SOL

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.143%

7d average−0.024%if it closes, per $10,000$14funding while held, a day−$10.23

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SOL/USD [SOL-USDC]	117.65	L +0.0183% / S −0.0095%	pay 0.0023% / 1h	26m 09s	$3.7M	—	200x
Short	Derive SOL-PERP	117.48	−0.0158	pay 0.0020% / 1h	26m 09s	$1.9M	$3.1M	13x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee GMXbpFee DerivebpOrdersClose when spread is

Spread captured: −$14.26
Funding while held: −$10.23
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$42.49
Spread needed to break even: 0.180%

Slippage unknown: GMX: no order-book sample; Derive: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0341%
Per $10,000 a day: −$10.23
Average in range /8h: —

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 Derive no order-book sample	—	—	—	—	—

GMX and Derive: 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 price on every exchange

against the cheapest. Click to use as the short leg.

HTX117.46cheapest

Derive117.48+0.018%

KuCoin117.54+0.068%Extended117.54+0.070%Ondo Perps117.55+0.077%BingX117.56+0.085%SoDEX117.56+0.085%SunX117.56+0.089%Lighter117.57+0.094%Orderly117.58+0.102%Lighter RH117.58+0.103%OKX117.58+0.103%MEXC117.58+0.103%Aevo117.58+0.103%Hotstuff117.58+0.105%Binance117.59+0.111%Gate117.59+0.111%Bitget117.59+0.114%Bluefin117.60+0.117%Phemex117.60+0.120%Vest117.60+0.123%Kraken Futures117.61+0.127%Paradex117.61+0.131%Bybit117.61+0.131%gTrade (Gains Network)117.62+0.137%Backpack117.63+0.145%Phoenix117.63+0.145%Coinbase International117.63+0.145%Aster117.64+0.150%Nado117.64+0.154%Bullet117.64+0.154%Deribit117.64+0.154%Reya117.64+0.154%

GMX117.65+0.161%

Katana Perps117.65+0.162%Bulk117.65+0.162%ApeX Omni117.65+0.162%Pacifica117.66+0.171%Arcus117.66+0.171%Kalshi117.66+0.171%Polymarket Perps117.67+0.179%Hyperliquid117.68+0.188%RISEx117.68+0.190%BloFin117.69+0.196%Jupiter Perps117.70+0.204%01 Exchange117.70+0.205%dYdX117.71+0.213%StandX117.71+0.213%Variational Omni117.72+0.223%Perpl117.73+0.227%Aftermath Perps117.74+0.240%edgeX117.77+0.266%Hibachi117.82+0.311%Injective117.83+0.315%

SOL on 54 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
HTX SOL-USDT	−0.161%	−0.0063%	8h	$229.2M	$40.9M	75x	as long as short
Derive SOL-PERPshort	−0.143%	−0.0158%	1h	$1.9M	$3.1M	13x
KuCoin SOLUSDTM	−0.093%	+0.0085%	8h	$139.8M	$166.3M	75x	as long as short
Extended SOL-USD	−0.091%	+0.0104%	1h	$8.8M	$35.6M	50x	as long as short
Ondo Perps SOL-USD.P	−0.084%	+0.0100%	1h	$233K	$854K	10x	as long as short
BingX SOL-USDC	−0.075%	+0.0015%	8h	—	$10.4M	—	as long as short
SoDEX SOL-USD	−0.075%	+0.0016%	1h	$6.1M	$11.1M	20x	as long as short
SunX SOL-USDT	−0.072%	+0.0100%	8h	$191K	$1.9M	30x	as long as short
Lighter SOL	−0.067%	+0.0096%	1h	$13.5M	$48.0M	25x	as long as short
Orderly PERP_SOL_USDC	−0.059%	+0.0064%	8h	$1.2M	$4.9M	100x	as long as short

