SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.008%

Price spread now: GMX against Ondo Perps+0.009%7-day average +0.061% · you sell dearer than you buy

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

Long on Ondo Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.069%+$7 on $10k

Price spread, last 3 days (all we have)+0.045%+$5 · spread now +0.009%, 7d avg +0.061%

Together, before fees+0.114%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.053% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.061%). If the spread goes back, that is −$5 on $10k: about 2.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SOL-USD.P	117.61	0.0100	pay 0.0013% / 1h	55m 59s	$237K	$851K	10x
Short	GMX SOL/USD [SOL-USDC]	117.62	L +0.0232% / S −0.0170%	get 0.0021% / 1h	55m 59s	$3.6M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Ondo Perps. 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 Ondo PerpsbpFee GMXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $14.68
Price spread: +0.009% → +0.061%: −$5.28
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$7.59
Costs to cover: 0.170%
Break-even: 10.6 days

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

Ondo Perps 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 54 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	117.67	+0.049%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0057%	1h	117.50	−0.097%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.54	−0.056%	$31.5M	$98.1M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.58	−0.022%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.56	−0.043%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.64	+0.029%	$1.4M	$19.6M	3.1x	as long as short
Derive SOL-PERP	+0.0009%	1h	117.52	−0.078%	$2.0M	$2.8M	13x	as long as short
HTX SOL-USDT	+0.0036%	8h	117.55	−0.052%	$228.4M	$45.5M	75x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	117.63	+0.017%	$100K	$162K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.56	−0.044%	$8.0M	$402.9M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0072%	1h	117.44	−0.142%	$100K	$690K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0078%	1h	117.61	+0.002%	$26.4M	$25.2M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.42	−0.162%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.60	−0.005%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.54	−0.061%	$13.1M	$58.9M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.53	−0.071%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.60	−0.008%	$345K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.61	0.000%	$67K	$840K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.65	+0.035%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.60	−0.009%	$5.8M	$39.9M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.50	−0.094%	$176.3M	$177.2M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.63	+0.017%	$14.5M	$127.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.42	−0.159%	$968.1M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.45	−0.138%	$820.5M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.49	−0.102%	$366.2M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.Plong	+0.0100%	1h	117.61	long leg	$237K	$851K	10x
Arcus SOL-USD	+0.0100%	1h	117.66	+0.043%	$2.0M	$9.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.49	−0.102%	$849.7M	$641.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.47	−0.119%	$424.0M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.50	−0.091%	$130.5M	$211.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.49	−0.105%	$487.0M	$433.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.53	−0.068%	$23.7M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.64	+0.022%	$24.3M	$119.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.44	−0.148%	$94.3M	$405.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.55	−0.055%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.56	−0.043%	$1.5M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.49	−0.102%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.62	+0.009%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.60	−0.006%	$200K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.58	−0.026%	$25K	$28K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.62	+0.008%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.56	−0.043%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.54	−0.060%	$45.8M	$100.3M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	−0.131%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.53	−0.068%	$6.5M	$13.2M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.45	−0.139%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.29	−0.269%	—	$221.4M	500x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.70	+0.073%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0170%	1h	117.62	+0.009%	$717.8M	$395.5M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.61	−0.003%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.45	−0.136%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]short	L +0.0232% / S −0.0170%	1h	117.62	+0.009%	$3.6M	—	200x
Aftermath Perps SOLUSD	+0.0364%	1h	117.53	−0.067%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.70	+0.077%	$128K	$3.8M	8.3x	as long as short