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+0.0086%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.093%−$9 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SOL-USD119.350.0100pay 0.0013% / 1h50m 55s$133.8M$7.0M20x
ShortGMX SOL/USD [SOL-USDC]119.66L +0.0241% / S −0.0186%get 0.0023% / 1h50m 55s$3.8M200x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bulk live order book, 3 min ago4.18 bp7.7 bp −$87.7 bp −$777.7 bp −$7687.7 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SOL-PERP−0.0080%1h119.69+0.283%$849$8K25xas long as short
Vest SOL-PERP−0.0065%1h119.62+0.227%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.57+0.186%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.67+0.266%$113K150xas long as short
dYdX SOL-USD0.0000%1h119.71+0.303%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.72+0.308%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.71+0.298%$177K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0031%1h119.70+0.297%$26.8M$26.0M50xas long as short
ApeX Omni SOLUSDT+0.0045%1h119.83+0.402%$1.5M$6.2M50xas long as short
01 Exchange SOLUSD+0.0064%1h119.68+0.276%$104K$157K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0071%8h119.67+0.266%$1.1M$5.9M100xas long as short
BingX SOL-USDT+0.0080%8h119.68+0.274%$371.8Mas long as short
HTX SOL-USDT+0.0089%8h119.54+0.162%$232.7M$45.1M75xas long as short
Gate SOL_USDT+0.0089%8h119.63+0.235%$872.1M$673.9M100xas long as short
Lighter SOL+0.0096%1h119.64+0.244%$13.7M$55.4M25xas long as short
Lighter RH SOL+0.0096%1h119.63+0.235%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.61+0.219%$354K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h119.68+0.275%$8.3M$419.1M50xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.62+0.230%$1.1M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.67+0.268%$46K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.72+0.306%$6.1M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.73+0.318%$725.3M$410.4M20xas long as short
Aster SOLUSDT+0.0100%8h119.67+0.272%$179.2M$175.2M100xas long as short
Pacifica SOL+0.0100%1h119.71+0.303%$12.4M$119.6M20xas long as short
Binance SOLUSDT+0.0100%8h119.67+0.266%$986.1M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h119.67+0.269%$831.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.64+0.243%$373.4M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.66+0.260%$234K$875K10xas long as short
Arcus SOL-USD+0.0100%1h119.69+0.282%$2.0M$9.0M20xas long as short
Bulk SOL-USDlong+0.0100%1h119.35long leg$133.8M$7.0M20x
MEXC SOL_USDT+0.0100%8h119.65+0.251%$457.2M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.65+0.249%$139.8M$203.7M75xas long as short
Bitget SOLUSDT+0.0100%8h119.63+0.231%$498.1M$456.4M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.64+0.243%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.52+0.141%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.65+0.252%$96.1M$401.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.76+0.343%$49.0M$31.2M20xas long as short
StandX SOL-USD+0.0100%1h119.69+0.285%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.65+0.251%$372K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.65+0.248%$203K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.68+0.278%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h119.64+0.246%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.65+0.251%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.64+0.243%$46.7M$102.5M50xas long as short
Phoenix SOL+0.0100%1h119.88+0.444%$6.6M$13.7M25xas long as short
Aftermath Perps SOLUSD+0.0103%1h119.62+0.228%$24K$47K20xas long as short
Extended SOL-USD+0.0104%1h119.61+0.219%$8.7M$35.9M50xas long as short
Hibachi SOL/USDT-P+0.0104%1h119.69+0.289%$122K$639K20xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h119.67+0.264%$32.7M$97.0M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.66+0.263%$224.6M500xas long as short
Injective SOL/USDC PERP+0.0170%1h119.02−0.276%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0183%1h119.63+0.235%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h119.64+0.243%$52.0M$84.5M125xas long as short
RISEx SOL/USDC+0.0226%1h119.69+0.283%$1.7M$5.2M20xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0241% / S −0.0186%1h119.66+0.260%$3.8M200x