SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0381%/8h= −41.7% APRnext payment −$0.48 per $10,000 · paid last 24h −0.024%

Price spread now: GMX against RISEx−0.088%7-day average +0.022% · you buy dearer than you sell

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

Long on RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.009%−$1 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.088%, 7d avg +0.022%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and GMX is 0.110% cheaper against RISEx than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.022%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.009% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SOL/USDC	116.71	0.0559	pay 0.0070% / 1h	16m 05s	$1.9M	$4.9M	20x
Short	GMX SOL/USD [SOL-USDC]	116.60	L +0.0235% / S −0.0178%	get 0.0022% / 1h	16m 05s	$3.6M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against RISEx. 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 RISExbpFee GMXbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$80.06
Price spread: −0.088% → +0.022%: −$10.98
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$109.04
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: RISEx: 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 RISEx live order book, 3 min ago	0.04 bp	3.5 bp −$3	6.4 bp −$64	doesn't fit	doesn't fit
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
Hibachi SOL/USDT-P	−0.0144%	1h	116.69	−0.013%	$103K	$701K	20x	as long as short
Vest SOL-PERP	−0.0097%	1h	116.58	−0.105%	—	$601K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.64	−0.052%	$912	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.61	−0.082%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.64	−0.052%	$1.5M	$18.7M	3.1x	as long as short
dYdX SOL-USD	+0.0001%	1h	116.67	−0.031%	$4.4M	$24.2M	20x	as long as short
Derive SOL-PERP	+0.0031%	1h	116.54	−0.139%	$1.9M	$2.9M	13x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.65	−0.047%	$99K	$172K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	116.62	−0.076%	$7.4M	$404.5M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0075%	1h	116.61	−0.079%	$31.0M	$100.0M	100x	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	+0.0091%	8h	116.62	−0.073%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.60	−0.087%	$13.0M	$60.1M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	116.58	−0.103%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.60	−0.090%	$347K	$244K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.57	−0.116%	$51K	$866K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.68	−0.023%	$1.0M	$549K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.60	−0.087%	$5.4M	$39.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.66	−0.039%	$704.3M	$395.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	116.62	−0.073%	$174.8M	$182.5M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.66	−0.042%	$15.7M	$130.2M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.58	−0.110%	$969.5M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	116.52	−0.159%	$781.8M	$1.35B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.57	−0.116%	$369.0M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.53	−0.150%	$231K	$845K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.65	−0.051%	$926K	$9.1M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.58	−0.107%	$841.2M	$663.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.57	−0.116%	$384.0M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.56	−0.127%	$128.4M	$219.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	116.53	−0.147%	$478.8M	$441.2M	100x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.59	−0.101%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.55	−0.133%	$23.4M	$38.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.52	−0.155%	$24.4M	$113.8M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.57	−0.115%	$93.6M	$398.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.54	−0.141%	$47.6M	$30.0M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.64	−0.057%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.58	−0.107%	$1.3M	$12.9M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.61	−0.082%	$321K	$2.6M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.58	−0.106%	$148K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.58	−0.107%	$25K	$30K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.62	−0.072%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.61	−0.082%	$6.1M	$10.8M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.55	−0.132%	$226.2M	$47.2M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.63	−0.064%	$45.7M	$102.2M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.70	−0.004%	$133.2M	$21.0M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.56	−0.128%	$8.2M	$37.2M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0105%	1h	116.66	−0.041%	$26.3M	$24.7M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.64	−0.060%	—	$231.1M	500x	as long as short
Injective SOL/USDC PERP	+0.0137%	1h	116.73	+0.021%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0137%	1h	116.63	−0.064%	$6.5M	$13.4M	25x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	116.59	−0.099%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.70	−0.004%	$52.1M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]short	L +0.0235% / S −0.0178%	1h	116.60	−0.088%	$3.6M	—	200x
Perpl SOL	+0.0335%	43m	116.66	−0.042%	$139K	$3.7M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0530%	1h	116.67	−0.027%	$25K	$50K	20x	as long as short
RISEx SOL/USDClong	+0.0559%	1h	116.71	long leg	$1.9M	$4.9M	20x