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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h −0.030%
Price spread now: SunX against GMX−0.025%7-day average −0.056% · 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)−0.115%−$11 on $10k
Price spread, last 3 days (all we have)−0.152%−$15 · spread now −0.025%, 7d avg −0.056%
Together, before fees−0.266%−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.032% dearer against GMX than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.056%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SOL/USD [SOL-USDC]119.29L +0.0171% / S −0.0089%pay 0.0021% / 1h53m 15s$3.6M200x
ShortSunX SOL-USDT119.260.0100get 0.0100% / 8h1h 53m$194K$1.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$14.93
Price spread: −0.025% → −0.056%
$3.15
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$31.78
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; SunX: live order book, 12 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 SunX live order book, 12 min ago3.53 bp22.3 bp −$2236.0 bp −$360doesn't fitdoesn'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
Derive SOL-PERP−0.0094%1h119.17−0.093%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.47+0.152%$847$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.29+0.003%$724K20xas long as short
dYdX SOL-USD−0.0005%1h119.43+0.119%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.29+0.005%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.47+0.158%$1.2M$20.7M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.46+0.148%$120K$625K20xas long as short
Perpl SOL0.0000%43m119.32+0.026%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0013%1h119.31+0.020%$26.8M$27.6M50xas long as short
Phoenix SOL+0.0054%1h119.37+0.070%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0059%1h119.31+0.021%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0065%8h119.28−0.007%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0068%8h119.37+0.074%$232.5M$44.7M75xas long as short
BingX SOL-USDC+0.0080%8h119.33+0.040%$10.5Mas long as short
Gate SOL_USDT+0.0093%8h119.31+0.020%$868.9M$675.4M100xas long as short
Lighter SOL+0.0096%1h119.41+0.106%$13.7M$54.9M25xas long as short
Lighter RH SOL+0.0096%1h119.41+0.102%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.36+0.062%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.24−0.042%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.38+0.075%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.31+0.020%$46K$791K20xas long as short
Nado SOL-PERP+0.0100%1h119.29−0.001%$6.3M$42.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.41+0.104%$720.5M$413.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.34+0.046%$178.9M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.44+0.132%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.26−0.020%$977.7M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.29+0.006%$823.6M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.24−0.039%$372.2M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.44+0.129%$233K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.37+0.069%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.195%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.28−0.005%$436.4M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29+0.002%$140.7M$199.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.24−0.038%$495.7M$455.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.39+0.087%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.31+0.024%$27.4M$127.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.37+0.072%$95.9M$397.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.47+0.156%$48.9M$32.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.46+0.146%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.49+0.171%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30+0.012%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27−0.017%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.28−0.009%$38K$16K25xas long as short
SunX SOL-USDTshort+0.0100%8h119.26−0.025%$194K$1.9M30x
SoDEX SOL-USD+0.0100%1h119.26−0.022%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.25−0.030%$46.6M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.23−0.046%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.27−0.011%$8.2M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.40+0.093%$222.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.26−0.026%$32.8M$94.8M100xas long as short
GMX SOL/USD [SOL-USDC]longL +0.0171% / S −0.0089%1h119.29long leg$3.6M200x
Reya SOLRUSDPERP+0.0180%1h119.27−0.015%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.36+0.063%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41+0.104%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.23−0.047%$51.9M$87.0M125xas long as short