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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0121%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: GMX against Coinbase International−0.001%7-day average +0.018% · 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)+0.069%+$7 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.001%, 7d avg +0.018%
Together, before fees+0.105%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX116.100.0048pay 0.0006% / 1h22m 14s$7.8M$399.0M50x
ShortGMX SOL/USD [SOL-USDC]116.10L +0.0231% / S −0.0169%get 0.0021% / 1h22m 14s$3.5M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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
$25.39
Price spread: −0.001% → +0.018%
−$1.88
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$1.51
Costs to cover
0.220%
Break-even
6.6 days
Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago0.04 bp5.1 bp −$57.3 bp −$7316.9 bp −$1,688doesn'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
Kraken Futures PF_SOLUSD−0.0153%1h116.10−0.001%$32.4M$107.0M100xas long as short
Hibachi SOL/USDT-P−0.0112%1h116.07−0.022%$100K$674K20xas long as short
Bybit SOLUSDT−0.0106%8h116.04−0.047%$733.1M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.16+0.053%$1K$8K25xas long as short
Derive SOL-PERP−0.0075%1h116.00−0.085%$1.8M$3.0M13xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.227%$4K$2K12xas long as short
Vest SOL-PERP−0.0049%1h116.06−0.034%$756K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.10+0.002%$42K150xas long as short
Variational Omni SOL0.0000%8h116.07−0.020%$24.8M$107.5Mas long as short
Kalshi KXSOLPERP0.0000%8h116.10+0.002%$1.4M$19.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m116.11+0.014%$99K$3.5M8.3xas long as short
dYdX SOL-USD+0.0005%1h116.10+0.003%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0022%8h116.02−0.065%$478.7M$456.3M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0044%1h116.13+0.026%$26.3M$21.6M50xas long as short
Coinbase International SOL-PERP-INTXlong+0.0048%1h116.10long leg$7.8M$399.0M50x
Aster SOLUSDT+0.0049%8h116.05−0.040%$177.0M$168.6M100xas long as short
SoDEX SOL-USD+0.0051%1h116.07−0.023%$6.1M$11.0M20xas long as short
01 Exchange SOLUSD+0.0064%1h116.13+0.028%$100K$181K20xas long as short
Orderly PERP_SOL_USDC+0.0070%8h116.07−0.022%$1.0M$5.9M100xas long as short
Lighter RH SOL+0.0072%1h116.04−0.050%$2.1M$16.8M25xas long as short
Paradex SOL-USD-PERP+0.0094%8h116.12+0.023%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.05−0.040%$13.1M$60.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.07−0.021%$350K$257K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.07−0.023%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.08−0.016%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.15+0.043%$695.5M$408.1M20xas long as short
Pacifica SOL+0.0100%1h116.15+0.047%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.05−0.040%$959.4M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.06−0.032%$365.7M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.03−0.058%$217K$842K10xas long as short
Arcus SOL-USD+0.0100%1h116.11+0.012%$922K$8.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.07−0.023%$842.3M$667.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.07−0.023%$371.0M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.08−0.012%$129.2M$236.1M75xas long as short
BingX SOL-USDC+0.0100%8h116.02−0.064%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.05−0.040%$22.8M$35.6M50xas long as short
edgeX SOLUSDC+0.0100%4h116.10−0.001%$93.2M$405.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.07−0.023%$47.5M$28.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.14+0.034%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.06−0.032%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.08−0.015%$314K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.10+0.004%$283K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.08−0.010%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.07−0.023%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.04−0.053%$224.7M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.09−0.006%$45.1M$104.3M50xas long as short
Bulk SOL-USD+0.0100%1h116.35+0.218%$125.8M$26.4M20xas long as short
Extended SOL-USD+0.0104%1h116.03−0.057%$8.2M$37.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.10−0.002%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.20+0.089%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.06−0.030%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.04−0.049%$52.1M$65.3M125xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0231% / S −0.0169%1h116.10−0.001%$3.5M200x
Aftermath Perps SOLUSD+0.0465%1h116.18+0.075%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.17+0.062%$2.1M$4.8M20xas long as short