Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Paradex against Bybit−0.004%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.004%, 7d avg −0.001%
=Together, before fees−0.011%+ Points / potential airdropParadex: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOLUSDT | 117.97 | 0.0100 | pay 0.0100% / 8h | 6h 43m | $824.0M | $1.28B | 100x |
| Short | Paradex SOL-USD-PERP | 117.97 | 0.0099 | get 0.0099% / 8h | 6h 43m | $1.0M | $520K | 50x |
Bybit SOLUSDT
Paradex SOL-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$0.13
- Price spread: −0.004% → −0.001%
- −$0.28
- Slippage, 4 orders
- −$4.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$19.81
- Costs to cover
- 0.194%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Paradex: live order book, 1 min ago.
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, 6 min ago | 0.42 bp | 5.9 bp −$6 | 6.5 bp −$65 | 9.6 bp −$964 | 18.6 bp −$9,292 |
| Sell Paradex live order book, 1 min ago | 1.78 bp | 3.8 bp −$4 | 9.0 bp −$90 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOLUSDT | −0.0171% | 1h | 118.09 | +0.098% | $1.5M | $6.1M | 50x | as long as short |
| Hibachi SOL/USDT-P | −0.0088% | 1h | 117.92 | −0.042% | $92K | $707K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.05 | +0.062% | $923 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0077% | 1h | 117.89 | −0.067% | — | $610K | 20x | as long as short |
| HTX SOL-USDT | −0.0033% | 8h | 117.97 | −0.007% | $229.4M | $45.0M | 75x | as long as short |
| Derive SOL-PERP | −0.0022% | 1h | 117.97 | −0.006% | $2.0M | $2.7M | 13x | as long as short |
| Gate SOL_USDT | −0.0003% | 8h | 117.92 | −0.046% | $852.6M | $654.1M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.95 | −0.020% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 118.00 | +0.022% | $4.5M | $25.9M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.92 | −0.049% | $1.5M | $21.4M | 3.1x | as long as short |
ApeX Omni SOLUSDT
Hibachi SOL/USDT-P
Hotstuff SOL-PERP
Vest SOL-PERP
HTX SOL-USDT
Derive SOL-PERP
Gate SOL_USDT
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl SOL | 0.0000% | 43m | 117.97 | −0.007% | $128K | $4.0M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.94 | −0.032% | $2.0M | $4.7M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 118.02 | +0.042% | $31.6M | $98.8M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 118.05 | +0.060% | $7.9M | $412.2M | 50x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 117.90 | −0.065% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0084% | 8h | 118.05 | +0.061% | $1.1M | $5.9M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 118.02 | +0.039% | $103K | $162K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.94 | −0.025% | $13.0M | $59.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.97 | −0.006% | $2.2M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.03 | +0.051% | $346K | $264K | 20x | as long as short |
| Paradex SOL-USD-PERPshort | +0.0099% | 8h | 117.97 | −0.004% | $1.0M | $520K | 50x | |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.95 | −0.020% | $49K | $835K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.92 | −0.050% | $5.7M | $41.6M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.01 | +0.035% | $177.3M | $180.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.00 | +0.020% | $14.1M | $130.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.96 | −0.008% | $978.7M | $3.82B | 100x | as long as short |
| Bybit SOLUSDTlong | +0.0100% | 8h | 117.97 | long leg | $824.0M | $1.28B | 100x | |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.93 | −0.037% | $369.2M | $1.69B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.84 | −0.114% | $239K | $894K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.96 | −0.010% | $2.0M | $9.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.95 | −0.020% | $423.5M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.95 | −0.024% | $133.8M | $208.2M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.93 | −0.037% | $489.5M | $446.3M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.05 | +0.064% | $23.8M | $36.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.01 | +0.028% | $24.4M | $129.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.06 | +0.075% | $94.8M | $404.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.90 | −0.064% | $48.3M | $29.5M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.01 | +0.031% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.92 | −0.046% | $362K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.95 | −0.018% | $200K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.02 | +0.038% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.99 | +0.011% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.04 | +0.056% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.04 | +0.056% | $46.0M | $101.7M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.07 | +0.081% | $135.9M | $13.3M | 20x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.96 | −0.012% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.91 | −0.058% | $8.2M | $35.9M | 50x | as long as short |
| Hyperliquid SOL | +0.0105% | 1h | 118.04 | +0.056% | $719.3M | $403.1M | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0106% | 1h | 118.09 | +0.097% | $26.4M | $25.4M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.90 | −0.067% | — | $228.3M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 117.91 | −0.051% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.04 | +0.056% | $52.1M | $74.3M | 125x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 118.20 | +0.192% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0167% | 1h | 117.99 | +0.014% | $3.7M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0313% | 1h | 118.01 | +0.033% | $25K | $51K | 20x | as long as short |
Perpl SOL
RISEx SOL/USDC
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDC
Orderly PERP_SOL_USDC
01 Exchange SOLUSD
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
Phemex SOLUSDT
Bulk SOL-USD
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Deribit SOL_USDC-PERPETUAL
Jupiter Perps SOL-PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD