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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%
Price spread now: Reya against Bluefin+0.081%52s7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.081% dearer against Bluefin than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SOL-PERP119.180.0100pay 0.0013% / 1h27m 30s$38K$16K25x
ShortReya SOLRUSDPERP119.280.0179get 0.0022% / 1h27m 30s$1.1M$557K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Bluefin. 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
$16.68
Price spread: +0.081% → 0.000%
$8.15
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Reya: 3 bp × 2 orders
−$6
Net
$11.83
Costs to cover
0.130%
Break-even
2.0 days
Slippage unknown: Bluefin: no order-book sample; 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 Bluefin no order-book sample
Sell Reya no order-book sample
Bluefin and 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
Injective SOL/USDC PERP−0.0151%1h119.15−0.028%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h119.10−0.071%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27+0.074%$846$8K25xas long as short
Vest SOL-PERP−0.0078%1h119.22+0.028%$724K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.19+0.004%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.20+0.016%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.20+0.013%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.32+0.111%$4.9M$26.9M20xas long as short
Aftermath Perps SOLUSD+0.0006%1h119.06−0.101%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0052%1h119.24+0.046%$26.7M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.19+0.007%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0061%8h119.03−0.126%$231.9M$43.6M75xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.12−0.053%$123K$600K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.32+0.115%$104K$152K20xas long as short
ApeX Omni SOLUSDT+0.0074%1h119.04−0.120%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.27+0.072%$10.5Mas long as short
Gate SOL_USDT+0.0085%8h119.27+0.073%$871.0M$682.3M100xas long as short
Lighter SOL+0.0096%1h119.28+0.079%$13.6M$54.2M25xas long as short
Lighter RH SOL+0.0096%1h119.27+0.076%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16−0.020%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.27+0.070%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.28+0.081%$45K$783K20xas long as short
Nado SOL-PERP+0.0100%1h119.29+0.086%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.37+0.157%$720.3M$415.0M20xas long as short
Aster SOLUSDT+0.0100%8h119.28+0.081%$179.8M$174.7M100xas long as short
Pacifica SOL+0.0100%1h119.31+0.105%$12.4M$114.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.30+0.096%$975.2M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.32+0.117%$827.9M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.27+0.073%$371.3M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18−0.003%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.34+0.132%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.29+0.090%$475.2M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29+0.091%$142.9M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.28+0.084%$498.2M$448.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.23+0.039%$24.4M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.07−0.095%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.01−0.142%$95.6M$398.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.06−0.099%$48.7M$33.3M20xas long as short
StandX SOL-USD+0.0100%1h119.14−0.036%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.29+0.090%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.16−0.018%$202K$1.7M20xas long as short
Bluefin SOL-PERPlong+0.0100%1h119.18long leg$38K$16K25x
SunX SOL-USDT+0.0100%8h119.16−0.022%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.17−0.011%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.16−0.019%$46.6M$100.2M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.169%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.27+0.071%$8.7M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.22+0.029%$8.1M$415.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.19+0.006%$217.0M500xas long as short
Phoenix SOL+0.0154%1h119.04−0.120%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.32+0.116%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERPshort+0.0179%1h119.28+0.081%$1.1M$557K25x
BloFin SOL-USDT+0.0220%8h119.11−0.061%$51.7M$87.0M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.19+0.005%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.18+0.001%$3.6M200xas long as short