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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.006%
Price spread now: GMX against Pacifica−0.027%7-day average +0.007% · 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)+0.071%+$7 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.027%, 7d avg +0.007%
Together, before fees+0.070%+ Points / potential airdropPacifica: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.034% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.007%). If the spread goes back, that is −$3 on $10k: about 35 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL116.350.0100pay 0.0013% / 1h0m 58s$15.8M$130.3M20x
ShortGMX SOL/USD [SOL-USDC]116.32L +0.0235% / S −0.0179%get 0.0022% / 1h0m 58s$3.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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
$16.58
Price spread: −0.027% → +0.007%
−$3.41
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$6.83
Costs to cover
0.200%
Break-even
9.9 days
Slippage unknown: Pacifica: live order book, 3 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 Pacifica live order book, 3 min ago0.43 bp4.4 bp −$46.2 bp −$62doesn't fitdoesn'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 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
Hibachi SOL/USDT-P−0.0232%1h116.30−0.041%$105K$705K20xas long as short
Kraken Futures PF_SOLUSD−0.0194%1h116.33−0.012%$31.6M$103.2M100xas long as short
Vest SOL-PERP−0.0113%1h116.28−0.059%$601K20xas long as short
Bybit SOLUSDT−0.0094%8h116.24−0.093%$746.2M$1.40B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.32−0.025%$1K$8K25xas long as short
Derive SOL-PERP−0.0025%1h116.25−0.082%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.32−0.024%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.32−0.022%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0011%1h116.31−0.033%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.34−0.004%$7.6M$404.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0064%1h116.35+0.002%$99K$175K20xas long as short
Bullet SOL-USD+0.0069%1h116.30−0.039%$147K$1.6M20xas long as short
Bitget SOLUSDT+0.0085%8h116.26−0.073%$480.5M$448.3M100xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.33−0.018%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.33−0.016%$13.1M$60.7M25xas long as short
Lighter RH SOL+0.0096%1h116.31−0.028%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h116.34−0.007%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.28−0.058%$60K$899K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.33−0.015%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.32−0.023%$5.3M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.41+0.053%$700.5M$395.7M20xas long as short
Aster SOLUSDT+0.0100%8h116.30−0.041%$174.2M$183.3M100xas long as short
Pacifica SOLlong+0.0100%1h116.35long leg$15.8M$130.3M20x
Binance SOLUSDT+0.0100%8h116.31−0.033%$969.9M$3.84B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.31−0.033%$366.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.34−0.007%$214K$862K10xas long as short
Arcus SOL-USD+0.0100%1h116.36+0.013%$917K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.27−0.071%$131.6M$15.2M20xas long as short
Gate SOL_USDT+0.0100%8h116.31−0.033%$852.7M$673.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.32−0.024%$375.3M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.33−0.016%$123.2M$227.0M75xas long as short
BingX SOL-USDC+0.0100%8h116.28−0.054%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.32−0.024%$23.0M$39.9M50xas long as short
Variational Omni SOL+0.0100%8h116.20−0.123%$25.0M$114.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.34−0.003%$93.4M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.43+0.070%$47.6M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.29−0.050%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.33−0.016%$1.3M$11.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.32−0.024%$320K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.30−0.040%$25K$32K25xas long as short
SunX SOL-USDT+0.0100%8h116.34−0.010%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.32−0.024%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.30−0.043%$225.4M$48.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.34−0.007%$45.3M$103.4M50xas long as short
Extended SOL-USD+0.0104%1h116.27−0.069%$8.3M$37.9M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.50+0.131%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.33−0.018%$236.0M500xas long as short
Phoenix SOL+0.0151%1h116.36+0.010%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0175%1h116.39+0.038%$26.2M$23.1M50xas long as short
Reya SOLRUSDPERP+0.0192%1h116.30−0.038%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.35+0.002%$51.8M$67.1M125xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0235% / S −0.0179%1h116.32−0.027%$3.6M200x
Perpl SOL+0.0335%43m116.33−0.016%$115K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0561%1h116.41+0.050%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0567%1h116.40+0.049%$25K$52K20xas long as short