SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.17 per $10,000 · paid last 24h −0.027%

Price spread now: Ondo Perps against GMX−0.096%7-day average −0.063% · you buy dearer than you sell

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

Long on GMX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.119%−$12 on $10k

Price spread, last 4 days (all we have)+0.252%+$25 · spread now −0.096%, 7d avg −0.063%

Together, before fees+0.133%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.033% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.063%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SOL/USD [SOL-USDC]	117.62	L +0.0232% / S −0.0170%	pay 0.0029% / 1h	7m 27s	$3.6M	—	200x
Short	Ondo Perps SOL-USD.P	117.51	0.0100	get 0.0013% / 1h	7m 27s	$234K	$861K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against GMX. 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 GMXbpFee Ondo PerpsbpOrdersPrice spread, now −0.096%Rate

Funding earned: −$27.75
Price spread: −0.096% → −0.063%: −$3.34
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$48.09
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Ondo Perps: 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 GMX no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

GMX and Ondo Perps: 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
Hotstuff SOL-PERP	−0.0080%	1h	117.58	−0.041%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0072%	1h	117.45	−0.150%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.60	−0.022%	$31.6M	$98.9M	100x	as long as short
Bluefin SOL-PERP	−0.0053%	1h	117.61	−0.007%	$25K	$28K	25x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.54	−0.067%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.66	+0.031%	$57K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.56	−0.056%	$4.5M	$24.1M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0031%	1h	117.65	+0.021%	$26.4M	$24.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0032%	1h	117.64	+0.016%	$104K	$696K	20x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	117.49	−0.113%	$100K	$166K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.62	−0.001%	$7.9M	$403.6M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0090%	8h	117.63	+0.006%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.55	−0.059%	$13.2M	$60.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.50	−0.101%	$2.1M	$16.3M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.61	−0.008%	$345K	$226K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.48	−0.122%	$56K	$840K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.58	−0.037%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.52	−0.092%	$5.8M	$38.7M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.49	−0.114%	$176.8M	$179.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.57	−0.048%	$14.5M	$128.4M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.48	−0.122%	$968.0M	$3.71B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.48	−0.122%	$827.6M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.44	−0.156%	$365.2M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.Pshort	+0.0100%	1h	117.51	−0.096%	$234K	$861K	10x
Arcus SOL-USD	+0.0100%	1h	117.53	−0.083%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.96	+0.290%	$136.3M	$17.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.52	−0.088%	$858.7M	$655.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.52	−0.088%	$425.5M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.52	−0.084%	$130.4M	$213.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.46	−0.141%	$486.6M	$431.6M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	117.48	−0.124%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.57	−0.045%	$23.6M	$37.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.77	+0.127%	$24.4M	$114.5M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.75	+0.110%	$94.6M	$391.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.66	+0.032%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.69	+0.057%	$1.7M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.63	+0.006%	$1.3M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.46	−0.139%	$351K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.63	+0.004%	$199K	$1.6M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.63	+0.008%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.60	−0.019%	$6.2M	$10.7M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.67	+0.037%	$228.5M	$45.2M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.60	−0.019%	$45.9M	$100.4M	50x	as long as short
Kalshi KXSOLPERP	+0.0103%	8h	117.66	+0.033%	$1.3M	$19.3M	3.1x	as long as short
Extended SOL-USD	+0.0104%	1h	117.45	−0.145%	$8.2M	$36.1M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.61	−0.007%	—	$215.3M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.99	+0.312%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.58	−0.041%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0171%	1h	117.63	+0.006%	$719.4M	$387.7M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.45	−0.148%	$1.1M	$537K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.49	−0.113%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.69	+0.057%	$51.9M	$71.6M	125x	as long as short
Perpl SOL	+0.0223%	43m	117.68	+0.048%	$127K	$3.7M	8.3x	as long as short
GMX SOL/USD [SOL-USDC]long	L +0.0232% / S −0.0170%	1h	117.62	long leg	$3.6M	—	200x
Aftermath Perps SOLUSD	+0.0412%	1h	117.81	+0.155%	$25K	$52K	20x	as long as short