Funding you earn now, next payment 00:12 UTC+0.0082%/8h= +9.0% APRpaid last 24h +0.007%
Price spread now: Perpl against Derive+0.140%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.277%−$28 on $10k
+Price spread, last 3 days (all we have)−0.217%−$22 · spread now +0.140%, 7d avg +0.006%
=Together, before fees−0.494%+ Points / potential airdropPerpl: Active · farm board−$49 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 Perpl is 0.134% dearer against Derive than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.277%, 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 | Derive SOL-PERP | 119.08 | −0.0082 | get 0.0010% / 1h | 10m 49s | $2.0M | $2.7M | 13x |
| Short | Perpl SOL | 119.25 | 0 | get 0.0000% / 43m | 32m 49s | $125K | $3.9M | 8.3x |
Derive SOL-PERP
Perpl SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Derive. 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
- $17.3
- Price spread: +0.140% → +0.006%
- $13.37
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $10.87
- Costs to cover
- 0.198%
- Break-even
- 2.6 days
Slippage unknown: Derive: no order-book sample; Perpl: 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 Perpl no order-book sample | — | — | — | — | — |
Derive and Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERPlong | −0.0082% | 1h | 119.08 | long leg | $2.0M | $2.7M | 13x | |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.19 | +0.088% | $932 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0079% | 1h | 119.17 | +0.074% | — | $608K | 20x | as long as short |
| Hibachi SOL/USDT-P | −0.0040% | 1h | 119.30 | +0.180% | $109K | $670K | 20x | as long as short |
| HTX SOL-USDT | −0.0026% | 8h | 119.14 | +0.049% | $231.8M | $44.2M | 75x | as long as short |
| dYdX SOL-USD | −0.0019% | 1h | 119.23 | +0.125% | $4.9M | $25.8M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 119.16 | +0.065% | $32.4M | $97.1M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.19 | +0.087% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.20 | +0.103% | $1.2M | $20.0M | 3.1x | as long as short |
| Perpl SOLshort | 0.0000% | 43m | 119.25 | +0.140% | $125K | $3.9M | 8.3x |
Hotstuff SOL-PERP
Vest SOL-PERP
Hibachi SOL/USDT-P
HTX SOL-USDT
dYdX SOL-USD
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0032% | 1h | 119.23 | +0.124% | $104K | $160K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0055% | 1h | 119.21 | +0.107% | $26.7M | $24.8M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.37 | +0.240% | — | $367.2M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0083% | 8h | 119.19 | +0.087% | $1.0M | $5.9M | 100x | as long as short |
| Bluefin SOL-PERP | +0.0085% | 1h | 119.18 | +0.079% | $37K | $17K | 25x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 119.20 | +0.097% | $8.1M | $409.9M | 50x | as long as short |
| Gate SOL_USDT | +0.0091% | 8h | 119.28 | +0.166% | $856.8M | $672.4M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.16 | +0.067% | $14.0M | $56.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.15 | +0.055% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.15 | +0.056% | $349K | $253K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.25 | +0.143% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.19 | +0.091% | $46K | $799K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.17 | +0.074% | $6.1M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.45 | +0.309% | $731.6M | $399.5M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.21 | +0.106% | $180.2M | $176.6M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.26 | +0.149% | $12.3M | $125.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.36 | +0.234% | $982.8M | $3.73B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.38 | +0.250% | $829.3M | $1.25B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.33 | +0.208% | $373.0M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.09 | +0.007% | $234K | $833K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.20 | +0.098% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.76 | −0.272% | $137.0M | $12.6M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.33 | +0.208% | $434.1M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.33 | +0.211% | $139.2M | $203.6M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.34 | +0.218% | $495.3M | $438.3M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.16 | +0.066% | $24.0M | $36.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.19 | +0.087% | $24.9M | $130.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.20 | +0.099% | $95.7M | $404.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.13 | +0.044% | $48.8M | $29.3M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.26 | +0.150% | $1.5M | $6.0M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.18 | +0.083% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.22 | +0.116% | $361K | $2.3M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.17 | +0.077% | $203K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.20 | +0.101% | $193K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.16 | +0.066% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.18 | +0.083% | $46.7M | $99.5M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.27 | +0.162% | $8.6M | $34.9M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 119.28 | +0.166% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.25 | +0.140% | — | $226.5M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 119.18 | +0.082% | $1.8M | $4.5M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 119.01 | −0.060% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0187% | 1h | 119.20 | +0.098% | $1.1M | $524K | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0219% | 1h | 119.22 | +0.115% | $25K | $51K | 20x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.15 | +0.057% | $51.9M | $74.3M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0167% | 1h | 119.18 | +0.082% | $3.7M | — | 200x | as long as short |
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUAL
BingX SOL-USDT
Orderly PERP_SOL_USDC
Bluefin SOL-PERP
Coinbase International SOL-PERP-INTX
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Phoenix SOL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
Injective SOL/USDC PERP
Reya SOLRUSDPERP
Aftermath Perps SOLUSD
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]