Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.016%
Price spread now: GMX against Arcus−0.079%7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.067%+$7 on $10k
Price spread, last 3 days (all we have)−0.051%−$5 · spread now −0.079%, 7d avg +0.005%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.084% cheaper against Arcus than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.005%). If the spread goes back, that is −$8 on $10k: about 3.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus SOL-USD119.030.0100pay 0.0013% / 1h57m 58s$2.0M$8.9M20x
ShortGMX SOL/USD [SOL-USDC]118.94L +0.0237% / S −0.0178%get 0.0022% / 1h57m 58s$3.5M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Arcus. 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

Funding earned
$16.47
Price spread: −0.079% → +0.005%
−$8.42
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$8.46
Costs to cover
0.165%
Break-even
10.6 days
Slippage unknown: Arcus: live order book, 1 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 1 min ago0.17 bp3.7 bp −$44.5 bp −$45doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SOL/USDC PERP−0.0151%1h118.68−0.294%$4K$2K12xas long as short
Vest SOL-PERP−0.0084%1h118.94−0.076%$731K20xas long as short
Aftermath Perps SOLUSD−0.0083%1h119.05+0.018%$24K$48K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.05+0.013%$844$8K25xas long as short
Derive SOL-PERP−0.0065%1h118.83−0.171%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.94−0.076%$49K150xas long as short
dYdX SOL-USD0.0000%1h119.04+0.009%$4.9M$26.8M20xas long as short
Perpl SOL0.0000%43m119.01−0.018%$191K$4.1M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0017%1h118.95−0.069%$26.7M$27.9M50xas long as short
01 Exchange SOLUSD+0.0048%1h118.98−0.042%$104K$154K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0055%8h118.92−0.097%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0065%8h118.86−0.141%$231.6M$43.8M75xas long as short
SoDEX SOL-USD+0.0067%1h118.87−0.134%$6.2M$10.8M20xas long as short
ApeX Omni SOLUSDT+0.0076%1h119.13+0.083%$1.5M$6.3M50xas long as short
Gate SOL_USDT+0.0079%8h118.89−0.118%$857.8M$672.5M100xas long as short
KuCoin SOLUSDTM+0.0083%8h118.91−0.103%$144.5M$196.5M75xas long as short
Bullet SOL-USD+0.0087%1h118.90−0.109%$199K$1.8M20xas long as short
Lighter SOL+0.0096%1h118.88−0.128%$13.4M$52.6M25xas long as short
Lighter RH SOL+0.0096%1h118.86−0.143%$2.0M$16.5M25xas long as short
Bitget SOLUSDT+0.0096%8h118.90−0.108%$496.0M$452.4M100xas long as short
Aevo SOL-PERP+0.0096%1h118.87−0.133%$353K$746K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h118.98−0.044%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.00−0.025%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h119.05+0.017%$5.6M$40.8M40xas long as short
Hyperliquid SOL+0.0100%1h118.97−0.050%$718.2M$443.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.92−0.089%$179.8M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.06+0.025%$12.4M$113.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.93−0.084%$976.5M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h118.96−0.060%$822.8M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.93−0.084%$367.9M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.16+0.109%$234K$868K10xas long as short
Arcus SOL-USDlong+0.0100%1h119.03long leg$2.0M$8.9M20x
Bulk SOL-USD+0.0100%1h119.09+0.048%$133.4M$13.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.90−0.109%$470.2M$1.07B300xas long as short
BingX SOL-USDT+0.0100%8h118.94−0.080%$372.5Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.88−0.126%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.33+0.249%$27.8M$126.3Mas long as short
edgeX SOLUSDC+0.0100%4h119.09+0.046%$95.6M$395.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.08+0.038%$48.7M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.10+0.059%$1.4M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.96−0.059%$361K$2.4M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.92−0.092%$38K$14K25xas long as short
SunX SOL-USDT+0.0100%8h118.86−0.141%$193K$1.9M30xas long as short
Phemex SOLUSDT+0.0100%8h118.85−0.151%$46.4M$100.1M50xas long as short
Extended SOL-USD+0.0104%1h118.88−0.125%$8.7M$37.4M50xas long as short
Kalshi KXSOLPERP+0.0111%8h119.05+0.021%$1.2M$21.0M3.1xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.92−0.096%$8.0M$414.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.07+0.038%$218.3M500xas long as short
Hibachi SOL/USDT-P+0.0128%1h119.10+0.060%$123K$608K20xas long as short
Phoenix SOL+0.0149%1h119.28+0.210%$7.3M$11.2M25xas long as short
RISEx SOL/USDC+0.0175%1h119.00−0.024%$1.6M$6.4M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.94−0.079%$1.1M$558K25xas long as short
BloFin SOL-USDT+0.0220%8h119.07+0.034%$51.7M$91.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.89−0.117%$36.1M$90.7M100xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0237% / S −0.0178%1h118.94−0.079%$3.5M200x