Funding you earn now, next payment 04:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.14 per $10,000 · paid last 24h −0.035%
Price spread now: Derive against Ondo Perps+0.040%7-day average −0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)−0.254%−$25 · spread now +0.040%, 7d avg −0.011%
=Together, before fees−0.313%+ Points / potential airdropOndo Perps: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Derive is 0.050% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.011%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.059% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SOL-USD.P | 116.66 | 0.0100 | pay 0.0013% / 1h | 43m 58s | $232K | $848K | 10x |
| Short | Derive SOL-PERP | 116.71 | −0.0016 | pay 0.0002% / 1h | 43m 58s | $1.9M | $2.8M | 13x |
Ondo Perps SOL-USD.P
Derive SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Ondo Perps. 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
- −$24.34
- Price spread: +0.040% → −0.011%
- $5.04
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$30.3
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Ondo Perps and 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest SOL-PERP | −0.0088% | 1h | 116.67 | +0.005% | — | $602K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.65 | −0.009% | $912 | $8K | 25x | as long as short |
| Hibachi SOL/USDT-P | −0.0048% | 1h | 116.63 | −0.023% | $103K | $700K | 20x | as long as short |
| Derive SOL-PERPshort | −0.0016% | 1h | 116.71 | +0.040% | $1.9M | $2.8M | 13x | |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.79 | +0.111% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.71 | +0.043% | $1.4M | $18.7M | 3.1x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 116.71 | +0.043% | $4.4M | $24.2M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0032% | 1h | 116.78 | +0.103% | $100K | $169K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.79 | +0.109% | $7.6M | $404.9M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.79 | +0.115% | $31.1M | $100.3M | 100x | as long as short |
Vest SOL-PERP
Hotstuff SOL-PERP
Hibachi SOL/USDT-P
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
dYdX SOL-USD
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.80 | +0.123% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.78 | +0.103% | $13.1M | $59.7M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.78 | +0.106% | $2.2M | $16.7M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.78 | +0.100% | $342K | $236K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0098% | 8h | 116.70 | +0.034% | $50K | $866K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0099% | 1h | 116.82 | +0.141% | $26.3M | $25.3M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.78 | +0.103% | $989K | $534K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.70 | +0.032% | $5.5M | $39.4M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.86 | +0.171% | $707.2M | $395.6M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.76 | +0.087% | $175.5M | $182.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.77 | +0.092% | $15.7M | $129.8M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.75 | +0.080% | $966.5M | $3.77B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.69 | +0.027% | $789.0M | $1.33B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.74 | +0.069% | $366.9M | $1.67B | 100x | as long as short |
| Ondo Perps SOL-USD.Plong | +0.0100% | 1h | 116.66 | long leg | $232K | $848K | 10x | |
| Arcus SOL-USD | +0.0100% | 1h | 116.59 | −0.059% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.65 | −0.009% | $133.5M | $20.6M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.79 | +0.111% | $846.9M | $655.5M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.80 | +0.120% | $419.3M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.75 | +0.079% | $126.4M | $216.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.70 | +0.033% | $479.3M | $441.1M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.78 | +0.101% | — | $365.1M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.79 | +0.111% | $23.3M | $37.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.49 | −0.143% | $24.4M | $114.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.46 | −0.168% | $93.5M | $398.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.48 | −0.153% | $47.6M | $29.4M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.58 | −0.072% | $1.2M | $6.5M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.62 | −0.034% | $1.3M | $13.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.75 | +0.077% | $322K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.77 | +0.097% | $148K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.74 | +0.072% | $25K | $29K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.77 | +0.094% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.78 | +0.103% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.70 | +0.037% | $226.5M | $46.4M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.74 | +0.069% | $45.6M | $101.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.68 | +0.017% | $7.9M | $36.6M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.77 | +0.090% | — | $228.4M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 116.56 | −0.086% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.52 | −0.120% | $6.5M | $13.4M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.73 | +0.056% | $1.1M | $539K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.63 | −0.026% | $51.7M | $71.9M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.79 | +0.111% | $3.5M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.75 | +0.073% | $141K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0497% | 1h | 116.69 | +0.025% | $25K | $51K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.82 | +0.136% | $1.9M | $4.9M | 20x | as long as short |
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Deribit SOL_USDC-PERPETUAL
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDT
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
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
Injective SOL/USDC PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
Aftermath Perps SOLUSD
RISEx SOL/USDC