SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0217%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.051%

Price spread now: GMX against Derive+0.180%7-day average +0.033% · you sell dearer than you buy

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

Long on Derive Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.146%+$15 on $10k

Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.180%, 7d avg +0.033%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.146% dearer against Derive than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive SOL-PERP	116.53	−0.0036	get 0.0005% / 1h	49m 55s	$1.8M	$2.5M	13x
Short	GMX SOL/USD [SOL-USDC]	116.74	L +0.0237% / S −0.0181%	get 0.0023% / 1h	49m 55s	$3.6M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Derive. 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 DerivebpFee GMXbpOrdersPrice spread, now +0.180%Rate

Funding earned: $45.51
Price spread: +0.180% → +0.033%: $14.65
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: $42.16
Costs to cover: 0.180%
Break-even: 0.5 days

Slippage unknown: Derive: 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 Derive no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Derive 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 exchanges

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
Hibachi SOL/USDT-P	−0.0184%	1h	116.60	+0.062%	$99K	$646K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.10	+0.488%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0047%	8h	116.56	+0.027%	$725.1M	$1.22B	100x	as long as short
Derive SOL-PERPlong	−0.0036%	1h	116.53	long leg	$1.8M	$2.5M	13x
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.73	+0.173%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.71	+0.161%	$1.3M	$15.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.65	+0.103%	$97K	$2.6M	8.3x	as long as short
Vest SOL-PERP	+0.0015%	1h	116.67	+0.119%	—	$272K	20x	as long as short
Bitget SOLUSDT	+0.0017%	8h	116.47	−0.051%	$478.5M	$390.9M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0024%	1h	116.53	+0.004%	$8.5M	$360.1M	50x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SOL/USDC PERP	+0.0033%	1h	116.85	+0.276%	$4K	$113	12x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0036%	1h	116.63	+0.089%	$26.3M	$17.6M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0039%	8h	116.59	+0.056%	$961K	$5.0M	100x	as long as short
Aster SOLUSDT	+0.0044%	8h	116.55	+0.023%	$175.9M	$156.1M	100x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.72	+0.165%	$101K	$183K	20x	as long as short
SoDEX SOL-USD	+0.0061%	1h	116.61	+0.070%	$6.0M	$11.2M	20x	as long as short
Aevo SOL-PERP	+0.0064%	1h	116.56	+0.028%	$341K	$259K	20x	as long as short
Binance SOLUSDT	+0.0065%	8h	116.58	+0.045%	$967.3M	$3.39B	100x	as long as short
MEXC SOL_USDT	+0.0065%	8h	116.52	−0.007%	$464.7M	$948.5M	300x	as long as short
Gate SOL_USDT	+0.0093%	8h	116.59	+0.053%	$836.9M	$571.0M	100x	as long as short
ApeX Omni SOLUSDT	+0.0096%	1h	116.77	+0.210%	$1.1M	$6.5M	50x	as long as short
Lighter SOL	+0.0096%	1h	116.56	+0.029%	$12.9M	$54.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.50	−0.027%	$2.2M	$12.8M	25x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.62	+0.079%	$49K	$891K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.60	+0.062%	$1.0M	$554K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.56	+0.032%	$5.5M	$38.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.65	+0.105%	$718.2M	$364.1M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.61	+0.067%	$15.8M	$116.0M	20x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.49	−0.032%	$358.2M	$1.53B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.52	−0.007%	$219K	$728K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.70	+0.147%	$1.2M	$7.7M	20x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.54	+0.014%	$132.9M	$224.3M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.54	+0.007%	—	$331.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.56	+0.028%	$23.1M	$35.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.53	+0.005%	$24.9M	$94.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.72	+0.166%	$93.8M	$355.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.72	+0.163%	$47.8M	$25.7M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.62	+0.079%	$1.3M	$9.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.70	+0.148%	$324K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.74	+0.179%	$284K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.60	+0.061%	$26K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.53	+0.004%	$189K	$1.4M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.51	−0.015%	$225.3M	$39.8M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.54	+0.010%	$45.3M	$98.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.75	+0.191%	$127.3M	$9.4M	20x	as long as short
dYdX SOL-USD	+0.0100%	1h	116.61	+0.069%	$9.1M	$17.9M	20x	as long as short
Phoenix SOL	+0.0103%	1h	116.81	+0.242%	$6.7M	$11.6M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	116.44	−0.079%	$8.4M	$32.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.71	+0.158%	—	$210.9M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0129%	1h	116.56	+0.024%	$33.2M	$91.9M	100x	as long as short
BloFin SOL-USDT	+0.0185%	8h	116.57	+0.036%	$51.6M	$55.6M	125x	as long as short
Reya SOLRUSDPERP	+0.0201%	1h	116.66	+0.113%	$1.1M	$90K	25x	as long as short
GMX SOL/USD [SOL-USDC]short	L +0.0237% / S −0.0181%	1h	116.74	+0.180%	$3.6M	—	200x
RISEx SOL/USDC	+0.0250%	1h	116.71	+0.153%	$2.2M	$3.7M	20x	as long as short
Aftermath Perps SOLUSD	+0.0423%	1h	116.77	+0.209%	$25K	$45K	20x	as long as short