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% APRnext payment $0.10 per $10,000 · paid last 24h −0.035%
Price spread now: StandX against Reya−0.011%7-day average +0.021% · 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)−0.125%−$12 on $10k
Price spread, last 3 days (all we have)−0.019%−$2 · spread now −0.011%, 7d avg +0.021%
Together, before fees−0.144%+ Points / potential airdropReya: Active · StandX: Active · farm board−$14 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 StandX is 0.033% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP119.000.0180pay 0.0022% / 1h32m 03s$1.1M$557K25x
ShortStandX SOL-USD118.990.0100get 0.0013% / 1h32m 03s$1.4M$13.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$16.71
Price spread: −0.011% → +0.021%
−$3.27
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee StandX: 4 bp × 2 orders
−$8
Net
−$33.98
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; StandX: live order book, 2 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 StandX live order book, 2 min ago3.78 bp8.6 bp −$99.4 bp −$94doesn'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
Injective SOL/USDC PERP−0.0151%1h118.89−0.095%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.95−0.042%$2.0M$3.2M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.06+0.049%$844$8K25xas long as short
Vest SOL-PERP−0.0080%1h118.98−0.024%$724K20xas long as short
Aftermath Perps SOLUSD−0.0008%1h118.99−0.007%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.05+0.036%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.03+0.023%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.02+0.015%$180K$4.0M8.3xas long as short
dYdX SOL-USD0.0000%1h119.05+0.037%$4.9M$26.9M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0006%1h119.09+0.069%$26.7M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0060%8h119.03+0.026%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0063%8h118.96−0.039%$231.8M$43.6M75xas long as short
01 Exchange SOLUSD+0.0072%1h119.05+0.039%$104K$152K20xas long as short
Hibachi SOL/USDT-P+0.0072%1h118.99−0.015%$122K$600K20xas long as short
ApeX Omni SOLUSDT+0.0075%1h119.12+0.097%$1.5M$6.2M50xas long as short
BingX SOL-USDC+0.0080%8h119.00−0.003%$10.5Mas long as short
Gate SOL_USDT+0.0085%8h119.00−0.003%$868.8M$681.4M100xas long as short
Lighter SOL+0.0096%1h119.02+0.014%$13.4M$53.8M25xas long as short
Lighter RH SOL+0.0096%1h119.01+0.006%$2.0M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.02+0.017%$354K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.03+0.024%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.02+0.014%$45K$781K20xas long as short
Nado SOL-PERP+0.0100%1h119.01+0.005%$6.5M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.11+0.089%$718.6M$414.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.000.000%$179.6M$174.6M100xas long as short
Pacifica SOL+0.0100%1h119.10+0.081%$12.4M$114.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.99−0.011%$972.7M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h119.01+0.008%$825.2M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.96−0.037%$370.8M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.96−0.037%$234K$867K10xas long as short
Arcus SOL-USD+0.0100%1h119.11+0.087%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.01+0.005%$474.8M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.06+0.045%$142.8M$196.2M75xas long as short
Bitget SOLUSDT+0.0100%8h119.01+0.003%$496.7M$448.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.04+0.031%$24.4M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h119.00−0.002%$27.4M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.99−0.009%$95.6M$397.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.12+0.098%$48.8M$33.4M20xas long as short
StandX SOL-USDshort+0.0100%1h118.99−0.011%$1.4M$13.4M30x
Polymarket Perps SOL-USD+0.0100%1h119.02+0.014%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.01+0.007%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.04+0.029%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h119.00−0.004%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.02+0.014%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.01+0.005%$46.5M$100.0M50xas long as short
Bulk SOL-USD+0.0100%1h118.71−0.247%$133.1M$11.8M20xas long as short
Extended SOL-USD+0.0104%1h119.00−0.006%$8.7M$36.9M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.06+0.049%$8.1M$414.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.04+0.032%$216.8M500xas long as short
Phoenix SOL+0.0154%1h119.03+0.022%$6.7M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.08+0.068%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERPlong+0.0180%1h119.00long leg$1.1M$557K25x
BloFin SOL-USDT+0.0220%8h118.98−0.020%$51.7M$86.9M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h119.04+0.027%$36.0M$89.4M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0173%1h119.04+0.031%$3.6M200xas long as short