SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0208%/8h= −22.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.037%

Price spread now: Derive against Extended−0.142%7-day average +0.002% · you buy dearer than you sell

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

Long on Extended Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.142%, 7d avg +0.002%

Together, before fees−0.052%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Derive is 0.144% cheaper against Extended than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.002%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SOL-USD	119.27	0.0104	pay 0.0013% / 1h	27m 38s	$8.7M	$37.0M	50x
Short	Derive SOL-PERP	119.10	−0.0104	pay 0.0013% / 1h	27m 38s	$2.0M	$3.2M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Extended. 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 ExtendedbpFee DerivebpOrdersPrice spread, now −0.142%Rate

Funding earned: −$43.75
Price spread: −0.142% → +0.002%: −$14.43
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Derive: 3 bp × 2 orders: −$6
Net: −$69.17
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 1 min ago; Derive: 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 Extended live order book, 1 min ago	0.42 bp	3.3 bp −$3	4.4 bp −$44	8.3 bp −$835	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

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
Injective SOL/USDC PERP	−0.0151%	1h	119.15	−0.099%	$4K	$2K	12x	as long as short
Derive SOL-PERPshort	−0.0104%	1h	119.10	−0.142%	$2.0M	$3.2M	13x
Hotstuff SOL-PERP	−0.0080%	1h	119.27	+0.002%	$846	$8K	25x	as long as short
Vest SOL-PERP	−0.0078%	1h	119.22	−0.044%	—	$724K	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.19	−0.067%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.20	−0.055%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.20	−0.058%	$180K	$4.0M	8.3x	as long as short
dYdX SOL-USD	0.0000%	1h	119.32	+0.040%	$4.9M	$26.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0006%	1h	119.06	−0.172%	$24K	$47K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0052%	1h	119.24	−0.025%	$26.7M	$27.6M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0060%	8h	119.19	−0.065%	$1.1M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0061%	8h	119.03	−0.197%	$231.9M	$43.6M	75x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.12	−0.125%	$123K	$600K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.32	+0.044%	$104K	$152K	20x	as long as short
ApeX Omni SOLUSDT	+0.0074%	1h	119.04	−0.191%	$1.5M	$6.2M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.27	+0.001%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0085%	8h	119.27	+0.002%	$871.0M	$682.3M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.28	+0.008%	$13.6M	$54.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.27	+0.004%	$2.1M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.16	−0.091%	$354K	$741K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.27	−0.001%	$1.0M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.28	+0.010%	$45K	$783K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.29	+0.014%	$6.4M	$41.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.37	+0.085%	$720.3M	$415.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.28	+0.010%	$179.8M	$174.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.31	+0.033%	$12.4M	$114.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.30	+0.024%	$975.2M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.32	+0.046%	$827.9M	$1.26B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.27	+0.002%	$371.3M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.18	−0.074%	$233K	$873K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.34	+0.060%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.29	+0.018%	$475.2M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.29	+0.019%	$142.9M	$196.3M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.28	+0.013%	$498.2M	$448.6M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.23	−0.032%	$24.4M	$38.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.07	−0.166%	$27.5M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.01	−0.214%	$95.6M	$398.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.06	−0.170%	$48.7M	$33.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.14	−0.107%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.29	+0.018%	$366K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.16	−0.089%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.18	−0.071%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.16	−0.093%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.17	−0.082%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.16	−0.091%	$46.6M	$100.2M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.98	−0.240%	$133.4M	$11.1M	20x	as long as short
Extended SOL-USDlong	+0.0104%	1h	119.27	long leg	$8.7M	$37.0M	50x
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.22	−0.043%	$8.1M	$415.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.19	−0.065%	—	$217.0M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.04	−0.191%	$6.7M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.32	+0.045%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.28	+0.010%	$1.1M	$557K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.11	−0.133%	$51.7M	$87.0M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.19	−0.066%	$36.0M	$89.4M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0173%	1h	119.18	−0.070%	$3.6M	—	200x	as long as short