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 −0.034%
Price spread now: SoDEX against GMX−0.040%7-day average −0.048% · 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)−0.118%−$12 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now −0.040%, 7d avg −0.048%
Together, before fees−0.251%−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SOL/USD [SOL-USDC]119.02L +0.0237% / S −0.0173%pay 0.0030% / 1h29m 57s$3.6M200x
ShortSoDEX SOL-USD118.970.0100get 0.0013% / 1h29m 57s$6.3M$10.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$28.68
Price spread: −0.040% → −0.048%
$0.81
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$47.87
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; SoDEX: live order book, 4 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 SoDEX live order book, 4 min ago0.42 bp4.4 bp −$44.6 bp −$4613.4 bp −$1,343doesn'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
Injective SOL/USDC PERP−0.0151%1h118.89−0.108%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.91−0.089%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0080%1h119.01−0.007%$724K20xas long as short
Hotstuff SOL-PERP−0.0080%1h119.00−0.013%$844$8K25xas long as short
Aftermath Perps SOLUSD−0.0002%1h119.03+0.006%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.020.000%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.08+0.050%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.08+0.050%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.04+0.015%$26.7M$27.6M50xas long as short
dYdX SOL-USD0.0000%1h119.05+0.025%$4.9M$26.9M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.00−0.017%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0062%8h118.98−0.033%$231.8M$43.6M75xas long as short
01 Exchange SOLUSD+0.0064%1h119.10+0.069%$104K$152K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.09+0.060%$122K$600K20xas long as short
ApeX Omni SOLUSDT+0.0067%1h118.91−0.091%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.00−0.015%$10.5Mas long as short
Gate SOL_USDT+0.0083%8h119.03+0.010%$869.2M$681.8M100xas long as short
Lighter SOL+0.0096%1h118.99−0.026%$13.4M$53.8M25xas long as short
Lighter RH SOL+0.0096%1h118.98−0.029%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.96−0.045%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.020.000%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.06+0.035%$46K$781K20xas long as short
Nado SOL-PERP+0.0100%1h119.05+0.030%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.09+0.061%$718.9M$414.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.01−0.004%$179.4M$174.7M100xas long as short
Pacifica SOL+0.0100%1h119.09+0.061%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.03+0.010%$973.0M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.05+0.027%$825.1M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.00−0.015%$370.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.08+0.052%$233K$872K10xas long as short
Arcus SOL-USD+0.0100%1h119.11+0.081%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.03+0.010%$474.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.03+0.013%$142.6M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.02+0.003%$496.8M$448.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.02+0.002%$24.4M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.07+0.043%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.99−0.027%$95.6M$398.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.12+0.086%$48.8M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.08+0.052%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.06+0.035%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00−0.018%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.00−0.018%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.03+0.012%$193K$1.9M30xas long as short
SoDEX SOL-USDshort+0.0100%1h118.97−0.040%$6.3M$10.8M20x
Phemex SOLUSDT+0.0100%8h118.98−0.032%$46.4M$100.0M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.031%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.01−0.003%$8.7M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.01−0.004%$8.1M$414.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.08+0.053%$217.0M500xas long as short
Phoenix SOL+0.0154%1h119.06+0.035%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.10+0.068%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.05+0.024%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h119.05+0.027%$51.7M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.99−0.027%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]longL +0.0237% / S −0.0173%1h119.02long leg$3.6M200x