SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.035%

Price spread now: Ondo Perps against Derive+0.054%7-day average +0.011% · you sell dearer than you buy

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

Long on Derive Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.054%, 7d avg +0.011%

Together, before fees+0.107%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Ondo Perps is 0.043% dearer against Derive than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive SOL-PERP	116.27	−0.0025	get 0.0003% / 1h	54m 13s	$1.9M	$2.9M	13x
Short	Ondo Perps SOL-USD.P	116.33	0.0100	get 0.0013% / 1h	54m 13s	$211K	$871K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.054%Rate

Funding earned: $26.31
Price spread: +0.054% → +0.011%: $4.3
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $19.61
Costs to cover: 0.110%
Break-even: 1.8 days

Slippage unknown: Derive: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample	—	—	—	—	—

Derive and Ondo Perps: 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
Kraken Futures PF_SOLUSD	−0.0240%	1h	116.36	+0.083%	$31.6M	$103.1M	100x	as long as short
Hibachi SOL/USDT-P	−0.0232%	1h	116.31	+0.041%	$105K	$705K	20x	as long as short
Vest SOL-PERP	−0.0122%	1h	116.29	+0.019%	—	$601K	20x	as long as short
Bybit SOLUSDT	−0.0105%	8h	116.29	+0.016%	$744.7M	$1.41B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.38	+0.095%	$1K	$8K	25x	as long as short
Derive SOL-PERPlong	−0.0025%	1h	116.27	long leg	$1.9M	$2.9M	13x
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.34	+0.062%	$42K	—	150x	as long as short
01 Exchange SOLUSD	0.0000%	1h	116.32	+0.046%	$99K	$175K	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.48	+0.182%	$1.4M	$19.1M	3.1x	as long as short
dYdX SOL-USD	+0.0005%	1h	116.35	+0.072%	$4.4M	$24.2M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SOL-USD	+0.0044%	1h	116.30	+0.031%	$147K	$1.6M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.35	+0.074%	$7.8M	$405.0M	50x	as long as short
Bitget SOLUSDT	+0.0080%	8h	116.33	+0.056%	$480.5M	$449.3M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	116.35	+0.074%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.35	+0.071%	$13.0M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.34	+0.066%	$2.2M	$16.5M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.34	+0.066%	$350K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.25	−0.015%	$60K	$899K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.37	+0.085%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.34	+0.063%	$5.3M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.41	+0.123%	$698.5M	$393.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.34	+0.061%	$174.3M	$183.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.37	+0.087%	$15.8M	$130.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.35	+0.068%	$969.1M	$3.84B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.34	+0.063%	$366.7M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.Pshort	+0.0100%	1h	116.33	+0.054%	$211K	$871K	10x
Arcus SOL-USD	+0.0100%	1h	116.35	+0.073%	$917K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.27	−0.001%	$131.6M	$15.2M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.32	+0.046%	$849.2M	$657.7M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.35	+0.071%	$362.6M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.34	+0.062%	$123.9M	$227.3M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.33	+0.051%	—	$365.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.35	+0.071%	$22.9M	$40.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.34	+0.067%	$25.0M	$114.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.30	+0.029%	$93.4M	$402.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.44	+0.147%	$47.7M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.45	+0.155%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.34	+0.063%	$1.3M	$11.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.30	+0.028%	$320K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.31	+0.040%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.34	+0.065%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.35	+0.071%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.29	+0.024%	$225.3M	$48.5M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.33	+0.054%	$45.3M	$103.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.30	+0.026%	$8.1M	$38.4M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.34	+0.061%	—	$236.6M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0144%	1h	116.43	+0.136%	$26.2M	$22.9M	50x	as long as short
Phoenix SOL	+0.0151%	1h	116.45	+0.157%	$6.5M	$13.7M	25x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.50	+0.200%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0192%	1h	116.28	+0.012%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.40	+0.114%	$52.1M	$67.2M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0169%	1h	116.32	+0.049%	$3.5M	—	200x	as long as short
Perpl SOL	+0.0335%	43m	116.33	+0.057%	$112K	$3.7M	8.3x	as long as short
RISEx SOL/USDC	+0.0547%	1h	116.36	+0.079%	$1.9M	$4.8M	20x	as long as short
Aftermath Perps SOLUSD	+0.0569%	1h	116.40	+0.114%	$25K	$52K	20x	as long as short