SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.028%

Price spread now: Kraken Futures against Derive+0.070%7-day average +0.034% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.070%, 7d avg +0.034%

Together, before fees+0.005%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.037% dearer against Derive than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive SOL-PERP	116.66	−0.0014	get 0.0002% / 1h	23m 55s	$1.9M	$2.9M	13x
Short	Kraken Futures PF_SOLUSD	116.74	0.0075	get 0.0009% / 1h	23m 55s	$31.1M	$100.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Derive. 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 DerivebpFee Kraken FuturesbpOrdersPrice spread, now +0.070%Rate

Funding earned: $18.81
Price spread: +0.070% → +0.034%: $3.69
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $6.5
Costs to cover: 0.160%
Break-even: 4.6 days

Slippage unknown: Derive: no order-book sample; Kraken Futures: live order book, 5 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 5 min ago	2.14 bp	9.0 bp −$9	11.9 bp −$119	16.4 bp −$1,638	30.5 bp −$15.3K

Derive: 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
Hibachi SOL/USDT-P	−0.0120%	1h	116.81	+0.130%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.69	+0.031%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.81	+0.129%	$913	$8K	25x	as long as short
Derive SOL-PERPlong	−0.0014%	1h	116.66	long leg	$1.9M	$2.9M	13x
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.73	+0.063%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.73	+0.060%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.70	+0.037%	$4.4M	$24.2M	20x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	116.77	+0.098%	$99K	$172K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.76	+0.087%	$7.5M	$405.3M	50x	as long as short
Kraken Futures PF_SOLUSDshort	+0.0075%	1h	116.74	+0.070%	$31.1M	$100.3M	100x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0091%	8h	116.73	+0.066%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.75	+0.081%	$13.1M	$60.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.74	+0.070%	$2.2M	$16.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.72	+0.057%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.68	+0.021%	$51K	$868K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.82	+0.142%	$1.0M	$549K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.74	+0.076%	$5.4M	$39.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.84	+0.158%	$705.2M	$395.5M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.74	+0.075%	$174.9M	$182.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.73	+0.067%	$15.7M	$130.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.72	+0.055%	$969.3M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.66	+0.002%	$783.2M	$1.35B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.71	+0.046%	$369.5M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.71	+0.046%	$231K	$847K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.76	+0.088%	$929K	$9.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.74	+0.072%	$842.8M	$662.1M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.75	+0.081%	$389.7M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.75	+0.076%	$128.0M	$219.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.68	+0.020%	$479.4M	$441.5M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.69	+0.031%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.74	+0.072%	$23.3M	$38.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.61	−0.037%	$24.3M	$113.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.67	+0.011%	$93.7M	$398.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.73	+0.060%	$47.7M	$30.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.75	+0.080%	$1.3M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.80	+0.123%	$1.3M	$12.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.72	+0.055%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.71	+0.049%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.71	+0.044%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.67	+0.014%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.74	+0.072%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.69	+0.029%	$226.4M	$47.1M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.75	+0.081%	$45.6M	$102.1M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.70	+0.038%	$133.2M	$21.0M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.68	+0.020%	$8.3M	$37.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.75	+0.076%	—	$231.0M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0126%	1h	116.77	+0.098%	$26.4M	$25.4M	50x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.73	+0.063%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.83	+0.149%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.71	+0.049%	$1.1M	$540K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.76	+0.089%	$51.7M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0236% / S −0.0181%	1h	116.72	+0.056%	$3.6M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.74	+0.069%	$139K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0524%	1h	116.79	+0.114%	$25K	$50K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.81	+0.133%	$1.9M	$4.9M	20x	as long as short