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−0.0137%/8h= −15.0% APRnext payment $0.17 per $10,000 · paid last 24h −0.031%
Price spread now: Ondo Perps against GMX−0.039%7-day average −0.062% · 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)−0.113%−$11 on $10k
Price spread, last 3 days (all we have)+0.081%+$8 · spread now −0.039%, 7d avg −0.062%
Together, before fees−0.032%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.023% dearer against GMX than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.062%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SOL/USD [SOL-USDC]118.97L +0.0237% / S −0.0173%pay 0.0030% / 1h47m 32s$3.5M200x
ShortOndo Perps SOL-USD.P118.920.0100get 0.0013% / 1h47m 32s$233K$865K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$28.69
Price spread: −0.039% → −0.062%
$2.29
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$43.4
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Ondo Perps: 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 GMX no order-book sample
Sell Ondo Perps no order-book sample
GMX and Ondo Perps: 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%1h118.89−0.064%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.89−0.068%$2.0M$3.2M13xas long as short
ApeX Omni SOLUSDT−0.0100%1h118.77−0.163%$1.5M$6.2M50xas long as short
Vest SOL-PERP−0.0081%1h118.83−0.119%$726K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.92−0.038%$843$8K25xas long as short
Aftermath Perps SOLUSD−0.0056%1h118.93−0.035%$24K$48K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.98+0.008%$48K150xas long as short
dYdX SOL-USD0.0000%1h118.98+0.011%$4.9M$26.8M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.87−0.085%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.93−0.027%$180K$4.1M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SOL_USDC-PERPETUAL+0.0026%1h119.02+0.048%$26.7M$27.8M50xas long as short
Orderly PERP_SOL_USDC+0.0057%8h118.97−0.001%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.90−0.056%$105K$152K20xas long as short
HTX SOL-USDT+0.0074%8h118.91−0.047%$231.7M$43.6M75xas long as short
Gate SOL_USDT+0.0084%8h118.89−0.064%$858.5M$676.0M100xas long as short
KuCoin SOLUSDTM+0.0092%8h118.85−0.095%$144.1M$197.3M75xas long as short
Lighter SOL+0.0096%1h118.92−0.036%$13.4M$53.0M25xas long as short
Lighter RH SOL+0.0096%1h118.93−0.031%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.99+0.022%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.89−0.067%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.95−0.014%$46K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.90−0.055%$5.5M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h118.95−0.014%$717.3M$424.4M20xas long as short
Aster SOLUSDT+0.0100%8h118.91−0.049%$179.3M$173.6M100xas long as short
Pacifica SOL+0.0100%1h118.96−0.006%$12.4M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.87−0.085%$971.7M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.89−0.066%$822.2M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.84−0.106%$369.1M$1.70B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h118.92−0.039%$233K$865K10x
Arcus SOL-USD+0.0100%1h118.95−0.011%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88−0.071%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.85−0.098%$467.4M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.86−0.094%$496.1M$448.9M100xas long as short
BingX SOL-USDT+0.0100%8h118.89−0.064%$372.1Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.98+0.011%$24.3M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h118.86−0.093%$28.3M$126.8Mas long as short
edgeX SOLUSDC+0.0100%4h118.79−0.146%$95.4M$396.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.77−0.167%$48.6M$33.1M20xas long as short
StandX SOL-USD+0.0100%1h118.96−0.006%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.86−0.090%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.82−0.122%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.970.000%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.93−0.034%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.96−0.006%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.92−0.039%$46.4M$99.9M50xas long as short
Extended SOL-USD+0.0104%1h118.89−0.066%$8.6M$37.2M50xas long as short
Hibachi SOL/USDT-P+0.0112%1h118.81−0.135%$123K$606K20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0048%1h118.98+0.009%$218.8M500xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.01+0.040%$8.1M$414.3M50xas long as short
Phoenix SOL+0.0154%1h118.99+0.020%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h118.95−0.011%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.86−0.090%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.72−0.207%$51.6M$89.3M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.98+0.013%$36.1M$90.2M100xas long as short
GMX SOL/USD [SOL-USDC]longL +0.0237% / S −0.0173%1h118.97long leg$3.5M200x