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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.034%
Price spread now: Reya against Coinbase International+0.028%7-day average −0.037% · 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)+0.115%+$12 on $10k
Price spread, last 3 days (all we have)+0.125%+$13 · spread now +0.028%, 7d avg −0.037%
Together, before fees+0.241%+ Points / potential airdropReya: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.065% dearer against Coinbase International than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOL-PERP-INTX118.720.0112pay 0.0014% / 1h45m 09s$8.0M$413.3M50x
ShortReya SOLRUSDPERP118.750.0180get 0.0022% / 1h45m 09s$1.1M$557K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Coinbase International. 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
$14.26
Price spread: +0.028% → −0.037%
$6.49
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$4.75
Costs to cover
0.160%
Break-even
4.7 days
Slippage unknown: Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago0.04 bp5.6 bp −$69.3 bp −$9318.1 bp −$1,812doesn'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
Injective SOL/USDC PERP−0.0151%1h118.89+0.147%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.62−0.076%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0080%1h118.73+0.012%$724K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.77+0.049%$842$8K25xas long as short
Aftermath Perps SOLUSD−0.0049%1h118.89+0.150%$24K$48K20xas long as short
dYdX SOL-USD−0.0006%1h118.80+0.072%$4.9M$26.8M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h118.76+0.038%$48K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.79+0.063%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.81+0.077%$179K$4.1M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0009%1h118.73+0.014%$26.6M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0058%8h118.72+0.004%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.81+0.080%$105K$153K20xas long as short
HTX SOL-USDT+0.0073%8h118.61−0.091%$231.1M$43.6M75xas long as short
ApeX Omni SOLUSDT+0.0074%1h118.90+0.156%$1.5M$6.2M50xas long as short
BingX SOL-USDT+0.0081%8h118.64−0.061%$372.5Mas long as short
Gate SOL_USDT+0.0083%8h118.64−0.063%$856.9M$676.7M100xas long as short
KuCoin SOLUSDTM+0.0093%8h118.67−0.038%$143.7M$196.5M75xas long as short
Lighter SOL+0.0096%1h118.65−0.058%$13.4M$53.1M25xas long as short
Lighter RH SOL+0.0096%1h118.65−0.053%$2.0M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h118.68−0.027%$353K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.74+0.019%$1.0M$525K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.78+0.055%$46K$785K20xas long as short
Nado SOL-PERP+0.0100%1h118.76+0.039%$5.5M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.74+0.021%$716.0M$424.5M20xas long as short
Aster SOLUSDT+0.0100%8h118.75+0.026%$179.0M$173.6M100xas long as short
Pacifica SOL+0.0100%1h118.78+0.055%$12.3M$113.8M20xas long as short
Binance SOLUSDT+0.0100%8h118.64−0.063%$969.8M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.67−0.039%$818.6M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.63−0.072%$369.8M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.92+0.173%$233K$862K10xas long as short
Arcus SOL-USD+0.0100%1h118.82+0.085%$1.9M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.88+0.140%$133.2M$12.7M20xas long as short
MEXC SOL_USDT+0.0100%8h118.64−0.063%$465.9M$1.07B300xas long as short
Bitget SOLUSDT+0.0100%8h118.64−0.065%$495.2M$448.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.66−0.046%$24.2M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h118.85+0.110%$27.6M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.91+0.164%$95.5M$397.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.83+0.096%$48.6M$33.0M20xas long as short
StandX SOL-USD+0.0100%1h118.88+0.139%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.76+0.038%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.73+0.010%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.72+0.003%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.74+0.025%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.65−0.055%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.69−0.021%$46.3M$100.0M50xas long as short
Extended SOL-USD+0.0104%1h118.67−0.042%$8.6M$37.2M50xas long as short
Hibachi SOL/USDT-P+0.0112%1h118.87+0.131%$123K$606K20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0048%1h118.77+0.049%$218.1M500xas long as short
Coinbase International SOL-PERP-INTXlong+0.0112%1h118.72long leg$8.0M$413.3M50x
Phoenix SOL+0.0154%1h118.92+0.173%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.76+0.035%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h118.80+0.076%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERPshort+0.0180%1h118.75+0.028%$1.1M$557K25x
BloFin SOL-USDT+0.0220%8h118.67−0.038%$51.7M$87.0M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.68−0.032%$36.0M$89.8M100xas long as short