Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h −0.021%
Price spread now: Deribit against Coinbase International+0.048%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.048%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.044% dearer against Coinbase International than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOL-PERP-INTX | 116.29 | 0.0048 | pay 0.0006% / 1h | 1m 32s | $7.6M | $404.4M | 50x |
| Short | Deribit SOL_USDC-PERPETUAL | 116.35 | 0.0152 | get 0.0019% / 1h | 1m 32s | $26.2M | $23.1M | 50x |
Coinbase International SOL-PERP-INTX
Deribit SOL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- $21.75
- Price spread: +0.048% → +0.004%
- $4.43
- Slippage, 4 orders
- −$4.44
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $4.73
- Costs to cover
- 0.214%
- Break-even
- 5.5 days
Slippage from Coinbase International: live order book, 3 min ago; Deribit: live order book, 3 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 Coinbase International live order book, 3 min ago | 0.04 bp | 5.1 bp −$5 | 7.2 bp −$72 | 16.0 bp −$1,595 | doesn't fit |
| Sell Deribit live order book, 3 min ago | 0.22 bp | 4.5 bp −$5 | 5.3 bp −$53 | 14.2 bp −$1,421 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0224% | 1h | 116.50 | +0.177% | $105K | $704K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0194% | 1h | 116.30 | +0.008% | $31.6M | $103.2M | 100x | as long as short |
| Vest SOL-PERP | −0.0113% | 1h | 116.28 | −0.010% | — | $601K | 20x | as long as short |
| Bybit SOLUSDT | −0.0094% | 8h | 116.27 | −0.018% | $746.7M | $1.40B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.32 | +0.024% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0025% | 1h | 116.21 | −0.072% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.27 | −0.015% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.35 | +0.052% | $1.4M | $19.1M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0011% | 1h | 116.31 | +0.016% | $4.4M | $24.2M | 20x | as long as short |
| Coinbase International SOL-PERP-INTXlong | +0.0048% | 1h | 116.29 | long leg | $7.6M | $404.4M | 50x |
Hibachi SOL/USDT-P
Kraken Futures PF_SOLUSD
Vest SOL-PERP
Bybit SOLUSDT
Hotstuff SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
dYdX SOL-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0064% | 1h | 116.35 | +0.051% | $99K | $175K | 20x | as long as short |
| Bullet SOL-USD | +0.0069% | 1h | 116.27 | −0.018% | $146K | $1.6M | 20x | as long as short |
| Bitget SOLUSDT | +0.0085% | 8h | 116.31 | +0.012% | $480.7M | $448.3M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0094% | 8h | 116.28 | −0.007% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.31 | +0.021% | $13.1M | $60.6M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.31 | +0.014% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.29 | 0.000% | $350K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.28 | −0.009% | $60K | $899K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.33 | +0.034% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.32 | +0.026% | $5.3M | $40.4M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.37 | +0.068% | $700.3M | $395.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.31 | +0.016% | $174.2M | $183.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.35 | +0.049% | $15.8M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.33 | +0.034% | $970.1M | $3.84B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.33 | +0.034% | $366.6M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.34 | +0.042% | $214K | $862K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.36 | +0.062% | $917K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.27 | −0.022% | $131.6M | $15.2M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.30 | +0.008% | $858.0M | $672.4M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.31 | +0.016% | $373.6M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.30 | +0.011% | $122.9M | $226.8M | 75x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.32 | +0.025% | — | $365.0M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.27 | −0.018% | $23.0M | $39.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.35 | +0.055% | $25.1M | $114.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.34 | +0.046% | $93.4M | $402.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.43 | +0.120% | $47.6M | $30.9M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.29 | −0.001% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.33 | +0.034% | $1.3M | $11.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.28 | −0.009% | $320K | $2.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.27 | −0.019% | $25K | $32K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.29 | −0.005% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.28 | −0.009% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.30 | +0.007% | $225.4M | $48.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.30 | +0.008% | $45.3M | $103.5M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.28 | −0.010% | $8.3M | $37.9M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.50 | +0.180% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.35 | +0.051% | — | $236.0M | 500x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.57 | +0.240% | $6.5M | $13.8M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUALshort | +0.0152% | 1h | 116.35 | +0.048% | $26.2M | $23.1M | 50x | |
| Reya SOLRUSDPERP | +0.0192% | 1h | 116.27 | −0.021% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.24 | −0.044% | $51.8M | $67.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0179% | 1h | 116.28 | −0.011% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.29 | −0.002% | $116K | $3.7M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 116.41 | +0.099% | $1.9M | $4.8M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0564% | 1h | 116.43 | +0.117% | $25K | $52K | 20x | as long as short |
01 Exchange SOLUSD
Bullet SOL-USD
Bitget SOLUSDT
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
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
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Jupiter Perps SOL-PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
RISEx SOL/USDC
Aftermath Perps SOLUSD