SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0374%/8h= −41.0% APRnext payment −$0.47 per $10,000 · paid last 24h −0.031%

Price spread now: GMX against RISEx−0.029%7-day average +0.017% · you buy dearer than you sell

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

Long on RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.029%, 7d avg +0.017%

Together, before fees−0.007%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and GMX is 0.046% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.018% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SOL/USDC	116.48	0.0547	pay 0.0068% / 1h	19m 16s	$2.1M	$4.9M	20x
Short	GMX SOL/USD [SOL-USDC]	116.45	L +0.0233% / S −0.0173%	get 0.0022% / 1h	19m 16s	$3.5M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against RISEx. 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 RISExbpFee GMXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$78.57
Price spread: −0.029% → +0.017%: −$4.57
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$101.14
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: RISEx: 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 RISEx live order book, 5 min ago	0.04 bp	6.3 bp −$6	10.3 bp −$103	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSD	−0.0240%	1h	116.43	−0.043%	$31.9M	$102.9M	100x	as long as short
Hibachi SOL/USDT-P	−0.0136%	1h	116.29	−0.161%	$104K	$693K	20x	as long as short
BingX SOL-USDT	−0.0112%	8h	116.45	−0.023%	—	$369.6M	—	as long as short
Bybit SOLUSDT	−0.0108%	8h	116.42	−0.054%	$742.9M	$1.42B	100x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.43	−0.047%	$1K	$8K	25x	as long as short
Vest SOL-PERP	−0.0059%	1h	116.38	−0.087%	—	$625K	20x	as long as short
Derive SOL-PERP	−0.0015%	1h	116.37	−0.098%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.46	−0.021%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.07	−0.356%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.43	−0.047%	$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	+0.0010%	1h	116.43	−0.045%	$4.3M	$24.0M	20x	as long as short
01 Exchange SOLUSD	+0.0024%	1h	116.43	−0.043%	$99K	$177K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.43	−0.046%	$7.8M	$405.0M	50x	as long as short
Bitget SOLUSDT	+0.0064%	8h	116.41	−0.062%	$479.5M	$458.6M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0096%	8h	116.45	−0.022%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.39	−0.078%	$13.0M	$61.3M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.39	−0.078%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.44	−0.036%	$350K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.35	−0.112%	$64K	$912K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.42	−0.049%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.37	−0.094%	$5.2M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.52	+0.034%	$692.5M	$403.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.46	−0.021%	$176.1M	$176.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.42	−0.048%	$15.7M	$130.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.46	−0.016%	$970.6M	$3.88B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.44	−0.035%	$364.2M	$1.74B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.36	−0.103%	$216K	$877K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.44	−0.039%	$913K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	115.85	−0.540%	$123.9M	$22.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.45	−0.026%	$842.3M	$671.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.47	−0.009%	$355.3M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.45	−0.022%	$126.7M	$230.0M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.35	−0.112%	$22.9M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.99	−0.417%	$24.8M	$114.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.07	−0.356%	$93.2M	$407.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.84	−0.550%	$47.4M	$30.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	115.75	−0.625%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.23	−0.215%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.43	−0.043%	$320K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.45	−0.027%	$147K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.44	−0.031%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.45	−0.029%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.44	−0.035%	$6.1M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.25	−0.199%	$225.2M	$50.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.33	−0.129%	$45.3M	$104.9M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.39	−0.077%	$8.1M	$39.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.46	−0.017%	—	$239.3M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0160%	1h	116.49	+0.012%	$26.3M	$22.0M	50x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	115.66	−0.704%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.37	−0.095%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	116.40	−0.072%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.10	−0.327%	$51.8M	$67.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]short	L +0.0233% / S −0.0173%	1h	116.45	−0.029%	$3.5M	—	200x
RISEx SOL/USDClong	+0.0547%	1h	116.48	long leg	$2.1M	$4.9M	20x
Aftermath Perps SOLUSD	+0.0569%	1h	116.03	−0.389%	$25K	$55K	20x	as long as short