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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against GMX−0.052%7-day average −0.075% · 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)−0.111%−$11 on $10k
Price spread, last 3 days (all we have)+0.014%+$1 · spread now −0.052%, 7d avg −0.075%
Together, before fees−0.098%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.024% dearer against GMX than usual: you sell high and buy low (spread −0.052% now, against its 7-day average of −0.075%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SOL/USD [SOL-USDC]119.02L +0.0168% / S −0.0068%pay 0.0021% / 1h32m 04s$3.8M200x
ShortExtended SOL-USD118.960.0104get 0.0013% / 1h32m 04s$8.7M$36.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$13.52
Price spread: −0.052% → −0.075%
$2.36
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$28.16
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago0.42 bp4.5 bp −$55.4 bp −$549.1 bp −$908doesn't fit
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
Hotstuff SOL-PERP−0.0080%1h118.97−0.041%$844$8K25xas long as short
Vest SOL-PERP−0.0075%1h118.95−0.059%$723K20xas long as short
Derive SOL-PERP−0.0073%1h118.91−0.091%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0017%1h119.03+0.009%$4.9M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.03+0.010%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.03+0.008%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.00−0.022%$177K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0027%1h119.03+0.008%$26.6M$26.0M50xas long as short
ApeX Omni SOLUSDT+0.0042%1h119.02−0.001%$1.5M$6.2M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h119.00−0.018%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h119.04+0.015%$104K$158K20xas long as short
BingX SOL-USDC+0.0080%8h118.95−0.058%$10.5Mas long as short
HTX SOL-USDT+0.0087%8h118.94−0.070%$231.5M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h118.99−0.027%$863.9M$679.3M100xas long as short
Lighter SOL+0.0096%1h118.98−0.035%$13.6M$55.8M25xas long as short
Lighter RH SOL+0.0096%1h118.98−0.034%$2.2M$16.9M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h119.03+0.005%$121K$627K20xas long as short
Aevo SOL-PERP+0.0096%1h118.96−0.052%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h119.00−0.016%$8.1M$416.7M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.97−0.046%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.00−0.018%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.00−0.022%$6.1M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.09+0.057%$720.9M$411.9M20xas long as short
Aster SOLUSDT+0.0100%8h118.99−0.027%$178.6M$176.4M100xas long as short
Pacifica SOL+0.0100%1h119.04+0.015%$12.3M$120.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.99−0.027%$983.4M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h119.02−0.001%$825.9M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.98−0.035%$372.4M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.93−0.077%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.04+0.018%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.35+0.276%$134.1M$6.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.00−0.018%$460.2M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.02−0.006%$138.7M$205.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.97−0.047%$493.4M$460.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.02−0.001%$24.3M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.09+0.059%$27.2M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23+0.174%$95.8M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.09+0.057%$48.8M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h119.03+0.007%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.00−0.018%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00−0.015%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.00−0.016%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.99−0.029%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.97−0.043%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.99−0.027%$46.5M$102.7M50xas long as short
Phoenix SOL+0.0100%1h119.08+0.049%$6.6M$13.7M25xas long as short
Aftermath Perps SOLUSD+0.0104%1h119.17+0.124%$24K$47K20xas long as short
Extended SOL-USDshort+0.0104%1h118.96−0.052%$8.7M$36.0M50x
Kraken Futures PF_SOLUSD+0.0105%1h118.98−0.034%$32.6M$97.1M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.99−0.024%$225.4M500xas long as short
GMX SOL/USD [SOL-USDC]longL +0.0168% / S −0.0068%1h119.02long leg$3.8M200x
Injective SOL/USDC PERP+0.0170%1h119.60+0.486%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h118.98−0.033%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h119.00−0.018%$52.2M$81.7M125xas long as short
RISEx SOL/USDC+0.0226%1h119.06+0.028%$1.7M$5.2M20xas long as short