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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.082%−$8 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SOL/USD [SOL-USDC]118.70L +0.0168% / S −0.0066%pay 0.0021% / 1h25m 47s$3.8M200x
ShortPolymarket Perps SOL-USD118.680.0100get 0.0013% / 1h25m 47s$367K$2.4M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Polymarket Perps live order book, 3 min ago0.42 bp5.2 bp −$56.4 bp −$64doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h118.70−0.004%$842$8K25xas long as short
Vest SOL-PERP−0.0074%1h118.67−0.026%$723K20xas long as short
Derive SOL-PERP−0.0073%1h118.58−0.100%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0015%1h118.43−0.230%$4.8M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.71+0.005%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.72+0.011%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m118.73+0.023%$176K$4.0M8.3xas long as short
ApeX Omni SOLUSDT+0.0019%1h118.84+0.116%$1.5M$6.2M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0026%1h118.71+0.010%$26.6M$26.0M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h118.68−0.022%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h118.73+0.023%$103K$157K20xas long as short
BingX SOL-USDC+0.0080%8h118.62−0.066%$10.5Mas long as short
HTX SOL-USDT+0.0084%8h118.57−0.110%$230.8M$45.1M75xas long as short
Gate SOL_USDT+0.0087%8h118.61−0.078%$861.3M$681.3M100xas long as short
Lighter SOL+0.0096%1h118.44−0.219%$13.4M$56.0M25xas long as short
Lighter RH SOL+0.0096%1h118.50−0.167%$2.2M$17.0M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h118.76+0.046%$119K$629K20xas long as short
Aevo SOL-PERP+0.0096%1h118.65−0.042%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.69−0.014%$8.1M$415.5M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.71+0.010%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.71+0.006%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.69−0.011%$6.0M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h118.66−0.036%$718.2M$412.6M20xas long as short
Aster SOLUSDT+0.0100%8h118.65−0.042%$177.7M$177.9M100xas long as short
Pacifica SOL+0.0100%1h118.48−0.186%$12.2M$121.2M20xas long as short
Binance SOLUSDT+0.0100%8h118.44−0.223%$977.4M$3.83B100xas long as short
Bybit SOLUSDT+0.0100%8h118.45−0.209%$821.9M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.42−0.238%$368.2M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.68−0.019%$232K$871K10xas long as short
Arcus SOL-USD+0.0100%1h118.72+0.019%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.93+0.192%$133.7M$5.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.63−0.061%$430.6M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.63−0.062%$138.0M$205.1M75xas long as short
Bitget SOLUSDT+0.0100%8h118.49−0.182%$491.1M$460.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.65−0.044%$24.2M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h118.69−0.009%$27.1M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h118.84+0.119%$95.5M$400.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.94+0.200%$48.7M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h118.76+0.048%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USDshort+0.0100%1h118.68−0.019%$367K$2.4M20x
Bullet SOL-USD+0.0100%1h118.69−0.014%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.68−0.016%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.66−0.033%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.66−0.036%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.68−0.019%$46.4M$102.9M50xas long as short
Phoenix SOL+0.0100%1h118.92+0.183%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.60−0.083%$8.7M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.65−0.044%$32.5M$97.2M100xas long as short
Aftermath Perps SOLUSD+0.0113%1h118.94+0.200%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.78+0.068%$226.0M500xas long as short
GMX SOL/USD [SOL-USDC]longL +0.0168% / S −0.0066%1h118.70long leg$3.8M200x
Injective SOL/USDC PERP+0.0170%1h118.91+0.175%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0184%1h118.68−0.021%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h118.76+0.048%$52.3M$80.4M125xas long as short
RISEx SOL/USDC+0.0226%1h118.72+0.015%$1.7M$5.2M20xas long as short