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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.027%
Price spread now: SunX against Reya+0.026%7-day average +0.005% · 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)−0.138%−$14 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.026%, 7d avg +0.005%
Together, before fees−0.231%+ Points / potential airdropReya: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.021% dearer against Reya than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of +0.005%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP116.450.0194pay 0.0024% / 1h37m 02s$1.1M$544K25x
ShortSunX SOL-USDT116.480.0100get 0.0100% / 8h1h 37m$189K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$19.72
Price spread: +0.026% → +0.005%
$2.1
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$31.62
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; SunX: live order book, 9 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 SunX live order book, 9 min ago2.85 bp36.6 bp −$3758.3 bp −$583doesn'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
Hibachi SOL/USDT-P−0.0136%1h116.41−0.037%$96K$686K20xas long as short
Bybit SOLUSDT−0.0116%8h116.39−0.055%$739.8M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.47+0.014%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.50+0.038%$33.0M$105.3M100xas long as short
Derive SOL-PERP−0.0053%1h116.40−0.047%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0016%1h116.450.000%$628K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.42−0.028%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.50+0.036%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.45−0.006%$110K$3.6M8.3xas long as short
dYdX SOL-USD+0.0013%1h116.47+0.013%$4.3M$23.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOL+0.0032%1h116.46+0.003%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0040%1h116.52+0.056%$100K$177K20xas long as short
Bitget SOLUSDT+0.0047%8h116.40−0.046%$479.4M$462.1M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.50+0.037%$8.0M$404.5M50xas long as short
SoDEX SOL-USD+0.0086%1h116.47+0.013%$6.1M$10.9M20xas long as short
Aster SOLUSDT+0.0087%8h116.40−0.047%$175.7M$174.6M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0088%1h116.54+0.071%$26.4M$21.8M50xas long as short
Orderly PERP_SOL_USDC+0.0089%8h116.47+0.016%$1.0M$6.0M100xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.48+0.018%$1.0M$551K50xas long as short
Lighter SOL+0.0096%1h116.42−0.025%$13.1M$60.5M25xas long as short
Aevo SOL-PERP+0.0096%1h116.49+0.030%$351K$252K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.43−0.021%$64K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.47+0.015%$5.5M$41.1M40xas long as short
Hyperliquid SOL+0.0100%1h116.50+0.039%$697.1M$409.1M20xas long as short
Pacifica SOL+0.0100%1h116.50+0.036%$15.7M$130.5M20xas long as short
Binance SOLUSDT+0.0100%8h116.41−0.042%$966.4M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.42−0.030%$368.7M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.41−0.038%$217K$886K10xas long as short
Arcus SOL-USD+0.0100%1h116.50+0.038%$900K$8.7M20xas long as short
Gate SOL_USDT+0.0100%8h116.42−0.030%$843.4M$667.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.43−0.021%$362.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.40−0.044%$129.7M$232.5M75xas long as short
BingX SOL-USDC+0.0100%8h116.37−0.074%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.43−0.021%$23.0M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h116.51+0.052%$24.9M$111.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.40−0.046%$93.4M$409.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.54+0.074%$47.7M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.64+0.159%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.43−0.021%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.48+0.022%$312K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.48+0.025%$234K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.48+0.018%$27K$36K25xas long as short
SunX SOL-USDTshort+0.0100%8h116.48+0.026%$189K$1.8M30x
HTX SOL-USDT+0.0100%8h116.44−0.008%$225.5M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.43−0.021%$45.3M$105.4M50xas long as short
Bulk SOL-USD+0.0100%1h116.55+0.082%$124.9M$24.9M20xas long as short
Extended SOL-USD+0.0104%1h116.39−0.060%$8.0M$39.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.46+0.002%$236.9M500xas long as short
Injective SOL/USDC PERP+0.0176%1h116.50+0.039%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.55+0.082%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERPlong+0.0194%1h116.45long leg$1.1M$544K25x
BloFin SOL-USDT+0.0220%8h116.44−0.013%$52.2M$68.0M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.49+0.033%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.56+0.092%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0498%1h116.55+0.084%$25K$56K20xas long as short