SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.12 per $10,000 · paid last 24h −0.039%

Price spread now: Derive against StandX−0.076%469s7-day average −0.043% · you buy dearer than you sell

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

Long on StandX Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 4 days (all we have)−0.339%−$34 · spread now −0.076%, 7d avg −0.043%

Together, before fees−0.409%+ Points / potential airdropStandX: Active · farm board−$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Derive is 0.033% cheaper against StandX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.043%). Swap the legs. The two prices were read 469 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	116.47	0.0100	pay 0.0013% / 1h	49m 15s	$1.3M	$11.0M	30x
Short	Derive SOL-PERP	116.38	0.0007	get 0.0001% / 1h	49m 15s	$1.9M	$3.0M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against StandX. 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 StandXbpFee DerivebpOrdersPrice spread, now −0.076%Rate

Funding earned: −$19.57
Price spread: −0.076% → −0.043%: −$3.31
Slippage, 4 orders: no order book: not counted
Fee StandX: 4 bp × 2 orders: −$8
Fee Derive: 3 bp × 2 orders: −$6
Net: −$36.87
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: StandX: live order book, 5 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 StandX live order book, 5 min ago	4.30 bp	10.9 bp −$11	12.7 bp −$127	27.6 bp −$2,758	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
Phemex SOLUSDT	−0.0233%	8h	116.44	−0.026%	$45.3M	$103.5M	50x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.47	+0.001%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0057%	1h	116.48	+0.012%	$32.3M	$106.5M	100x	as long as short
Vest SOL-PERP	−0.0012%	1h	116.44	−0.024%	—	$636K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.48	+0.011%	$42K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	116.48	+0.009%	$4.3M	$23.4M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.44	−0.025%	$1.4M	$19.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.46	−0.009%	$99K	$3.4M	8.3x	as long as short
Derive SOL-PERPshort	+0.0007%	1h	116.38	−0.076%	$1.9M	$3.0M	13x
Bitget SOLUSDT	+0.0026%	8h	116.44	−0.026%	$480.2M	$453.8M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.48	+0.011%	$7.8M	$395.7M	50x	as long as short
Aster SOLUSDT	+0.0054%	8h	116.45	−0.017%	$177.2M	$169.3M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0060%	1h	116.52	+0.041%	$26.2M	$21.8M	50x	as long as short
Bybit SOLUSDT	+0.0062%	8h	116.45	−0.020%	$732.4M	$1.41B	100x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	116.52	+0.039%	$103K	$681K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0069%	8h	116.46	−0.006%	$1.0M	$6.0M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.46	−0.012%	$13.1M	$55.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.44	−0.030%	$2.2M	$14.7M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.45	−0.018%	$351K	$255K	20x	as long as short
Paradex SOL-USD-PERP	+0.0097%	8h	116.49	+0.021%	$1.0M	$554K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.44	−0.026%	$64K	$903K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.46	−0.009%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.58	+0.094%	$696.4M	$406.6M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.50	+0.027%	$15.7M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.44	−0.028%	$963.0M	$3.84B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.45	−0.017%	$366.6M	$1.76B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.37	−0.086%	$219K	$850K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.50	+0.022%	$920K	$8.5M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.33	−0.123%	$125.6M	$25.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.48	+0.009%	$848.6M	$607.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.46	−0.009%	$370.5M	$1.05B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.47	+0.003%	$129.8M	$237.2M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.42	−0.046%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.36	−0.094%	$22.9M	$36.2M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.45	−0.021%	$24.9M	$105.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.30	−0.149%	$93.4M	$405.1M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.39	−0.069%	$47.6M	$29.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.38	−0.077%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USDlong	+0.0100%	1h	116.47	long leg	$1.3M	$11.0M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	116.50	+0.026%	$319K	$2.8M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.47	−0.001%	$283K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.47	+0.002%	$27K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.45	−0.017%	$189K	$1.7M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.45	−0.017%	$6.1M	$11.0M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.45	−0.018%	$225.5M	$50.6M	75x	as long as short
Extended SOL-USD	+0.0104%	1h	116.41	−0.051%	$8.3M	$36.6M	50x	as long as short
01 Exchange SOLUSD	+0.0120%	1h	116.54	+0.060%	$100K	$181K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.39	−0.071%	—	$231.3M	500x	as long as short
Phoenix SOL	+0.0124%	1h	116.45	−0.017%	$6.5M	$13.4M	25x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−0.112%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.42	−0.039%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.46	−0.009%	$52.2M	$64.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.48	+0.004%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0416%	1h	116.41	−0.048%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	116.55	+0.065%	$2.1M	$4.8M	20x	as long as short