Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h −0.029%
Price spread now: Polymarket Perps against GMX−0.019%7-day average −0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.115%−$12 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.019%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SOL/USD [SOL-USDC] | 118.70 | L +0.0168% / S −0.0066% | pay 0.0021% / 1h | 25m 47s | $3.8M | — | 200x |
| Short | Polymarket Perps SOL-USD | 118.68 | 0.0100 | get 0.0013% / 1h | 25m 47s | $367K | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.26
- Price spread: −0.019% → −0.037%
- $1.81
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$32.45
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 3 min ago. 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 Polymarket Perps live order book, 3 min ago | 0.42 bp | 5.2 bp −$5 | 6.4 bp −$64 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.70 | −0.004% | $842 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0074% | 1h | 118.67 | −0.026% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0073% | 1h | 118.58 | −0.100% | $2.0M | $2.8M | 13x | as long as short |
| dYdX SOL-USD | −0.0015% | 1h | 118.43 | −0.230% | $4.8M | $28.0M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 118.71 | +0.005% | $112K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.72 | +0.011% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.73 | +0.023% | $176K | $4.0M | 8.3x | as long as short |
| ApeX Omni SOLUSDT | +0.0019% | 1h | 118.84 | +0.116% | $1.5M | $6.2M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0026% | 1h | 118.71 | +0.010% | $26.6M | $26.0M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0075% | 8h | 118.68 | −0.022% | $1.0M | $5.9M | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0080% | 1h | 118.73 | +0.023% | $103K | $157K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 118.62 | −0.066% | — | $10.5M | — | as long as short |
| HTX SOL-USDT | +0.0084% | 8h | 118.57 | −0.110% | $230.8M | $45.1M | 75x | as long as short |
| Gate SOL_USDT | +0.0087% | 8h | 118.61 | −0.078% | $861.3M | $681.3M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.44 | −0.219% | $13.4M | $56.0M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 118.50 | −0.167% | $2.2M | $17.0M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0096% | 1h | 118.76 | +0.046% | $119K | $629K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.65 | −0.042% | $352K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0096% | 1h | 118.69 | −0.014% | $8.1M | $415.5M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.71 | +0.010% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.71 | +0.006% | $45K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.69 | −0.011% | $6.0M | $40.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.66 | −0.036% | $718.2M | $412.6M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.65 | −0.042% | $177.7M | $177.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.48 | −0.186% | $12.2M | $121.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.44 | −0.223% | $977.4M | $3.83B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.45 | −0.209% | $821.9M | $1.29B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.42 | −0.238% | $368.2M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.68 | −0.019% | $232K | $871K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.72 | +0.019% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.93 | +0.192% | $133.7M | $5.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.63 | −0.061% | $430.6M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.63 | −0.062% | $138.0M | $205.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.49 | −0.182% | $491.1M | $460.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.65 | −0.044% | $24.2M | $38.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.69 | −0.009% | $27.1M | $129.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.84 | +0.119% | $95.5M | $400.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.94 | +0.200% | $48.7M | $31.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.76 | +0.048% | $1.4M | $13.5M | 30x | as long as short |
| Polymarket Perps SOL-USDshort | +0.0100% | 1h | 118.68 | −0.019% | $367K | $2.4M | 20x | |
| Bullet SOL-USD | +0.0100% | 1h | 118.69 | −0.014% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.68 | −0.016% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.66 | −0.033% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.66 | −0.036% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.68 | −0.019% | $46.4M | $102.9M | 50x | as long as short |
| Phoenix SOL | +0.0100% | 1h | 118.92 | +0.183% | $6.6M | $13.7M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.60 | −0.083% | $8.7M | $36.0M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0105% | 1h | 118.65 | −0.044% | $32.5M | $97.2M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0113% | 1h | 118.94 | +0.200% | $24K | $47K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.78 | +0.068% | — | $226.0M | 500x | as long as short |
| GMX SOL/USD [SOL-USDC]long | L +0.0168% / S −0.0066% | 1h | 118.70 | long leg | $3.8M | — | 200x | |
| Injective SOL/USDC PERP | +0.0170% | 1h | 118.91 | +0.175% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0184% | 1h | 118.68 | −0.021% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.76 | +0.048% | $52.3M | $80.4M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 118.72 | +0.015% | $1.7M | $5.2M | 20x | as long as short |
GMX SOL/USD [SOL-USDC]
Polymarket Perps SOL-USD
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
ApeX Omni SOLUSDT
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSD
BingX SOL-USDC
HTX SOL-USDT
Gate SOL_USDT
Lighter SOL
Lighter RH SOL
Coinbase International SOL-PERP-INTX
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Kraken Futures PF_SOLUSD
Aftermath Perps SOLUSD
Injective SOL/USDC PERP
BloFin SOL-USDT
RISEx SOL/USDC