Funding you earn now, next payment 02:00 UTC+0.0089%/8h= +9.7% APRpaid last 24h +0.033%
Price spread now: Reya against Paradex−0.108%47s7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.130%+$13 on $10k
+Price spread, last 4 days (all we have)+1.588%+$159 · spread now −0.108%, 7d avg −0.004%
=Together, before fees+1.717%+ Points / potential airdropParadex: Active · Reya: Active · farm board+$172 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.105% cheaper against Paradex than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of −0.004%). If the spread goes back, that is −$10 on $10k: about 3.9 days of funding at the current rate (+$3 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex SOL-USD-PERP | 117.69 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $1.0M | $519K | 50x |
| Short | Reya SOLRUSDPERP | 117.56 | 0.0188 | get 0.0024% / 1h | 19m 41s | $1.1M | $523K | 25x |
Paradex SOL-USD-PERP
Reya SOLRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.63
- Price spread: −0.108% → −0.004%
- −$10.46
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$1.82
- Costs to cover
- 0.100%
- Break-even
- 7.7 days
Slippage unknown: Paradex: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex live order book, 4 min ago | 1.91 bp | 3.9 bp −$4 | 9.4 bp −$94 | doesn't fit | doesn'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 54 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.72 | +0.023% | $921 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0066% | 1h | 117.57 | −0.104% | — | $607K | 20x | as long as short |
| Derive SOL-PERP | −0.0027% | 1h | 117.51 | −0.153% | $2.0M | $2.8M | 13x | as long as short |
| Hibachi SOL/USDT-P | −0.0008% | 1h | 117.78 | +0.080% | $100K | $691K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.58 | −0.093% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.67 | −0.016% | $4.5M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.59 | −0.087% | $1.4M | $20.8M | 3.1x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.71 | +0.015% | $2.0M | $4.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0030% | 1h | 117.91 | +0.189% | $1.5M | $6.0M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0039% | 1h | 117.60 | −0.074% | $26.4M | $25.5M | 50x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
Hibachi SOL/USDT-P
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
RISEx SOL/USDC
ApeX Omni SOLUSDT
Deribit SOL_USDC-PERPETUALShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.55 | −0.118% | $31.5M | $98.8M | 100x | as long as short |
| HTX SOL-USDT | +0.0051% | 8h | 117.54 | −0.129% | $228.4M | $45.5M | 75x | as long as short |
| Gate SOL_USDT | +0.0058% | 8h | 117.66 | −0.024% | $851.8M | $663.5M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.58 | −0.093% | $8.0M | $408.7M | 50x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 117.64 | −0.037% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 117.59 | −0.081% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.69 | −0.003% | $13.1M | $60.1M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 117.68 | −0.009% | $2.1M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.70 | +0.010% | $103K | $158K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.56 | −0.112% | $344K | $258K | 20x | as long as short |
| Paradex SOL-USD-PERPlong | +0.0100% | 8h | 117.69 | long leg | $1.0M | $519K | 50x | |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.66 | −0.024% | $64K | $855K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.62 | −0.058% | $5.7M | $41.5M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.67 | −0.016% | $176.6M | $179.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.69 | +0.005% | $14.4M | $128.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.68 | −0.010% | $969.9M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.70 | +0.009% | $820.6M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.68 | −0.007% | $365.7M | $1.67B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.61 | −0.067% | $239K | $891K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.69 | −0.002% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.00 | +0.264% | $135.1M | $14.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.66 | −0.024% | $425.7M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.69 | −0.001% | $131.3M | $210.4M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.67 | −0.017% | $487.3M | $441.5M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.66 | −0.024% | $23.8M | $37.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.74 | +0.046% | $24.4M | $122.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.77 | +0.067% | $94.6M | $404.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.96 | +0.232% | $48.3M | $28.8M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.96 | +0.230% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.58 | −0.092% | $353K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.57 | −0.101% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.58 | −0.088% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.60 | −0.078% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.56 | −0.109% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.56 | −0.109% | $45.8M | $101.4M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 118.11 | +0.358% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.64 | −0.038% | $8.1M | $36.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0106% | 1h | 117.79 | +0.086% | $720.2M | $400.2M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.59 | −0.086% | — | $226.2M | 500x | as long as short |
| Reya SOLRUSDPERPshort | +0.0188% | 1h | 117.56 | −0.108% | $1.1M | $523K | 25x | |
| Injective SOL/USDC PERP | +0.0222% | 1h | 117.87 | +0.154% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 117.57 | −0.098% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0338% | 1h | 117.86 | +0.145% | $25K | $51K | 20x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.63 | −0.050% | $129K | $3.9M | 8.3x | as long as short |
Kraken Futures PF_SOLUSD
HTX SOL-USDT
Gate SOL_USDT
Coinbase International SOL-PERP-INTX
BingX SOL-USDC
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
01 Exchange SOLUSD
Aevo SOL-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Jupiter Perps SOL-PERP
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
Perpl SOL