Funding you earn now, next payment 09:00 UTC−0.0102%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.046%
Price spread now: Vest against Backpack−0.056%7-day average −0.102% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.110%−$11 on $10k
+Price spread, last 7 days+0.739%+$74 · spread now −0.056%, 7d avg −0.102%
=Together, before fees+0.629%+ Points / potential airdropVest: Active · farm board+$63 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.046% dearer against Backpack than usual: you sell high and buy low (spread −0.056% now, against its 7-day average of −0.102%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SOL_USDC_PERP | 117.15 | 0.0100 | pay 0.0013% / 1h | 16m 08s | $23.2M | $36.6M | 50x |
| Short | Vest SOL-PERP | 117.08 | −0.0002 | pay 0.0000% / 1h | 16m 08s | — | $516K | 20x |
Backpack SOL_USDC_PERP
Vest SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Backpack. 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
- −$21.35
- Price spread: −0.056% → −0.102%
- $4.59
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$28.76
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 3 min ago; Vest: 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 Backpack live order book, 3 min ago | 0.43 bp | 5.4 bp −$5 | 6.0 bp −$60 | 9.3 bp −$931 | 2006.9 bp −$1.00M |
| Sell Vest no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.06 | −0.073% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0065% | 1h | 115.82 | −1.131% | $1.8M | $2.9M | 13x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 117.19 | +0.032% | $32.6M | $99.8M | 100x | as long as short |
| Bybit SOLUSDT | −0.0044% | 8h | 117.13 | −0.015% | $731.1M | $1.32B | 100x | as long as short |
| Vest SOL-PERPshort | −0.0002% | 1h | 117.08 | −0.056% | — | $516K | 20x | |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.03 | −0.100% | $43K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.19 | +0.038% | $1.3M | $18.2M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.97 | −0.155% | $99K | $3.0M | 8.3x | as long as short |
| Bitget SOLUSDT | +0.0022% | 8h | 117.08 | −0.055% | $483.1M | $425.7M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 117.22 | +0.057% | $7.9M | $386.7M | 50x | as long as short |
Hotstuff SOL-PERP
Derive SOL-PERP
Kraken Futures PF_SOLUSD
Bybit SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Bitget SOLUSDT
Coinbase International SOL-PERP-INTXShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SOLUSDT | +0.0052% | 8h | 117.07 | −0.068% | $177.7M | $165.8M | 100x | as long as short |
| Phemex SOLUSDT | +0.0060% | 8h | 117.16 | +0.009% | $45.5M | $102.7M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0066% | 8h | 117.18 | +0.028% | $1.0M | $5.5M | 100x | as long as short |
| dYdX SOL-USD | +0.0069% | 1h | 117.07 | −0.066% | $8.2M | $22.5M | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0085% | 1h | 117.25 | +0.081% | $26.4M | $20.4M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.18 | +0.023% | $13.3M | $56.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.17 | +0.015% | $2.2M | $14.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.20 | +0.045% | $353K | $240K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 117.04 | −0.095% | $1.0M | $554K | 50x | as long as short |
| SoDEX SOL-USD | +0.0099% | 1h | 117.18 | +0.026% | $6.2M | $11.1M | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.03 | −0.102% | $48K | $857K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.15 | +0.001% | $5.4M | $40.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.25 | +0.085% | $711.2M | $391.9M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.09 | −0.049% | $15.7M | $127.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.08 | −0.061% | $965.8M | $3.67B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.12 | −0.026% | $366.6M | $1.65B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.97 | −0.154% | $219K | $828K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.09 | −0.050% | $944K | $8.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.93 | −0.189% | $126.5M | $25.4M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 117.17 | +0.017% | $850.0M | $622.0M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.16 | +0.009% | $417.2M | $1.07B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.17 | +0.016% | $131.5M | $232.7M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 117.13 | −0.020% | — | $360.9M | — | as long as short |
| Backpack SOL_USDC_PERPlong | +0.0100% | 1h | 117.15 | long leg | $23.2M | $36.6M | 50x | |
| Variational Omni SOL | +0.0100% | 8h | 116.76 | −0.335% | $25.0M | $103.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.78 | −0.318% | $93.8M | $406.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.83 | −0.274% | $47.8M | $27.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.73 | −0.360% | $1.2M | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.93 | −0.188% | $1.3M | $10.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.16 | +0.009% | $322K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.18 | +0.028% | $284K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.20 | +0.044% | $27K | $34K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.20 | +0.046% | $190K | $1.6M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 117.16 | +0.005% | $226.8M | $47.4M | 75x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.14 | −0.006% | $8.4M | $35.1M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0104% | 1h | 117.12 | −0.026% | $101K | $180K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 117.08 | −0.058% | — | $217.4M | 500x | as long as short |
| Phoenix SOL | +0.0124% | 1h | 117.06 | −0.077% | $6.6M | $13.4M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0128% | 1h | 117.01 | −0.123% | $104K | $656K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | −0.691% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0197% | 1h | 116.91 | −0.201% | $1.1M | $541K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.99 | −0.137% | $52.3M | $60.4M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 117.03 | −0.103% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0415% | 1h | 116.78 | −0.315% | $25K | $52K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 117.03 | −0.098% | $2.2M | $4.7M | 20x | as long as short |
Aster SOLUSDT
Phemex SOLUSDT
Orderly PERP_SOL_USDC
dYdX SOL-USD
Deribit SOL_USDC-PERPETUAL
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
SoDEX SOL-USD
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
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDT
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
HTX SOL-USDT
Extended SOL-USD
01 Exchange SOLUSD
Jupiter Perps SOL-PERP
Phoenix SOL
Hibachi SOL/USDT-P
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC