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+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.065%
Price spread now: Reya against gTrade (Gains Network)−0.040%7-day average · 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)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
Funding pays, the price is against you. Reya is 0.040% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SOL/USD119.33L 0.0000% / S +0.0004%get 0.0000% / 1h26m 53s$54K150x
ShortReya SOLRUSDPERP119.280.0179get 0.0022% / 1h26m 53s$1.1M$557K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against gTrade (Gains Network). 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
$37.77
Price spread: −0.040% → 0.000%
−$4.01
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$17.76
Costs to cover
0.160%
Break-even
3.7 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell Reya no order-book sample
gTrade (Gains Network) 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%1h119.15−0.149%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27−0.048%$846$8K25xas long as short
Vest SOL-PERP−0.0078%1h119.22−0.094%$724K20xas long as short
Derive SOL-PERP−0.0054%1h119.28−0.044%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDlongL 0.0000% / S +0.0004%1h119.33long leg$54K150x
Kalshi KXSOLPERP0.0000%8h119.30−0.022%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.27−0.049%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.32−0.011%$4.9M$26.9M20xas long as short
Aftermath Perps SOLUSD+0.0009%1h119.10−0.189%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0040%1h119.43+0.083%$26.8M$27.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P+0.0056%1h119.19−0.112%$122K$600K20xas long as short
Orderly PERP_SOL_USDC+0.0060%8h119.37+0.038%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0061%8h119.22−0.089%$232.3M$43.7M75xas long as short
01 Exchange SOLUSD+0.0072%1h119.32−0.007%$104K$152K20xas long as short
ApeX Omni SOLUSDT+0.0074%1h119.04−0.241%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.37+0.037%$10.5Mas long as short
Gate SOL_USDT+0.0085%8h119.35+0.018%$871.5M$682.4M100xas long as short
Lighter SOL+0.0096%1h119.36+0.027%$13.6M$54.2M25xas long as short
Lighter RH SOL+0.0096%1h119.35+0.018%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.35+0.017%$355K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.27−0.052%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.28−0.040%$45K$783K20xas long as short
Nado SOL-PERP+0.0100%1h119.29−0.036%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.48+0.127%$720.6M$415.4M20xas long as short
Aster SOLUSDT+0.0100%8h119.39+0.050%$180.0M$174.8M100xas long as short
Pacifica SOL+0.0100%1h119.31−0.017%$12.4M$114.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.40+0.060%$976.1M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.43+0.087%$827.9M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.37+0.035%$371.7M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.18−0.124%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.34+0.010%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.37+0.035%$473.9M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.36+0.028%$143.0M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.41+0.066%$498.8M$449.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.40+0.060%$24.5M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.07−0.217%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.01−0.264%$95.6M$398.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.06−0.221%$48.7M$33.3M20xas long as short
StandX SOL-USD+0.0100%1h119.14−0.158%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.29−0.032%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.31−0.014%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.35+0.020%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.25−0.062%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.36+0.027%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.33+0.002%$46.7M$100.2M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.291%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.35+0.020%$8.7M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.41+0.071%$8.1M$415.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.31−0.019%$217.3M500xas long as short
Phoenix SOL+0.0154%1h119.04−0.241%$6.6M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.32−0.006%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERPshort+0.0179%1h119.28−0.040%$1.1M$557K25x
BloFin SOL-USDT+0.0220%8h119.33+0.002%$51.7M$86.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.39+0.049%$36.1M$89.5M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0174%1h119.33+0.001%$3.5M200xas long as short