SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.010%

Price spread now: gTrade (Gains Network) against Deribit−0.068%7-day average −0.019% · 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−$284as in the Price arb table

costs, in and out, $10k−$2802.796% of the position

Long on Deribit Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.021%−$2 on $10k

Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.068%, 7d avg −0.019%

Together, before fees+0.129%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.049% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SOL_USDC-PERPETUAL	118.63	0.0032	pay 0.0004% / 1h	24m 50s	$26.6M	$26.0M	50x
Short	gTrade (Gains Network) SOL/USD	118.55	L −0.0006% / S +0.0004%	pay 0.0001% / 1h	24m 50s	$112K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.068%Rate

Funding earned: −$7.73
Price spread: −0.068% → −0.019%: −$4.92
Slippage, 4 orders: −$262.55
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$292.2
Costs to cover: 2.796%
Break-even: never at this rate

Slippage from Deribit: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 64 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, 4 min ago	0.04 bp	4.2 bp −$4	4.6 bp −$46	16.6 bp −$1,660	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 64 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	749.7 bp −$75.0K	6455.7 bp −$3.23M

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	118.62	−0.005%	$841	$8K	25x	as long as short
Vest SOL-PERP	−0.0075%	1h	118.49	−0.120%	—	$723K	20x	as long as short
Derive SOL-PERP	−0.0069%	1h	118.48	−0.129%	$2.0M	$2.8M	13x	as long as short
dYdX SOL-USD	−0.0015%	1h	118.43	−0.169%	$4.8M	$28.0M	20x	as long as short
gTrade (Gains Network) SOL/USDshort	L −0.0006% / S +0.0004%	1h	118.55	−0.068%	$112K	—	150x
Kalshi KXSOLPERP	0.0000%	8h	118.61	−0.018%	$1.3M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.51	−0.103%	$175K	$4.0M	8.3x	as long as short
ApeX Omni SOLUSDT	+0.0019%	1h	118.84	+0.177%	$1.5M	$6.2M	50x	as long as short
Deribit SOL_USDC-PERPETUALlong	+0.0032%	1h	118.63	long leg	$26.6M	$26.0M	50x
Orderly PERP_SOL_USDC	+0.0075%	8h	118.55	−0.067%	$1.0M	$5.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0080%	1h	118.49	−0.118%	$103K	$158K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.48	−0.125%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0081%	8h	118.50	−0.109%	$860.3M	$681.7M	100x	as long as short
HTX SOL-USDT	+0.0084%	8h	118.44	−0.161%	$230.6M	$45.1M	75x	as long as short
Lighter SOL	+0.0096%	1h	118.56	−0.057%	$13.4M	$56.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.56	−0.061%	$2.2M	$17.0M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	118.72	+0.079%	$119K	$629K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.54	−0.078%	$351K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.58	−0.039%	$8.1M	$415.3M	50x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	118.43	−0.169%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.38	−0.211%	$45K	$798K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.49	−0.114%	$5.7M	$40.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.61	−0.020%	$717.7M	$408.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.51	−0.101%	$177.5M	$178.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.48	−0.124%	$12.2M	$121.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.53	−0.088%	$978.2M	$3.83B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.53	−0.082%	$822.4M	$1.29B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.49	−0.118%	$368.1M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.38	−0.211%	$232K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.47	−0.132%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.93	+0.254%	$133.7M	$5.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.53	−0.084%	$428.4M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.50	−0.106%	$137.7M	$205.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.48	−0.129%	$491.0M	$460.8M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.55	−0.067%	$24.1M	$38.5M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.69	+0.052%	$27.1M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.84	+0.180%	$95.5M	$400.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.79	+0.132%	$48.6M	$31.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.73	+0.084%	$1.4M	$13.5M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.48	−0.126%	$361K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.53	−0.084%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.53	−0.085%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.51	−0.098%	$192K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.56	−0.059%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.56	−0.059%	$46.3M	$103.0M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.92	+0.245%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.49	−0.114%	$8.7M	$36.1M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0106%	1h	118.59	−0.034%	$32.4M	$97.4M	100x	as long as short
Aftermath Perps SOLUSD	+0.0111%	1h	118.88	+0.207%	$24K	$47K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.66	+0.027%	—	$226.2M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0168% / S −0.0066%	1h	118.54	−0.073%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	118.91	+0.236%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0184%	1h	118.48	−0.129%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.57	−0.050%	$52.2M	$80.4M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	118.45	−0.148%	$1.6M	$5.2M	20x	as long as short