Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.011%
Price spread now: GMX against Bulk+0.260%7-day average +0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.068%+$7 on $10k
+Price spread, last 3 days (all we have)−0.161%−$16 · spread now +0.260%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.237% dearer against Bulk than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk SOL-USD | 119.35 | 0.0100 | pay 0.0013% / 1h | 50m 55s | $133.8M | $7.0M | 20x |
| Short | GMX SOL/USD [SOL-USDC] | 119.66 | L +0.0241% / S −0.0186% | get 0.0023% / 1h | 50m 55s | $3.8M | — | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bulk. 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
- $18.05
- Price spread: +0.260% → +0.024%
- $23.66
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $22.7
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Bulk: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bulk live order book, 3 min ago | 4.18 bp | 7.7 bp −$8 | 7.7 bp −$77 | 7.7 bp −$768 | 7.7 bp −$3,838 |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.69 | +0.283% | $849 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0065% | 1h | 119.62 | +0.227% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0052% | 1h | 119.57 | +0.186% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.67 | +0.266% | $113K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 119.71 | +0.303% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.72 | +0.308% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.71 | +0.298% | $177K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0031% | 1h | 119.70 | +0.297% | $26.8M | $26.0M | 50x | as long as short |
| ApeX Omni SOLUSDT | +0.0045% | 1h | 119.83 | +0.402% | $1.5M | $6.2M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 119.68 | +0.276% | $104K | $157K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0071% | 8h | 119.67 | +0.266% | $1.1M | $5.9M | 100x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.68 | +0.274% | — | $371.8M | — | as long as short |
| HTX SOL-USDT | +0.0089% | 8h | 119.54 | +0.162% | $232.7M | $45.1M | 75x | as long as short |
| Gate SOL_USDT | +0.0089% | 8h | 119.63 | +0.235% | $872.1M | $673.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.64 | +0.244% | $13.7M | $55.4M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 119.63 | +0.235% | $2.2M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.61 | +0.219% | $354K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0096% | 1h | 119.68 | +0.275% | $8.3M | $419.1M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.62 | +0.230% | $1.1M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.67 | +0.268% | $46K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.72 | +0.306% | $6.1M | $41.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.73 | +0.318% | $725.3M | $410.4M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.67 | +0.272% | $179.2M | $175.2M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.71 | +0.303% | $12.4M | $119.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.67 | +0.266% | $986.1M | $3.82B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.67 | +0.269% | $831.8M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.64 | +0.243% | $373.4M | $1.73B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.66 | +0.260% | $234K | $875K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.69 | +0.282% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USDlong | +0.0100% | 1h | 119.35 | long leg | $133.8M | $7.0M | 20x | |
| MEXC SOL_USDT | +0.0100% | 8h | 119.65 | +0.251% | $457.2M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.65 | +0.249% | $139.8M | $203.7M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.63 | +0.231% | $498.1M | $456.4M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.64 | +0.243% | $24.2M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.52 | +0.141% | $27.4M | $128.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.65 | +0.252% | $96.1M | $401.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.76 | +0.343% | $49.0M | $31.2M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.69 | +0.285% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.65 | +0.251% | $372K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.65 | +0.248% | $203K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.68 | +0.278% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.64 | +0.246% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.65 | +0.251% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.64 | +0.243% | $46.7M | $102.5M | 50x | as long as short |
| Phoenix SOL | +0.0100% | 1h | 119.88 | +0.444% | $6.6M | $13.7M | 25x | as long as short |
| Aftermath Perps SOLUSD | +0.0103% | 1h | 119.62 | +0.228% | $24K | $47K | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.61 | +0.219% | $8.7M | $35.9M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0104% | 1h | 119.69 | +0.289% | $122K | $639K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0105% | 1h | 119.67 | +0.264% | $32.7M | $97.0M | 100x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.66 | +0.263% | — | $224.6M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0170% | 1h | 119.02 | −0.276% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0183% | 1h | 119.63 | +0.235% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.64 | +0.243% | $52.0M | $84.5M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 119.69 | +0.283% | $1.7M | $5.2M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC]short | L +0.0241% / S −0.0186% | 1h | 119.66 | +0.260% | $3.8M | — | 200x |
Bulk SOL-USD
GMX SOL/USD [SOL-USDC]
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
ApeX Omni SOLUSDT
01 Exchange SOLUSD
BingX SOL-USDT
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
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Aftermath Perps SOLUSD
Extended SOL-USD
Kraken Futures PF_SOLUSD
Injective SOL/USDC PERP
BloFin SOL-USDT
RISEx SOL/USDC