SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0110%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.034%

Price spread now: Derive against Bullet−0.026%7-day average −0.031% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.053%−$5 on $10k

Price spread, last 4 days (all we have)−0.330%−$33 · spread now −0.026%, 7d avg −0.031%

Together, before fees−0.384%−$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SOL-USD	117.42	0.0100	pay 0.0013% / 1h	35m 32s	$199K	$1.6M	20x
Short	Derive SOL-PERP	117.39	−0.0010	pay 0.0001% / 1h	35m 32s	$1.9M	$2.9M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Bullet. 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

Position, each leg$Hold fordaysFee BulletbpFee DerivebpOrdersPrice spread, now −0.026%Rate

Funding earned: −$23.15
Price spread: −0.026% → −0.031%: $0.45
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Derive: 3 bp × 2 orders: −$6
Net: −$36.7
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Bullet: live order book, 4 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 Bullet live order book, 4 min ago	0.34 bp	5.7 bp −$6	8.7 bp −$87	doesn't fit	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	117.44	+0.011%	$918	$8K	25x	as long as short
Vest SOL-PERP	−0.0061%	1h	117.39	−0.031%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.49	+0.054%	$31.6M	$98.4M	100x	as long as short
Derive SOL-PERPshort	−0.0010%	1h	117.39	−0.026%	$1.9M	$2.9M	13x
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.45	+0.024%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.43	+0.004%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.39	−0.026%	$1.4M	$19.4M	3.1x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	117.44	+0.015%	$100K	$163K	20x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	117.32	−0.084%	$102K	$693K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.53	+0.093%	$8.0M	$403.6M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0071%	1h	117.51	+0.079%	$26.4M	$24.9M	50x	as long as short
HTX SOL-USDT	+0.0073%	8h	117.30	−0.101%	$227.9M	$45.5M	75x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.39	−0.029%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0089%	8h	117.47	+0.042%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.39	−0.026%	$13.1M	$59.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.37	−0.042%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.46	+0.031%	$344K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.38	−0.036%	$65K	$839K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.42	+0.001%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.37	−0.040%	$5.8M	$39.1M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.42	−0.002%	$176.8M	$178.8M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.42	−0.001%	$14.5M	$128.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.43	+0.007%	$965.9M	$3.72B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.46	+0.032%	$823.4M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.47	+0.041%	$365.9M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.41	−0.010%	$237K	$848K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.43	+0.004%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.44	+0.017%	$135.1M	$16.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.40	−0.019%	$858.0M	$648.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.40	−0.019%	$426.4M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.39	−0.031%	$129.7M	$212.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.47	+0.037%	$486.8M	$432.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.46	+0.032%	$23.6M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.44	+0.017%	$24.3M	$116.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.14	−0.239%	$94.1M	$399.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.35	−0.066%	$48.1M	$28.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.23	−0.161%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.38	−0.036%	$1.3M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.47	+0.041%	$352K	$2.4M	20x	as long as short
Bullet SOL-USDlong	+0.0100%	1h	117.42	long leg	$199K	$1.6M	20x
Bluefin SOL-PERP	+0.0100%	1h	117.44	+0.020%	$25K	$28K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.43	+0.007%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.47	+0.041%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.48	+0.049%	$45.7M	$100.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.38	−0.038%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.37	−0.044%	—	$218.9M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.38	−0.036%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.50	+0.069%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0166%	1h	117.50	+0.066%	$717.8M	$392.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.46	+0.032%	$1.1M	$526K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.38	−0.036%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.36	−0.053%	$51.7M	$71.0M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.43	+0.003%	$127K	$3.8M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.43	+0.009%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0388%	1h	117.37	−0.040%	$25K	$51K	20x	as long as short