SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.070%

Price spread now: dYdX against GMX+0.077%7-day average −0.027% · you sell dearer than you buy

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

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.136%−$14 on $10k

Price spread, last 3 days (all we have)−0.106%−$11 · spread now +0.077%, 7d avg −0.027%

Together, before fees−0.242%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.104% dearer against GMX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.027%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SOL/USD [SOL-USDC]	117.42	L +0.0232% / S −0.0171%	pay 0.0029% / 1h	57m 52s	$3.5M	—	200x
Short	dYdX SOL-USD	117.51	0	get 0.0000% / 1h	57m 52s	$4.5M	$24.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$48.73
Price spread: +0.077% → −0.027%: $10.45
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$60.28
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: 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 dYdX live order book, 1 min ago	9.78 bp	14.8 bp −$15	16.7 bp −$167	24.4 bp −$2,438	48.8 bp −$24.4K

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 54 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	117.59	+0.150%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0057%	1h	117.41	−0.005%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.43	+0.011%	$31.5M	$98.4M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.43	+0.009%	$56K	—	150x	as long as short
dYdX SOL-USDshort	0.0000%	1h	117.51	+0.077%	$4.5M	$24.1M	20x
Kalshi KXSOLPERP	0.0000%	8h	117.56	+0.120%	$1.4M	$20.1M	3.1x	as long as short
Derive SOL-PERP	+0.0009%	1h	117.36	−0.050%	$2.0M	$2.8M	13x	as long as short
HTX SOL-USDT	+0.0035%	8h	117.34	−0.065%	$228.1M	$45.4M	75x	as long as short
01 Exchange SOLUSD	+0.0040%	1h	117.52	+0.086%	$100K	$162K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.44	+0.021%	$8.0M	$403.1M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SOL_USDC-PERPETUAL	+0.0068%	1h	117.47	+0.047%	$26.4M	$25.4M	50x	as long as short
Lighter SOL	+0.0072%	1h	117.43	+0.009%	$13.1M	$58.9M	25x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.55	+0.110%	$100K	$690K	20x	as long as short
Gate SOL_USDT	+0.0080%	8h	117.33	−0.076%	$848.6M	$641.1M	100x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.32	−0.085%	—	$362.8M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.44	+0.019%	$1.0M	$5.8M	100x	as long as short
Lighter RH SOL	+0.0096%	1h	117.42	−0.003%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.44	+0.015%	$344K	$225K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.55	+0.113%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.49	+0.060%	$67K	$840K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.44	+0.022%	$5.8M	$40.1M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.35	−0.057%	$176.1M	$177.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.55	+0.107%	$14.5M	$127.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.31	−0.091%	$967.1M	$3.74B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.34	−0.067%	$819.7M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.32	−0.085%	$365.7M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.37	−0.042%	$238K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.51	+0.080%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.32	−0.085%	$422.7M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.32	−0.086%	$130.3M	$211.0M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.28	−0.115%	$486.3M	$434.9M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.38	−0.033%	$23.7M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.45	+0.030%	$24.3M	$120.0M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.44	+0.014%	$94.3M	$405.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.43	+0.005%	$48.1M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.44	+0.018%	$1.5M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.53	+0.094%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.46	+0.035%	$354K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.42	+0.004%	$201K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.42	0.000%	$25K	$28K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.43	+0.009%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.43	+0.009%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.42	+0.001%	$45.7M	$100.4M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	+0.031%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.53	+0.094%	$6.5M	$13.2M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.27	−0.125%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.55	+0.109%	—	$221.7M	500x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.55	+0.115%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0139%	1h	117.47	+0.043%	$716.8M	$395.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.41	−0.010%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.45	+0.026%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]long	L +0.0232% / S −0.0171%	1h	117.42	long leg	$3.5M	—	200x
Aftermath Perps SOLUSD	+0.0362%	1h	117.51	+0.075%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.57	+0.126%	$128K	$3.8M	8.3x	as long as short