SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.182%

Price spread now: Deribit against Injective−0.021%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.021% cheaper against Injective than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SOL/USDC PERP	119.60	0.0170	pay 0.0021% / 1h	49m 14s	$4K	$2K	12x
Short	Deribit SOL_USDC-PERPETUAL	119.57	0.0080	get 0.0010% / 1h	49m 14s	$26.7M	$26.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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 InjectivebpFee DeribitbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$18.88
Price spread: −0.021% → 0.000%: −$2.11
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$28
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Deribit: 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 Injective no order-book sample	—	—	—	—	—
Sell Deribit live order book, 5 min ago	1.04 bp	5.7 bp −$6	6.3 bp −$63	23.9 bp −$2,389	doesn't fit

Injective: 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
Hotstuff SOL-PERP	−0.0080%	1h	119.55	−0.038%	$848	$8K	25x	as long as short
Derive SOL-PERP	−0.0073%	1h	119.41	−0.157%	$2.0M	$2.8M	13x	as long as short
Vest SOL-PERP	−0.0066%	1h	119.51	−0.077%	—	$723K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.55	−0.042%	$113K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	119.61	+0.011%	$4.9M	$27.2M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.52	−0.070%	$1.3M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.57	−0.027%	$177K	$4.0M	8.3x	as long as short
ApeX Omni SOLUSDT	+0.0060%	1h	119.63	+0.025%	$1.5M	$6.2M	50x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	119.58	−0.017%	$104K	$157K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0071%	8h	119.50	−0.085%	$1.1M	$5.9M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SOL-USDT	+0.0080%	8h	119.54	−0.051%	—	$372.0M	—	as long as short
Deribit SOL_USDC-PERPETUALshort	+0.0080%	1h	119.57	−0.021%	$26.7M	$26.0M	50x
Gate SOL_USDT	+0.0089%	8h	119.52	−0.067%	$870.9M	$674.4M	100x	as long as short
HTX SOL-USDT	+0.0090%	8h	119.43	−0.141%	$232.3M	$45.0M	75x	as long as short
Lighter SOL	+0.0096%	1h	119.53	−0.061%	$13.7M	$55.5M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.50	−0.081%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.49	−0.092%	$354K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.56	−0.032%	$8.2M	$418.5M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.52	−0.070%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.55	−0.042%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.57	−0.022%	$6.1M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.64	+0.036%	$725.0M	$410.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.51	−0.074%	$178.9M	$175.3M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.60	0.000%	$12.4M	$120.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.51	−0.075%	$986.2M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.54	−0.050%	$831.5M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.50	−0.084%	$373.2M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.66	+0.050%	$234K	$875K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.58	−0.016%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.65	+0.042%	$134.3M	$6.6M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.54	−0.050%	$447.1M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.54	−0.050%	$139.6M	$203.7M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.50	−0.083%	$497.7M	$456.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.54	−0.050%	$24.2M	$37.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.65	+0.042%	$27.4M	$128.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.66	+0.048%	$96.1M	$402.2M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.63	+0.029%	$49.0M	$31.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.62	+0.017%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.54	−0.050%	$370K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.54	−0.054%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.50	−0.081%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.53	−0.056%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.52	−0.067%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.56	−0.033%	$46.7M	$102.6M	50x	as long as short
Aftermath Perps SOLUSD	+0.0100%	1h	119.60	+0.001%	$24K	$47K	20x	as long as short
Phoenix SOL	+0.0100%	1h	119.62	+0.017%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	119.49	−0.093%	$8.7M	$35.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0104%	1h	119.69	+0.079%	$122K	$639K	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	119.57	−0.023%	$32.7M	$97.0M	100x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.56	−0.038%	—	$224.7M	500x	as long as short
Injective SOL/USDC PERPlong	+0.0170%	1h	119.60	long leg	$4K	$2K	12x
Reya SOLRUSDPERP	+0.0183%	1h	119.52	−0.068%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.52	−0.067%	$52.0M	$84.4M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.58	−0.019%	$1.7M	$5.2M	20x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0241% / S −0.0181%	1h	119.55	−0.039%	$3.8M	—	200x	as long as short