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+0.0080%/8h= +8.7% APRpaid last 24h +0.035%
Price spread now: Reya against edgeX+0.318%65s7-day average +0.012% · 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)+0.143%+$14 on $10k
Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.318%, 7d avg +0.012%
Together, before fees+0.131%+ Points / potential airdropedgeX: Active · Reya: Active · farm board+$13 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 0.305% dearer against edgeX than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOLUSDC118.710.0100pay 0.0050% / 4h2h 34m$95.3M$397.3M75x
ShortReya SOLRUSDPERP119.090.0180get 0.0022% / 1h34m 24s$1.1M$557K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against edgeX. 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
$16.72
Price spread: +0.318% → +0.012%
$30.52
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Reya: 3 bp × 2 orders
−$6
Net
$32.24
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: edgeX: live order book, 5 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 edgeX live order book, 5 min ago2.53 bp7.0 bp −$77.0 bp −$707.1 bp −$71110.3 bp −$5,171
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+0.152%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.99+0.232%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.19+0.402%$845$8K25xas long as short
Vest SOL-PERP−0.0080%1h119.05+0.290%$724K20xas long as short
Aftermath Perps SOLUSD−0.0016%1h118.96+0.215%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.12+0.343%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.96+0.215%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.16+0.375%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.18+0.400%$4.9M$26.9M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0023%1h119.13+0.350%$26.7M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.08+0.316%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0066%8h118.96+0.211%$231.8M$43.6M75xas long as short
01 Exchange SOLUSD+0.0072%1h119.16+0.380%$104K$152K20xas long as short
ApeX Omni SOLUSDT+0.0075%1h119.12+0.345%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.17+0.391%$10.5Mas long as short
Hibachi SOL/USDT-P+0.0080%1h119.00+0.241%$122K$600K20xas long as short
Gate SOL_USDT+0.0087%8h119.18+0.396%$868.9M$680.6M100xas long as short
Lighter SOL+0.0096%1h119.18+0.393%$13.5M$53.6M25xas long as short
Lighter RH SOL+0.0096%1h119.19+0.405%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.06+0.291%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.16+0.378%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.13+0.354%$45K$780K20xas long as short
Nado SOL-PERP+0.0100%1h119.10+0.327%$5.5M$40.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.19+0.405%$718.7M$413.6M20xas long as short
Aster SOLUSDT+0.0100%8h119.18+0.396%$179.9M$174.5M100xas long as short
Pacifica SOL+0.0100%1h119.21+0.425%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.15+0.368%$973.2M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h119.15+0.371%$825.6M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.08+0.312%$370.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.203%$234K$863K10xas long as short
Arcus SOL-USD+0.0100%1h119.24+0.448%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.11+0.337%$471.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.13+0.355%$143.3M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.10+0.327%$497.0M$448.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.12+0.346%$24.4M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.00+0.246%$27.4M$127.2Mas long as short
edgeX SOLUSDClong+0.0100%4h118.71long leg$95.3M$397.3M75x
GRVT SOL_USDT_Perp+0.0100%8h119.11+0.335%$48.7M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.06+0.295%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.11+0.337%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.09+0.319%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.07+0.300%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.05+0.288%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.06+0.295%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.05+0.287%$46.5M$99.9M50xas long as short
Bulk SOL-USD+0.0100%1h118.710.000%$133.1M$11.8M20xas long as short
Extended SOL-USD+0.0104%1h119.18+0.395%$8.6M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.11+0.342%$8.1M$414.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.06+0.291%$217.0M500xas long as short
Phoenix SOL+0.0154%1h119.03+0.270%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.19+0.408%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERPshort+0.0180%1h119.09+0.318%$1.1M$557K25x
BloFin SOL-USDT+0.0220%8h119.03+0.270%$51.8M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.09+0.319%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.11+0.339%$3.6M200xas long as short