Funding you earn now, next payment 09:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.039%
Price spread now: Deribit against Hotstuff+0.030%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.030% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff SOL-PERP | 116.33 | −0.0080 | get 0.0010% / 1h | 56m 05s | $1K | $8K | 25x |
| Short | Deribit SOL_USDC-PERPETUAL | 116.36 | 0.0018 | get 0.0002% / 1h | 56m 05s | $26.2M | $22.0M | 50x |
Hotstuff SOL-PERP
Deribit SOL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Hotstuff. 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
- $20.62
- Price spread: +0.030% → 0.000%
- $2.98
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $11.6
- Costs to cover
- 0.120%
- Break-even
- 3.1 days
Slippage unknown: Hotstuff: no order-book sample; Deribit: live order book, 3 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 3 min ago | 0.39 bp | 4.4 bp −$4 | 5.1 bp −$51 | 17.3 bp −$1,726 | doesn't fit |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOLUSDT | −0.0291% | 8h | 116.24 | −0.077% | $45.2M | $103.9M | 50x | as long as short |
| Hotstuff SOL-PERPlong | −0.0080% | 1h | 116.33 | long leg | $1K | $8K | 25x | |
| Kraken Futures PF_SOLUSD | −0.0057% | 1h | 116.18 | −0.126% | $32.2M | $106.9M | 100x | as long as short |
| Vest SOL-PERP | −0.0018% | 1h | 116.34 | +0.008% | — | $636K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.32 | −0.008% | $42K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.41 | +0.070% | $4.3M | $23.4M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.34 | +0.008% | $1.4M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.39 | +0.056% | $101K | $3.4M | 8.3x | as long as short |
| Derive SOL-PERP | +0.0007% | 1h | 116.38 | +0.045% | $1.9M | $3.0M | 13x | as long as short |
| Deribit SOL_USDC-PERPETUALshort | +0.0018% | 1h | 116.36 | +0.030% | $26.2M | $22.0M | 50x |
Phemex SOLUSDT
Kraken Futures PF_SOLUSD
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
Derive SOL-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOLUSDT | +0.0024% | 8h | 116.05 | −0.239% | $478.9M | $456.4M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0040% | 1h | 116.46 | +0.114% | $103K | $679K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 116.23 | −0.087% | $7.8M | $396.1M | 50x | as long as short |
| Aster SOLUSDT | +0.0054% | 8h | 116.15 | −0.154% | $176.5M | $169.2M | 100x | as long as short |
| Bybit SOLUSDT | +0.0064% | 8h | 116.11 | −0.193% | $730.1M | $1.42B | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0070% | 8h | 116.32 | −0.009% | $1.0M | $6.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.20 | −0.113% | $13.1M | $55.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.18 | −0.125% | $2.1M | $14.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.30 | −0.024% | $351K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0096% | 8h | 116.44 | +0.098% | $1.0M | $554K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.35 | +0.018% | $64K | $903K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.32 | −0.005% | $5.4M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.28 | −0.042% | $694.5M | $409.9M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.47 | +0.119% | $15.7M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.13 | −0.171% | $960.7M | $3.86B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.09 | −0.205% | $365.9M | $1.76B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.41 | +0.070% | $219K | $856K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.41 | +0.065% | $920K | $8.5M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.33 | −0.002% | $125.6M | $25.5M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.26 | −0.059% | $846.3M | $604.9M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.20 | −0.111% | $371.7M | $1.05B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.19 | −0.124% | $129.3M | $237.0M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.17 | −0.137% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.17 | −0.137% | $22.8M | $36.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.15 | −0.154% | $24.8M | $107.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.23 | −0.082% | $93.4M | $404.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.27 | −0.052% | $47.6M | $29.1M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.27 | −0.048% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.42 | +0.078% | $1.3M | $11.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.38 | +0.044% | $318K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.34 | +0.006% | $282K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.32 | −0.009% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.38 | +0.043% | $189K | $1.7M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.17 | −0.137% | $6.1M | $11.0M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.17 | −0.140% | $224.9M | $50.7M | 75x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.26 | −0.055% | $8.2M | $36.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.46 | +0.115% | — | $232.1M | 500x | as long as short |
| 01 Exchange SOLUSD | +0.0128% | 1h | 116.44 | +0.095% | $100K | $181K | 20x | as long as short |
| Phoenix SOL | +0.0130% | 1h | 116.35 | +0.018% | $6.5M | $13.4M | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0179% | 1h | 116.34 | +0.009% | $4K | $124 | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0196% | 1h | 116.29 | −0.031% | $1.1M | $545K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.45 | +0.104% | $52.1M | $64.5M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0231% / S −0.0169% | 1h | 116.31 | −0.015% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0425% | 1h | 116.30 | −0.026% | $25K | $57K | 20x | as long as short |
| RISEx SOL/USDC | +0.0480% | 1h | 116.47 | +0.125% | $2.1M | $4.7M | 20x | as long as short |
Bitget SOLUSDT
Hibachi SOL/USDT-P
Coinbase International SOL-PERP-INTX
Aster SOLUSDT
Bybit SOLUSDT
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
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
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Extended SOL-USD
Jupiter Perps SOL-PERP
01 Exchange SOLUSD
Phoenix SOL
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC