SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h −0.031%

Price spread now: Bulk against GMX+0.283%7-day average −0.022% · you sell dearer than you buy

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

Long on GMX Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.113%−$11 on $10k

Price spread, last 3 days (all we have)−0.312%−$31 · spread now +0.283%, 7d avg −0.022%

Together, before fees−0.425%−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bulk is 0.305% dearer against GMX than usual: you sell high and buy low (spread +0.283% now, against its 7-day average of −0.022%): +$30 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SOL/USD [SOL-USDC]	119.32	L +0.0171% / S −0.0090%	pay 0.0021% / 1h	12m 56s	$3.6M	—	200x
Short	Bulk SOL-USD	119.66	0.0100	get 0.0013% / 1h	12m 56s	$134.1M	$11.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against GMX. 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 GMXbpFee BulkbpOrdersPrice spread, now +0.283%Rate

Funding earned: −$14.96
Price spread: +0.283% → −0.022%: $30.47
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$3.49
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Bulk: live order book, 1 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 GMX no order-book sample	—	—	—	—	—
Sell Bulk live order book, 1 min ago	4.18 bp	7.7 bp −$8	7.7 bp −$77	9.4 bp −$940	14.7 bp −$7,359

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SOL/USDC PERP	−0.0151%	1h	119.15	−0.142%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.49	+0.142%	$847	$8K	25x	as long as short
Vest SOL-PERP	−0.0071%	1h	119.33	+0.008%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0056%	1h	119.21	−0.089%	$2.0M	$3.1M	13x	as long as short
dYdX SOL-USD	−0.0004%	1h	119.50	+0.152%	$5.0M	$27.1M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.32	0.000%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.32	+0.002%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.31	−0.006%	$179K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.35	+0.024%	$26.8M	$27.7M	50x	as long as short
Aftermath Perps SOLUSD	+0.0035%	1h	119.56	+0.197%	$24K	$47K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0051%	8h	119.22	−0.084%	$232.2M	$44.7M	75x	as long as short
Orderly PERP_SOL_USDC	+0.0062%	8h	119.32	−0.002%	$1.1M	$5.9M	100x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.57	+0.213%	$120K	$622K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.40	+0.067%	$105K	$151K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.33	+0.008%	—	$373.9M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.35	+0.025%	$871.1M	$688.2M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.32	0.000%	$13.6M	$55.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.32	−0.001%	$2.1M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.27	−0.039%	$354K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.41	+0.073%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.40	+0.067%	$49K	$785K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.38	+0.050%	$6.3M	$41.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.44	+0.101%	$721.3M	$414.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.31	−0.011%	$179.6M	$176.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.47	+0.124%	$12.4M	$115.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.32	0.000%	$976.9M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.35	+0.025%	$825.3M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.32	0.000%	$371.6M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.39	+0.059%	$235K	$871K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.49	+0.145%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USDshort	+0.0100%	1h	119.66	+0.283%	$134.1M	$11.3M	20x
MEXC SOL_USDT	+0.0100%	8h	119.32	0.000%	$427.5M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.36	+0.034%	$141.0M	$197.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.33	+0.013%	$497.9M	$453.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.33	+0.008%	$24.3M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.47	+0.125%	$27.4M	$127.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.43	+0.094%	$95.9M	$402.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.56	+0.199%	$49.0M	$33.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.38	+0.054%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.51	+0.159%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.32	0.000%	$365K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.30	−0.015%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.32	−0.002%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.42	+0.080%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.32	0.000%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.35	+0.025%	$46.6M	$101.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.31	−0.012%	$8.7M	$36.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.38	+0.054%	$8.2M	$416.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.57	+0.211%	—	$221.7M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.58	+0.218%	$6.6M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]long	L +0.0171% / S −0.0090%	1h	119.32	long leg	$3.6M	—	200x
RISEx SOL/USDC	+0.0175%	1h	119.41	+0.080%	$1.6M	$6.0M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.31	−0.009%	$1.1M	$558K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.32	0.000%	$52.0M	$86.8M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.37	+0.042%	$35.5M	$91.2M	100x	as long as short