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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0094%/8h= −10.2% APRnext payment $0.12 per $10,000 · paid last 24h −0.045%
Price spread now: ApeX Omni against Reya+0.215%7-day average +0.020% · 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)−0.283%−$28 on $10k
Price spread, last 7 days−0.154%−$15 · spread now +0.215%, 7d avg +0.020%
Together, before fees−0.437%+ Points / potential airdropReya: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.195% dearer against Reya than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of +0.020%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.0 days. At the pace of the last 3 days (−0.283% in total) that is about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SOLRUSDPERP116.870.0194pay 0.0024% / 1h1m 24s$1.1M$544K25x
ShortApeX Omni SOLUSDT117.130.0100get 0.0013% / 1h1m 24s$1.2M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
−$19.64
Price spread: +0.215% → +0.020%
$19.5
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$16.14
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 3 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 ApeX Omni live order book, 3 min ago0.43 bp5.4 bp −$58.9 bp −$8968.0 bp −$6,802doesn'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
Kraken Futures PF_SOLUSD−0.0239%1h116.99+0.099%$33.0M$104.1M100xas long as short
Bybit SOLUSDT−0.0105%8h116.89+0.013%$741.4M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h117.11+0.201%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0080%1h117.02+0.123%$102K$689K20xas long as short
Vest SOL-PERP−0.0032%1h116.91+0.032%$625K20xas long as short
Derive SOL-PERP−0.0010%1h116.86−0.014%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.93+0.047%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.09+0.186%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.97+0.083%$110K$3.7M8.3xas long as short
dYdX SOL-USD+0.0008%1h116.96+0.073%$4.3M$23.8M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h116.95+0.064%$101K$179K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h117.01+0.113%$7.9M$407.8M50xas long as short
Bitget SOLUSDT+0.0059%8h116.91+0.027%$481.9M$462.2M100xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.92+0.039%$1.0M$6.0M100xas long as short
Lighter SOL+0.0096%1h116.92+0.035%$13.1M$61.8M25xas long as short
Lighter RH SOL+0.0096%1h116.90+0.023%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h116.91+0.033%$352K$247K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h116.91+0.026%$1.0M$551K50xas long as short
Katana Perps SOL-USD+0.0099%8h116.89+0.013%$62K$911K20xas long as short
Nado SOL-PERP+0.0100%1h116.90+0.023%$5.5M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h117.03+0.133%$701.3M$408.4M20xas long as short
Aster SOLUSDT+0.0100%8h116.89+0.014%$176.2M$176.9M100xas long as short
Pacifica SOL+0.0100%1h116.96+0.074%$15.8M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.91+0.030%$971.1M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.93+0.047%$371.9M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.99+0.098%$219K$883K10xas long as short
Arcus SOL-USD+0.0100%1h116.93+0.049%$908K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h117.05+0.148%$126.2M$23.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.91+0.030%$846.2M$677.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.91+0.030%$364.8M$1.09B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.91+0.033%$128.9M$231.5M75xas long as short
BingX SOL-USDT+0.0100%8h116.91+0.029%$372.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.97+0.081%$23.1M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h117.05+0.154%$24.8M$113.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.98+0.090%$93.9M$411.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.04+0.142%$47.9M$30.9M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h117.13+0.215%$1.2M$6.8M50x
StandX SOL-USD+0.0100%1h117.04+0.141%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.90+0.021%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.94+0.057%$236K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.91+0.030%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.96+0.070%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.96+0.073%$6.1M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h116.96+0.076%$226.5M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.96+0.073%$45.5M$105.4M50xas long as short
Extended SOL-USD+0.0104%1h116.86−0.016%$8.1M$39.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.99+0.099%$238.5M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0171%1h117.05+0.148%$26.5M$22.1M50xas long as short
Injective SOL/USDC PERP+0.0173%1h117.09+0.184%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h117.18+0.261%$6.6M$13.7M25xas long as short
Reya SOLRUSDPERPlong+0.0194%1h116.87long leg$1.1M$544K25x
BloFin SOL-USDT+0.0220%8h117.04+0.141%$52.1M$68.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.93+0.048%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0492%1h117.01+0.115%$25K$56K20xas long as short
RISEx SOL/USDC+0.0547%1h117.00+0.105%$2.1M$4.9M20xas long as short