Funding you earn now, next payment 06:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.022%
Price spread now: GMX against Reya+0.024%7-day average +0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.024%, 7d avg +0.056%
=Together, before fees−0.089%+ Points / potential airdropReya: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.032% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SOLRUSDPERP | 115.68 | 0.0193 | pay 0.0024% / 1h | 22m 36s | $1.1M | $542K | 25x |
| Short | GMX SOL/USD [SOL-USDC] | 115.71 | L +0.0233% / S −0.0173% | get 0.0022% / 1h | 22m 36s | $3.5M | — | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.28
- Price spread: +0.024% → +0.056%
- −$3.2
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$25.48
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya and 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | −0.0241% | 1h | 115.76 | +0.073% | $31.6M | $102.9M | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0160% | 1h | 115.78 | +0.090% | $104K | $693K | 20x | as long as short |
| BingX SOL-USDT | −0.0115% | 8h | 115.93 | +0.217% | — | $368.3M | — | as long as short |
| Bybit SOLUSDT | −0.0110% | 8h | 115.94 | +0.227% | $740.9M | $1.42B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.33 | +0.566% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0073% | 1h | 115.67 | −0.002% | $1.9M | $2.9M | 13x | as long as short |
| Vest SOL-PERP | −0.0072% | 1h | 115.72 | +0.039% | — | $625K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 115.73 | +0.045% | $41K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 115.78 | +0.088% | $1.5M | $19.3M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 115.72 | +0.039% | $113K | $3.7M | 8.3x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX SOL-USD | +0.0011% | 1h | 115.90 | +0.193% | $4.3M | $24.0M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0024% | 1h | 115.96 | +0.244% | $98K | $176K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 115.79 | +0.098% | $7.7M | $402.9M | 50x | as long as short |
| Bitget SOLUSDT | +0.0065% | 8h | 115.91 | +0.200% | $477.7M | $457.1M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0071% | 1h | 115.80 | +0.105% | $26.2M | $22.0M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0096% | 8h | 115.77 | +0.080% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 115.88 | +0.173% | $12.9M | $61.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 115.91 | +0.199% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 115.74 | +0.056% | $348K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 115.89 | +0.184% | $64K | $915K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 115.91 | +0.200% | $1.0M | $550K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 115.75 | +0.067% | $5.2M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 115.97 | +0.249% | $685.6M | $400.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 115.94 | +0.228% | $175.3M | $179.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 115.92 | +0.208% | $15.6M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 115.97 | +0.253% | $966.5M | $3.88B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 115.98 | +0.262% | $361.5M | $1.73B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 115.87 | +0.167% | $215K | $872K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 115.96 | +0.245% | $914K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 115.85 | +0.151% | $123.9M | $22.0M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 115.90 | +0.193% | $841.0M | $669.3M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 115.95 | +0.236% | $357.7M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 115.86 | +0.156% | $125.2M | $230.0M | 75x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 115.81 | +0.115% | $22.8M | $38.3M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 115.53 | −0.131% | $24.7M | $114.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 115.59 | −0.076% | $92.8M | $406.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 115.67 | −0.006% | $47.3M | $30.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 115.61 | −0.058% | $1.1M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 115.69 | +0.011% | $1.3M | $12.0M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 115.69 | +0.011% | $318K | $2.7M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 115.71 | +0.027% | $147K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 115.74 | +0.053% | $25K | $33K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 115.76 | +0.068% | $188K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 115.76 | +0.072% | $6.0M | $10.9M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 115.70 | +0.021% | $224.1M | $50.0M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 115.79 | +0.097% | $45.1M | $104.8M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 115.89 | +0.181% | $7.9M | $38.8M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 115.71 | +0.031% | — | $240.4M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 115.66 | −0.015% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0179% | 1h | 115.69 | +0.011% | $6.5M | $13.7M | 25x | as long as short |
| Reya SOLRUSDPERPlong | +0.0193% | 1h | 115.68 | long leg | $1.1M | $542K | 25x | |
| BloFin SOL-USDT | +0.0220% | 8h | 115.79 | +0.097% | $51.6M | $67.7M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC]short | L +0.0233% / S −0.0173% | 1h | 115.71 | +0.024% | $3.5M | — | 200x | |
| RISEx SOL/USDC | +0.0547% | 1h | 116.00 | +0.280% | $2.1M | $4.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0576% | 1h | 115.77 | +0.077% | $25K | $53K | 20x | as long as short |
GMX SOL/USD [SOL-USDC]
Kraken Futures PF_SOLUSD
BingX SOL-USDT
Bybit SOLUSDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Bitget SOLUSDT
Deribit SOL_USDC-PERPETUAL
Lighter SOL
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Phoenix SOL
BloFin SOL-USDT
RISEx SOL/USDC
Aftermath Perps SOLUSD