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−0.0032%/8h= −3.5% APRpaid last 24h +0.017%
Price spread now: GMX against Paradex+0.088%7-day average +0.034% · you sell dearer than you buy
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)+0.074%+$7 on $10k
Price spread, last 3 days (all we have)−0.142%−$14 · spread now +0.088%, 7d avg +0.034%
Together, before fees−0.067%+ Points / potential airdropParadex: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GMX is 0.054% dearer against Paradex than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.034%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.7 days. Mind the row above: over the last 3 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex SOL-USD-PERP119.160.0099pay 0.0099% / 8h1h 22m$1.0M$523K50x
ShortGMX SOL/USD [SOL-USDC]119.27L +0.0171% / S −0.0068%get 0.0008% / 1h22m 44s$3.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Paradex. 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
−$6.64
Price spread: +0.088% → +0.034%
$5.36
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee GMX: 6 bp × 2 orders
−$12
Net
−$17.28
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex live order book, 1 min ago1.80 bp3.8 bp −$410.5 bp −$105doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0487%1h119.25+0.075%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.15−0.009%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.30+0.115%$846$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.23+0.061%$722K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0005% / S +0.0004%1h119.27+0.090%$106K150xas long as short
dYdX SOL-USD−0.0001%1h119.25+0.078%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.31+0.128%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.26+0.084%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0032%1h119.40+0.201%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.18+0.016%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0066%1h119.29+0.112%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.26+0.084%$1.1M$5.9M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0071%1h119.31+0.125%$26.7M$27.7M50xas long as short
01 Exchange SOLUSD+0.0080%1h119.30+0.117%$104K$154K20xas long as short
BingX SOL-USDC+0.0080%8h119.24+0.068%$10.5Mas long as short
HTX SOL-USDT+0.0082%8h119.27+0.089%$232.2M$45.0M75xas long as short
Gate SOL_USDT+0.0087%8h119.21+0.041%$870.7M$684.6M100xas long as short
Lighter SOL+0.0096%1h119.26+0.086%$13.6M$55.9M25xas long as short
Lighter RH SOL+0.0096%1h119.25+0.071%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.20+0.032%$353K$748K20xas long as short
Paradex SOL-USD-PERPlong+0.0099%8h119.16long leg$1.0M$523K50x
Katana Perps SOL-USD+0.0100%8h119.22+0.049%$47K$796K20xas long as short
Nado SOL-PERP+0.0100%1h119.28+0.096%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.36+0.167%$719.1M$416.9M20xas long as short
Aster SOLUSDT+0.0100%8h119.27+0.091%$178.5M$177.0M100xas long as short
Pacifica SOL+0.0100%1h119.26+0.084%$12.4M$117.8M20xas long as short
Binance SOLUSDT+0.0100%8h119.29+0.108%$985.5M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.32+0.133%$825.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.29+0.108%$371.2M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.24+0.066%$234K$885K10xas long as short
Arcus SOL-USD+0.0100%1h119.31+0.128%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.16−0.004%$133.7M$8.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.24+0.066%$454.4M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.27+0.091%$140.2M$202.0M75xas long as short
Bitget SOLUSDT+0.0100%8h119.25+0.076%$495.5M$455.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.27+0.091%$24.1M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.27+0.092%$27.9M$128.0Mas long as short
edgeX SOLUSDC+0.0100%4h119.14−0.014%$95.7M$400.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.37+0.175%$48.9M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.24+0.066%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.35+0.159%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.27+0.091%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27+0.088%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.26+0.081%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.25+0.075%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.27+0.091%$46.6M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.20+0.031%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.30+0.112%$8.1M$416.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.22+0.051%$223.5M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.25+0.073%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0171% / S −0.0068%1h119.27+0.088%$3.8M200x
Reya SOLRUSDPERP+0.0181%1h119.25+0.071%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.32+0.130%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.184%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.26+0.083%$52.2M$82.8M125xas long as short