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: Bluefin against Reya+0.022%7-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
The price spread pays, funding is against you. Bluefin is 0.022% dearer against Reya than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP119.480.0179pay 0.0022% / 1h25m 21s$1.1M$557K25x
ShortBluefin SOL-PERP119.510.0100get 0.0013% / 1h25m 21s$38K$16K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Reya. 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
−$16.67
Price spread: +0.022% → 0.000%
$2.19
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$27.48
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Bluefin: 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 Reya no order-book sample
Sell Bluefin no order-book sample
Reya and Bluefin: 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%1h119.15−0.280%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.27−0.179%$846$8K25xas long as short
Vest SOL-PERP−0.0076%1h119.43−0.050%$724K20xas long as short
Derive SOL-PERP−0.0054%1h119.43−0.050%$2.0M$3.2M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.52+0.026%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.48−0.007%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.51+0.020%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.53+0.034%$4.9M$26.9M20xas long as short
Aftermath Perps SOLUSD+0.0013%1h119.22−0.218%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0024%1h119.54+0.046%$26.8M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0060%8h119.41−0.066%$232.7M$43.7M75xas long as short
Orderly PERP_SOL_USDC+0.0060%8h119.54+0.047%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.50+0.017%$122K$602K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.52+0.029%$105K$152K20xas long as short
BingX SOL-USDT+0.0080%8h119.49+0.007%$371.5Mas long as short
Gate SOL_USDT+0.0086%8h119.49+0.004%$872.3M$683.1M100xas long as short
ApeX Omni SOLUSDT+0.0091%1h119.29−0.163%$1.5M$6.2M50xas long as short
Lighter SOL+0.0096%1h119.45−0.032%$13.6M$54.3M25xas long as short
Lighter RH SOL+0.0096%1h119.44−0.040%$2.1M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.46−0.017%$355K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.46−0.022%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.48−0.004%$45K$783K20xas long as short
Nado SOL-PERP+0.0100%1h119.44−0.037%$6.4M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.58+0.080%$721.9M$416.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.51+0.019%$180.0M$174.9M100xas long as short
Pacifica SOL+0.0100%1h119.48−0.007%$12.4M$114.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.50+0.012%$976.2M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h119.54+0.048%$827.7M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.53+0.038%$372.1M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.38−0.088%$234K$874K10xas long as short
Arcus SOL-USD+0.0100%1h119.55+0.051%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.49+0.004%$475.4M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.49+0.007%$142.7M$196.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.49+0.007%$499.5M$449.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.49+0.004%$24.5M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h119.07−0.347%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.25−0.193%$95.8M$398.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.36−0.105%$48.8M$33.3M20xas long as short
StandX SOL-USD+0.0100%1h119.41−0.063%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.50+0.013%$369K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.48−0.003%$202K$1.7M20xas long as short
Bluefin SOL-PERPshort+0.0100%1h119.51+0.022%$38K$16K25x
SunX SOL-USDT+0.0100%8h119.35−0.116%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.48−0.004%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.45−0.029%$46.7M$100.3M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.421%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.46−0.018%$8.7M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.52+0.031%$8.1M$416.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.51+0.024%$217.6M500xas long as short
Phoenix SOL+0.0154%1h119.53+0.038%$6.6M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.54+0.049%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERPlong+0.0179%1h119.48long leg$1.1M$557K25x
BloFin SOL-USDT+0.0220%8h119.33−0.130%$51.7M$86.1M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.51+0.017%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0174%1h119.51+0.021%$3.6M200xas long as short