SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0133%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.052%

Price spread now: Reya against Deribit−0.046%7-day average −0.041% · you buy dearer than you sell

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

Long on Deribit Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.211%+$21 on $10k

Price spread, last 4 days (all we have)+0.424%+$42 · spread now −0.046%, 7d avg −0.041%

Together, before fees+0.635%+ Points / potential airdropReya: Active · farm board+$63 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SOL_USDC-PERPETUAL	117.55	0.0057	pay 0.0007% / 1h	42m 08s	$26.4M	$25.2M	50x
Short	Reya SOLRUSDPERP	117.49	0.0190	get 0.0024% / 1h	42m 08s	$1.1M	$523K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 DeribitbpFee ReyabpOrdersPrice spread, now −0.046%Rate

Funding earned: $27.83
Price spread: −0.046% → −0.041%: −$0.5
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $14.33
Costs to cover: 0.130%
Break-even: 3.4 days

Slippage unknown: Deribit: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 2 min ago	1.62 bp	5.8 bp −$6	6.2 bp −$62	20.9 bp −$2,093	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SOL-PERP	−0.0080%	1h	117.36	−0.154%	$918	$8K	25x	as long as short
Vest SOL-PERP	−0.0058%	1h	117.44	−0.089%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.51	−0.031%	$31.5M	$98.1M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.42	−0.106%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.50	−0.039%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.46	−0.073%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.56	+0.012%	$1.4M	$19.5M	3.1x	as long as short
HTX SOL-USDT	+0.0055%	8h	117.49	−0.044%	$228.2M	$45.6M	75x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	117.54	−0.005%	$100K	$163K	20x	as long as short
Deribit SOL_USDC-PERPETUALlong	+0.0057%	1h	117.55	long leg	$26.4M	$25.2M	50x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.55	+0.002%	$8.0M	$403.4M	50x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.34	−0.179%	$100K	$691K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.51	−0.034%	—	$362.8M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.51	−0.032%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.52	−0.022%	$13.1M	$59.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.49	−0.045%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.50	−0.035%	$344K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.49	−0.048%	$67K	$835K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.51	−0.032%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.49	−0.043%	$5.7M	$39.5M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.50	−0.036%	$176.3M	$176.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.52	−0.022%	$14.5M	$127.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.43	−0.097%	$966.5M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.42	−0.103%	$820.0M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.49	−0.048%	$365.8M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.38	−0.141%	$237K	$849K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.52	−0.022%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.45	−0.082%	$134.7M	$15.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.51	−0.031%	$858.1M	$646.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.51	−0.031%	$424.3M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.52	−0.026%	$130.2M	$212.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.47	−0.063%	$486.5M	$433.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.49	−0.048%	$23.7M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.36	−0.154%	$24.3M	$119.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.39	−0.134%	$94.3M	$401.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.27	−0.239%	$48.0M	$28.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.48	−0.056%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.38	−0.141%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.50	−0.039%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.51	−0.028%	$200K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.48	−0.052%	$25K	$27K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.53	−0.015%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.51	−0.031%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.50	−0.039%	$45.7M	$100.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.47	−0.061%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.44	−0.088%	—	$220.8M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.56	+0.012%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.60	+0.050%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0165%	1h	117.59	+0.037%	$718.2M	$393.3M	20x	as long as short
Reya SOLRUSDPERPshort	+0.0190%	1h	117.49	−0.046%	$1.1M	$523K	25x
Injective SOL/USDC PERP	+0.0218%	1h	117.38	−0.141%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.48	−0.056%	$51.9M	$71.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.50	−0.042%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0382%	1h	117.47	−0.064%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.53	−0.012%	$128K	$3.8M	8.3x	as long as short