SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0169%/8h= −18.5% APRnext payment −$0.21 per $10,000 · paid last 24h −0.050%

Price spread now: Deribit against GMX−0.013%7-day average −0.017% · you buy dearer than you sell

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

Long on GMX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.192%−$19 on $10k

Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.013%, 7d avg −0.017%

Together, before fees−0.262%−$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SOL/USD [SOL-USDC]	119.45	L +0.0169% / S −0.0102%	pay 0.0021% / 1h	42m 54s	$3.8M	—	200x
Short	Deribit SOL_USDC-PERPETUAL	119.43	0	get 0.0000% / 1h	42m 54s	$26.7M	$26.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee GMXbpFee DeribitbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$35.49
Price spread: −0.013% → −0.017%: $0.34
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$54.15
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Deribit: live order book, 1 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 1 min ago	1.51 bp	5.8 bp −$6	7.0 bp −$70	23.7 bp −$2,374	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SOL-PERP	−0.0080%	1h	119.47	+0.015%	$847	$8K	25x	as long as short
Derive SOL-PERP	−0.0073%	1h	119.35	−0.087%	$2.0M	$2.8M	13x	as long as short
Vest SOL-PERP	−0.0066%	1h	119.42	−0.025%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0020%	1h	119.55	+0.084%	$5.2M	$27.7M	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	119.46	+0.008%	$113K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.55	+0.081%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.50	+0.041%	$177K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUALshort	0.0000%	1h	119.43	−0.013%	$26.7M	$26.0M	50x
Orderly PERP_SOL_USDC	+0.0072%	8h	119.44	−0.004%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	119.48	+0.025%	$104K	$158K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SOL-USDC	+0.0080%	8h	119.39	−0.046%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.39	−0.050%	$867.8M	$676.1M	100x	as long as short
HTX SOL-USDT	+0.0091%	8h	119.42	−0.022%	$232.5M	$45.0M	75x	as long as short
ApeX Omni SOLUSDT	+0.0092%	1h	119.57	+0.104%	$1.5M	$6.2M	50x	as long as short
Lighter SOL	+0.0096%	1h	119.40	−0.043%	$13.7M	$55.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.36	−0.074%	$2.2M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.39	−0.048%	$354K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	119.39	−0.046%	$8.2M	$418.5M	50x	as long as short
Aftermath Perps SOLUSD	+0.0097%	1h	119.58	+0.107%	$24K	$47K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.43	−0.015%	$1.0M	$522K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.45	0.000%	$45K	$797K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.48	+0.024%	$6.1M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.47	+0.017%	$723.4M	$412.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.39	−0.046%	$178.8M	$175.7M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.51	+0.051%	$12.3M	$120.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.37	−0.065%	$985.1M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.40	−0.045%	$831.8M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.35	−0.083%	$372.9M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.48	+0.025%	$234K	$873K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.50	+0.041%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.65	+0.168%	$134.3M	$6.6M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.40	−0.041%	$458.6M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.41	−0.037%	$139.5M	$204.6M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.36	−0.072%	$497.0M	$456.3M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.41	−0.033%	$24.3M	$38.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.65	+0.168%	$27.4M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.60	+0.124%	$96.1M	$402.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.53	+0.068%	$48.9M	$31.3M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	119.59	+0.118%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.44	−0.008%	$369K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.44	−0.012%	$203K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.44	−0.005%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.47	+0.019%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.37	−0.067%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.40	−0.041%	$46.6M	$102.7M	50x	as long as short
Phoenix SOL	+0.0100%	1h	119.70	+0.210%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	119.37	−0.064%	$8.7M	$35.9M	50x	as long as short
Hibachi SOL/USDT-P	+0.0104%	1h	119.58	+0.105%	$122K	$633K	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	119.38	−0.059%	$32.7M	$97.0M	100x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.45	+0.002%	—	$224.9M	500x	as long as short
GMX SOL/USD [SOL-USDC]long	L +0.0169% / S −0.0102%	1h	119.45	long leg	$3.8M	—	200x
Injective SOL/USDC PERP	+0.0170%	1h	119.60	+0.126%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0183%	1h	119.42	−0.022%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.40	−0.041%	$52.1M	$83.2M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	119.49	+0.030%	$1.7M	$5.2M	20x	as long as short