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+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.036%
Price spread now: Reya against SoDEX−0.047%7-day average −0.009% · 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)+0.131%+$13 on $10k
Price spread, last 3 days (all we have)+0.172%+$17 · spread now −0.047%, 7d avg −0.009%
Together, before fees+0.303%+ Points / potential airdropReya: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.037% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 37 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD119.280.0100pay 0.0013% / 1h31m 56s$6.3M$10.8M20x
ShortReya SOLRUSDPERP119.220.0181get 0.0023% / 1h31m 56s$1.1M$557K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against SoDEX. 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
$17.04
Price spread: −0.047% → −0.009%
−$3.75
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
−$0.71
Costs to cover
0.140%
Break-even
7.3 days
Slippage unknown: SoDEX: live order book, 2 min ago; Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 2 min ago0.42 bp4.4 bp −$45.2 bp −$5221.6 bp −$2,163doesn't fit
Sell Reya no order-book sample
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−0.0178%1h119.25−0.029%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.18−0.085%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.31+0.021%$846$8K25xas long as short
Vest SOL-PERP−0.0060%1h119.23−0.041%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.29+0.012%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.280.000%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.33+0.040%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.28+0.003%$179K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0024%1h119.39+0.095%$120K$611K20xas long as short
Phoenix SOL+0.0054%1h119.38+0.084%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0067%8h119.29+0.007%$1.1M$5.9M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0071%1h119.32+0.037%$26.7M$27.6M50xas long as short
Aftermath Perps SOLUSD+0.0072%1h119.45+0.139%$24K$47K20xas long as short
BingX SOL-USDT+0.0080%8h119.22−0.050%$374.1Mas long as short
HTX SOL-USDT+0.0083%8h119.25−0.026%$232.3M$44.7M75xas long as short
Gate SOL_USDT+0.0083%8h119.30+0.017%$870.3M$682.1M100xas long as short
01 Exchange SOLUSD+0.0088%1h119.29+0.008%$104K$153K20xas long as short
Lighter SOL+0.0096%1h119.280.000%$13.6M$55.6M25xas long as short
Lighter RH SOL+0.0096%1h119.28−0.002%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.27−0.005%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.27−0.005%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.280.000%$47K$794K20xas long as short
Nado SOL-PERP+0.0100%1h119.30+0.017%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.34+0.050%$718.6M$415.9M20xas long as short
Aster SOLUSDT+0.0100%8h119.29+0.009%$178.6M$176.1M100xas long as short
Pacifica SOL+0.0100%1h119.33+0.038%$12.4M$117.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.25−0.025%$986.4M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h119.29+0.008%$823.8M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.25−0.025%$371.4M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.26−0.017%$234K$885K10xas long as short
Arcus SOL-USD+0.0100%1h119.36+0.070%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.29+0.008%$450.6M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.28−0.003%$141.0M$200.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.26−0.017%$495.4M$455.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.25−0.025%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.41+0.110%$27.9M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.38+0.083%$95.9M$399.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.40+0.097%$48.9M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.44+0.134%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.42+0.117%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.24−0.034%$364K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h119.27−0.012%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.32+0.030%$194K$1.9M30xas long as short
SoDEX SOL-USDlong+0.0100%1h119.28long leg$6.3M$10.8M20x
Phemex SOLUSDT+0.0100%8h119.30+0.017%$46.6M$101.9M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.393%$134.3M$8.4M20xas long as short
Extended SOL-USD+0.0104%1h119.25−0.028%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.34+0.054%$8.2M$415.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.28−0.002%$223.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.33+0.040%$32.6M$95.7M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0085%1h119.27−0.006%$3.6M200xas long as short
Reya SOLRUSDPERPshort+0.0181%1h119.22−0.047%$1.1M$557K25x
RISEx SOL/USDC+0.0192%1h119.33+0.046%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.126%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.32+0.034%$52.2M$82.8M125xas long as short