | 8.3x | as long as short |
| Phemex SOLUSDT | 0.0000% | 8h | 116.32 | +0.152% | $45.2M | $103.7M | 50x | as long as short |
| Derive SOL-PERPshort | +0.0007% | 1h | 116.38 | +0.205% | $1.9M | $3.0M | 13x | |
| Bitget SOLUSDT | +0.0025% | 8h | 116.45 | +0.263% | $480.5M | $454.1M | 100x | as long as short |
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
Phemex SOLUSDT
Bitget SOLUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOL_USDC-PERPETUAL | +0.0039% | 1h | 116.34 | +0.169% | $26.2M | $21.9M | 50x | as long as short |
| Gate SOL_USDT | +0.0040% | 8h | 116.33 | +0.161% | $848.0M | $606.3M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 116.30 | +0.134% | $7.8M | $395.7M | 50x | as long as short |
| Bybit SOLUSDT | +0.0046% | 8h | 116.40 | +0.221% | $732.1M | $1.41B | 100x | as long as short |
| Aster SOLUSDT | +0.0054% | 8h | 116.40 | +0.221% | $176.9M | $169.3M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0056% | 1h | 116.41 | +0.231% | $103K | $680K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0069% | 8h | 116.31 | +0.144% | $1.0M | $6.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.40 | +0.224% | $13.1M | $55.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.40 | +0.218% | $2.1M | $14.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.27 | +0.111% | $351K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0097% | 8h | 116.40 | +0.224% | $1.0M | $555K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.43 | +0.247% | $64K | $903K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.35 | +0.178% | $5.4M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.46 | +0.273% | $695.7M | $406.5M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.44 | +0.253% | $15.7M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.40 | +0.221% | $963.0M | $3.85B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.44 | +0.256% | $366.3M | $1.75B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.37 | +0.195% | $219K | $850K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.47 | +0.279% | $920K | $8.5M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.33 | +0.158% | $125.6M | $25.5M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.39 | +0.213% | $369.7M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.45 | +0.268% | $129.8M | $237.2M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.44 | +0.259% | — | $372.8M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.31 | +0.144% | $22.8M | $36.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.26 | +0.097% | $24.8M | $105.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.10 | −0.033% | $93.2M | $404.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.33 | +0.159% | $47.6M | $29.1M | 20x | as long as short |
| ApeX Omni SOLUSDTlong | +0.0100% | 1h | 116.14 | long leg | $1.1M | $6.7M | 50x | |
| StandX SOL-USD | +0.0100% | 1h | 116.35 | +0.178% | $1.3M | $11.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.39 | +0.213% | $318K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.35 | +0.181% | $282K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.32 | +0.151% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.30 | +0.135% | $189K | $1.7M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.27 | +0.109% | $6.1M | $11.0M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.26 | +0.098% | $225.1M | $50.7M | 75x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.42 | +0.240% | $8.2M | $36.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.41 | +0.231% | — | $231.7M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 116.35 | +0.178% | $6.5M | $13.4M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0128% | 1h | 116.39 | +0.213% | $100K | $181K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | +0.170% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0196% | 1h | 116.32 | +0.149% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.37 | +0.195% | $52.5M | $64.4M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.34 | +0.173% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0421% | 1h | 116.35 | +0.183% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.54 | +0.340% | $2.1M | $4.7M | 20x | as long as short |
Deribit SOL_USDC-PERPETUAL
Gate SOL_USDT
Coinbase International SOL-PERP-INTX
Bybit SOLUSDT
Aster SOLUSDT
Hibachi SOL/USDT-P
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
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
SoDEX SOL-USD
HTX SOL-USDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Phoenix SOL
01 Exchange SOLUSD
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC