SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.013%

Price spread now: GMX against Kraken Futures+0.017%7-day average +0.039% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.074%+$7 on $10k

Price spread, last 4 days (all we have)+0.180%+$18 · spread now +0.017%, 7d avg +0.039%

Together, before fees+0.254%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.022% cheaper against Kraken Futures than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.039%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOLUSD	116.50	0.0075	pay 0.0009% / 1h	48m 57s	$30.9M	$100.5M	100x
Short	GMX SOL/USD [SOL-USDC]	116.52	L +0.0232% / S −0.0170%	get 0.0021% / 1h	48m 57s	$3.5M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $19.88
Price spread: +0.017% → +0.039%: −$2.19
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$4.31
Costs to cover: 0.220%
Break-even: 8.5 days

Slippage unknown: Kraken Futures: live order book, 5 min ago; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 5 min ago	1.71 bp	7.1 bp −$7	8.5 bp −$85	11.7 bp −$1,170	21.8 bp −$10.9K
Sell GMX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SOL-PERP	−0.0083%	1h	116.50	0.000%	—	$602K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.73	+0.199%	$913	$8K	25x	as long as short
Hibachi SOL/USDT-P	−0.0032%	1h	116.61	+0.100%	$103K	$700K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.52	+0.017%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.56	+0.057%	$1.4M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.56	+0.053%	$4.4M	$24.2M	20x	as long as short
ApeX Omni SOLUSDT	+0.0005%	1h	116.61	+0.096%	$1.3M	$6.2M	50x	as long as short
Derive SOL-PERP	+0.0012%	1h	116.44	−0.053%	$1.9M	$2.8M	13x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	116.56	+0.053%	$99K	$168K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.52	+0.020%	$7.5M	$403.8M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSDlong	+0.0075%	1h	116.50	long leg	$30.9M	$100.5M	100x
Deribit SOL_USDC-PERPETUAL	+0.0085%	1h	116.56	+0.054%	$26.2M	$25.2M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0091%	8h	116.50	−0.001%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.50	+0.006%	$13.0M	$59.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.49	−0.004%	$2.2M	$16.6M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.50	+0.003%	$341K	$236K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.61	+0.092%	$994K	$530K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.50	+0.002%	$48K	$858K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.52	+0.023%	$5.5M	$39.3M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.57	+0.062%	$706.0M	$395.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.48	−0.016%	$175.0M	$182.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.59	+0.080%	$15.7M	$129.8M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.52	+0.019%	$963.0M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.48	−0.016%	$791.9M	$1.33B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.54	+0.036%	$364.0M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.47	−0.024%	$232K	$852K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.54	+0.032%	$2.0M	$9.1M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.66	+0.137%	$133.8M	$20.4M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.49	−0.007%	$845.2M	$653.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.50	+0.002%	$415.3M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.49	−0.004%	$126.4M	$216.8M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.50	+0.006%	$481.3M	$439.6M	100x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.46	−0.035%	—	$365.4M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.47	−0.024%	$23.3M	$37.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.54	+0.040%	$24.4M	$114.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.65	+0.130%	$93.7M	$396.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.72	+0.187%	$47.7M	$29.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.60	+0.087%	$1.3M	$13.1M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.51	+0.010%	$331K	$2.5M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.51	+0.008%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.48	−0.019%	$25K	$29K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.49	−0.006%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.51	+0.010%	$6.0M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.50	+0.001%	$226.1M	$46.4M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.54	+0.036%	$45.5M	$101.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.49	−0.008%	$8.0M	$36.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.57	+0.065%	—	$228.2M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	117.56	+0.911%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.76	+0.225%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.49	−0.006%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.49	−0.007%	$51.8M	$71.8M	125x	as long as short
GMX SOL/USD [SOL-USDC]short	L +0.0232% / S −0.0170%	1h	116.52	+0.017%	$3.5M	—	200x
Perpl SOL	+0.0335%	43m	116.60	+0.090%	$141K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0484%	1h	116.69	+0.165%	$25K	$51K	20x	as long as short
RISEx SOL/USDC	+0.0559%	1h	116.59	+0.080%	$1.9M	$4.9M	20x	as long as short