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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.10 per $10,000 · paid last 24h +0.008%
Price spread now: GMX against Extended−0.089%7-day average +0.067% · 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 4 days (all we have)+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.089%, 7d avg +0.067%
Together, before fees+0.200%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.156% cheaper against Extended than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.067%). If the spread goes back, that is −$16 on $10k: about 6.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD116.550.0104pay 0.0013% / 1h48m 38s$8.4M$32.6M50x
ShortGMX SOL/USD [SOL-USDC]116.45L +0.0237% / S −0.0181%get 0.0023% / 1h48m 38s$3.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$16.09
Price spread: −0.089% → +0.067%
−$15.61
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$16.52
Costs to cover
0.170%
Break-even
14.2 days
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago0.43 bp2.9 bp −$32.9 bp −$296.4 bp −$644doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P−0.0184%1h116.74+0.161%$99K$646K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.10+0.468%$1K$8K25xas long as short
Bybit SOLUSDT−0.0046%8h116.73+0.155%$725.9M$1.22B100xas long as short
Derive SOL-PERP−0.0008%1h116.37−0.157%$1.8M$2.5M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.39−0.135%$41K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.52−0.030%$1.3M$15.3M3.1xas long as short
Perpl SOL0.0000%43m116.50−0.045%$99K$2.6M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0006%1h116.51−0.033%$26.2M$17.6M50xas long as short
Vest SOL-PERP+0.0015%1h116.550.000%$272K20xas long as short
Bitget SOLUSDT+0.0017%8h116.70+0.128%$479.4M$390.7M100xas long as short
Show all 55 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0024%1h116.47−0.069%$8.5M$360.3M50xas long as short
Injective SOL/USDC PERP+0.0033%1h116.85+0.257%$4K$11312xas long as short
Orderly PERP_SOL_USDC+0.0038%8h116.41−0.125%$963K$5.0M100xas long as short
Aster SOLUSDT+0.0045%8h116.73+0.154%$176.1M$156.3M100xas long as short
01 Exchange SOLUSD+0.0048%1h116.63+0.068%$102K$185K20xas long as short
SoDEX SOL-USD+0.0061%1h116.52−0.026%$6.0M$11.2M20xas long as short
MEXC SOL_USDT+0.0064%8h116.74+0.162%$459.0M$949.9M300xas long as short
Aevo SOL-PERP+0.0064%1h116.36−0.165%$341K$261K20xas long as short
Binance SOLUSDT+0.0065%8h116.74+0.162%$968.6M$3.39B100xas long as short
ApeX Omni SOLUSDT+0.0082%1h116.58+0.025%$996K$6.6M50xas long as short
Gate SOL_USDT+0.0091%8h116.60+0.042%$836.5M$571.8M100xas long as short
Lighter SOL+0.0096%1h116.75+0.169%$12.9M$54.0M25xas long as short
Lighter RH SOL+0.0096%1h116.73+0.156%$2.2M$12.8M25xas long as short
dYdX SOL-USD+0.0099%1h116.74+0.163%$9.1M$17.9M20xas long as short
Katana Perps SOL-USD+0.0100%8h116.54−0.009%$24K$891K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.76+0.182%$1.0M$554K50xas long as short
Nado SOL-PERP+0.0100%1h116.34−0.176%$5.5M$38.8M40xas long as short
Hyperliquid SOL+0.0100%1h116.80+0.214%$719.2M$364.2M20xas long as short
Pacifica SOL+0.0100%1h116.78+0.200%$15.8M$116.2M20xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.74+0.162%$358.9M$1.53B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.39−0.138%$219K$724K10xas long as short
Arcus SOL-USD+0.0100%1h116.71+0.140%$1.2M$7.7M20xas long as short
KuCoin SOLUSDTM+0.0100%8h116.71+0.138%$133.0M$224.3M75xas long as short
BingX SOL-USDT+0.0100%8h116.73+0.153%$330.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.48−0.061%$23.1M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.53−0.014%$24.9M$94.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.55−0.001%$93.6M$356.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.58+0.029%$47.7M$25.7M20xas long as short
StandX SOL-USD+0.0100%1h116.71+0.137%$1.3M$9.6M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.54−0.009%$324K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.47−0.068%$283K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.39−0.140%$26K$34K25xas long as short
SunX SOL-USDT+0.0100%8h116.38−0.144%$189K$1.4M30xas long as short
HTX SOL-USDT+0.0100%8h116.51−0.034%$225.3M$39.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.50−0.043%$45.2M$98.4M50xas long as short
Bulk SOL-USD+0.0100%1h116.75+0.171%$127.3M$9.4M20xas long as short
Phoenix SOL+0.0103%1h116.81+0.223%$6.7M$11.6M25xas long as short
Extended SOL-USDlong+0.0104%1h116.55long leg$8.4M$32.6M50x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.57+0.013%$210.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0129%1h116.48−0.061%$33.1M$91.9M100xas long as short
BloFin SOL-USDT+0.0185%8h116.44−0.095%$51.7M$55.6M125xas long as short
Reya SOLRUSDPERP+0.0201%1h116.51−0.035%$1.1M$90K25xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0237% / S −0.0181%1h116.45−0.089%$3.6M200x
RISEx SOL/USDC+0.0250%1h116.62+0.055%$2.2M$3.7M20xas long as short
Aftermath Perps SOLUSD+0.0428%1h116.68+0.109%$25K$45K20xas long as short