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: edgeX against Reya−0.317%65s7-day average −0.012% · 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)−0.143%−$14 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.317%, 7d avg −0.012%
Together, before fees−0.132%+ Points / potential airdropReya: Active · edgeX: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.304% cheaper against Reya than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.012%). Swap the legs. 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
LongReya SOLRUSDPERP119.090.0180pay 0.0022% / 1h34m 08s$1.1M$557K25x
ShortedgeX SOLUSDC118.710.0100get 0.0050% / 4h2h 34m$95.3M$397.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$16.72
Price spread: −0.317% → −0.012%
−$30.42
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$62.14
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; edgeX: live order book, 5 min ago. 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 edgeX live order book, 5 min ago2.53 bp7.0 bp −$77.0 bp −$707.1 bp −$71110.3 bp −$5,161
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%1h118.89−0.165%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h119.03−0.049%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.19+0.084%$845$8K25xas long as short
Vest SOL-PERP−0.0080%1h119.05−0.027%$724K20xas long as short
Aftermath Perps SOLUSD−0.0016%1h118.96−0.103%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.12+0.025%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.17+0.070%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.16+0.057%$180K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.15+0.055%$26.7M$27.7M50xas long as short
dYdX SOL-USD0.0000%1h119.18+0.082%$4.9M$26.9M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.13+0.033%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0066%8h119.04−0.036%$231.9M$43.6M75xas long as short
01 Exchange SOLUSD+0.0072%1h119.16+0.062%$104K$152K20xas long as short
ApeX Omni SOLUSDT+0.0075%1h119.12+0.027%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.10+0.009%$10.5Mas long as short
Hibachi SOL/USDT-P+0.0080%1h119.00−0.076%$122K$600K20xas long as short
Gate SOL_USDT+0.0087%8h119.08−0.005%$868.2M$680.8M100xas long as short
Lighter SOL+0.0096%1h119.10+0.012%$13.5M$53.7M25xas long as short
Lighter RH SOL+0.0096%1h119.09+0.004%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.10+0.010%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.16+0.060%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.13+0.036%$45K$780K20xas long as short
Nado SOL-PERP+0.0100%1h119.10+0.009%$5.5M$40.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.18+0.078%$718.6M$413.6M20xas long as short
Aster SOLUSDT+0.0100%8h119.12+0.027%$179.8M$174.5M100xas long as short
Pacifica SOL+0.0100%1h119.21+0.107%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.05−0.035%$972.3M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h119.07−0.013%$825.3M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.01−0.064%$370.4M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95−0.115%$234K$863K10xas long as short
Arcus SOL-USD+0.0100%1h119.24+0.130%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.09+0.003%$471.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.13+0.037%$143.3M$196.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.05−0.027%$496.9M$448.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.10+0.011%$24.4M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.00−0.072%$27.4M$127.2Mas long as short
edgeX SOLUSDCshort+0.0100%4h118.71−0.317%$95.3M$397.3M75x
GRVT SOL_USDT_Perp+0.0100%8h119.11+0.017%$48.7M$33.4M20xas long as short
StandX SOL-USD+0.0100%1h119.06−0.022%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.11+0.020%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.09+0.001%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.12+0.027%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.16+0.062%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.09+0.003%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.09+0.003%$46.5M$99.9M50xas long as short
Bulk SOL-USD+0.0100%1h118.71−0.317%$133.1M$11.8M20xas long as short
Extended SOL-USD+0.0104%1h119.07−0.015%$8.6M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.15+0.052%$8.1M$414.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.15+0.055%$216.7M500xas long as short
Phoenix SOL+0.0154%1h119.03−0.047%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.19+0.090%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERPlong+0.0180%1h119.09long leg$1.1M$557K25x
BloFin SOL-USDT+0.0220%8h119.03−0.047%$51.8M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.11+0.024%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.11+0.021%$3.6M200xas long as short