Funding you earn now, next payment 02:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.030%
Price spread now: Ondo Perps against Reya−0.096%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)−1.518%−$152 · spread now −0.096%, 7d avg −0.026%
=Together, before fees−1.647%+ Points / potential airdropReya: Active · Ondo Perps: Active · farm board−$165 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Ondo Perps is 0.070% cheaper against Reya than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SOLRUSDPERP | 117.92 | 0.0188 | pay 0.0024% / 1h | 28m 15s | $1.1M | $523K | 25x |
| Short | Ondo Perps SOL-USD.P | 117.81 | 0.0100 | get 0.0013% / 1h | 28m 15s | $238K | $893K | 10x |
Reya SOLRUSDPERP
Ondo Perps SOL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.5
- Price spread: −0.096% → −0.026%
- −$6.95
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$36.46
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Ondo Perps: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Reya and Ondo Perps: 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 54 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 | 117.77 | −0.131% | $921 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0070% | 1h | 117.85 | −0.058% | — | $607K | 20x | as long as short |
| Derive SOL-PERP | −0.0049% | 1h | 117.92 | +0.001% | $2.0M | $2.8M | 13x | as long as short |
| Hibachi SOL/USDT-P | −0.0040% | 1h | 117.82 | −0.084% | $92K | $682K | 20x | as long as short |
| ApeX Omni SOLUSDT | −0.0019% | 1h | 117.75 | −0.146% | $1.5M | $6.0M | 50x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.98 | +0.050% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.88 | −0.035% | $4.5M | $24.3M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.86 | −0.054% | $1.4M | $21.2M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.93 | +0.006% | $129K | $3.9M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.90 | −0.017% | $2.0M | $4.7M | 20x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
Hibachi SOL/USDT-P
ApeX Omni SOLUSDT
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
RISEx SOL/USDCShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0023% | 8h | 117.67 | −0.212% | $228.7M | $45.5M | 75x | as long as short |
| Gate SOL_USDT | +0.0039% | 8h | 117.93 | +0.006% | $854.8M | $660.7M | 100x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 118.03 | +0.092% | $31.6M | $98.8M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.73 | −0.165% | $8.0M | $409.9M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 117.98 | +0.049% | — | $369.0M | — | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0085% | 1h | 118.08 | +0.134% | $26.5M | $25.5M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 118.03 | +0.088% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.82 | −0.085% | $13.1M | $59.8M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.82 | −0.091% | $2.2M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.93 | +0.006% | $103K | $160K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.02 | +0.079% | $346K | $256K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.93 | +0.005% | $1.0M | $518K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.88 | −0.036% | $63K | $853K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.93 | +0.010% | $5.7M | $41.7M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.93 | +0.006% | $177.1M | $180.1M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.89 | −0.025% | $14.4M | $128.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.97 | +0.040% | $973.4M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.01 | +0.076% | $822.8M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.03 | +0.091% | $366.3M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.Pshort | +0.0100% | 1h | 117.81 | −0.096% | $238K | $893K | 10x | |
| Arcus SOL-USD | +0.0100% | 1h | 117.91 | −0.009% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.55 | −0.313% | $134.7M | $14.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.93 | +0.006% | $423.8M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.95 | +0.026% | $131.6M | $210.4M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.01 | +0.076% | $488.6M | $441.5M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.74 | −0.155% | $23.7M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.72 | −0.175% | $24.4M | $125.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.73 | −0.167% | $94.6M | $406.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.61 | −0.266% | $48.2M | $29.7M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.87 | −0.045% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.92 | −0.002% | $355K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.96 | +0.033% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.00 | +0.067% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.03 | +0.088% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.03 | +0.091% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.74 | −0.155% | $45.8M | $101.5M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.98 | +0.049% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.00 | +0.065% | $8.2M | $36.0M | 50x | as long as short |
| Hyperliquid SOL | +0.0105% | 1h | 118.02 | +0.082% | $721.1M | $402.3M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.85 | −0.058% | — | $227.0M | 500x | as long as short |
| Reya SOLRUSDPERPlong | +0.0188% | 1h | 117.92 | long leg | $1.1M | $523K | 25x | |
| Injective SOL/USDC PERP | +0.0222% | 1h | 118.20 | +0.235% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0173% | 1h | 117.96 | +0.034% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0320% | 1h | 117.81 | −0.098% | $25K | $51K | 20x | as long as short |
HTX SOL-USDT
Gate SOL_USDT
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDT
Deribit SOL_USDC-PERPETUAL
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Jupiter Perps SOL-PERP
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD