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+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.033%
Price spread now: Reya against Ondo Perps+0.084%7-day average +0.028% · 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)+0.126%+$13 on $10k
Price spread, last 3 days (all we have)+0.330%+$33 · spread now +0.084%, 7d avg +0.028%
Together, before fees+0.456%+ Points / potential airdropOndo Perps: Active · Reya: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.056% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P119.080.0100pay 0.0013% / 1h6m 12s$233K$888K10x
ShortReya SOLRUSDPERP119.180.0182get 0.0023% / 1h6m 12s$1.1M$551K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Ondo Perps. 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
$17.23
Price spread: +0.084% → +0.028%
$5.6
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
$11.83
Costs to cover
0.110%
Break-even
2.2 days
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample
Sell Reya no order-book sample
Ondo Perps and 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−0.0219%1h119.18+0.087%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.16+0.065%$845$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.11+0.022%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.10+0.016%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.19+0.090%$115K150xas long as short
dYdX SOL-USD−0.0001%1h119.14+0.053%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.19+0.092%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.16+0.067%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h118.90−0.151%$6.5M$13.6M25xas long as short
Orderly PERP_SOL_USDC+0.0070%8h119.19+0.088%$1.1M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0072%1h119.22+0.118%$104K$156K20xas long as short
Hibachi SOL/USDT-P+0.0072%1h119.06−0.013%$119K$607K20xas long as short
Aftermath Perps SOLUSD+0.0075%1h119.05−0.028%$24K$47K20xas long as short
BingX SOL-USDT+0.0080%8h119.17+0.080%$374.6Mas long as short
HTX SOL-USDT+0.0082%8h119.08+0.001%$231.8M$45.0M75xas long as short
Gate SOL_USDT+0.0089%8h119.15+0.059%$870.0M$689.4M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0091%1h119.23+0.123%$26.7M$27.8M50xas long as short
Lighter SOL+0.0096%1h119.15+0.055%$13.6M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h119.14+0.051%$2.2M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.14+0.054%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.15+0.063%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.18+0.084%$45K$801K20xas long as short
Nado SOL-PERP+0.0100%1h119.16+0.067%$6.0M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.23+0.126%$717.9M$408.4M20xas long as short
Aster SOLUSDT+0.0100%8h119.19+0.089%$178.5M$176.4M100xas long as short
Pacifica SOL+0.0100%1h119.20+0.104%$12.3M$119.0M20xas long as short
Binance SOLUSDT+0.0100%8h119.15+0.061%$981.6M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.17+0.075%$828.9M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.15+0.059%$372.2M$1.72B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h119.08long leg$233K$888K10x
Arcus SOL-USD+0.0100%1h119.23+0.124%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.85−0.193%$133.1M$7.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.15+0.059%$452.2M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.17+0.080%$139.6M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.16+0.066%$496.3M$456.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.16+0.067%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h118.87−0.177%$27.5M$128.4Mas long as short
edgeX SOLUSDC+0.0100%4h118.86−0.185%$95.5M$400.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.99−0.076%$48.7M$31.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.96−0.101%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.05−0.025%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.19+0.092%$367K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.18+0.080%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.18+0.081%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.17+0.076%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.15+0.059%$46.5M$102.5M50xas long as short
Extended SOL-USD+0.0104%1h119.14+0.049%$8.7M$36.2M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.19+0.096%$8.3M$416.6M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.21+0.106%$225.0M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.17+0.077%$32.6M$97.0M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0169% / S −0.0072%1h119.18+0.084%$3.7M200xas long as short
Reya SOLRUSDPERPshort+0.0182%1h119.18+0.084%$1.1M$551K25x
RISEx SOL/USDC+0.0192%1h119.23+0.128%$1.7M$5.6M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.02−0.050%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.10+0.017%$52.1M$84.2M125xas long as short