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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0082%/8h= −8.9% APRpaid last 24h −0.036%
Price spread now: Paradex against Reya+0.094%7-day average +0.004% · 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)−0.133%−$13 on $10k
Price spread, last 3 days (all we have)−0.426%−$43 · spread now +0.094%, 7d avg +0.004%
Together, before fees−0.559%+ Points / potential airdropReya: Active · Paradex: Active · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Paradex is 0.091% dearer against Reya than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.004%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP119.250.0181pay 0.0023% / 1h34m 17s$1.1M$557K25x
ShortParadex SOL-USD-PERP119.370.0100get 0.0100% / 8h1h 34m$1.0M$523K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$17.12
Price spread: +0.094% → +0.004%
$9.08
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$18.04
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Paradex: 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 Paradex live order book, 5 min ago1.80 bp3.8 bp −$410.0 bp −$100doesn'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
Bluefin SOL-PERP−0.0222%1h119.39+0.113%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.29+0.032%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.46+0.176%$847$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.27+0.014%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.40+0.125%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.39+0.118%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.37+0.098%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.34+0.075%$181K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0024%1h119.53+0.229%$120K$611K20xas long as short
Phoenix SOL+0.0054%1h119.38+0.107%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0067%8h119.39+0.119%$1.1M$5.9M100xas long as short
Aftermath Perps SOLUSD+0.0071%1h119.49+0.197%$24K$47K20xas long as short
BingX SOL-USDC+0.0080%8h119.35+0.081%$10.5Mas long as short
HTX SOL-USDT+0.0081%8h119.31+0.050%$232.4M$44.7M75xas long as short
Gate SOL_USDT+0.0083%8h119.30+0.040%$870.7M$681.3M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0085%1h119.45+0.163%$26.7M$27.6M50xas long as short
Lighter SOL+0.0096%1h119.39+0.115%$13.6M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.38+0.107%$2.1M$16.8M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.31+0.048%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.38+0.106%$354K$748K20xas long as short
Paradex SOL-USD-PERPshort+0.0100%8h119.37+0.094%$1.0M$523K50x
Katana Perps SOL-USD+0.0100%8h119.30+0.040%$47K$794K20xas long as short
Nado SOL-PERP+0.0100%1h119.37+0.096%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.37+0.098%$718.8M$415.7M20xas long as short
Aster SOLUSDT+0.0100%8h119.34+0.071%$178.6M$176.0M100xas long as short
Pacifica SOL+0.0100%1h119.44+0.154%$12.4M$117.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.36+0.090%$987.3M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.36+0.091%$824.3M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.37+0.098%$371.5M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.28+0.023%$234K$885K10xas long as short
Arcus SOL-USD+0.0100%1h119.40+0.121%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.27+0.015%$450.9M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.30+0.037%$141.0M$200.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.39+0.115%$495.9M$455.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.48+0.191%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.41+0.133%$27.9M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.50+0.207%$96.0M$399.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44+0.157%$48.9M$31.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.56+0.258%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.50+0.207%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.26+0.006%$365K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.27+0.015%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.41+0.136%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.39+0.115%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.35+0.082%$46.6M$101.9M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.416%$134.3M$8.4M20xas long as short
Extended SOL-USD+0.0104%1h119.37+0.096%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.43+0.146%$8.2M$415.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.40+0.122%$222.6M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.42+0.143%$32.7M$95.6M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0086%1h119.38+0.110%$3.7M200xas long as short
Reya SOLRUSDPERPlong+0.0181%1h119.25long leg$1.1M$557K25x
RISEx SOL/USDC+0.0192%1h119.36+0.088%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.103%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.49+0.199%$52.2M$82.9M125xas long as short