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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h +0.043%
Price spread now: Reya against Orderly−0.067%7-day average −0.026% · 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)+0.145%+$14 on $10k
Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.067%, 7d avg −0.026%
Together, before fees+0.284%+ Points / potential airdropReya: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.041% cheaper against Orderly than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.026%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SOL_USDC118.520.0075pay 0.0075% / 8h23m 30s$1.0M$5.9M100x
ShortReya SOLRUSDPERP118.440.0184get 0.0023% / 1h23m 30s$1.1M$538K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Orderly. 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
$22.84
Price spread: −0.067% → −0.026%
−$4.12
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Reya: 3 bp × 2 orders
−$6
Net
$6.72
Costs to cover
0.120%
Break-even
4.9 days
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Reya no order-book sample
Orderly 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
Hotstuff SOL-PERP−0.0080%1h118.42−0.085%$840$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.40−0.103%$723K20xas long as short
Derive SOL-PERP−0.0069%1h118.36−0.138%$2.0M$2.8M13xas long as short
ApeX Omni SOLUSDT−0.0020%1h118.38−0.121%$1.5M$6.2M50xas long as short
dYdX SOL-USD−0.0014%1h118.51−0.008%$4.8M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.51−0.010%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.45−0.061%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m118.45−0.057%$175K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0069%1h118.46−0.055%$26.5M$26.1M50xas long as short
Orderly PERP_SOL_USDClong+0.0075%8h118.52long leg$1.0M$5.9M100x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOL_USDT+0.0078%8h118.48−0.034%$862.2M$682.4M100xas long as short
01 Exchange SOLUSD+0.0080%1h118.46−0.051%$103K$157K20xas long as short
BingX SOL-USDT+0.0080%8h118.49−0.022%$372.2Mas long as short
HTX SOL-USDT+0.0083%8h118.30−0.182%$230.3M$45.1M75xas long as short
Lighter SOL+0.0096%1h118.42−0.088%$13.4M$56.1M25xas long as short
Lighter RH SOL+0.0096%1h118.39−0.114%$2.2M$17.0M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h118.47−0.040%$119K$629K20xas long as short
Aevo SOL-PERP+0.0096%1h118.36−0.131%$351K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h118.43−0.074%$8.1M$414.9M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.44−0.071%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.38−0.118%$45K$798K20xas long as short
Nado SOL-PERP+0.0100%1h118.51−0.008%$5.7M$40.9M40xas long as short
Hyperliquid SOL+0.0100%1h118.54+0.017%$717.0M$409.8M20xas long as short
Aster SOLUSDT+0.0100%8h118.50−0.018%$177.4M$178.4M100xas long as short
Pacifica SOL+0.0100%1h118.50−0.017%$12.2M$121.2M20xas long as short
Binance SOLUSDT+0.0100%8h118.48−0.032%$977.8M$3.84B100xas long as short
Bybit SOLUSDT+0.0100%8h118.53+0.008%$822.1M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.43−0.076%$367.4M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.47−0.042%$232K$868K10xas long as short
Arcus SOL-USD+0.0100%1h118.45−0.057%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.93+0.346%$133.7M$5.4M20xas long as short
MEXC SOL_USDT+0.0100%8h118.45−0.059%$427.4M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.45−0.055%$137.3M$205.3M75xas long as short
Bitget SOLUSDT+0.0100%8h118.43−0.078%$490.8M$460.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.39−0.110%$24.0M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h118.69+0.145%$27.1M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h118.51−0.005%$95.2M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.79+0.225%$48.6M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h118.47−0.042%$1.3M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.46−0.051%$361K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.49−0.026%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.44−0.067%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.37−0.123%$192K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.38−0.118%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.41−0.093%$46.3M$102.9M50xas long as short
Phoenix SOL+0.0100%1h118.46−0.051%$6.6M$13.7M25xas long as short
Extended SOL-USD+0.0104%1h118.40−0.100%$8.7M$36.1M50xas long as short
Kraken Futures PF_SOLUSD+0.0106%1h118.40−0.102%$32.4M$97.3M100xas long as short
Aftermath Perps SOLUSD+0.0114%1h118.74+0.186%$24K$47K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.39−0.107%$226.6M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0168% / S −0.0068%1h118.51−0.012%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0170%1h118.91+0.329%$4K$2K12xas long as short
Reya SOLRUSDPERPshort+0.0184%1h118.44−0.067%$1.1M$538K25x
BloFin SOL-USDT+0.0220%8h118.57+0.042%$52.2M$80.4M125xas long as short
RISEx SOL/USDC+0.0226%1h118.45−0.063%$1.6M$5.2M20xas long as short