Show all 54 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH SOL	−0.058%	+0.0096%	1h	$2.0M	$16.9M	25x	as long as short
OKX SOL-USDT-SWAP	−0.058%	+0.0014%	8h	$373.9M	$1.70B	100x	as long as short
MEXC SOL_USDT	−0.058%	+0.0098%	8h	$436.1M	$1.12B	300x	as long as short
Aevo SOL-PERP	−0.058%	+0.0096%	1h	$348K	$749K	20x	as long as short
Hotstuff SOL-PERP	−0.056%	−0.0080%	1h	$834	$8K	25x	as long as short
Binance SOLUSDT	−0.050%	+0.0099%	8h	$955.3M	$3.63B	100x	as long as short
Gate SOL_USDT	−0.050%	+0.0061%	8h	$851.9M	$641.0M	100x	as long as short
Bitget SOLUSDT	−0.047%	+0.0097%	8h	$494.7M	$444.0M	100x	as long as short
Bluefin SOL-PERP	−0.044%	+0.6851%	1h	$38K	$13K	25x	as long as short
Phemex SOLUSDT	−0.041%	+0.0100%	8h	$45.6M	$97.3M	50x	as long as short
Vest SOL-PERP	−0.037%	−0.0114%	1h	—	$726K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.034%	−0.0166%	1h	$33.5M	$85.3M	100x	as long as short
Paradex SOL-USD-PERP	−0.029%	+0.0063%	8h	$1.0M	$442K	50x	as long as short
Bybit SOLUSDT	−0.029%	+0.0100%	8h	$819.8M	$1.23B	100x	as long as short
gTrade (Gains Network) SOL/USD	−0.023%	L −0.0001% / S +0.0004%	1h	$62K	—	150x	as long as short
Backpack SOL_USDC_PERP	−0.016%	+0.0100%	1h	$24.1M	$37.2M	50x	as long as short
Phoenix SOL	−0.016%	+0.0142%	1h	$7.3M	$12.0M	25x	as long as short
Coinbase International SOL-PERP-INTX	−0.016%	+0.0072%	1h	$7.7M	$381.9M	50x	as long as short
Aster SOLUSDT	−0.011%	+0.0090%	8h	$176.4M	$174.4M	100x	as long as short
Nado SOL-PERP	−0.007%	+0.0100%	1h	$5.3M	$38.5M	40x	as long as short
Bullet SOL-USD	−0.007%	+0.0100%	1h	$205K	$1.7M	20x	as long as short
Deribit SOL_USDC-PERPETUAL	−0.007%	+0.0020%	1h	$26.3M	$27.0M	50x	as long as short
Reya SOLRUSDPERP	−0.007%	+0.0201%	1h	$1.1M	$553K	25x	as long as short
GMX SOL/USD [SOL-USDC]long	0.000%	L +0.0183% / S −0.0095%	1h	$3.7M	—	200x
Katana Perps SOL-USD	+0.001%	+0.0100%	8h	$45K	$708K	20x	as long as short
Bulk SOL-USD	+0.001%	+0.0100%	1h	$122.7M	$18.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.001%	−0.0230%	1h	$1.6M	$6.2M	50x	as long as short
Pacifica SOL	+0.010%	+0.0100%	1h	$12.3M	$95.3M	20x	as long as short
Arcus SOL-USD	+0.010%	+0.0100%	1h	$1.6M	$8.4M	20x	as long as short
Kalshi KXSOLPERP	+0.010%	0.0000%	8h	$1.4M	$21.1M	3.1x	as long as short
Polymarket Perps SOL-USD	+0.018%	+0.0100%	1h	$383K	$2.1M	20x	as long as short
Hyperliquid SOL	+0.027%	+0.0100%	1h	$710.0M	$436.9M	20x	as long as short
RISEx SOL/USDC	+0.029%	+0.0170%	1h	$1.6M	$7.2M	20x	as long as short
BloFin SOL-USDT	+0.035%	+0.0219%	8h	$52.7M	$95.0M	125x	as long as short
Jupiter Perps SOL-PERP	+0.043%	L +0.0112% / S +0.0048%	1h	—	$202.9M	500x	as long as short
01 Exchange SOLUSD	+0.044%	+0.0016%	1h	$116K	$124K	20x	as long as short
dYdX SOL-USD	+0.052%	0.0000%	1h	$4.6M	$22.3M	20x	as long as short
StandX SOL-USD	+0.052%	+0.0100%	1h	$1.4M	$11.0M	30x	as long as short
Variational Omni SOL	+0.062%	+0.0100%	8h	$28.1M	$109.0M	—	as long as short
Perpl SOL	+0.066%	0.0000%	43m	$217K	$3.9M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.079%	+0.0188%	1h	$25K	$43K	20x	as long as short
edgeX SOLUSDC	+0.105%	+0.0100%	4h	$94.6M	$391.1M	75x	as long as short
Hibachi SOL/USDT-P	+0.149%	+0.0112%	1h	$112K	$495K	20x	as long as short
Injective SOL/USDC PERP	+0.154%	+0.0373%	1h	$4K	$115K	12x	as long as short