Funding you earn now, next payment 23:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h +0.159%
Price spread now: Injective against Bybit−0.060%78s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.060% cheaper against Bybit than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 42 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.104% in total) that is about 4.0 days. The two prices were read 78 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 | Bybit SOLUSDT | 119.20 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $823.7M | $1.28B | 100x |
| Short | Injective SOL/USDC PERP | 119.13 | 0.0213 | get 0.0027% / 1h | 30m 07s | $4K | $2K | 12x |
Bybit SOLUSDT
Injective SOL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- $23.81
- Price spread: −0.060% → 0.000%
- −$5.96
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $6.83
- Costs to cover
- 0.110%
- Break-even
- 5.0 days
Slippage unknown: Bybit: live order book, 4 min ago; Injective: 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 Bybit live order book, 4 min ago | 0.42 bp | 5.9 bp −$6 | 7.2 bp −$72 | 11.6 bp −$1,164 | 19.5 bp −$9,753 |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0149% | 1h | 119.11 | −0.080% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0091% | 1h | 119.04 | −0.136% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.11 | −0.076% | $844 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0060% | 1h | 119.07 | −0.107% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.09 | −0.092% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.13 | −0.060% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.14 | −0.047% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.12 | −0.071% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0024% | 1h | 119.27 | +0.058% | $120K | $611K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.36 | +0.133% | $6.6M | $13.6M | 25x | as long as short |
Bluefin SOL-PERP
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Hibachi SOL/USDT-P
Phoenix SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0067% | 8h | 119.14 | −0.050% | $1.1M | $5.9M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0075% | 1h | 119.36 | +0.137% | $24K | $47K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.09 | −0.094% | — | $10.5M | — | as long as short |
| Gate SOL_USDT | +0.0082% | 8h | 119.12 | −0.068% | $868.5M | $682.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0084% | 8h | 119.05 | −0.128% | $231.8M | $44.9M | 75x | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 119.07 | −0.110% | $104K | $153K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.13 | −0.060% | $13.6M | $55.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.11 | −0.079% | $2.1M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.11 | −0.079% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.07 | −0.108% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.05 | −0.127% | $47K | $794K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.09 | −0.089% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.21 | +0.008% | $717.6M | $416.2M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.16 | −0.034% | $178.4M | $176.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.14 | −0.051% | $12.4M | $117.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.18 | −0.018% | $985.8M | $3.80B | 100x | as long as short |
| Bybit SOLUSDTlong | +0.0100% | 8h | 119.20 | long leg | $823.7M | $1.28B | 100x | |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.21 | +0.008% | $370.8M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.08 | −0.102% | $233K | $885K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.14 | −0.050% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.16 | −0.038% | $133.7M | $8.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.11 | −0.076% | $450.8M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.13 | −0.056% | $141.0M | $200.8M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.21 | +0.008% | $495.0M | $455.6M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.13 | −0.060% | $24.1M | $38.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.26 | +0.050% | $27.9M | $128.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.40 | +0.168% | $95.9M | $399.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.40 | +0.163% | $48.9M | $31.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.40 | +0.164% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.29 | +0.075% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.07 | −0.110% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.11 | −0.076% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.10 | −0.088% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.13 | −0.060% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.14 | −0.051% | $46.5M | $102.0M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.19 | −0.010% | $8.7M | $36.2M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.17 | −0.024% | $8.2M | $415.1M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0115% | 1h | 119.18 | −0.014% | $26.7M | $27.6M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.11 | −0.080% | — | $223.2M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.15 | −0.042% | $32.6M | $95.8M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0085% | 1h | 119.13 | −0.056% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.07 | −0.106% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.11 | −0.078% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERPshort | +0.0213% | 1h | 119.13 | −0.060% | $4K | $2K | 12x | |
| BloFin SOL-USDT | +0.0220% | 8h | 119.17 | −0.026% | $52.2M | $82.7M | 125x | as long as short |
Orderly PERP_SOL_USDC
Aftermath Perps SOLUSD
BingX SOL-USDC
Gate SOL_USDT
HTX SOL-USDT
01 Exchange SOLUSD
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Deribit SOL_USDC-PERPETUAL
Jupiter Perps SOL-PERP
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
Reya SOLRUSDPERP
RISEx SOL/USDC
BloFin SOL-USDT