SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h −0.005%

Price spread now: ApeX Omni against Deribit+0.067%74s7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.228% of the position

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.199%−$20 on $10k

Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.067%, 7d avg −0.039%

Together, before fees−0.321%−$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.105% dearer against Deribit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.199%, so the current rate has only just turned in your favour. The two prices were read 74 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	Deribit SOL_USDC-PERPETUAL	117.43	0.0024	pay 0.0003% / 1h	59m 38s	$26.4M	$25.6M	50x
Short	ApeX Omni SOLUSDT	117.51	0.0100	get 0.0013% / 1h	59m 38s	$1.5M	$5.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now +0.067%Rate

Funding earned: $15.9
Price spread: +0.067% → −0.039%: $10.55
Slippage, 4 orders: −$5.84
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $3.61
Costs to cover: 0.228%
Break-even: 5.4 days

Slippage from Deribit: live order book, 5 min ago; ApeX Omni: live order book, 4 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 Deribit live order book, 5 min ago	0.04 bp	5.4 bp −$5	5.8 bp −$58	18.0 bp −$1,797	doesn't fit
Sell ApeX Omni live order book, 4 min ago	0.43 bp	7.3 bp −$7	10.4 bp −$104	71.3 bp −$7,126	doesn't fit

SOL on 54 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	117.59	+0.139%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0058%	1h	117.37	−0.049%	—	$607K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.39	−0.035%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.57	+0.118%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.47	+0.034%	$1.4M	$20.2M	3.1x	as long as short
Derive SOL-PERP	+0.0021%	1h	117.33	−0.089%	$2.0M	$2.8M	13x	as long as short
Deribit SOL_USDC-PERPETUALlong	+0.0024%	1h	117.43	long leg	$26.4M	$25.6M	50x
HTX SOL-USDT	+0.0036%	8h	117.37	−0.049%	$228.1M	$45.4M	75x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	117.58	+0.126%	$100K	$162K	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.39	−0.033%	$31.5M	$98.3M	100x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0064%	1h	117.54	+0.091%	$100K	$690K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.41	−0.019%	$8.0M	$403.7M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.54	+0.091%	—	$10.6M	—	as long as short
Gate SOL_USDT	+0.0083%	8h	117.55	+0.101%	$849.2M	$640.7M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.41	−0.018%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.58	+0.125%	$13.1M	$58.8M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.56	+0.107%	$2.1M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.43	+0.002%	$344K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.56	+0.110%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.52	+0.075%	$67K	$840K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.45	+0.016%	$5.8M	$40.2M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.65	+0.186%	$717.8M	$395.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.51	+0.067%	$176.4M	$177.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.60	+0.144%	$14.5M	$127.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.58	+0.126%	$969.3M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.61	+0.154%	$821.0M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.59	+0.135%	$366.5M	$1.64B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.37	−0.053%	$238K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.59	+0.136%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.58	+0.126%	$423.8M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.59	+0.139%	$130.6M	$211.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.57	+0.119%	$487.3M	$435.0M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.39	−0.036%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.45	+0.019%	$24.3M	$120.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.52	+0.079%	$94.4M	$404.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.43	−0.006%	$48.1M	$28.7M	20x	as long as short
ApeX Omni SOLUSDTshort	+0.0100%	1h	117.51	+0.067%	$1.5M	$5.9M	50x
StandX SOL-USD	+0.0100%	1h	117.48	+0.041%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.41	−0.018%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.40	−0.030%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.40	−0.024%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.37	−0.054%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.40	−0.027%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.40	−0.027%	$45.7M	$100.5M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	+0.020%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.53	+0.084%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.55	+0.098%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.46	+0.024%	—	$221.8M	500x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.60	+0.144%	$1.9M	$4.9M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.38	−0.047%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.45	+0.016%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0174%	1h	117.39	−0.034%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0360%	1h	117.50	+0.056%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.45	+0.015%	$128K	$3.8M	8.3x	as long as short