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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0233%/8h= −25.5% APRnext payment $0.29 per $10,000 · paid last 24h −0.070%
Price spread now: dYdX against GMX+0.113%7-day average −0.027% · you sell dearer than you buy
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)−0.136%−$14 on $10k
Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.113%, 7d avg −0.027%
Together, before fees−0.277%−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.140% dearer against GMX than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of −0.027%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SOL/USD [SOL-USDC]117.80L +0.0233% / S −0.0173%pay 0.0029% / 1h29m 19s$3.6M200x
ShortdYdX SOL-USD117.930get 0.0000% / 1h29m 19s$4.5M$24.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$48.97
Price spread: +0.113% → −0.027%
$14.03
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$56.93
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell dYdX live order book, 5 min ago4.25 bp9.2 bp −$913.5 bp −$13516.3 bp −$1,62729.7 bp −$14.8K
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 54 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
Hotstuff SOL-PERP−0.0080%1h117.76−0.029%$921$8K25xas long as short
Vest SOL-PERP−0.0070%1h117.81+0.011%$607K20xas long as short
Derive SOL-PERP−0.0049%1h117.70−0.086%$2.0M$2.8M13xas long as short
Hibachi SOL/USDT-P−0.0048%1h117.85+0.043%$92K$691K20xas long as short
ApeX Omni SOLUSDT−0.0019%1h117.75−0.040%$1.5M$6.0M50xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.78−0.014%$53K150xas long as short
dYdX SOL-USDshort0.0000%1h117.93+0.113%$4.5M$24.3M20x
Kalshi KXSOLPERP0.0000%8h117.86+0.053%$1.4M$21.2M3.1xas long as short
Perpl SOL0.0000%43m117.92+0.106%$129K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0017%1h117.77−0.027%$26.4M$25.5M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SOL/USDC+0.0018%1h117.87+0.060%$2.0M$4.6M20xas long as short
HTX SOL-USDT+0.0023%8h117.67−0.105%$228.7M$45.5M75xas long as short
Gate SOL_USDT+0.0034%8h117.86+0.054%$854.2M$660.6M100xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.67−0.110%$31.5M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.73−0.058%$8.0M$409.9M50xas long as short
BingX SOL-USDC+0.0080%8h117.78−0.018%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h117.76−0.028%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.72−0.064%$13.0M$59.8M25xas long as short
Lighter RH SOL+0.0096%1h117.69−0.088%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.92+0.105%$103K$160K20xas long as short
Aevo SOL-PERP+0.0096%1h117.73−0.060%$345K$256K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.94+0.120%$1.0M$518K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.84+0.037%$63K$853K20xas long as short
Nado SOL-PERP+0.0100%1h117.90+0.088%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.81+0.014%$177.0M$180.2M100xas long as short
Pacifica SOL+0.0100%1h117.94+0.123%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.74−0.048%$971.5M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h117.78−0.014%$821.0M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.76−0.031%$365.9M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.88+0.071%$238K$893K10xas long as short
Arcus SOL-USD+0.0100%1h117.90+0.088%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h117.55−0.207%$134.7M$14.2M20xas long as short
MEXC SOL_USDT+0.0100%8h117.80+0.003%$423.8M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.83+0.030%$131.5M$210.4M75xas long as short
Bitget SOLUSDT+0.0100%8h117.71−0.076%$487.3M$441.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.91+0.096%$23.8M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h117.72−0.068%$24.4M$125.7Mas long as short
edgeX SOLUSDC+0.0100%4h117.73−0.060%$94.6M$406.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.61−0.159%$48.2M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.84+0.037%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.87+0.062%$358K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.80+0.003%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.78−0.016%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.92+0.102%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.72−0.065%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.74−0.048%$45.8M$101.5M50xas long as short
Hyperliquid SOL+0.0101%1h117.97+0.147%$720.5M$402.1M20xas long as short
Phoenix SOL+0.0101%1h117.98+0.156%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.70−0.080%$8.2M$35.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.90+0.092%$227.1M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.79−0.008%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.342%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]longL +0.0233% / S −0.0173%1h117.80long leg$3.6M200x
Aftermath Perps SOLUSD+0.0318%1h117.79−0.010%$25K$51K20xas long as short