Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.065%
Price spread now: Reya against ApeX Omni−0.039%63s7-day average +0.012% · you buy dearer than you sell
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)+0.274%+$27 on $10k
Price spread, last 3 days (all we have)+0.357%+$36 · spread now −0.039%, 7d avg +0.012%
Together, before fees+0.630%+ Points / potential airdropReya: Active · farm board+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.050% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.012%). If the spread goes back, that is −$5 on $10k: about 2.1 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.274% in total) that is about 14 hours. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT119.730.0100pay 0.0013% / 1h38m 15s$1.5M$6.2M50x
ShortReya SOLRUSDPERP119.680.0181get 0.0023% / 1h38m 15s$1.1M$557K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against ApeX Omni. 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
$17
Price spread: −0.039% → +0.012%
−$5.05
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$4.05
Costs to cover
0.160%
Break-even
8.7 days
Slippage unknown: ApeX Omni: live order book, 1 min ago; Reya: 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 ApeX Omni live order book, 1 min ago0.84 bp5.8 bp −$68.0 bp −$8062.2 bp −$6,220doesn't fit
Sell Reya no order-book sample
Reya: 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
Bluefin SOL-PERP−0.0330%1h119.67−0.049%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.62−0.091%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.58−0.120%$848$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.63−0.084%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.62−0.087%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.71−0.018%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.64−0.074%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.69−0.036%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0007%1h119.64−0.077%$26.8M$27.6M50xas long as short
Hibachi SOL/USDT-P+0.0016%1h119.81+0.066%$120K$611K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SOL+0.0054%1h119.84+0.093%$6.6M$13.6M25xas long as short
Aftermath Perps SOLUSD+0.0065%1h119.58−0.126%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.72−0.008%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0078%8h119.60−0.107%$232.9M$44.6M75xas long as short
BingX SOL-USDT+0.0080%8h119.56−0.143%$374.0Mas long as short
Gate SOL_USDT+0.0086%8h119.68−0.041%$872.8M$680.2M100xas long as short
Lighter SOL+0.0096%1h119.57−0.131%$13.6M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.57−0.132%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.73+0.001%$105K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.59−0.116%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.58−0.126%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.63−0.083%$45K$790K20xas long as short
Nado SOL-PERP+0.0100%1h119.65−0.066%$6.2M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.78+0.043%$722.1M$414.5M20xas long as short
Aster SOLUSDT+0.0100%8h119.70−0.028%$179.2M$176.0M100xas long as short
Pacifica SOL+0.0100%1h119.62−0.088%$12.4M$117.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.59−0.112%$989.3M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.59−0.119%$827.1M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.55−0.150%$372.9M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.74+0.009%$234K$889K10xas long as short
Arcus SOL-USD+0.0100%1h119.69−0.028%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.59−0.116%$456.3M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.61−0.102%$141.3M$200.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.55−0.151%$496.6M$454.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.60−0.108%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.76+0.027%$27.8M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.71−0.017%$96.1M$398.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.74+0.011%$49.0M$31.9M20xas long as short
ApeX Omni SOLUSDTlong+0.0100%1h119.73long leg$1.5M$6.2M50x
StandX SOL-USD+0.0100%1h119.78+0.043%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.68−0.041%$367K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.70−0.028%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.63−0.081%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.60−0.108%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.62−0.091%$46.7M$101.8M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.016%$134.3M$8.4M20xas long as short
Extended SOL-USD+0.0104%1h119.56−0.142%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.63−0.087%$8.4M$415.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.63−0.079%$222.2M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.57−0.132%$32.7M$95.5M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0086%1h119.71−0.019%$3.7M200xas long as short
Reya SOLRUSDPERPshort+0.0181%1h119.68−0.039%$1.1M$557K25x
RISEx SOL/USDC+0.0192%1h119.68−0.038%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.500%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.62−0.091%$52.1M$82.9M125xas long as short