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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.037%
Price spread now: BingX against Reya−0.007%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 4 days (all we have)−0.153%−$15 on $10k
Price spread, last 7 days+0.041%+$4 · spread now −0.007%, 7d avg +0.021%
Together, before fees−0.112%+ Points / potential airdropReya: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.028% 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 SOLRUSDPERP116.190.0196pay 0.0024% / 1h18m 43s$1.1M$545K25x
ShortBingX SOL-USDT116.190.0100get 0.0100% / 8h18m 43s$374.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$20.1
Price spread: −0.007% → +0.021%
−$2.76
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$38.86
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; BingX: live order book, 10 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 BingX live order book, 10 min ago0.82 bp5.8 bp −$66.2 bp −$627.8 bp −$78211.3 bp −$5,659
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−0.0153%1h116.27+0.066%$32.4M$107.0M100xas long as short
Bybit SOLUSDT−0.0102%8h116.16−0.025%$733.4M$1.43B100xas long as short
Hibachi SOL/USDT-P−0.0096%1h116.06−0.117%$100K$675K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.23+0.029%$1K$8K25xas long as short
Derive SOL-PERP−0.0075%1h116.17−0.020%$1.8M$3.0M13xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.144%$4K$2K12xas long as short
Vest SOL-PERP−0.0044%1h116.17−0.021%$644K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.24+0.041%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.23+0.036%$1.4M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.20+0.009%$99K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0005%1h116.23+0.029%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0022%8h116.16−0.028%$479.3M$456.4M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.27+0.067%$7.8M$399.3M50xas long as short
Aster SOLUSDT+0.0050%8h116.17−0.020%$177.1M$169.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0055%1h116.29+0.086%$26.4M$21.6M50xas long as short
01 Exchange SOLUSD+0.0064%1h116.26+0.058%$100K$182K20xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.24+0.040%$1.0M$6.1M100xas long as short
SoDEX SOL-USD+0.0074%1h116.24+0.041%$6.1M$11.0M20xas long as short
Lighter RH SOL+0.0080%1h116.16−0.031%$2.2M$16.8M25xas long as short
Paradex SOL-USD-PERP+0.0094%8h116.18−0.010%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.16−0.028%$13.1M$60.9M25xas long as short
Aevo SOL-PERP+0.0096%1h116.23+0.032%$351K$256K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.15−0.037%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.17−0.015%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.26+0.058%$695.8M$408.5M20xas long as short
Pacifica SOL+0.0100%1h116.20+0.007%$15.6M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.17−0.018%$960.6M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.18−0.011%$365.9M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.15−0.037%$224K$845K10xas long as short
Arcus SOL-USD+0.0100%1h116.22+0.026%$924K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.21+0.014%$125.5M$25.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.18−0.011%$842.7M$668.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.17−0.019%$371.7M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.21+0.018%$129.3M$236.2M75xas long as short
BingX SOL-USDTshort+0.0100%8h116.19−0.007%$374.3M
Backpack SOL_USDC_PERP+0.0100%1h116.23+0.032%$22.9M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h115.97−0.188%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h115.98−0.186%$93.1M$406.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.00−0.165%$47.5M$29.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.07−0.106%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.07−0.106%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.22+0.024%$314K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.23+0.029%$282K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.21+0.018%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.23+0.032%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.21+0.018%$224.9M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.22+0.024%$45.2M$104.3M50xas long as short
Extended SOL-USD+0.0104%1h116.14−0.045%$8.2M$37.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.22+0.025%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.17−0.019%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERPlong+0.0196%1h116.19long leg$1.1M$545K25x
BloFin SOL-USDT+0.0220%8h116.24+0.041%$52.2M$65.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.23+0.036%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0458%1h116.19−0.004%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.27+0.070%$2.1M$4.8M20xas long as short