Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0090%/8h= −9.8% APRnext payment $0.11 per $10,000 · paid last 24h −0.029%
Price spread now: Pacifica against Reya+0.084%7-day average +0.034% · 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)−0.130%−$13 on $10k
Price spread, last 7 days−0.056%−$6 · spread now +0.084%, 7d avg +0.034%
Together, before fees−0.186%+ Points / potential airdropReya: Active · Pacifica: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.050% dearer against Reya than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.034%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP117.400.0190pay 0.0024% / 1h43m 28s$1.1M$523K25x
ShortPacifica SOL117.500.0100get 0.0013% / 1h43m 28s$14.5M$127.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$18.83
Price spread: +0.084% → +0.034%
$5.01
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$27.83
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Pacifica: live order book, 1 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 Pacifica live order book, 1 min ago0.43 bp4.7 bp −$58.3 bp −$83doesn't fitdoesn't fit
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
Hotstuff SOL-PERP−0.0080%1h117.36−0.031%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.35−0.042%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.34−0.048%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.27−0.109%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.32−0.070%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.46+0.049%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.43+0.022%$1.4M$19.5M3.1xas long as short
HTX SOL-USDT+0.0047%8h117.27−0.114%$227.8M$45.6M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0056%1h117.39−0.014%$26.4M$25.2M50xas long as short
01 Exchange SOLUSD+0.0056%1h117.41+0.007%$100K$163K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.37−0.027%$8.0M$402.5M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.34−0.056%$100K$691K20xas long as short
BingX SOL-USDC+0.0080%8h117.41+0.008%$10.5Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.37−0.028%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.47+0.061%$13.0M$59.2M25xas long as short
Lighter RH SOL+0.0096%1h117.45+0.044%$2.1M$16.2M25xas long as short
Aevo SOL-PERP+0.0096%1h117.34−0.050%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.36−0.035%$67K$835K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.45+0.042%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.42+0.020%$5.8M$39.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.47+0.061%$176.3M$176.7M100xas long as short
Pacifica SOLshort+0.0100%1h117.50+0.084%$14.5M$127.6M20x
Binance SOLUSDT+0.0100%8h117.40+0.002%$966.9M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.42+0.014%$820.2M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.40−0.001%$365.5M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.21−0.163%$237K$847K10xas long as short
Arcus SOL-USD+0.0100%1h117.43+0.026%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.45+0.041%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.46+0.050%$858.2M$646.6M100xas long as short
MEXC SOL_USDT+0.0100%8h117.44+0.033%$424.0M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.46+0.052%$130.1M$212.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.41+0.005%$486.2M$433.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.36−0.035%$23.6M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h117.36−0.032%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.39−0.011%$94.3M$401.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.27−0.116%$48.0M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.48+0.067%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.38−0.018%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.40−0.001%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.32−0.070%$199K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.33−0.058%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.35−0.045%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.35−0.044%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.37−0.027%$45.7M$100.3M50xas long as short
Extended SOL-USD+0.0104%1h117.39−0.011%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.48+0.064%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.56+0.135%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.47+0.060%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0161%1h117.58+0.152%$718.0M$393.2M20xas long as short
Reya SOLRUSDPERPlong+0.0190%1h117.40long leg$1.1M$523K25x
Injective SOL/USDC PERP+0.0218%1h117.38−0.018%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.47+0.058%$70.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.31−0.075%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0381%1h117.40−0.001%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.400.000%$128K$3.8M8.3xas long as short